WOOL VALUES

Press, Volume LXXIV, Issue 22337, 26 February 1938, Page 14

WOOL VALUES

FIRM

OPERATOR

(PBESS ASSOCIATION TELEGKAH.)

Second Wanganui Sale

CONTINENT THE PRINCIPAL

WANGANUI, February 25,

Prices generally at to-day's second Wanganui wool sale of the season were fully firm on the Napier sale earlier in the week, but showed a marked decline when compared with the January sale.

A catalogue of more than 20,000 bales was offered to a full bench of buyers, and more than 80 per cent, of the catalogue was disposed of at auction. Competition was more spread than at the first sale.

Continental buyers were the principal operators, but Bradford operated freely on some lines. France was the chief buyer of iamb's wool. Jf.pan was not in the market.

The range of prices was:d. d. Fine Halfbred (58, 56/58, 56: > — Super 12J to 14 Average 10J to 11$ Medium Half bred (50/56, 50) — Average 10 to 104 Inferior 9 to 94 Extra Fine Crossbred (48/50)— Super 10 J to 11:1 Average 9 to 10 Inferior 8 to 51 Fine Crossbred (46/48's)— Super 11J to 12', Average 8:1 to 93 Inferior 74 to 8 Medium Crossbred (44/46's) — Super 101 to 11J Average 81 to 9.1 Inferior 7] to 8 Coarse Crossbred (40/44's)- - Average 8i to 9J Inferior 7i to 11 HoggetsFine (48/50's) 94 to 103 Medium (46/48's) . 9 to 91 LambsDown (50/56's) 11 to 14 Fine (46/50's) 11 to 12J Medium 94 to 104 Seedy and inferior 6 to 8 Bellies and PiecesCrossbred, good to super 7 to 84 Low to medium 6 to 63 Crutchings— Medium to good 74 to 84 Inferior and seedy 54 to 64 Locks, crossbred 4 to 5