The Local Market. 



699 



THE LOCAL MARKET. 



August, 1920. 



(NOTE.- 



-The local market prices of certain other agricaltuial produce and of stock, 

 are published elsewhere in this issue.) 



WOOL. 



The market continues exceedingly dull and very little business has been done during the 

 past month. A few sales of extra super comljing wool of good length and quality are 

 reported at prices ranging from 17d. to 20d. (ler \h. and medium su])er wool at 13d. to 16d. 

 per lb. The prices paid for these types of wool prior tn the decline of the market in February 

 last, was from 50d. to 60d. per lb. for the former type and from 25d. to 30il. per lb. for the 

 latter. Lai'ge stocks ]irincii)ally of medium and short wools, are now lying at the Coast, and 

 seeing that the forwarding of the new season's clip to the i)Oi-ts will commence at the end 

 of September, it is feared that buyers will not show any interest in the old stocks, unless 

 the^e are obtainable at a very low figure. 



Cable advices from London report that the Government Wool sales oi)encd with improved 

 tone and that prices advanced .5 per cent. This is due to more competition mainly from 

 continental buyers and should help to relieve tlic i)resent severe depression in the market. 



Owing to the slight demand for wool at the ports of the Union it is impossible to give 

 reliable figures as to present value and the following quotations must be regarded as nominal 

 and do not indicate prices actually obtained at Kiles during the past month. The classification 

 is tha' recommended bv the Central Wool Committee : — 



Grease Wool, 



d. d. 



1 . Choice superfine sound combing. 



well skirted, of good regulai 

 length ... ... ^ 



2. Su])erfine sound combing, well 

 skirted, similar in quality l)ut 

 not of such good length as type 



1 ' ... 20 



3. Extra super combing, dee)) 

 stapled, sound, well skirted, of 

 less fine quality than ty])e 1 ... 18 



4. Super combing, skirted 



5. Good average combing 



6. Average combing 



7. Inferior combing, irregular, 



very tender or otherwise defi- 

 cient ... 



8. Extra super medium choice (9 

 to 10 months), well skirted ... 



9. Super medium (9 to 10 months), 

 skirted ... 



1 0. Average medium (8 to 9 months) 

 of not such good style as type 9 10 



The above prices are for wool free 



23 to 26 



22 



14 

 12 



10 



20 

 17 

 13', 

 11 



14 „ 17 



12 „ 13i 



12 



11. Inferior medium, 8 to 9 months 9 



12. Choice superfine shorts, well 

 skirted 12 



13. Superfine shorts, skirted ... 10 



14. Goodbulkyshorts(6to8months) 9 

 1.5. Average shorts... ... ... 8 



1(3. Inferior shorts ... ... ... 6 



17. Native super ... ... ... !» 



18. Native medium ... ... S 



19. Native inferior... ... ... 7 



20. Bellies and good pieces, combing 1 



21. Bellies, etc., nuxed 



22. Locks and second pieces 



23. Super white coarse 



24. Average white coarse ... 

 2.5. Inferior white coarse ... 



27. Average coarse and coloured ... 



28. Inferior coarse and coloured, 

 kempy ... 



29. Cross-bred 



d. 

 to 10 



„ 14 

 ,, 11 

 „ 10 



» 

 „ 7 

 „ K' 

 „ 9 

 ,, 8 

 „ 11 

 10 

 7 



from seed and burr. 



Snow Whites 



d. d. I 



6 



10 



1. Extra super snow white, good 



bulk, free 40 to 48 



2. Siiper snow whites, fair bulk, 



free 33 „ 39 



d. d. 



3. Average snow whites, shorter 



and faulty 27 to 30 



4. Inferior 16 „ 20 



