CRUTCHINCS IN DEMAND AT WELLINGTON

Chronicle (Levin), 25 September 1947, Page 5

CRUTCHINCS IN DEMAND AT WELLINGTON

— +T-TT TWELLIN GTON, Sept. 25. Under spirited biddlng frpm a full and representative bench pf buye'rs, excellent prices were cbtained fpr crutchihgs at the midseaspp Wellingtpn wppI sale tpday. The clearanee pver the mprnirig stages was gppd, passings being principally nil. The effering cpn.sisted pf 10,552 bales, pf which 8803 bales were crutchings. The balance cqmprised stpck wppI pffering on behaif of the WppI Disposal Cpmmissipn and a percentage pf scale wopls. Cpmpared with cprresppnding saies yesterday, the general range pf values fpr crutchings cver the pRening catalcgues averaged 2d tp 30 higher, super lpts making up tc 23|d. Qpcd tp super li'nes were

laken at frpm zud tp 21-Ad and a cpnsiderable pprtipn pf the effering seld at' 17id te 19£d. At the ether end pf the scale, lcw' grade lines. whicji were slcw tc mcve, were knccked dcwn at 8-4-d tc 11-^d. These lcw prices, hcweyer, were an exception. , Buying limits appeared te be fairly elastic, with lcdal mills having the edge cn many cf the overseq,s qperatqrs. The few cdd lots of fleece wools SQld very well, up to 30id bqing paid for one reclassed line and 30d,for a lpt pf skirtqd hogget wqol. QvgFr seas buyers were keenly interested[ in this cla§s of offering, purchasing j a f air siqare of it. Slips met with steady competition thbugh with a' Lenaency tp drag. Wben jnferior lots were offered'the best price in the early Gatalqgues was 25id, obtained for two lines. A f air proportjon of this section chariged1: hands from 20d to 22d. J