WOOL SELLS WELL

New Zealand Herald, Volume LXX, Issue 21580, 26 August 1933, Page 13

WOOL SELLS WELL

PRICES AT CHRISTCHURCH SUPPLEMENTARY AUCTION SUBSTANTIAL RISE IN VALUES [BY TELEGRAPH —PRESS ASSOCIATION*] CHIUSTCHURCH, Friday Corresponding with the general advances in wool values, prices at the supplementary wool auction held to-day showed a substantial advance on those ruling at the March sale in Christchurch. The bulk of the entry of over 2000 bales to-day was cleared at auction. Some wool had previously been passed at auction, but was now sought by buyers. On the average fleece wool prices today advanced up to 30 per cent on the March basis. Fine fleece advanced 2d to 3d a pound. Low, shabby and dirty wool, which could not be sold at the earlier auctions this year, was absorbed very readily, ' v, The range of prices was as follows:

Ha If bredd d Super .. llVi to 13 l /i Average .. , . . . 9 1 , to 11A Inferior . . . . VA to VA Merino— Super . . ., . . to 13 Average . . 'J 3 /* to 11V* Inferior .. .. . . S'/< to 9% Crossbred— Average . . • . hVi to 7'A Inferior . . 3 to 5 Thrrequarter-bred— Average .. VA to 8 3 / Inferior .. .. . . 5 to 7 PiecesSuper . . 7Va to oy 4 Average 5 to 7 Inferior . . 2% to ■iV< Crutchings— Super ., . . 6'i to 8 V, Average . . 4 1 j to fV* Inferior . . 2% to 1 BelliesGood <o super , , 6 to Low to medium .. 3'/j to o'i Locks— (rood to super 4 to r, Low to medium . . 2 1 3 to 3V*