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EVENNESS OF BIDDING.

CLOSE APPRAISEMENT. OFFERING NEARLY ALL SOLD. AVERAGE. 23|D TO 244 D. The remarkable evenness of the bidding was evidenced throughout the sale. As an instance, a consecutive run of 20 lots of crossbreds ranged from 23d to 26-jd. In mother similar page of the catalogue the range was from 21d to 25£ d. Occasionally the bidding took a sharp upward turn as a choice lot of fine crossbred, super, or Corriedale was offered, prices for "these frequently topping the 30d mark. It was noticeable that the reclassed lots made consistently good prices, an important indication to growers that care in the preparation of the wool for marketing is essentia] in order to obtain the true value of every portion of the clip. The aim of the optimistic grower to realise 24d per lb. for crossbreds was realised at the sale. The Auckland Province is particularly suitable for the development of the crossbred type, though certain localities may develop the finer types of wool to advantage. It. is beyond question, however, that the sheep country of ho province is chiefly t.daptod for tinproduction of the utility sheep, such as the crossbred or liomney, and ' as the flocks become more firmly established on the older and cleaner pastures the finer types of these wools will be produced. Those that were offered yesterday sold remarkably well, and furnished abundant evidence that the future of the crossbred is assured, perhaps more thoroughly than is the case with the finer wools. Average of £35 a Bale. The average prices throughout the sale were maintained remarkably well. Experts estimate the average price per lb. to be from. 23J,d to 24-£ d, making the average price per bale about £35. which was the figure set on the opening night of the sale. The finer wools realised approximately the same as those offered at the Southern sales. The coarser wools showed an advance of about £d p»r lbThe preparing woolsgood, shafty, coarse, lines—and unshorn hoggets, were about id per lb. better than those offered at the Southern sales. Nearly all the wool catalogued was sold under the hammer, though the wiper optimist who evidently considers his wool priceless was again in evidence. There were one or two instances where growers placed reserves on their clips, M or So in advance of the high average prices realised. As in previous sales, as soon as ihe buvers realised the position they promptly refused to bid for any further lots of the same brand. The top (price of 36JU1 realised on Thursday evening for six bales of super quarterbred was not allowed to remain unassailed though it was not exceeded. Early in yesterday's sale six bales of halfbred under the brand of W.G.R. realised 36? d. Subsequently two bales of halfbred of Waiti brand brought 36jd. emphasising that the finer wools of high quality were being competed for eagerly. An Attractive Offering. The brokers' comment on the sale agrees that the offering was the most attractive' that has ever been displayed in Auckland. Tl.ie " get up " of the clip, while showing further improvement, they consider, still leaves a lot to be desired. " We quite appreciate the exceptional rush farmers have had this year, trying to get their wool into the sale," said a prominent broker, " but we would again point out that it would undoubtedly pay a number of growers to show more attention to the ' get, up ' of their clip, and surely, with wool at the present high prices ruling, is worth the little extra attention. We do not advocate overj classing small clips, but it is certainly ! in the growers' interests to see the wool | is reasonably well skirted, and if the . clip is not" large enough to class on i its own, then we recommend growers i sending it to their brokers to be classed | and pooled with other wools of equal ! quality. Brokers also urge growers to | pay more care and attention to their ! specifications. It is hardly credible the | number of bales that are wrongly doscribed by farmers, nnr this must in some cases mean a very considerable Joss. As an example, when fleece wool i; wrongly described as pieces, unless tin bale is opened the ..take is nevei I discovered." I

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19241206.2.116

Bibliographic details

New Zealand Herald, Volume LXI, Issue 18885, 6 December 1924, Page 13

Word Count
709

EVENNESS OF BIDDING. New Zealand Herald, Volume LXI, Issue 18885, 6 December 1924, Page 13

EVENNESS OF BIDDING. New Zealand Herald, Volume LXI, Issue 18885, 6 December 1924, Page 13

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