DOWN A PENNY

Evening Post, Volume CXI, Issue 93, 21 April 1931, Page 12

DOWN A PENNY

•WANGANUI WOOL SALE

' (Special to "The Evening Post.") : '.' " WANGANTJI/ This Day. Prices realised at ; the wool sale.yesterday wore down by fully Id Per . pound on-the previous-sale, average wools maintained prices realised, .af Wellington las week. Over 18,000 bales were oflered, ol which ft lame proportion, was. passed in. Sh buyers competed strongly-for good limbs-wool." but the strength, of the, bi dint; came from tlie Continent BradfSrcl and Japan' were more or less quiet, "the majority of the lots offered were S c4h Competition was keen, but buyers wel evidently limited,to a definite priceWellington prices were fully maintained. Messrs. Levin and Co. repor,t offering 143 d fcalcs. They report: "As comparedimsh the sale here on 23rd March, the. follow-in"-are the changes downward in detail:— Down wools, Id lower;. fine crossbred, 46/48, super, %d lower; average and inferior, 3d to l%d lower. Medium crossbred 44/46, average and inferior, Id lower, hoarse crossbred, 40/44, average and.inferior, %d to Id lower. Low crossbred, 36/40, average and inferior, ; Yzd lower. Pieces and bellies, %d lower. Lambs, super ,%d lower; average Id to 2d lower. _ Messrs.'Murray, Roberts, and Co., Ltd., offered 810 bales. As usual at the last sale there was a predominance of- wools in seedy condition, and practically no super style wools. A few lots of good lambs came under good competition from French buyers, who were also buying medium to good pieces freely. The strength of .the bidding mainly came from' Continental buyers. Wright. Stephenson and to., Ltd , in conjunction with Newton King, Ltd., offered 4796 bales. Prices .were slightly easier than those realised at the t'ecent" Wellington sale, and in comparison with the last sale in Wanganui were down about Id on ordinary fleece .wools, and lVz& on lambs and Southdown. i-The top price in the catalogue was for n : line of A A lambs sold on. account Jhs. Campion which realised 9%d. The best price for fleece wool was for a six-bale line of line crossbred branded CC-Tehue, dol/1 on account Mr. W. Craig, and realisiiig B%d; . \v i The New Zealand Farmers Co-op. Distributing Co., Ltd., bales, included some p'f ■•' the best wools offered .this season. 'Competition was keen at prices fully On a par with those ruling at the Wellington sale. ...... ' The. official range of prices was as follows: — 50/50: ■

■; .. Super None ottering. v' Average 7% io 8% :. 'interior 6% to- 7% . . 48/50: ;>'■ Super 7% to 8% '•-• Average 6% to 7% '.S' Inferior 4% to 6 '46/48: '■: Super 7% to 8% ',;" Average 6% to VA ' Inferior ... 4% to 6 44/46: • ' „ ■„.'. ' ti. Super ............. None oftenng. ''■ ' Average -.«... 6 to 7% ; -:| Inferior 4% to 5% -0/44: Super None offering. '•-■ Average 6 to 7 -Inferior 4 to SVa 3o/40: ;: Super ., None offering. : .' Average ........ 5 J/_ to 6% J- Inferior ....,.>.... 4 to 5 Hoggets: ■:"■ 48/50 7 to 8% >! 46/48 .....,..r... 7 to 8 ';.;-■-44/46 :-.....- o1^ to 7% Lambs: • ■■•, Down ' 8% to 9 •i Fine 7 to 8% „<-:',■ Medium 6% to 7% V ', ■ Kecks and pieces ... 5 to 6Vt i,,. Good 4 to 494 '.;■;. Low to medium ... 3 to 4 Cnitchings: ,-., , ' ■ ;'.'. Good ..v..J../i.. t 4 to 4Vz '-.'•■ Medium V.i.i...; 3 to 3Vz Low ..;.:..;.... 2 . to 3 ;;: Locks .2 to 3