NAPIER WOOL SALE

Taranaki Daily News, 20 November 1926, Page 13

NAPIER WOOL SALE

PRICES WELL MAINTAINED. By Telegraph.— Press Association. Napier. Last Night. The first Napier wfiol sale for the 1926-27 season lias passed off just as almost everyone expected, with a decline in values on those prevailing in March of this year, and reaching a level parallel with the prices prevailing at Wellington on Monday. Those closely connected with the trade were of .the opinion that the values ruling were from par to slightly better than those offering at the Wellington sale.

Taken right through, the sale was better than most brokers expected, and there was a tone about the market that gives a hopeful sign for the immediate future. Bradford, France and Germany, in fact most Continental countries, American and Dominion buyers operated. Competition was well distributed and increased as the sale progressed.

The wool offered opened up tender, thin and short in staple and more nasty than usual. Bradford lifted the bulk of the catalogue. American buyers took very little, . blit there was keen competition 'anloiiji the Continental buyers for pieces and bellies. The catalogue comprised 16,234 bales, ami about 85 per eent. or more sold under the hammer. file range of prices was:—

Southdown. —Super 16|d to 18R1; average, 14|d to Hid; fine halfbred super up to Kid; Corriedale, 13|d to 15Jd; coarse halfbred super, 14d to laid; average, )21d to 13fd; inferior, IOJd to 12d; fine crossbred, super 13d to 14Jd; average. Hd to 12d; inferior, 9Jd to )OJd; medium crossbred, super 12d to 13Jd; :ii<rage, IOJd to 11 Id; inferior, Bjd to Kid; coarse crossbred, super 12d to 13d; average, Hid to Hid; low crossbred, average, 9Jd to lOjd; inferior, up to hid; hoggets, 48-50, 14d to 15jd; 46-48, 12d to 133 d; 44-46, 12d to 13£d; 40-44, •lid to 12id; 36-40, up to 10|d; lambs, fine 11-ld to 12Jd; medium, I’Od to lid; seedy and inferior up io 9jd; pieces and necks, Hid. to 131'1; half bred up to lljd; crossbred, good to super, lOld to !2d- crossbred, low to medium, 81d to 9S<l; bellies, halfbred 81d to 9jd; crossbred. -good to super, Bjd to lOd; crossbred. low to medium. 6d to 8d; crutchings. medium to good. Hid to lOd; inferior ami seedy.- 4d to 7d; locks, crossbred, 4ld to. 7 Id.