NAPIER WOOL SALE.

Otago Witness, Issue 3802, 25 January 1927, Page 14

NAPIER WOOL SALE.

OPENING. DEMAND GOOD. NAPIER, January 17, The third Napier wool sale of the season was commenced to-night when a representative catalogue was'offered to a full bench of buyers. The sale so far is the most satisfactory held this season. Competition was exceedingly brisk, and at no time did bidding ease up, every section of the trade ’being anxious to secure wool, with the result that passings were practically nil. Bradford lifted the greatest weight of wool, and Continental buyers were a close second. There was a small amount of super bought for America, and this was taken at good prices. There was apparent a very substantial advance in fine wools and lambs. amounting io- from, Jd to Id. The advance in crossbred wool was not so great, being from Ad to For coarse and low grade wools there was little or no improvement, though, the market was firm- and the same applied to inferior qualities. Pieces and bellies sold very well, but prices for neck pieces were not as good as in December. RANGE OF PRICES. NAPIER, January 18. The keen competition which characterised the opening of the third Napier wool sMe last night was maintained throughout tlie remainder of the sale today, and 90 per cent, of the catalogue of 30,000 bales was sold under the hammer a’ prices generally in advance of the rates ruling at the December sale. Merino and Southdown both showed a good improvement. Halfbred increased on the average by one penny, and crossbred up to about Jd. Lambs were Ad deafer, but pieces and bellies showed a decline on the somewhat extreme prices ruling in December. The range of prices was as follows: — Merino. —Average, up to 20d.

Southdown. —Average, 16d to 173 d; inferior, 13Jd to 15d. > Fine Halfbred (50-58). —Average, up to 173 d., Medium Halfbred (50-56). —Super, 163 d to 173 d; average, up to 15Jd. Coarse Halfbred (48-50). —Super, 15gd to 17d; average, 133 d to 15d; inferior, lid to 13d. Fine Crossbred r 46-4:8). —Super, 14d to 153 d; average, 12d to 133 d; inferior, IOJd to Hid. Medium Crossbred (44-40). —Super, 13d to 143 d; average, lid to 123 d; inferior, 93d to lOifd. Coarse Crossbred (40-44). —Super, 123 d to 143 d; average, 103 d to 113 d; inferior, 9d to 103 d. Low Crossbred (36-40). —Average, lOd to HAd; inferior, 83d to Old. Hoggets.—Super (48-50), 123 d to 103 d; fine (46-48), llld to 133 d; medium (4440), 12d to 143 d; coarse (40-44), 103 d to 123 d. Lambs.—Fine, 143 d to 163 d; medium, lid to 133 d; seedy and inferior, 7d to lid. Pieces.—Necks, 10-3 d to 14d; crossbred Mod to super, 103 d to 123 d; crosbred low to medium, ’3d to lOd; seedy and inferior, 61d to lOd. Bellies.—Crossbred good to super, 83d to lOd; crossbred low to medium, 7d'to 83d. Crutchings.—Medium to good, 8d to 103 d; inferior and seedy, 4d to 7d. Locks-77-Crossbreds, 5d to Od.