SOUTHERN WOOL SALES
NINETY PER CENT. SOLD.
VALUES DROP SLIGHTLY,
(Per Press Association. —Oopyrigl’t.) TIMAKU, This Day,
A full and representative bench of buyers faced the rostrum in the Theatre Royal yesterday for the opening of the first wool sale of the season in Tiinaru; 11,984 bales being submitted, an increase of 2137 bales on the offering at the first sale last sea-
The wool came forward in fairly good order, but as the result of the unfavourable weather experienced during the spring, the standard of selection was not up to that of the first sale last year. A number of the clips wepe bright and well grown, but hogget wool generally showed signs of tenderness. In many cases the valuations tended were a fraction more than buyers were prepared to offer, but nevertheless, about 90 per cent, of the total offering was cleared. The Continent and Bradford were the principal operators and bidding was fairly keen. The Dominion mills purchased most of the top lots, showing a preference for good halfbreds. Although prices were down on those obtained at the corresponding sale of last season, values were on a par with that held recently at Christchurch. RANGE OF PRICES. Merino — Super, 18$d to 19 |d. Avei’age, 17£d to IBsd. Inferior, 16d to 17d. Halfbred—iSuper, 21d to '23£d. Average, 19d to 20-Id. Inferior, 18d to 19d. Threequarterbred — Super, 18d to 21d. Average, 15fd to 17$ d. Inferior, 14d to 15£d. Crossbred — .Super, 16$d to 18d. Average, 15|d to 164 d. Inferior, 13|d to 15d. Corriedale — Super, 20;di to 21$d, Average, 17fd to 19$d. Inferior, 16d to 17$d. Pieces — First, 16fd to 18|d. Second, 114 d to 15d. Bellies, etc. — Good, 12$d to 16d. Crutehings, 12$d to 16d. Locks, to Hid- ■ Comebacks, 19 4 d to 214 d. Merino necks, to 17d. Merino bellies, to 14fd. VALUES FIRM. (Australian Press Association.) (Received 9.51 a.m.) .SYDNEY, This Day.
The wool sales were (resumed yesterday, itihSe demand for (free wellgrown wool being - well maintained. Lanes showing; sjpeeaal .fineness were keenly competed f : ojr, principally (by the French market. Values generally were very firm at the closing rates of last series. Greasy merino sold to 40d. The total quittance was 11,858 bales.
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Bibliographic details
Northern Advocate, 18 December 1928, Page 6
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368SOUTHERN WOOL SALES Northern Advocate, 18 December 1928, Page 6
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