WINTER WOOL SALES

Evening Post, Volume CXXVI, Issue 50, 27 August 1938, Page 12

WINTER WOOL SALES

DUNEDIN BUSINESS

(By Telegraph—Press Association.) DUNEDIN, August 26. The usual winter sale of crutchings and oddments was held today when more than 1900 bales were submitted to a good attendance of buyers. The offering was a medium one, a big percentage of the crutchings being discoloured and stained. Very few super lots were on offer. Competition was only fair, values generally being firm on northern sales. Bradford, the Continent, and Australia were the chief buyers, with local mills operating sparingly. Local scourers were also interested and purchased a fair quantity of crutchings and skirtings. The absence of Japanese competition was keenly felt. Previously Japan had bought a good weight of finer sorts. There was a fair demand for fleece on offer and any lots submitted were keenly competed for. Skirtings also sold well. Approximately 60 per cent, was sold at auction. The official range of prices was as follows: —Merino crutchings, practically none sold; halfbred crutchings, super, to 7d, medium to good 6d to 6Jd, seedy and inferior 4|d to 5Jd; three-quarterbred, super, to 7Jd, medium to good 6d to 62d, seedy and inferior 5d to 5Jd; crossbred, super 8d to BJd, medium to good 6£d to 7£d, seedy and inferior 5d to 53d; fleece, average halfbred, 56-58, 10£ dto Hid, average fine crossbred, 48-50, 9§d to lid; average crossbred, 46-48, lOd to lOJd; average crossbred, 44's, lOd.