N.Z. WOOL MARKET

Hokitika Guardian, 7 January 1932, Page 2

N.Z. WOOL MARKET

IMPROVED PRICES

AT WELLINGTON SALE.

(By Telegraph —Per Frees Association)

WELLINGTON, January 6. Compared with the December sale, there was a much better tone in the second Wellington wool sale, which was held to-day. There was an unusually large gallery of onlookers. Taken generally, the prices for medium crossbreds were from par to 3d dearer. Good halfbreds were keenly sought at an advance of 3d. Lower quality wools showed little or no change on last month’s prices. There was a full bench of buyers representative of every section of the trade. The total quantity catalogued was 19,000 hales, of which about 18,500 bales were offered. Passings although fairly frequent, were fewer than at the December sale, and it is estimated that over 14,000 bales were sold at auction. The bidding was much more spirited than at the December sale. The Continental section of trade was particularly active, and made the most of the running, the German and French buyers being the principal operators. Bradford bought more or less sparingly, and were reserved in their biddings. The demand on Japan** ese fteootyfit was much keener than ip December for wools suitable for their requirements. The local mills satisfied their wants in better quality halfbreds and merinos. The official range of prices compares as follows with that of last month’s sale:—

Merino 64/70, 60/64: Super Bth De-

cember to 103 d; 6th January 93d to ’Od; average 7|d to 9jd; 7d to 8-Jd; .inferior 6d to 7d, 6d to 7d. Fine halfhred 56/58: Super, none offering, none offering; average to 9H, B|d to 9Jd; inferior 6d to 73 d, 54d to 73d. Medium halfhred 50/56: Super, none offering, lid; average 7d to 83d, 8d to 9|d; inferior 4£d to 63d, 5d to 7Jd. Corriedale: Super 10$d to lid, none 4 . offering; average 73d to 83d, 83d to ' 93; inferior 44d to 63d, 53d to 73d Extra fine crossbred, 48/50: , Super . 63d to 73d, 8d to 9d; average 5Jd /; to 6Jd, 53d to; 7id; inferior 33d to sd, 4d to 03d. Fine crossbred, 46/48:- Super 6*d to 7d, 7d to Bjd; average 53d to 6d, 63 d to 7d; inferior .3d to 43d, 4d to sd- ■: Medium crossbreds, 44/46: Super ■'6d to 63d, 6d. to 63d; average 4fd to 53d, 4id fto 53d; inferior 23d to 43d, 3d to 4-Jd. Coarse crossbred, 40/44: Soper ojd i to Bd, 53 to 6d; average 4d to sd,' 43d to od; .inferior 2d to 33d, 2}ct to "" 4d.

Low crossbred, 36/40: Super,, none ■offering, none offering; average 4d to ! sd, 4d; inferior 2d to 33<1, 3jd. Hoggets- 48/50 : 53d to 83d, s|d to ; 83d; fine 46/48: 4-Jd to 73d, 4-Jd to 73d; medium 44/46: 33d to 53d, 4d to 63d; coarse 40/44: 33d to sd, 43d f to 4|d; low 38/40: none offering, none offering- . Lambs’ down, 50/56: None offering, none offering; fine, none offering, 53d * to 83d; medium 4.0/44, none offering,

6>d. 6 Seedy and inferior, all grades: None offering, 23 to sd. Bellies and pieces: Merino good to f super od to 6d, 7|d; low' to medium, - none offering, 3id to sd. Halfhred, good to super, none offering, 63d to 8-3 d; low to medium, od to 63d, 33d to 53d. Crossbred, good to super 4d to 63d, none offering; low' to medium 2d to 33d, 2td to 33d. . Crutchings: Medium to good, 4d to 4|d, 4d to aid; inferior and seedy, Id

To 3d, Id to 3d. Locks: Merino, .none offering, 2d to 2£d; kjalfbred, none offering, Sj-d; crossbred. Id to 2d, Id to 2d.