FRENCH BIDS TWICE BREAK WA's
RECORD WOOL PRICE
The West Australian record price for greasy wool (125d) was twice broken be fore lunchtime today at the Perth wool sales. From 125½d the peak bid jumped to 128d. The State scoured wool record price ( 144d) also soared — to 150d soon after the opening of the sale. The 150d. was bid for scoured super AAA pieces offered by Westralian Farmers on account of Mt. Farmer; Murchison.
Eleven bales of AAA comb ing (greasy) offered by Elder Smith and Co Ltd. for Glen orn brought a 125½d. bid from French buyers Kreglinger and Ferneau. Then the same buyers bid 128d. for five bales of AAA combing sold by Dalgetys on behalf of J. Warren of Ban jawarn, an Eastern Goldfields station about 80 miles north east of Leonora. The reception of the Banja warn offering was indicative fof the record market. On the same catalogue Ban jawarn got 118½d. and 116d. for AAA hoggets, 112d. 1UM. llO^d. 109id. for AA combing, 107id. for AA, 103 14d. for A A hoggets, and 94d. for A combing, and less for 'lower quality lines.' Bidding for high quality lots opened as high as 120d. Pistol shot bidding frequently swept lots past the llOd. mark while. lOOd. became common place: , Though today's offering of 14,699 bales and 3284 bags was considered small compared with the last sale of 39,719 bales and 5700 bags keen in terest has centred on the sale following reports of record bidding in the Eastern States.