WANGANUI WOOL SALE

Manawatu Times, Issue 6848, 1 March 1929, Page 8

WANGANUI WOOL SALE

Closes With Prices Firm BROKERS’ REPORTS Per Press Association. WANGANUI, Last Night. The wool sale ended to-day with prices firm on Auckland rates. The range of prices was as follows: — Halfbred 56/58 to 1946. Extra fine crossbred 48/50 — • d d

DALGETY’S REPORT. The total offering at yesterday’s sale Was 25,000 bales, the wool catalogued being generally low to medium topmaking sorts with a few good skirted clips. Competition was in no way animated, English buyers being the principal operators. The wools were not very suitable for the Continental trade, being rather on the long side, and very mixed in quality. Many of the lots catalogued for the market wero spoiled by faulty get up and growers will be well advised to pay more attention to classing and skirting of medium to good wools. We expected the market would rule very firm on the last Auckland and Wellington prices but unfortunately through lack of competition, results must be quoted in yers’ favour. . en compared with last Wanganui V . we at time of writing, make prices for low and medium wools fully 2d clown with good and super lots 2d to 2{d lower. There was no life in the sale and as previously stated Bradford were the chief operators in fleece wool with Prance bidding fairly freely for best bellies, pieces and lambs’ wool The large quantity of inferior pieces, bellies, lambs and locks were mostly taken by local scourers. Passings were heavy mainly owing in our catalogue to valuations not being reached. Although bidding was in no way spirited, it must bo recognised that the quality * and condition of the offering was in the main inferior and only suitable for top making purposes. We see no reason why tho market should como down and aro inclined to the opinion that the lowest level has been reached. As usual our binned and rc-classed lots ' brought strong competition and sold at remarkably good rates. f 1 The following are some of the prices quoted:—EHP 11 bales 11, 14d; 20 bales E, 1346, 7 bales W, 13id; GHL/F 4 bales crossbred, 13}; GGT/K 4 bales H, 14d, 14 bales E, 13}d; PWD 6 bales E, :33d; • FAM/Biversido 7 bales E, 133 d; ACV/B 7 bales crossbred, 12d; bar over 66 17 bales H, 14}d, 21 bales A.E, 13}d; B diamond B 25 bales E, 134 d, 7 bales lambs, 16d; bar over AK 9 bales crossbred, 13Jd; E-amahiku 5 bales halfbred, 164 d, 7 bales crossbred, A, 14}d, 4 bales crossbred, B 13d; RJM/O’ 4 bales E, 12}d; TEAWA 5 bales halfbred, 16}d, 4 bales crossbred, A 134 d, 8 bales lambs, 16}d; MC/H 6 bales crossbred E, 13j; N and W 4 bales E, 1246; SABI 5 bales H, 12Jd; LODGE/JK 10 bales E, 13}d; JAJ/M 36 bales A’. E, 14d; Tataramoa 4 bales E.D. lambs, 16Jd, 5 bales lambs, 16Jd; BJB/POBOA 13 bales H, 14Jd, 46 bales E, 14d, 7 bales lambs, 18d, 4 bales crutchings, 1046, 4 bales bellies, 9£d; ESB 8 bales H, 14}d, 23 bales E, 12}d, E 6 bales W, 12d; KUKU 4 bales crossbred 13}d; EG/O 4 bales crossbred, 1346; B wineglass B 3 bales lambs, 163 d. ABBAHAM AND WILLIAMS, LTD. Abraham and Williams Ltd., in conjunction with Wright, Stephenson and Co. Ltd., report on Wednesday’s Wanganui wool sale:— <( Wo catalogued 5510 bales out of a total of 25.000 bales. As usual, at this time of the year, very few good lots were offering, most of the catalogue coming from the back country, seedy wool being consequently prominent. A full bench of buyers competed right through the sale, very keenly for practically all sorts, lambs’ wool being the only exception, but even in this case really good wool brought good money, the highest price for the sale for the evening being 21Jd for a line of Southdown cross wool. Prices wero easier than at last sale, but when compared with recent sales in other centres must be quoted very firm and in sellers’ favour. Southdown wool and ordinary lambs’ being the only lines which were easier. We would again draw attention to the excellent realisations for our binned and interlotted wool, particuthe latter which met with the competition right through. A (vf our catalogue was

with Bradford bidding well on lots suited to their use. We effected a really good clearance (90 per cent) of our catalogue under the hammer, this being due no doubt to prices being better on the whole than was anticipated by the growers. Tho majority of passed lots were lambs' wool for which tto demand has certainly gone off a little.”

Following were some of their best realisations: Merchiston, 6 bales S.D. lambs', 21}d, 4 bales super lambs’ 19}d, 4 bales lambs’ A, 163 d, 4 bales super crossbred, 15}d, 21 bales AA, lofd, 24 bales A, 14Jd 19 bales B, 13d; FE, 13 bales HA, 17d, 38 bales EA, 15d; Okirae 13 bales EAA, 15d; Marahau 10 bales lambs’ A, 19}d; Challenge, 4 bales HAA, 18d, 8 bales fine crossbred 16Jd. 8 bales fine crossbred 15}d, 10 bales crossbred medium, 14|d, 11 bales crossbred fine. 14Jd, 11 bales H fine. 16}d, 10 bales S.D. B, 15}d, 17 bales HD, 15d, 19 bales A lambs ' 14£d; ALH. 26 bales AA, 146, 22 bales A, 1346,' 11 hales B, 1246; K/Avoca, 12 bales U 13W, 9 W ’ 12i ~ ; Ararewa, 12 bales H. 14}d; •„ bales Romney E, 13d; Strathendne, 5 bales ewe 13}d, 5 bales ewe 13}; AML, 5 bales H, 14d, 15 bales E, 13Jd’ HGB, 25 bales A, 14d, 14 bales B 13d* 7F, 4 bales AA, 14}d, 7 bales a’ 1356, 12 bales B. 123 d; HSG, 5 bales H’ 146, 5 bales W, 13}d. 15 bales ewe, 13jd; JVB, 7 hales E, 1316.

