INYERCARGILL WOOL SALES.

Dominion, Volume 3, Issue 720, 20 January 1910, Page 6

INYERCARGILL WOOL SALES.

.;:•; ■■Eißß : nf : PßidEß; '■:■■;;.; '..;■/ ■■•.-... (By. .TeleerapK-Prcss Association.) : . "■'. Inucrcarsill, January 13. At the second wool sales of- the season, held to-day,, prices' generally ruled higher than have been secured in other ■■ centres this eeason-for the.same Quality and condition of wool. All round, the prices were exceedingly, satisfactory,, and the'top prico , secured ■ (13»d.) was an: advance. of Jd.. on the December best,, and : of at least <Zd. on the' highest ■ total : secured in ■'; Invercargill for many years, paet. Then, again, very many-lots fetched prices in tic neighbourhood of'ls. (under and over), and the greater bulk of the bales submitted realised decided advances, 'even reaching to an increase,of 4d.. on', inferior lots.. For 'to-day's-, saio buyers 'made their arrangements in anticipation of a rise in the English markets ;of 10 to 15 per cent., and bo on.' After tho sale had started, cabled advice arrived ■ showing that expectations had : been realised to / the •• extent of increase of at least '10 per' cent. - Competition, was, therefore/ stimulated,," and the sale went with a.swing. The following are tho prices:—Merino, superior •to : good • none offering; good .to moderate, BJd. to Bd.; halfbred, , superior to good, none; good to medium, 10d. to ,BJd.; medium , to inferior, Bd. to 71d.; fine crossbred, superior to good, llld. to 10d.; good to medium, 9Jd..to Bd.; medium to inferior, 71d. to 6id.j strong 'do., superior to good, lOd. to. 9d.j good to medium, BJd. to 7d.; medium to inferior, 6Jd. to .4iuV.:." ■'.■'.' - ■■■••■.',-■'.-.'-,■ ■■'■■ •-.: ->■:■ ■■ .