WOOL MARKET

Wairarapa Daily Times, 26 August 1936, Page 6

WOOL MARKET

CRUTCHINGS SALE. CHRISTCHURCH, Tuesday. Sustained and determined bidding was forthcoming for the better wools at the oddments and crutchings sale held to-day. There was a full bench of buyers, representing all the main buying points, but Japanese buying was particularly strong. Prices were well in advance of those at the corresponding sale last year. The catalogue consisted of 1944 bales, beside the usual bags and fadges. Of the total about 325 bales were fleece wool, the bulk of the remainder being crutchings. The owners of some of the better fleece wool and pieces had set high limits, and some of the crutchings offered did not attract bids, but passings were only 9 per cent of the offering.

The quality of the wool was extremely mixed, as it usually is at winter sales, and there was very little super wool. Bidding on all but the lowest lines was animated, but was particularly good for better selections of both fine and coarse pieces.

Japan was the dominating factor, and took all classes of crutchings and pieces.

The best price of the sale was 15Jd, paid for 7 bales of halfbred hogget, sold under the brand Happy Yalley. Five bales of similar wool under the same brand made 15d, and 5 bales of reclassed reached the same price. Merino fleece wool made to 15d, that price being paid for three bales from Mendip Hills. Half-bred pieces had several sales up to 12id, and halfbred crutchings made 10§d. In a number of instances crossbred crutchings made up to 9fd. Compared with the sale last year, prices for good crutchings were from 2d to 24d higher, medium crutchings were Id to 2d higher, and medium crutchings, though erratic, were also higher. Fleece wools were on about the same level as at the fourth sale of the main season. Prices were as follow: Crutchings: Fine, to lOJd; medium, 74d to 94d; low, 44d to 71d. Pieces: Fine, to 12-Jd; medium, 84d to low, 5d to B^d. —(P.A.) BRADFORD TOPS. LONDON, Monday. The Bradford tops market is quiet but firm at last week’s advance. The crossbreds are fully established on the market against the buyers. Consumption is well maintained. Yarns are; firm, especially crossbreds, which occasionally are a shade dearer.