WELLINGTON WOOL SALE.
DISAPPO INTI NG CON DITIONS. BRADFORD ALMOST SOLE BUYER. WELLINGTON. April 11. The final Wellington wool sale of the season began at the Town Hall this morning under disappointing Conditions. A total of 13,800 bales was submitted, the first catalogue being of 2649 bales and the second of 2644. Continental competition was practically absent, and Bradford was almost the sole buyer, and that under restricted limits. Passings were exceedingly frequent. The qualitywof the wool offered, however, was not generally satisfactory, as is usual at this time of the year. Average and low style crossbreds were fully Ad cheaper than in March, especially rough lots* which in some instances failed to elicit a bid. The offerings of halfbred were small, but these were a farthing to a halfpenny lower than at the last sale. The low prices realised so far evidently foreshadow the state of the crossbred market at the London sales, opening tomorrow. Typical prices (not average) were:— Three-quarterbred, 3d to 3{d; halfbred, 4Jd to 51d; medium crossbred, 3d to 3-ld;’ Romney, 3d to 4d; pieces, Id to 2d; locks’, Jd to Id. * The average; price of the wool so far will be in the vicinity of 3}d to 4d per lb; super Romney wools showing style were up to last sale rates.
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Bibliographic details
Otago Witness, Issue 4074, 12 April 1932, Page 46
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216WELLINGTON WOOL SALE. Otago Witness, Issue 4074, 12 April 1932, Page 46
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