LITTLE DEMAND

Sun (Auckland), Volume III, Issue 880, 25 January 1930, Page 10

LITTLE DEMAND

WOOL SALES SLOW LOWER PRICES AT WANGANUI Press Association WANGANUI, Friday. Bidding was not at all animated at the Wanganui wool sale today, buyers evidently being tied down to limits without elasticity. Most of the wool manufacturing centres were represented. Taken as a whole the catalogue was not up to the average. Bradford and Continental buyers dominated the market, with the former taking a major share of the wool sold. Local buyers operated freely for bellies and pieces. Lamb’s wool was in poor demand, only exceptionally good lots raising bids above a low plane. Compared with the November sale the prices show a decline of 4d to 4£d a lb for fleece wool and 3d to 4d for pieces and bellies. There were many passings. The future is uncertain, and it remains to be seen whether the growers holding their clips are wise. The range of prices is as follows:' — Extra Fine Crossbred. —4&’s to 50’s, 9Jd; average, Bid to 81d; inferior, 7d to Bd. Fine Crossbred. —Average, B£d; inferior, 6*d to 7d. Medium Crossbred.—Average, 7d to 7£d; inferior, 6d to 6ld. Coarse Crossbred. —Average, 63d to 7|d; inferior, s£d to 6Ad. Low Crossbred.—Average, Cd to 6£d. Hoggets.—Fine, B.ld to 9Jd; medium, 8d to BSd; coarse and low, 7d to 7*d. Pieces, Crossbred. —Low to medium, 4d to sd. Bellies.—Low to medium, 3d to 4d. Lambs.—Fine, 10Jd to ll|d; medium, 7d to 95d; inferior and seedy, 4id to 6^d. Locks, Crossbred.—-2ld to 4d.