WELLINGTON WOOL SALE

Timaru Herald, Volume CXXXVII, Issue 19667, 8 December 1933, Page 8

WELLINGTON WOOL SALE

EXCITED COMPETITION VALUES MAINTAINED By Telegraph—Press Association WELLINGTON. December 7. An average rise on last season'* prices of approximately 100 per cent, was seen at the first Wellington wool sale of the 1933-34 season held in the Town Hall to-day. The sale was easily the best held In Wellington for at least four years. Every wool consuming centre was represented at the sale, the bench of buyers being a very full one. Japanese competition was a potent factor in the sale, which was remarkable for spirited hidding. Competition throughout was very free and on the best lines unusually keen, many buyers obviously holding wide limits. The oflering was 30,000 bales of which approximately 95 per cent, was sold at auction. Keen public interest in the sale was evident from the unusually large gallery of spectators. Farmers were present in great force and followed the sale with evident gratification. The sale was a remarkable contrast to the opening auction at Wellington a year ago. The 1932 sale opened on a very low note, double figures being reached but seldom, 121 d being the top price. To-day’s prices were far more like those of the "good old days” and it was cheering to every - body in the hall when bidding frequently started at 12d and worked up to 14d or 15d. Double figures to-day were very plentiful. Halfbred of good average quality often sold up to 17Sd, and some super lots went to 2Hd. Southdown went to the high point of 23d, many lots ranging from 15id to 18id. Good super crossbred and hogget wools made up to 16d, and average crossbreds sold from 78d up to 121 d. Lambs’ wool was in short supply and made up to 13Sd. Bellies, pieces and locks sold at high prices, and crutchings in some cases sold at better prices than some good fleece wools a year ago.

The rise in prices is best indicated by a comparison of to-day’s prices and those of December. 1932. for representative clips, last year s prices in each case being shown in parentheses. One clip from Johnsonville, brand "Papanui,” handled every year by the same classer. sold as follows:—A hoggets 12ld <s3d), crossbred hogget llid (4Jd>, A F crossbred 14d (53d>. A medium crossbred lid 1 5d». A crossbred 9d (3id', crossbred Bid (3id' t pieces 9id (33d', bellies 7id (31d'.

Top price at the first Wellington sale last year was 121 d for nine bales of super Southdown. "JG." Parkvale, sold

by the well-known stud breeders, A. and J. Gray, Masterton. This was described as an “outstanding sale.” Today 11 bales of super Southdown from the same growers topped the market Romney offered by A. and J. Gray at 23d. Two good lines of super to-day made 13!d. A super line of Romney from Branscombe (Dr. C. P. Knight' topped the market at 16d as against Bid a year ago. The well-known Benopal merino clip from Marlborough sold well, the too lines bringing from 16id to 171 d, compared with Sid to 9d last December. Range of Prices. The ofllcial range of prices is shown in the following table, that for April, the last concluding sale of the 1932-33 season, being shown for purposes of comparison. April 3 Dec. 7. 1933 1933 d. d. d. d.

Merino— Average .. .. 71 to 84 16 to 181 Inferior .. .. 71 to 74 14| to 154 Fine hall bred 56 58— Extra super — 21 to 211 Super — 184 to204 Average .. .. 8 to 104 15 to 18i Inferior .. .. 7 to 71 12 to 144 Medium halfbred 50 56 Super — 164 to 184 Average .. .. 6i to 94 14 to 16 Inferior .. .. — 10 to 131 Extra fine crossbred 48 50 Super 8 to 94 134 to 164 Average .. .. 51 to 74 10 to 134 Inferior .. .. 31 to 5 8 to 94 Fine cro6bbred 46 48 Super 61 to 8 11 to 14 Average .. .. 4 to 61 9 to 104 Inferior .. .. 2 to 34 61 to 81 Medium crossbred 44 46 Super . .. .. 6 to 61 94 to 124 Average .. .. 31 to 54 8 to 94 Inferior .. .. 2 to 34 54 to 71 Coarse crossbred 40 44— Super 5 to 54 84 to 104 Average .. .. 34 to 44 64 to 8 Inferior .. .. n to 34 44 to 64 Low crossbred 36 40— Super 4 to 44 74 to 71 Averttge .. .. 24 to 34 64 to 7 Inferior .. .. — 6 to 61 Hoggets— 48 50 .... 4 j to 9 124 10 16 Fine 46 48 . . .. 4 to at 9 i to 14 Medium 44 46 . 3 to 7 9i to in Coarse 40 44 3 j to 44 10 to 10 Low 36 40 — 44 to 94 Lambs— Down 5 to 8J to 15 Fine 44 50 41 to 9 11 to 134 Medium 4n 44 . — 104 to 12 Seedy & inferior 2 to 5 74 to 11 Bellies and pieces— Merino good to super .. .. — 13 to 134 Low to medium 4 to 6 — Halfbred, good to super 12 to 154 Low to medium 3 to 54 104 toll! Crossbred good to super 31 to 54 72 to lli Low to medium 11 to 3! 5 to 74 Crutchtngs— Medium to good 21 to 4 54 to 7 Inferior seedy 4 to 24 34 to SI Locks— Merino — to 8| Halfbred to 24 6 to 7 Crossbred .. .. 1 to 2 3i to 6