PRICES REALISED FOR DISTRICT CLIPS

Manawatu Times, Volume LIV, Issue 6842, 21 February 1929, Page 7

PRICES REALISED FOR DISTRICT CLIPS

Brokers’ Reports

GENERAL DECLINE IN ALL SECTIONS

A FEW GOOD SALES.

Per Press Association,

WELLINGTON, Last Night,

Tthe N.Z. Fanners Co-op. Distributing Coy. Ltd., reports as follows:—We submitted 2927 bales and wo passed 30 per cent of our catalogue at auction, owing in many instances, to growers not having fully appreciated the fall in prices at recent sales. Fine wools were down ljd per lb. on January prices. Strong crossbreds pieces and bellies 14d to 2d and lambs wool 2d per lb. Some of our principal realizations were:—Hoggets—WAlKAU 15Id, KAMANO 17*d, Geo/T 15Jd, LINK ICJd, YvAIRERE 15Jd, KURU 17d, AHAU 134, TMK lftd, GM/GREENFIELD 154 d, HOLTBY 17-id. Romney ewes— JH/BEAUMONT 17}d, KAMANO 17d, WAIRERE 16|d, AHAU 16Jd, R in cxrclo 10id and 16Jd, HARE lftd, EBP 16d. Corriedalo ewe—KURU 171(1, TMK 17Jd, HOLTBY 17d and lSld, PS/TARATA 17Jd and lSd, CO-OP 17d. Crossbred ewe—TE RANGI 15d and 154 d, HER 15d, JH/BEAUMONT 151 d, COL/MOALAND 15id, KAMANO 154 d, DA/M 15d, KURU 15d, AHAU Kiel, M/PUKER/i TA 15M, HAYASHOT 154, RDP 15id, AWATEA 15R1, 388 15Jd. Lambs—WAIKOU ISJd, KOTUKU 19Jd, SEAFUND 17d, TEKAPUA 17d, AB/BKHD lSd, HARE lf'ld. Southdown—BßAEMAß over L 213-d, CO-OP 204 d, DR under A/ 20d, AB 18cl, Pieces—HOLTßY 15id, KAMANO 141 d, WAIKOU 13id, JH/ BEAUMONT 124 d, WAIRERE 143 d, KOTUKU 123 d.

LOAN AND MERCANTILE,

Tho New Zealand Loan and Mercantile Agency Co. Ltd., report tho following sale realisations:—HßE, E, 6 bales, 133 d; JCC, E, 14 bales 15d; WEU, E, 4 bales, 13Jd; V 2/A, Nb, 5 bales 141 d; MF/H, Xb., 5 bales 12|d; F over PNN, E, 7 bales 14d; GIL, AE, 8 bales 13£d; JC/T, Ist Fine Xb., 9 bales 14Jd’, Ist. Xb., 9 bales 13d, Lambs, 4 bales 163 d, Fine Xb., 10 bales 15d; AC/D over C, Fine Xb., 5 bales 13d, Xb., 4 bales 12Jd; Beverley, Fino H, 7 bales 15d, Ist. Fine E, 10 bales 143 d, E, 20 bales 13Jd, Xb., 4 bales 12d; Greenhill over MC, Ist 3 BH, 6 bales 16fd, Ist Fino H, 4 bales 15d, Ist Fino E, 9 bales 17id, 2nd Fino E, 4 bales 144 d, Ist Xb. E, 11 bales 15d, 2nd Xb. E, 4 bales 14d, E, 4 bales 13Jd, Pcs 3 Bis 3, 6 bales 133 d, Ist Lambs, 5 bales 18d; GEF, Ist, 5 133 d; KBF, Ist 3 BE, 4 bales 164 d, Ist Fino E, 4 bales 16|d; SEP, Ist Fine, 4 bales 14d.

LEVIN AND 00- LTD. Messrs Levin and Co. Ltd. report:The fourth sale of the season began last evening and finished to-day. Tho offering was 27,270 bales, to which we contributed 6188 bales.

Since the last sale here, the market which was then so strong, has taken a decided dip downwards. The movement began towards tho end of the London January series and tho sales in tho South Island have shown a steadily receding level of prices. What the reason is, no one can say. Probably there are several. It is reported that the manufacturing end of the trade is not finding an outlet for its products and buyers of raw wool havo therefore lost the confidence exhibited hore in November and January. The preparation for the English general election and the momentarily unsettling effect of tho proposal to bring tho woollen industry under the Safeguarding of Industries Act and the incroase of the bank rate have had a cumulative effect upon prices. We clcarod about 90 por cent of our catalogue. America was a good buyer of super crossbreds of all qualities, provided the style was suitable and some good sales were made; viz:—"TAS/ Fairfield" 18 bales at 18Jd and DM/ Ditton, four bales at 18’d and six at 17Jd. Bradford and Continental buyers were free bidders for all grades of average and inferior crossbreds but an element which counted in tho sale was the bidding from n Japanese quarter. This helped materially in tho maintenance of prices. Lambs wool recovered on opening rates and some quite good prices wero realised. Some of tho best prices wore:—"Mamakau" 12 bales at 21 Jd, AJB/Pahiatua 10 bales 201 d, MD. .Bagshot 9 bales at 20Jd, MD/Ditton 5 bales at 21d, Peninsula 8 bales at 20Jd.

