NEW WOOL CLIP

New Zealand Herald, Volume LXX, Issue 21639, 3 November 1933, Page 12

NEW WOOL CLIP

THE COMING SALES PROGRESS OF SHEARING BETTER AVERAGE QUALITY With the first wool sales little over three weeks away merchants report that so far comparatively little wool is tm ha ml. The rains of the last week have had the effect of delaying shearing' and cartage of the v.-r»o!. eontequcntly a number of broken clips have been received. A spell of fine weather during the next few days will have the eifeet of piling up in the storelarge stocks and wool storemen will have to work overtime in order to pet the catalogues out well before the sale. The mild weather of the winter has resulted in the growth of wool of an even soft quality, and the opinion has been voiced thai the average standard is higher than it has been for some years past. Some large lots of the earlier shearings are in the stores and these show no deterioration of quality. At this juncture it would he difficult to estimate the quantity to be offered at this first sale. Much of it will be local wool, and is expected that large stocks will accumulate at the last minute. The general opinion is that the catalogue will be a full one. The high prices being realised by fine wools may have the effect of increasing the price of fabrics made from them, and this may have the tendency to increase the demand for wool more of the type being offered at the Dominion sales. The New Zealand selling season will he opened with the first sale at Auckland on November 27, followed by sales, at Napier and Wellington. 'The quantity offered at the opening sale at Auckland last year was 28.687 bales.