WOOL MARKET.

Wairarapa Age, 11 March 1930, Page 5

WOOL MARKET.

FOURTH CHRISTCHURCH SALE DISAPPOINTING. EASING IN PRICES RECORDED. PASSINGS FAIRLY HEAVY. CHRISTCHURCH, March 10. The fourth and. final Christchurch wool sale of the season was held to-day. The catalogue comprised 8933 hales. There was a full bench of buyers, all the purchasing points being represented. The catalogue was of the usual end of season character, being comr prised for the most part of back country wool, dull, with very little bright wool through it. The sale was somewhat disappointing It had been hoped that the-bettor tone of the overseas markets and the rather brighter atmosphere at the Napier sale would be reflected locally, but this was not the ease. Compared with the previous sale in Christchurch there was an easing in price equal to about a penny a pound in the finer fleece wools and up to a half-penny a pound in the coarser wools. Pieces showed very little change. The principal purchasers were America, the Continent and Bradford, with local scourers participating in the fellmongering lots. The sale throughout was very irregular and a big proportion of the buying circle appeared to have very little interest in it. When fairsized lots of re-classed wool came forward there was, on’ occasion, spirited competition, but on the whole the sale was not what it was hoped it would be. Passings were fairly heavy, approximating 20 per cent, of the total catalogue. The highest price recorded was Hid for three different lots of halfbred. The top Corriedale price was lid, and merino sold at lOjd. Five bales of another merino clip were passed at llfd. The top crossbred price was 9d. Following is the range of prices, those for February 11 being given in parentheses:—

Merino.—Extra super to IOJd (to Hid); medium, Bid to 9fd (9}d to 10id; inferior, 6|d to 8d (7id to 9d). Corriedale.—Extra super, to lid (to 13id); medium, 9}d to IOJd (lOd to Hid); inferior, 7id to 9d (8d to 94d). Fine Halfbred.—Extra super, to Hid (lljd to 13*d); medium, 9d to 104 d (lOd to Hid); inferior, 7Jd to 84d (8d to 9d). Medium Halfbred.—Extra super, to Hd (ll|d to 12|d); medium, Bid to lOd (9id to Hd); inferior, 7d to BJd (8d to 9d).

Coarse Halfbred.—Super, to 10)d (to Hd); medium, 8d to 9id (Bid to lOd); inferior, 6id to 7id (7Jd to BJd). Three-quarterbred.— Super, to Old (to lOJd); medium, 7d to 8d (8d to 9d); inferior, 6id to 7d (7d to 8d). Medium Crossbred.—Super, to Bld (B'id to 9d); medium, 6id to 7id (7*d to 8Jd); inferior, 6d to 6id (6Sd to 7id). Coarse Crossbred.—Super, 7}d to 7fd (8d to Sid); medium. 6id to 7d (7}d to 8d); inferior, sid to 6d (6d to 7d). Pieces.—Best Halfbred, 7|d to 84d (8d tn 9d), medium 5Jd to 7d (sid to 74d); crossbred, 4d to sid (4d to 6}d). Crutchings.—Best, 5d to 6}d (to 7d); low to medium, 3d to 4id (21d to 4id).

Bellies.—Best to 7Jd ( to 7}d); low to medium, 4id to 5Jd (4d to Sid). Locks.—Best, 3}d to 5d (Sid to 4id); low to medium, 3d to Bid (~24d to 3Jd).—(P.A.)