HIGHLY SATISFACTORY VALUES

Evening Star, Issue 22248, 28 January 1936, Page 6

HIGHLY SATISFACTORY VALUES

CHRISTCHURCH WOOL SALES KEEN DEMAND FOR BETTER CLASSES [Per United Press Association.] CHRISTCHURCH, January 27. The second Christchurch wool sale of the season, which was held to-day, was a most satisfactory one for growers of line wools. An improvement in the values ruling at the first sale was expected in sympathy with the improvement at the London sales, hut prices yesterday definitely exceeded expectations for all the better class wools. Super, wools were higher than at the December sales by Id per lb, and fine pieces by about 2d. Coarse wools were from par to id better, and slightly in sellers’ favour. Compared with recent auctions in the Dominion, passings were negligible, representing about 3 per cent, of the total offering. The top price so far this season was obtained for a line of Corriedale selling at 20-id. Comeback wool made to 19d and half-bred and merino to 18£d. A total of 28,366 bales were offered. The clip was of excellent quality, but barely up to the average of the second sale. Some of it was heavier in condition. Apart from this, the wool was clean and well grown. Some of the best of the province’s clips were forward, and, in addition, there was a good representation of Marlborough wool. The proportion of coarse wool was comparatively small.

RANGE OF PRICES. Tho official range of prices was as follow:— Dec. 12, Jan. 27, 1935. 1936. Merino — Extra super. to 17 to 18* Super. 15* to 161 16* to 17* Medium ... 12* to 15 13* to 16* Inferior ... 10 to 12* 11* to 13* Corriedale — Extra super. to 19* to 20* Super. 15* to 17* 16 to 18 Medium 12* to 15* 13* to 15* Inferior 10* to 12 11 to 13 Fine half-bred-Extra super. to 18* to 18* Super. 16 to 17* 17 to 18 Medium ... 13* to 15* 14* to 16 Inferior 10* to 13 11* to 14 Medium half-bred — Extra super. to 14* to 15 Super. 12* to 13* 13* to 14* Medium .. 10* to 12* 11* to 13* Inferior 9 to 10* 10* to 11* Extra fine cross-bred— Super. 10 to 11* 10* to 12 Medium ... 8* to 9* 9 to 10 Inferior 7* to 8* 7* to 8* Fine cross-brec — Super. 9* to 10* 9* to 11 Medium ... 8 to 9 8* to 9* Inferior 7 to 7* 7* to 8 Medium cross-bred — Super. 8* to 9 8* to 9* Medium ... 7* to 8 7* to 8* Inferior 6 to 7 6* to 7* Pieces— Super. to 14 to 17* Good 10* to 12 12 to 16 Medium 8* to 10 10* to 11* Inferior 7 to 8 8 to 9* Bellies— Good 9 to 11 10 to 13 Inferior to average 7 to : 8* 71 to 9* Crutchings— Medium to good 6 to 8 7 to 8* Inferior ... 4 to 5* 4* to 6* Locks— Best 5. to 6 5* to 6* Inferior to medium 3* to 4* 4 to 5*