PEAK WOOL WES AT DUNEDIN
Sensational Rise of 3d for Crossbreds [Per Press Association. Copyright.'] DUNEDIN, This Day. Peak prices for the Dominion season were reached during the auctioning of the first two catalogues, representing a third of the offering at the third wool sale of 30,700 bales yesterday. There was sensational advafice in crossbreds, prices being fully 3d per lb higher. Fine wools, while not showing the same advance, were keenly competed for by Japan and the Continent, and were fully Id higher. Pieces and* bellies shared in the general improvement, fine wools being up Id and coarse lines of crossbred at least 2d. The wool opened up well, being consequently well suited to American and Japanese trade. There was not a vacant seat on - the buying platform, every country competing. The sale was very animated, only three lots being passed in the first 90 minutes. The offering of superfine half-breds ■suitable for local mills~Was small, causing keen rivalry. '£he top price for the first two catalogues, IZBjd, was for super half-bred.
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Northern Advocate, 23 March 1937, Page 6
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173PEAK WOOL WES AT DUNEDIN Northern Advocate, 23 March 1937, Page 6
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