THE AUCKLAND CLIP.

New Zealand Herald, Volume LXIX, Issue 21130, 12 March 1932, Page 12

THE AUCKLAND CLIP.

LAST SALE OF SERIES. CATALOGUES CLOSE TO-DAY. large: proportion crossbred. The final wool sale of the season in Auckland will bo held in the Town Hall concert chamber on Monday, March 21, when an unlimited offering will be placed before buyers. It is expected that about 20,000 bales will come forward. Catalogues will close to-day, and most of the wool to be sold is already in store. The greater part of the wool to be offered is this season's clip. As is usual with the third sale of the season in Auckland, a large proportion of the offering is rough or coarse wool, but there is a good sprinkling of the better classes. Unfortunately, there is little demand at present for the coarser grades, owing to the dictates of fashion, and this may tend to lower the average level of prices. Taken generally, it is expected that the average quality will be about that sent forward at the second Auckland sale, the best wool of the season being usually sent in to the first sale. Crossbred wool will comprise the major portion of the offering, the number of bales of crossbred being well over 50 per cent, of the total. Of the remainder, halfbred will be the predominating type. Buyers are expected to arrive in Auckland on Thursday morning. The offering will be inspected at the various stores on Thursday afternoon, Friday and Saturday, when it is expected that the inspection will be completed. Buyers will leave again for tho South on the evening of the sale, which will commence at 9 a.m. The chairman of the Auckland WoolAssociation, Mr. B. J. Marquet, stated yesterday that it was expected that competition would be among the same buyers who dominated the previous sales in Auckland this season. It was not expected that Japanese buyers would be very active, as it had been noticed that recently they had not been buying as freely as they had done a few weeks ago. "It is impossible to outline the values which will rale next week," continued Mr. Marquet. "Tho result of the sale in Wellington to-day will not be an entirely reliable guide, as much can happen in the wool world in the ten days between the Wellington sale and the sale in Auckland. It is impossible to say what prices will be."