COMMERCIAL

Grey River Argus, 14 June 1933, Page 4

COMMERCIAL

WOOL SALES. IMPROVED TONE. (Aus. & N.Z, Cable Assn.) (Received June 13 at 8. p,m.) SYDNEY, June 13. At the wool sales 11,320 bales were offered; 10,112 were sold, 6,348 pri* vately. There was very strong competition in all sections. The American demand was again a dominating feature. Prices generally were very firm at the opening day’s the rates for all descriptions, with a hardening tendency for good spinning wools. Greasy merino made seventeen pence. In June 1932, wool values in Australia were on the lowest level since the depression began. They are now thirty to forty per cent, above that period. At recent Brisbane sales, prices were 7| to 10 per cent, higher than the Sydney market was in May. HAWKE’S BAY MARKET. WAIPUKURAU, June 13. Exceptional prices ruled at Qentral Hawke’s Bay weekly sale at Waipukurau to-day. There was a large yarding of fat sheep, seventeen ewe lambs realising £l, and three pens 235, five prime wethers 14s 9d, 58 others 14s 6d, 26 ewes 14s 2d, 70 two-tooth stores 13s 4d. j