COMMERCIAL NEWS
LItY TKLKUHAI’U—I'JSU I’ltJiSS ASSOCIATION]
CHRISTCH UltCll WOOL SALES
CTIiUSTCHUItCH, June 10.
The first local wool salo since llio recent resumption, and the tilth sale of the season, was held to-day, when 8000 bales were offered. There was a spiritckl sale and practically seven-eighths of the catalogue was disposed. In the case of three-quarter bred and cross-bred there was an advance on local February rates, and a distinct advance on recent northern auctions. Good half-bred averaged practically the same as February sales, but seedy and dingy was a penny lower. Three-quarter bred was about a penny lighter, and cross-bred was a penny half-penny better than recent northern auctions. A most encouraging feature of the sale was the activity displayed for practically all classes of 40-48 wools. Ihe bulk of the catalogue went to Home buyers. Local mills took a very small proportion. Scoured wool was not wanted. Pieces dropped in pvieo on last Christchurch sale. The range of values was: Merino ll.'d to 13Jd, medium merino Od to lOd. inferior memo 6d to Bd. super half-bred 10!,d to 12d, medium halfsuper three-quarter bred to 9£d, medium three-quarter bred 6-fd to 7id, inferior three-quarter bred 5d to Gd, super-cross-bred 4i|d to 6J A, inferior cross-bred 3Sd to 4jd. Half-bred pieces 4d to 6.'d, cross-bred prices 2d to 3J.
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Hokitika Guardian, 11 June 1921, Page 1
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218COMMERCIAL NEWS Hokitika Guardian, 11 June 1921, Page 1
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