WOOL SELLING SEASON

Poverty Bay Herald, Volume LII, Issue 17185, 8 November 1926, Page 8

WOOL SELLING SEASON

FIRST NAPIER SALE J 2000 P.B. BALES There, will be over 2000 hales of Poverty R»y wool offered at this season's iirst Napier wool sale, which is in be held "on November If). This quantity is in excess of Inst, season's offering al the opening sale, audi it is seldom thai so much goes forward dunne November. The went lun been going forward from Gisborne steadily during the past fortnight and- already the vessels engaged" in the trade have carried 1490 bales to Napier. A further SCO bales will be .shipped away dining the present week, and as one or Iwo odd lots will probably no forward e.n.rly next \wl:, the offering will be slightly in crra-r, of 2000 bale? Wool i= now coming into the si ores from all parts of the.'Poverty Ray district, and it is apparent that there will be a big offering forward for the December .-ale at Napier. r.OOI> QUALITY". The wool which has come in to the sorters so far Ibis season is seme of the best that has been seen locally for years, the majority of the lines being 'clean and bright. There is more grease in the wool than last season, when the dry weather conditions militated against a good quality clip, but there is not enough to make buyers' complain. In a few cases light,and dingy clips havo come forward, hut in the ■ main these come from .stations where there lias been too much stock wintered. .(loirgets in particular hays come through the winter well, and some good prices should he realised! for the best of the hogget wool that is now going forward. RIGGER ALLOTMENTS. The allotments granted to this district at the Napier sales are much better than in previous seasons, and brokers will not be likely to have the annoyance of having large quantities of wool shut out from different sales. The allotments for the season for Poverty Bay November Unlimited December 4000 bales Janunrv •• •■ 8000 bales February 8000 bales March Unlimited The total quantities offered at Napier during- the. season will lie: November Unlimited December 21,000 bales Januarv 22,000 bales February 22,000 bales March ' Unlimited SEPARATE SALES. The suggestion was recently made that the (lishornc wool, should be kept entirely free from the Hawke's Bay wool and that there should be two separate 'sales. This- offer was apparently made by the buyers in consideration of the fact that no sale had been granted Gisborne this season, but it is doubtful whether the suggestion will be carried into effect as there are a number of difficulties in the way. At the wool comes to hand from both districts the brokers in Napier prepare their catalogues, and it would be awkward to have to hold the whole of the Poverty Ray wool aside until ihe last. It is doubtful, indeed, whether Gisborne brokers weuld be keen on the arrangement, for if Mould mean that in the inteiiotted lots the Gisborne wools would stand alone and would 1 not benefit from' the Hawke's Bay offerings. PROSPECTS QUITE GOOD. Brokers in Hawke's Pay regard the prospects for good prices as being bright. They point out thai the coal strike does not appear to have affected the market to any great extern, anil' that low and medium quality lines are J selling equally as well as they did last year. The only wools that appear to no affected are the American styjo wools, which du not appear to he realising so much as hist year. Under the new regulations there will not he any three, bale lots in the main catalogue. .11 is intended that all such lots shall ho inlei'lofled, which means that small lots of similar grade will have to be grouped. Anyone who does not wish this method to be, adopted with his wool will have the right to offer three-bale lots at the conclusion of the main sale as " star " lots, hut as these never attract, the same attention from the buyers, it Is unlikely that this procedure will be adbpted.by many.