FINAL WOOL SALE

Southland Times, Issue 23178, 20 April 1937, Page 8

FINAL WOOL SALE

BUOYANT TONE AT DUNEDIN COMPETITION VERY GENERAL (United Press Association) DUNEDIN, April 19. The fourth and final sale of this season was held today, when 9269 bales were submitted to auction. The buyers benches showed a full attendance, all sections of the trade being represented. The feature of the sale was the buoyant tone throughout and the very general competition from Bradford, the Continent, America and Japan, as well as local mills, which were operating for wool suitable for their requirements. The catalogues represented an offering decidedly in better condition for the clean-up or final sale than has been the case for some years, but it was, nevertheless, a typical end of season offering. There were few super lots. The weight of wool forward was mostly of crossbreds of all qualities. There were moderate offerings of halfbreds and a proportion of seedy and inferior lines. „ . Practically the total offering was cleared, there being few passings, and any of these latter lines were subsequently dealt with From the outset it was evident that the high rate of prices of the last Dunedin sale was being exceeded and a most satisfactory sale resulted.

Crossbreds showed an advance from l£d to 2Jd a pound and fine wools showed an appreciation of from Id to l.jd. The best price for the fine wool section was for a super line which topped the market at 263 d, and another choice lot made 26jd. Both halfbred and crossbred pieces sold keenly, the Continent taking die bulk of the finer grades, crossbreds being mostly purchased by Bradford and Japan. Seedy fleece, seedy pieces and heavy and inferior wools were erratic of sale, but the prices realized were in advance of those obtained at the March Dunedin sale, and were very satisfactory. The following is a range of prices:— d d

Merino, 64’s-70’s, 6O’s-64’s— Extra super — Super — Average 19} to 22 Inferior 75 to 182 Fine halfbred 58’s, 56’s-58’s 56’s— Extra super — to 262 Super 22} to 25 Average 20} to 22 Inferior 18 to 19} Medium halfbred 5O’s-56’s, 50’s— Extra super ' — Super 222 to 25} Average 20} to 212 Inferior 18} to 192 Extra fine crossbreds 58’s60’s— Super — to 222 Average 20} to 22 Inferior 18} to 20 Fine crossbreds 46’s-48’s — Super 21} to 22} Average • 192 to 21 Inferior 18 to 19} Medium crossbreds 44’s-46 ’s— Super 20} to 212 Average 19} to 20 Inferior 18 to 19 Bellies, pieces and necks— Merino Good to super Pieces 19 to 212 Bellies 15 to 16} Low to medium Pieces 15 to 16} Bellies 132 to 142 Halfbred Good to super 192 to 21} 14} to 16} Pieces Bellies Low to medium Pieces 152 to 18} Bellies 15 to 15} Good to super - ■ ' '■ Pieces 17 to 20 Bellies 14} to 162 Low to medium 14 to 16} Pieces Bellies 12} to 14 Crutchings— 12} to 14} Medium Inferior and seedy 10} to 12 Locks— 8 to 92 Merino and halfbred Crossbred 72 to 9}