The bulk of the lambs wool was selling at from 17£d to 19J<L Following are tho movements of prices in crossbreds compared with tho sale on January 12: Crossbreds 48/50s 2d down, 46/48s ljd to 2d, 44/46s 3id to 2d, 40/44s Id to ljd, 36/40s Id to ljd, lambs: Id to ljd down, bellies pieces and locks: Jd to Id down.

DALGETY & COY., LTD. Messrs. Dalgety & Co., Ltd., report tho following prices:—DAV, 8 b/s Fine R, 14d; WP/H, 30 bales E, 14Jd; NAIRN, 5 bales E, 14d; XY, 17 bales E, 14£d; 9 bales H, 15d; GRESFORD, 9 bales A.E., 15Jd; 3 bales A.H., 16Jd; ORUAMATUA, 7 bales A.A.E., 17Jd; 5 bales Fine Xb., 16d; 7 bales A.E., 15Jd; 4 bales Ist Pcs., 13Jd; 4 bales A.A.H., lGid; FAIRLEIGH/JJT, 10 bales A.E., 15Jd; 8 bales 8.E., 14Jd; 5 bales Lbs., 17Jd; 5 bales Bis. & Pcs., 10Jd; JR/H, 24 bales E., 14Jd; DSL, 13 bales E., 14Jd; HJF, 5 bales S.D., 16Jd; 15 bales Xb. E., 14dj PUKEMARAMA, 9 bales E., 14d; MDC, 4 bales A Lbs., 18Jd; CLUNYHILLB, 4 bales halfbred, 15Jd; 10 bales A.A.E.. 15Jd; 21 bales A.E., 14Jd; 5 bales A.H., 15d; 4 bales Nks. & Pcs., Hid; AMD, 13 bales E., 14d; 4 bales H., 14Jd; HOROEKA, 5 bales A.E., 34Jd; F. Rev. P./R,, 4 bales E., 15d; TUTU TOTAEA, 6 bales A. Lbs., 18Jd; 8

bales Bis., 10Jd; EH/K, II balas E. 13fd; MS/PM, 9 bales E., 14}d; JNH, 11 bales E., 13Jd; JR/K, 8 bales E., 14Jd; 4 bales H., 15Jd; WF con. H., 7 bales E., 14Jd; 84/PN, 14 bales E., I4d; ROW, 5 bales H., 16Jd; FJR, 5 bales B. Xb., 13d; 5 bales Pcs., 13d; OW/PN, 7 bales Xb. E., 132 d; WL/S, 21 bales E., 14Jd; DJW, 4 bales Stud E.E., 14Jd; 8 bales A.A.E., 14Jd; 7 bales E., 13Jd; 6 bales A.H., 15d; GWB, 12 bales E., 15d; 7 bales H., lod; HHH, ;24 bales A.E., 14d; 7 bales A.H., 16d; 5 bales H., 15d; 7 bales Ist. lbs., 17Jd; WEW/A/SHERWOOD, 4 bales Rom. E. 15Jd; 4 bales Rom. H., 16id; HIGHLAND HOME, 3 bales F. Flee., 15fd; 10 bales A.E., 15d; 4 bales lbs., 16Jd; ARATA, 4 bales 8.E., 14d; 6 bales Lbs., 17Jd; 4 bales Bis. & Pcs., 12Jd; THE DOWNS, 5 bales A.E., 14Jd; 14 bales 8.E., 13id; 31 bales E., 14d; 5 bales A.H., 15Jd; 15 bales H., 14Jd; 6 bales A. Lbs., 18d; 8 bales B. Lbs., 14Jd; TUI, 25 bales E., 14d; IX/HIGHFIELD, 0 bales E., 14d; B & L/MAYFIELD, 4 bales E., 14Jd; 6 bales H., 17Jd; PAPANUI/D, 7 bales A. Xb., 14Jd; 24 bales B. Xb., 13Jd; PY, 7 bales E. & W., 13Jd; 6 bales Bis. & Pcs., lid; EG/K, 7 bales A.E., 14Jd; JE/B, 12 bales Xb., 15d; GP/MAUNGAWAI, 4 bales Lbs., 17d; HCF, 4 bales X.E., 13id; CAM, 18 bales E., 13Jd; AHF, 4 bales E. & H., 13Jd; BH/S, 8 bales F. Xb., 17Jd; 5 bales Xb., 12Jd; 5 bales A. Pcs., 12Jd.