WOOL MARKET

Wairarapa Daily Times, 13 April 1935, Page 6

WOOL MARKET

WELLINGTON SALES. IMPROVEMENT IN PRICES. WELLINGTON, Friday. A strong finish to an unsatisfactory season was made at the fifth and final wool sale at Wellington to-day. Many buyers appeared to have elastic limits, and at times there was a perfect drumfire of bidding. The offering was a small one of 9000 bales, compared with 16,000 for the corresponding sale last year. The bulk of the catalogues comprised largely top-making crossbreds. There was a fully representative bench of buyers. French interests were the main driving force. Bradford operated extensively. Prices generally were at the highest point of the 1934-35 season.

Compared with the March sale at Wellington, prices showed the following advances: —Extra fine crossbreds, Id to 13 d; fine, medium and coarse, §d to Id; low, 3d; hoggets, Id; bellies and pieces, Id to lAd; crutchings, par to id; locks, id. The following is the official range of prices, compared with that for the March sale in parentheses:— Merino: Average, 93d to 103 d (9d to 9-Id); inferior to 8d (7d to 8d). "Fine halfbred, 56/58: Average, 9-id to 10 Ad (8d to 9jd); inferior, 7d to B:}d (7d to 7fd). Medium halfbred, 50/56: Average, 73d to 9?d (7fd to 93d); inferior, 6d to 7Ad (53d to 7Ad). Extra fine crossbred, 48/50: Average, 53d to 7d (Old to 7Ad); inferior, 6jd (4Ad). Fine crossbred, 46/48: Super, Bpi to 83d (7d to 8Id); average, 61d to 8d (53d to 63d); inferior, 43d to 6)d (4d to 5Ad). Medium crossbred, 44/46: Super, 7d to 73d (6id to 7-id); average, 53d to 63d (5d to 6d); inferior, 4d to 5Ad (33d to 43d). Coarse crossbred, 40/44: Average, 5Ad to 61d (41d to s ld). Low crossbred, 36/40: Average, 41d to 5Ad (4d to 43d). Hoggets, 48/50: 61d to lOd (old to 9d); fine, 44/48, 6Jd to 83d (51 d to 8d). , Lambs: Down, 50/56, 61d to 83d (Old to Hid); fine, 44/40, 6jd to Sd (old to 9d); seedy and inferior, 4d to Od (21d to 51d). Bellies and pieces: Merino, low to medium, 51d to 6d (53d to Old); halfbred, good to super, to Bid (to 63d); low to medium, 43d to Old (3d to 53d); crossbred, good to super, 21d to 4ld (33d to 6d); low to medium, 21d to 41d (21d to 4d). Crutchings: Medium to good, 41d to Old (4jd to Old); inferior and seedy, 2d to 4!d ((2d to 4d). Locks: Crossbred, 2ld to 3Ad(2Ad to 3 i d). —(P.A.)

