WOOL VALUES.

Manawatu Standard, Volume LVII, Issue 69, 22 February 1937, Page 5

WOOL VALUES.

A COMPARISON. In view of the fall in prices at Friday’s wool sale at Wellington, tho following table compiled by tho New Zealand Fanners’ Co-operative Distributing Company, Ltd., is of special interest, as showing that the prices now ruling are far in advance of those of a year ago. Tho prices quoted arc those obtained tor representative clips at Friday’s sale and at the February sale

LONDON »WOOL SALES. DECLINE EXPECTED. The Bank of New Zealand, produce department, has received advice from its London office, under date February 19, that prospects for next series of sales, commencing March 2, arc doubtful. Prices for Merinos are generally expected to decline id to Id, tine crossbreds id to Id, and medium and coarse crossbreds id per lb. At the close of the last series of London wool sales on January 27, the following prices for wools of average condition were quoted by the Bank of New Zea-

Offerings for Wednesday’s wool sale at Napier total 30,397 bales, compared with 30,307 for the January sale. Exports of New Zealand -wool to Japan so far this setfson, including southern shipments made this mouthy have accounted for some 80,000 bales, as against 72,000 bales for the whole of last season.

of last year : — Class. Feb., Feb., Sulnhurvvells — 1937. 1936. AII mi AE 15d 15jd 15jd OO CD OO CO hJ-K\—K>—tvU BE 16id Bellevue-Reb — AE 143d 9id BE 15d 8d ' CE 153d 7id II-Mironui— 1st AE 1st BE 16d 163d 9id 83d BMcL-Totaranui — AAE 163d 16d 93d 9R1 AE Rom. A A lambs ... 19jd 123d Ilaro — A AII 153d llid llid AAE 17|d CGT-Waikolii — AE BE 15 id 153d 8jd 8d Pipipi— 9d All 15|d AE 173d 12|d AE 15id 9id

Per lb. Merinos — d. d. Super, 60-64's 19£ to 21 Ordinary, 60-64’s Inferior, 60-64’s 16 to 17 13 to 14 Ilalfbreds — 56-58’s 18 to 20 17 to 18 50-56’s 16£ to 17£ Crossbreds — 50's 48-50’s 46-48’s 44-46’s 14£ to 15 40-44’s 14-£ to 15 36-40’s 144 to 15