COMMERCIAL.

Taranaki Daily News, 16 February 1926, Page 3

COMMERCIAL.

WANGANUI WOOL SALES. By Telegraph.—Press Association. Wanganui, Feb. 15. A dispute developed here quickly yesterday In regard to 12,000 bales, the allocation for the wool sale to-morrow. In response to a wire sent from Christchurch to Wanganui the Woolbrokers* Association buyers arrived here thinking that the allocation was 16,000 instead of 12,000, but discovered on arrival that the wire had been a mistake. The buyers met last evening and decided to inform th© Wool Allocation Committee that unless the allocation is increased to 16,000 bales they will not operate at "to-morrow’s sale, nor will they buy at succeeding sales in the Dominion. It is claimed that 12,000 bales is not a respectable day’s work and not enough to go round the buyers. There is no complaint against the woolbrokers here, but against the allocation committee. It is claimed that certain members of the committee have outlived their usefulness. The allocation committee is to meet in Wellington this afternoon, and the result of their deliberations is eagerly awaited. There is more (han twice the amount of wool allocated in store here. In connection with the wool trouble the Mayor of Wanganui and the chairman of the Harbour Board have telegraphed to the Premier, the Minister for Agriculture, and the Wool Committee strongly protesting against the continued limitation of the Wanganui catalogue.

CHRISTCHURCH SHARE MARKET. Christchurch, Feb. 15. Sales reported: Bank of N.Z., 57s 6d ; Westport Coal, 34s 3d (two parcels) ; Kawarau, 7s id.