WOOL VALUES LOWER

Evening Post, Issue 52, 2 March 1935, Page 12

WOOL VALUES LOWER

THE QUALITY FACTOR

CHRISTCHURCH RESULTS

lliy lelHirrapli- I'reee Assni-i.iHini.i

CHRISTCHURCH, 'March 1.

j Values were weaker today at the third j Christchurch v.ool sale. The demand was | erratic and passings were heavy, approxiI uniting about IS pet; cent, of the catalogue. The wool was heavier iv condition than at the previous sale, but. makI ing allowance for this, the market was | easier on an average from '/id to %d a : pound. Singularly, it was the big properI tion of average halfbreed. w.ool that was most affected. Though erossbtcd was weaker, it was not in the same proportion as hiilfbred, while on the other hand merino of- quality sold freely at little in value. Top price of the sale was secured tor merino at 14 J/£d, the best C'orriedaie figure being- 13Hd. Germany and Japau bought very little,and the bulk of the wool was taken by Bradford and Francechange in value. Following are'thc range of values:— ■ 1 Jan. 28. Mar.l. - ■ d; ,].■: d. ■ d. Merino—, , ..Extra siipm-.. to 13% to M!i Super 11 'to 12 ' W'/i to 11 ' Aveiiice. .... »Vs to JDvi » to )0 .Inferior .... S lo fl V/« to 'SM C'orrfedalc— ■ , . : Kxtra.super . ■• to 15% to 131b Super -1.1 .to 12% WVi to 12 Average .... "!)'/& lo 10.% fl .to 10 Inferior ...... 7% to. 9 VA to SV S Fine Hailfbred— Kxtra super. '' to 15% to 12 ft Super 11% jto 13 10% to 12 Average ....10 to 114 0%. to. 10 . Infedor. .:.. 8 ,to 0%, VA to 9 Medium Halfbred— Extra super ." to 12-14 914 to 10!4 Super ...... 10 to 11 7% to 9'A Average .... 8% to 9% 7% to1 9',i inferior .... 6 to : 8 514 to 7% Three-quarterbrtd— Super ...... 7% to fl VA to S%< . ' Average ... OMs to VA 6 to G% Inferior ..... 5 to 6 4% to 59i Fine Crossbred — Super"'....:. fi to , .VA . 3.% to■■ 694 Average .... 5 to 5% ,4% to 5 J,i Inferior ...: 4> to i% - 3% to 4% Medium Crossbred—. Super; ...".. .'5% to gm r>v* to o Average '....-; 4%-to '5% iV* to 5 Inferior .... 3%, to 4% 3% to 4 Pieces-^- . • Super ....:. t0.12 to Mi Good 8% to OK • S to 8% .Medium .... 6 to . S'/i r>% to. 1% Infer, to ay. :J to 5% IVz to 5 BelliesGood to super 7% lo n o%*to 7% Infer, to ay. 3% to 7% 3!4 to C% Crutchings— . . : Med. to;good --1% to 6% ;i% .to 7 Inferior 3 to W 29i to 4 Locks— ■ Best ■(- to fi ' S% to 5Vi Infer, to mod. 3 to 3% "2% to 3/2 The wool, committee's .limit of offering for this sale was 25.000 bales, and the 'catalogue offered reached that number.'