BUOYANT MARKET IS FEATURE OF WOOL SALE AT DUNEDIN

Wanganui Chronicle, 22 December 1949, Page 6

BUOYANT MARKET IS FEATURE OF WOOL SALE AT DUNEDIN

DUNEDIN, Last Night (PA).—The •eond day of the double wool sale in incdin today saw prices about level ith those on the first day last Monty. The sale was again buoyant and tding was particularly keen throughut the day. Competition was very ight for classes that secured high ■.ces on the first day. Bidding was .11 distributed. The Continent and adlord were the largest buyer©, iu’e French and German buyers i/ain led the strongest competition jr bellies and pieces. Good values >ecured on Monday were eclipsed today by offerings from Central Otago, ■n almost every other respect, the sale was practically a continuation of .Monday s auction. fop price for the day was SOild, secured by Mr. Robert Jopp, of Chatto Creek, for four bales of super Merino. Tffis exceeded the top price for Monday, which was 72Ad, gained by the Malvern Downs Estate, Tarras, for Merino. Mr. Jopp also received 75id today for four bales of Merino hogget. Another lot today of five bales of super Merino, grown by Mr. G. J. Paterson, of Gimmerburn, realised 75=d. In quarterbred wool, the top price went to Mr. James McArthur, of Clyde, who sold five bales of super quart erbred at 681 d. Mr. McArthur also securea 6614 for five bales of superfine halfbred. Messrs E. W. Sutton and Son, Moa Flat Falls, obtained 68d for three bales of super halfbred hogget and Mr C. Small, Aroha, Moa Flat, secured the good value of 67d for three bales of superfine Corriedale. These wore the leading prices for the day. “Following the high levels reached on Monday prices were maintained throughout the second day of the first main sale of the season in Dunedin, with the result that the return from this double sale must rank as a record for New Zealand,” states the official report. The offering was 26,634 bales, and a complete clearance was made. The report continued: “There was a full bench of buyers and again a very large attendance of the public One of the main factors responsible for the high general average was the quality of the clip as a whole. As was the case on Monday, the keenest interest was shown in crossbreds. The record price for the season was that of 803 d for extra Merino, while the price of 58d for Southdown was another record. Buying was well spread, with all sections operating freely,” the report concluded. The following is the official range of prices:—

Merino, 60/64’s— d. d. Extra super .... 803 Good to super 67 to 75* Good 62 to 65 Average . 55 to 594 Southdown, 58/60’s— Extra super .... 56 to 58 Good to super 518 to 54 . Good 445 to 48 Quarterbred, 60/s— Extra Super 66 to 685 Good to super 61 to 65* Good 56 to 60? Average 51 to 53 Extra Fine Corr, and 1-bred, 58/60’s— Extra super 65 to 67 Good to super 605 to 641 Good .... _ 56 to 59 Average 50 to 54 Fine Corr. & 1-bred, 56/58’j Extra super ... 601 to 64? Good to super . ... 57 to 59 Good 52 to 541 Average 45 to 48 Sled. Corr. & 1-bred, 56’sExtra super 1 to 481 Good to super 541 to 561 Good 50 to 535 Average 44 to 49 Corr. & 1-bred, 50/56's — Good to super 51 to 535 Good 46 to 49? Average 40 to 42 Strong 1-bred or fine i-bred, 55 Extra super 50 to 52» Good to super 45 to 485 Good 41 to 431 Average 38 to 401 Extra fine X-bred, 50/56’sExtra super _ 51 to 53 Good to super 47 to 595 Good . .... .... 41 to 44? Average 36 i to 39 Fine X-bred, 50’s— Extra super 415 to 44 Good to super 375 to 40 Good 35 to 37 Medium X-bred, 46/50’s — Extra super to 401 Good to super 36 to 39 Good 33 to 35 Average 29 to 32 Extra fine 1-bred hogget, ; 58/60’sExtra super to 68 Good to super 58 to 62 Good 55 to 57 Average 50 to 54 Fi le halfbred hogget, 56/58,’s — Good to super 571 to 60 Good 531 to 55 Average 48 to 51 Med. halfbred hoggets, 56’s— Extra super to 61 Good to super 54 to 561 Good 48 to 50 Average 45 to 471 Halfbred Hogget, 50/56’s— Extra super 531 to 55 Good to super ...... 49 to 51 F«ne Crossbred Hogget, 50/54’s— Good to super 44 to 461 Good 49 <o 43* Average 35 to 38 PIECES Merino— Good to super ..... 51 i to 54 Average — 46 to 49 Half bred— Good to super 46 to 48. Average — 36 to 42 Fine Crossbred or ?-bredGood to super — 38 to 43 Average — 35 to 371 Crossbred— Good to super 31 TO 33? Average - - to 30 Inferior and seedy .... 22 i to 26 BELLIES • '» - Ti!IO—• Good to super — .... .... 45 To 481 Average 33 to 44 ? IPdf bred— Good to super 11 to 441 zkverage 9 — — 35 to 39 Crossbred— Good to super 325 to 36 Average - — 25 to 291 Inferior and seedy .... 29* to 23 CKCTCHINGS .L If bred— Good to super 30 to 32? Average 26 to 29 Inferior and seedy 23 to 25 . hreequarterbred or Fine Cros shred Good to super 27 to 28? Average - .. 25 to 261 Inferior and seedy 21 to 23 Crossbred— Good to super — — 30 to 311 Average — 27 to 28? Inferior and seedy — 20 to 231

LOCKS Merino 21 to 23 Halfbred 22 to 26 Crossbred 161 to 20 NECKS Halfbred— Good to super . 54 to 58 Average 49 to 52 Crossbred— Good to super . 48 to 53 Average ... 37 to 43