ONLY 616 BALES

Poverty Bay Herald, Volume LV, Issue 17108, 14 November 1929, Page 8

ONLY 616 BALES

FIRST SALE OFFERING GISBORNE WOOL AT NAPIER As was predicted a few days ago, the offering of Gisborne wool at the first Napier salo of the season, to bo held on Monday, is very small indeed, the smallest tor some years. The wot shearing period has kept a large amount of wool bade, while in addition a number of growers ,do not appear to be in any haste to quit their fleece until they have had an opportunity to better judge the state of the market. It is reported that some growers have sent their clips to Napier with instructions that they should not be offered in the first sale, otherwise the Gisborne quota lor Monday would have been considerably larger. The catalogue closed this morning, and from (retails of the offerings of Giswool received it is revealed that the total shipped from this port to he offered on-Monday is only 616, bales, compared with 1534 bales for the November offering last year, and 2218 for the previous November. The total wool in the catalogue was not available in Gisborne today, va«t recent reports from Napier indicate that the aggregate should not reach much more than SCOO bales, or less than half of the total at the November auction last year, when the ottering was 11,856 bales. The following is a summary of the local brokers’ offerings at the Napier sale next Monday, the figures being only for wool shipped from Gisborne: Bales Common, Shelton and Co. ... 53 J)algety and Co 117 de Peliehet, McLeod and Co. 51 Gis. Slieepi'nrmers Co 190 Murray, Roberts and Co. ... 21 N.2. Loan and Mere. Co. ... 39 Williams and Kettle 142 Total bib