A FIRM MARKET

Sun (Auckland), Volume II, Issue 597, 25 February 1929, Page 12

A FIRM MARKET

Auckland Wool Sale

WELLINGTON PRICES RULE

THE second Auckland sale of 1928-29 wool-selling season finished shortly after noon to-day. The catalogue of 28,214 bales was a record one for the centre.

Although, as was expected, prices were well below those ruling at the first sale held here toward the end of November, the market was firm on levels established in Wellington last week. At times prices were even slightly better when the quality of the wool was taken into consideration.

The quality of the offering generally was not the best. In addition to there being a fair percentage of log-stained and seedy lots, buyers complained that the classing was well below standard, especially In regard to backcountry clips. The general quality of the offering was not up to that seen at most recent Southern sales. Fine wools were well in the minority and, as a result America, Japan, and even buyers for New Zealand mills, were less active than at the November fixture. Only twice was 20d

exceeded, once for a lot of Merino wool that was passed in at 2.1 d. and another time for a lot of 11 bales of super slipe lialf-bred wool, on ac-

count of the Farmers’ Freezing Company, which was passed in at 20id. There was a fairly large entry of lambs’ wool which found France a strong buyer. Bradford and Germany were the biggest buyers of the sale, the former, as usual, concentrating largely on the better grades of crossbreds. Germany took a big weight of the medium wools. Belgium also took an appreciable weight of the offering. Bidding opened on Saturday evening with a bench of approximately 75 buyers, and although they were not all operating, a wide range of buying points were represented throughout, and there was little irregularity in the market. At times passings were fairly common, especially toward the middle of the sale this morning, but this was largely the result of sellers placing limits well above brokers’ valuations. SOME OF THE TOP PRICES Brands securing top prices for the various descriptions of wool included the following: Waiti; ibred Merino, passed at 21 d. MIC over Maraetai: Merino ewes and wethers, lSid. Ruku: Lambs, IS^d. Ngaheia: Lambs," 19d. FK over Orere: 19d. Mangatangi: A C’dale, 18Jd. Rehia: X-bred Ewe A. lS*d. JTH over Temini: Lincoln, 13d. PB over Mairoa and Lincoln, 13d. LA and Coy over Waiheke: Superfine xbred 19d. OFFICIAL REVIEW The Auckland Wool Brokers’ Association reports that over 90- per cent, of the catalogue was sold under the hammer. Continental buyers were a very material factor in the sale, their purchases representing over 50 per cent, of the lots sold. “It was fortunate for growers that the Continent was operating so freely as the class of wool submitted was of the qualities they were chiefly interested in, the clips this year showing the effects of last year’s drought and the bush fires that followed, consequently very little super wool was offered. As usual at this sale there was a large proportion of lambs’ wool offered the bulk of which was carrying a fair percentage of seed. Any fine lines of lambs realised extremely satisfactory prices, coarse lambs not being so keenly competed for.’’ The catalogues in the order of sale were: Dalgety and Co., Ltd., and North Auckland Farmers’ Co-op., Ltd. in conjunction, 9,421 bales. Abraham and "Williams, Ltd., 4,097 bales. A. Buckland and Sons, Ltd., 2,015 bales. Farmers’ Co-op. Auct. Co., Ltd., 5,931 bales. N.Z. Loan and Mercantile Agency Co., Ltd., 6,750 bales. The following table gives the range of prices realised, with November, 1928, prices shown as a comparison:— Feb., 1929 Nov.. 192 S Merino Average Fine Halfbred— Super Average .... Inferior .... Med. Halfbred— Super Average ~ .. 16i to 172 IS to 19i Inferior .. .. 14 to 132 LONDON MEAT MARKET SMITHFIELD PRICES The New Zealand Meat Producers’ Board has received the following cablegram from its London office, dated February 22, advising Smithfield delivered prices averaged for the week ending that date as follow: New Zealand Wethers and Maidens.— Canterbury quality, selected brands, 561 b and under, 7d a lb; 571 b to 641 b, 6 3-Sd; 651 b to 721 b. 51d. Other brands, 561 b and under. 6id; 571 b to 641 b. 6 1-Sd; 651 b to 721 b. s£d. New Zealand Ewes.—64lb and under, 43d. New Zealand Lambs.—Canterbury quality (new season), 361 b and under, 92d; 371 b to 421 b, 9 5-Sd: 431 b to 501 b, 9id; seconds S 7-Sd. Selected brands (new season), 361 b and under, 9 5-Sd; 371 b to 421 b, Did. Other brands (new season), first quality. 361 b and under. 9 1-Sd; 371 b to 421 b, 9 l-8d: second quality, 301 b to 321 b average, Sgd. Australian Lambs.—Victorian. first quality. 361 b and under, BJd; 371 b to 421 b, S.^d. Argentine Lambs.—First quality, 361 b and under. 7 7-Sd; 371 b to 421 b. 7 3-Sd. New Zealand Beef.—Ox hinds sd; cow fores, 32d: hinds. 4id. Argentine Chilled Beef.—Ox fores, sd; hinds, 6id. New Zealand Frozen Pork.—Porkers, 601 b to 801 b. Sd: 811 b to 991 b. 7id; 1001 b to 1201 b, 7d. Baconers, 1211 b €o ISOlb, 7d. Lamb Market.—There is a steady demand, but prices have receded a little owing to heavier arrivals. Mutton Market. —Light-weight wethers remain steady! Heavy-weight wethers easier. Ewes nominal owing to small supplies available. Beef Market.—Firm. .New Zealand Porker Pigs.—Market remains firm at unaltered prices.

