DUNEDIN WOOL SALE

Nelson Evening Mail, Volume LXXI, 22 December 1937, Page 11

DUNEDIN WOOL SALE

BEST OK SERIES RANGE OF PRICES I IBy 'lVletrriiiili- I’reHH Aspnoiation 1 DUNEDIN, 21st December. The sixth wool sale of the New Zealand scries held in Dunedin today was characterised by the best price level attained at a Doininoin auction this season. The average price a lb. was about 13d or .1117 a bale, and the gross cheque payable to growers in the province should exceed £ 400,000. The average price for the four Dunedin auctions last year was 1G.94d per lb., or £23 a bale, the total proceeds of file first sale of the year being in the vicinity of £600,000 for approximately 30,000 bales. The aggregate return from to-day’s sale may fall well below that of the opening Dunedin auction last year, but there is ecouragement for the woolgrower in the fact that the market has revived to an extent that seemed improbable three weeks ago. Bradford set a smart pace and the local mills followed it, but Continental competition was not over-brisk. France was a good buyer, but Germany and the United Slates were sluggish and Japan was a negligible factor. Following is the official range of

prices:— Merino — d. d. Super 15! to 181 Average I3.S to 14:! Inferior ill to 12:! Fine halfbreds, 5G/58’s — Extra super 18 to 22!, Super 1G to 171 Average 14.1 to 151 Inferior 13 to 14 Medium halfbreds, 5056’s— Extra super 15 J to 1G. : ! Super 14 to 15 Average 12 to 133 Average 12:! to 137 Inferior iii to 12 Coarse halfbreds, 48/50's — Extra super 14.1 to 153 Super 12.1 to 14 Average 11“ to 121 Inferior 10 to 111 Fine crossbreds, 4G/48’s — Extra super 131 to 141 Super 12 to 13:1 Average 11 to 113 Inferior 10 to 107Medium crossbreds, 44/4G's— Extra super 12.', to 12:1 Super 11 to 12 Average 10j to 113 Merino, necks and pieces— Super — to 151 Low to medium .... 10 to 133 Halfbred, necks and pieces— Super 14 to 151 Good to super .11 to 131 Low to medium .... 91 to io : ; Crosbred. necks and pieces— Super — to 12 Average 9 to 10 Inferior 7i to 81 Crutchings, halfbrde — Medium to good .... 9 to 10:? Inferior 7 to 8 Crutchings, crossbred — Medium to good .... 8 to 101 Inferior 5 to 71 Locks, halfbred — Medium to good .... 51 to G3 Locks, crossbred- — Medium to good .... 4 to f)