THE WOOL MARKET

Ashburton Guardian, Volume 48, Issue 86, 21 January 1928, Page 7

THE WOOL MARKET

SECOND WANGANUI SALES. PRICES VERY FIRM. (Per Press Association.) WANGANUI, January 20, , At the second sale of the 1927-28 season to-day the following was the range of prices, together with that of the first sale held on November 22. Not since the boom sale of the 1920 season has the wool market assumed such a healthy, buoyant tone as tonight, when prices exceeded the mosft sanguine expectations, showing a good rise oil the recent Wellington sale. Prices have steadily hardened since the Christchurch, Wellington and Napier sales, however, until the highest prices of the season were reached to-day. The catalogue comprised 25,000 bales and practically all was sold under the hammer. Growers have every reason to be satisfied with the splendid prices realised, and the outlook for future sales is exceedingly good.

Range of Prices. The following is the official range of prices : Fine Crossbred!, 46-48

THE BRADFORD MARKET.

LONDON, January 19. At Bradford, the tops market is less active, advanced quotations checking business. Quotations are as follow: — 64's, 53d; 60' a, 48d; 56's, 41d;. 50's, 31d ; 46's, 26|d ; 40's, 24d.

Super Average Inferior d d 20 to 214 17 to 194 154 to 164 Medium Crossbred, 44-46— Super Average Inferior 17i to 184 16 to 17 144 to !54 Coarse Crossbred, 40-44-*-Super Average Inferior 15 to 18 14 to 154 134 to 14 Low Crossbred, 36-40— Super Average Inferior 144 to 15 14 to 144 124 to 134 HoggetsSuper Fine' Medium ... ... Coarse Low 19 to 204 164 to 184 154 to 164 144 to 15 134 to 14 Lambs—■ Down ..j Fine Medium , Seedy and jnferior ... 22 to 24 22 to 24 17 to 21 13 to 15 Bellies and Pieces— Crossbred: Good to' super Low to medium 124 to 14 8 to 12, Crutchings— Medium to good Inferior and seedy ... 9 to lOi 6 to 84 L Locks— Crossbred 6 to 74