SOUTHLAND WOOL CHEAPER

Taranaki Daily News, 4 March 1933, Page 7

SOUTHLAND WOOL CHEAPER

KEEN DEMAND FOR FINE GRADES decline by halfpenny to penny By Telegraph.—Press Association. Invercargill, Last Night. The second wool sale of the current season was held here to-day, w ben a total catalogue of approximately 22,000 bales was submitted. There was a full bench of buyers. Competition was keen for fine grades, which were keenly sought by Continental and Bradford buyers, but medium and coarse crossbreds were not so eagerly competed for and the bulk of these was secured by Bradford representatives. For bellies and pieces there was a good demand and the bulk of these was taken by French buyers. For wool suitable for its requirements Japan was a strong competitor and secured a fair quantity. _ In a comparison of prices with those at the previous sale held here halfbreds can be quoted a halfpenny easier, mediuni course crossbreds from three-farth-ings to a penny easier and bellies and pieces three-farthings to a penny down. Reports of previous sales throughout the Dominion caused a slight easing to be expected. The top price was IOJd for average halfbred of 58 quality.