| Show WOOL SALES AVERAGE PER POUND the sale of pounds of wool in merrion and wilkins summer auction series held in denver colorado and ogden utah july august ath branded this series as the most successful of irly any auctions held since this system tc in of marketing wool was inaugurated in the united states in 1934 the volume of wool sold approximated I 1 57 of the total offering of pounds the extreme range of prices for all graded and original bag wools off sorts excluded was from to per pound with an average price on tile the total weight sold of per pound grease prices recorded in this auction series aro are the highest eliat have been paid in the west west this sea season sOll and represented full clean market parity tor for the wee sales were made to buyers representing re all branches of the woo wool 1 trade with the Top makers claiming the largest proportion of the wools sold the number of buyers to attend was the most since the auctions were established grower interest was exceptionally keen and many growers were present when their wools were sold or to confer with the auction company as to their future handling the volume of wool accumulated for the auctions this season wr practically the same as that consigned to the auctions from the 1938 clip and in view or of tile the fact that direct buying has been so prevalent in 1939 this wide grower I patronage must be considered js as indicative of the growing popularity i of the auction system of I 1 marketing wool |
