KEEN BIDDING

Southland Times, Issue 21894, 21 December 1932, Page 8

KEEN BIDDING

DUNEDIN WOOL SALE CONTINENT DOMINATE OFFERING TOP PRICE 12i PENCE (Per United Press Association.) Dunedin, December 20. The first wool sale of the 1932-1933 season was held to-day. There, was a large attendance of farmers and interested spectators. The sale opened to a full bench of buyers representing Bradford, the Continent and Japan as well as Dominion mills and local speculators. Competition from the outset was particularly keen, especially from the Continental section. It was evident that limits from the Continent were above those held by the Bradford representatives with the result that the sale was dominated by the Continental buyers with Bradford picking up odd lots suitable to their requirements. Bellies and pieces were very keenly competed for and the major portion was secured by French buyers. Dominion mills, when the fine super lots came under the hammer, would not be denied and secured most of the lots suitable to their requirements. The wool opened up in heavier condition than the previous year, but was bright, sound and particularly well grown. The following is the official range of prices:—

d. d. Merino — Extra super — to 12.1 Super 9 to 11 Average 71 to 8? Inferior 5 to 6.i Fine halfbred— Extra super 11 to 12 Super 91 to 101 Average 7.? to 91 Inferior 6 to 71 Medium halfbred— Extra super 91 to 11 Super 8! to 9.1 Average 7.1 to 8 Inferior 6 to 7 Fine crossbred — Super 6J to 71 Average to 61 Inferior 31 to 5 Medium crossbred — Super 5.1 to 6 Average 4 to 5 Inferior 21 to 35 Hoggets— Fine 6 to 8.5 Medium 41 to 7 Bellies and pieces; - Merino, good to super 61 to 85 Low to medium 41 to 61 Bellies and pieces— Halfbred, good to super i to 91 Low to medium 3J to 61 Bellies and pieces— Crossbred, good to super 5 to 7 Low to medium 21 to 41 Crutchings— Medium to good 21 to 41 Inferior and seedy 1 to 2 Locks— Merino 1 to 23 Halfbred 1 to 3 Crossbred 1 to H