WOOL UP

Nelson Evening Mail, Volume LXVI, 18 August 1933, Page 2

WOOL UP

WELLINGTON WINTER SALE ADVANCE ON APRIL PRICES ! (By Telegraph—l’reus Association)

WELLINGTON, This Day. In view of the recent rise in wool values much interest attached to the winter sale of crutcJiings, pieces and oddments, held yesterday by the Wellington wool brokers, this being the first auction since the close of the roster sales last April. I Seven catalogues were offered, and comprised over 4000 hales, the bulk of which was crutchings and pieces, there being about 800 hales of lleece wools. j The crutchings sold generally at Id to 2d lb higher than in April, while lleece wools which passed then at 3gd to 3|d, sold yesterday at up to sgd, and in some cases a shade better. Super crossbred crutchings sold up to 6gd, medium to good to s±d, and seedy and inferior to ] 4d. Crossbred pieces and bellies made 2gd to sd. ' ■ There was keen competition for small lines of line wools. Two small lots of Southdowns made to 12gd respectively, and fine halfbreds went to lUjd. Fine crossbreds sold freely at to Bid, and medium crossbreds at s|d to 6gd. Lambs’ wool also went well, best sorts making 9d to 12Jjd, and mediums 6d to Bgd. The official range of prices is: — Southdown, 12gd to 12gd. Fine halfbred 56/58, average 9£d. Medium halfbred, 50/56, average 10d; to 10id. j Extra fine crossbred, 48/50, average ! to Bgd. ! Fine crossbred, 46/48, average sgd toj 6id. Medium crossbred, 44/46, average 4gd to s|d; inferior 3gd. Coarse crossbred, 40/44, average 4d to sad.5 a d. Lambs down, 50/56, 9d to 12gd; fine 44/50, 6Ja to Bgd; seedy and inferior, 3d. Halfbred crutchings, to 6|d. Crossbred crutchings, medium to good, 4d to sgd. Crutchings, seedy and inferior lid to 4d. Crossbred pieces and bellies, to sd. | Locks and stained pieces, Id to 3d. Messrs Levin and Co. Ltd. report: j The winter wool sale was held to-day, when the total offering w r as 4,107 bales, our catalogue representing 930 bales. There was a large and fully representative attendance of buyers from all parts. The offering consisted maiuly of crutchings. There were a few parcels of fleece wool, but not representative enough to give reliable quotations, also a small quantity of scouring wools. Crutchings were in good demand and bidding was keen, all sections of the trade competing r reely for their requirements. Continental buyers, Australian mills and local mills secured the larger proportion of the best crutchings . and local scourers and fellmongers were also keenly bidding to procure their requirements. Merino and halfbred , crutchings were in short supply, but sold at. very satisfactory .prices. Superior lots of crossbred crutchings sold at 5 l-4d to 6i~d, but the bulk of the offering, free from seed, sold at about 4£d to 5 l-4d, whilst lots affected by seed sold at 2d to 4d according to the amount of seed sowing. We quitted the whole of our offering with the exception of a few odd lots. We quote: Halfbred crutchings 4£d to 6gd ; crossbred .crutchings, superior 5 l-4d to 6i,d, medium to 4d to 5 l-4d; crutchings, seedy and inferior l£d to 4d;;, crossbred pieces and bellies 2/d to 5d ; locks and stained • j pieces Id to 3d. ; f-;> Ki i The first Wellington wool sale of "the I | new season is fixed for the 7th Decemj her, 1933.