WOOL SALES

Hokitika Guardian, 25 November 1931, Page 6

WOOL SALES

NEW ZEALAND SERIES

PROTEST AGAINST ALLOCATION

AUCKLAND, November 23

The Auckland woofbrokers are protesting to the Central Committee in' Wellington against, the limitation of 20,000 bales for the first sale of the season here on November 28, as 21,000 bales had already been catalogued before the limitation fixed on Friday was advised here. ■ '

At the first Auckland sale -last season 20,404 bales were offered.

CLIP IN GOOD ORDER. j

AUCKLAND, November 23

.The first sale, of the Dominion’s new wool clip is to be befd here on Satuida>y, November (2S, commencing at 9 a.m. During the last few weeks shearing conditions in the Auckland province have been ideal, and faimeis have got well on with the seasons programme. From what has come to hand it would appear thait the clip is in excellent condition, and will compare favourably with the standard of recent years. In addition to the new clip substantial quantities held over from last season, on account of unsatisfactory market conditions, are fikely to be offered. At the last sale in Auckland in March the prices realised an average of 6|d per lb. compared with 4d in February. A few years back Is 6cl a lb was a ■ ommon realisation. From these figures it will be seen that there is a very big margin for improvement if Auckland farmers are to get a reasonable return for their labours. SYDNEY WOOL SALES. ' PRICE AVERAGES 10d. SYDNEY November 24. At the woolsales to-day, the market was firm with good general competition, and slightly increased support from the United States of America. Greasy merino made 18Id. There were 10.531 bales offered and grupi were sold also 1,208 were disposed of privately. The average price of the wool sold vast week was £l2 15s 6d per bale, equal to TOd per pound.