NAPIER WOOL SALE

Dominion, Volume 28, Issue 124, 19 February 1935, Page 9

NAPIER WOOL SALE

Prices Firm Compared With January 80 PER CENT. SOLD By Telegraph—Press Association. Hastings, February 18. Prices at the third Napier wool sale of the. season, as compared with the January sale, were very firm, but any choice lots were in the sellers’ favour. A total of 24,264 bales was offered. Passings did not appear to be frequent. The total purchases probably reached SO per cent. Satisfaction was expressed that a certain German buyer who had previously not operated largely made a number of purchases. The average price was about 30 to 35 per cent, lower than that realised ■ at the February sale of last year. There was a full attendance of buyers representing practically all sections of the industry in different parts of the world. Bidding at times was very spirited. Generally speaking, the wool was disappointing from a buyer’s viewpoint, probably accounted for by some choice coast wools being held for disposal in March. In spite of this there was a keen demand for wool at defined limits. Bidding .was well spread over all sections of benches, all buyers participating. Bradford lifted the bulk of the wool with strong competition from the Continent, Japan and,Canada. Low quality and seedy wools were a trifle easier. Necks and pieces, and bellies were in strong demand, at prices about par with the previous sale. Lambs’ wool, of which there was a large quantity offered, was at times erratic, since there was a marked difference in prices realised for the wool from the first and second lambs of some clips. " ■ Following is the official range qf prices: Merino —'Nil. Corriedale — .Super—not quotable. Average—Not quotable. Inferior—Not quotable. Southdown— Super—Nil. Average *., 93 to 10JInforior 7i 9 HaWbred, sG’s— Super—Nil. Average—Nil. Inferior—Nil. Halfbred, 50 to 56’s— Super—Nil. . Average » to 10 Inferior v 73 to S 3 Extra Fine Crossbred, 4S’s to 50’s— Super -. * 84 to 94 Average 6} to 8) Inferior 5i to 1 63 Fine Crossbred, 46/48’s — , Super 7 to S Average 51 to 63 Inferior 4} to 5£ Medium Crossbred, 44/4.6’s — Super 53 to 61 . Average 5 to 53 Inferior "4 to 5 Crossbred, 40/44’s — Super 51 to 63 Average 43 to 33 Inferior 34 to 4) Crossbred Low, 36/40’s — Super—Nil. Average 44 to 6 Inferior 34 to 43 Hoggets — 50/STs 84 to 94 50/54’s 1 74 to 94 4S/50’s 64 to 93 46/48’s 54 to 73 Necks— Super 7 to 8 Average 54 to 64 Seedy and inferior 44 to 63 Pieces —' Super 54 to 64 Average 4 to 5 Seedy and inferior .... -i to 31' Bellies,— Super 4) to 53 Average 34 to 4 Seedy and inferior 24 to 33 Crutehings— Good to super 5 to 6 Average ". 34 to 44 Low 23 to 33 Crossbred locks .. 23 to 33 Lambs, 48/50’s— Good to super 84 to 10 Average, slight seed ... 6J to 8 Seedy and inferior .... 4 to 5 Lambs. 46/oO’s— Short seedy inferior .... 2 to 3}