WAGANUI WOOL SALE

Manawatu Times, Volume XLIX, Issue 2305, 25 November 1925, Page 5

WAGANUI WOOL SALE

General Classes Maintain Prices CONTINENT GETS MOST OP 10,000 BALES [Per Press Association.] WANGANUI, Last Night. The first of the local wool sales was held to.day, when 11.000 bales were offered. The selection of wool was only an average one and included a fair proportion of wool held over from the previous season. Owing to the bad weather, this sea. son’s clip is not nearly so well-grown. It is difficult to compare the prices with recent ones, as the wools offered are of a distinctly different type, but It seems that the market is firm at the level of values established. AH well.grown wools were in good demand and met with keen competi. lion. The bulk of the offering was disposed of to Continental houses, with good support from Bradford. Operators from America were purchasing very little, as the offering was hardly suitable to her requirements. Follow. Ing is the range of prices:— Fine Cross-Bred! d. d.. Super .• .. ..... w .. 145 —16$ Average ». .. m 11$ —14$ Inferior .. .. .. .. . 9 —H$ Medium Cross. Bred: d. d. Super .. .. t... w. m 14 —l4s Average 13 —l4 Inferior H — l2 s Coarse Cross-Bred: d. d. Super 13 —l3s Average .. ... .. .•r. • US —13 Inferior »• 8 —’l® Low Cross. Bred: d. d. Super .*.»«•> sot 12 —lB J Average .. i. •• .» 10 —124 Inferior 9 —losd Hoggets. 48-50’s, 14Sd.lOJd; 46.48’5, 14d.15d; 44.46’5, 12d-13Sd; 40.44’5, 10-12 d; 3 6.40’5, 9d.11d. Lambs’ down: 14$d.l5$d; fine, 13$d15d; medium, 10Jd.ll3d; seedy and Inferior, 7d.9sd. Bellies and-pieces: Cross-bred, good to super, 8 sd-10$d; oross.bred, low to medium; Oid.B2d; locks, 4.55 d, Crutchings, medium to good: BJd--91d; inferior and seedy, 5.8 d. Dalgety’s. At the wool sale to-day, Dalgcty & Co., report;—There was a attendance of buyers but a dull sale. The Continent was not operating so freely and America was also quieter, only a small offering of wools being fit for the American trade and other wools generally Joeing heavy and tender. Bradford was buying cauti. ously ana taking medium top-making sorts, but competition from this quar. ter was l ,nolj (general, France was taking lambs, of which there was a small offering and the quality was not good. . Prices for good cross-breds were $d to Id below Wellington rates, medium wools were $d lower; rough and inferior on par. About 8 5 per cent, of th c wool haa been sold at the time of reporting.

FARMERS’ 00-OP,

[Special to “Times.”] WANGANUI, Last Night. The Farmers’ Co-operative Distributing Co. Ltd. reports: —

The first sale of the season opened at Wanganui this morning when we submitted a catalogue comprising approximately fifteen hundred bales. There was a large attendance of buyers representing Bradford, U-S.A., the Continent, Japan, local mills and Dominion scourers. Competition was keen, but seldom very animated and bidding was occasionally somewhat halting. Only a few sections of buyers were operating. It could, however, be said that although prices were slightly in tho buyers’ favour, the tone of the market was probably a little more healthy than at Wellington and Napier and a much larger section of buyers generally was operating. There were few lots suitable for the American trade, but these were in good demand at prices roughly $d to Id cheaper than at last Wellington sale, but it must be remembered that tho lots offering here were hardly up to thc usual standard, due no doubt to the bad season. We are of opinion that strong wools were fully firm and maintained the last sale’s level, but medium wools were probably $d cheaper. Pieces and bellies were slow of sale, but lambs’ wool brought fair competition at rotes fully on a level with those ruling at Wellington and Napier. Prices generally were at quite a payable level and to-day must be considered well above London parity, although we consider that the sales opening there to-day will advance in sympathy. Following are some of our prices: Rib H A 143 d; D Rib W.A. 13 Sd D Rib W.B. 13d T.C. A. 15$d; B 1353; C. 13$d; C.C. lS3sd; Mangaonoho H, IBJcl ;X-bd 18$d; Soho H, I4d: W. 125 d; MG/Raumunga- H, 15gd, E.R./Mangamahu A.A.A. ISJd; A.A. 13|d; A, 13Jd; Mt. Cure, 14d; E. 13$d. Tokorangi/A.H. H, 14d; H. 8., 12$d; A.A. 14$d; A 13§d; B 13d.