DUNEDIN WOOL SALES

Dominion, Volume 14, Issue 228, 21 June 1921, Page 5

DUNEDIN WOOL SALES

SPIRITED COMPETITION KEEN DEMAND FOR HALFBREDS By Telegraph— Press’ Association. Dunedin, June 20. The third of series of Dunedin wool •ales took place to-day. A good tone prevailed and about 90 per cent, of tho offerings were disposed of at auction. In all 10.093 bales weye offered. There was a full attendance of buyers, and in comparison with previous sales competition was spirited and the <lem.-»-' ke.-u. The bulk of the wool was taken by overseas buyers, though portion wae secured by scourers for local works. A feature of the sale w<ts tho strong inquiry for halfbreds and fine crossbreds, ■ though merinos, of -wfiiJch n small quantity wag on offer, came in for keen competition from shippers. Local woollen mills were noticeably quiet, and there was not the same representation of or demand from the mills exjwrienced nt previous sales.. A considerable proportion of tho offerings came from the Oaniarq district,Sianil consisted Largely of medium halfbreds. A really special feature of the ~sale was the keen demand for this’class of wool. The prices realised for this ’wool exceeded the expectations of both vendors and brokers, and might be quoted as fully 2d. above the I> U , a’ for this grade nf the March •ale. aTn the opinion of buyers three wools fetched on, an overage onite Jd. per lb above the Timaru sale, held last Wednesday. Pieces came In for specially keen competition, and the prices realised were appreciably above the last sale for medium and good lines. The following is the range of values, nnd also the prices ruling at the March and January sales: — MERINO. January. March. June.

Extra d. d. d. d. d. d. sup'fine — to 211 — to 124 — toll? Superfine 14 to 183 8 to 104 91 to 11 Morl togd. 11 tn 12 64 to ■71 71 to 9 Inferior 9 to 1(4 5 to 61 6 to HALEBRED. Extra d. d. d. d. d. d. sup’fine — to 184 — to 124 — to 11 Superfine 131 to 1618 to 10J 9 to 101 Med to gd. 101 to 121 51 to 71 74 to 8'1 Inferior 8 to 91 4 to 5 5 to 7 CROSSBRED. Extra d. d. d. d. d. d. eup’fino — to 13 — to 8 — Superfine 10 to1ll 5 to 74 7 to 91 Med to gd. 0 to 81 31 to 44 41. to 61 Inferior 14 to 5:1 2 to 3 21 to 4 PIECES. d. d. d. d. d. d. Superfine 8 to 12 . 54 to 8? 51 to « 4 Med to gd. 5.1(0 7} to 4 3| to 5 Inferior 31 to 5 11 toX2i 2 to 3 beelies. d. cl. d. d. d. d. Superfine 7i to » 3 to 44 4 to 5} Med. to gd. 5 to 7 2 to 24 21 to 34 Inferior 3 to 44 1 to H 2 to 24 LOCKS. <1. d. d. d. d. <1. 11 to 4 4 to 14 1 to 2