WOOL MARKET

Wairarapa Times-Age, 24 March 1939, Page 6

WOOL MARKET

WELLINGTON SALE PRICES WELL MAINTAINED. STRONG DEMAND FOR COARSE GRADES.

(By Telegraph—Press Association.) WELLINGTON, This Day. At the fourth Wellington wool sale of the 1938-39 season, held in the Town Hall yesterday, recent price-levels were well maintained. Though it was reported that because of the recent European unrest a number of Continental buyers in the last few days had had their orders cut in half, it was ■noticeable that most of the wool went to Bradford and the Continent, as in previous sales. Japanese and American bidding was restrained. Coarse wools were in strong demand. Prices were quite satisfactory for average and good wools. Few lots were passed over, mostly merino and halfbred types. Prices for crossbred fleece wools were much the same as at the February sale; halfbred showed a slight advance. There was a large bench of buyers. Bidding was brisk throughout the sale and the six catalogues, comprising 24,323 bales, were all sold or passed over before the luncheon adjournment. In all 24.323 bales of wool, making up six brokers’ catalogues, were submitted to the buyers yesterday. The

wool came mostly from the Wairarapa, Manawatu and Rangitikei districts. Little Hawke’s Bay. wool was included, but there was a small proportion of halfbred and merino clips from Marlborough and Nelson. Because of the bad weather in the spring and early summer, a good deal of discoloration was noticeable in the clips offered. This was also the case in previous sales this year, but did not unduly depreciate the prices realised. There was a full and comprehensive bench of buyers, France and Germany, Japan and America being represented as well as the United Kingdom and New Zealand and Australian firms. Many of the back-benchers, however, took little active part in the bidding, leaving competition to a number of main buyers. Bidding was for the most part fast and noisy, with strong competition for certain of the coarser clips. Throughout the morning buying continued keen and well maintained. Few lots were passed over in the later catalogues, the total passings being 1338 bales, or slightly less than five per cent of the offering. This figure was approximately the same as at the February sale. The total quantity of Wool offered fell short of the previous sale by only 1700 bales. There was no top grade merino or fine halfbred wool placed before the buyers and little medium halfbred. Average merino fetched to ll|d, as previously. Average medium halfbred, at IOJd to UJd, showed a rise of jd. Crossbred showed a similar rise. Coarse crossbred types fetched up to 131d,va slight rise on previous sales. Hoggets and lambs brought much the same prices as before. Prices were regarded as satisfactory, considering the quality of the wool offered and the uneasy condition of the overseas market, The following is the official list showing the range of prices at yesterday’s sale, issued by the Wellington Wool Brokers’ Association. For purposes of comparison, the range of prices for the preceding Wellington sale, held of February 15, is also given: Feb. 15. Mar. 23.’

BROKERS’ REPORTS DALGETY & CO., LTD. Messrs Dalgety and Co., Ltdreport the following Wairarapa sales:— J.A.C.: E 9|d. Kaingatahi: E 9Jd. MJM/Laudle: Xb 103 d. PC/Riverside: E 9Jd. PMC/Te One One: E 9jd. AEV/F: R 9|d. Marapua: AH lOld, AE 9|d, BE 9.]d. Clifton Grove: AH 103 d, BH IOJd, AA E lOld, AE 93d, BE 9Jd, DE 9J, xb 9',d, nks 9.’,d, Ist pcs B’,d, bls 7.]d. JWN: E 9|d. AC/Stoneycreek: AAH lid. AAE 10|d. AE lOd, BE 9.,d DE 9.|d, xb 9.1, Ist lbs lid, nd lbs Bd. nks 9.|d, Ist pcs BJd, bls 7Ad. Strathmore/WGP: Xb 91d, AsW/K: E 9d. Tawai: E 9,id. Te Hau: H 10d' AE 93d, BE 9|d, pcs B>d. Nirvana: AE lOjd. BE 9|d, bls 7,jd. Stonestead: H lOd, W 9.|d, AE 93d, bls and pcs 6.|d. Eastry: Nks 9jd, Ist pcs 73d, bls 7.',d. Tablelands: BE 9|d. AHI: Dn xb 93d, AH 93d, coarse xb E 93d, xb 9d, Ist lbs 10|d, Ist pcs B,|d, bls 7d. Ist crts 8.3 d, Iks 43d. V/Moiki: A 9Jd, B 9’d. C3/Rongomai: A xb H lOd, B xb H 93d, A xb W 10d, A xb E 103 d, B xb

