DUNEDIN WOOL SALES.

New Zealand Tablet, Volume XXVIII, Issue 9, 1 March 1900, Page 15

DUNEDIN WOOL SALES.

Messrs Donald Reid and Co. report as follows : — We held our fourth sale of the season's series at the Agricultural Hall, Dunedin, on Thursday, the 22nd February, 1900, when we submitted a small catalogue comprising 240 bales of wool, chiefly late shearings and lots passed in at previous sales. The total number of bales submitted at this series by the various brokers being 2106 bales. There was again a very full attendance of buyers considering the small catalogues to be submitted. The average character of the wools offered at this sale was not up to the standard of our earlier sales, being late shorn, sandy and seedy, and the several held-over lots did not present so fresh or attractive an appearance as they did when first opened out. The bidding at the sale was very erratic ; in some cases the prices realised were in excess of those at which the same lots were passed in at our 1 i&.t sale, while in other cases the prices realised were below those which could have been obtained at the earlier sales. On the whole, however, there was very cheerful competition up to buyers' limits for all lots, while for all the finer sorts of wools passed at our previous sales and for all newly-opened wools suitable for the u&e of onr local manufacturers there was very spirited competition and satisfactory prices realised. The following were the prices realised : — Greasy merino (medium), 9^d to lOd ; do (inferior), B£d to 9d ; greasy half-bred (good), lOd to lid; do (medium), 8d to 9id ; do (inferior), 7d to 7Jd ; greasy crossbred (eood), 7|d to Bfd ; do (medium), G^d to 7£d ; do (inferior), ojd to 6}d.