THE WOOL MARKET.

Taranaki Daily News, 22 December 1923, Page 5

THE WOOL MARKET.

MORE RECORD PRICES. KEEN SALE AT DUNEDIN. By Telegraph—-Press Association. Dunedin, Last Night. The first wool saje of the 1923-24 season was concluded to-day. The total offering brought forward for this sale was 17,450 bales, as compared with 10,053 bales for the first sale of last season. This is the largest offering evsKMcatalogued for a December salv in Dunedin,“and Is accounted for by the fact that the weather conditions for shearing have been ideal, and that practically every grower who had wool available was anxious to take advantage of the extreme prices a, jhable at the present moment, rather than r'sk holding his wool for a later auction. The bench of buyers was the most representative ever seen at a colotJal auction sale. There were buyers direct!)’ representing the British Isles, Canada, United States of America, Japan, France, Italy, Belgium. Rolland, Germany and Switzerland. besid-?s probably other European countries and States. It Is easily understood what direct shipment means to the purchaser, and this in turn also explains how it is possible to obtain figures for our wools which are undoubtedly above to-day’s London equivalent. Taken all round the quality of the clip as represented by the offering is above the normal season. To-day’s sale created some new records, and these are recorded as und.-r : Merino 31%d, Corriedale 29%d, halfbred halfbred pieces 27!>fed, halfbred bellies f'sd. 'Hie following list gives the range of prices:— Merino (04-70, 60-64), extra super 28d to 31 %d, super 25>£d to 27%d, average 23d to 25d, inferior 20d to 22Vfed; fine crossbred (58, 55-58, 56), extra super 27t0 291-fed, super 25d to 27d, average 22d to 24d, inferior 19d to 27%d; medium halfbred (50-56. 50), extra super 20d to 27Hd, super 24d to 25 %d, average 21%d to lnferior 19d to 21d; coarse halfbred (48%-50), extra super 22d to 24y 2 d, super 20*4d to 21’/fed, average 18d to 20d, Inferior 16%d to 17%d; Corriedale, extra super 26d to 29 %d, super 24d to 25 %d, average 22d to 23%d, inferior 19d to 21’/fed; fine crossbred (46-48), super 20d to 22d, average 17d t0"19%d, inferior 14d to 16%d; medium crossbred (44-46), super 15%d to 17%d, average 14d to 15%d. inferior 12d to 13%d; coarse crossbred (46-44), super 13d to 15d, average ll%d to 12%d, inferior 10%d to liy 2 d; bellies and pieces, merino good to super 20d to 24}fed, bellies 17d to 19d, low to medium pieces 17d to 19d, bellies 14d to IGd; halfbred, good to super 22d to 27’/fed, bellies 18 d to 25d, low to medium pieces 17d to 21d, bellies 15d to 17%d; crossbreds, good to super pieces 14d to 21d, bellies 13d to 17d, low to medium pieces lid to 13d, bellies 10d to 12’/fed; crutehings, medium to good B%d to 13d, inferior and seedy 6d to Sc!; locks, merino lid to 12d, halfbred 8d to 12d, crossbred 6d to 7%d.