PRICES RISE

Southland Times, Issue 22766, 17 December 1935, Page 8

PRICES RISE

TIMARU WOOL SALE EXPECTATIONS EXCEEDED KEEN BIDDING (Per United Press Association.) Timaru, December 16. The first Timaru wool sale of the season was held at Timaru to-day and the prices realized exceeded expectations. The sale was a buoyant one, with a substantial increase in the prices on those ruling last year. Owing to the favourable weather conditions during the last fortnight, more than the usual quantity of wool was offered to a full bench of buyers who operated with exceptional keenness. It was noticeable that owing to the dry winter, a proportion of hogget wool carried a quantity of dust. The total quantity offered was 12,566 bales and practically a complete clearance was effected. The following is the official range of

SYDNEY SALES MARKET VERY FIRM. (United Press Assn.—Telegraph Copyright.) (Rec. 10.55 p.m.) Sydney. December 16. At the wool sales 12,115 bales were offered and 11,042 sold, 1896 being sold privately. There was strong competition from all sections and the market ruled very firm for all descriptions. Special attention was given to deep-grown spinning wool in the better class clips. Greasy Merino made to 221 d. The average price last week was £l7 12/3 a bale or 14£d a pound.

prices: d. d. Merino, 64’s/70’s —• Super 16 to 17 Average 13J to 143 MerinoHogget 15 to 17.3 Fine Halfbred, 56’s/58’s — Super 16 to 171 Average 13 to 15 Inferior 10.’. to 12 Hogget 14 to 17.1 Medium Halfbred, 5O’s/56’s— Super 13 to 141 Average 11 to 13~ Inferior 91 to 101 Fine Threequarter-bred, 48’s/50’s — Super 111 to 121 Average 10 to 11 Inferior 7 to 9 Hogget 9 to 12 Fine Crossbred, 46’s/48’s — Super 81 to 10 Average to 8} Inferior 61 to 7 Hogget 71 to 91 Medium Crossbred, 44’s/46’sMedium to super 7 to 8.1 Merino pieces 93 to 15.1 Merino bellies 81 to 111 Halfbred, pieces 93 to 151 Halfbred bellies 81 to 11.1 Threequarter-bred pieces 63 to 10 Threequarter-bred bellies 6 to 8 Crossbred pieces 6 to 7.3 Crossbred bellies 6 to 7 Crutchings— Fine 5 to 73 Coarse 31 to 63 Locks — Fine 41 to 6 Coarse 31 to 5.}