WELLINGTON WOOL SALE

Evening Star, Issue 19763, 13 January 1928, Page 3

WELLINGTON WOOL SALE

NOVEMBER PRICES RECOVERED IPbe United Press Association.] WELLINGTON, January 12. •The third wool sale of the season, which commenced in the Town Hall on Wednesday evening, was finished today, and proved to be one of the most satisfactory sales held in Wellington. The catalogues were quite up to the January standard of quality. The wool came from the Wairarapa, Manawatu, Southern Hawke’s Bay, Marlborough, and Nelson. The cross-bred wools were in good supply, and generally excellent in condition, and bright merino wools from the Marlborough district were quite above the average, attracting the keenest competition from the nulls in New Zealand, also from Bradford. Every section of the trade was represented on the benches, and practically every section was wanting wool. Competition was more general than at the November sale, when the Bradford buyers seemed to be holding back, while at the sale just closed they were keen buyers. The competition generally was as keen as at any sale held in Wellington for many years. The withdrawals were comparatively small—just a tew odd lots of bellies and pieces and crutchings. There were a few Jots of fleece wools withdrawn, owing to high reserves, and it seems impossible to guard against this, for there are always some growers keen to beat the market.

Some of the best Marlborough dips were marketed, including the wellknown Richmond Brook clip of 275 bales. Of this clip a line of 3 bales sold at 2(ssd, the top price, and the whole clip must have averaged the best prices this season, taking the size of the clip into consideration. Half-bred wools were in plentiful supply, and there was general competition for them from dominion mills and from Bradford and Continental operators. There were probably no lines equal to the best average in December, but the best average quality was well represented, and registered an advance of ijd. Down wools were also in fairly good supply, and the well-known “Katatano,” from the Wairarapa, made up to 25d, this being the highest price realised. The Americans were more in the market at this sale than at the previous sales, and paid very good prices up to 21id, but the bulk of the wool made 19d to 20d.

Average cross-bred wool seemed to bj wanted by all buyers, and there was very keen competition, prices advancing from Id to IJd. Lambs’ wool was in fair supply, and was of good length, as compared with the _ previous sale, owing to the wool having been shorn later. The best of the lambs’ wool sold at 22J, the bulk selling at 19d to 20d.

Bellies and pieces did not meet the same attention as as the previous sale, and the prices were slightly lower. Taking the sale all through, it can be said that the decline in December has been recovered, and prices were equal to the November parity. It seems very probable now that prices will be maintained for the rest of the New Zealand season.

The official range of prices is as follows ;

Merino, 64-70, 60-64— Dec. 5,1927. Jan. 11,1928. Super 25d to 27d 243d to 26jd Average 21|d to 24d 21id to 24d Inferior 18£d to 20d 18id to 20d Fine half-bred, 56-58-Super ... 22£d to 25d 23id to 24id 1 Average 19jd to 22id Slid to 23|d Inferior 17id to 19d 18d to 20jd Medium half-bred, 50-56— Super 20d to 22d 22d to 23d Average 19d to 20|d 20id to 22d , Inferior — 16jd to 19£d Coarse half-bred. 48-50— Super 18Jd to 20|d 20d to 22|d Average to 18d 163d to 19|d Inferior 13id to 15d 14£d to 16|d Corricdalc— Super 22d to 24d . 23£d to 24id Average 18|d to 21Id 19|d to 23id Inferior 16d to 17jd 17d to 19id Fine cross-bred, 46-48— Super 17d to 18^d 18|d to 21id Average 15d to 16|d 16-id to 18id Inferior 13d to 14|d 14d to 16d Medium cross-bred, 44-46— Super 16d to 17d 17d to 19d Average 14d to 15id 15d to 16id Inferior 12d to 15|d 13|d to 14$d Coarse cross-bred, 40-44— Super 14d to 15d 15id to 17d Average 12d to 13Jd 14d to ISJd Inferior lOd to 12d 13id to 14d Low cross-bred, 30-50— Super 13id to 14£d 14id to 15Jd Average lid to 13d 13id to 14|d Inferior 9d to 10jd 12d to 13d HOGGETS. 48-50 14d to 19,3d 16d to 22ici Fine— 46-48 14d to 18d 16d to 21d Medium— 44-46 ... ... 14d to 16|d 15d to 18|d Coarse— 40-44 13id (o 15d Low— 36-40 ... . 12d to 14d LAMBS, Down 50-56 .. 17d to 20d Fine 44-50 ... 16id to 19d 17id to 223d Medium 40-44 17d to 19d Seedy and inferior 13id to 15id BELLIES AND PIECES. Merino, good to super 14-.U1 (o 17£d 15d v to 18|d Low to medium lid to 14d 13d to 15d Half-bred-Good to super 15d io 18d 16d to 18|d Low to medium lid to 14d 12d to, 15id Cross-bred— , Low to medium 8d to lid 9Jd to 12id CRUTCHINGS. Medium to good 9jd to 12d Hid to 12d Inferior and seedy 6d to 8d 41d to 8d LOCKS. Merino lid to 12jSd lid to 12id Half-bred 8d to 9jd 8|d to 10|d Cross-bred ... 6d to 8d 7d to 81d