WOOL PRICES BETTER.

Hawera Star, Volume XLVII, 7 January 1928, Page 8

WOOL PRICES BETTER.

BR ADFORD ADA IN OPERATES OH R I'STOHIFRiOH SALE BUOYANT. GENERAL INCREASE IN PRICES. (by telegraph—press association.) CHRISTCHURCH, Jan. 6. The wool sale was resumed this morning, when the buoyant tone of the preceding night was fully maintained. Thrce-quarterbrecl wool, as a matter of fact, hardened perceptibly on the earlier offerings. Super halfbred sold at the best of the preceding night’s rates, with -Merino meeting with a brisker in. quiry. Medium halfbred, on the other hand, appeared to sell somewhat unevenly. but 141 to the preceding nighf’s values. Compared with the last sale at Christchurch in November, three-quar terbred may be described as from penny to a penny halfpenny better; fine halfbred was up to a penny better, whilst medium sorts showed a firming of-a halfpenny to a penny. Merino approximated "a good penny advance, crossbred was up to a penny a lb. better than in November, but pieces of all classes did no more than maintain the previous prices. However, at the earlier sale, pieces sold out of proportion to fleece. Competition appeared to be much more widespread than at the preceding sale. Australian buyers participated to some extent for medium halfbred wools, and there was improved activity by Bradford operators. In the wholecatalogue of 2'7,000 bales less than II per cent, was passed at auction. ’The top price of the sale ('2GId), was for twelve bales at halfbred. Four bales of Corriedale sold at 26d, and 12 at 23;|(1. Four bales of Bullock Creek Corriedale made 2Gd and the pieces 2lf d. A few three-quaf terbred lots made good prices, one of eight bales selling at 22}d, a second at 22d, and another at, 21-Id. An eight-bale lot of crossbred sold at 203 d, while some Corriedale pieces made 22d. Following is the range of prices:— Merino —

Extra super 344 to 26:1 Super aa to 24 Average m to fill -4 inferior 17 to 19 Corricdale — iSuper 224 to 26 Average 20 to 2i2 Inferior 18 to 194 Fine halfbred— Extra super- ' 244 to 264 Super OOJL to 24 Average 20 to 22 Inferior IS to ,194 Medium hnlfbred — Extra super 28 to 244 Super 21 to 224 Average 194 to 204 Inferior .17 to 19 Coarse halfbred — Extra super . 20 to 21 1 Super 185 to 19£ Average 17 to 184 Inferior m to 164 Fine crossbred — , (Super 17 to 185 Average 15 to 164 Inferior 134 to 144 Medium crossbred — (Super 15 to 164 Average ..’ 14 to 15 Average 134 to 14 Inferior 12 to 13 Bellies and pieces, Merino — Good to super 17 to fill Low and medium 15 to 164 Bellies halfbred — Good to super 16 to 175 Halfbred — Low to medium 134 to 154 Pieces— Halfbred. good to super 18-4 to 224 Halfbred, low to medium 14 to 18 Bellies and pieces. Crossbred — Good to super Low to medium 124 to 16 10 to 12 Cru tellings— Medium to good 94 to 125 Inferior and seedy .... 74 to 9 Locks — Merino 11 to 14 Halfbred : 9 to 114 Crossbred 64 to 8