DEMAND FOR WOOL.

Auckland Star, Volume LXIV, Issue 30, 6 February 1933, Page 5

DEMAND FOR WOOL.

FOREIGN COMPETITION

BETTER TONE IN MARKET.

HIGHER TXMAB.U PBICES,

(By Telegrap-h.—Press Association.)

TIMARU, this day. The second Timaru -wool sale was held this morning before a full bench of buyers. Bidding, though no unduly animated, was steady throughout, with the strongest competition from the Continent and Bradford taking small lots. The highest price was 12|d for halfbred. Three-quarter bred wools also attracted keen competition and were up about a penny on the last sale. Relatively the prices for pieces were better than for fleece wooL Buyers made allowance for increased, exchange, but the figures indicate a better tone in market. . The catalogues aggregated 20,408 bales, slightly in excess of the quota allocated for this centre. The quality throughout was satisfactory, and was equal to that at previous February sales. The following was the range of prices: Merino, 7|d to 10J; Corriedale, 9id to lid; crossbred, to llf; three-quarter bred, 6Jd to IOJdJ halfbred, 6d to 123 d; hoggets, 7d to lljd. Bejlies and pieces, Merino, 4}d to 9|d; halfbred, s|d to 9fd; crutchings, 6d; locks, Merino, 3id to 4Jd; halfbred, 3.Jd; crossbred, 2jd; Merino necks, 9Jd.