THE WOOL MARKET

Evening Post, Volume CXXX, Issue 3, 3 July 1940, Page 10

THE WOOL MARKET

REDUCED IN SCOPE

The great Continental textile industry is now practically all in enemy hands, and no competition for raw material can be experienced from it.

Of the world's large wool consumers, only Yorkshire, the United States, and Japan remain as possible appreciable users of Australian and New Zealand supplies in their mills. The British contract for the purchase of the clip has snabled appraising to continue, and growers in due course to secure payment for their product. Sheepskin values, however, are lower because of lack of French demand.

THE FUR TRADE

RABBITSKINS IN HIGH

DEMAND

The fortnightly sale of rabbitskins was held at Dunedin yesterday, the offering exceeding 50 tons. Demand still continues, -and all grades were in reauest. Exporters operated freely, with New Zealand furriers giving good support for lots suitable for their trade. Compared with rates ruling at June 25 hatters grades sold at par to slightly easier. Furriers sorts, especially bucks, were keenly competed for, and on the average bucks sold 3d to 6d dearer and does Id to 2d. Some nice hnes of winters were again forward, first bucks selling to 125 d, second bucks to 117 d, first does to 84|d, first early bucks to HOd, spotted bucks to 92£ d, and second does to 73_.d. The official range of prices was as follows:—Small 15* dto 163 d a lb;/unners, 25Jd to 283 d; light racks, 34d to 363 d: prime racks, 28d to 32d; summers, 27|d to 30£ d; dawny autumns, 30gd to 33d: first early autumns, 40d to 43d; first late autumns, 63d to 67d; first incomings, 82Jd to 87d; second incomings, 70d to 77|d; first early winter bucks, 109 dto HOd; first early winter does, 76|d to 80d; spotted winter bucks, 80d to 92id; spotted winter does, 81$ dto 64d; second winter bucks, 96£ d to 117 d; second winter does, 71d to 73Jd; first winter bucks, 120 dto 125 d; ftrst winter does, 82d to 84£ d; outgoing winter bucks, 72d to 82_.d; outgoing

, winter does, 54d to 60d; furrier does, ' 76d to 78d; spring bucks, 55d to 68£ d; spring does, 39d to 48d; first milky, 38id to 40id; milky, 25£ dto 27Jd; summer broken, 263 dto 28§d; autumn broken,- 33d to 34d; second winter broken, 35d to 36d;. first winter broken, 39|d to 41d; summer fawns, 36d .to 36$ d; autumn fawns, 54£ dto 67d; first winter fawns, 78d to 85s; summer black,- 34^d to 45id; autumn black, 37|d to 46d; second winter black, 53|d to 59d; first winter black, 72d to 75£ d; first hareskins, 22£ d to 44d; hareskins. 17£ dto 22|d; horsehair, 24d to 30£ d; first ferrets, 9s 6d to 12s 4d.