WOOL SALES

Nelson Evening Mail, Volume LXIV, 15 January 1931, Page 9

WOOL SALES

OFFERINGS AT LONDON (United Pre.s Atßociation—By Electric Telegraph— right) LONDON, 13th January. New arrivals for the 1931 series of wool sales opening 20th January are as follow Australian 96,200 bales, New Zealand 17,800 bales, South Africa 2000 bales, South American 2100 bales; held over 66,000. It is expected that the offerings will amount to about 17u,UUU bales. Messrs Dalgety and Company report under dato Jjondon, 13th Januaiy The following vessels in which we are interested arrived in time for the sales on the 20th inst.: Mataroa, Zealandic, lainui, Mahana, Port Nicholson. The list of arrivals closed on the 12th mst. Quantity available: Australian 96,200 bales. New Zealand 17,800 bales, Cape 2000 bales, South American 2100 bales, cany forward 66,000 hales. Our selling dates are 22nd and 30tli inst., 4th and 10th February. Sales close 11th Februaiy. Brokers expect to offer 171,500 bales.

GOOD COMPETITION AT SYDNEY SYDNEY, 14th January. At the wool sales 10,556 bales were offered, of which 9,951 bales were sold; also 903 were disposed ot privately. There was good competition between Yorkshire, Japan, Germany, Italy and France. Values were very firm, occasionally 5 per cent, higher. Greasy merino made 16d. WITHHOLDING CLIPS (By Telegraph—Presß Association} AUCKLAND, 14th January. The second Auckland wool sale of the season will be opened next Saturday, when 17,282 bales will be offered, although the allocation is 25,000 bales. As there was a big carry-over from the first sale, and much shearing has been done since then, it- appears that many growers are still determined ta withhold their clip in the hope of better prices.