WOOL MARKET

Dominion, Volume 19, Issue 48, 20 November 1926, Page 4

WOOL MARKET

PRICES AT NAPIER SALE GOOD COMPETITION VALUES PAR TO SLIGHTLY ABOVE WELLINGTON’S I , B* Telegraph.--Press Association. Napier. November 19. The first Napier wool sale of the 1926,27 season has passed off just as almost everyone expected—with a decline - in values on those prevailing in March of this year, and reaching a level parallel with .prices prevailing iu Wellington .on Monday. Those closely connected with the trade are of opinion .that the .values ruling were from par to slightly, better than those ’ offering at the Wellington sale. Taken right through they were better than most brokers expected, and there was a tone about the market that gives a hopeful sign for the immediate future. Bradford. France, Germany, and, in fact, most Continental countries, also American and Dominion buyers, operated. Competition was well distributed, and increased as the sale progressed. The wool offered opened up tender, thin and short in staple and •more wasty than usual. Bradford lifted the bulk of the catalogue American buyers took very little, but there ■was keen competition among Continental buyers for pieces and bellies. The catalogue comprised 16,234 ba' R -s and about 85 per cent, or more sold under the hammer.- Following is the range of prices;—

EXCELLENT CLIPS FOR AUCKLAND SALE

Dominion Special.

Auckland, November 18. , Clips for the first wool sale of the 'reason to be held in Auckland next Friday have been coming in very freely during the past week, and it is anticipated that when tho catalogue is closed it will be found that the offering will closely approximate last' year’s ■ first sale •■record of 16,156 bales. Some excellent clips have come to hand, and in the general run the wool is well grown and light in condition, the wet weather having had the effect of removing from the wool a great deal of weight-produc-ing greases. What is lost in weight, however, will, it is expected, be made up by enhanced prices for the lighter wool. In common with past Auckland sales, the bulk of the wool is medium crossbred, but there is also a fair proportion of Romney.

Southdown— Super 163 to 18} Average 143 to 16 Fine Halfbred— Super Uip to 16 133 to 15} Corriednle Coarse Halfbred— Super Average Inferior 14 to 15} 121 io 133 10} to 12 Fine Crossbred — Super 13 to 143 Average 11 to 12 Inferior . 9i to Medium Crossbred— d. d. Super 12 to 13} 10} to 11} Average Inferior 8J to 10 Coarse Crossbred — Super Average 12 to 13 10 to ll} Low Crossbred— Average Inferior 9} to 101 .. up to 8} Hoggets— 48-50 14 to 15} 12 to 13$ 46-43 12 to 135 .. 9 to 12J 40-44 ..... 40-44 .. « 36-40 9} to 12} . up to 10} Lambs— Fine 11} to 12} Medium 10 to 11 .Seedy and inferior ... Pieces— up to 9} Necks Halfbred Crossbred, good to super Crossbred, low to me113 to 14} up to 11} 10} to 12 dium 8} to 93 Bellies— Halfbred 81 to 93 Crossbred, good to super Crossbred, low to me83 to 10< dium 6 to 8 Crutchings— Medium to good Inferior and seedy .... . 8} to 10. 4 to 7 Locks, crossbred 4} to 73