CHRISTCHURCH WOOL SALE

Otago Daily Times, Issue 20582, 4 December 1928, Page 10

CHRISTCHURCH WOOL SALE

SATISFACTORY PRICES. (Per United Press Association.) CHRISTCHURCH, December 3. The catalogue at to-day's wool sale comprised 16,155 bales. The wool generally came forward in good order. It was well grown, but a good deal-of the plains wool was seedy on account of the preyelatice of the nor’-westerlies in the spring. The buyers’ bench was fully occupied. In the earlier stages the sale was inclined to drag, a fair proportion of passings contributing to a rather disappointing atmosphere. However, this atmosphere wore off after an hour or morel and thereafter free competition marked the progress of the sale. Compared with northern prices, the different character of the bulk of the catalogue and the fact that the _ North Island wool this season is exceptionally light, make this of little value, but generally the satisfactory demand experienced so far this season in the north is concerned is fully maintained. The sale was .'a sound one with limits sharply defined. Certain buying points _ Were very keen and others were little interested. Indeed, some buyers of' heavy quantities as a rule scarcely opened their books. Compared with the November sale of 1627 prices on an average were; somewhat lower for fleece wools, particularly for super fine wools, but were practically on a similar basis for scouring lots, The strength of the latter demand was a strong feature of the sale. Continental buyers competing keenly for this class, and this practically Kept local fellmongers out of the market. Super halfbreds and Corriedales were’ down on last November prices by Id to IJd a lb. Fine crossbred on an average was a halfpenny easier, but allowing for the heavier condition of the wool a proportion of the easing was offset. Prices were irregular except for the most attractive lots. Competition was pronounced for crossbred fleece and • piece lots, and the local mills secured a good proportion of the finer wools and a proportion of pieces. Bradford participation was confined to fewer operators than usual, but a satisfactory feature was that American competition was much improved. Less .than 8 per cent, of the total catalogue was passed. Top prices were:—, Corriedale .. .. ~s .. ... 24id Half bred .. 24d Merino .. .... ~ ... .. 213 d Fine crossbred ■.. ~ ~ ... 20d Medium crossbred .. .. 173 d Fine pieces .. .. ...... 2l|d Crossbred pieces 13jd Billies .. .. .. 16id Crutchings ~ .. 16|d The following' is the official range of prices:— Merino— 1

Extra super super Medium .. ,. . Inferior '•>.. Corriedale — Extra super ,; 20d ' to 213d 18|d to lOjd 17d to 18d to 24Jd Medium .. ., 18*d 17jd 21d 19d 1 7 A to 20d to 18d to 24d to 22jd to 20}d tn 101,1 Inferior .. .. Fine Halfbred— Extra super .. Super .. .... Medium .. ..... Inferior .. ., .. Medium Halfbred— Super .. ;. .. IDd to 20jd 17Jd to 18Jd 16d to 17d 17Jd to 19d 16|d to 17d 15Jd to 16d 17d to 20d 15Jd to 161d 13Jd to 15jd 16d to 17d Medium .. .. ., Inferior Coarse Halfbred— Super ., .... Medium , Inferior .. .... Threequarter-brcd— Super .. .... Medium ■. .. .. Inferior .... ., Medium Crossbred— Super ... ,. Medium .. .. .. Inferior . k .. .. Coarse Crossbred— Super .. .. Medium , isid.to ll|d lid to 15ld 13d to 133d I2d to 12jd 16d to 19d 17Jd to 21id 13d to 17|d -Ud to 133d Sd to lOid S3d to lOld 7d to 0u lid to IGld lid to 13ld 111.1 Inferior .. ;. ’ .. Pieces— Merino Halfbred (firsts) Halfbred (seconds) Crossbred (firsts) Crossbred (seconds) Locks— Halfbred .. .. Crossbred .. Bellies— Good .. .. Low to medium Crutchings— Good .... Low to medium. .. 9d to lid