WOOL PRICE LITTLE BETTER

Taranaki Daily News, 4 December 1930, Page 9

WOOL PRICE LITTLE BETTER

IMPROVED QUALITY AT NAPIER BIDDING KEEN INSIDE LIMITS. By Telegraph.—Press Association. Napier, Last Night. A slight hardening of prices compared with Auckland, values was noticeable at the first Napier wool sale of the season to-day, but the increased rates were no doubt due almost entirely to the better condition of the wool offered as compared with that at Auckland. Withdrawals reduced the original catalogue from 19,370 bales to -15,500 and passings totalled about 20 per eent. Continental buyers were very active, competing particularly ..for. pieces and bellies, while Bradford, entered the/,market in earliest for .the first time this season and lifted a fair proportion of the catalogue. Competition, generally was keen and the sale proceeded at a great pace,'buyers bidding very freely for practically all lots within restricted limits. Pieces and bellies in particular improved on Auckland jJriccs, The official range of prices will not be prepared until to-morrow, but ap. unofficial summary gives the rates as follows: Medium halfbred, old to 7Ad; coarse'halfbred, 5d to 7d’; fine crossbred, • ’ I to 6jd; medium crossbred, 3Jd to 52<1; coarse crossbred, 3ld to sjd; low crossbred, 3id to 4Jd; hoggets, 4d to TJJ; bellies and pieces, 2d to. 5Ad; crutchings, 2d to 4d; locks, Id to l|d.