CHRISTCHURCH WOOL SALE

Sun (Auckland), Volume II, Issue 527, 3 December 1928, Page 13

CHRISTCHURCH WOOL SALE

Late Commercial —

GOOD PRICES AND SPIRITED BIDDING Press Association CHRISTCHURCH, To-day. At the first wool sale here to-day the demand was good, prices being about the same ns those ruling at the first sale in 1927. There was spirited bidding for all good-class wool, with satisfactory competition from Bradford and Continental buyers. Of the first catalogue of 3,071 some 480 bales were passed in. Later in the sale competition from Bradford seemed to fall off. There was a tendency for superfine wools to ease, the decline being up to one penny a Pound in some cases. following were some of the top Prices up to lunch-time: Half bred, 24d; forriedale. 23',d; Merino. 21£d: three-quarter-bred, 20d; crossbred. 17id; fine Pieces, 20Jd.

SOUTHERN EXCHANGES

Press Association Wellington.—Reported: New Zealand Guarantee Corp (ord.), 8s 6d. On Change: New Zealand Breweries, 53s 6d. Christchurch. —On ’Change: Golds“fojgh Mort (cum. div.). 52s 4d; Mahaki- ***’*• Is 2d (two parcels').

BUTTER AND CHEESE

Merchants’ Reports Merchants report receipt cf overseas as follow: Amalgamated Dairies, Ltd.. from i* 1 ?I** 1 ** London house:—“Butter: Our r* ces unchanged, Anchor 17Ss; market S*® l during week; now signs of resumpn of buying. Anticipate improvement f „ x ' week. Panish, 199 son spot. 194 a . Deliveries New Zealand, 1.22 a ," s; stock, 3.825. Retail prices unntnge.!. cheese- PSs to *9s. Market sow ancl weak. Canadian, IOSs to 110 s. taa Prices unchanged.”

NIAGARA’S DEPARTURE POSTPONED

pHE departure of the Royal Mail bner Niagara from Auckland op Sydney has been postponed r ° m noon till 8 p.m. to-morrow, to advice received this lernoon from the local office of « Union Steam Ship Company. ® vessel arrived at Auckland ar|y this afternoon from Vanouver, and berthed at Prince's narf, where she landed her Passengers and commenced the '•charge of the New Zealand op faon of her mails and cargo.