WOOL PRICES INCREASE

Taranaki Daily News, 14 January 1935, Page 7

WOOL PRICES INCREASE

BETTER CLASS OF FLEECE VALUES FIRM ON WELLINGTON. SECOND NAPIER SALE REPORT. BRADFORD THE BIGGEST BUYER. By Telegraph—Press Association. Napier, Last Night. Values fully firm on Wellington ruled at the second Napier wool sale, which opened yesterday morning. Rates on better class fleece Showed an increase, averaging id to id on December rates. Competition was particularly keen and well spread. The Continent was more strongly represented than in December, Japan and America were strong on super lots, though Bradford was actually the biggest buyer for all round fleece wools. The rates for pieces did not show an appreciable advance on the last Napiet rates. The wool generally was in good order, carrying more conditFbh than in December. Vendors showed themselves more prepared to meet the market, only 15 per cent, of the first two catalogues being passed. There Was animated bidding from all sections, the selling being ex* ceptionally rapid. The first catalogue of over 400 lots was disposed of in 35 minutes. Following is the official range of prices, those for January, 1934, being given for comparison:—

Southdown— Super Nil 191 to 21'. Average 9.} to 102 17 to 19 Inferior td 9 14 to 16 Halfbred 56- . Super 10J to Hl Nil . Average 84 to 91 Nil Inferior Nil Nil Halfbred 50/56Super 10 to 11. 19 to 201 Average 8 to 94 Nil Inferior Nil Nil Extra Fine Crossbred 48/50— Super 8J to 10 16 to 174 Average 6’1 to 84 134 to 154 Inferior 54 to 61 104 to 12 Fine Crossbred 46/48— Super 7 to 8 • 13 to 164 Average 5J to 61 11 to 12? Inferior 44 to 51. 74 to 10? Medium Crossbred 44/46Super 5-1 to 61 11 to 13 Average ........ 5 to 51 9 to 10J Inferior 4 to 5 64 to 81 Coarse Crossbred 40/44— Super ........... 5J to 64 Nil Average 4? to 5} 8| to 9.‘ Inferior ......... 34 to 44 Nil Low Crossbred 36/40— Average ......... .44 to 54- ' Nil Inferior 3A to 41 Nil Hoggets— 50/56 84 to 114 18 to 204 50/54 ............ 71 to io Nil 48/50 5J to 91 134 to 17 46/48 54 to 84 114 to 15 Necks— Super 7 to 8 15 to 171 Average 51 to 61 12 to 14-i Seedy & inferior 44 to 51 Nil Pieces— Super 54 to 64 11 to 13? Average 44 to 51 8 to 101 Seedy & inferior 34 to 4 6 to 7J Bellies— Super -4| to 4.? 9 to 111 Average 34 to 4 64 to 8 Seedy & inferior 2j to 31 51 to bj Crutchings— Good to super .. 4’1 to 6 7 to 9 31 to 44 51 to 64 to 31 44 to 5 . Locks 24 to 34 41 to 6? Lambs 48/50— Good to super .. 84 to 111 Nil Aver., slight seed 74 to 81 12 to 17 Seedy & inferior 4 to 5 7 to 11 Lambs 46/50— Short and inferior and seedy ... 24 to 31 Nil