WOOL MARKET

Waipukurau Press, Volume XXII, Issue 222, 8 December 1926, Page 3

WOOL MARKET

WELLINGTON SALE. j CROSSBREDS ADVANCE. M ELLINGTON, Dec. 7. The second wool sale of the season held at Wellington. yesterday, proved very satisfactory, for crossbred wools showed a distinct upward tendency under American competition. The condition of the wool was good; it was light in grease. The wool from the Wairarapa side was showing, x in some instances, the effects of the drought last year, and was not as bold and sound in the staple as it usually is in an average good season. The wool from the Manawatu was quite up to the mark, as were also the wools from Nelson and Marlborough .There was not a large offering of either merino or halfbred wools. Merino wool in the South Island has not been selling too well, and it is evident that the prices which have obtained here in November for morion would be difficult to obtain today. The same remarks apply to halfbreds, and there was only one small offering of medium quality of this class of wool. Crossbred sold exceedingly well, American representative were buying fairly freely, more so than at the November sale, ami were paying on the whole about a half-pen'ny higher and sometimes a little more. The bulk of the offering of crossbreds was secured by Bradford buyers and Continental representatives, and the competition was so keen and sustained that practically the'' whole of this class of wool sold at an advance of a half-penny, as compared with the November sale. Lamb ’s wool was secured by French representatives, without any alteration in last sale values. Hogget wool sold exceedingly well and was secured principally I.>y Bradford buyers. Bellies and pieces commanded the attention of the Dominion mills and Continental buyers, and some exceedingly good prices were ;mil. RANGE OF PRICES.

MELBOURNE sales. MELBOURNE, Dec 7. At the wool sales the market showed little change. The top price realised was 291 d.

d. d. Alerino— Super 19| to 23 A ve rage .1.61- to 191 Fine Halfbred —- Super 17 to 191 Average 13-1 to .161 Medium Half bred— Super 15 to 171 Inferior 101 to .12 Coarser Halfbred— Super 14 to 16 Average .13; to 141 Inferior 101 to 111 Corriedale — Super 121 to .15 Fine Crossbred— v. Super 13-1 to 15 Average 111 to .1.31 Inferior 10 to 111Med ium ('rossbred — Super 13 to 141 Average 14’- to 131 Inferior 9 to 11 Coarse Cross 1 >red — Super .111 to 131 Average IO] to 12 - Inferior 8 to 10 Low Crossbred. — Super .11.1 to .12 Average 91 toll! Inferior . 71 to 91 Hoggets 121 to 161 Fine 1.1.1 to .15 Medium 101 to 131 Co ar st? 10 to 121 Low .10 to .111 Lambs — Fine 111 to .141 Seedy and inferior .... 51 to 10 Bellies and Pieces— Alerino good to .super.. 12-1 to .14-1 Low to medium. 101 to 121 Halfbred good to super .11 to .131 Low to medium 9 to .1.1 Crossbred good to super 8} to 14 Low to medium 5 tc 81 Crutchings— Medium to good .... 8 to 91 Inferior and seedy 3 to 7 Locks — i Alerino 91 to in i Half bred ...' 6 to 8 1 Crossbred 4 to 61