WELLINGTON WOOL SALE.

Shannon News, 2 March 1926, Page 2

WELLINGTON WOOL SALE.

ADDITIONAL. REPORTS. MURRAY, ROBERTS AND CO. LTD. WELLINGTON, Last Night. Messrs Murray, Roberts and CO. Ltd. repcrc:— The fourth woo\ sale of the season took place to-day with a large attendance of buyers. Twenty-five thousand bales were offered and our quota was 3036, mostly crossbred. We offered a fair quantity of good Romney lambs' wools not up to the standard of earlier offerings, seed and tenderness again being evident. Competition was very keen, Bradford buying freely, and the Continent bidding for suitable lots of fleelee, pieces and bellies. France, as usual, was principal buyer of lambs, local mills and Bradford for medium lambs. We topped the market for Corriodale at 18id. Compared with January there was no great change. Average Crossbred was firm, in sellers! favour from ??d to Jd advance. At times lambs' was about par, pieces and bellies a halfpenny higher. Some of our sales are as follows: Motukawa over T.W., crossbred, A E 12d; IA. H. lHd to 12d; B, E. .121:1; Alva, crossbred, A. E. 12d; H, 12d; H. 12id; C. B. H. crossbred, A and A. A. lljd; B, lid; C. 101 d; B. McL. over Totaranui, Romney E.A.A. 15Id; EA. 12"3d; H.A. 12id; super Romney, lambs, 14Jd; A. 13ld; Makokomiko over M.K., fine crossbred, H,A.. ll|d; F.E.W.A. 12 Jd; Laurieston, super crossbred AA.H. 145 d; A.A. 14d; A.H. 13d; A, 13d; B.H. 12£d; B .131; lambs, 13id; Gleniffer, lambs A 14Jd; B 13d, l'Sid; Pipipi, crossbred, fine A.E. 13id; E.B. 12|d; E.C. 12Jd; lambs, A.:A. 14Jd; A. llld; R.G.D. over the Glyn, Romney E.A. 12d; H, 12d; Mills and Mills, over Brightlands, Corriedale A.A. 181 d; A. 16Sd; B, 15|d; Pipitea, crossbred, A.A. 14d;_ A. 12gd; Corriedale, A. 143c1; crossbred B. 12d; Wakarua, super threequarterbred, E.A. 13 i d; E.B. ,12Jd; B.W. 12ld; B.H. 13|d; fine crossbred, E.C. 12d; lambs jA. 132 d; Rewa Rewa fine crossbred, A.A. and A. 14§d; fine crossbred, l2d; B. rams, 12d; rams A. 142 d; 8., 121 d; Bushlands over 11. R, three-quarter, E.A. 13d; fine threequarterbred E.A., 14d; three-quarter-bred 8.E., ,12d; crossbred, A.E. 1.12 d; Southdown lambs, A, 15£d; G.V.S. over W iii diamond, over Totaras, super crossbred, A.A.E. 15id; F.|A.E. 131 d; B.E. 121 d; C.E. Hid; super necks, 121 d; Wellington crossbred fine A.A. 13d; A. 12d; B. 13|d; halfbred, A. 15d; lambs A. .ltd; E.P./ Weraroa. Rylands EA. I41d; crossbred E.A. 12 id.

NEW ZEALAND LOAN AND MER- ■ CA'NTILE AGENCY CO. i The New Zealand Loan and Mercantile Agency Co. report:— At our fourth sale of the present selling- season we submitted a catalogue comprising* some 2250 bales and succeeded in disposing of over 95 per cent, at auction. Buyers were in full attendance and competition was keen and animated throughout the sale, at prices from par to id dearer than last sale's rates, with the exception of superior style wools, which were oi an easier basis, America not operating- to the same extent. A numbei of suitable wools were offered for this section, but it was evident that one or two buyers operating- on their behalf were in receipt of reducer! limits. Nevertheless the sale was very satisfactory and values are a shade dearer than the level of prices established at recent, sales. The selection of wool submitted Was not so good as . previous catalogues. Many clips were of medium condition and showed tenderness of staple. Seed was also ir> evidence. : Recent cables from overseas manufacturing centres indicate a much better tone, with increasing confidence in the position of present-day values. Inall sections of the textile industry there is a feeling that trade generally will show a steady improvement during the present year. Stability in prices is one of the most vital factors influencing trade, and if wool can be stabilised at to-day's level there is every reason to expect a considerable expansion in the demand, which will result in wider competition. In our opinion superior style wools ruled from par to Id easier,, average and inferior par to Id dearer, pieces and oddments par to Id dearer. Lambs of good quality and style were well up to late rates, but short ar.d inferior slightly easier. Very keen competition was experienced for binned wools and it was evident by prices obtained that growers of smaller clips ar e handsomely rewarded by disposing of their wool in this manner. Larger lots are made, the wool being more | evenly graded, and consequently they ( meet with the maximum amount of } competition and sell at. full market j rates. - J

