COMMERCIAL

Hawke's Bay Tribune, Volume XVI, Issue 87, 29 March 1926, Page 7

COMMERCIAL

WELLINGTON WOOL SALE. RANGE OF PRICES. Wellington, Mar. 28. The wool sales closed on Saturday. speaking prices were at par to -Jd per pound better than at the February sales. Unofficially the opinion of authorities on the wool sold was to the effect that its condition was | much ahead of that usual in March sales, there being some nice, wellgrown, light conditioned Romneys in the catalogues, and these commanded keen composition at about bettei than the February rates. The American demand was for any suitable superfine lots. Bradford also was anxious I to secure the same qualities and was the mainstay of the market, although Continental competition was most pronounced, as the catalogues contained many lots suitable for the Continental trade. Bidding from that quarter was most eager and large quantities of wool were bought. Lambs ’ wool was irregular and French buyers did not appear to have the same elastic limits that characterised the last sale. Medium and inferior lambs ’ wool sold well up to last sale rates. Pieces and bellies were in strong demand. Good lots made fully Id better than in February. Merinos, in sympathy with the rise lately reported from London, commanded quite strong competition and may be quoted M to .Id in advance of the last sale. Halfbreds were also in strong demand and appreciated in value to the same extent as Merinos. Followings is official range of average jjrices realised at the sale: — Merino—

The market report gives the opinion that the condition of the wool is fair, considering the season, selection average, bidding keen and sustained.

Super Average Inferior 15 14 a. to 19 £ to IT's to 14} Fine Half bred — Average 144 to 174 Inferior 11 to 134 Medium Halfbred— Super 154 to 1G4 1 Average 13 to 15 I Inferior 10f to 124 Coarse Halfbred— Super 14 to Io? Average 12 to 134 Inferior 10 Corriedale— Average 13 to 15 Fine Crossbred— Average 12 to 145 Inferior 04 to 114 Medium Crossbred— ■ 1 Average 11* to 13} Inferior 9i Coarse Crossbred— Average .11 to 124 Inferior 9 to lOf Low Crossbred— Average 104 to 12 Inferior 9 to Hoggets— 48-50 to 14} Fine 11 to 144 Medium 11 to 134 Coarse 11 to 124 Low 95 Lambs— j Down 13J to 15J i I ine 11 | Medium 91 to 11} I Seedy and Inferior .... 5i to 12 Bellies and Pieces— 1 Low to medium 10 to 13 I Halfbred good to super 10 to 12. I Low and medium .... 8J to 10 . Crossbred good to super .. 84 to 12 j Crutchings— Low to medium 6 1 Medium to good .... to 94 ! Inferior and seedy .... 4i to 7 Locks— Halfbred fi Crossbred 4i to 61