“THE FINEST EVER.”

Star (Christchurch), Volume LXIV, Issue 931, 29 November 1933, Page 7

“THE FINEST EVER.”

Wool Broker’s Impressions of Auckland Sale. Impressions gained at the wool sale held in Auckland on Monday were given by Mr C. Holdsworth, chairman of the Christchurch Wool Brokers’ Association, this morning. “ The clip produced in Auckland was the finest ever put before a buying bench, and both quality and style of getrup were excellent. The season was a good one and the wool came forward very well.” Mr Holdsworth said that there was more wool approaching the three-quar-ter-bred type than had previously been produced. The sale had opened with an extra strong demand, and for the first three catalogues the price had been maintained, but after that there was a definite easing. The easing was brought about through the strongest buyers gradually filling their requirements, with the natural result that the prices eased when they were satisfied. The prices were considerably higher than expected by both growers and brokers, and the sale was an excellent one. Dealing with the top-priced wool, which went for 255-d, Mr Holdsworth said that the wool was extraordinarily beautiful. It was 58-60’s in quality, very light, clean, free from dust and fault. The sheep from which this wool was taken did not give more than 4Ub per head, and notwithstanding the fact that the price was a very high one, the net return would not be as great as from the majority of the heavier-cut-ting Canterbury Corriedales. However, he thought it better than anything Canterbury could produce. The buyer of the wool had stated that he was prepared to pay an extra high price to secure it. * Canterbury could not expect the price received for the best of the northern clip unless the market moved further. and this might or might not eventuate. The strongest buyers were Japan and Bradford, with a little support from local buyers for the principal clips. Continental buyers were very quiet. Local Sale Prospects. Dealing with the Christchurch sale to be held on December 12, Mr Holdsworth expressed the opinion that the sale would be a very good one. Some of the finer wools would bring in a better return than had been received in recent years. Next to the few fine Corriedale clips, the best selling wools at Auckland were of 50 s quality, of which there was a good proportion. “ The trend of the market to-day is for fine, short, carding wools, and anything showing any signs of quality would receive full support from all sections of the trade,” Mr Holdsworth concluded.