DEMAND FOR WOOL.

Taranaki Daily News, 30 November 1922, Page 5

DEMAND FOR WOOL.

PRICES KEEPING UP. BRISK WANGANUI SALE. KEEN DEMAND SHOWN. By Telegraph.—Press Association. Wanganui, Last Night. At the Wanganui wool sale to-day 8878 bales were submitted to the largest attendance of buyers since the sales were established here. Buyers were fully representative of Bradford, the Continent, the United States, Japan and Dominion woollen mill* and scourers. The offering was of fair character. As compared with the January sale the following movements were noticeable: Super crossbred suL&ule tor America 4d to 4|d advance, fine crossbred (46/8) 2d to 3d, medium crossbred (44/6) 2d to 3fd, eoarse crossbred (40/44) 2d to low crossbred (36/40) id to 3d. A good quantity of old wool was offered, and this opened up with a rather stale appearance and compared unfavorably with the new clip. American bids fell for most good wools. Bradford buyers were keen operators up to their limits, and a large quantity of the offering was taken for their trade. Only a small quantity of lambs’ wool was catalogued, good lines selling freely. Crutehings were inquired for by japan and late rates were maintained. The range of prices was: Southdown 164 d to 18M, fine crossbreds (46’s-4fl’s) super IHd to 14d, average 9%d to lid; merinos 7id to B|d; medium crossbreds, average B£d to lid, inferior 6d Io 74d; coarse crossbreds, average 7d to inferior 5%d to 6Ad; low crossbreds, super 7d to Bd, average 6 1 /«d to 7d, inferior 44d to sid; hoggets, fine 9sd to 14d, medium Bld to 12%d, coarse 6M to Bd, low 6£d to 7d; lambs, fine 0 l / 4 d to 12£d, medium 7|d to 1054-d, crutehings 4d to s|d, inferior 3d to 4d. CROSSBRED OFFERINGS. A GOOD SALE. (By Wire. —Special to News.) ) Wanganui, Last Night. The Farmers’ Co-operative Organisation Society report as follows: We submitted our first catalogue of the season at Wanganui to-day, our offering comprising approximately 350 bales. There was a full attendance of buyers, representing Bradford, the United States, the Continent, and Japan. Our catalogue consisted mainly of low and inferior-grade wools, which realised prices generally in excess of expectations. From the outset competition was of the keenest, all sections of the benches showing an eager interest in the various lots submitted. We quote hereunder some of our best prices: C.S.W., wethers, 7Jd; ewes, 7Jd; TLK, wethers, 9d; JE/2, crossbred, 7,d; Fal/MM, crossbred, 7}d; Raupuha, wethers, 91d; wethers, 7Jd; wethers, RB, 7d; ewes, Btd; Sla, ewes, 7d; wethers, Bjd; Sla, ewes, 7id; Sts, crossbred, 8d; Jhb/Key, Romney, hoggets, lOd; Beg, lambs, Bid; Hb/w, lambs, 7d. L. A. NOLAN AND CO. Messrs. L. A. Nolan and Co. received word that wool submitted at Wanganui this morning on behalf of their clients realised the following prices: On behalf of Mr. T. H. Western, Bell Block, seven bales hoggets Is and 14 bales ewes 10id; wools not of such good quality, on behalf of other clients, 8d to 9id; back-country wools, 63d to 7fd. These prices it .s satisfactory to note, show roughly a 50 per cent rise compared with the corresponding sale of last year. THE SYDNEY SALES. LATE RATES MAINTAINED. By Teloernoh. —Tress Assn.—CopyrUbt. Received Nov. 29, 9.40 p.m. Sydney, Nov. 29. The sixth series of wool sales has concluded. There was keen competition, notwithstanding evidence of burr. Japan and France were very active. Late rates were maintained.