CROSSBREDS FIRMER

Poverty Bay Herald, Volume LXIV, Issue 19246, 11 February 1937, Page 10

CROSSBREDS FIRMER

FINE SORTS EASIER

DUNLDTN WOOL SALE

ALMOST ALL LINES SOLD

(Per Press Association.) DUNEDJN, last night

The second Dunedin wool sale for the season was held to-day, when approximately 30,300 bales were offered. The quality of the offoring was generally good,'although all the catalogues comprised a bigger proportion of high country fine heavy conditioned wools than at the first sale. There was a good display of South Otago crossbreds, which opened !.ii) in excellent condition, being very bright and well grown. There was good competition for all varieties of wool, although buying on Bradford account was noticeably restricted. Several Bradford buyers who usually can be expected to lift a good .veiaht ot wool bought practically nothing, but, to compensate for the absence of their support, Japan again ejime into the market lor good to supei •vnols in both crossbreds and halfbreds. The French section competed strongly for pieces and bellies and all grades id ..eece wool, whilst local mills were keen lin vers of line wools and, as usual, accounted for the lop pines realised.

There was also some important buying, chiefly of good crossbreds, on United States of America account.

Whilst the re-entry of Japan into the market made a considerable difference to the general level of values, it was apparent that they were operating on lower limits for line crossbreds and halfbreds than at the Decemher sale and •inces for these wools were from Id to lower, the decline being noticeable on extra super wools and average to interior halfbreds.

Crossbreds, on the other hand, were definitely firmer than the December ,-ates to the extent of about Id per lb on the average, particularly for coarser varieties.

Pieces and bellies, which were hougtu mostly by the Continent, showed little .hange compared with the December rates and, it anything, were-firmer. Passings, which were rather more numerous than at the first sale, would .ml, amount to more than 5 per cent of the total offering and, of this, probably the hulk would be sold afterwards.

The highest price for the sale was 26Jd, obtained for a top line of Hilltop from the Roxburgh district, and was paid for Clover Downs from the Palmerston district, and several other Roxburgh brands sold from 25(1 to 253 d.

RANGE OF PRICES. The official range of prices was: — Merino. 64/70, fiO/64.

SOME IRREGULARITY

SYDNEY WOOL AUCTION

SYDNEY, Feb. 1».

-U the wool sales. 11,988 bales were offered and 9857 bales sold, also 1813 Males privately. While the market gen crally was firm at late rates, there was some irregularity to-day on average _to inferior fleece 'wools. Greasy Merino .sold to'3sd

Extra super d. to d. Super '. IS! to 21} Average . 17 to is Inferior . 16 to 163 Fine lialfbred, 58, 56/ 58, 56.- - Extra super . 24 to 2(1} Super . 21} to 2 33 Average . is to 21 Inferior . 16 to 17 , Medium lialfbred, 50/ 56, 50.- — Extra super . 2.H to 00.1 Super . 20} to 21 Average . 17^ to IPS Inferior . 16 to 10:1 Extra fine crossbred, 48/50.- - Extra super . IS). 1 , to 2(1,! Super . IS) to lit . 18 i Average ... 17 1 0 Inferior 1 ."> 1 to 10} Three-quartor-bred, 4 6/48.— Extra super IS! to lii.V Super . 17\ to 18 1 Average . 16 1(1 17 Inferior . 15 111 153 Medium crossbred, 44/41). — Extra super Super . I07 to k; : ; Average . 142 to 15} Inferior . 11 to 11} \ccks and Pieces.— Hal (bred—Super . . i s! to 211} Good to super Low to medium • . 17 . 141 to to IS 16} Necks and pieces, er< issbred, Sillier Good to super . 16} . i;:i III to IS} 15 Low to medium . . n to i:'. Crutcbings, hnlfbrcd.- - Mcdium to good . . in to in Inferior and seedy 1<> to 11 Crutehings, crossbred. — Medium to good . . 12} to 14 Inferior and seedy njt to 10} Locks, lialfbred. — Medium to good . 8 to 11) Locks, crossbred. — Medium to good . 7 J to !'i!