WOOL SELLS WELL

Gisborne Herald, Volume LXVI, Issue 20024, 24 August 1939, Page 15

WOOL SELLS WELL

CHRISTCHURCH OFFERING

OFF SEASON ASSORTMENT

(Ter Press Association.) CHRISTCHURCH, last night. A supplementary sale of wool was held yesterday. There was a good attendance of b-uyers representing local mills and felLmongers and overseas interests. The catalogue, which comprised 21C9 bales, was the usual off-season assortment. Crutchings and pieces formed the major proportion, although there was moderate showing of flerice, mostly stragglers’ wool from Merino and half.bred flocks. The crossbred wool offered comprised practically all crutchings and pieces. The sale was a good one considering the quality of the wool offered, and on a par with expectations to a shade better for coarser crutchings. Best Merino and halfbred fleece made to 12d per lb. in several cases, the bui?. of the fleece lots ranging from Sd to 10|d. Merino crutchings were wen represented and these sold freely at from 7d to 9d per lb. for the best with secondary round about 6d. Pieces made up to lOj'd and secondary lots from 6d to Bd, Crossbred crutchings sold exceptionally well, a three-bale lot from South Westland making lid per lb., with other lots from B£d to 9Jd, and the bulk of this class ranging from fid to 7Jd. There was 'general competition. The local mills were freely in the market for all classes of finer wools and took a substantial proportion of this class. Overseas representatives also operated spiritedly ancl secured most of the remainder. Passings were confined mostly to inferior lots and in the aggregate amounted to only a moderate proportion of +he catalogue.