WOOL PRICES FIRM

Hawke's Bay Herald-Tribune, Issue 5, 21 January 1937, Page 7

WOOL PRICES FIRM

-■Press Aasocltttion.)

Japan Not Bidding At Wanganui To-day i i ' i i ATTRACTIVE 0FFER1NG

' (By Telegraph-

WANGANUI, Jan. 21. Wanganui 's first wool feale for the iseason commenced this morning before a full bench of buyers. All wools, with the exception of halfbreds and Southdown, were firm on recent North Island saies. The buyers represented praetically all the wool-consuming countries. The wools opened up in good order, being much brighter and lighter in condition, and the display was one o± the most attractive seen at Wanganui for some years. A notable feature was the absence of Japanese competition; consequently, what fine wools were offered showed a decline as compared with earlier saies. Bradford. Germany, France and the United States were the mainstays of the market and lifted practically all wools from 48 and under at prices on a par with those at other North Island centres. A preliminary range of prices is as follows: —

d. d. 56/58, Fine halfbred ..... 20 to 21f 50/56, Medium halfbred .. 19J to 20} 48/50, Extra-fine crossbred 16| to 18J 46/48, Fine crossbred 16 to 17£ Medium 15$ to 17 40/44, Coarse crossbred ... 16 to 161 Fine hoggets 17 to 181 Medium 16| to 18 Fine lambs 18£ to 19£ Belliea &/pieces, low to med 10i to 11$