WOOL RATES MAINTAINED

Taranaki Daily News, 19 December 1930, Page 3

WOOL RATES MAINTAINED

■ ■ '. / '■ i ’ - DUNEDIN COMPETITION KEEN PRICES AS IN PRECEDING SALES.'-« QUALITY OF OFFERING NOT GOOD. By T«lexraph.— Pretf Association: - . /y. i Dunedin, Last Night; , The first Dunedin wool > sale of .the 1930-31 season was held this atternoon, wh?n catalogues of 10,454 bales .were submitted to a! representative bench .of. buyers witli' more- than the usual quota ? of local interests. The market was firm at recent South Island, rates. ', - ' The catalogue was the smallest sub-y mitted for the first sale for b number of. year?. The corresponding, offering, at ■ this sale lefst year Was 20,132 bales. Tna shortage of to-day’s .offering, was due. to a large extent to the inclement weather, which has delayed shearing, and to the reluctance of growers to meet low prices that, have ruled so. far fat this season’s : Dominion- sales. . ; • To-day’s catalogue comprised few lots-■ of choice, well-grown clean wools comparison with this sale of a year ago, the bulk of the offering-showing .signs:■> of the ’severe winter and late, spring. There was' offered a fair . proportion of ’ ; wool heli oyer from last year, In most ; - cases this wool opened, out in stained .. condition. , / There was a very full bench of buyers, and competition from the Continent was. 4 especially keen,' ■ while Bradford v buyers also operated keenly on’wools suitable Jr for their requirements. For any super lots jlocai mills were kecnf buyefs., : ; The market was firm- on recent- sales held in the South Island. The tojx price at to-day’s sale was 9Ad. for a choiee ig line of ?uper halfbred. . Following' is the official radge .of . prices:-— / Merino— ' ; t .

Super, average ... 6 to,7 i Inferior ................ 5 to . 5J Fine Halfbred— ' w.-.yy Extra super ... Si to si Super. • .......;.......... ■7J to 8J Average A.i 6| to 7f Inferior ............... 5 to 6 Medium Half bred — ' Extra super •: ' 82 z Super ................. 7i tb. ’S,-.-Average ............... 6 to : 7 ■ Inferior ... J. 5 to. 6 >, • Coarse Halfbred— Super ................. Gt to 7 Average' .;.... v....... - 5J to 6i Inferior 44 to 5. Fine Crossbred— 'Super 6 to Average ...............' 5 to Si Inferior ............ If to 42 Medium Crossbred— i' - Super »i to 6.1-5 , Average c... ■5 to: ; 5| Inferior ,4 to . 4i . ■ Bellies and Pieces Merino— . Good to super 5 to 6 Low. to medium ....... 32 “to 4i . Halfbred— Good to super ......... 41 to. ?i Low to medium . 3 ' to ,4J Crossbred—. ", 'K Good to super 3J to . 5 Low to medium 2J-to 3f. Crutchings— Good to super 2i'to 3|. Low, to medium .......... 1 to . 2 . Locks —■ Merino ........... .‘...2’ ’ ■ 2f Halfbred. ............... 14 to” '2 '. . Crossbred .............. 1 to li