WOOL MARKET

Ashburton Guardian, Volume 59, Issue 46, 3 December 1938, Page 2

WOOL MARKET

FIRST HAWKE’S BAY SALE. ADVANCE ON AUCKLAND PRICES. (Per Press Association.) HASTINGS, Dec. 2. The Continent and Bradford, and to a certain extent America, were active at tho firs? Hawke’s Bay wool sale of the season at Napier to-day. A feature of the sale was the return of Belgium to the wool market, her spirited bidding acquiring fairly extensive lots Japan was not in evidence. Tho selection of wool offering was excellent, and it was generally considered to be the bold clip seen in Hawke’s Bay for years. There was a firm demand for coarser grades of wool. America seemed more interested in smaller lots. Prices show an increase of approximately Id per lb over last year, and a clear rise on the Auckland sale. The sale was reported to be fully up to expectations, brokers’ bidding being ready and spirited. The top price realised was 14-Jdi for a good line of wool entered hy the estate of the late James Todd. It was a line of super riiedium crossbred of 46 to 48 count: The range of prices was as follows :

CHRISTCHURCH, This Day. The Christchurch Woolbrokers’ Association| ad vises 'that the order of selling at the first sale in Christchurch on December 12 will b.e as follows: 1. Dalgetv and Company, Ltd. 2. National Mortgage and A., Co. 3. N.Z. Farmers’ Co-operative Assn. 4. H. Matson and Company. 5. Pyne, Gould, Guinness, Ltd. 6. N.Z. Loan and M.A. Co., Ltd. BRADFORD TOPS MARKET. LONDON, December 1. The Bradford market is listless. Quotations are: Merinos—7o’s 27d, 64’s 25 £d, 60’s 24id. Crossbreds—s B’s 21Jd, 56’s 19d, 50’s 17d, 46’s and 44’s (nominal) 16d.

The Rainge of Values. The following is the range ■ of prices: Southdown A d. d. 10 to 11J Southdown B 8i to 9* Fine Halfbred, 56-58— Super — to m Average 10i to HiFine Crossbred. 50-56— \ , Super * ... 12i to 14 Average 11 to 12 Inferior 10 to 105 Medium Crossbred, 48-50— Super 12i to 13J Average 10 to lli Inferior ... ' ... 8-i to 9i Medium Crossbred, 46-48— Super 12$ to 14i Average 101 to lli Inferior 8J to 10 Low Crossbred, 44-46— Super 122 to 14 Average 10J to lli Inferior 9 to 10 Low Crossbred, 40-44— Super 12i to 14 Average 10i to lli Inferior 9 to 92 Hoggets— 56-58 -X to 12 52-54 10$ to 13i .48-50 10$ to 12-i 46-48 10$ to lli Pieces— Super 10 to 11 Average ... ( ' Inferior and seedy .. 8i to 9i 4 to 7i Bellies— ‘ Super ... ... n 8 to 8i Average -i ' 7-i to 75 Inferior and seedy .. 6i to 7 Crutchings— Super 9i to 105 Average 7i to .8i Inferior and seedy .. 4i to 6 Locks— Good 45 to 5i Ordinary 35 to 4i Necks ... 9i to 11 Bead Wool — A ... — to 105 A 8 to 9 Cotted 9 to 10 FIRST CHRISTCHURCH 1 SALE,