PRICES RISE AGAIN

Wanganui Chronicle, Volume 74, Issue 58, 10 March 1931, Page 7

PRICES RISE AGAIN

DUNEDIN WOOL SALE UP Id ON CHRISTCHURCH VERY KEEN COMPETITION [ Per Press Association. ) DUNEDIN, March 9. The third wool sale of the season wa« held to-day, when a total catalogue of 18,950 bales was offered to a full bench of buyers. Competition from the outset was very keen am. at times excited. The bulk of the offering was secured for the Continent and Japan, Bradford being extremely quiet. It was evident that their limits were below those of the Continental and Japanese buyers. Comparing prices with those ruling at Christchurch last week, values were higher by a good penny. In comparison with the last Dunedin sale halfbreds can be quoted at 2d to 2sd higher and crossbreds l|d to 2d firmer. Bellies, pieces and locks elicited keen competition and showed a corrrsjvonJing firming compared with fleece wool. The woo] opened up in good condition and almost a total clearance was effected. Range of Prices. The official range of prices is as follows:

<1 d. Merino (64/70, 60/64)— Super, average Si to !>i Inferior 6! to 8 Fine Halfbred (58/56)— Super 10 to 1U Ax erage ., ,, .. 81 to 10 Inferior 7 to Si Medium Halfbred (50/56, 50)Super 10 to 11 Average 81 to 95 Inferior to 8 Coarse HaJfbred (48/50) — Super 10 to Hi Average /J 'to !IJ Inferior 6 to 75 Fine Crossbred (46/48)Super S>J to mi Average 74 to 8| Inferior 6 to U Medium Crossbred (44/46)Super 8 to 91 Average 6; to 75 Inferior 55 to 65 Bellies and Pieces— 1 Merino; Good to Super .. 6 to Si Low to Medium .. 5* to 55 Bellies and Pieces— Halfbrod: Good to Super f) to !>i Low to Medium .. 4 to 55 Bellies and Pieces— Crossbred: Good to Super 51 to 7i Low to Medium .. O to 5 C rutchinas — Medium to Good . . 3 to Inferior and Seedy 1) to 2} Locks — Merino to 34 Halfbred 25 to 31 Crossbred 2 to 2 J