COMMERCIAL ITEMS
WOOL SALE. (By Telegraph—Press Association). TIMARU, February S. The second South Canterbury wool sale ol the season opened to-night, when a catalogue of 22,272 bales was offered to a full bench of buyers, representing nearly all the wool consuming countries. Clips opened in slightly better condition than the corresponding sale of last year, being lighter in grease. Only a small percentage was tender, and on the whole it . was sound and well grown. Bidding at no stage could he called keen. At- times it was very erratic. At the end of the second catalogue, at which stage about 11,000 hales had been disposed of, prices were from par to a shade easier than the recent Dunedin sale. Merino wool was out of favour, hut three-quarter bred 48-50 was keenly sought after. Continental buyers pushed halfbreds which went up to 2Ud. The top price for three-quarter hreds at the end of the second catalogue was 21d. Corriedales reached 20j|d, merinos L7<l, and crossbreds 17f*d, and crossbreds 1 71 d. The sale was still proceeding at midnight.
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Hokitika Guardian, 9 February 1929, Page 6
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177COMMERCIAL ITEMS Hokitika Guardian, 9 February 1929, Page 6
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