Wool 6d Lb. Lower Afr Napier Today
NAPIER, Fri. (P.A.).—Prices for greasy wool among the 43.000-bale offering at Napier today, when the first portion was submitted to a full bench of buyers, reflected the easing tendency of London and late Dominion sales. Growers estimated the decline to be in the vicinity of 6d lb. less than they would have received at the January sale, but rostrum comment was to the effect that the market was firm on late sales, with a hardening tendency for better-styled fleeces. Bidding was inclined to be erratic, and was animated only when large lines of reputable standard came forward.
Quite frequently small parcels were neglected, particularly if they were of inferior quality. Pieces, necks, bellies and lambs wool all appeared to be cheaper but erutchings made a fair sale at up to 28Ad per lb.
Greasy fleece wool made up but there were a number of passings and lines occasionally did not receive a bid.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NA19480312.2.86
Bibliographic details
Northern Advocate, 12 March 1948, Page 5
Word Count
160Wool 6d Lb. Lower Afr Napier Today Northern Advocate, 12 March 1948, Page 5
Using This Item
NZME is the copyright owner for the Northern Advocate. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.