WOOL MARKET

Hokitika Guardian, 17 February 1932, Page 5

WOOL MARKET

HAWKE’S BAY SALE. LOW GRADES CHEAPER. (By Telegraph—Per Press Association) NAPIER, February 16. A catalogue of 16,000 bales was submitted to tb© usual , bench of buyers at to-day's wool sale, and about 80 per cent, was soldi Superior wools met good competition, and late rates were maintained, but other grades were not so keenly -sought after, and prices declined by a farthing to a half-penny on Wellington quotations. The quality of the wool offered was rather below Hawke’s Bay standard, and showed signs of lack of care in the get-up, being badly skirted, and not properly : classed. Inferior and shabby types were neglected, and frequently did not command more than one bid. Better types instantly brought animated competition.' Japan competed for fine wools of quality. The bulk of the fleece wools went to Bradford, tho Continent, as usual, being keen for bellies and pieces, the prices for which remained practically unchanged. French operators were not so active as usual, with the result that competition for certain types was quiet. Good lines of hoggets’ wool were keenly competed for. Good lambs wool, of which there were few lots, made up to 7fd.