WELLINGTON WOOL SALE.

Otago Witness, Issue 3853, 17 January 1928, Page 14

WELLINGTON WOOL SALE.

KEEN COMPETITION. . WELLINGTON, January 12. J he third wool sale of the season, which commenced in the Town Hall on Wednesday evening, was finished to-day, andti proved to be one of the most satisfactory sales held in Wellington. The catalogues were quite up to the January standard of quality. The wool came from the Wairarapa Manawatu, Southern Hawke s Bay, Marlborough, and Nelson The crossbred wools were in good supply and generally excellent in condition, and bright merino wools from the Marlborough district were quite above the average, attracting the keenest competition from the mills in New Zealand, also from Bradford. Every section of the trade was represented on the benches, and practically every section was wanting wool.

Competition was more general than at the November sale, when the Bradford buyers seemed to be holding back, while at the sale just closed they were keen buyers. The competition generally was as keen as at any sale held in Wellington for many years. The withdrawals were comparatively small —just a few odd lots of bellies and pieces and crutchings. There were a few lots of fleece wools withdrawn, owing to high reserves, and it seems impossible to guard against this, for there are always some growers keen to beat the market.

Some of the best Marlborough clips were marketed, including the well-known Richmond Brook clip of 275 bales. Of this clip a line of 30 bales sold at 26-id, the top price, and the whole clip must have averaged the best prices this season, taking the size of the clip into consideration.

Halfbred wools were in plentiful supply, and there was general competition for them from Dominion mills and from Bradford and Continental operators. There were probably no lines equal to the best average in December, but the best average quality was well represented, and registered an advance of IJd. Down wools were also in fairly good supply, and the well-known “ Katatano,” from the Wairarapa, made up to 25d, this being the highest price realised.

The Americans were more in the market at this sale than at the previous sales, and paid very good prices up to 214 d, but the bulk of the wool made 19d to 20(1.

Average crossbred wool seemed to be wanted by all buyers, and there was very keen competition, prices advancing from Id to l|d. Lamb's’ wool was in fair supply, and was of good length, as compared with the .previous sale, owing to the wool having been shorn later. The best of the lambs’ wool sold at 22|d, the bulk selling at 19d > 20d.

Bellies and pieces did not meet the same attention as at the previous sale, and the prices were slightly lower. Taking the sale all through, it can be said that the decline in December has been recovered, and prices were equal to the November parity. It seems very probable now that prices will be maintained for the rest of the New Zealand season

(For Continuation of Farm and Station see Page 19)

’I he oflicial ange of prices is as follows : — Merino, 64-70, 60-64— Dee. 5, 1927. Jan. 11. 1923 Super 25d to 27d 243 d to 264d Average 214(1 to 24d 21jd to 24d Inferior 18£d to 20d 184d to 20d Fine half bred, 56-58— Super 22£d to 25d 231d to 244d Average 194<1 to 224<1 21Jd to 234d Inferior 174d to 19d 18d to 2046 Medium halfbred, 50-5 Super 20d to 22d 22d to 23d Average 19d to 204d 204d to 22 d Inferior — 164d to 194<T Coarse halfbred 48-50-Super 18|d to 203 d 20d to 22id Average 15id to 18(1 16Jd to 193dInferior 13|d to 15d 144d to 16 4 .1 Corriedalc— Super 22d to 24d 234 d to 2441 Average 18id to 214d 194d to 234d Inferior 16d to 171d 17d to 194(1 Fine crossbred, 46-48— Super 17d to 18gd 182d to 21*d Average 15(1 to 16$d 16|d to 184<1 Inferior 13d to 14Ad 14 d to 16d Medium crossbred 44-46— Super 16d to 17d 17d to 19d Average 14d to 15-id 15d to 163d Inferior 12d to 13jd 13?d to 144d Coarse crossbred, 40-44— Super 14d to 15(1 15jd to 17d Average 12d to 13Jd 14 d to 15gd Inferior lOd to 12d to 14d Low Crossbred, 30-50-Super 13id to 144d to 15jd Average lid to 13d 134d to 144d Inferior 9d to 12d to 13d Hoggets— 48-50 14 d to 19>d 16d to 224d Fine— 46-43 14 d to 18d 16d to 21d Medium— 44-46 14d to 16Ad 15d to 184d Coarse — 40-44 • ... . to 15d Low— 36 4'0 ... . - 12d to 14d Lambs— Down 50-56 . 17d to 20d Fine 44-50 .. 164(1 to 19d 174d to 22?d Medium 40-44 — 17d to 19d Seedv and in ferior — 13jd to 154d Bellies and pie CCS — Merino, good to super .. 144 J to 15d to 18J-.1 Low to medium .. lid to 14d 13d to 15d Halfbred — Good to super 15d to 18d 16d to 182(1 Low to medium .. lid to 14d 12d to 154d Crossbred— Low’ to medium 8d to lid • 94d to 124d Crutchings— Medium to good to 12d Hid to 12d Inferior and seedv 6d to 8d to 8d Locks — Merino lid to lid to 124d Halfbred &.1 to 9.Jd 8jd to 104 d Crossbred 6d‘ to 8d 7d to 84d