BETTER PRICES.

Auckland Star, Volume LXV, Issue 22, 26 January 1934, Page 8

BETTER PRICES.

HALFBRED FLEECES. SALE AT CHRISTCHURCH. CROSSBREDS GO SLOWLY. (By Telegraph.— Association.) CHRISTCHURCH, this day. Halfbred fleece wool rose in price by from 2d to 3d per lb at the second Christcliurch wool sale to-day, compared with the rates at the first sale in December. Values for fine wools were about on a par with those of the Wellington sale, which was rccognised as the best sale to date this season. Crossbreds, and particularly the coarser types, were comparatively difficult to sell. Value# for them were about the same as at the first Christcliurch sale. The better prices for halfhreds represent an advance of from 10 to lo per cent ou the December rates. In view of the much larger proportion of fine wools in the catalogue, the average price per lb, -judged on the representative offering over the first four hours of the sale, is estimated at lOd, as compared with the actual average of 13.1 id at the December sale, an increase of 2.4 d and an improvement.of about £2 3/ per bale of 3131b. The average price per bale at the first sale was £1S 4/10. To-day it worked out at about £20 S/. The estimate of l(id per lb for to-day's sale is only .hid less than the Dominion average for the 1928-29 season. Account must be tf.ken, however, of the fact that the best wools of the Canterbury season were among to-day's offering and comprised a large proportion of it. Range of Prices. The range of prices up to lunch was as follows. Merino, super 20.Jd to 223 d average 18d to 20d; Corricdale, super 20Jd to 25.U1, average 18id to inferior liijd to lSd; line halfbred, super 21Jd to 24Jd, average lSd to 21d, inferior 14Jd to 17Jd; medium halfbrod, super IOJd to 20d, average 14Jd to 1 OAd, inferior 13d to 14Jd; coarse halfbred, super 13Jd to lOd, average 12 : jd to 13Ad; three-quarter-bred, super lo.Jd to 20Jd, average 11 Id to l.ld, inferior 9d to lid; crossbred, super 1 O.Jd to 14Jd, average SJd to 10(1, inferior 7Jd to BJd; bellies and pieces, merino 19Jd to 20d, halfbred 13Jd to 213 d, crossbred Oil to 15d, crutcliings 7.1(1 to 13Jd; locks lid to lid.