WOOL SALES

Rotorua Morning Post, Volume 3, Issue 716, 16 December 1933, Page 6

WOOL SALES

HALF-YEAR'S RETURN S ■ Sydney, Dec. 15. The half-year's saies resulted in 637,348 bales of wool being sold for £12,000,026 or an average of £18 16s 6d per bale. The saies closed with prices at the highest point of the season. The Herald remarks that the average prices &■ year ago were £10 18s 4d per bale, or 8.3d per lb. Experts are of opinion that the present buoyancy may be maintained next year. Though it must be remembered that the depreciated currency plays a part in the high prices ohtadning, it is the best omen for growers and public that has been known for years. It may be possible to im,prove stations and flocks, with consequent benefits later on. The values of sheep are practically doubled and there is some improvement in the demand for land. The averagie prices current in Sydney are: Greasy, extra super merino fleece, 37!d; grmsy merano fleece, best, 24d to 26d; good, 22d to 23d; average, 19d to 21d; do. slight seed, best, 21d to 22d; good 12d to 20d; average, 17d to 18d; do. burry, best T81d to 19id. average 16id to 17id; inferior, 13d to 15id; do. broken and first pieces, best 23id; good, 19d to 20d; average, 17d to 18d; lambs, best to 28id; comebacks, best, to 26id; crossbreds, best to 25!d.