FINAL WOOL SALE

Dominion, Volume 25, Issue 172, 16 April 1932, Page 12

FINAL WOOL SALE

Offering at Napier HALFPENNY BETTER Comparison With Wanganui By Telegraph—Press Association. Napier, April 15. A disappointing offering as far as quantity was concerned, and prices up to Id better than those ruling at the Wanganui sale earlier in the week were, the outstanding features of the fifth and final wool sale of the season at Napier to-day. Only 3364 bales were actually submitted to the buyers. The smallness of the quantity no doubt was due to the fact that sellers were not willing to meet the market at prices ruling at the present time, while many of those who gave instructions for their wool tp come before buyers found that their reserve prices were too high for buyers, with the result that a considerable quantity passed. The offering was of fair average wool, with a few lines of super wool included. Bidding was keen up to the limits, and prices obtained were 4d dearer than those at Wanganui, and back to the level at the time of the Wellington sale. There was a small entry of lambs’ wool, this being only medium in quality with the bulk containing seed. Prices for this class were the same as at Wanganui and other late auctions. The entry as a whole, like most late shorn back-country wool, was not of a particularly high order, and comprised mostly crossbred. There was a very large and representative bench of buyers. Bradford competed strongly for wools of all types, and secured the bulk of. the offering, Japan also coming in frequently for better classes of wool. France also strongly competed for pieces suitable for requirements. RANGE OF PRICES The range of prices are as follow

Southdown — i d d Average . 5J to 6J Medium h^lfbred — Average .. . 6i to 7i Coarse halfbred— Average . 45 to 6 Fine crossbred— Super ......j. . 6 to 6} Average . 4? to 51 . 2| to 3* Medium crossbred— Average . 3J to Inferior ........... . 1 to 2} Coarse crossbred— . 3 to 4 . 1 to Hoggets. 48/50 . 3} to 6* 46/48 . 3| to 4* Lambs, 46/50 . 35 to '*'i Seedy and inferior . Ji to 3 Nooks . 3 to 5} Pieces — Good to super . 3 to 35 Low to medium to 3 Seedy and inferior ... . li to 11 Hellies— Good to super ..... o to 3} Low to medium . 1 to 11 Crutchlngs— Good to super ...... to Low to medium . 1 to 21 Seedy and inferior . to 01 Locks— — Crossbred . 0} to li