WOOL MARKET

Gisborne Times, Volume LXXXIV, Issue 12752, 7 January 1936, Page 5

WOOL MARKET

GOOD SALE AT WELLINGTON.

BULK OF CATALOGUE SOLD. CROSSBREDS SLIGHTLY DEARER (Press Association. Y WELLINGTON, Jan. G. Exceptionally keen competition from start to finish and an excellent clearance of a big offering were the features of the, second Wellington wool sale to-day. . T,he total, catalogued was 30,450 bales and 27,766 were sold at auction. There was a fully . representative bench of buyers. Bradford took a much more prominent jiart in tho sale, while German buyers assisted in giving stimulus to the market. Some large orders wore filled for Japan and the Continent and buying also was done for Canada, the United States and Australia. New Zealand mills were also operating on suitable lines. The top price was ISd for a line of Southdown. The first catalogue of 6400 bales met with keen competition. Buying was wider spread than at the last sale with a demand for fine wools still strong. The wool generally opened up attractively. It was light in condition and better grown with an estimated increase in weight of one pound per fleece more than last season. Ewe wool was sounder.

Representative prices realised early in tho sale were: Corriedale, lOd to lOd ; merino, 13d to 154(1; halfbred, 12d to 14d; tliree-quarterbred, 9d to 103 d ; halfbred hoggets, 9/<l to 12d ; fine crossbred, 9cl to ]Od; crossbred lambs, 9|d to 10/d; super lambs to 12d; Lincoln, 8d to 83(1; bellies, Gd to 7/d; necks, 8d to 9d ; pieces, 6fd to Sd; crossbred, lambs’ crutchings. 6d to 6pi. A line of Southdown hoggets, four bales, made 17d. Crossbred were about ->-d to 4d better than at the December sale.

The range of prices is as follows, the figures for the December sale being given in parentheses: Merino. —Extra super (none) to 183 d; super (154 d to 17^cl) 15/d to 163 d; average (133 d to loci) 13/(1 to 143 d; inferior (none) to 13d.

Fine halfbred; 56/58. —Extra super (none) 17Id to ISd; super (134 dto 153 d) 15d to 16’d; average (11/d to 13/d) 12d to Kid; inferior (Old to lid) 10RI to ll£d. Medium halfbred, 50/56. —Super (llld to 1.3R1) 12£d to 143 d; average (9£d to 12d) 10Id lo 12-Jd : inferior (to 8Id) 93d. to load. Extra fine crossbred, 48/50. —Super (lOld to 12d) lH,d to 113 d ; average (Sid to lid) Sjjd to lid; inferior (7d to Bid) 71d to Bid. Fine crossbred, 46/48. —Super (Old to lOld) 9£d to lOld; average (8d to O/jd) S’d to 91d ; inferior (Gd to 73d) 7d to Bd.

Medium crossbred, 4-1/46. —- Super (9-id to 103 d); 9.1 d to 10.UI: average (8d to 9d) 7jd to 9d ; inferior (6d to 73d) 7d to 7/d. Coarse crossbred, 40/44.—Super (Sfd to 19.Vd) 83d to 1 Oid; average (7/d to Sid) 7ld to Bid ; inferior (Gd to 7id) 6d to 71d. Low crossbred, 36/40. —Average (7d to 7R!) 73d to Sad. Hoggets, 48/50. —(Tkl to 13d) B£d to 11-id) ; fine, 46/48, (8d to 103 d) S.}d to l()f.; medium, 44/46 (7Jd to 9/d) 7d to 91 d; coarse, 40/44, (7/d to fid) 6d to 9id.

Lambs, Down, 50/5G. —(85d to lOfd) 9-id to 103 d; fine, 44/50 (8-kl to 12-id) dto 12)d ; medium, 40/44 (7d to 9,',d) 7Jd to lOd; seedy and inferior (5d to 7-id) 41d to 8)d. Bellies and pieces.—Merino, good to super, (8)d to 13)d) 10-id to 13.0-1 ; merino, low to medium (to 75d) 7Jd to 92d ; halfbred, good to super (7;[d to 9id) 7)d to 105 d ; halfbred, low to medium (to 6id) Gfd to 8d; crossbred, good to super (6)-d to S|d) 7d to 9J-d; crossbred, low to medium (4|d to 8d) 3id to GRI. Crutehings.—Medium to good (Gd to 75-d) oid to ,8d; inferior and seedy (4d to 6Jd) 3Jd to Bid. Locks.—Merino to 55d) to Gsd ; halfbred (4jd to sd) 43d to s)d; crossbred (4d to 6,\d) 25d to s;|d.

SYDNEY WOOD SALES

PRICES PAR TO 5 PER CENT. UP. (U.P.,-. fi.V Elet. fed. Copyright). (Received Jan. G, 10.20 p.m.) SYDNEY, Nov. G. At the wool sales 12,359 bales were offered, of wdiicb 11,879 were sold and 1195 bales were disposed of privately, under very strong competition from the Yorkshire and Japanese sections, supported to a great extent by the Continental section. Values were from par to 5 per cent, higher than the closing December rates, the improvement being most pronounced qn all well-grown descriptions. Comebacks and crossbreds when free participated in the improvement. Greasy merino sold to 22fd.