WELLINGTON WOOL SALE.

Lake County Press, Issue 3067, 20 November 1924, Page 2

WELLINGTON WOOL SALE.

Phenomenal Pploea. Pho opening wool sale in the Dominion this season took place at Wellington on Monday last. Ihe catalogue was only i 225 bales, about half the usual amount, but the general quality was so high as scarcely ever to have been excelled. About 80 seats were occupied, and there vraa a large attendance of the public, including the Minister of Lands. Competition was been from the start, bat it appeared to lie principally between Bradford and the United States. There waa a continuous and spirited fusilade of bids, although the sale opened quietly enough’ but these two markets absorbed the greater part of the better grade crossbreds and Romneys Buyers appeared to be generally after these wools and buying without apparent limits. 8 PHENOMENAL PRICES. The prices realised were phenomenal. No one anticipated an increase on the high prices of March last but to-day’s sale showed an increase of four.five, six and Sevan pence on various quotations. There never has been such a muster of buyers in the history of the Dominion’s sales, or such cheerfulness and optimism in the buying fraternity. * *

The character of the clip was better than has been the ease for some years. The bulk of the wool was from the Wairarapa aud Manawatu, aud consisted of briirht Komm-ys and crossbreds. g

It was common to hear 26d to 27d and at times, np to 29J and 30*1, for best quality ) crossbreds running -id to 48 counting? , As high as 25d waa realised for neckal j Crutchinga sold in the neighbourhood of I 15d for the best. RANGE OP PRICES j The average prices realised wera as follow; Super haifbred, 33d; medium haifbred, 29Jd ; fine crossbred, 28d; medium crossbred, 26d; coarse crossbred, 28Ad > hogget 26d to 29d ; haifbred pieces, 27d j locks, The top price was realised by tt line of threequarter hied hogget wool which brought 3dj i.