PRICES STILL UP.

Taranaki Daily News, 21 December 1923, Page 5

PRICES STILL UP.

KEEN DEMAND FOR WOOL. DUNEDIN SALE OPENS. By Telegraph—Press Association. ! Dunedin, Last Night. The first wool sale of the Dunedin series opened to-night, when three catalogues cut of a total of eight were disposed of, representing 4725 bales. There •was a full bench of buyers, about 62 operating, which is the largest ever seen at a Dunedin wool sale. The throe catalogues submitted did not contain the best wool to be offered, but nevertheless some good clips were included in those sold. Passings were rare, probably not a dozen in the three catalogues. The Continental representatives were eager buyers, and secured the bulk of the offering, but English buyers and the representatives of local mills operated keenly and secured a full quota. The wool offered was not quite of as good a quality as that offered at the Canterbury sales recently, but considering the severe winter passed through it was surprisingly good. Prices for fine halfbred ranged from 24d to and crossbred from 22d to 24Jd. Four bales of halfbred pieces brought 24d and crossbred pieces to 16d, and halfbred bellies to 16%d. By way of comparison with the first wool sale last year, it may be mentioned that a half bred clip brought the following prices: Ewe, this year 26Jd, last year 22Jd; hogget, 26Jd and 22£d; hogget 23? d and 23}d; ewe and wether 25d and 23d; pieces 19jd and 14d, bellies led and 13|d. The sale will be continued to-morrow.