WOOL SALES

Wanganui Chronicle, Volume 74, Issue 141, 17 June 1931, Page 9

WOOL SALES

LOWER BIDS AT WELLINGTON (Per Press Association. 1 WELLINGTON. June 16. Roughly 900 bales of fleece wool and 11 1200 bales uf crutchings were offered at a sale to-day. Buyers representing ' 'the United Kingdu/ and the Continent ' attended, but intei’st in the sale flagged from the, outset ana passings were 1 constant. In the first three catalogues 1 the best offer for fleece wool was 4LI and 3d for crutchings. At the last moment s*ld to 7:}d was bid for fleece, but did not meet the re--1 serve. ‘‘The sale is a farce,” was the description applied by a well-known wool authority. A considerable proportion <• the wool in the circumstances wks bought by local manufacturers. Murray, Roberts and Co. repor;: 1 The first of the winter wool sales was held to-day when a combined offering ’ of 2150 bales was made. Our catalogue was 605 bales. Competition from • a large bench of buyers was free and spirited. The offering comprised half fleece and half crutchings and pieces. ■ Some good crutchings were offered. • Our catalogue was keenly bid for. Japanese competition was not very evident. The range of prices was: Crossbred crutchings superior, 4Jd to s{d; cross- ’ bred crutchings, medium to good, 3|d : to 4id; crutchings, seedy and inferior, '■ Id to 3|d; crossbred pieces and bellies. ’ tc 3id. Wakaruu A crutchings ? brought 4 : |d; A McL./Otanga, A crutchings, Id; Te Horoa A crutchings, • 3|d; 8 and Sons, Parorangi, A crutch- , ings, 4d; A/Akitio, A crutchings, sd, ■ B crutchings 3Jd; DB/Akitio, A crutch. ing. s£d; DJDM/O crutchings, 4jd, B • crutchings 3 Ad; DJH/T crutchings, 4|d; Onawc crutchings 4{d; Beaulieu crutchings 4}d EES/Mahua crutchings -Hd. The New Zealand Barniers’ Co-op. Distributing Company Ltd., report; We held our first crutching sale of the seae son yesterday, when we submitted a catalogue of 275 bales of fleece crutchings and oddments to a good attendance of buyers. The decline in values 1 shown in the London May sales was reflected here, and the bulk of the 1 fleece wools offered failed to reach owners’ reserves. Crutching orders . were not so plentiful as in former 1 years but ’competition was keen for 1 these up to values which appear rela- - tively high as compared with fleece wool. • Our principal sales were: JH/Beau--1 mont. Southdown fleece. 9 Ad; rep Southdown fleece 9jd; lIS/S South- ' down fleece 9-Ad; JWS .Down cross 7|d; i various crossbred fleece, 6d; Co-op. - crossbred s|d, sd. and 4Ad; GP/K : crossbred fleece, s]d; ranch half-brort SLI: crossbred 4Zd. Co-op. pieces 3d to 4-]d. Bellies 2id to 3|d. Crutch1 ings: JD/Ngatawa 4|d; JS/S. 9, 4A4d; I various, 26 bales. 4}d: Waikaha 46; ' Wharepaku 4d; FW/B 4d; Pot,aka 46: Seafund 31(1: Poutatau 3A-6; AB/BKITD 3j|d; Ware-Rimn Lambs: Co-op. 4Jd; JH/Droxford 4|d: M and MS 4}6; dead, various, 3d to 46. Locks: Various I|d to 216.