KEEN WOOL SALE

New Zealand Herald, Volume LXXIII, Issue 22352, 25 February 1936, Page 10

KEEN WOOL SALE

CONTINENT ACTIVE COARSER GRADES FIRMER ADVANCES UP TO |D PER LB. GERMANY'S LARGER PURCHASE [by telegraph—press association] WANGANUI, Monday With the Continent giving active support to the market and Germany making her biggest purchase of tho season, competition was animated throughout the wool auction held this afternoon and evening at tho Wanganui Opera House. Bradford lifted tho greater part of tho offering' and appearod to bo more in evidence than at tho Wanganui Janunry sale, but this section of tho trade operated under strict limits. It was tho keenness of Germany and France that lifted the coarser grades of fleece wool and crutchings id and in same cases 3d above late rates. Prices for fine and medium wools remained firm. Japan and America were in the market for lines suitable to their requirements. Taken throughout it may be said that buying was exceedingly well spread, but hogget wool is still to a large extent on the unwanted list. Tho best lines of this grade continue with satisfactory competition, but the coarser counts, or any lines displaying lack of quality are neglected and have a tendency to drift. Good length lambs wool was keenly sought after and very satisfactory prices were paid for any such lines offering. Short or shabby lambs, on the other hand, were neglected and the prices paid suffered accordingly. Bellies, pieces and locks were firm and crutchings sold at advanced rates. Offering Largely Crossbred The bulk of the offering, however, consisted of crossbreds drawn from Taranaki, Wanganui, Rangitikei and Main Trunk districts. The majority of the wool was well grown, but a number of clips opened up heavier in condition than usual, due to the wet weather experienced at shearing time. Fully 95 per cent of the y offering, which exceeded 30,000 bales, was sold under the hammer, disclosing the now fairly general tendency of growers to meet the market. Compared with values at the last Wellington sale the average prices showed the following positions:—so's, no change at 94d; 48's, up a farthing to S^d; 40 to 44's, up a farthing, 8d to BJd; 36's, par to id up, at 7Jd to 8d; lambs free of seed, firm at IOJd to 12jd; slightly seeded, up id at 9d to lOJd; bellies and pieces, par to 5Jd up at 7d; crutchings, up Jd to id at 7d to BJd. Range of Prices

The range of prices was as follows:— Fine Hnlfbred, 5G-58— d d Super . to 15 3 A ' Average 13 to 14 Medium Halfbred, 60-56— Average 11 to 12% Inferior 9% to 10 Extra Fine Crossbred, • 48-50—■ Super 10% to 11 Average 9 to o/a Inferior 7% to Fine Crossbred, 46-48— Super 9% to 10 Average 8 to 9 Inferior 7% to S Medium Crossbred, 44-46— 8'/4 Average VA to Inferior 7 to 7% Coarse Crossbred, 40-44- _ 8% Average .. .. VA to Inferior 7 to 7% Hoggets— to 10% Fine. 48-50 .. 9 Medium, 4G-48 8% to 9% Lambs' down, 50-56 11 to 14% Fine, 46-50 • 9% to 12 3 / 4 Seedy and inferior— to 8% All grades .. .. 7 Bellies and Pieces— Crossbred: f>% to 7% Good to super Low to medium .. 5% to & 3 A Crutchings— to 8Va Me<lium to good .. VA Inferior and seedy . 5% to 6% Locks— Crossbred 4% to 5'A