DUNEDIN WOOL SALE.

Auckland Star, Volume LXIII, Issue 302, 21 December 1932, Page 4

DUNEDIN WOOL SALE.

FINE WOOLS IN DEMAND

COARSER SORTS NEGLECTED

(Bj- Telegraph.—Press Association.)

DUNEDIN, Tuesday. The first local sale of the 1932-33 eeason was held yesterday. The sale opened, to a full bench of buyers, representing Bradford, the Continent, Japan, as well as Dominion mills and local speculators. Competition from the outset was particularly keen, especially from the Continental section. It was evident that limits from the Continent were above those held by Bradford representatives, with the result that the sale was dominated by Continental buyers, with Bradford picking up odd lots suitable to their requirements. Bellies and pieces were very keenly competed for, and the major portion secured tiy French buyers. Dominion mills, when fine super lots came under the hammer, would not be denied, and secured most of the lots suitable to thenrequirements. The wool opened up m heavier condition than the previous year, but was bright, sound and particularly well grown.

There was little in the sale to justify the hopes that had been created by reason of advices from Bradford that a higher range of prices would rule for crossbreds.

In respect of fine wools the market was fair, being from par to %d better than at the two sales already held in the South Island. The official range of prices was as follows: —

Merino— d- d - Extra super to 121 Super A to 11 Average 75 to 82 Inferior 5 to 62 Fine Half bred— Extra super 11 to 12 Super 9i to 10i Average 72 to 91 Inferior 0 to 02 Medium Halfbred — Extra super 01 to 11 Super 81 to 91 Average 71 to 8 Inferior 6 to 7 Fine Crossbred— Super 02 to 71 Average iil to 6J Inferior 31 to C Medium Crossbred — Super 51 to 6 Average 4 to 5 Inferior 21 to 32 Hoggets—■ Fine 6 to 8| Medium 4J to 7 Bellies and Fleces— Merino: Good to super 0J to 82 Low to medium 4J to 61 Halfbred: Good to super 7 to 95 Low to medium 32 to 61 J Crossbred: Good to super ...... 5 to 7 Low to medium 2J to 4J Crutchings— Medium to good 21 to 4J Inferior and seedy .. 1 to 2 . Locks— Merino X to 22 Halfbred 1 to 3 Crossbred j to 11