NAPIER WOOL SALE.

Otago Witness, Issue 3860, 6 March 1928, Page 12

NAPIER WOOL SALE.

ADVANCE IN PRICES. NAPIER,, February 28. The fourth wool sale of the season opened at Napier last night, when about 10,700 bales out of a total catalogue of 22,654 bale® were sold. A bench of 60 odd buyers sat, and competition was steady all through. Germany and France were well in t-he market, taking large quantities of betterclass wools. The competition from Bradford was also keen, and wool suitable for America sold at high prices. Continental purchasers took the majority of nieces and bellies. There was very good competition from France and New Zealand for lambs’ wool. Prices on the whole were well up to the level of previous sales, especially for better quality wools, of which large quantities were offered. Some fleeces showed seed, and some of the lambs’ wool was infected with smut. There was an absence of the usual generous quota of Poverty Bay and east coast wools, only 2588 bales of this being catalogued. The deficit is held to be due to the policy of northern grower’s this year shipping their fleece direct to the Old Country. Demand throughout was consistent, the passings being estimated at not more than 5 per cent. Tho official figures give the movement of the sale as compared with the Napier January sale as follows: —Merinos, par; Southdown, Id advance; halfbreds, par, occasionally J,d advance: crossbreds, fine, medium, and coarse, £d to Id advance; lambs’ wool, bellies, and pieces. Id advance, sometimes l^d; crutchings, par. The following is the range of prices: — Merino.—Average, up to Corriedale.—Super, up to 24£d. Southdown. —Super, 24d to 26d ; average, 21 id to 23Jd; inferior, 19d to 20£d. Fine Halfbred.—Super, up to 25|d; medium halFored, average, 21id to 24$d. Coarse Halfbred.—Super, to 24d; average, 19d to 22d; inferior, 16Jd to 18£d. Fine Crossbred.—Super, 21d to 23J<};‘ average, 18d to 20£d; inferior, 15d to 17d. Medium Crossbred.—Super, 19d to 20J d ; average, 16d to 18^d; inferior, 12d to 15id. Coarse Crossbred. —Super, 17d to 19|d; average, 16d to 17d; inferior, to 15d. Low Crossbred.—Super, up to 18d; average, 15d to 16j>d; inferior, 13d to 14£d Hoggets, 50-56’s, up to 24jd; 48-50’s, 19d to 23Ad; 46-48’s, 18d to 22d; 44-46’s, 17d to 21<i. Lambs, 40-44’s, 15d to 18{d; 46-50’s, 18d to 26d. ■ Seedy and inferior, 9id to 17d. Necks, 15d to 24d. Pieces. —Good to super, 18d to 20? d: low to medium, Ud to 17 id; seedy. 5Jd. to 12d. Bellies.—Good to super, 14d to 15^d; low to medium, 12d to 13Jd; seedy, tkl to 13Jd. Crutchings.—Good to super, 13d to 15? d; low to medium, 8d to 12^d; seedy, 6d to B’d. Locks. —Crossbred, 7d to 9Jd.