WOOL MARKET

Gisborne Times, Volume LXXIII, Issue 11827, 7 January 1933, Page 5

WOOL MARKET

S ECOND WELLING TON S ALE-. CROSSBRED ADVANCE FROM id . TO Id. " AI : L ' grades share in WELCOME. RISE. BETTER PRICES for. HALFBREDS NEARLY WHOLE CATALOGUE SOLD. LITTLE OLD WOOI; ABOUT. .Press Association. - ? 1 • WELLINGTON, Jan. 6. e market for crossbreds advanced trom avfartbing to one 'penny, for Ml grades, at the /second Wellington sale heid in the Town. Hall to-day, mainly as the result of competition by Jafpan. Before the sale, the-expecta-tions;: were that the market would o firm on December prices so that e rise, although a. small ono was doubly welcome.

There was very strong Competition for fine wools, commonly called halfbreds. Dominion mills, 'japan Bradford, and the Continent bidding very freely. The quality of this wool was somewhat better than that offered at the first Wellington sale, on December 10 and better, prices were realised. This market can be quoted as Tally firm on December prices. Passings were few, growers showing o disposition to meet- the market.

The catalogue approximated 29,500 bMes and authoritative estimates were that 92 per cent. was. disposed of under the. hammer. The quantity of old wool was much loss than that at the first sale and it would seem that, so far as Wellington is concerned little old wool is about. The sale lasted six hours.

Tho range of prices (December sale prices being given in parentheses) was as follows:

Merino.—Extra super (none) hone; super (up to 9d) 9'd to Ulfd; average (7.R1 to Sid) 7l’d to Bjd ; inferior (6}d to 7Jd) 7d to 73d. Fine halfbred, 56/58. —Extra super (lOjd to 121 d) lid to life! ; super (9d to l.Old) Old to 103 d ; average (63d to 9d) 7d to 9fd ; inferior (old to 61 d) 0.3 d to 63d. Medium halfbred. 50/56 —.Extra super (none) 10d to lid; super (83d to 93d) 9d to 93d; average (6fd to Sid) to 7-3 d; inferior (43d to 6}d) 4Jd to- 61d. ' Extra fine crossbred, 48/50.—Super (6d to 7 id) 7Lcl to Ski; average (4d to 6d) sod to 7d (23 d to 4d) 3d to 51d. Fine crossbred, 46/48.— Super (4Jd io 63d) old to 7RI; average (34d to 4-kl) 4d to old; inferior (2d to Old) 23d to 33d. Medium crossbred, 44/46. —-Super (4i-d to 53d) 43d to 6id; average (3d to 4-id) Sid to 44d; inferior (lid to 23-d) lid to 3d.

Coarse crossbred, 10/44. —Super (33d to 5-id) 4-ld to old; average (23d to Old) 3d to 4-id; inferior (lid to 2-id) Id to 23d. Low crossbred. 36/40.— Super (43d) up to 4-id; average (2d to 4d) 2id to 3fd; inferior (none) up to 2Jd Hoggets, 48/50. —(4Jd to Sid) od to ScT; fine, 46/48 (4d to 7-Jd) 4d to 7id; medium, 44/46, (2id to od); 3jd to 61 d ; coarse, 40/44 (3id to 5Jd) 3d to od: low 36/40 (Lid) : none.

Lambs, Down, 50/56. —(41cl to 75d) 7ld to Pd: fine, 44/50.—(0d to 7\d) s id to 8d; medium. 40/44. — (3d to 4d) up to sid. Seedy and inferior.—(lrl to Id) 2id to s ld. Bellies , and pieces.—Merino, good to super (53d) 6Jd to Sgd; merino, low to medium (2d to 21 d) 2-d to 6|d: crossbred, good super (2-Id to 6d) 3d to 6d; xbd, low to medium (Id to 3id) lid to 33d. Crutchings.—Medium to good (2d to 4ell 2fd to' 43d- inferior and seedy (id to 2d) id to 2id. J joc k.s, —Merino (none) 2? 2 d to 33d; halfbred (none)" 2*d to 3id; crossbred (Id to 2d) lid to 2d.