WOOL TRADE.

Auckland Star, Volume LXVI, Issue 204, 29 August 1935, Page 4

WOOL TRADE.

CRTJTCHINGS ANI> ODDMENTS. GOOD SALE IN CHRISTCHUHCH. (By Telegraph.—Press Association.) CHRISTCHUKOH, Tuesday. Tlie more encouraging prices recorded for wool at crutchinge and oddments Bales I in the North Island this month were fully 1 realised at a supplementary sale held here. There was ;t good attendance of buyere and for selected descriptions competition was active throughout, at juices showing a considerable advance on those inliiijj; for similar types at the end of the season. The offering was 2100 bales. The main competition was for Lhe better .sovtK of fleece and pieces, which were in limited supply, and Eor the better crutchings, particularly for crossbred* ;md low half and tkreequarter-breds, where they were not too heavy. For best .sorts there wan a very active demand, in which all section* of the trade shared. For crutcbinge the value was 2d per 11> up for sorts thatovere wanted. Fleece wool \v;iri definitely dearer, but, as there was so little of regular finality, it is a little difficult to say exactly how much. In a number of instances wool which was passed in earlier in the season at 8d to 9d made lid or more, but for fleece and pieces the sale was erratic, following' quality very closely. At the auction passings were, heavy. but there was little of the wool offered in the saleroom and not sold which was left in the brokers' hands an hour after the sale. In many instances growers appear to have an over-optimistic idea of the .strength of the market, and munj lines were, passed in because they were held on limits not justified by the actual state of the market. As was the ease at the main series the Continent was active for better-cla.ss pieces, selected crutchinga, and such of the Heece wool offered as showed quality. Local scourers and fellmougere, who are generally the mainstay of a supplementary sale, found that the Continent and Bradford were both strong competitors. The best price for the sate was 13d, which was paid for one bale of halfbred. For two bales and four bales of similar wool 12% d was paid, and 12d or better was paid for several lots. Any fleece wool of good quality 'had little difficulty in making lid or more. Halfbred necks made up to ll%d. The price for the better crutchings offered was from 6d to B%d, and little was sold below 4d. Crossbred crutehings were worth up to 7(1, but the range for better sorts was from 4 1 , id to 6%d. Even loeke sold well, and little wool of any description changed hands at less than 3d. ■ SALE IN TIMARU. SATISFACTORY CLEARANCE. (By Telegraph.—Press Association.) TI M ARU, Wednesday. Values recorded at similar recent sales in the North were fully:realised at the Timaru supplementary wool sale to-day, when 1890-bales were oH'eied. There was a representative bench of buyers and keen competition resulted for any fine fleece and lieece wools, while good prices were obtained for three-quarter crossbred fleece. Fine crutchings were on a par with recent sales, and in comparison stronger than crutchings. Compared with values at the March Timaru sale, fine Heece wool generally showed a rise of 2 ! /fed to 3V£d, while there were isolated cases of an even greater advance. Prices of fine wool were 2d to 3d ahead of the March sale. The top price of l'S'.id was obtained for two lots of halfbred and a lot of comeback, this representing an increase of %d on the Ghristchurch sale. Values were: -Merino, lid to 13d; fine hnlfbred.- lid to 13% d; medium halfbred, lOd to 12d; three-quarterbml, 7d to lO'/id; fine crossbred, 6d to B*3; strong crossbred, 5J4d to 7M=d: halfbred necks and pieces. lOMsd to 12Vid; Merino pieces. lOd to 12d; halfbred pieces. 5d to IOd; throequarterbred pieces, 4',£d to "Vfed; crossbred pieces, 4d to 5%d; halfbred crutchings (extra good), to 894 d: halfbred crutchings (average to good). Sd to 6%d; threequarteibred crotchingß, » l M to 7d: crossbred crutchings, 5Hd to 6Vid; lambs' erutchiugs (including half and threequarterbred), 4d to SV-id.