New Zealand Baconer Pigs.—Market quiet and. unchanged.

Crossbred . . 6 to 8i 7 to 9 Representative prices lor some of the best-known brands and hignest-pricod lots were:— JM over H: 4 of fine xbred, 17id; 4 of med xbred. 1-id. GR over Mercury Island: 9 of fine xbred, 16ld; 5 ox" line xbred hgt, laid. Aratitafia: 4 of xbred fine, 15d; 12 of xbred medium, 14ld; 11 oX xbred coarse, 13id. Glenfruin: 5 of xbred Lincoln, 13id. Kiwihau: 4 of fine xbred, 16d; 8 of med xbred, 14^d. IW over Riverslea: 4 of sup fine hgt, Pouerua: 10 of Ist xbred hgt, of A xbred, 15d. Thorne: 5 of xbred hgt fine, 16£d; 6 of fine xbred, 16id. Omahu: 8 of AA xbred hgt, 16ld; 3 of super AA, 16£d. Tarai: 13 of A xbred, 14id; € of A lambs, 15*d. Fordell: 10 of xbred hgt, 17£d; 14 of xbred W, laid; 5 of bels and pcs, 12d. Manono: 5 of Lincoln, 12id. LWK over Glencairn over NZ: 20 of fine xbred ewe, laid; 9 of xbred ngt, 15a. CM over FT: 6 of Southdown hgt, 16d. Tahora: 4 of fine xbred, 17d. Rotoiti: 6 of fine xbred, 14 Id; 12 of med xbred, 133 d. Mangatangi: 12 of A C'dale, ISid; 7 of B C’dale, 17&d. JA over O: 4 of fine xbred, 171 d. Rehia: 9 of A xbred ewe, 18£d; 5 of B xbred hgt, 17d; 4 of A lambs, 18id. Wharfdale over JJC over W: 14 of A xbred, 15id; 20 xbred D, 12id. Oldsbury over WJB over New Zealand: 15 of Ist xbred hgts, 17id; 12 of Ist ewe pcs, 122 d. Urupuka: 7 of fine xbred, 17d. Regent: 4 of lambs, 163 d. JFM over Ratanui: 6 bales of xbred hgt, 163 d; 4 of bellies and pieces, 10id. Kumi: 5 of xbred AA hgt, 17id; 5 of xbred A hgt, 17id; 5 of AA xbred, 14£d; 12 of A xbred, 14d; 8 of necks, ll^d. 9L: 6 of C’dale hgt, 16*d; 4 of C’dale, 16id; 7 of C’dale, lGjd. JL over FIN in circle: 6 of fine xbred hgt, 17Zd; 4 of lbs, 18d. Ruakura Farm: 4. of Southdown, 16.1 d; 4 of fine xbred ewe, 15id. Taniwha over RS: 6of 8A xbred, 16id; 10 of B xbred, 14id. Ruku: 6 of B sb hgt, 163 d; 17 of B xbred, 142 d; 3 of lambs, 182>d. Overton: 4 of B xbred, 17d; 4 of C xbred, 14Jd. CW over Pareheru: 4 of halfbred, ISid; 4 of lambs, 151 d. Poutu: 4 of lambs, lSd. FK over Orere: 6 of Jbred hgt, 16Qd; 12 of Ibred, 19d. Ngaheia: 5 of lambs, 19d. Waimai: 29 of xbred ewes, 15id: 9 of Ist lambs, 17d; 3 of 2nd lambs, 14d. Tapuwai: 6 of lambs, 17d. Utakura: 4 of lambs, 1 6?*d. RM over W: 4 of xbred hgt, 17d: 7 of A xbred, 153 d; 3 of sktd lambs, 16£d. ORA: 4 of super xbred ewe, 15id; 13 of st xbred ewe, 14id; 4 of Ist lambs, 17ia. Boyd: 5 of lambs, 15£d. JG Galatea: 10 of A hgt, 16£d; 17 A ewe, 16d; 4 of Ist lambs, 173 d; 4 of bells, lljd; 11 of st pee, 13id. Mangakara: 4 of fine A xbred, 16Jd; 10 of A xbred. 