TIMARU WOOL SALES

Evening Star, Issue 21641, 9 February 1934, Page 8

TIMARU WOOL SALES

EARLY BIODING RATHER DRAGGING SMALL CHANGE ON DUNEDIN PRICES [Per United Press Association.] TTMARU, February 9, The second wool sale of the current season opened this morning, when catalogues aggregating 20,959 bales' were offered to a full bench of buyers. The quality of tho wool compared more than favourably with the clips submitted at the corresponding sale of last year. Largely owing to the extremely open winter, the clip was well grown, and, generally speaking, very sound. The half-bred clips were of outstanding quality, and there were some very fine merinos. The whole offering was perhaps c [ual to tho best ever offered in Tiinaru. There was a larger percentage of fine wool than at the December sale. Bidding lacked spirit and the sale was lifeless and dragging in the first two catalogues. Super merino ranged to 20Jd; average, 18Jd; inferior, to 17id. . . . . Half-bred were m good demand, ranging from 20}d to 23.]d for super, 18id_to 19|d average, and 133 d to 17d inferior. Three-quarter-bred sold fairly well from 17-Jd to 19} for super, 12}d to 16}d average, and 10}d to Tl}d inferior. Super Corriedalo brought 20}d to 23d, average 17d to 18d. In the first catalogues cross-bred passings were fairly frequent, super bringing 12d to 16}d, average 9d to lljd, and inferior 7Jd to B}d. Merino pieces brought 20id, half-bred to 19}d, three-quarter-bred to 13|d, Corriedale to 18Jd. ft was apparent that Bradford was working on reduced limits, Continental and Japanese operators doing the bulk of the buying. Compared with Dunedin rates, super half-breds show little or no change, but ordinary to good ranged from par to a shade easier, and cross-breds were easier.