MUCH BETTER TONE

Poverty Bay Herald, Volume LV, Issue 17229, 8 April 1930, Page 4

MUCH BETTER TONE

DUNEDIN WOOL SALES HARDENING OF FRICES WK RLE BREAD COATI >ETITIO X. (Per Press Association.) DUNEDIN, last night. The Dunedin wool brokers held then fourth ami limil sale of the season at Barns' Hall to-day, when a total ol 8848 hales were offered to a large and representative bench of buyers. The offering comprised a good number of well-grown clips, which, owing to the previous sales being restricted, were held for this fixture. Taken generally, the quality of the wools was above' the usual standard which is generally olfered at the April sale. As the latest reports from London indicated a slight rise in values—6 per ''cent, on crossbreds —it was anticipated that prices here would respond to the above news. The anticipation was fully borne out and, at to-day’s auction, prices appreciated generally for all classes of wool from jil to 3d per Hi., with the exception of inferior and shabby halfbreds. which were unchanged. Competition was widely spread and Bradford and the Continent competed spiritedly for all fleece wools, whilst local mills were keen competitors for all good lines of combing wools suitable for their requirements. The Continent and fellmongers were anxious to secure lines of bellies and pieces and the great bulk of these fell to the bids of the former. Although prices were not up to a payaide value to the grower, it was evident that the buyers were operating at an increased limit and this was appreciated by the growers, who practically all met the market and almost complete clcarniicfl was effected, it being estimated that about 98 per cent, of the offering was sold under tho hammer. THE RANGE OF PRICES. The following prices show the comparison in value between the March and to-day’s sale, the March figures being given first: Merino, 60/64’s, 64/70’s: Extra super, March to 13^(1: super 9cl to lid; average BJd to 91,(1; April to lOd; inferior 7d to Bd, 7/jd to Bjd. Fine halfbred, 56/58’s, 56’s: Extra super, to 14Jd; super lOd to 12d, lid to 13d ; average to 9^d. Medium halfbred, 50/56 s, 50 s : Extra sillier to lo I.2id; average 8d to 9<L Bjd to 10(1: inferior 7d to Bd, 7d to Sjd. Coarse halfbred, 45/50’s: Super 9id to lOd. 9Jd to I0i<l; average 8d to BJd; BXI to 9-i-d : inferior 7d to Bd, 7'd to Bd. ' Fine crossbred, 46/48’s: Super 9d to 9jd. 9d to 9-Jcl; average 7J,d to BJd ; inferior 7<l to 7id. 7jd to 7^(l. /Medium crossbred, 44/46’s: Super 8d to 8;ld, BVI to 9pl: average 7pl to 73d; 7LI to Bjd ; inferior sid to 6id, 6d to 7d. . , , Bellies and pieces: Merino, good to super. 7d to lOd: low to medium od to 61d. 5Ad to 82d : halfbred, good to super 7.i(l to*9d, 8;}(I to 101(1: low to medium 5d to 7d. SJ/1 to 72(1; crossbred, good to super. 6id to 74d, 63d to BJ,d; low to medium 4d to 6d, 4d to 6id. Crulchings: Medium to good, 4id to 5,i,1, 43d lo 6jd : inferior and seedy 3i<i to 4id ; 3id to 43d. 1 ocks: Merino 3d to sid. 3jd to 4id; halfbred. 3d to 5(1, 3d to 4JRI ; crossbred 2d to 3id. 2id to 32(1.