COMMERCIAL ITEMS.

Hokitika Guardian, 28 March 1923, Page 3

COMMERCIAL ITEMS.

WELLINGTON WOOL SALES. IMPROVED PRICES. AUSTRALIAN AND N.Z. CABI.R ASSOCIATION. WELLINGTON, March 28. The N.Z. Loan and Men ail do i«pori-: -U U-c fifth Wcllingt n Sale which commenced on Monday evening and concluded on 'I ttesday id term.on about 2.8G3 bales were submitted and it is estimated about SO 1. was sold nndei' the lianitner. There was a fairly good bench of buyers of all sections of the trade with tlie exception of the Dominion woollen nulls neitig represented Auiei'i. an rejn c.-cii tat i ves "vie again in the market ;p'■ d there was giitel oompelitioii I I'uiii 11 io t p. tarter U r wools suitable for l nited States lequiremcnts. English and <-oiitinetita! buyers com; eted eagerly tor eoarsc md medium quality, and -Japan "as a btiyei leu (-riiteliings and l.mcolu wools. Iheie was a keen demand for lambs' woo! and iff! qualities were higher than the February s*!e l.v Id to 1-1 per lb. Coarse end medium crc-sbrcds met a good sale at >d lu Jd above F'ebruniy. N'ery little merino ves cffcted and "hat did come fir" "id wa* interior to the average quality, lor "Inch pines showed a slight decline on last sales. Hall breeds "ere poorly represented and no superior quality was on shew. The selertion comprised a considerable quantity cl rack country wool and seedy tlcace and lambs. W'' handled a number cf clipheld over for the past two season*. " ith satisfaetoiy results. Included in our catalogue "era several h'ts oi Most Coast (South Island) light conditioned, but cotted and wastv wool, which made from 12d to 12', d per lb. Another sale is to take place about the beginning of May. Wellington clips, reclassed F.v r*. met with a good reception and realised excellent prices.