BUYERS CAUTIOUS

Hawke's Bay Tribune, Volume XVII, 30 November 1927, Page 5

BUYERS CAUTIOUS

CHRISTCHURCH WOOL SALE FINE CROSSBRED IN DEMAND. PRICES IN SOME RESPECTS NOT UP TO EXPECTATIONS. (Per Press Association). Christchurch, Nov. 30. The first wool sale of the season in the South Island opened here this morning with a full bench of buyers. There was an atmosphere of cautjon at the start of the sale and in some respects pieces were not up to t the standard expected. This was particularly the case of the average class of half-bred wool. Fine crossbred met with a very keen sale and fully maintained the rates for similar wool at the North Island sales. There was a good demand for all fellmongers’ lots, and super wool of all classes was very keenly competed for. It is suggested that the uncertainty regarding the shipping situation in Australia mav have had some influence on the caution exercised. All buying points were represented, the Continent being more prominent in the early stages but later local mills and Bradford secured their shares. HEAVY FOG. LONDON SALES AGAIN POSTPONED. (Received 30, 11.15 a.m.) London, Nov. 29. y The wool sales were again postponed owing to fog. It was pitch dark at 10 o’clock in the morning.— (A.P.A. and “Sun” cable).