WOOL VERY LIGHT.

Star (Christchurch), Volume LXIV, Issue 936, 5 December 1933, Page 7

WOOL VERY LIGHT.

Catalogues Close With Full Entry. BUYERS ARRIVE FRIDAY. More than the full allocation of 25,000 bales for the first wool sale of the Christchurch season is now in the Christchurch stores. The catalogues closed at midnight last night, and the sale will commence in the Caledonian llall at 9 a.m. next Tuesday. It is expected that the entry of 25,000 bales, worth £375.000 on the basis of values at the Auckland sale, will have changed hands bv 5 p.m. on the same day. The wool is now opened up, but not pulled out to the extent that it will be after the buyer? arrive on Frday morning. From Friday until Monday evening the. buyers will be busy m valuing the lots for auction, and m setting their limits according to the quality of the individual lots. Good Half-bred Lots. The wool is almost entirely from the plains and low hill country, and is undoubtedly lighter than has been the case for many years, stated Mr C. lloldsworth, president of the Canterburv Woolbrokers’ Association, who is in charge of the wool department of the New Zealand Farmers’ Co-operative Association, Ltd. He added that the back-country clips, which would not come on to the market until early next year, owing to the later shearing, would not suffer at all in weight, and would be in better condition than for a long time. The dry winter and the drought in the spring, however, had made the plains w’ool lighter and more dusty than usual. There was, fortunately, plenty of quality about it, and some of the half-bred hogget lines were particularly good. Taken all round, it wa« likely that the plains sheep had shorn about lib lighter in the fleece. The average weight of the bales would be slight!v under 3001 b. as against the usual weight cf about 3201 b, representing some fifty fleeces. Small Lots Favoured. “ There are not a great number of extra super lots, but there are several extremely nice lots that should bring 23d or 24d per lb,” stated Mr Holdsworth. “ Only in a few cases do the lots exceed twenty-five bales, for brokers in Canterbury do not favour offering anything up to 150 bales in one lot. as in the North Island.” Asked whether farmers would have preference in the matter of seating accommodation in the gallery of the Caledonian Hall during th sale, Mr lloldsworth said that no differentiation could be made at a public auction. It; was a case of “ first come, first seated.” There xva? bound to be a large crowd at the opening of the sale, and farmers who arrived late would have difficulty in obtaining seats for the first few hours.