WOOL SALE LIMITS.

New Zealand Herald, Volume LXIV, Issue 19549, 31 January 1927, Page 12

WOOL SALE LIMITS.

EXTENSION NOT FAVOURED. WELLINGTON POINT OF VIEW. [by telegraph.—own correspondent.] WELLINGTON, Sunday. Replying to Auckland complaints about the limit of wool to be offered at sales Mr. R. G. Anderson, chairman of the Wellington Wool Brokers' Association, said:—"lt is hard to credit such statements as emanating from any person of responsibility in the wool trade in Auckland. The statements disclosed a lack of knowledge of the position. In the first place the New Zealand Wool Committee is anything but a Wellington committee. Its members. are Mr. William Perry, sheepfarmer, Masterton (chairman); Mr. Bernard Tripp, Timaru; Mr. R. Lilburn, Wanganui, representing the farming organisations; Mr. R. L. M. Kitto, ChristchurcK ;* and Mr. W. S. Bennett, Wellington, representing the New Zealand Wool Brokers'. Association. "It will therefore be seen that only one member of the committee is interested in Wellington business. The suggestion that the refusal of the committee to increase Auckland's limit has behind it "an attempt to attract Wellington business from the southern end of the Auckland province is very clearly opposed to the actual facts. The next Wellington sale is fixed for February 17, but catalogues for that sale closed at noon on January 13, when 32,000 bales were in store. To-day the qauntity in Wellington stores is appro iimately 42,000 bales, which means that there is already a carry-over of 15,000 bales to March 28, the date of the next sale in Wellington, seeing that the limit for the February sale 5s 27,000. bales. "The next sale in Auckland is fixed for February 21, and even although the quantity in store at present is in excess of the allotment of 20.000 bales, the faet of the Auckland brokers having to carry forward the residue to their March sale could not possibly be an inducement to growers in the Auckland district to send to Wellington, for, that wool could rot be offered here until March 23, whereas the March sale in Auckland is fixed for March 12. These facts clearly disprove that any inducement could be offered to growers in the Auckland district to favour Wellington against Auckland. "The chairman of the Auckland Wool Brokers' Association is reported to have expressed, the opinion that there is no danger of market; interference in the event of the wool committee increasing the allocations. In this I must differ because I am strongly of the opinion that with the heavy quantities of crossb,eck recently offered we ran a great risk of prejudice to the market and to increase the quantities beyond those already allotted would, to my mind, be a most reprehensible proceeding on the part of the committee. It would, in mv opinion, be totally opposed to the interest of ■wool growers, the conservation of which innst be the primary consideration which governs the decisions of the committee. "It would certainly be little satisfaction to wool brokers to see any break in the market by reason of an overloading in the quantity brought forward," concluded Mr. Anderson. "As I have already stated should an increase in quantity be conceded very grave risks would be run In that respect."