BROKERS’ REPORTS. Messrs .Levin and Co., Ltd., report:— Our catalogue totalled 1075 bales. -The wool was largely crossbred of topmaking character. The quantity of halfbred was negligible. Since the sale on 21st March the sales elsewhere in the Dominion have shown a strong tone. This seems to have followed the announcement of conscription in Germany, lengthened service term in France, and the general international unsettlement which lias ensued.. There is an old proverb about an ill-wind. Whilst noting the probable causes, it could have been wished that the. demand had risen entirely from ordinary trade improvement. Bidding was brisk, and buyers apparently had clastic limits. Bradford was bidding freely, but France was securing the larger proportion of the offering. Dominion mills were silent. The following advances are recorded against March sale:— Merino and halfbreds, not sufficient to quote; extra fine crossbreds, 48/50, Id to Ijd up; fine and medium crossbreds, 44/48, Id up;, coarse crossbred, 40/44, Ad to 3d up; low crossbreds, 36/40, Ad up; hoggets, Id up; lambs, par; crossbred bellies and pieces, 3d to lAd up; crutchings, par; locks, |d up. The season closes at the highest point for the series. We sold 86 per cent, under the hammer. The following Wairarapa clips wero sold by us: —P-O.D: 811 73d. Maire/XX: B 63d. Maungawhare: AE 7Ad. Glenlean: Bis and pcs 5Ad. MCL: Line 4Ad. Mt. Clyde: AE 73 d, BE 6Ad, bis and pcs sd, ATI 7Ad, II 7d, xbd 6Ad. Ngaputahi: Aid 7Ad. Mahaki: CE 6d, pcs s:}d. Riverside: Pcs sd. MJM/ Hamenga: AIT 9d, 811 7]d, AW 73d, AE 73d, BW 7d, BE 7d, CE 5Ad, nks 7d, pcs 5Ad, bis 5Jd, A lbs 7d, erts 5Ad. The N.Z. Loan and Mercantile Agency Co., Ltd., report: —The following are our Wairarapa realisations: —Sedd-cl-Balir: Ist fine BAd, A xb 73d, B xb 6Ad. Brownhill: Crts 5Ad. Whatarangi/Mas/ K: A xb Bd, B xb 63d, Cxb 63d. Whatarangi/Mas: Ist xb 63d, 2nd xb s[d, All 7d, BIT 63d, Ist II 73d, 2nd IT 6Ad, Axb 7)d, Bxb 63d, C xb's3d, LX 5 [d, cots 53d, nks 5Ad, nks and seedy 5Ad, Ist pcs 53d, bis 43d, Iks 33d, crts sd, seedy II 5Ad. Mironui: Sdn IOAd, Axb IT 73d, A xb 7Ad, B xb 7d. Mironui/ T: Sdn lOd, B xb 6Ad. EW: Xb E 5Ad. Deepdene: A IT Bd. Kakapo: IT pt. E 6}d, fine xb 7d, xb 53d, lbs 7d. M&S/ Waikuku: A xb 6Ad, B xb sd, pcs 4d. Longvalc: AE 73d, BE 63d, bis and pcs sd. ERS: Fine IT Bd, CH 73d, fine W 7Ad, CW 63d, fine E 7Ad, bis sd, lbs 6Ad." .TC: AII 7Ad, 811 6.3 d, Axb 7Ad, B xb 63d, xb 6Ad. ET/M: Rom E 6Ad, xb E 5Ad. Waireka: AIT 83d, AE 73d. Glcndower: AA xb 83d, A xb Bd, B xb 7d, Cxb 63d, cots s id, pcs 53d, bis and pcs 4Ad, crts 53d, IT flAd, Ist xb 73d, 2nd xb 6Ad. AM/K: A xb Bd. DB/Beaufort: B xb 63d, xb 5Ad. Messrs Wright, Stephenson and Co., Ltd., report: —Some of our Wairarapa realisations were: —Purakau: Sdn ltd, R xbd 63d, B xbd 6:}d, xbd 6d to 53d. Waimana: Sdn lid, Abd. IOAd, hgt. 7d, AE 63d, BE 73d, CE 7d, B and P 43d. TR: Sdn 9 ; }d, xbd 7d, lbs 53d. GT/P: Xbd 6Ad. BRM: Xbd 53d, pcs 4Ad. Montrose: B and P 43d.

Messrs Murray, Roberts and Co., Ltd., report: —Some of our sales were: Glenathol/7C: Xbd AAE 7jd, xbd AE Gjd, Ist pcs s:]d. EBG/Nircaha: Xbd 7ld, xbd E Gjd, lbs Bd, bis 4jd, ctgs sid. (G): Fn xbd AATI 8 }d, Fn xbd AAE Bd, xbd AE 7d, xbd BE Gld, Ist pcs Grid, bis 4jd. FIIP: Xbd hgt 7d, xbd E Gjd. 1.11. and S.: Sup Fn xbd A All Bd, sup Fn xbd AAE 7d, Fn xbd AE Gjd. Stonmcr: Fn xbd A 7jd, xbd B Gjd, Fn xbd AA and ligt B{ d. CBL: Xbd IT Bkl, xbd E 7jd, xbd E Gjd, ctgs did. 7C/Tawn: Fn xbd II 7d. Benabio: Fn xbd AE Bd, xbd BE 7jd, xbd CE G.ld, xlid Gjd, pcs sd. Inlet: Xbd Sd, B Fn xbd A Bid, Fn xbd B Gjd, xbd B Gjd. DEA: Xbd Gjd.

