RAPIER WOOL SALE

Evening Star, Issue 21079, 16 April 1932, Page 19

RAPIER WOOL SALE

RISE ON WANGANUI PRICES [Pin United Press Association.] HASTINGS, April 15. A disappointing offering as far as quantity was concerned' and prices up to -Jd better than those ruling at the Wanganui sale earlier in the week were the outstanding features at the filth and final wool sale of the season at .Napier to-day. Only 3,3G4 bales were actually submitted to buyers. The smallness of tho quantity was no doubt due to the fact that sellers were not willing to meet tho market at the prices ruling at tho present time, while prices ruling at tho present itme, while many of those who gave instructions for their wool to come before the buyers found that their reserve prices were too high for tho buyers, with tho result that a considerable quantity was passed. The offering was of fair, average wool, with a few lines of super, wool included. Bidding was keen up to tho buyers’ limits, and the prices obtained were id dearer than those at Wanganui, and back to the level ruling at the time of the Wellington sale. There was a small entry of_ lambs’ wool, this being only medium in quality, tho bulk containing seed. Prices for this class were the same as at Wanganui and other lato auctions. The entry as a whole, like most lateshorn back-country wool, was not of a particularly high order, and comprised mostly cross-bred. There was a very largo and representative bench of buyers. Bradford competed strongly for wools of all types and secured the bulk of the offering, Japan .also coming in frequently for tho better classes of wool. The French buyers competed strongly for pieces suitable for their requirements.

Tho following is the range of prices:— Southdown— Average, 5Jd to 6sd. Medium half-bred— Average, Gijd to 7|d. Coarse half-bred— Average, 4£d to 6d. Fine cross-bred— Super., 6d to 6Jd. Average, 4Jd to 5Jd. Inferior, 2§d to 3|d. Medium cross-bred— Average, to 4^d. Inferior, Id to 2^d. Coarse cross-brod — Average, 3d to 4d. Inferior, Id to 2Jd. Hoggets—481b to 50lb, 3Jd to 6|d). 461 b to 481 b, 3Jd to 4*d. Lambs—--4.61b to 501 b, 33d to 71 d. Seedy and inferior, lid to 3d. Necks, 3d to sfd. Pieces— Good to super., 3d to 3|d. Low to medium, 2d to 3d. Seedy and inferior, lid to l|d. Bellies— Good to super., 2d to 3Jd. Low to medium, Id to l|d. Crutchings— Good to super., to 3-^d. Low to medium, Id to 2-Jd. Seedy and inferior, to |d.