WOOL MARKETS

Wanganui Chronicle, Volume 79, Issue 69, 23 March 1935, Page 15

WOOL MARKETS

THE WELLINGTON SALE The New Zealand Farmers’ Co-op. Distributing Co., Ltd., report on th« Wellington sale as follows:—The fourth sale of the 1934-35 season was held on Thursday, when a catalogue of approximately 21,000 bales was offered (oi which we contributed 4007), to a fully representative bench of buyers. Our catalogue was a good Bradford selection with the exception of a few outstanding clips, notably BMcL/Totaranui, Hare, Lockwood, WGP and R in Circle. The market at to-day’s sale was generally very animated and showed considerable briskness so far as bidding was concerned. The prices realised can 150 considered very satisfactory from the growers’ point of view as recent reports of sales in London, compared with to-day’s realisations, must be quoted as decidedly in sellers’ favour here. Bradford was again the largest operator whose chief competitors were France and Russia, their competition being responsible for sustaining prices and making the sale a much better one than was anticipated over the last fewdays. America, Canada and Japan were in the market for wools suitable for their requirements, Germany buying very little. Hoggets showing quality and style were .in good demand and can be quoted up to Id dearer than last Wellington sale, while other sorts were firm. Ewes and wethers, particularly those showing style and quality, can be quoted at id to Id dearer. Lambs' wool was very erratic nd the competition for this class of wool was very limited, the local mills taking the best lines at prices from id cheaper than last sle, whilst fulty lines, those off colour nd showing seed were difficult of sale and fair proportion of these were passed in and can be quoted generally at id to lid cheaper. Pieces came in for some very good competition, good bulky lines showing quality being from id dearer and were taken by the Continent and the local mills, whilst average lines were very firm, very few lots failing to reach valuations. Bellies were in good demand, the bulk of which went to the Continent and local scourers and were firm on last sale. Good average and best erutchings were in good demand and as compared with ffeece, realised very satisfactory prices, as high as 6d being paid for super lots. Good average lines can be quoted at 4£d to inferior lots at Sid to 4id per pound- Our principal realisations were as follows: WGP: AE 7id, BE 7d, CE 6d, first pieces 4|d. CMC: H 7d, E s'Jd. LONE: AH 9d, AE Bd, necks bid, A pieces 7d, A lambs B|d. Kotuku: Super hoggets 8 id, fine hoggets 7id, AAH 7£d, AH Gid, hoggets 6d, fine AE Bd, super medium crossbred 7d, A medium crossbred Gid, A crossbred s|d, BE sd, hogget pieces 51d, pieces 6|d, bellies 4id, A lambs Bd. T3S: E 6d. Rin Circle. Fine E 7£d, medium E 7d, first pieces sid. DK/Wairere: Hoggets 7d, AE 6|d, BE 6{d, CE sd; pieces 4jd, bellies 4d. Lockwood: Super lambs Hid. Bellevue/REB: A 7d, B s|d. BMcL/ Totaranui: AAH Bid, AAE Bd, AE 7id, A piecss sid, AA lambs 9d. Pipipi: AAH 7id, AH 7d, AAE 7d, pieces_sd, first lambs 7d. Lockwood; AAE 7i<-l, AE Gid, A cots. 4£d. Fairleigh/JJT: AAH 7id, AAE 7id, AE 6d. LGH/ Mingiroa: AE 7d, BE s|d. HCD: Three-quarterbred 7id, AA crossbred 6id. Jli/Longview: Rom. H 7|d. Hare: AAH Bjd, AH 7‘ld, AAE 7Jd, AE 7£d, BE 6jd, CE s|d, DE 4Jd, bellies 4d. Rom. lambs Bd, erutchings sid. Murray, Roberts and Co., Ltd., report: The fourth of ths Wellington series of wool sales took place on Thursday, combined catalogues totalling some 22,000 bales, being submitted to a full attendance of buyers; our catalogue consisting of 3001 bales — mainly average top making wools, with a few hues of better-class crossbreds in evidence. Competition was very keen and fairly well spread, more especially on wools showing fine quality demand, and for such wools the prices realised were fully up to last month’s level, with average crossbreds showing occasionally a decline of a farthing. Pieces and bellies were about a halfpenny lower than February and lambs' wool was decidedly irregular, with values up to a penny lower, more especially in the better grade lambs. Bradford bought consistently and Continental buyers were bidding well on all lots suitable, France being active for the best lines of skirtings, finest crossbreds and halfbreds. Amongst our binned wools under “Pipitea” brand we offered some nice lots, which came under the keenest competition, one lot c-f super Down bringing 124 d. We sold under the hammer 87 per cent, of our catalogue; the prices realised for some of the lots being quoted below:—Manaroa: Fine crossbred AA 7£d, crossbred A 64, crossbred B s|; BS/Rawhiti: Fine crossbred AE 7|d, crossbred BE bjd, CE s£d. C N H: Sup-er halfbred AAAH Bd, fine crossbred AAH 7id. Gore: Fine crossbred AH Bd, crossbred BH 6|d, fine crossbred AE 7d, crossbred BE 6d. JP/Tarata: Fine crossbred AH B£d, crossbred BH 6jd, fine crossbred AW 62d, crossbred BW ssd. JP/Te Whiti: Fine crossbred AW crossbred BW 6d, crossbred BE 6d, crossbred CW 54ci, crossbred D 54. Hikawera: Fine crossbred 7d, medium crossbred 54d. Avoca: Fine crossbred AA Bd, crossbred EA Gd. Taraketi: Superfine crossbred AAE 7d, fine crossbred AE crossbred BE 6d. DR.D-overton: Rom. H 7d, Romney E Ashdene: Fine crossbred H 7|d, crossbred E GJd. TePuru: Fine crossbred AA 74d, fine crossbred A 7d. Maru: Fine crossbred AH 7d, crossbred BH 6d, fin-e crossbred AE s{d. A D3P: Fine crossbred AH 7d, crossbred BH Gid, fine crossbred AE 7|d, crossbred BE s|d. E D D: Fine crossbred AW Gjd, fine crossbred AEH 74d, crossbred BW 5Jd, crossbred OWE 54d. Makokcmiko/MK: Fine crossbred AE 6Jd. R S T: Superfine crossbred AAH Bd, superfine crossbred AAE 6id, fine crossbred AE HB/The Pines: Corr. A lOd. AMcL/Otanga: Crossbred H 7}d, crossbred AE 6sd. Ti-Kouka: Fine crossbred AH 7d, fine crossbred AEW 7id, crossbred BW 6d, crossbred BE 6|d, crossbred CE 5Jd, lambs AA 7Jd, first pieces s|d. Birchhill: Fine crossbred AE 6Jd. Waitai: Fine crossbred hogget 6|d. CAM: Crossbred H 6}d. W’/JJW: Fine crossbred H BJd, fine crossbred E 6{d. Waituna: Fine crossbred H 7jd, fine crossbred E Gid. HT/Pikihuia: Fine crossbred AE Gjd. Kinnoull: Fine crossbred AH 6|d, fine crossbred BH 6d, fine crossbred AA 6d. Ligar: Fine crossbred AH 7d. AW: Half bred 7£d. ROA: Fine crossbred AA 7sd, fine crossbred A 6|d, crossbred B 51. d. Waimapu: Halfbred AA 9id, fine crossbred AH BJd, fine crossbred AE 7jd, crossbred BH 6jd. Anaru/