BOUND THE TABLE.

Putaruru Press, Volume VI, Issue 225, 23 February 1928, Page 6

BOUND THE TABLE.

Light fat bullocks soLd. at £S and heavy weights at £9 5s at the recent

Gisborne sale. Sydney wool sales closed firm, with prices showing a hardening tendency and a strong demand for crossbreds. It was apparent at the recent Feilding ram fair that buyers had every confidence m the wool situation and with but few exceptions vendors met the market. Prices were well above . those obtained for flock rams at the ; last fair aad the quality was better al- & though there were, entries which failed to attract interest even at a guinea and were passed. The stud sheep were' a particularly attractive lot and interest in the sales very keen. The top price was obtained by Mr A. L. Wheeler, of Marton, for a stud ram ot the well known Burford strain which was knocked down to Mr F. England, of Bewa, for 97 gns. The second, highest price was also obtained by Mr j Wheeler for a similar bred sheep which was purchased by Mr H. Stew- j art, of Waiata, for 65 gns. Mr A. : Robottom, of Otane, obtained the next price, 60 gns, for a stud ram which Mr R. Collier, of Marton, purchased. The highest price for flock rams was shared by Messrs. F. Gorton, of Feilding, and T. E. Graine, of Kiwitea, single offerings on account of both realising 13 gns. each. The present shortage of wool in the principal European centres and the knowledge that there is going to be less wool for 1928 than there has been in 1927, has created a situation which is forcing values up to an inconveniently high level (says the Textile Argus, Bradford). The ample demonstration of the strength of raw material position has undoubtedly contri-1 buted to the expansion of business experienced during recent weeks. Machinery activity has improved in most centres of the West Biding an the outlook is better without being buoyant, but at is not difficult to detect a feeling of uneasiness with regard to the present price level. Most firms are keeping their operations as nearly as possible within the safety line. Spinners are busier as a result of a distinct improvement in the demand tor most qualities during the past three or four weeks, but they have had to fio-ht hard to make an advance, especially in botany sorts, even though it may be long overdue and inadequate, having regard to the movement m tops. Nevertheless it is encouraging to find more business about, and that users at Home and abroad are taking up deliveries in a manner which suggests that the yarns are wanted to meet current requirements.