INCREASED VALUES

Southland Times, Issue 21580, 18 December 1931, Page 8

INCREASED VALUES

DUNEDIN WOOL SALE PRICES APPRECIATE UP TO TWOPENCE SPIRITED BIDDING (Per 'Uhited Press Association.) Dunedin, December 17. The first Dunedin wool sale of the season was’ held to-day when 13,156 bales were offered. The wool opened up well and there were some especially nice clips from South Otago and Central Otago with only a small proportion of held over wool. Spirited bidding came from a very representative bench of buyers, notably from the Continent wrili keen demand also com ing from Bradford and local mills. Fine wools were much sought after and crossbreds also commanded attention. Prices showed a very gratifying appreciation as compared with the sale in December of last year. Halfbreds showed an increase of lid to 2d and Merino improved by Id to 2d. Fine crossbreds were lid to 2d dearer and were more in demand than at Christchurch last week. Top price for the sale was 12 .[d for a line of Central Otago Merino and halfbred made as high as 12d compared with 94d last season The following is the official range of prices:— d. d.

LONDON SALES A QUIETER MARKER (United Press Assn.—Uy Telegraph—Copyright.) London, December 16. At the wool sales 9521 bales were offered, including 3140 from New Zealand. About 4100 were sold. There was a quieter market and the Continent eagerly bought the best scoured merinos at full late rates. New Zealand crossbred “H.R.C.” IDd and Bid; slipes “Canterbury" 11 Id and Bild. SYDNEY MARKET FIRM EXCELLENT COMPETITION. (Rec. 10.55 p.m.) Sydney, December 17. At the wool sales 11,125 bales were offered and 9533 sold, also 2021 which were disposed of privately. There was excellent competition from Yorkshire, Germany, Japan and France, and the market was very firm. Greasy Merino sold to 15Jd. This concludes the 1931 series of Sydney wool sales.

Merino — Extra super Super Average Inferior to 12} 9} to 11 7 A to 5 to SI 6 J Fine Halfbred— Extra super 11 to 12 Super O p to 10} Average S to 0 I Inferior 6 A tc Medium Halfbred— Extra super 9» to 101 Super 8 4 to 94 /Average / 7to 8 J Inferior 61 to 7 2 Coarse Halfbred — Super SA to 91 Average 7 2 to Inferior 6 to / 4 Fine CrossbredSuper 71 to Average GA to 74 Inferior 5 to G' f Medium CrossbredSuper 6 A to Average 5} to b Inferior 4 to <j Bellies and Pieces— Merino, good to super 6 to J Ix>w to medium 4} to 0 1 Halfbred, Good to super 7 to 10 Low to medium 4 to 6} Crossbred, Good to super 4A to 61 Low to medium 2 A to 3} Crutchings—Medium to good 2J to Inferior and sete’y 1 to Locks 1 to -4