KEEN DEMAND FOR WOOL

Sun (Auckland), Volume III, Issue 635, 11 April 1929, Page 10

KEEN DEMAND FOR WOOL

WANGANUI SALE Press Association WANGANUI, Wednesday. At the final sale of the Wanganui wool seas<yi to-day 7,432 bales were offered and there was almost a total clearance. A full bench of buyers bid freely, and while superfine, of which there was a very small offering, declined a shade on the February prices, medium wool was from par to id higher. Inferior quality was higher by id to Id. France was an especially good buyer. The range of prices was: Extra Fine Crossbred—- . d. d. Average 15 to 16 Inferior 13 to 14 Fine Crossbred— Average 14 to 15* Inferior n to 13* Medium Crossbred— Super 14* to 15J Average 13* to 14* Inferior 11* to 13 Coarse Crossbred— Super 13* to 14 Average 12 to 122 Inferior n to 12 Low Crossbred— Average 1J to 12* Inferior 9 to 10* Hoggets—--48-50’s 15 to 152 Fine 14 to 15 Medium 13 to 14 Coarse and low ll to 12 Lambs— Down 14J to 152 Fine 15 to 155 Medium 13J to 15 Seedy and inferior .. 6 to 12 Bellies and Pieces, Crossbred— Good to super 20* to 12* Low to medium 7 to 9* Crutchings— Medium to good .. .. 10 to 10J Inferior and seedy . . 5 to 8 Looks— Crossbred 5 to 7 WHEAT IN LONDON ('Australian and K.Z. Press Association) LONDON, Tuesday. Wheat.—Cargoes responded to stronger closing in America and Argentina by advancing 6d to 9d. There was rather more inquiry at the higher levels. Parcels are in moderate request at 3d to Krl advance. Liverpool futures: May. Ss ll*d ~ cental: July, 9s 2 7-Sd; October, 9s 5 7-Bd.