PRICES KEEP UP.

Hawera Star, Volume XLVIII, 21 November 1924, Page 7

PRICES KEEP UP.

AT NAPIER. WOOL SALE

FURTHER, RISE FOR SOME LOTS.

(BY TELEGRAPH —PRESS ASSOCIATION; XAPI ER. Nov. 21. A full attendance of buyers, representing American, Bradford,’ Continental and New Zealand manufacfaced the rostrum at the -second avool sale of the -season at Napier this morning. There had been much speculation a-s to Av-hether 'Wellington prices would be maintained. assumption that a still further rise Avould in some directions be recorded proved correct. Bidding, though steady, AA'as rarely meteoric, it being evident in the great majority of cases that the elastic limits permitted American and Bradford buyers could stifle most of the outside competition. In the earliest lots offering prices showed a rise of an average of -a penny per pound over Wellington. This did not apply in all ease£ isolated lots, chiefly Southdown, not reaching sellers’ reserves. Though the top price so far recorded was 82’d for fine SonthdoAvn aa'oo-1 , prices for good crossbred lots Avere steady at from 27d to 29’,d, while for necks, pieces and cnitcliing-s the demand Avas phenomenal, crutchings that were passed in at the .August sale at 13d realising 17d. Lambs’ wool AA'as also keenly sought, thoggh little Avas offering. The general tone of the sale. Ava-s verv buoyant and steady. ,Thc avool offering was of excellent -class, mostly early clips from the Heretannga Plains district and coastal stations.