BEST SO FAR

Nelson Evening Mail, Volume LXXI, 17 December 1937, Page 5

BEST SO FAR

WOOL SALE AT TIMARU PRICES UP ON CHRISTCHURCH MARKET DOMINATED BY CONTINENTAL BUYERS (By Telegraph—Prens Association! TIMARU, This Day. At the first wool sale in Timaru lor the current season 14,634 bales were catalogued compared with 17,881 bales at the corresponding sale last year. The original allocation for the sale was 20,000 bales, but was not filled as numbers of growers withheld their clips in anticipation of heller prices at Jater sales. The opinion of buyers was that the sale was the best held up to the present. Compared with Christchurch values were a full halfpenny in advance for halfbreds and a id to ,?d for crossbreds. There were tew withdrawals and passings were normal. The wool was in much heavier conditions than last year, containing a fair percentage of dust, hut on the whole was sound but not quite as well grown as in previous seasons. As at the previous sales, the Continental section dominated the market, but Bradford picked up a fair quantity of suitable lots. Japan and America were out of the market. There was a small selection of merino, better lots of which were purchased by Dominion mills, which were also active for best halfbreds. Bellies and pieces were keenly competed for by Continental buyers, and on a clean scoured basis were relatively dearer than fleece wool. Prices were: Merino 13Jd to 17Jd, halfbred 12[d to 18i(d, threequarterbred lOd to Isjd. Corrriedale: 13]d to 16;}d. Crossbred 9d to 13|d. Halfbred pieces to 16d; Merino pieces to 15d; threequarterbred to 144 d; crossbred pieces to 12d; halfbred necks to 15td; merino necks to 15jd.