COMMERCIAL ITEMS

Hokitika Guardian, 22 February 1924, Page 1

COMMERCIAL ITEMS

AVELUNOTON WOOL SALKS. LOAN AXU MERCANTILE COYS It KTOItT (By Telegraph.— Special to Guardian). WELLINGTON. Feb. 21. The N.Z. Loan and Mercantile .-rgeuey s. Company report that the -ith. Wellington wool sale of the season opened on Tuesday evening. Catalogues totalling LI,o(K) bales were stib-

mitled and approximately 95 per cent, ol the ottering was sold under the hammer at prices which can he looked upon as representing the peak of the present selling season. Jslivers were

in lull attendance and operated on liehall of Bradford, Continental. American and Australian houses. The local mills were .-it-n represented, but the demand on I heir account was nut so niueli in e.iiLnee as at the previous

sales, ’the selection of wool was well up t« the average, hut a noticeable feature was the ahsenee of seed, this largely resulting in the high level of values. Competition was general and values were equal to, if not better than those established at other North Island centres. Bradford were keen purchasers and Continental buyers competed strongly for short stapled wools. -V u-1 rnl is.i purchased the hulk

sc Southdown and half-bred ineritu was i;i very good, demand, tin Ifbreds. which were in small supply, ruled at tin- hi geest level of the sea-

son. Romney and low quality wools met with exceptionally strong competition and prices realised show a slight advance oil the values established at the Napier sales. Pieces of oddments met with very good competition, cruteliings being in exceedingly 1 ecu demand and showed an advance on i lie last sale oi 3d to Id per lb. I,limbs’ wool was not of such good quality, and last sale rates were barely maintained. We had a- very saiislaelorv sale, ill-posing of 11.-, per cent, of I |,e eat login's. Clips classed by Us in si ore on owners’ account were largely inmpeted for by buyers and realised some very high averages. A very pleasing feature of the sale was the

strong, and general competition lor our binned wools, ol which we ollerod alHiut. 900 hales. ceac wgsr?*i*wr^x-«!gggEng3Bggw

You use a lot of Vinegar. Hot S’! A R LAND'S for purity, flavour and strength. Brewed from pure eaue sugn r.