THE WOOL SEASON

Hawke's Bay Tribune, Volume XVII, 18 November 1927, Page 5

THE WOOL SEASON

FIRST NAPIER SALE A BIG BENCH OF BUYERS KEEN COMPETITION ... GOOD PRICES Napier presented a busy scene to-day when a large number of farmers forgathered for the first wool sale of the 19271928 Napier season. The sale took place in the Municipal Theatre, when some 70 buyers, representative of Bradford, France, the United States of America, Australia, Japan, Germany and local mills and scourers occupied the benches. Messrs. Murray, Roberts and Co., Ltd., opened the sale at 9 am. with an offering of 2255 bales, 305 of which were sold on behalf of Messrs. Hoadley, Son and Stewart, Ltd. Bidding was brisk from the outset and it was evident that growers and merchants alike were satisfied. Very few lots tailed to sell under the hammer; in fact, reserves in many instances were exceeded by id to 2d per lb.

Though it is difficult to compare the local wool with those offered at Wellington owing to the large amount of fine crossbred and fine threequarter bred wool which goes there, it is safe to say that Napier’s sales maintain the recent Wellington figures, and probably show an advance. HOGGET WOOL IN DEMAND. Fine bright sound hogget wool was in particularly good demand, prices ranging from 19d to 22). Necks and first pieces also were in very keen demand, the former fetching as high as 21jd. RANGE OF PRICES. The following is the range of prices covering the first two or three catalogues sold to-day, compared with prices realised at the corresponding sale last year:— Coarse Halfbred—2od to 24Jd (12d to 15|d). Super crossbred hoggets—lBjd to 22) (13d to 14jd). Average crossbred hoggets—l7d to 18)d (12d- to 14d). Inferior crossbred—l4d to IGjd (9d to lid). Necks—l6d to 21Jd (lid to 14)d). Bellies—lo)d to 13)d (7d to lU)d). Locks—7d to 8d (s)d to 6)d). 1 Crutchings, 7d to 12)d ('d to 9)d). Lambs, first, 15d to 16)d, second 13)d to 13jd. BIG RISE IN SOUTHDOWN, Southdowns. 21 Id to 22)d. This represents a rise of from 4d to 5d per lb. on the opening sale of last season and a rise of 2d to 3d on the closing sales of 1926 and 1927. FRANCE ANI) GERMANY THE PRINCIPAL BUYERS. The bulk of bidding appears to com© from Frencn and German buyers, although America and Bradford could also be heard when attractive light wools wer© offered. Australian and local mills also secured a fair percentage of the broken wool, although France is very keen for pieces and necks. THE BEST PRICE SO FAR. The best prices secured at th© sale so far appeared to be 24)<1 for a line of nine bales of Poukawa halfbred A wool, the same brand bringing 21)d for its B halfbred. Te Apiti A hogget wool brought 22Jd and 20d for B quality. Kahuru A hogget realised 21)d and their pieces from this fleece sold at 17d to 17)d. Waikare Station received 22)d for their A hogget, 20) for B quality and 19d for first pieces. “The Brow” sold their neck wool at 21Jd and many other good figures were received for woo] of this class. Cotted woo] which was forttinatelv not in big supply, sold as high as 13d. BIDDING KEEN THROUGHOUT. Bidding throughout was very keen and competition appeared to be improving. The sale continued this afternoon, when Messrs Dalgety and Co. offered a further 2275 bales. It appears likely that the whole of the offerings of 14,141 bales will change hands under the hammer or immediately on the conclusion of the sale at figures which both farmers and merchants must consider satisfactory. BROKERS’ REPORTS. HOADLEY, SON AND STEWART, LTD. The first sale of the season opened to a full bench of buyers, all sections of the trad© being fully represented. Right from th© outset, competition was extremely keen and some very high prices were obtained. We sold a lin© of necks brand “J. 0. on account of Mr. J. D. Ormond, Wallingford, at the very satisfactory price of 21) this beinp the top price so far as the sale has progressed. France were very keen buyers oh all good lines of necks, pieces and bellies, and high prices for these wer© obtained right through. The condition of the clips this year are a striking contrast compared with the last two seasons, and speak well for a successful season for the farmers generally, A few of our best prices wereJO A hgt 191 d. pcs 161 d nks 21jd. J 1 ,8 . bgt 19d: Mangatahi hgt 19d : TW hgt 19d; GD het I9d; 19d ' EVAE A M 203 d. pcs P™’" A hgt 19)d : JBC Xbd ROK Xbd 17d: Jon Xbd 17d; CJ Xl ™ Ud: Fairfield, AW 171 d; IY®- AH co,iid Xl)d Idd . AA Wd; EW Xbd 16d: GBS Xbd 16d ;GCG. AA 18|d,

MURRAY, ROBERTS AND CO., LTD.

