WOOL MARKET

Dominion, Volume 25, Issue 170, 14 April 1932, Page 8

WOOL MARKET

Wanganui Final Sale RESTRICTED LIMIT® Prices Par With Wellington By Telegraph.—Press Association. Wanganui, April 13. The final wool sale of the 1931-32 series at Wanganui to-day revealed prices on a par with Mondays Wellington offering. There were a great many seedy and inferior clips in the total catalogue, which approximated. 16,000 bales, and as a result the price range was below what could have been expected for a clean offering. Germany, which invariably has been a keen competitor at Wanganui sales, was conspicuously absent; in fact, there was little or no bidding from the Continentals. The only occasional French demands were for pieces and lambs. Bradford, as usual, was on restricted limits, competing with Japan. It was very evident that the latter is becoming a keen competitor for Dominion wools of almost every class. Much of the wool offered had been held from previous sales, and in cases where the vendors were able to accom’modate their finances clips were passed. Wool showing quality was keenly competed for, but a vast accumulation of crossbreds, particularly of the coarser counts, is having a very detrimentaL effect on the demand for this type. The official range of prices was as follows: —

GOOD SORTS WANTED Dominion Special Service. Wanganui, April 13. Dalgety and Co., Ltd., report that 16.000 bales were offered at the wool sale and 10,000 were sold. There was no material alteration as compared with Wellington, when quality and condition are considered. Bradford was the principal buyer, the Continent operating sparingly. Bidding was keen on good wools and erratic on low sorts.

d. d. Halfored. 50/56 — Average 6 to Inferior 5 to bi Extra fine crossbred, 48/50 — Average 5 to 6 Inferior 3i to 4J Fine crossbred, 46/48 — Average 4 to Inferior ; 3 to 3i Medium crossbred, 44/46 — Average 31 to 4i Inferior 2 to 3f Coarse crossbred, 40/44 — Average 3 to 4 Inferior U to 21 Lambs. Down crossbred to 50/56 5 10 61 46/50 4 to ■54 Inferior 11 to 34 Pieces. 4 Crossbred 24 to 31 Bellies 14 to 24 Loi-ks 1 to ii Crutchlngs . 1 to 2i