WANGANUI WOOL SALE

Evening Post, Volume CVI, Issue 129, 28 November 1923, Page 6

WANGANUI WOOL SALE

PRICES SLIGHTLY IN SELLERS' FAVOUR.

(BY TELEGRAPH PRESS ASSOCIATION.)

WANGANUI, This Day. The first wool sale of the local Beason opened this morning, ■ before a full bench of buyers. The offering approximated 13,700 bales, composed mostly of medium and low crossbreds, with a small proportion of good super Romneys, and a fair proportion of old wool, fleece, crutchings, lambs, bellies, and pieces catalogued, some suffering from staleness. The sale was marked by confidence and keenness of bidding in all classes, crossbred being eagerly competed for, with extreme rates for good, clean, bulky bellies and pieces, which principally went to Australia and France. The Continent and Bradford were keen opponents for the bulk of the fleece wool, that offered being secured between these two. Japan and Italy competed free- : 1>" and took a fair quantity wools suitable for the trade, but local scourers generally found pieces beyond their limits, and avere only small buyers. Super crossbred sold to Hid; super Romney cross, 16d to 17d; Southdown sold well, .Bradford being the principal operators up to -23d; super bellies and pieces, 12d to H^d. Compared with Wellington and Auckland prices for similar wool, the prices are slightly in sellers' favour, and, as was the case at Wellington, Bradford buyers of super wools were higher than American operators.