EXCELLENT SALE

Hokitika Guardian, 21 December 1933, Page 5

EXCELLENT SALE

FOZ CTAGO WOOL

HIGH PRICE STILL MAINTAINED. (Per Press Association — Copyright.) DUNEDIN. December 20. The ‘first' series of wool sales for the 1933-34' sfeason was -held to-day, before a full bench- of'buyers, all the purchasing countries - being fully represented. The sale exceeded the most sanguine i expectations, and from the start of the’ first catalogue until the final lots were sold, there was continued animated .competition. The catalogues contained a bigger percentage of fine wool than is 'usually auo-' tioned at the first sale. The quantity offered was also greater than in previous'seasons, the reason being a prolonged spell of fine weather, allowing growers to f shear earlier. In a good many cases shearing was advanced by a period of. four, weeks.,. The wool referred' was in lighter .condition, and. oh the whole,.. very attractive catalogues ’ were offered, recognised as being the best range, of K good wools offered to buyers this season.. It was anticipated that , the, lighter yielding and better quality clips would attract higher prices, and this anticipation was more than fully .realised, as tho market also showed a distinct firming, and it was undoubtedly ; the best sale of the season, Copmetition was general, with the Continental demand from France and Germany being a strong factor in the prices realised • for fleece- wool, and;New’Zealand mills > eagerly purchesed any lots' suitable for their -requirements, paving the highest prices of the .sale for fine halfbred and merino.' Bradford and Japan were also bidding spiritedly, the former especially' lifting a fair' proportion ‘of the catalogue. '.:U; ./

The sale of necks, pieces and other oddments was ,a phenomenal one, with Franee and Germaiiy -being the. keenest buyers! It’' is* some time since

such spirited popipetition, was. experienced at, local .sales. In,' view of the marked increase:, in'., prices;, brokersvaluations were largely’ /exceeded in many -cases." TherV/Were f§W'"passings, and fully 98 1 per cent ,of the offerings werp sold;; under the Hammer A considerable advance’ in prices was shown for fine crossbreds/of 48-5(Ts quality, although 'the most; marked/was 'especially noticeable-.for necks, prices and bellies In .comparision with ’the-■•' sale held: here during, December, 1932, the advances recorded are 100 per cent to. 300. per cent, ‘ according to * the. quality and type of wool, necks, bellies and prices coming-under the latter advance.

Following are, the top prices realised at the sale: Fine half bred ewes, eight bales, Lftinb Hill, 22fd; superfine halflit'od . ewe, ! six bales Glendalough, 223 d. ' 1 Following is the official sronge Rf prices• / :

‘ Mei'ino: Extra super to .22|d,' supW 18d to 19-J-dj average 161 d to 17fd, iu- ‘ ferior 15d to;, 16d.Fine,, half bred . 56-58 : Extra ‘ super to ‘22f, super 20a.. to 22d, average 18d to 19.3 d, inferior 15Jd to 17d. Medium halfbred, 50-56: Extra super nil ,super 19d to 21Jd, average i7jd to 18fd,v inferior 15d to : 17d. Fine crossbred, 48-50. Extra super 18d to 19d,- -super 16d to 17Ad,,. average 14d to 15-jd, inferior 12£ to 133 d. / ; Crossbred, ‘1648: Super 13Jd to 14f, average Ilf d to; ,13d/ inferior lid to 12d. Medium crossbred' 44-13: Super lid to 12fd, average 901 to 10|d, inferior 8d to 9d. • / Halfbred necks and,pieces:' Good to super 17$d to 21d, low to medium 13d to ,161. Crossbred necks and pieces: Good to super to 17d( low to medium 7d to lOd. Jlalfbred bellies.: Good to super 13d to 161d,' low to mediuf lid to 12f. Crossbred bellies: / Good.to super lOd to 12d, lo wJ to medium 7d to 9fd. Crutchings: Extra- good to 13jd, medium to, good Bd. to i2cT, fair to seedy 5d to - Locks: Extra good to9ld, medium,.'to good s|d to B£d, inferior 3d to 'sd,/ )