WOOL PRICES.

Hawke's Bay Tribune, Volume XI, Issue 54, 17 February 1921, Page 5

WOOL PRICES.

BRISBANE SALES. DEMAND FOR SUPER GREASIES. (Received 17, 10.15 a.m.) Brisbane, Feb. 17. The third series of wool sales brought a strong demand for super greasies from Japanese buyers. Prices were on a. par with December rates. A feature of the sale was the unexpected demand for scoured specialities. The well-known Afton clip sold at 4<B|d, the highest price since the sales re-opened last year.—(A. and N.Z.) CHRISTCHURCH SALES. SLIGHT FIRMING IN FINE GRADES [Per Press Association.] Christchurch, Feb. 16. The fourth Christchurch wool sale commenced this morning. The offering comprised 21,784 bales, compared with 20,692 at the last safe a month ago. but up to the adjournment to-night at eleven o’clock, half of the lots offered were passed in. The range of prices so far as the sale has progressed are:— Super merino, 14d to 20d; medium merino, 12d to 14d; super half bred, 14d to 15d; medium halfbred, 9sd to 13d; inferior half bred, 8d to 9|d; super threequarterbred, 9d to lid; medium threequarterbred, 8d to B£d; inferior threequarterbred, 4d to 6£d; super crossbred, 5d to 7d; inferior crossbred, 3d to sd; best halfbrod pieces, 9d to 12|d; medium halfbred pieces, 5d to 8d; Yrossbred pieces, 34d to 6d; locks, 2d to 4d. There was a full bench of buyers and competition was keen for all good lines merino especially meeting keen competition from continental buyers and local mills. Best halfbreds were keenly sought after, as also were good light crossbreds, but wasty and inferior wools won very little animation. Bidding was most irregular all through the sale, especially for inferior crossbred. Taken all round the sale indicates a firm market for well-known merino and halfbrcdS; with a falling tendency nf from Id to 2d on all inferior lines. The sale is to be continued 10-morrow. BIDDING SLOWER TO-DAY. Christchurch, Feb-. 17. The last catalogue of the fourth wool sale this season sold to-day comprised roughly 6000 bales. The bench of buyers was smaller than yesterday, and bidding slower. Prices were all within yesterday’s range, excepting merino pieces, which reached 14Jd.