CHRISTCHURCH WOOL SALE

Wanganui Chronicle, Volume LXXXI, Issue 18917, 21 January 1924, Page 8

CHRISTCHURCH WOOL SALE

CONTINUANCE OF GOOD PRICES. ADVANCE ON DECEMBER RATES. (Per Press Association.) CHRISTCHURCH, Jan. 20. The third wool sale of the local series was commenced last night, and will be continued to-morrow. The consistent of good prices which has marked the sales of this season was continued, and a number of new figures were setThe total catalogues comprised 26,676 bales, of which 4260 were offered last night and sold with the exception of 27 bales. The wool lacked brightness and the general condition of last sale, ami the long sequence of nor’-westers has resulted in much of it being seedy, and earth stained, and consequently heavy in condition. Practically every buying country was represented on the benches, and wool appeared to be in demand by all of them. Bradford provided the strongest buying end, notably of three-quarter bred and merino, their activity for the latter being in contrast to last sale when, however, there was little merino forward. Prices again went soaring, and some remarkable figures were made for fine lots. Fellmongers had difficulty in securing wool which would show a margin for handling. The best prices so far are:—32{d for merino, 28Jd for halfbred, 28|d for Corriedale, 26jd for three-quarterbred 20|d for crossbred, 27i«l for halfbred pieces, for crossbred pieces, 14d for merino crutchings and locks, and 22}d for merino bellies. There was an all-round advance in price on December rates, notably for super merino, good three-quarters and halfbred wools and fine pieces.