THE WOOL MARKET

Ashburton Guardian, Volume 50, Issue 263, 20 August 1930, Page 3

THE WOOL MARKET

SALE AT WELLINGTON. COARSE SELLS FAIRL.Y WELL. (Per Press Association.) WELLINGTON, August 19. The wool market was tested locally for the second time this winter by the sale" held to-day, when catalogues totalling over 4100 bales were ottered by seven brokers. Fully half the offerings consisted of fleece wool, and the prices realised were small comfort to growers. Passings were fairly frequent, and much of the better class fleeces were held over. There was a large bench of buyers, representing all sections of the trade Competition was well spread, but within well-defined limits Coarse wools sold fairly well, and in many cases did better than the fine sorts. Fleece wools generally were id to lid down on, Wellington's June sale rates and in some cases the drop was as much as l*d to 2d. There was a (rood range of crutchmgs, and competition for these was very keen, buper crossbred crutchings sold on a par with June rates, but average and inferior sorts showed a decline of fd. French and German buyers were the chief operators in fleece wool and pieces and secured the bulk. Bradford operated sparingly- Japan and Australia took a good proportion of the crutchings and pieces, and local buyers secured what they wanted.

Range of Prices. Following is the range of prices: d. d

THE NEXT NAPIER SALE. WELLINGTON, August 19. It was announced at the wool sale here to-day that offerings at the Napier sale will comprise 3463 bales, of which 2403 will be fleece and the remaindei current season's crutchings. . 1930-1931 FIXTURES. WELLINGTON, August 19. For many years the opening wool sale of the season has been held in Wellington, but this year Auckland will have the first auction, on November 25. This will be followed by Wanganui on November 28, Napier December 3. Wellington December 8, and Christchurch December 12. The order of other sales will be as follows: — „ Timaru—December 15, February b, and April 13. Dunedin—December 19, February 3, March 9, and April 10. Wellington— January 7, February 16, March I§, and April 17. Napier—January 12, February 1», March 23, and April 21. Auckland—Januarv 17 and March 2/. Wanganui—January 20. February 23, and April 23. Christchurch— January 26, March 2, and March 31. ,_, . 'lnvercargill—January 30 and March 11.

Medium Halfbred, 50-56— Inferior 7 to 8 Pine crossbred, 46-48 — Super Average Inferior 74 to to to si 8i 7 Medium Crossbred. 44-40— Super Average Inferior 7 to to to 8§ 8* 6! Coarse Crossbred, 40-44: — Super Average Inferior 7 to to to 81 9 62 Low Crossbred, 36-40— Average 7 to 7i CrutcnmgB— Merino Halfbred 3A 4} to to 55 6 J Crossbred: Super ... ••• Medium to good ... Seedy and inf. 7 5} 2 to to to Si 7 J 5i Belries and PiecesCrossbred ... •■• . Locks and stained pes. 3 to 1| to 6| 4