15d; 4 of bels and pcs, 92,d; 20 B xbred, 13£d. JJC over M: 5 of A xbred, 17id. Awaroa: 6 of xbred E, laid; G of med xbred, 14d. Glentui: 4 of xbred hgt, lGd; 9 of med xbred, 15id. ACH over P: 10 of lambs, 161 d. Beresford: 4 of lambs, 18id. Sedgeley: 3 of ibred, 17id; 5 of A xbred, 16id; 4 of lambs, 15id. Whiritoa: 27 of xbred hgt, 15d; 36 of xbred ewe, 14id; 4 of crutchings, B\d. FAP: 5 of xbred A, 16}d; 35 of xbred B, 14d; 5 of xbred, 13id; Merino wethers, 19d; 7 of ibred hgt, 19d. MK over Maraetai: 5 of ibred weth, 17id; 9 of Merino ewes and weth, ISid; 4 of Merino hgt, 162 d. W over C Bay: 7 of xbred, 17d. Beresford: 24 of A xbred, 15d; 8 of B xbred, 14d; 5 of xbred hgt, 173 d. Waihi: 1 lof ibred Merino, passed at 21 d; 8 of ibred Merino wethers, 19d; 7 of ibred hgt, 19d. Ashdale over heart: 6 of hgt, 17|d; 3 of super lambs, 171 d. GCP over W: 6 of ibred. 19id. Omata: 4 of xbred A hgt, 17jd; 20 of A xbred, 14id; 5 of xbred, 13Id. JP over O: 4 of xbred, 17id. JTFI over Temimi: 5 of xbred. loid; 24 of xbred, 141 d; 8 of Lincoln, 13d. Peria: 5 of Corriedale, 16d; 19 of xbred hgt. 14ld; 37 of xbred, 13d; 7 of bellies and pcs, Sd. Sign of Shield: 7 of fine xbred. 16d; 8 of xbred, 14d; 4 of xbred, 123 d; 4 of xbred, 12d. Wai over F* 4 of xbred hgt, 14d: 6 of xbred hgt, 15fd; 4 of xbred A, 16d. PB over Mairoa: 4of xbred, 153 d: 11 of A xbred, 14id; 10 of xbred B, 14-; 5 of Lincoln, 13d. F over inverted eyebrow: 6 of xbred 88, 14d; 4 of xbred A, 13id; 6 of xbred B. 13d. BH over P: 10 of fine xbred, 16id; 8 of xbred hgt, med, laid; 6 of xbred A ewe, 153 d; 10 of xbred fine B ewe. 143 d. HT over Galatea: 13 of A xbred hgt, 173 d; 34 of B xbred hgt. 15d; 31 of xbred A ewe, 16d; 124 of xbred ewe, 143 d; 44 of xbred C’dale ewe, 14d; 24 of A pcs, 14id, 7 of locks, 73d; 22 of bels, 12d. LA and Coy oYer Waiheke: 3 of superfine xbred, 19d; 5 of fine xbred hgt, 162 d; 6 of fine A xbred, 17d. Hako: 4 of xbred AA, 153 d; 5 of A xbred, 141-d. TB over R: 9 of Southdown ewes, 17d; 4 of Southdown hgt, 17d. GAJ over Pukehui: 7 of xbred hgt, 16d; 12 of AA Rom, lo^d. Orete: 11 of A xbred, 151 d: 24 of B xbred, 14jd; 11 of C xbred, lod; 19 of B xbred, ISJd. HT over Galatea: 20 of A lambs, 17£d; 16 of B lambs, 14 id. Waikura: 7 of A'hgt, 15ld: S of B hgt. 14*d; 17 of D hgt, 15£d: 5 of Ist lambs, lod; 9 of 2nd lambs, 14Id. Te Karaka: 4 of med xbred A, 15!d; 7 of A xbred, 14ld: 5 of B xbred, 153 d; 4 of A lambs, 16id. Mahoe under heart; 4 of fine xbred, laid: 8 of med xbred, 14£d; 10 of C xbred. 12.1 d. Hon: S of xbred hgt, 15jd. AEB over Whituare: 5 of xbred, 16d; 12 of xbred, 13id: 4 of xbred. 13!d. OE over Dunbar: 3 of super Suffolk, 16d: 5 of A xbred, 142-d. Tarai:’ 8 of A hgt, 163 d; 8 of B hgt, 143 d. F’. under eyebrow: 4 of Rom hgt R, 153 d; 7 of AA Rom, 17id; 9 of Rom A, laid. AEB over Whituaxe: 3 of xbred, 16d; 12 of xbred, 13id.