FARMERS’ DISTRIBUTING COY. The N.Z. Farmers’ Co-op. Distributing Co., Ltd. report as follows: —We submitted an offering of 3033 bales of which we sold 85 per cent, under the hammer and a further 50 per cent, after the sale. The clips reeiassed by the company wore keenly sought after and realised particularly good prices on tho day. Speaking generally, all crossbreds were firm on late rates, with Down and halfbred wool in buyers’ favoui. Competition was keen on some lines. Of tho lambs’ wool, one lot in our catalogue ASC over Ngaio (Down-Cross lambs) realising 21}d, the top prieo for the sale. Following are some of the prices realised: —EG/U h, ]4Jd; E., 12}d; Arg h, 14}d; Ringa lbs., 18d; Shirley (reclassed by F.C.D.C.), Aa, 15}d; A, 14d; B, 123 d; BI (reclassed), Aa, 15}d; A, 13d; DW/W (reclassed), Aa, 15d; A, 14d; lambs, 16d; Ohutu h, 15}d; ea, 14£d; e, 14d; b and p, lid; RLB (reeiassed), eaa, 15Sd; ea, 143 d; Hiwi (reclassed), hoa, 154 d; ha. 14}d; eaa, 143 d; ea, 14}d; eb, 125 d; Iks a. 18d; lbs. b, 12}d; ASC over the Ngaios, Rom. lbs, 20d; S.D. lbs., 22}d; Various S. Down, 17d; S.D., 15d; halfbred, 164 d: crossbred h, 14id; crossbred, lid to 13}d; halfbred, lbs., lid to 163 d; crossbred lbs., 7£d to 15}d; B and D, 106 to 123 d; dead, 123 d; necks, 143 d; L and P, 7}d; locks, 63d; ctgs., 9d.

MURRAY, ROBERTS & CO., LTD.

„ Messrs. Murray, Roberts report:— The attendance of buyers was very large, representative of all sections of the wool trade. Compared wirh recent sales, the market remains steady at the level of values current at Wellington and Auckland. Growers were mostly willing to meet the lower market, and airly good clearances were m£ae. With Japan out of the market, South down wool receded considerably in price, and wool of this sort which was recently selling at extreme figures, was lower by 3d to 4d per lb. We quote some of our sales as under:— C/MAUNGARAUPI, Rom. Hgts., 15d; Rom. AA, 133 d; Rom. A, 14d; ERNSCLIFFE, EA, 134 d; E, 13 Jd; Pcs. A, lid; Bis., lOd; WAIPU, AA, 15d; A, 14d; B, 123 d; Lbs. A, 19}d; Pcs., Hid; WAIAU, EA, 13}d; EB 13d; Lbs. A, 16id FSC, Rom. Hgts., 17d; Rom. E, 14}d; Lbs., 16d; WK/PN, EAA, 15d; EA, 13d; Lbs. A, 183 d; SELKIRK A Xbd., 14}d; (binned wool), B Xbd., 13}d; Dn. Cross, 15}d; Lbs. A, 15}d; Dn. X Lbs., 16d; AES/H. ewes, 13id; WAY, HA, 15}d; HB, 143 d; EA, 15d; Pcs. A, ll}d; A, Hgts., 133 d; Swastika/PUNGATAUA, Xbd. B, 13d: Xbd. C, 12}d; Xbd. D., 123 d; Dn. Lbs., lOd; V/88/M, EA, 14d; EB, 13d; TE MARU, Rom. E., 13Jd; PUKETOTARA/W, EA, 13}d; WA, 14d; WB. 123 d; OIC, EA, 13}d; EB, 123 d; HM, A Xbd., 134 d; Lambs, 17d.

d d Super 16$ to 17$ Average 15 to 16$ Inferior 13 to 14 Fine crossbred 46/48 — Super .. .. 16 to 17$ Average 14 to 15$ • Inferior .. .» .. .. 11 to 13$ Medium crossbred 44/46 — Super 15 to 16 Average 13$ to 145 Inferior 11 to 12 Coarse crossbred 40/44 — Super 13$ to 14$ Average 31$ to 13 Inferior 11 to 12 Low crossbred 36/40 — Super 12 to 135 Average .. 10$ to 12$ ■Inferior 9 to 10 Hoggets 48/SO 16 tol8 Fine 46/48 14 to 161 Medium 44/46 .. .. 13 to 15$ Coarse and low .. .. 11$ to 33 Lambs — Down — to 20 Medium 16 to 17$ Fine 18 to 221 Seedy and inferior .. 6 to 12 Bellies and pieces, crossbred— Good to super 11 tol4 Crossbred — Low to medium .. .. 8 to 10$ Crutchings— Medium to good .. .. 10$ to 12$ ■ Inferior and seedy .. 7 to 10 Locks— Crossbred .. .. .. •• 6 to 7$