TIMARU WOOL SALE

Wanganui Chronicle, Volume 80, Issue 300, 18 December 1937, Page 15

TIMARU WOOL SALE

Further Improvement In Prices CONTINENTAL DEMAND [ Per Press Association. ] TIMARU, Dec. 17. At the first wool sale in Timaru for the current season 14,634 bales were catalogued compared with 17,881 bales at the corresponding sale last year. The original allocation for the sale was 20,000 bales, but it was not filled as numbers of growers withheld their clips in anticipation of better prices at later sales. The opinion of buyers was that the sale was the best held up to the present. Compared with Christchurch, values were a full half-penny advance for halfbreds and a half-penny to three-farthings for crossbreds. There were few withdrawals and passings were normal. The wool was in a much heavier condition than last year, containing a fair percentage of dust, but on the whole sound but not quite as well grown as in previous seasons. As at previous sales, the Continental section dominated the market, but Bradford picked up a fair quantity of suitable lots. Japan and America were out of the market. There was a small selection of Merino, the better lots of which were purchased by Dominion mills, which were also active for best halfbreds. Bellies and pieces were keenly competed for by Continental buyers and on a clean scoured basis were relatively dearer than fleece wool. 1 The official report of the South | Canterbury Wool Brokers’ Association states that there was a total offering of 14,589 bales. A feature of the : sale was the keen competition from local mills and Continental buyers. Values generally exceeded the most sanguine expectations and as a result passings were practically negligible, almost a complete clearance being effected. The clip this year opened up rather more heavy in condition! than last year. The offering of hog- J get wool was better than usual, bet-

ter feed conditions during last winter being reflected in the soundness ol the wool. Official Range of Prices The official range of prices was as

TOP PRICE J AID FOR WOOL Top price cf 2bid per lb for four bales of super halfbred ewe wool sold on behalf of J. F. Scott, Mount Pleasant, was paid at the Christchurch wool sale on December 13, reports the Christchurch Star-Sun. Tills wool was purchased by the Kaiapoi Woollen Manufacturing C .'.-.; a-.v Ltd. ( ROSSBREDS DEARI R Wright, Stephenson and Co., Ltd., and Abraham and Williams, iLd., report having received cable advice from their Bradford agent regarding the tops market reading as follows: “Merino tops are Id up and fine crossbred tops id up, while other crossbred tops are Id up. There is a fair amount of inquiry with a moderate amount of business passing.”

follow: — d d Merino— Super to 174 Medium 134 to 145 Fine Halfbred— Extra super to 183 Super 16 to 17* Medium 145 to 151 Inferior 121 to 13 Medium Halfbred— Super 143 to 151 Average 13 to 133 Three-quarterbred— Super to 14 Average 111 to 12* Medium Crossbred— Super Hi to 12* Average 104 to 11* Strong Crossbred— 11 to 12* Hogget Merino— Super to 173 Medium 14 to 153 Halfbred— Super to 175 Medium 15 io 1641 Inferior 13 to 14* Three-quarterbred— Super to 143 Medium 12* to 13* Inferior 11 to 12 Crossbred— Su$er to 12* Average 11 to 12 Necks — Merino 14 to 151 Halfbred 14 to 15* Three-quarterbred 12 to 13 Pieces— Merino 123 to 14* Half bred 11* to 14 Three-quarterbred 93 to 11* Crossbred 83 to 10 Bellies— Merino 10 to 11* Halfbred 10J to 12 Three-quarterbrcd 9 to 105 Crossbred 8 to 91 Crutchings— Merino 83 1o 1041 Halfbred 84 to 104 Three-quarterbred 9 to Hi Crossbred 81 to 103 Locks— Merino 7 to Half bred 6 to 7 r t hree-quarterbred and crossbred to 6*