Coarse Halfbred— 17£ to ISi IS to If) Average .. .. 16 to 171 172 18 Inferior to 152 151 to 171 Fine Crossbred— Super 17 to 172 1 7 to 19 Average .. 151 to 162 15 171 Inferior . . 122 to 15 14 to 151 Medium Crossbred Super 15J to 161 161 to IS Average 14 to 15 14 to 16 Inferior 11 to 13 131 to 15 Coarse CrossbredSuper 142 to 15 34 to 152 Average . . . . 13 to 14 121 to 141 Inferior to 12 10i to 12 Low Crossbred—e Super 122 to 132131 to 143 Average . . . . lli to 121 Hi to 133 Inferior 1)2 to 11 30 to Hi Hoggets— Super 17 to 182 IS to 23 Fine 15 to 17 172 to 101 Medium 14 to 16 its* to IX* Coarse 13 to 15 14 to ibi Lambs — Fine 16 to 181 16 181 Medium .. .. 13 to 16 Seedy & Infer. 52 to li BELLIES AND PIECES. - Halfbred—Good to Super Low to Medium — 162 to 173 Crossbred — Good to Super ll i lo 331 131 to 151 Low to Med. to 11 11 to. 133 Crutchings— Med. to Good 3 0 to 121 111 to Infer. &. Seedy . to 1) S to 10 Locks—