FIRM VALUES

Waikato Times, Volume 125, Issue 20992, 20 December 1939, Page 9

FIRM VALUES

WOOL AT OAMARU CLIP IN GOOD CONDITION RANGE OF PRICES (By Telegraph.—Press Association) OAMARU, Tuesday The first wool appraisal at Oamaru took place last Saturday, when a catalogue comprising approximately 4000 bales was submitted. The greater proportion represented farmers’ clips, with a proportion of earlyshorn station wool. Noth withstanding the severe winter in the back country the wool opened up in good condition, although slightly short in staple. There was little break in it, but it was lighter in yoke than usual. Low country clips came forward in good condition. Satisfactory values were realised for all descriptions. The range was as follows: Fine half-bred: Super, 15£d to average, 13d to 15d; inferior, 12d to 12|d. Medium half-bred: Super, 15£d to 16]d; average, 14£d to 15£d; inferior, to 13£d. Fine cross-bred: Super, 14d to 15id; average, 12§d to 13 Id; inferior, ll£d to 12£d. Medium cross-bred: Super, 13£d to 14d; average, 12£d to 13d; inferior, llid to 12d. Cross-bred: Super, 12d to 12fd; average, 11 id to 11 id; inferior, lOid to lid. Coarse cross-bred, lOd to IOJd. Hogget wool, necks, bellies, pieces and crutchings, all sold at equally satisfactory prices.

PRIVATE DEALING

WOOL AND SHEEPSKINS LICENSING PROVISION TO AVOID HARDSHIP (By TelegrapH.—Press Association) WELLINGTON, Tuesday “The wool emergency regulations gazetted in September prohibit private trading in wool and woolly sheepskins. It has been recognised that this prohibition imposed considerable hardship on dealers, many of whom have been operating in these commodities for a number of years,” said the Minister of Agriculture, the Hon. W. Lee Martin, today. “Many farmers prefer to sell outright to such dealers, as it saves them the cost of preparation on the farm, and they know immediately what the produce will realise. Under the wool commandeer procedure, farmers will be aware of prices, and the possibility of exploiting will be obviated.

“To rectify the position in which the dealers find themselves, provision has now been made by exemptions gazetted on December 14 for the licensing of dealers in wool and woolly sheepskins,” continued the Minister. “No fee is payable for the licence, but operations will be restricted to quantities substantially in accordance with pre-war purchases.”