WOOL

New Zealand Tablet, 27 December 1906, Page 17

WOOL

- DUNEDIN- WOOL SALES. . Messrs. Donald Reid a ?id Co. (Ltd.) report :—

The first of the loeak series of wool sales was held on Thursday, the total quantity offered being 9430 bales, as compared with- 5833 bales offered at the corresponding sale last year— the' increase being mainly due to this season's favoiable weather for shearing. The wools opened out well, though somewhat heavier in condition than at the first sale last year. There was' a representative attendance of buyers, and wellsustained competition throughout the sales. Light-con-ditioned half bred and fine crossbred wools were in. keen demand, and for these -grades very satisfactory prices were realised,, up to 15d being paid .for first halfbred, and 11 Jd for super crossbred. Our New Zealand woollen mills were represented in force, and their spirited bidding for all wools suited to their requirements gave goo-d support to the sales. Compared with the opening sale of last year, and taking into account the somewhat heavier condition of the wools, the difference in price would be, say, for super halfbreds" lid to l|d higher, medium halfbreds Id to 2d higher, 'fine crossbreds Id to lid higher, medium cro'ssbieds £d to Id higher ; medium nieiino show no change ; first pieces 7^d to Id higher, medium pieces -|d higher. Our catalogue was made up of 1590 bales, chiefly farmers' and small-run lots, of which 1510 bales were sold under the hammer.