NAPIER WOOL SALE

Gisborne Times, Volume LXV, Issue 10308, 18 January 1927, Page 5

NAPIER WOOL SALE

MOST SATISFACTORY THIS SEASON SUBSTANTIAL INCREASE IN FINE SORTS. CROSSBREDS ADVANCE BY FARTHING TO HALF-PENNY. ' NAPIER, Jan. 17. The third Napier wool sale of the season commenced to-night, when a representative catalogue was placed before a full bench of buyers. The sale so far was the mbst satisfactory held this season. Competition,was exceedingly brisk, and at no time did the bidding ease up, every section of the trade being anxious to seeux-e wool, and bidding up fully on to the limits, with the result that the passings were practically nil. Bradford lifted the greatest weight of wool and the Continental buyers were a close, second. There was a small amount of super for America, and this was taken at good prices. There was an apparent and very substantial advance in line wools and lambs of anything from one halfpenny to one penny. The advance on crossbreds was not so great, being from a farthing to one hair-penny. For coarse and low grade wools there was little or no improvement, though the market was firm, and the same applies to inferior qualities. Pieces and bellies sold very well, but prices for necks and pieces were not as good as in December. —P.A.

DALGETY AND CO.’S REPORT. (Special to the Times.) NAPIER, Jan. 17. The third wool sale of the season was i*esumed at 7.30 p.m. to-night. Piices as compared with those ruling before the new year can be quoted as firm, although good, bright and medium wools were down. The principal buying was done on behalf of Yorkshire, France, Germany and America, while local manufacturers and scourers obtained a considerable quantity. We offered a catalogue of bales and under keen competition the bulk of the lots were sold under the hammer. The parcels shown were thinly grown and of lighter condition than has been the case for some years past. Although a decline of prices was recorded at the last London sales, this did not l’eflect at our sale to-night, and it was gratiying to find prices better than in last December. The coal position in England was probably the cause of the lower prices in London, as where manufacturers formerly bought coal at £1 pel’, ton, it was Costing them £3 10s at the time of the strike. Apart from the increased cost, business was bad, the strike having strangled the general demand in England for new clothes. However, the quantity of wool sold to-night clearly shows the position as sound. This and the steady values maintained proved that, by selling in the Dominion, growers not only receive better prices but they obtain their cheques fourteen days after the sale.

Bradford was keen for all grades, and bidding was brisk rora this quarter .throughout our catalogue. Germany was also bidding freely and bought large quantities of fleece wool. Both France and Germany were bidding freely on pieces, as were also local scourers. We had a fair quantitv of lambs wool offering and this class of wool met with spirited competition. The lambs were generally well-grown but unfortunately very mixed. The wool offered was not attractive, the majority of .the lots showing evidence of the dry season. Taking the condition of the wool into consideration, Dalgety and Co. consider -the prices .. offered for their catalogue were very satisfactory. Leading prices obtained by Messrs. Dalgety and Co. for the different lots of wool were as follows: —r

GHV.—S AE 14d, 4 BE 13Jd, 5 Ist pcs and bels lOd. RDR.—6 AE 12gd, 6 BE 11*6, 4 C and DE 10*d. DD. —6 x-bd H 12fd, 4 x-bd W llid, 14 x-bd E llgd. Riverside, over S and R.—l2 A 14id, 13 B 12id, 9 C 10*d, 5 A pcs 9d.

Tildtiki.—7 B (pi 12id, 12 B 1 11J-I, 16 O llid, 4 Ist pcs F (p) 9Jd, 4 bels F (p) BRI, 8 Ist lbs 12yd. . . HM.—6 B 12 ; jd, 4 C lid. H in Circle.—4 B 113 d, 5 C lljd. Pier.—B B 13Kb 7 A 123 d, 4 B 13d, 14 B 12id, 10 C 12d, 12 C 113 d. Cl and D.—7 B lljd, 5 B llld, 15 BCD and E llid, 4 Ist pcs 93d, 5 pcs and bels 83d, 7 bels and pcs Bjd. Kupenga.—4 AAH 123 d, 5 AA 13d. 6 A 12|d, 10 B llid, 7 C and D (p) lOjd, 6 Ist pcs lOjd. L J SM.—6 A 121 d, 4 B 10jd. Porahu.—7 A 123 d, 4.8 lid. P Bros. —4 A 13d, 4 B and BE lid, 4 Ist pcs lOjd. PR—4 Ist lbs 143 d. Horoera. —‘5 sdy and mxd lid. Kaiwaru.—4 A and B llfd, 4 C 103 d. Orutua.—6 B 12 jd, 4 B and C 12d. Pouri.—7 BH 133-d, 12 B 12jd, 5 OH 12jd, 14 C 113 d, 4 Ist pcs 9jd, 4 bels Bid. Marua.—ls AH 13d, 5 H lljd, 34 B 12d, 4 C 113 d, 4 Ist pcs 93d, 6 bels 83d, 6 Ist lbs 15jd. MS.—4 BH and E 123 d, 6 0 and DE lljd, 5 EH 12d, 4 pcs and bels 83d. Tangihanga over 08.—7 A, 14d, 4 BH 123 d, 8 13 123 d. Te Kaka.—4 A 123 d, 0 B 113 d. WA.—5 A 123 d, 4 B lid. HW over W.—7 A 13d, 5 B and BE 11-3 d. ASM.. —6 H 123 d, 15 x-bd E 113 d, 4 pcs 9d. Kora.—lo JB lljd.

. Rakauroa over E 8.—16 A lid, 4 B lOd.

•SFO.—S A lljd. GD over Bar over M. —4 A 113 d, SB 113 d. HEI over Ariel. —>9 A 13jd, 6 B 12d, 4 pcs and bels 93d. Ardhu.—B A llid, 10 B 10Jd. McK Bros, over M.—s. AH 103 d, 7 E 10jd. INCH.—4 A x-bd 123 d, 5 B x-bd 123 d. Tahore.—6 B 12jd, 5 O 113 d, 71) 113 d, 4 Ist pcs and bels 93d. Pukekiwi over LMD.—4 AH and E 133 d, 5 BH and W lljd, 8 BE lljd, T CE lljd, 5 D 103 d, 4 Ist pcs and bels 8.3 d. Glendhu.—l3 A 123 d, 4 B (p) 10jd. PoFha.—B AH and A 14d, 5 .BIT 121 d, 10 B 113 d, 5 O 103 d, 6 DH and E llid, 4 Ist pcs 103 d, 4 A lbs 143 d. L and F over Tawa. —9 AH and A 14d, 11 BH and B 12jd, 5 O lljd. Horoto. —19 A 12d, 14 B lljd, 4 pcs (p) BJd, 4 lbs (p) lOjd. 1 BLK.—II A 113 d, 4 B (p) 103 d, 4 pcs 9jd. HA.—sj B (p) 113 d, 4 C (p) 103 d. ES.—6 A 103 d. HM.—5 A. (p) llid. Swastika over WDB over Circle. 4 B (p) Hid. * Omaruparoa-—>6 AE 133 d, 7 BE 12d, 5 Ist pcs 9d, 6 Ist lbs ~(p> 113 d. 6BH 12jd. , . n BLK.—2 j-bd AA 163 d. Burnside over SDB.—S AE 12jd. RDR.—I bels and pcs, part fleece 93d. . , Kupenga.—l x-bd 9jd. [ This concluded the wool offered by Dalgety and Co., Ltd., from the 8.0. and P.B. districts.