Halfpenny Rise for Better Wools

Hawke's Bay Herald-Tribune, Volume 81, Issue 64, 8 December 1937, Page 5

Halfpenny Rise for Better Wools

-Press Association.)

wellington sale Competition Keen, but at • Buyers' Limits HOGGET LINES WANTEft

(By Telegraph—

WELLINGTON, This Day. The wool sale opened briskly, witK the Continent bidding very keenly/ bufc the passing-in of lots was frequent. Th® offering was 20,500 bales. Competition was exceedingly xeen, but at buyers^ limits, which they are not prepared toi exceed. I Prices, in the opinion of «ome brokers, are up by a halfpenny and ®v®n' three-farthings on Napier fer b«fcte«l lines, and shabby wool js pa? to «1 farthing better. The top prices in. the etrlier cita* logues wer©:-^ Halfbreds Hid to 12ia. Fine crosebred: Hd to 13|d. Medium crossbred; lOld, t® llid. , Hoggets: 10d to lld and lld to 13|&f Romney: lOld to 121d« Halfbred: llid to 13id. Lambs; 12d to, 14fd. • Pieces: 6d vto 7Jd and 8|4 to 1Q$4* ? Crutchinga: 6id tj 7^d and 84 to 9f 4s Nepks: 10 d to lld. J Competition is becoming keener M the sale proceeds. Particular attentio«i is being paid to hogget wools. ; Demand early in the wool aalt oam® mainly from the Continent, whicli wa® eager for all lines, hut a few lotp *4 lambs' wool offered were nof keenl® competed' for. German demand a$ a welcome Burpris®. The wool offered wa© described bjj competent judges as tender and lighter than that sent to th® December; sale last yeaf, this being attribnted te the sheep not having dpne ®.o well tiy® year, particularly in Wairarapa, but was better than the wool sent tp th® Napier sale, and, accordingly, conx manding better values. Demand was for strpng wools and on© line of such" — B ewes— ^mad® 14d^ Prices will probably prov® to be • penny better than. Aucklajid^ and a fulli nalf penny or three-farthings ahov® Napier for similar line® of wool. Japan was a spectator and th® United States purcbasjng was smalL Can ada was believed to be buying. NeWl Zealand mills bought gparingly.