PRICES MAINTAINED

Wairarapa Times-Age, 8 March 1939, Page 2

PRICES MAINTAINED

SECOND TIMARU WOOL SALE . i EXCEPTIONALLY GOOD CLEARANCE EFFECTED. GROWERS MEET THE MARKET. 6 (Bv Telegraph—Press Association.) TIMARU, March 7. i Taking everything into consideration ' the second and final wool sale of the season in South Canterbury which was i held in Timaru today was quite satisfactory. So far as prices were con- ; cerned there was no quotable change on the Christchurch sale last week, and the desire of growers to meet the , market was evidenced by the fact that passings were negligible, representing less than 1 per cent. Competition was keen throughout from a bench of buyers which was fully representative of the wool-con-suming countries. The total catalogue, which was a shade more . than 30,000 bales, was a record offering for this centre. . The Continental section dominated the market, Germany buying very freely The Dominion mills competed strongly for the better Merino clips. The very slight fluctuation in prices at the recent sales throughout the Dominion did not give the growers any hopes of a record sale so far as prices were concerned, and the majority were no doubt satisfied to find the sale firm on Christchurch. For the majority the returns were probably not payable, but from the very few passings registered it was perfectly clear that 99 per cent of the growers were desirous of accepting whatever price the clip would realise rather than hold back and find the market falling considerably. One of the features of* the auction was the fact that passings were far less numerous with relatively lower prices prevailing than they were at a period when wool was bringing 14d and 15d a lb. Top price for Merino was 164 d, paid for 13 bales Estate W. Mathias. Mackenzie Country. The halfbred top price, I4Jd, was for a binned lot, as was also 12:;d for three-quarterbred. The Corriedale top price, 13Jd, was secured by Gorman Bros, Hakataramea.

The official range of prices is:— d. d. Merino — Extra super 14 to 16} Super 12 to 132 Average 104 to 113 Inferior 8} to 10} Fine halfbred, 56/58’s — Extra super — to 142 Super 12 to 133 Average 10 to 113 Inferior 73 to 93 Medium halfbred, 50/56’s — Super 11} to 12} Average 10 to 11} Fine crossbred, 48/50’s — Super 11 to 12} Average 10 to 103 Inferior 83 to 93 Medidm crossbred, 46/48’s — Super 101to 113 Average 9} to 10} Inferior 8 to 9} Crossbred, 44/46’s — Super 10 to 103 Average 9 to 93 Inferior — to 83 Leicester — Super — to 12 Average 9 to 10 HoggetMerino 10 to 15} Ha If bred 10 to 123 Fine crossbred 10 to 11} Crossbred 10 to 11 Bellies — Merino ft 7 to 9} Halfbred 7 to 83 Crossbred 7 to 81 Crutchings— Merino 6 to 8 Halfbred 5 to 74 Crossbred 4 to 8} Necks — Merino 10} to 113 Halfbred 9 to 11} Fine crossbred 9 to 11 Pieces — Merino 8 to 103 Halfbred 7 to 10} Fine crossbred o to 9} Crossbred 7 to Locks —. Merino ' 5 to 61 Halfbred 4 to 5 Crossbred 4 to 43