WOOL PRICES

Hokitika Guardian, 12 March 1931, Page 2

WOOL PRICES

SOUTHLAND SALE. A RISE OF 3d PER LB. (By Telegraph—Per Press Association) INVERCARGILL, March 11. The second Invercargill wool sale was held to-night, when a catalogue of 16,0dd halos was offered to spirited con p.-iition from all sections. • Tne sale was an exceedingly brink one. The best quality wools wore showing a rise ot threepence |>er pound compared with the first sale at the end cf -lanuary. The passings wei’o iufinite-imal,

'l’he competition was well distributed, hut it was soon apparent that .Japan was exercising the dominating influence, and six' .secured a tail amount of the. wools suitable to her requirements. The Continent secured a fair proportion of the fleece wools, but Brudlurd appeared to be lu tile market, ,lnd bought steadily, France (OmpeU nd ko<>nly lor bellies utld particularly for prices.

T| lC local buyers were, naturally, restricted in view of the sudtleh rise, but a certain Percentage of suitable wools were sc'-urod by these interests, Thu range of prices was. as follows: Super fid to 114, medium 7d to BJd, inferior Did to 6-id. pine crossbred: Super 8d to lid, medium 7d to BAd, medium crossbred, super 71 to B.\d, medium 7d to 7Jil. inferior 4RI to Gld. Coarse crossbred, super 7Ad to B.R . medium did to 7j. inferior Did to (id. Hogget,: Super B.UI to PL medium 7Ad to B.\d, inferior 6d to 7jd. Pieces: Extra good 6,\d to 93d, first crossbred 4id to Gjd, second crossbred 3d to 4Ad. Fellies: First crossbred 4cl to o:|u, second crossbred 34 to 4 [d. Crutchings: First crossbred 4d to 4 : {d, second crossbred 3d to 3;(d. Necks: First fine to 6.3 d, seconds to sd. Locks: 24d to 2d. Dead : 5d to G jd.