COMPETITION FOR WOOL

Hawke's Bay Tribune, Volume XXIII, Issue 275, 3 November 1933, Page 5

COMPETITION FOR WOOL

Further Hardening in Melbourne (Received 3, 10.55 a.m.) MELBOURNE, Nov. 2. The wool sales showed a further hardening tendency in prices, and competition was exceptionally keen. The come-back crossbred section was practically all taken by Japan at prices equal to the highest point of ths season. Approximately 96 per cent, of the 8228 bales offered was sold. The best price of the day was 23d a lb. for Merino.

Week’s Prices in Sydney

(Received 3, 12.40 p.m.) SYDNEY Nov. 3. Wool prices at the current week’s sales were:—Greasy extra super merino fleece 27jd, best 22d to 23d, good 19d to 21d, average 16d to ISd; ditto light seed or burr, best 19d to 20d, good 17d to 18d, average 15d to 16d; ditto burry, best 16d to 16Jd average 14d to 16d; inferior 12d to 13d; ditto broken and pieces, best to 20d, good 16Jd to 17Jd, average 14Jd to 15Jd; lambs, best to 183 d, good lid to 12d, average 8d to 9d; comebacks best 193 d, good 16d to 19d, average 14d to 15d; crossbreds, best to 20)d, fine 14d to 17d, medium lOd to lid, coarse 5d to 6(1.

Prices Likely to Remain

(By Telegraph—Press Association.) AUCKLAND, Nov. 3. Mr Frank B. Clark, of Christchurch, who arrived at Auckland by the Monterey to-day, expressed the opinion that wool prices were likely to remain up, but the New Zealand grower must pay more attention to classing and skirting. He found the general complaint to be the lack of attention to these points.