WOOL SALES.

Star (Christchurch), Volume LXVI, Issue 20274, 7 April 1934, Page 27 (Supplement)

WOOL SALES.

Good Clearance; Slight Rise in Price. FOURTH CHRISTCHURCH. ” At the fourth and final Christchurch wool sale of the season yesterday, values generally were slightly firmer than at the third sale on March 2. The quality of the small offering of 4262 bales was typical of the end of a good buying season. Little wool had been held over from the previous sales, and that was supplemented by late clips frm the back-country. Very little really super wool was on offer. Values were firm throughout at from par to lid dearer than at the third Christchurch sale. The average rise was from id to id per lb. It was mainly a Continental sal*, with both France and Germany active. Bradford was comparatively quiet. There was a fair number of withdrawals, and of the total of just over 4000 bales offered, 3500 were sold, passings representing about 12J per cent. Top price for the sale was 20ld for three bales of half-bred, branded CJ, sold on account of Mr J. Clifford, of Mayfield. The highest prices in each class of wool were:— Merino—D in diamond over* Montalto, 9 bales at 19id; DCC in square, 4 bales at 17id. Corriedale—Barnswood, 5 bales at 20d; EN, 5 bales at 18id. Half-bred—CJ, 3 bales at 20id: Redpark, 15 bales at 20d; Denbrae, 7 bales at 19id, 10 at 19d; D in diamond over Montalto, 8 bales at 19id; 55, 11 bales at 19d. Three-quarter-bred—Bar over RJ, 5 bales at 13id. Cross-bred—Ellerbeck, 5 bales at 9d. Official Report. The official report of the Christchurch Woolbrokers’ Association is as follows: The fourth wool sale of the season was held in the Caledonian Hall, when 4262 bales were submitted at auction. The selection was a poor one, comprising mostly back country, West Coast and held-over wools, which were mainly shabby and heavy in condition. Competition was unexpectedly keen, especially from the Continent, which lifted most of the fine quality fleece and pieces. Bradford buyers were comparatively quiet, confining their attention to the lower grade top making wools. There was a good clearance, approximately 95 per cent being sold at auction. The following is the range of prices:

Merino, 64-70, 60 7 64— Super . d. d. to 191 to 17 i to 15 to 20 to 18 to 15* to 201 Corriedale—« Average .« 16i Fine half-bred, 68, 66-68, Super . 66— to 16* to 171 to 161 to 14 to i21 to 91 to 91 to 81 to 7 to 71 to 6 to 13| to 12i Medium half-bred, 60-56, Super Average Inferior Extra fine cross-bred, 48 60— .. m -60— Fine cross-bred, 46-48— Average Medium cross-bred, 44-46 Average Bellies— Half-bred— Low to medium .... Pieces—■ Half-bred— .. 101 to 16 5 Bellies and pieces— Cross-bred^— Good Crutchings— Half-bred— Medium to go6d to 101 to 7 to 8J to 5 Inferior and seedy Cross-bred— -- 6i inferior and seedy ,, Locks— Merino .. 3* Cross-bred ... 4* to 6