Our top price of the sale was 21Jd, which was secured for inerino clip Y in circle/Hawkesbury, grown in the Marlborough district. Halfbreds sold to ldld, AH/CB. Southland, 16d, NZL/88, Romneys THG/Tawatala 15Jd, iCCC/Mlkimiki 15}d, DS/ Burnside 15Jd, FJR. 14Jd and Lincoln Perry Bros./Teoreor e lid. DHG/ lid. Other sales were:—Merino: Manuka Island 15$d. 17*d; B and P, 12d; Y/Hawkesbury, 21}d. 19d, lSd, 175 d, 16d f 15|d, pieces 12!Jd, 14d, bellies 12?.d, locks, 9Jd. PTalrbred: C in diamond ISJd; The Downs, 113 d, lH!{d to 14id; AH over 08, .Corrledales: RTL over CB, 15id Tiki, 13 Jd; Roughill over TO, IS Id, 14|d, Three-quarterbred, Mana, 12|d; NZ

L over DD, 13*d, TB, 15&d; EDC over Temuna, 12Id, 132 d. Pine crossbred: Seafund, 12d, lOld; CI-IW over M, 123 d; HTK, 12d; CN/K, 12d: I Percy Bros, over Bowlands, 13IS; | DUG over K, 12Jd; TW, 13Id; Tuipo, 1M; GM over A, 13Id; H and S Downs, 13|d; Larchbank, I2d, 13d, 143 d; THG over Tawataia, 13Id to 15Jd; DR over Wairangi, ll|d; JS over Tunapo. 12±d; CEC, Hid, 12Sd; NB/K, 13d; Taumata, 12Jd; CCC over Mikimiki, 141 d to 15Jd; Terau over D, 12Jd, HH lljd, 69 112 d to I 12?.d; KDJ over Waka, 12 id; JW over L 12id; FJR,, 14Jd; Kohekohe, I15d; Ngatoka, 12*d; 12Jd; DS over Burnside, 13 2d. Medium crossbred: AWB over T, ll?d, FE over W, Hid, Seafund, lOld; T, and HE, lljd; : HTKi 12d; Whatarangi, 115 d, 12ld; WWW, Hd.: SS. 12£d; HTP over B, 12d, J.A.B ever K, lOgd, Hid; Percy Bros, over Bowlands, 11 |d; Percy Bros, over Teoreore, lid, 12d, 12|d; TW, 13d; AHM, 11 id; Greenhills over* THG 12d, 122 d; Kiwi, Larchbank, 12d; GBR, 112 d, Tawatawa, 12Jd; D R over Wairangi, lljd; WS over Tunapo, 12d; CEO, Hid, 12Jd; MB over K, 12d; Terau over D, 12d, 121 d; JW over D, 113 d; BW over L, 11 id, lljd; FJR, Kohekohe, 112 d; DM,, 12d, 12Jd; Matawhero 112 d. Coarse crossbred, Seafund, lOd; Percy Bros, over , Bowlands, 11 Jd; Percy Bros, over Teoreore, lid; DHG over K, lid; Greenhills, lljd; Larchbank. lid; CEC, HSd; Tumata. lid; AMT/OTAMAO, H ?.d; Greenfields, Hid, DM lid, lljd. Lambs : THG /Tawataia, 14 Id; Highland over Home, Percy Bros. over Bowlands, lljd, 12d; AV/Pori ltd; JW/L. 12Id; NZL over UU, 132 d; NZL/U, Hid.