WOOL SALES.

Auckland Star, Volume LVIII, Issue 41, 18 February 1927, Page 4

WOOL SALES.

FOURTH WELLINGTON SALE. OPENS WITH KEEN DEMAND. (By Telegraph.—Press Association.) WELLINGTON, Thursday. A keen demand for all classes of wool, particularly lambs' wool and pieces, was the dominating feature of the fourth wool sale, which commenced this evening. The wool was sold at satisfactory prices all round. There was an exceptionally keen demand made for lambs' wool, and the prices showed an improvement. There was also active competition for pieces, particularly on the part of Continental buyers. Good prices were also obtained for other oddments. The ordinary crossbred fleece wool showed no change on the Januaiy sale, but as the wool was heavier in condition the prices realised must be regarded as exceptionally good. Some of the wool offering at this sale is seedy, but this is not unusual at this time of the year. The briskness of the bidding may be judged from the fact that the first catalogue of 690 lots was put through in less than an hour and a-lialf, and that the prices were satisfactory was shown by the very small passings. The outstanding feature of the sale was the keen demand for lambs' wool and pieces. The 6ale will be resumed at 9 o'clock to-morrow morning.