W 9?d, B xb E 9£d, A lbs 9Jd, A pcs B,' ; d, bls 7ld. Branscombe: BH lOd, BE 93d., AA lbs lOd. AR/Pukenui: Med xb E 9£d. WR: Sd. lOd. EMR: E 9td. HSN: E 93d. WRIGHT STEPHENSON & CO. Messrs Wright Stephenson and Co., Ltd., report as follows on the binned wool sold under “Challenge” brand: — AAF xbd 12jd, AF xbd C 103 d, AF xbd 103 d, A xbd pre lL]d, AC xbd lid, 93d, A xbd cdg 9§d, A xbd IOJd, lOd, 9Jd, AM xbd pre 10« d, AM xbd cdg IOJd, AM xbd lOd, BBM xbd 9Jd, BM xbd C 9d, BM xbd BJd, M xbd 9d, 83d, BJd, BBC xbd lOgd, BC xbd 9fd, BB xbd 91-d, B xbd cdg 9d, B xbd 8?d, BF xbd 9?d,F xbd lOd, 93d, 9d, 83d, xbd crse lOd, 9Jd, xbd 93d, 93-d, 9.’d, BJd, A |bd 113 d. Jbd 103 d, B 3bd 103 d, B 3bd 93d, BF cdg lOd. AAFH ILjd, AFH lljd, lid, 103 d, AMH 103 d, lOd. A xbd H 103 d, BFH 93-d, 9jd, BMH 93d, 9d, 83d, FH 9d, H 93d. AA Sdn IOJd, A Sdn 93d, B Sdn 9Jd, Sdn 93d, A Line 10,3 d, A lbs 103 d, lOd, AA’lbs lOd, B lbs 73d, lbs 83d, 7jd, AA erts 9d, A erts 9d Bd, erts BJd, 6d, B erts 53d, A pcs B.',d, B pcs 6d, pes 73d, A 3bd bls and pcs Bd, A bls and dcs 73d, 73d, bls and pcs 73d, 63d. A bls 7-3 d, Ist nks 93d, 8.3 d, A cead 9d, B dead Bd.

FARMERS’ CO-OP. DISTRIBUTING CO.

The New Zealand Farmers’ Co-oper-ative Distributing Company Ltd., report as follow:—Our local sales were as follow:- -

B & T/Glentui: B 103-d, C CC 93d, bls 73d, Ist lbs 113 d, nks 9;|d, xbd pcs Bd, Iks 53d, 2nd lbs 7d. Totara: H 103-d. E 93-d, etgs Bd. Hazeldene: E 93d, FH 103-d, bls 7-3 d. AJB/T: FH 103 d. YD: ME 93d. LAD/Hinau: H 93d. Oakendale: H 103 d, W 9?d, E 93d. Hohere/ JHD: H iDd, E 83d, Iks 41-d. JF/C: Sdn 103 d. VZaikou: H FE lOd, ME lOd, CE 133 d. pcs 73d, bls 73d, SS lbs 73d. RJG/M4: FE 93d. CE 9Jd, bls 73d. EG/ M: E lOd, FH 103 d. AH/R: Jbd 93d, xbd 9.}d. Hillview/Pah: E 93d, etgs Bd. HEM/Rathkeale: FE 103 d, ME 93d, BE 9>d, CE lOd, xbd 9Jd, bls & pcs 73d, 3bd 16? d. MD/Bagshot: AAH 103 d, AH IOJd, AAE 113 d, AE 133 d, DE 93d, nks 93d, bls 9d, Ist pcs 73d, Ist lbs lid, Jbd 163 d, cots 93d, 2nd pcs 6d, Iks 51d, dead 9d, FE 93d, MH 103 d, ME 93d, 2nd lbs 7d. GM/Greenfield: AH lid, FE 103 d, ME 93d, CE 13Jd, xbd 9d, cots 9d, Sdn 103 d, bls 73d, Iks 53d. R/Onetea: AE 93d, xbd 9-3 d, bls 73d. RMK: E 93d, bls 73d, FH 103 d. MK: Jbd 103 d, MH 103 d. N/Brookdale: BE 103 d, nks 9Jd, bls 73d, cots 93d, ME 93d, nks & pcs 73d. AHP: AE (sktd) 93d, F pcs 83d, bls 73d, cots 93d, Fibs 103 d, F lbs 9Jd, SS lbs 73d. Q: Xbd E 93d, MH 103 d. Ngahue: E lOd. xbd pcs Bd, bls 73d. GR/PP: H 93d. E 9.3 d, F pcs 83-d. CLR: E 93d, bls & dcs 7d. GJS/Bellevue: Xbd E 93d, xbd 9.'id, bls 73d. WCT/: AH lljd, BH JOd, AE lOd, BE lOd, CE 13]d, pcs Bd, bls 7d, A lbs lljd, Iks 53d, 2nd lbs 7d, nks Ojd. Matai: E 93d, cots 93d, bls 73d, Iks 43d- Killcare: E 93d, ME 93d. SFS: E 93d, bls 73-d, MH 103 d, F lbs IOJd. Puketiri: Sdn 103 d, AH lOd, BH 93d. AE 93d, BE 93d, pcs 83d, bls 7d, Ist lbs 9.}d. Jbd 103 d, F pcs 83d, cots 93d, Iks 43d, dead 9d. xbd 93d, nks & pcs 73d, 2nd lbs 7d . W/Te Punga: FH 10? d, FE lOd. ME 93d, cots 9:’ r d, etgs 83d. Co-Op.: A Sdn 93d, B Sdn Bd, A 3bd H lid, B Jbd H lid, Jbd E 103 d, BF xbd H 103 d, AFE HRd, BFE 93d, AF card 10>d F xbd 93d, AF xbd 93d, M xbd H 10’,d, M xbd H IOJd, AME lOd, BME 93d, AM card* 93d. med xbd 9Jd, med xbd 93d, xbd 9Jd. A stg E 133 d, B stg E lOd, F cots 93d, cse cots 93d, B cots 9,’d, A nks 93d, nks 9Jd, AF pcs BJd, A xbd pcs Bd, A pcs 7jd. A pcs 73d, 2nd pcs 6ad, A bls 73d, bls 7d. bls 63d, A Iks 53d. B Iks 4.’,d. A etgs 9d, etgs 83d. 2nd etgs 63d, AF lbs 93d, 2nd lbs 73d, A dead 9’id, B dead Bd, Jbd bls & pcs 63d, FH lid, F xbd 93d, stg xbd IOJd, Line 113 d, xbd Bd, blk B]d, nks & pcs 73d, F lbs 73d, sdy lbs 63d, dead 7*d, std pcs 43d, dags Jd, Jbd 93d, etgs BJd, etgs 63d.

