WOOL VALUES

Timaru Herald, Volume CXLI, Issue 20335, 6 February 1936, Page 8

WOOL VALUES

LITTLE VARIATION AT DUNEDIN A SATISFACTORY SALE By Telegraph—Press Association DUNEDIN, February 5. The second wool sale of the season was held to-day, when a total offering of 30,680 bales was submitted to a full and representative bench of buyers. The condition of the wool submitted was good, being lighter generally as compared with the December offering. The wools were mostly sound and well grown, the exception being found in the hogget wool. Throughout the sa ; e the competition was keen and well spread, all consuming centres operating quite freely. The market was a good one for light conditioned halfbreds at par ‘o slightly better in comparison with December rates. Medium and heavy conditioned halfbreds showed little change. Merinos were mainly of medium quality and met with a fair demand at prices showing little variation on the last Dunedin sale. Cross* breds remained firm at prices showing practically no change. Necks, pieces and crutchings met with an exceptionally good sale, and for these the market was better at from a halfpenny to one penny. As at the December action the market for hogget wools was disappointing with the exception of extra fine halfbreds, which showed a slight improvement in value. On the whole the sale must be considered a very satisfactory one, prices being well sustained throughout the day and fully 94 per cent, of the offering being sold under the hammer.

Range of Prices. Following is the range of prices:— Feb. 1936. Dec. 1935. d. d. d. <1. MerinoSuper — to20 — to 181 Good •• 16 toll 16 toll Average 14 to 15 14 to 15 Inferior 12 to 13 11 to 121 Fine halfbred 56’s-58’s— Extra super .. — to 191 171 to 181 Super 16 to 171 15 to 17 Average .. 13 to 141 121 to 141 Inferior 10J to 12 10* to 12 Medium halfbred 50-56’s— Extra super .. 154 to 16 151 to 16 Super 131 to 15 131 to 15 Average 111 to 13 111 to 13 Inferior 91 to 11 91 to 11 Fine crossbred 48-50’s— Super 111 to 13 11 to 12} Average 91 to 101 91 to 10} Inferior 81 to 91 81 to 9 Crossbred 46-48’s-Super 9 to 101 9 to 101 Average 71 to 81 71 to 81 Inferior 7 to 71 7 to 71 Medium crossbred 44-46”s— Super 8 to 9 8 to 9 Average 6ito 7i 64 to 71 Inferior 54 to 6i 54 to 61 Halfbred necks and Pieces— Good to super 13itol6J 121 to 161 Low to medium 91 to 12 i 8 to 12 Crossbred Necks and Pieces— Good to super 8 to 10 7 to 94 Low to medium 6 to 71 41 to 64 Locks— Med. to good 5 to 61 41 to 6 Inferior 34 to 41 2 to 4 Chutchings— Halfbred— Med. to good 61 to 8 51 to 61 Crossbred— Med. to good 61 to 74 6 to 61 Crossbred— Inferior 5 to 6 44 to 5