The New Zealand Farmers’ Co-opera-tive [Distributing Co., Lid., report:- — The following were Wairarapa realisations:- —TA/Echobank: Fine E 7d. Otaliuao: Xbd Gjd. Tinni: Fine lbs Bjd. JCM: ATT Ojd. BIT Bjd, A A Od, A 7”d. BB 7jd, Ti.7d, C Gjd, cots Gd, IT pcs Gjd,

pcs 6d, bis sd. CB/Ngaturi: Fine IT 83d, II 7d, xbd 6jd. F/Pukunui: Med A 73d, nks fid, Iks 3|d, A pcs 53d, lbs ctgs 33d, fine A 73d, bis sd, ctgs 5Ad, pcs 4Ad. RF/Waiarya: Fine 7Ad, med 63d, Line. 63d, xbd 63d, cots 5Ad, nks 6d, bis sd, pcs sd. MH/P: A 6Ad. RFM/MY: AAW Bjd, AE 73d, BBE 7d, BE 7d, CCE 63d, CE 63d, cots 5Ad, nks 7d, Ist pcs 6jd, bis 53d, Line. 63d, med. A 7d, ctgs 6jd, Iks 3Ad, pcs 4Ad, ctgs sd. M/ITaurangi: Bis 53d. Matakitaki: C 6Ad, bis & pcs 4Ad. GM/Greenfields: Dn 93d, BH 7d, AE 73d, BE 63d, CE 7d, Cots sjd, pcs 5Ad, bis sd. DXL: Pcs sd. WPM: W 6Ad, E fid. Ivoiwai: E 63d, ctgs 5Ad. BNP": Cots 5Ad. CBS: E 63d. AWATEA: AE 7Ad, BE 7d, Ist pcs 5Ad, Ist lbs 83d. JGW: Bis and pcs 4Ad. Flatspur: BE 63d, CE 63d. W/To Punga: IT BAd, AE 9Ad, BE 7Ad, xbd 63d, cots 5Ad, bis sd, ctgs 63d, nks fid. CO-OP: Dll 9Ad, fine 73d, med. 63d, xbd 6Ad, cots 5Ad, xbd sd, pcs sd, bis sd, ctgs sd, lbs 43d, lbs 63d, f-bred BAd, Line. 63d, A dead 5Ad, Dn. bis and pcs fid, blk. sd, dead 4d, B Dn. 93 d, lbs 63d, med. xbd 63d, fine A 73d, ctgs skl, fine lbs 83d, Iks 3-kl, pcs 4Ad, ctgs 4Ad. Messrs Dalgety and Co., Ltd., report: —The following are our Wairarapa realisations:— DS: A crts 53d, 2nd crts 4Ad. YRL: E 53d. TEPUITI: Ist Rom AAIT 93d, 2nd Rom BBIT 9d, AAE 7Ad, AE 63d, BBE 7d, BE 63d, xbd 53d, Ist pcs sd, bis 43d. K/Tikitapu: Sup F xbd IT 9Ad, sup. F xbd E 93d, Ist med. xbd E 6Ad, sup. xbd E 6Ad, nks 7d, bis 53d. lIS/Ngawaka: AA xbd 63d, A xbd 6d, B xbd 53d, Ist pcs 53d. AWHEA: AAE BAd, A xbd 73d, B xbd 63d, C xbd 6d, D xbd 53d, AAIT lOd, AIT BAd, BIT 7Ad, CH 7d. Fernside: A Rom E Bd, B Rom E 73 d, AF xbd E 73d, B xbd E 7d, xbd 6Ad, C xbd 5Ad, xbd 53d, xbd sd, AIT. lOd, BIT 83d. CE/Fcrnside: B xbd E 7Ad. JG/ Parkvalc: Sup EH 9d, pcs 6d, bis sd. Waterfalls: AE 7d, AE 7d. Ehuma: Bis and pcs 53d. Springroek: Xbd E 5Ad. Longridge/HP: A A FE 9d, AFE Bd, BFE 7d, IT 93d, Ist pcs 63d, nlcs 7Ad, bis sd, ctgs 6d. M/Fernlea: AFIT 83d, A xbd IT 7d, B xbd E 6Ad, C xbd E 6d, pcs 53d, bis 4Ad. Ehuma: AE 7d, BE 6jd. Glensevcrn: IT 7Ad. Limehurst: E 63d. 48/Lowlands: Nks and pcs 4Ad.