WOOL RECOVERS.

Auckland Star, Volume LXVIII, Issue 303, 22 December 1937, Page 4

WOOL RECOVERS.

GOOD DUNEDIN SALE. AVERAGE PRICE I3D A LB. BRADFORD BUYING KEENLY. (By Telegraph.—Spocial to "Star.") DUNE DIN, Tuesday. Once again Dunedin lived up to its reputation among wool-selling centres as the "Geelong of New Zealand," the superior quality of the wool attracting wider competition and sending prices above the levels established at recent . sales in the North. While Japan was still absent from the market Bradford I started to buy and keenly competed with j the Continent for fleece wools, while hatfbred and crossbreds showed a rise of j from %d to Id on recent values. j The sale undoubtedly exceeded the i expectations of sellers of specialty wools, these lines showing high yielding qualities and bringing the biggest advances. The continued improvement in the market gives cause for general gratification i and Otago woolgrowers who were piepared to meet the market were happy, for the values obtained were in most cases above their estimates. It was Bradford's day, Yorkshire buyers obtaining lame quantities. With .Tapan coming back on to the market the present satisfactory values would certainly rise. Already one half of the Australian clip has lx'cn auctioned and one fourth of New Zealand's wool has now found buyers. To meet her needs Japan will probably have to pay higher prices later. * Range of Prices. The following is the official range of pi ices:—• Merino.- Super. loVicl to ]8V&d: average, 13Vtd to 14% d: inferior, H'-id to 12% d. Fine ITalfbreds, 56-58. —Extra super. IRd to 22 V&d: super, lfid to ITV&d: average, 14% d to 15M>d: inferior. 13d to 14d. i Medium Tlalfbred, 50-50. —Extra super, j 15Mid to lfi%d: super. 14d to 15d; average, 12% dto )334d: inferior. ll%d to 12d. j Coarse Halfbred. 4S-50. —Extra super. 14V,d In 15% d: super. 12 , /4 dto 14d; aver-i age. ll%d to 12 Vi d; inferior. lOd to llV&d. | Fine Crossbred, 4(5-48. —Extra super, | 13V&d to ]4'/iil; super. 12d to 13V4d; average, lid to ll%d; inferior, lOd to 10% d. Merino Necks and Pieces. —Super, to 15Vjd: low to medium. lOd to 13% id. Halfbred Necks and Pieces.—Super, 14.1 to }sVsi\: good to super, lid to 13V&d; low to medium, to 10% d. Crossbred Necks and Pieces. —Super, to 12d: average, 9d to 10d; inferior, 7V4cl to BV6d. Crutchings.—Halfbred medium to good. 9d to 10?4d; inferior, 7d to 8d: crossbred, medium to good, 8d to lO'/sd; inferior, 5d to T'/id. Locks.—Tlalfbred. medium to good. oVfcd to 6%d; crossbred, medium to good, 4d to Gd. FUTURES STEADY. ANTWERP. December 21. The Antwerp market for wool futures is quiet. Quotations for 64's dry combed tops are as follows, compared with pre- ! vious week's rates: — Nov. .SO. "Per. 7. r>pc. 14. r>or. 21. IVr lb. ]'or lb. Per lb. JVr lb. d. d. d. d. Marek .... 241 2fi 2r,J 25 J May 24J 25J 2f,§ 252 July — -— 26i 258