NAPIER WOOL SALE

Poverty Bay Herald, Volume LXI, Issue 18287, 4 January 1934, Page 4

NAPIER WOOL SALE

30,133 BALES ON OFFER GISBORNE’S 5000 BALES The allocation for the Napier wool sale to be held on Saturday has been well tilled, and the catalogues comprise 30,133 bales. This is the first sale of the new year in New Zealand and (he second of the season at Napier. Gisborne has over 5000 bales in the catalogue. The official total showing for Gisborne is only 4293 bales, but lliis figure only covers wool shipped from Gisborne, and does not take into account the large quantity of wool thut has been conveyed by lorry from the Gisborne district direct to the Napier stores, nor does it include wool from the Coast.

Individual figures obtained from local brokers to-day show the Gisborne offering to be well clear of the 5000 bales mark. Six brokers have approximately 4900 bales between them, and when the figures of the seventh firm are available the total for Gisborne should be well over 1000 - bales ahead of the official tally.. The offering of 30,133 bales is the largest at Napier for some time, and was not exceeded at any of the five sales at Napier last year. At the second Napier sale last year, the offering was 27,465 bales, and that- was the heaviest of the season at that centre. The catalogues for the first sale at Napier this season comprised 23,665 bales. The limit for the February sale is 25,000 bales, and this has already been filled bv the exceptionally large quantity received at the Napier stores during' the last few weeks. It has been suggested that the allocation should he increased to 30.000 bales in view of the anxiety of growers to dispose of their clips. The selling brokers have the offerings distributed as in the following table, the Gisborne figures shown being wool that was sent by water from the port of Gisborne only:—

Gisborne wool is distributed among the local houses as follows: Messrs. Common. Shelton and Company, 380 bales; Messrs Dalgety and Company, 952 bales; the Gisborne Sheepfarmers’ Frozen Meat and Mercantile Company, 870 bales; Messrs. Murray, Roberts and Company, TOO bales (approximately) ; the New' Zealand Loan and Mercantile Agency Company, 1530 bales; Messrs. Williams and Kettle, limited, 446 bales. The figures from Messrs. dePelichet, McLeod and Company were unavailable this morning. 'The order of the selling will be as follows, commencing at 9 n.m.: — Messrs. dePelichet, McLeod and Company, the Hawke’s Bay Farmers, Messrs. Murray, Roberts and Company, Messrs. Hoadley, Ron and Stewart, Messrs. Dalgety and Company, Messrs. Williams and Kettle, Limited, and the Now Zealand Loan and Mercantile Agency Company.

H.B. Gisborne Tl. and Co. 5070 889 5959 li.T!. Farmers’ 5740 — 5740 Williams and Kettle 6093 406 6499 dePelichet, McLeod 2884 315 3189 Loan Company 2406 1782 4188 Murray. Roberts 2854 901 3755 Hoadley. Son and « Stewart 803 — 803 Totals 25,850 4293 30,133