For the opening sale of the season we submitted a catalogue of 2.255 bales to a very full bench of buyers, Bradford. America, the Continent, and local mills and scourers all being; strongly represented. Competition from the outset was very keen, and prices may generally be said to have advanced 2d per lb., over the high est point reached Inst year, viz., in the March sale. Bradford buyers were on most of the wools, but, in the finer sorts especially, were generally outbid by the Continent. America and local mills were in the market for those wools that suited their re« urements and paid extreme pH 5. French buyers were particu-

larly active on necks, pieces and bellies ,and some exceptional figures were obtained on super 'lots. Local scourers were outbid on lots usually taken by them, and did not secure many lines. The wool generally, was in good condition, and opened up very nicely on the show floor. It was better grown, and obvious that the fleeces clipped a good deal heavier than last year. The hogget wool in many cases was a little tender.

Some of the hest prices realised by us- were:—WAL in circle, A hgt. 16Jd, A 15|d ; DL. S.D. 21d, A I6jjd; Rissington, B hgt 17),d B 16) Uahi, AAW 15d, EW 14)d; US over ESK, A A 18 Jd, S.D. 22d. A 173 d, Ist pcs. 15)d; Felix, hgt 19d, A 16)d, pcs. ]6d; DJB, hgt. 17)d, MGA. A hgt. 16d, B hgt. 16d ; VA. S.D. 221 d, A 17jd; AWC. hgt. 19d, AW 16|d; MB conjd., A hgt. 17)d, B I6)d Kerikeri. Hgt. 16<l: WH. hgt 16d; Motuotaria. Ist )-bred, 21)d, hgt 19d. i-bred 18)d, Xbd 18)d. necks 21 jd, pcs. i6)d: AE. hgt 16W ; S ov. V, hgt 17-M. W 16|d. E 16Jd; JJB, A hgt. 16)d; Motuweka, I6d: JAW. A hgt. 16); A in W, A hgt. 16)d ; Forest Home. A 161 d J in G hgt. 16)d; Terawini, Xbd 19d: WLN. A hgt. 16)d, T hgt. 16)d. AS. A 17d : JMcN., Xbd 16Jd ; Bunbar. hgt. 19d, AE, 16)d; MWB, hgt. 17) E 163 d: WJG, S.D. 201 d: FF, Xbd 16)d ; WNW, hgt. 16)d; Ka tuku, AA 20)d; X, AA 20)d; Waimoana, hgt. 19d ; WH under bar, hgt 19d ; HVH, hgt. 19d ; Omarunui, hgt. 19d; DK, hgt. 19d; Crossed Swords, hgt. 19d; H in circle, hgt. 17)d; Crownthorpe, hgt. 17|d; Patoka, hgt. 17)d; W 15)d; WRM, A A 18 Jd; H under Gable, AA 18jd; TB & S A 18)d; Pukehamoamoa. A 17d; JG in Diamond. AA 18)d; P ov. Bar, A ov N, A 17d; WIB, A hgt. 17d: JJB, A hgt. 17d; HAW, A 17d; ER ov Belmont, A 17d. Gisborne Wools: Rahui ov HY. A hgt. 17|d; CLM ov Vindex, B 16jd ; Tekoa, W 15d; —o— ov ER, A hgt lpld; Taoroa, A hgt, 18)d. AE 18|d, Nks. 17)d; Plain Diamond, A hgt. 19d, A 16jd. Ist Egt. pcs. 14)d; E in Diamond. A hgt, 19d. B hgt, 17d; G in Diamond, A hgt. 17)d, Ist pcs. 14d; H in Diamond. A hgt. 18)d, Ist hgt. pcs. 14|d; J in Diamond. A hgt. 18»d. Bls. 12Jd; MTBH, A hgt 17d ;t TV, A 15)d; EW, A hgt. 15)d. Ist pcs. 133 d: T ov A ov NZ, B hgt. 15)d, A 15|d; CHM, E 15)d.