BUOYANT WOOL MARKET.

New Zealand Herald, Volume LXV, Issue 20115, 28 November 1928, Page 14

BUOYANT WOOL MARKET.

END OF 'AUCKLAND SALE

SOUND VALUES MAINTAINED.

ALL' GRADES KEENLY SOUGHT.

TOP PRICE 23d FOR HALFBRED

In four hours, the remainder of Auckland's offering of wool at tho lirst salo

o£ tho season was disposed or yesterday rnorning. The market remained buoyant, and few lots wcro passed in. Among the more notablo sales was the payment of 22,' ( d for five bales of Corricdalo owe skirted ■wool, grown by Captain Hutnplireys-Davies, of Clevcdon. A line of 13 bales of fino lialfbred was sold op account of Mr. Georgo Cbamberlin, Ponui Island, for 23(1, and four bales of tho same grower's quarter-bred wool for 22jd. The rato of selling Mas about tho samo as 011 Momlay evening—about 50 bfilrs i> miiiiito, .It ii probablo now that the total realisation of tho first salo will exceed £500,000. Tho prompt date for payment by buyers is December 10 in the case of all the selling agents but one, in whose caso December 11 is named. The distribution of so largo a Mini of money within a fortnight, of Christinas should liavo a tonic effect upon both town and country business and trade, particularly since other sources of the shecpfarmers' revenue are yielding most generously. Advance in Super Crossbred. Again yesterday morning tliero was repeated evidence of tho wisdom of carefully classing and skirting wool, tho more casually-prepared clips bringing in somo case 3 pence below lots which afforded a guarantee of uniformly good quality. The official range of prices covering the whole sale shows that haltbrxl wool wa3 a little cheaper than at the opening salo last year; crossbred was on a par to higher, super sorts especially realising high values; hogget wool sold at last year's oponing rates; tho small quantity of lambs' wool was firmer; and bellies and pieces, crutcliings and locks, sold well up to last year's rates. The low to medium and inferior classes, iri particular, cleared at figures pleasing to vendors. Keen General Competition. The report, of tho Auckland Woolt>rokers' Association states there was a bench of buyers fully representative of wool-consuming countries, and competition for practically all grades was keen. 1 Prices were about on a par with tho salo of November, 1927, and were equal to rates obtained at southern centres, although competition at the Auckland sale was more general. There were inequalities in tho bidding, some grades showing a firmer tendency while others did not attract such eager competition. A noteworthy feature of the sale was lite fact that unskirted wool, of wlueli there was still a fair amount offered, did not attract buyers, and growers lost by lack of attention to this detail. ' Tho catalogues disposed of yesterday were those of the New ■ Zealand Loan and Mercantile Agency Company, Limited, and lla;lgety and Company, Limited, who sold in conjunction with tho North Auckland Farmers' Co-opera-tive, Limited. On .Monday evening the offerings of Abraham arid Williams, Limited, Alfred Buelcland and Jnns, 'Limited, and the Farmers' Co-operative Auctioneering Company were submitted. The Kange of Prices. The following tabic gives the range of prices realised, with those for the November, 1927, auction, as a comparison November, November, 19'.'?. 19'27. ileriuo— d d d d

Halfbred .... Crossbred .. .. 7to 0 Gto 81 ihe Tinxi Auckland wool sale will open on the afternoon of Saturday, February £3. DEPARTURE OF BUYERS. BOUND FOR CHRISTCHURCH. The Auckland railway station platform .Wore a busy appearance last evening, when most of tho irnyors nlionding [U first Auckland wool sale left for Christclmrch, •where a sale will open next Monday. In order io accommodate the buyers there was an extra slooping car on both tho limited and the ordinary expresses. SERIES IX. SYDNEY, HIGH! PRICE FOR MERINO. ■Australian and N.Z. Press Association. (Received November 27, 11.25 p.m.) SYDNEY. Nov. 27. 'At Wo Sydney wool pairs to-day tliero good general competition, but ptronper types of Merinos we fltill sell* ing in buyers' favour. faulty hurry fypos met with slow demand. Greasy Merino fleece sold to 351 d. Jbe bale 3 sold totallecf 11,536. A new record for the Australian wool Reason was reached at the Sydney wool »f C /i. on -i 20. The top prico 16'tV* * greasy Merino fleeco was

Average . • . . — '231 to *25 fino Mbrca (5G*oS)— Super . . - . 23 to -25 '23i to 2C>b Average .. .. 20 to 22) 21 to 23 Inferior > .. . . — — lied. Halfbred (50-5ij)— Super 20'. to 02 Average . . . . 18 to 10J 19 to 20J Inferior . . . — —• Coarse Halfbred (48-50)— Super . . . IS to 19 19 to'201 Average .. .. 171 to 18 Inferior .. .. 15) to 17} IS to 19 1(1} to 18 Fins Crossbred (-16-48)— Super .. .. 17 to 10 17 to 18] Avera28 • .. .. 15 to 171 15 to 17! Inferior . . .. 14 to 15} 13 to 14} ftfed. Crossbred (11-iG)— Super . - , . 1G} to 13 10 to 17.} > Average .. J t to H", 14 to 1G Inferior .. . . 13} to 15 12} to 14 Coarse Crossbred (10-14)— Super .. . . 14 to 152 It to 15] A-.-erase . . . . 12} to 145 12} to 111 Inferior . . . . 10} to 12 tot to 12 !Low Crossbred (3C-10j — Super . . . . 13$ to 14} 13 V to I IS Avfefago .. .. lljloiS} 11! to I3« Inferior and seedy 1U to 1M 9} to Hi HoggetsSuper . ; . . 18 to '.'1 13 1o21 f''ino .. .. J7 i to 191 171 to 19} }fediiim .. 10]to 18] JtlJ to J3] Coarse >. .<14 to 1G} 11 tolGi ILanibs— Fine_ (44-50) .. .10 lo 18} 15} to 17? Medium (40-44) 11j to 154 Seedy and inferior — 9 to 13 Bollifls and Pieces— Halfbred; Super . . . . 1G1 to 17J 10} to 19] Crossbred: Good to super . 13} to 15J 13} to 113 Low to nioUium , ll tu 131 10j toll] .C rutching:3— Med. lo Kood .. Ill lo 1:1 JO to 11 Inferior to seedy . 3 lo 10 0} to 8} iLocka—