WOOL MARKET.

Grey River Argus, 11 February 1929, Page 5

WOOL MARKET.

Timaru Sale. FAIRLY GOOD. TIMARU, February 10. The second South Canterbury wool sale of the present season concluded on Saturday morning. The main catalogue was disposed of in five and hours. Taken all round, the sale was fairly satisfactory. Prices for super half bred wools were down fully 2£d per lb on the first sale hell here in December. On the other hand, inferior halfbreds were disposed of at prices relatively higher than those secured for super lots. Three-quarter-breds and crossbreds went down about Id on the first sale of the season. The demand for merinos was restricted to a small range of buyers, and although the prices secured at auction were disappointing, quite a reasonable quantity was disposed of later at prices which were in many cases in advance of those obtained at the auction. There were not sufficient competitors at the auction to send: merinos along. Even though prices were easier at this sale, the growers generally met the market feeling that wool was still at payable prices. The Woolbrokers ’ Association have not supplied the official range of prices, but the following is the approximate range:—

Merino, super 18d to 21£d, average 16id to 17fd, inferior 14d to 21ld; halfbred, super 19d to 214 d, average 17d to 18fd, inferior 14 d to 16|d; Crossbred, super 15d to 17|d, averagf 13d to 14fd; three-quarterbred, «upd 18|d to 21d. average 16fd to 18|d, inferior 12|d to Corriedale, super 18d to 20fd. average 16d to 18d; bellies and pieces: Merinos, good to super Hid to 17fd, low to medium B|d to ll}d; half bred, good to super 15fd to 19d, low to medium 10id to £ls|d; crossbred, good to super lid to 15$d, fine dead 18|d to 19|d, average 10|d to 153 d; cotted llfd to 15|d; crutchings lOd to 13d; neck pieces 16d to 17fd; Corriedale pieces 154 d to 18Ad; comeback up to 19|d, fine zlack up to 14fd.