WOOL ON RISE.

Auckland Star, Volume LXIX, Issue 286, 3 December 1938, Page 21

WOOL ON RISE.

HAWKE'S BAY SALE. ABOVE AUCKLANO RATES. advance ok last year. (By Telegraph.—l'ress Amweintion.) IIAS'ITXOS, Friday, The Continent and Bradford, and to a certain ox tent Aim*ri<*a, wore active at the first Ifawke's Bay wool sale of the season at Napier to-dav. \ teat lire of the sale was the-return of Belgium to the wool market, her spirited bidding acquiring fairly extensive lots. Japan was not in evidence, in sharp contrast to her prominence in sales held in recent years. Ihe selection of wool offering was excellent. and it was genera II v considered to be the best dip seen in Haw ke s Bay for vears. I here was a firm demand for the coarser grades of wool. America seemed to be more interested in the smaller lots. I'rices show an increase of approximately a penny per lb o\ cr last vcar and a clear rise mi the Auckland sale. I he sale i.s reported to be fully up to expectations. brokers' bidding bcintr steady and spirited. The top price realised was J4.WI for a »ood line entered by the estate of the late Mr. ■ lames I mid. It was super-medium crossbred, of 4(i to 4S count. It is estimated that as a result of to-day's auction well over £.'{.">o.l lIMI will be distributed among Hawke's Bav farmers. Official Range of Prices. Following is the official range of prices, based on average values, compared with prices realised at the first Napier sale last Near: — I»ec,. jn.TS I)ec.. m.17 d d d d

'I lie next auction will ],«> hr>l<l ;it Wi>l- - on Tuesday, wlion 24.0<Mt Iwli's will lie offeietl. The catalogue was JilU»<l on November 21. LOWER LONDON PRICES. 13 EM A NT) SLACKENS OFF. LONDON', Deoember 1. At the wool sale* to-day !J7o."> hales were offered. in<lii<|iny 1112 from New Zealand, nml T'-'IH liales were sold. I liei« a fairly itoo< 1 i^elei'tion. The demand. \vhi< > li subsided soniewlnil. was coil lined chiefly to the home trade. l'rieen generally were par to ."> |x>r cent lower compared with the close of the last series.

Southdown— A 1"1 to 11 5 1 1 J to 12 " nj to :>i :>i to k»j HalHirol. ."ili .'iS — • s »P'-r l li to 121 i;; to 14 I Avi'raji 1 li>i to lli lli to IJi Hitcrlor - - — 1"? to 111 Hnc < - rosKl>r«'«l. r>o-.">« - K»I"T 1 — i to 14 12 tol.H Avomirc ji tor.' ii to 12 ! „ InfTior lt» to Di] 10 to lti' Medium I '1-oi.slirctl, 4S-oO— s "I"'r 121 to 1 :ii 11 i to 12i I Ai>ra;c 1I>; to 11 i !i ; Kty Inferior Si to U > si to ;i Medium <*r»s»l>red. 4II-4K 121 to 1 11 11 i to 12-1 A vera iff HHtoli; ill Hi 111' Inferior SJ to 10 S to !l Low ('rossbred, 14 -4<V— 121 to 14 11 to 12 Avcniirc ])►{ to 11 l HI to nil Inferior Ii to 10 S to !i ivow < marred. 40-44 Su|H<r 12J to 14 — Aver hk<> lllitolli - Inferior !) to !»] I nsliorn Hoffjfcts— j!'!"-} 8 l"j> to 12 111 to 121 it»i to ia« mi,. i2i l°i to 12i 111 to 1 1 i „ **«--»*« 1)11 to 111 — N«'iks *"l>er J'»4 to 11 J 11 toll?. ... Avcrnne to 1«>J 1)1 t.> ] i» > l'ieri»s— 10 t„H !t;to1*> -Vv-r S2 to Hi KJ to !( H..ll^' WU,r 7 7 » 7 '"."3 SlllMT K to R1 S )o s , Tito 71 7 J to 7S 1 n ferior (i i to 7 (P 7 < rul< liiiiiTrt — !•! to 10J •) to ilj : U ; r, JK" 71 to Si 7? to N.J r»wkl" - r 4it " ''' 51 "i 1?!:: r? J 410 I s I'll to 1l>; S to ft ' °" s !l to 10