PRICE OF WOOL REMAINS FIRM

Southland Times, Issue 23444, 26 February 1938, Page 8

PRICE OF WOOL REMAINS FIRM

Napier Rates Hold At Wanganui CONTINENTAL BUYERS MOST ACTIVE (United Press Association) WANGANUI, February 25. Prices generally at the second Wanganui wool sale of the season were fully firm on realizations at Napier earlier in the week but showed a marked decline when compared with the January sale. A catalogue of more than 20,000 bales was offered to a full bench of buyers and more than 80 per cent, of the catalogue was sold at auction. Competition was more spread than at the first sale. Continental buyers were the principal operators but Bradford operated freely on some lines and France was the chief buyer of lambs’ wool. Japan was not in the market. The range of prices is:— d. d.

Fine halfbred, 56’s-58’s — Super 123 to 14 Average 10* to Hl Medium halfbred, 5O’s-56’s— 104 Average 10 to Inferior Extra fine crossbred, 48’s-50’s 9 to 94 Super 104 to Hi Average 9 to 1U Inferior Fine crossbred, 46’s-48’s — 8 ill 85 to 8| Super Average to to 121 91 Inferior 74 to 8 Medium crossbred, 44’s-46’s-Super Average 104 8i to to 114 91 Inferior 71 to 8 Coarse crossbred, 4O’s-44’s — Average 81 to 91 71 Inferior 71 to Hoggets— Fine 48’s-50’s 94 to 10J Medium 46’s-48’s 9 to 95 Lambs — Down 5O’s-56’s 11 to 14 Fine 46’s-50’s 11 to 124 Medium 94 to 104 Seedy and inferior 6 to 8 Bellies and pieces— 01 Crossbred good to super 7 to 84 Crossbred low to medium 6 to 6J Crutchings— Medium to good 74 to 84 Inferior and seedy 54 to 64 Locks— Crossbred 4 to 5