POORER WOOL NEGLECTED

Taranaki Daily News, 20 February 1932, Page 7

POORER WOOL NEGLECTED

SECOND SALE AT WANGANUI

ONLY STYLISH FIRST-GRADE FIRM.

BULK OF OFFERING LOW QUALITY

SLIGHT DROP ON JANUARY SALE

By Telegraph.—Press Association.

Wanganui, Last Night. The bulk of the offering at to-night’s wool sale at Wanganui, the second or the season in this centre, comprised wools of low quality of 44/46 counts. A full bench of buyers operated, but stylish first-grade wools, Which were anything but prominent in the' catalogue, were the only sorts firm on late eales. Inferior classes were neglected. There was a great deal of seedy and inferior wool offered. This showed a drop of a half-penny on prices at the previous Wanganui sale. Low crossbred was down |d. to Id. and any low wools touched with seed were neglected at prices ranging from 3d. to 3jd. Good crossbred wool brought from 4d. to 4Jd. Orutchings found a poor eale.; Bellies and pieces were on a par. to Id. down compared with the January market here. There was a fair demand for lambs’ wool; good staple, but dingy, lots were 4d. lower. A review of the sale generally discloses that the quality of the wool was not of a standard to command respect under present conditions. Buyers, . particularly Bradford, operated on limits and filled their requirements from clips which showed quality. The Continent took the major share of the wools sold, Bradford —in the earlier part of the sale at least —showing more hesitation than usual. Japan was in the market to some extent and probably gave a fillip to competition for some of the coarser clips and crutchings. The sale commenced at 7 o’clock and it was intended to finish it to-night. The range of prices will not be available until to-morrow.

EIGHTPENCE FOR TUTUTAW A CLIP. AUCUMULATiION of poor wool. (By Wire—Special to News.) Wanganui, Last Night. The sale was concluded at a late hour, Newton King reports. The flale was erratic with competition on coarse and inferior wools very restricted. These can be quoted only at disappointing prices. Fine and light-conditioned grades were keenly sought and can be quoted lid. up on January rates. Seedy lambs and crutchings were hard of sale, and it seems hopeless to look for any rise in these. ■ . The top price in Newton Kings catalogue was obtained for a line of hoggets belonging to Mr. Arkwright, Tututawa, which realised Bd. Much of the offering was seedy and heavy-conditioned, and the . accumulation of these wools is becoming a serious matter and is acting: ’as a drag on the market. Several lots failed to attract a bid, and it seems useless to offer until conditions improve. ' '■ Following are some of the realisations: Rongomai, 7 bales A-A 7d., 9 bales EAA 7d., 10 bales EA sfd., 5 bales EB 4£d.; AA : —Aria, 9 bales E Sjd.; HO, 4 bales E 4d.; WL/T, 6 .bales E 4d.; FW/T, 5 bales E 3|d.; R and N/4, 12 bales E 4Jd.; OP/A, 10 bales E 4Jd.; Ohura, I'l bales E 6Jd.; A and A/Tututawa, 6 bales HA,A" Bd., 4 bales HA sfd., 4 bales HA 4|d, 5 bales HA sjd., 5 bales lambs 6|d.; AM, 8 bales E 3|d.; UX/Huia, 24 bales E 3>d.; EAS, 5 bales E 4d.; R, 4 bales H 5d., 8 bales E 4d.; JNB/A, 8 bales E 4id.;.P 101 20 bales H s|d., 44 bales E 4d.; AWT, 4 bales H 54d.; RJM, 8 bales E 4;}d.; Cohnworth, 7 bales E 4Jd.; TWM, 6 bales E 4Jd.; PMCG, 51 bales E ! 4Jd.; XNKX, »7 bales E 4d.; EC/T; 6’ bales E 4Jd.;- Mara, 4 bales E 4Jd.; Ngaumu, 5 bales E 4d.; GHC, 10 bales E 4d.; Eve, 5 bales H 4d.; Huia/O, 11 bales E 4Jd.; GM/W, 6 bales E 4d.; Tolme/Aria, 12 bales E 4d.; Waipapa, 7 bales H 4d.; Waipawa, 7 bales E ,3id.; OW/P, 4 bales E 4d.; GC/Oeo, 32 bales E 4d.; HLY, 16 bales E and H 4Jd.; Whitecliffs, 18 bales E 4Ad.; ZX, 9 bales E 4d.; Terata, 4 bales H 4jd., 5 bales E 4|d.; BS/T, 11 bales E sd.;z HFB, 6 bales E 4d.,- grouped lots, 46 bales H 5d., 58 bales E 4Jd., 15 bales H 4d., 20 bales lambs s|d., 12 bales lambs 6fd.

FARMERS’ CO-OP. REALISATIONS. FAIR. PROPORTION CLEARED. The Farmers’ Co-operative Organisation Society reports that the second Wanganui, wool sale of the: 1931-32 season was held last night before a fairly representative and full bench of buyers. Bradford was operating freely, and secur-, ed the largest portion of the offering. The F.C.O.S. catalogue comprised 1668 bales of which the firm was successful jn selling a fair proportion. Fine wools and lambs met with keen competition, there being a large margin of difference in values between these wools and the coarser and inferior (types. It was noticeable that the clips which had been carefully classed and skirted met with ■much more attention than those with everything in. Some of the F.C.O.S. realisations were: Miro, 15 bales ewes 4d; DIM., 8 A tops 3ld; D.M., 6 bellies and pieces 2fd; D.M., 4 lambs Bd, 5 lambs 7id; Q' & S/Oeo, 28 hoggets 4Jd, 15 ewes 3Jd; HM, 4 Romney hoggets 4Jd, 11 Romney ewes 4d, 5 Romney ewes 3|d; HHA, 8 ewes 4d; Arranmore, 25 H A 6d; CG/eyebrow, 8 wethers 4Jd,- 4 ewes 4Jd; Kai Whiti, 5 hoggets s|d, 6 ewes 5Jd; TT, 5 lambs 6|d; D 6, 34 crossbred A 4Jd; Various, 8 fine hoggets 6d; R.C.W., 12 ewes 4d; WGH, 13 wethers and ewes 4RI; W.H.S., 7 crossbred 3Jd; S.S.T., 4 Corriedale 7fd; AA/W, 4 lambs 4id; Miromu, 7 ewes 4d; Organise, 6 SD 7id; Organise, 4 SD X sd, 4 fine hoggets Bd, 5 medium hoggets 5Jd, 5 medium crossbred AA 4fd, o coarse crossbred. AA 4d, 8 coarse crossbred A 3#d, 7'medium crossbred SS 3|d; YYY, 9' ewes 41d; A.J.D./Whaka, 4 wethers 6 ewes 3Jd; J.C./O, 13 wethers 4d; W.W.W., 24 ewes 4Jd; A.B. D, 5 lambs 6-}d; S. BT, 5 lambs 5Jd.