WOOL RISING.

Auckland Star, Volume LXVIII, Issue 300, 18 December 1937, Page 4

WOOL RISING.

TIMARU SALE. BEST TRUES OF SEASON'. (By Telegraph. Special to ••.Star.') TIM AH l\ this day. As compared with values at C'hristchurch, halr'bred wools were Vid doaier at the i imaru sale and crossbreds 11 mil -if* I tn '><d higher. i lie official report of the South Canterbury Wool Brokers' Association states that there was a total ottering of 14.58J baits. A feature of the sale was the keen competition from local nulls and Continental buyers. \ alues generally exceeded the most . sanguine expectations, and as a result passing*; were practically negligible, almost a complete clearance being effected. Jhe clip this vein* opened up rather more heavily in condition than l&st year. The offering of hogget wool was of better quality than usual, better feed conditions during last winter being reflected in the soundness of the wool.

i The Range of Prices. | The following the ofKc-ial range of J — : i^'i r V U> -, er ' to 17V4J : medium, io'/feu to 14^4(1. line Ila !f bred.—Kxtra super, to 18% d" super. 16il to 17'.4d; medium, 14%,f to !•>-»'!: inferior. 12',4d to 13<1. .Medium Halfbred- Super, 14% dto IjH'l; a vera pre. 13d to 13%,1. Ihi «•<<-<!uai tnrhred. Super, to 14d' average, 1 I 'id to !2'4d. Meliupi Crossbred. - Super, to average. 10',id to 11 Vaf 1. Strong Crossbred.—lid to ISVsd. Hogget.— Merino: Super. to 17% d" m ednim, 14,1 to 1.5%,1. Ha If bred: Super', to 17%,1: medium, I.VI to lCVsd: inferior! 13(1 to 1 4'/id. Three-q uarterbred: Super' ;to 14%,1: medium, 12V4d to 13V4d: inferior', lid to 12d. Crossbred: Super to average. 11,1 to 12d. ' Xecks.—Merino: I4d to Halfio? c 'i to Three-quarterbred: IJA to 13d. Pieces.—Merino: 12% dto 14>4d. Half- * l/' , ft > I^r '- Three-quarter bred: £>%d to 11 Vid. Crossbred: S%d to lOd. Bellies—Merino: 10d to Halfbred: l(H4d to 12d. Three-quarterbred: 9d to 10% d. Crossbred: Rd to 9'/£d. TT < -;^ utcl ] in ß fi '~~ Merino: B%d to ]o%d. Hair bred: BV£d to 1 Three-qnarter-bred: 9d to llVid. Crossbred: B'Ad to 10% d. Locks.—Merino: 7d to 7%d. Ralfbred: 6d to 7d. Three-quarterbred and crossbred: to eVsii. The final sale before the Christmas vacation will be held at Dunedin on Tuesday next. The offering is estimated at under 25,000 bales. TOP PRICE AT CHRISTCHURCH. Top price of 20V4d for four bales of super half-bred ewe wool sold on behalf of J. F. Scott. Mount Pleasant, was paid at the Christchurch wool sale on Decemo° r P' r °f\ orts tlle Christchurch "StarSun." This was purchased by a local mill, the Kaiapoi Woollen Manufacturing Company, Limited. CONDITIONS IN YORKSHIRE. Reviewing the position of the wool market as at December 1 X Messrs. Winehcombe, Carson, Limited, reported:— "Yorkshire, for a considerable period very hesitant in purchasing, haa of late bought wool in larger quantities in all markets. The decided falling off in exports of tops to China has been, one o£ the chief causes of English uneasiness. It is certainly a lose, as Bradford shipped 10,000,0001b to China in a year, but it is only a relatively small portion of Yorkshire's business. Exports of woollen and worsted fabrics from Great Britain this year have been larger than twelve months previously. Within the British Isles conditions for business in textiles are favourable. The great manufacturing industries of the United Kingdom are well employed. A Leeds report states that for the period of the year more overtime was being worked in the clothing factories than for several years. As a whole, therefore, the English establishments have no cause to be depressed. Any slowing up in salee of goods hats been due to the fear that prices for the raw material would fall further."