THE VALUES

New Zealand Times, Volume LII, Issue 12040, 19 January 1925, Page 12

THE VALUES

PBACnOALLY NO CHANGE. No great change was anticipated in the tenor of the market aa compared with the last sale, and, as it proved, prices ragged practically the same as in December, with one or two exceptions. , The buyers’ benches were occupied by representatives from Bradford,- Germany, Italy, France, Belgium, and the United States, as well as .from Dominion wodlen mills, while there wan also bidding from local fellmongers and scourers. Recent reports of ’ a fall of from 5 per cent to 7 per cent. in. Australia evidently . affected local purchasers, but Bradford and the Continent were bidding freely. Generally, however, there was not such animated bidding as has marked the. last- two sales, although at times, prices were: erratic and irregular, the general run was quite satisfactory, and prices were on a par with December. . The style and condition of the wool to-day _is materially different from the last'sale. ..and.when this is takeir into aocount, iwhat difference there in in actual valuns is not at all wide. >' % .- Hie catalogues generally wore" of n good character, ' but were, not as good aa the November and December sales, in .as ranch as the quantity of super crossbreds available waa limited, and the hulk of the-offerings “>raa good top nalfinp wools. Again, the bulk of the support of the market' came' from Bradford, who yore bidding steadily, but the Continent was also operating „ freely. America.aa at the-last sale, in December was hot showing ' such spirit 'as at the first sale of tie season, and again on Saturday was conspicuous hv ite ametude. DECEMBER SALE COMPARISONS. Taking a, comparison with the December sales- in Wellington, the best crossbreds which usually meert •• with such good American competition were dpwn bv Id to .lid, while the ,average grads of fine and medium crossbreds also showed a decline of about }d. - ..On the other hand probably the .bulk of the wool consisted of coarse crossbreds, and these met with very strong competition, and advanced anything from jd un to ld. The same remarks'-apply to low crossbreds. 3640, which were keenly sought and registered a similar increase. v> 1 Half-bred* were .not up ty- the level of the December offerings, and dropped in price from )d to Id. There was. . however, good competition- for these at . the lower range, ■ v v 1 ■’ . A fair anyouht of merino ws». offering, one very nice clip in particular, the Richmond Brook.' This 'apparently did not meet with the competition expected of it and was passed m. The top price waa 33d. Bidding was .keen for lambs’ wqbl. , both from America and the Continent, - and - realised- December -prices. The most spirited competition pf. the sale 1 wan devoted to bellies - and'ipieces, and hero again December prices- and more ware realised.