A KEEN DEMAND

Poverty Bay Herald, Volume LX, Issue 18057, 6 April 1933, Page 9

A KEEN DEMAND

WANGANUI WOOL SALE AN ADVANCE IN PRICES NAPLEII’S GOOD PROSPECTS (Per Press Association.) WANGANUI, last night. At the tilliil Wanganui wool sale of the current season to-night, values opened linn on Wellington and showed an appreciable advance on those ruling at the Wanganui auction in February. The full bench of buyers evidently appreciated that there would be only one more Dominion sale this season, that at Napier, ami competed keenly lor their requirements.

Compared with February, line crossbred. 46 to 48. was up J,d ; inferior, up pi : medium crossbred, 44 to 4fa’.s, average and inferior, up ,;d to .pi; coarse crossbred, 40 to 44's, up to ; low crossbred, 36 to 40's. par. Hogget wool caused competition, and lots of good quality appreciated pi to Id. Bradford secured the hulk of the coarser sorts of llooce wool, the finer types going to the Continent. Japan also competed for the better class of tlecee wools. France was strongly in the market for bellies and pieces and for good quality iambs. Australian mills also seemed a proportion of lambs, and several nice lines were taken by Bradford. Ninety pm' cent, of the total offerin'; was sold.

It was refreshing to see competition unong the buyers at ruling values and present indications arc that the Napier sale, which will offer ;i quantity of clean Hawke’s Bay wool, should be a record for the Dominion this year.

SYDNEY SALES

HARDENING TENDENCY (Klee,. Tel. Copyright—Unites] Press As«n.) SYDNEY, April a. At the wool sales, 11,123 bales were 'ff’erod, of which 9072 were sold, and 1(57(5 bales were disposed of privately. Hie market was very firm and all good dmfty spinning wools suitable for Bradford showed a distinct hardening tendency. Greasy merino made to 17(1.