WOOL SALES OPEN

Sun (Auckland), Volume II, Issue 513, 16 November 1928, Page 13

WOOL SALES OPEN

late Commercial

hogget clips in demand FRENCH AND ENGLISH BUYING Press Association. WELLINGTON, To-day. The first wool sale of the Dominion series opened in the Town Hall, before large benches of buyers. Owing to the somewhat wet weather, the catalogues were somewhat smaller than usual, 7,822 bales being offered as against 9,100 last year. Considering the present state of trade in the overseas consuming countries, the result came as rather a surprise, not only to brokers, but also to buyers, competition being keen in all grades. There was an exceptionally keen demand for hogget wools of preparing lengths, and also for hogget wool of 4$ to 50 quality suitable for the English trade. This was most strongly competed for, and at times noticeable French orders were in the market. American competition was lacking, no parcels of any weight being bought for the States. Medium crossbred of topmaking style sold well, the English trade buying by far the largest quantity. Competition for halfbreds can be reported as being fairly sound. The official range of prices for Merino tine halfbred super was from :ijd to 22 3d, with an average of 18id to 20Jd; medium halfbred, 19id to 20£d. average, 17id to 19Jd; inferior, Is*d to 16£d: extra fine crossbred super, I9d to 20d, average, 16d to 18*d; inferior, 14id to 15Jd. Corriedale, fine crossbred super, 17d to 19d, average, 19d to 21Jd; inferior, 13d to 14id; medium crossbred, super, Itiid to 18d; average, 14d to 16d; inferior, 12d to 13id; coarse crossbred super, 15d to 16d, average, 14d to laid; low crossbred super. 14d to 15id. average, 12d to t3Jd; hoggets, 48-50, 17d to 20d; fine, 16d to 18id ; medium, 15id to 17d. Bellies and pieces.—Merino, good to super, ISid to 17d; low to medium, 14Jd to 16$d; crossbred, good to super, 13d to !4*d; low to medium, 10£d to 13d. Cmtchings.—Medium to good, lid to 13d: inferior and seedy, 6id to 9*d. Locks.—Crossbred, 6*d to Bid. SOUTHERN EXCHANGES TO-DAY’S SALES Press Association Wellington.—Reported sale: Bank of *ew Zealand, 61s 6d. Dunedin. —Sale on Change: Okarito Sd prem. Christchurch. —On 'Change: Christchurch Gas, 26s 2d; Electrolytic Zinc ipref.), S 5« 2d (2 parcels); Mnhakipawa, Li 4d, Is 3d (9 parcels); X.Z. Refrigerates (10s paid), 9s 6d (2 parcels). Reported; Staples Brewery, 42s 3d; Okarito Us 6d paid), 2s 3d. N.Z. PRODUCE RATES REPORTS FROM LONDON From its London house, Dalgety and Company, Ltd., has received the following cable: Butter: The market is steady at present prices. New Zealand, finest salted, 175 s to 17Ss; Danish, 196 s to 198 s; Australian, hnest unsalted, ISOs to 184 s; Australian, finest salted, to 1725; Australian G.A.Q-, 160 s 1645. Cheese: The market is quiet. Aew Zealand white, 106 sto 108 s; -New Zealand coloured, 104 s to 105 s; Canadian, white and coloured, 106 s to juOs; Canadian, c.i.f , 100 sto 104 s; Canadian, white and coloured, excephonal. 114 s. ihe total imports of butter into the Kingdom last month were 41 3.000 tons. Tho Amalgamated Dairies. Ltd., c«n ri bavin S received the following d ‘ ® S° m their London manager, November 15: Butter: Anchor, s-J** finish, 1955. The ma.rket is a good demand. Cheese: tnarket is steady. an< * Company, Ltd., has e< * l^ le * following cable from c n iT 4 rien * en t and Sufis, Ltd., LonSalted, 174 s to 178 s; unThe market is firm. Th* ' ,'’’bite: 107 s; coloured, 104 s. * market Is steady. fm? De to a re P° rt to Dalgety’s, Chiii»* *t. n meat market is unchanged. be^ f is bringing a farthing to C h a * Tallow prices are nominally V*’ there is a downbom* Dalgety’s London Hovpiy,K 11 Bel * wool on November 22. 'ember 29 and December 4 . I ONDON on NEW ZEALAND i>j. J ra^ 4IH and N.Z. Press Association) Th 10 * 50 am * LONI) ON, Thursday. Australian and New k° ndav lsa £. s announce that from Will be in. ,lng rates on New Zealand *nd mail p * r oent - discount on drafts transfers, and 5s on cable hi]i s *oni« ,lg ra, tes for documentary rr nT a! Zealand will be 30s per Gd <»i*ht): 41s 3d. 30 days; w ‘0 days, 65s 9d, 90 days.

TRIBUTE TO SCOTT WREATH FROM BYRD EXPEDITION Press Association. WELLINGTON, To-dav. rr is the intention of Commander r. E. Byrd to place a \ajreath at the foot of the Scott Memorial in Christchurch, as a tribute from himself and members of his Antarctic expedition.