MURRAY ROBERTS & CO LTD Messrs Murray, Roberts and Co Ltd report: Some of our realisations are as follow: Te Horoa, AAH lOd, AH 91d. BH 9|d, AAE lid, AE 10’, BE lOd, CE lOd. CCE 9d, lbs A A 113 d. lbs A 83d, nks 9Jd, Ist pcs H B.|d, Ist pcs E Bd, bls 7'd. Iks 4.’,d; Makatoe: AAE 10jd, AE lOd, BE 93d, A lbs lOld, Ist pcs BJd: Denaby: H lOd, E 9|d: WJJW in square: E 9id; C/Maungaraupi: AH lOd. H 9|d, AAE 93d. AE 9|d, BE 9.1 d, BBE 9',d" CE 9d, E 9d, lbs A 93d, bls 7d - Wharenui: BH 9,'d. AE lOd, BE 9|d, lbs A J Old, bls 7d; HPC: lbs A 103 d, lbs B B|d; THL/O’Wairua: |-bd AA lid, l-bd A lid. 3-bd AA 9’d, 3-bd A 9d, Rom AA lOd, Rom A 9Jd, l-bd nks lOd, 3-bd nks 9d, l-bd pcs 83d, 3-bd pcs 7.3 d, |-bd bls 7|d, 3-bd bls 63d: Waituna: E 93; Te Mahora: lbs A lOd; S & Sons/Parorangi: A lbs 93d, B lbs Bjd; Rangitawa: AE 93d, BE 9’,d, CE 9.1 d, cse E llld; Bitterley: AE 93d, BE 9jd, CE 93d: HTE/Te Ata: AH lid, BH 93d, AE 103 d, BE 93d, lbs 93d, nks 83d; IST: E 9.|d: JO/L W 10|d, BE 10.|d, Ist pcs 7Ad, bls 7d; Crosshills: BH lOld, AE BE 10.|d, CE 93d; Mascot: H 10|d, AE 93d, BE 9Jd. pcs 8d; Riverbend: AAE 9.jd; MT/Te Kopi: AH 93d. H 93d. AE 9.|d. CE 9d. E 9d: Birchhill: AE lOd, BE 9.3 d, CE 9.| d, DE 91, d, pcs Bd, bls 7'id- A/Akitio: AAH 10.3 d. AH 10.ld, BH 10.',d, AW lOd. BW 93d. EW llld, AE ]o’,d, BE 12jd. EE 103 d, AA lbs 10,]d. A lb’s lOd. II nks 9.|d. E nks 91d, pcs H 83d, pcs E 8 : |d; B/Akitio: AAH 'lid, AH

