AVERAGE CROSSBREDS

Evening Post, Volume CVII, Issue 10, 12 January 1929, Page 10

AVERAGE CROSSBREDS

BRADFORD BUYS WELL

KEEN COMPETITION

With an aggregate, catalogue of 27,000— the. quantity allotted .by the New Zealand Wool Committee—the third Welling ton wool sale.of the season .opened briskly to-day at the Town Hall. Bidding began cm the stroke of nine with a catalogue of-.6560' liales, followed by one of 3872 bales: : ;lt' was evident from thq outset that the .tone of the market was sound. As— the. first of the catalogues were disposedl of it became clear that super wools were selling, on a par with, and sometimes slightly better than, prices current: at the'sales'held here in December last. :. Medium '.crossbreds kept at about paty and- .for average crossbreds competition w.as very strong and there was a tendency'for them to make rather better prices'', than those realised . for such descriptions of wool at the December sale. ■ Inferior crossbreds sold very well indeed, 1 and at a slight advance oa rates ruling ■ for. them in December. For half bred wools the demand was not so keen,,and they had an .easier tendency oa the December rates by probably %d per pound,. Merinos were neglected, and the market was disinclined to fall into line with growers' valuations of these wools. Slipes were offered in limited quantities, and made, good prices. Lamb's wool met with very keen competition, ■and gave excellent returns to growers. Prices of bellies, compared ■• with those made in the December sales, were down, but pieces were about on a par with last sale rates. For necks there was a very strong demand. .

Bradford buyers were again a strong feature in the sale, and were prepared to lift a large quantity of wool. France keenly competed for all lambs' wool showing any quality, and paid very good prices for necks.- 'The United States was a good buyer of super lots, for which very satisfactory prices .were paid. Russia wiis eager to buy the fine crossbred.wools of good quality, and purchases for this market were relatively, heavy.. Gerinauy paid excellent prices for the inferior and low-grade crossbred wools., < Tlie strong,tone of.the market which characterised the, opening oftho sale ,was continued, up to- luncheon adjournment.