WOOL ADVANCES.

Shannon News, 18 October 1921, Page 3

WOOL ADVANCES.

ALL CATALOGUES CLEARED AT WELLINGTON. ANIMATED COMPETITION. Friday’s wool sales iu Wellington were marked by a distinct advance on uii grades on the August prices, and by keen competition, 97 per cent of the total ohering of 7320 bales being cleared. The selling season is now closed, with the exception of Auckland and Wanganui, but it reopens next month with the first of the new clip. The passed-in lots were not attractive to buyers in the generality of cases. Prices were well ahead of those of last sale —19th August: These were below pre-war prices, however, and far short of the returns to growers under requisition. For instance, a line oi fine crossbred Wairarapa wool that brought 6Jd pen* pound yesterday—and a good price, too, as the market is—returned 20d to the grower under what was called, and not always affectionately sq, too, “The Commandeer/’ There was an old-time zest about the competiti«n yesterday. Bradiord was strongly represented, the Continent had keen buyers, America was silent (if represented at all), and Japanese attention was confined to crutchmgs. There was a fair amount of unattractive wools in, including some seedy lambs. They were not rushed; but good lambs were in request. The run was on hallbred and crossbred wools, and small parcels of merino and South Downs were keenly bid for. ABRAHAM AND WILLIAMS. Abraham and Williams (Mr O’Connor) report submitting 307 bales as their'quota at yesterday’s sale, and cleared practically everything under the hammer at prices greatly in advance of last sale’s rates. Competition was exceptionally keen for well grown, bright conditioned fleece wools and lambs, whilst wools showing, seed were neglected. Values for lambs, showed a decided Advance on the last sale’s rates. They were, practically neglected at last sale. Fleece wools of all grades were in keen demand at fronted to lid per lb advance. The market again demonstrated the fact that well classed and skirted wools always created a keen demand from all sections of the trade. Some of Abraham and William’s best were as follow: NB over 0,_12 bales medium crossbred, 5Jd; JDL over Drysdale, 7 bales medium crossbred, s£d; 3 bales coarse, sd; ABT, 20 bales hogstained crossbred,\W., 4d; 8 bales hoggets, sd; FWG, 10 bales medium crossbred, hogstained, 4|d, 4 bales coarse, 3|d; JOBP, 3 bales medium, lambs, 6&d; various, 10 bales, 7£d; CBH, 3 bales bellies, 2£d; EB over Z, 11 bales medium crossbred, slightly hogstained, 4£d; 8 bales coarse crossbred ewes, 4d.