WOOL TRADE.

Auckland Star, Volume LXVII, Issue 289, 5 December 1936, Page 4

WOOL TRADE.

VALUES AT NAPIER. SIMILAR TO AUCKLAND. JAPANESE - AMERICAN SALE. (By Telegraph.—Press Association.) I-lASTIXOS, Friday. Values for wool at the opening sale of the season at Napier to-day, except for hoggets, which were fully twopence, easier, showed little change on the market at Auckland. Top price of the sale was 2394(1 for four bales of halfbrcd, while another good price was 23d for a line of six bales of Corriedale-cross. Good-styled fleece wools sold well, with extra good quality ewe fleeces making to 18% d. There was a keen demand for necks, bellies and pieces lots, this type of wool frequently realising well over the shilling mark ami reaching the high level of nVul. Just over 27.000 bales were offered to a full bench of buyers. The clip in general was equal to the best offered in Hawke's Bay for sonic years, being clean and showing a definitely improved tendency towards finer quality. There was an entire absence of the animation which characterised last year's sale at Napier, activity being confined to practically half a dozen operators. Selling opened quietly, and in the earlier stages proceeded slowly with )>oncinnen displaying little enthusiasm. Bradford was in the market early in the sale, but dropped out to a large extent before the first catalogue had been completed. Henceforth tlie market was dominated by Japanese and American interests, with French buyers taking lots to suit requirements, particularly pieces. Although their buying orders were not disclosed there was every indication that Japanese buyers, who were in the market for all types of wool, would list at least CO per cent of the offering. Keen interest was taken in the sale and was reflected in an unusually large attendance of growers. Little inclination was displayed by buyers to speed up the sale, and a reluctance to bid at times caused it to drag. Range of Prices. | Range of prices was: —Southdown. A 20d to 23d, B 16d to lO'/ad ; halfbrcd. 56-58, I super 21d to 23d, average l!)d to 20'/id, inferior nil; halfbrcd. 52-56. super, 20d to 21% d, average 18d to lSHfed, inferior 16d to 17d; extra fine crossbred, 48/50, super 18d to 19'/id, average loVsd to lGVzd, inferior 14d to 15d; fine crossbred, 46/48, super 17d to 18d. average 14VS>d to 15V4d, inferior 12d to \3V2d; medium crossbred, 44/40, super to 17% d, average 14d to 15V£d, inferior 1194(1 to 13'4d; coarse crossbred, 40/44, super 17d to 18d, average 14(1 to ISV&d, inferior nil; strong crossbred, 36/40, super 16% d to 17H(1, average 14d to 1514(1, inferior nil; hoggets, 56/58 20d to 22% d, 52/54, lOd to 21d, 48/50 15V6d to IdVsd, 46/48 15d to 16(1, 44/46 nil; lambs, Down, not sufficient to quote; necks, super I 15V£d to 17(1, average 13d to 14Mid; inferior and seedy lid to 12cl; pieces, super 13d to 14% d, average ltd to 12d, inferior and seedy, 9V&d to 10V6(1; bellies, super 12d to 13d, average lOd to lid, inferior and seedy, BV£d to 0d; crutchings, super 14d to 15d, average 12d to 13d, inferior and seedy, 7%d to 9(1; locks, crossbred, 8d to lOd.