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LIVELY BIDDING.

DUNEDIN WOOL SALE. AN EXCELLENT START. i VALUES FIRM ON TIMARU. (By Telegraph.—Press Association.) DUNKDIX, this day. A full bench of buyers faced the auctioneers at the opening of the lirst Dunedin series of wool sales. Altogether 24.27"! bales are to be disposed of. An excellent start was made, over <SOOO having been cleared in two hours. Values through the morning were firm oil the Timaru market and over flu per cent were sold. A noticeable feature was that competition, which was lively within buyers' defined limits, was more spread than in northern sales. The Continental operators were the principal buyers, with strong support from Bradford. Cermany was not in to a great extent, .lapan also making small purchases. Local mills were in the market for super lots and were buying more than in the north. France was taking any skirtings on offer. Belgium was also interested in this market.

The quality was not quite up to Duucdin's standard. The ewe wool was somewhat shorter and thinner in fibre and bulk. Hogget wool showed the results of adverse weather. North Otago wools. however. were better grown and more free from dust than usual. Central clips were patchy.

Taking into consideration the character of the wool on offer, values were linn on Timaru. Practically four catalogues covering nearly 12,000 bales had been cleared at lunch time.

At the adjournment the top price realised was for four bales of super combing tine hulfbred ewes and wethers, 151 d being paid for this consignment. Another live bale lot of extra super halfbred ewes and wethers brought l.~nl. Both eanie from Clyde. l'it'teeupeiice was also secured for five bales of super combing halfbred ewes and wethers from Teviot. These, lots were taken by local mills. Super tine erossbreds were cleared at from lid to 13Jd. Medium erossbreds super quality brought from lOd to lljd. (iood to super halfbrods generally sold at from to ll^d.

There appeared to lie some laxity in the matter of skirtings, which evidently do not receive sufficient attention. L'seful clips were marred by the presence of these fatty skirtings.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19381220.2.26

Bibliographic details

Auckland Star, Volume LXIX, Issue 300, 20 December 1938, Page 4

Word Count
351

LIVELY BIDDING. Auckland Star, Volume LXIX, Issue 300, 20 December 1938, Page 4

LIVELY BIDDING. Auckland Star, Volume LXIX, Issue 300, 20 December 1938, Page 4

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