THIRD WOOL SALE

Evening Star, Issue 22517, 9 December 1936, Page 10

THIRD WOOL SALE

STRONG MARKET FOR AVERAGE CROSS-BRED AMERICA AND LOCAL MANUFACTURERS ACTIVE [Per United Press Association.] WELLINGTON, December 9. Buyers were on the bench in full strength at to-day’s Wellington wool sale, with Bradford, the Continent, United States, Japan, Australia, and New Zealand well represented. Bidding was steady, but not quite so exciting as at some other_ sales. There were practically no passings. Prices were on parity with those at Napier, and showed the market to be strong, especially for average cross-bred. Typical prices early in the sal© were:—Cross-bred, 13}d to 14Jd; medium cross-bred, 14d to 16dj fine cross-bred, 15Jd to 17id; super, crossbred, 18d to 22d: half-bred, 17d to 22d; Southdown, 20Jd to 23|d; Corriedale, 17£d to 20d; Lincoln, 15Jd to 16id; Romney, 14d to 16d; lambs, lOd to 15Jd; bellies and pieces, lOd to HJd to 12Jd; necks, 13id to 16Jd. Towards lunch it became apparent that lower qualities were in rather slacker demand than at the opening. Passings, though not many, were becoming more frequent. The market, in fact, was somewhat erratic. America was predominant in its demand for higher qualities. Local manufacturers were active competitors for higher quality wools, and one company paid up to 24£d for a line of half-bred.