VALUES FIRM
DUNEDIN WOOL SALES
NOT UP TO STANDARD DEMAND WELL SPREAD JAPAN BUYS FREELY (Per Press Association.) DUNEDIN, this day. The third wool sale of the season commenced this morning, 26,038 bales being offered to a full bench of buyers. Prices obtained for the first catalogues were on a par with recent values in the South Island.
Owing to the vagaries of the weather, the quality was not quite up to the usual standard. There were few super lots of halfbred, crossbred being more prominent than fine wools. Competition was keen throughout the morning, with the demand fairly well spread. Japan, somewhat unexpectedly, was well in the market tbr good style halfbred and crossbred. There was good competition from Bradford and the Continent, with odd orders from Canada and the United States. The lotal mills were quiet, there being not much super wool for their requirements. One marked feature was that France’s demand for fine wools was not so strong, but her buyers bid keenly for skirtings.
The only advance recorded on recent sales was in coarse crossbreds. In early catalogues, the top price was 15Jd fbr a line of super combing fine halfbred ewe.
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Bibliographic details
Poverty Bay Herald, Volume LXV, Issue 19584, 16 March 1938, Page 7
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196VALUES FIRM Poverty Bay Herald, Volume LXV, Issue 19584, 16 March 1938, Page 7
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