WELLINGTON WOOL SALE

Southland Times, Issue 19102, 21 November 1923, Page 5

WELLINGTON WOOL SALE

SPIRITED COMPETITION PRICES SHOW AN ADVANCE “FAR BEYOND EXPECTATIONS.” (Per United Press Association.) WELLINGTON, November 20. The first Wellington wool sale of the season took place to-day when there was hardly room on the benches to accommodate the throng of keen buyers assembled, those present representing all the buying countries, Bradford, Germany and the Continent all buying strongly. The sale opened in a manner far beyond the expectations of even the most optimistic. There was some old wool and some bright, light conditioned lots of early shorn clips, the supplies coming mainly from Wairarapa, Manawatu, Marlborough and Nelson. Doubt was expressed before the sale as to whether America was in the market, but the doubt disappeared as soon as the sale opened, for she was out for the best wool. Germany was offering freely for crossbreds. France and Italy sought pieces. A feature of the sale was the competition for bellies and pieces, which, in some instances, were pushed up almost to the level of fleece wool. Not much Merino was offering. Buyers seemed reluctant to pay last year’s prices. Half-breds were in strong demand on a par with last season. Altogether the sale was an outstanding one, eminently satisfactory to the growers. Generally the rise on crossbreds was Ijd to 2d over last May prices; on bellies and pieces it was considerably higher, in some cases up to 3d. Hogget wool was sought keenly from all quarters and showed a rise greater than that of ordinary fleece wool. Lambs’ wool ■was looked for by France particularly, Bradford and local mills, fetching May figures. RANGE OF PRICES.

Merino 64/70’s, 60/64’s, 60’s— Super 25d to 26Jd Average 23d to 24{d Inferior 211dto21}d Fine Halfbreds 58’s, 56/58’s, 56’s — Super 24d to 25d Average 21d to 22id Inferior 18|d to 20Jd Medium Halfbred 50/56’s j, 50’s — Super 23 »d to 24d Average 19d to22d Inferior 16d to 17Jd Coarser Halfbred, 48/50’; s, 48’s— Super 10d to 20Jd Average .. .. .. 15d to 17Jd Inferior Hid to lod Corriedale 50/56’s .. .. 20Jd to 24}d Fine Crossbred 46/48’s, 46’s— Super 15Jd to 17id Average 12Jdto 15id Inferior 10dtol2d Medium Crossbred, 44/46’s, 44’s— Super 14d to 16d Average UM to 14Jd Inferior 8}d to lOld Coarse Crossbreds, 40/44’s, 40’s— Average 10}d to 12 Jd Inferior : 8d to 10id Low Crossbreds, 36/40’s, 36’s— Average 9Jd to lOJd Inferior Hoggets, 48/50’s .. .. 17d to 19d Fine 46/48’s .. .. 14d to 17 id Medium 44/46’s .. 12d to 14 Id Coarse 40/44’is .. lOd to 12d Low 36/40’s .. .. 84d to 9 Jd Lambs — Down 50/56’s .. .. 15d to 17id Fine 44/50*8 .. .. 14*d to 16 Id Medium 40/44’s .. lldtoUd Seedy and inferior 4id to 9{d Bellies and Pieces— Merino, good to super 15d to 16 jd Merino, low to med, . 12d to 141d Halfbred, good to super 15dto 17 Jd Halfbred, low to med. lOd to 14d Cbd, good to super lOd to 15d Cbd, low to med. 5d to lOd Crutchings— Medium to good 7d to 9|d Inferior and seedy 4d to 6}d Locks—Crossbred .. .. 5d to 6d