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THIRD DUNEDIN SALE.

RECORD PRICES PAID.

OVER 30d FOR HALFBRED.

GENERAL ADVANCE IN RATES.

[BY TELEGRATH. —PRESS ASSOCIATION, g DUNEDIN, Thursday.

Tile third Dnnedin wool sale of the season, which, was opened last evening, was continued to-day. The various brokers offered catalogues totalling 27,325 bales. There was a representative attendance of buyei's, every seat on the benches being occupied. A largo proportion of the offering included clips which had been shorn for some time and which had arrived in Dunedin too late to be included in the last sale. The wools opened in splendid condition and it can bo said that some of the halfbreds and fine crossbreds offered at this sale were in beautiful order. Some of the Southern Lakes district and back-country wool was well grown, but being winter-shorn showed much more condition.

Tho hope of the growers that the offering would command the high prices obtained in other parts of the Dominion was more than justified and under extremely good competition prices advanced from 3 z d to 2d per lb. for good halfbreds, crossbreds and good pieces, compared with the rates ruling at the sale on February 1. Great Britain lifted the greatest proportion of the catalogue, but Continental buyers were determined competitors and secured a fair share of the offering. America did not buy much, the prices paid evidently being above her limits. Very few lots were passed and it can safely be said that this sale is one of the best ever experienced in Otago, and again record prices for New Zealand this season were obtained.

Tho following is the range of prices, the rates at the February sale being sho\yn for the purpose of comparison:—

Merino— Extra super Super Average Inferioy Fine Halfbred— Extra Super .. Super Average ... Inferior Feb. 1. d. d. , 26 to 28} 23 to 25 h 21 to 221 19 to 21 26 to 28} 24 to 25} 22} to 23| 20 to 22 March. 6, d. d. to 30 25 to 26 22 to 23} 21 to 22 to 305 26 to 27} 241 to 25* 21 to 23} Medium Halfbred— Extra super Average Inferior 25} to 26J 21} to 22} 20 to 21i 241 to 26 22} to 24 21 to 22 Coarse Halfbred— Super ., Average .. >. Inferior 23 to 24} 21} to 22* 19 to 21 24 to 25? 22} to 23} 20 to 22. Fine Crossbred— Super Average Inferior 20 to 23} X!) to 1.0 J 17 to 18} 22 to 24 20 to 21 18 to 19} Medium Crossbred— Super Average Inferior 38 to 19} 30J to 172 15 to 16} 20 to 22 17} to 19? 16 to 17} Merino Bellies and Good to super . . Medium Pieces— 21 to 241 15} to 20 16} to 17} Halfbred Pieces— Good to super .. Medium 21 to 24} 17 to 20 22 to 26} 17 to 21 Crossbred Pieces— Good to super . . 18 to 22 18 to 22 Cmtebinss— Medium to good . • Inferior .. 12 to 16 7 toll 13 to 16 g to 12 Locks— T ermo Halfbred Crossbred 12 to 15} 9 to 12 7 to 11 9 to 13} 8 to 12

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19280309.2.89

Bibliographic details

New Zealand Herald, Volume LXV, Issue 19891, 9 March 1928, Page 10

Word Count
526

THIRD DUNEDIN SALE. New Zealand Herald, Volume LXV, Issue 19891, 9 March 1928, Page 10

THIRD DUNEDIN SALE. New Zealand Herald, Volume LXV, Issue 19891, 9 March 1928, Page 10