WANGANUI WOOL SALES

Nelson Evening Mail, Volume LXIV, 20 January 1931, Page 8

WANGANUI WOOL SALES

DECLINE IN PRICES (By Telegraph -Press Association! ' Wanganui, This Day. At the second Wanganui avoo! sale only 50 per cent, of the offering of 10,000 bales was sold. Bidding was keen up to defined limits, Bradford being well in the market for top making wools of all qualities. Continental competition Avas not pronounced. France was hardly in the market, no doubt because the avools submitted were hardly up to the standard required for that trade. Values showed a further decline on recent sales v and comparing prices with those of the first Wanganui sale in November last the depreciation can he quoted at gd on good fleece wool. |d on ordinary and low avools and gd on bellies and pieces. Hopes that prices Avould improve as the season progressed are far from being realised. The range of prices Avas as follows: Half-bred 50/56, 4d to 4|d; fine crossbred, 46/48, 4, 4£d; 44/ 46, 3gd, 3£d; 40/44, 3d, bred, 3d; seedv and inferior crossbred, l-Jd, 2gd ; hoggets, 48/50, 4icl, 5d ; 44/46 4gd, 4pd; lambs, 44/46 ,3fd, 41 d; bellies, pieces and oddments, lid, 2ad. BRISBANE SALES (Received 20th January, 9.25 a.m.) BRISBANE, This Day. The Avool sales Avere resumed, 10,178 bales being offered. There was an excellent clearance and animated bidding. Prices were equal to the best obtained at the former series. Greasy merino made 17d, scoured 14gd.