Napier Wool Sale.

Hokitika Guardian, 15 January 1923, Page 4

Napier Wool Sale.

Sr 1 ?ST.j XilA I. \D\*AXC KIX j N AI‘I •*; 1;. Jan. 12 j ■ !>• MTU,, . V. •(,] - If ol the season in Napier tuck place to-day, stanmu -.he morning and continuing to 11.3(1 p.m. A record catalogue of •j, hales was offered. Never lie fore j ; •. sucii a large bench oi' buyers. nnmi nic over (tO, been present al a Na- . vr.H 1 sale. The bench of buyers is representative of every country i lerested in 'the woolhm tux tile trade j . .id from the commencement it tyas j iticcahle that they had elastic limits, i jtUlin r was spirited right throughout lhe sale, all classes ol wool bringing j,,,-i), j.eoii compelition, the result being improved prices.' All markets are v antin' l, woo! and buyers in the eudeasecure it competed with one oilier much to the advantage <>t , rowers. The wool brought forward i sale was well-grown and in good condition, generally speaking being ! idler than that mtalngred last seaThe improved ehi .. i.., resulted earning in for American mpetition. A particular feature of the 'sale’was the good improvement in prices' obtained for lower grade wools. This tended to show that the revival , t the vv0.,1 trade is now general, competition being formerly restricted to the finer wools. All classes of hogget .void hewed a substantial advance rale ing iron, 2d to :M on the November' sale rates. Fine wools suitable for ihe American market were from par to 2.'.d per lb higher, while low grade wools showed from ltd to 2ld advance. Yi'cio whs keen rtunpi'tiliun iV»r pircos, .. me Of the good sorts realising exeolj..|ii ji rices. In ore clip pieces made i;d more than the lop hue ol fleece. . Idvli is rather an anomaly in the wool trade. Bradford httyers operated i reo|v, taking the hulk of the catalogue. A fled I ietd mills had bought iheir rc--1,0': eim'iit s the (Yintiuoni took up the . Ccrmiuiy oporal iiiji vory oxtensively at Hie safe and falling up all inferior' wools and some very coarse l.iuc hi. Belgian. French and Sean-ilin-'vhin Inivcrs competed with (■er- ,. any for this class of wool. . To Japan w.-nl the crutehings. of which not a •real deal were offe'-i'ig. also coarse pieces and fine Soiitlulnwus.