IOJd, BH lOd, AW lOjd, BW lOd, EW 9.3 d, AE 93d. BE 9.3 d, EE 9Jd, AA lbs lOld. A lbs 9d, H nks 9.|d, E nks 9.’,d, pcs H 81d. pcs E Bjd; Ti-Kouka: AAE llld. BE lOjd, CE 12d, E 91d, AA lbs 113 d. lbs 83d, pcs B.|d, bls 7d; Glenfalloch: H 93d, AE 9Jd; G: AAE lOjd, AE 93d, pcs B,|d; JFH: BE lOd, CE 14|d, DE 9.1 d, lbs 93d; WR/TF: AH lOd, AE 9Jd. BE 8.3 d, CE 9d; circled S/Ware Ware: AH lOld, BH lOjd, AE 101,d, BE lOd, Ist lbs lljd, 2nd lbs BJd, nks 9.’,d, pcs H B.|d, pcs E 81d, bls 7; PHN: AE 9’d. BE 93d; Hikawera: H 10.3 d, Fn E 93d, med E 9.3 d; Rangimaire: BE 9,|d; Roughhill: Fn E 9.3 d, med E 9.',d, pcs 8d; DY: E lOd; WR: Corr 10.’,d; Tomtit: Xbd 9d; RNM; AE 9.3 d, BE 9,‘d; PT/Kohiku: AH 10|d. BH lOjd, H lOd, Fn E lOd, AE 9,3 d. BE 9|d, Ce 10.|d; circled G: E 9Jd; Woodlands/DMK: H lOjd, W 91d, AE 9’,d, BE 9’,d. bls 7d; HT/Pikihuia: AE 9£d, BE 9.|d; HT/Ngawi: AH 9ld, BH 9jd, AE 9d, BE 9d; HT/The Coast: BE 83d, DE B|d; JH/Seavicw: AH lOjd, BH lOd, AAE 9ld, AE Old, BE 9.|d; Waitai: AH 9Jd, BH B’d, H Bd, AAE 10',d, AE 10.’,d, AE 93d, Fn E 9id, AW 91d, BE 9,]d, BW 8.3 d. CE 9.'d, CW 9d, BE 83d, E 8.3 d, bls 61,d; CH/H: BE 9Jd; AV7: l-bd 91d; H/HB: H 9.',d. E 83d; Bounds: l-bd AA 1.0,’,d. l-bd A 10.',d, l-bd B lOd, J-bd 9d, pcs B.|d; DH: Rom"X 83d.

d. d. d. d. Merino, 64/70, 60/64^ — Average .... 101 to Hl 101 to Hi Inferior None 91 to 10 Fine halfbred, 56/58 — Average 101 to 111 101 to Hi Inferior 10J to 101 91 to 10.1 Medium halfbred, 50/56 Super None to 11.3 Average 10 to 11.1 101 to lli Inferior 9 to 93 8,3 to 10 Extra fine crossbred, 48/50— Super 101 to 12 101 to 121 Average 93 to 101 91 to 10] Inferior 8 to 91 81 to 91 Fine crossbred, 46/48 — Super 101 to 121 10.1 to 121 Average 9,1 to 10J 91 to 101 Inferior 7 to 9 81 to 91 Medium crossbred, 44/4C Super 101 to 121 101 to 13.1 Average 9.1 to 101 91 to 101 Inferior 8 to 9 8 to 9.1 Coarse crossbred. 40/44 Super 101 to 121 10.3 to 13 Average 91 to 101 9.1 to 101 Inferior 81 to 91 8 to 9 Low Crossbred, 36/40 — Super None 111 to 131 Average 91 to 101 9.3 to 101 Hoggets— Fine, 48/50 .... 9 to 11:1 93 to 11 Fine, 46/48 .... 9.1 to 103 91 to 11 Medium, 44/46 None 91 to 103 Coarse, 40/44 .. None to ill Lambs — Down, 50/56 .... 71 to 10 to 10 Fine, 44/50 .... 91 to 12 9.1 to 121 Seedy & inf. 6.3 to - 9 61 to 9 Bellies and pieces— Merino: Good to super None 8 to 9 Halfbred: Good to super 7.3 to 83 8 to 8.3 Low to medium 61 to 7.3 6:1 to 7.3 Crossbred: Good to super 8 to 91 71 to 83 Low to medium 61 to 73 51 to 7.1 Crutchings — • Medium to good 71 to 9 7.1 to 9 4 Inf. & seedy .... 51 to 7.1 5 to 7 Locks— Merino 4.3 to 4 Half bred 41 to 4.3 4 to Crossbred 4J to 6 33 to □2