DUNEDIN WOOL SALE.

Manawatu Standard, Volume LVIII, Issue 21, 22 December 1937, Page 4

DUNEDIN WOOL SALE.

VERY KEEN COMPETITION. ADVANCE OF A HALFPENNY. Per Press Association. DUNHDIN, Dec. 21. Tho official report of the Dunedin wool sale submitted on behalf of the seven soiling agents is as follows: The Dunedin Stock Agents’ and Wool Brokers’ Association report that at the first sale of tfle season, held to-day, 24,000 bales were offered, of which approximately 95 per cent was sold. There was a full bench of buyers in attendance, representing the principal consuming countries of the world. Competition was exceptionally keen, the Continent and Bradford operating freely- The local mills were a strong factor in the market and bought most of the wauls suitable for their trade. Bradford were more prominent to-day than at any previous sale held in the Dominion to date. Canada was also in the market for super fine halfbred. The selection generally was a good one, especially Wools from Hie coastal, Tapanui, arid Roxborough districts. However, some back country clips showd an excess of dust and some early seed through tho prolonged dry weather. The halfbreds offering were slightly mare attractive than those offored at the December sale last year, and wore a shade lighter in condition and generally sound and,of good length. There was little difference in the condition of the Merinos as they were offered in the first sale last year. The catalogue for crossbreds contained a big percentage of hogget wools, which, through the season being particularly ,wet in the early part of the spring and also clue to lack of feed, were a little thin in the fibre and in some cases showed weakness. Ewe wool, although a little Tighter in condition, was fairly bulky and showed good colour. . As compared with provious sales held in the Dominion, and taking into consideration tho lighter condition of the wool, the market can be quoted firmer by one halfpenny. An extra super combing halfbred ewe and wether lot brought 22Jd which is the top price for the Dominion sales. RANGE OF PRICES.

AUCKLAND REALISATIONS. Per Press Association. AUCKLAND, Dec. 21. The proceeds of the first Auckland wool sale of the current season held on November 27 totalled £201.700, according to the official figures issued by the Auckland Woolbrokcrs’ Association. This is less than half tho total of £439,270 distributed after the first sale last season, and is also slightly less than the cheque of £240,154 received from the opening fixture of the 1935-36 season. A total of 25,292 bales wap offered at the sale and 14,910 were sold. The average price was £l3 103 7d a bale and 9.37 d per lb.

The following is the official range of prices:— Merino— d d Super ... 15-i to 184 A vefage 134 to 14| Inferior 1H to 121 Fino Halfbrods, 56-58’S'— Extra, super 18 to 22i Super 16 to 17* Averago 14i to 154 Inferior 13- to 14 Medium Halfbreds, 50-56’s-i Extra super - 15j to 161 Super : 14 to 15 Averago 123 to 131 Inferior Hi to 12 Coarse Halfbreds, 48-50’s — Extra super 144 to 151 Super 12a to 14 Average 111 -to 12* Inferior 10 to 11* Fine Crossbreds, 46-48’s — Extra super 13i to 14i 12 to 13* Sopor Average 11 to 111 Inferior 10 to 101 Medium Crossbreds, 44-46’s Extra super 121 to 123 Super 11 to 12. Average to 101 Merino Necks and PieccsSupOr to 154 Low to medium ... 10 to 131 Half bred Necks and Pieces Super 14 to 154 Good to super 11 to 114 Low to medium 94 to 103 Crossbreds Necks and Pieces— Super to 12 Average 9 to 10 Inferior 74 to 84 Cru tellings— Half bred— Medium to good 9 to 101 Inforior 7 to 8 Crossbred— Medium to good ... 8 to 104 Inferior 5 to 7| Locks— Half bred — Medium to good , .... 54 to 61 Crossbred — . Medium to good 4 to 6