WOOL PRICES.

Auckland Star, Volume LXV, Issue 90, 17 April 1934, Page 8

WOOL PRICES.

SOME INCREASES.

TO-DAY'S IVANGANUI SALE. DROP IN SOUTHDOWN. (By Telegraph.—Pross Association.) WANG AN Ul, this day. The prices bid for flcece wool at today's sale were little different from the February rates. Ary lots showing quality of 50 count and above were slightly dearer, while rough, shoddy and coarse crossbreds werei. just a trifle easier. Pieces and bellies, etc., also showed a decline on February values. Lambs' wool, of which there was a fair quantity offered, was decidedly easier, except possibly the very best lots free of seed and of good length 'and colour. There was not so keen a demand for down wool.

Taking the general quality of the wool offered into consideration the sale must be considered satisfactory. There was alnutst a total absence of really good stylish lots and most of the offering was of average grade, many showing seed and skirts. The catalogue submitted aggregated 25,000 bales.

Compared with February rates, prices bid for 48V> and over wore firom Ad to 2d higher, and for medium and coarse crossbred from par to Id higher. Southdown was lower than the February level by 2d to 3d per lb.

With stocks of wool in stores and in Towers.' sheds substantially reduced, there should be more conlidence in the future.