AUCKLAND WOOL SALES.
FALL IN PRICES.
(press- association tki.egram.) AUCKLAND, November 26.
Tho first wool sale of the 1913-14 season took placo at tho Town Hall this morning, a large bench of English, Continental, and American buyers being present. The* total offerings were approximately 7000 bales, as compared with 8300 for the first sale of last eeason. Although the wool was, generally speaking, in good condition, pricos underwent an all-round fall of lid to 2d per pound, as compared with the opening prices a year ago. Fine crossbreds realised 10 Jd to lid, while an occasional lot of exceptional quality brought 12d to I2*d. Medium croSsbreds sold at BJd to 9d, while dingy lots went for 7|d to Bd, pieces for s£d to 6ja. In its official report the Brokers' Association gives the total as 6696 bales. It also states that, taking the catalogue as a whole, tho quality was not up to tho standard of tne opening sale last season, a larre portion of the northern clip suffering from tenderness?, and the whole offering being heavy in condition. Finer wools, suitable for America, underwent a drop of Id to SJd per P"Und. Coarse went down fully i<l to l<l. and very dinjry wool dropped Id. "Competition was been un to a limited range of values, especially so far as Continental buyer* were concerned, but was ex-, tremely Wn for "star" lots and oddments. Owing to the strike the catalogues were not so large anticipated by the brokers. The official lirt of prices, as compared with tho«*> of tho first sale last season, ore ns follows:— Nov., 1912. Xov.. 1913. d. d. d. ' d. Fine hsifbred urd merinos .. 10J to 14 10 to 14 Fine crossbred .. 10 to 122 9 to Hi Sbiop Aire and Romnoy .. .. 9J to 111 9to 10J Sfcdium crcßsbrcd.. 9J to 10J 8 to 8J Coarso crcesbred Lincoln .. 9 to 10i 8 to 8J Inferior log stained and cotted .... 8J to 9> 7 to ?! Fsrat piefos .. 7 to €J CJ to 7 Secord nitoee and belUea .. G to 7 5 to 6 Crutcliinge .. — 6 to 6J Locks .. .. *l to 51 i to <1
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Press, Volume XLIX, Issue 14834, 27 November 1913, Page 9
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357AUCKLAND WOOL SALES. Press, Volume XLIX, Issue 14834, 27 November 1913, Page 9
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