WELLINGTON WOOL SALES

Greymouth Evening Star, 22 March 1935, Page 5

WELLINGTON WOOL SALES

RANGE OF PRICES.

[PEB PBES9 ASSOCIATION.]

WELLINGTON, March 21. Contrary to expectations prices held fairly well at the wool sale. Bradford buyers bought largely. Operators on Canadian account keenly competed for better class Romneys. Compared with the February average, inferior merinos were a farthing to a penny per lb lower; fine halfbreds were a halfpenny to three farthings lower, and medium sorts were from par to a halfpenny down, while extra fine crossbreds were a farthing to a halfpenny lower, but. fine medium sold from par to a farthing advance. Coarse low crossbreds showed no change. Top nrice was 123 d for Pipitea super Southdown wool. Good hoggets were firm, the top price being 9d. Considering the general quality of the wool and the present state of the market, the sale was very good. A substantial clearance was made. The official range of prices is as follows, the February prices being shown for comparison: — Merino, 64/70 —60/64: Super, February 123 d to 143d —March nil; average 93d to lOld—9d to 9Jd, inferior S 3 to 9d—7d to Sd. Fine half-bred, 56/58: Super lid to 123d—lOd to 123 d, average 93d to 10Ad —Sd to 93d inferior 7LI to 9d—7d to 7§d. Medium half-bred 50/56: Super 10Ad to 103d—lOd to 103 d, average 72d to lOd —73d to 93d, interior sid to 73d —53d to 7£d.

Extra fine crossbred, 48/50: Super 83d to 9d—73d to 85d, average 63d to Bd—6£d to 7Ad, inferior 4|d to 6|d — 4£d to 63d. Fine crossbred, 46/48: Super 7d to 83d—7d to SAd, average 53d to 63d—53d to 63d, inferior 4d to 5-jd—4d to 5Ad. Medium crossbred, 44/46: Super 6d to 7 Id —63d to 73d, average 5d to si£d —5d to 6d, inferior 33d to 44a— to 4gd. Coarse crossbred, 40/44: Super 53d to 7d 53d to 7d, average 4Jd to 5Jd —41d to 5Ad, inferior 31d to 43d —2 id to ,4.3 d. Low crossbred, 36/40: Super 53d to 5L1 — average 4£d to 5d —4d to 43d. Hoggets, 48/50: 63d to lOd—sAd to 9d; fine, 46/48, 6Jd to 93d —53d to Sd; medium 44/46, 5d to 7Jd —4Ad to 73d; (Coarse, 40/44, 4|d to 63d —5d to 63d; low, 36/40 43d to 53d—nil. Lambs’ down, 50/56: 7d to 10Ad — 63d to 113 d; fine 44/50, 7d to 9gd—sld to 9d; medium 40/44, sid to 7d —3£d to 63d; seedy and inferior 2d to 6§d —21d to 53d.

Bellies and pieces: Merino, good to super 6d to IOJd —nil; merino, low to medium 53d to 83d —s§d to 6Sd; halfbred, good to super, 6d to 8|d —6gd. Halfbred low to medium, 4d to 73d — 3d to 53d. Crossbred, good to super 4d to 6Jd —32d to 6d; crosbred, low to medium, 2Jd to 4Jd —2Jd to 4d. Crutchings, medium to good, 43d to 6d—43d to 63d; inferior and seedy, l?d to 4d—- 2d to 4d. Locks: Merino 5^d —nil; halfbred 3id to 4£d —33d; crossbred to 32d —2id to 33d.

SYDNEY PRICES HIGHER.

SYDNEY, March 21.

At to-day’s wool sales 12,047 bales were offered, and 11,392 were sold, also 1047 bales privately. Continental operators gave increased support, and values for all better class wools were from par to five per cent, higher than yesterday. Greasy merino made 17d.

LONDON AND BRADFORD.

LONDON, March 21

! At tlie wool sales, 8,948 bales were 'offered, including 5,533 New Zealand ‘and 3,320 Australian. Approximately 8,298 New Zealand and Australian were sold. There was active Home and Continental competition. Crossbreds had a ready sale. Steady rates. Merino showed 5 per cent, advance on last closing. New Zealand greasy ’crossbred, Netherton top, Sijd, average 7 5-8; halfbred lamb slipe, top, Canterbury, 1/ —11 1-8. Bradford: Merinos very firm. Seventies 26id, sixty-fours 241 d, sixties 21Jd, fifty-sixes 171 d, fifties 13?.d,fortysixes 103;, forties 9J(L