THE GOLDEN FLEECE.

Thames Star, Volume LXII, Issue 17387, 27 March 1928, Page 5

THE GOLDEN FLEECE.

. ,—«. . WOOL PRICES AT WELLINGTON. BEST FOR FOUR YEARS. (Bjl Telegraph.—Press Association). WELLINGTON, March 27.. The fifth Wellington wool sale and final one in the Dominion for the preset season, was held yesterday and resulted in a practically complete clearance. . There was a full bench of buyers, all eager to secure wool. Bidding was animated and at times excited. Passings were negligible, proving that growers' and brokers' ideas of .values were not far,from those of the buyers. The strongest bidding came" from Bradford and the Continent and the prices paid were the best since 1924. Compared with rates in February the prices showed an all-round increase ranging from Id. to 2*d. for fine wools and Id. to 2d. for other sorts, exoept lambs' wool, which was down Id. Bellies, pieces and locks were up Id. to IH\. and crutchings sold extremely well at Hd. to 2d. advance on last month's rates. The sale-was a very satisfactory wind-up to a satisfactory season.

The offering was approximately 20.850 bales and compared with the final sale of last season the catalogues were above the average. There was a considerable amount of halfbred, a large quantity of crossbred, a fair proportion of lambs' wool and a sprinkling of Merino. .