FURTHER RISE

Evening Post, Volume CXI, Issue 70, 24 March 1931, Page 12

FURTHER RISE

PRICE OF WOOL

THE WANGANUI SALE

(By Telegraph.—Press Association.)

WANGANUI, This Day

Wool values were firm at the Wanganui jale yesterday, the third of the season at • this centre, and in some cases they showed an advance of one halfpenny on Wellington prices. '-.'.< The percentage! passed from the combined catalogue of .18,000. bales was practically nil, nearly all brokers . reporting total clearances —if not under the hammer, then by private treaty after tne sale.

Wanganui wool invariably includes a good deal of inferior and seedy classes, and taking the quality into consideration, •the sale all through was1 a good one, reflecting an; upward trending market.-When prices were at their lowest ebb at the Wanganui sale in January, the average price per bale worked out.at roughly £5 13?. Yesterday .it reached . approximately £0. Brokers anticipate that firm ■'values ■will be .-maintained-' until the. end of the sc/ison. .•,.-■ ■'..--,'.. ■ • '..-■'■ - . The official range of prices is as follows: -..••:■:..■-■ • :- -■'.• A.._ .d. ■:

Southdown, .£0/56: : .".■■..- Super. 0 to 9% Average .....: 8% to 8% .- Inferior ... .\....... ,7 to 7% ," Crossbred,, 48/50: ■■ . ' ■ ' Super 9 to 0% ..Average ■ 8 to 8% Inferior :...... 6% to VA ..Crossbred, 46/48: ' ' ' ' Super. , ■... 8 % to 8% .-..Average .714 to 8Vt '■■ Inferior &\'s to 7 'Crossbred, 44/4C: - ';■. Sili«f .....'..- ".8 . : to 8% ' Ayerijge —......... -7 to 7% Inferior- .,.'■.'.'.i....... 5% to 61i ■ Crossbred, 40/44: ' .. Super. •. ......: 8 ,f,o 8'i " .'Average .. : .... 694 to'. 7%. .'■' Inferior , ■ . , .... .•.■'. -— ■ to . — Crossbred, 36/40: . Average;.. 6 to 0% :: Inferior. — to — : Dowivvlarabs: : ... 1 Average . ......;..' 8 to 9 ' •;. Super ■;•■ 10% to .10% . feeedy and inferior .. ■ 4% to 5% . Crossbred lambs: • . iSirpijr.. ...10 i to 10% :, .Average ;.,.,,....... 8% to 9% ;■■ - ■beady., and-inferior ...; 4% to 6 i Hoggets, 50/56: - ■'.].}>' ;. '.Average .'.........'.... 9 [j !; 48/50,;: average ....... .8% to 9 ■•; r/M/48, average ;.......':.-8 •:- ;:,Nedks ';.;:.............. 7 to ; 8 BeiJies and pieces: ' ; v'>Good ■ v... '5Yz to 6% ./■■Average- ■:........:...; '4% to' 5% . ! Crutchings: ' : . . ■ V ::Good; :........'.:,rm to 5% , ! .; Inferior and seedy- ... 3 to: 4 , '-Locks ........:...... 3 to i /.