SPLENDID RANGE

Rotorua Morning Post, Volume 3, Issue 720, 21 December 1933, Page 5

SPLENDID RANGE

SPIRITED GOMPETITION . . • • f * ; , V Dunedin, Wednesday.' There was a full bench of huyers,' all purchasing countries being fully repr'esented. It was recognised as be-; ing the best range of good wo'ol of-: fered to buyers 'this season, and 'it; was anticipat.ed that lighter yieldin'g and better quality clips would attract; higher prices. ' j ' This anticipation was more than fully realised and the market also, showed a distinct firming; it was un-> "doubtedly the best sale of the seasop., Competition ' was : ' general with the . Gontiriental demand from'France and Germany a strong f actor in the prices realised while New Zealapd mills eagerly purchased any lots which met their requirements. Do'minion mills paid the highest prices of the sale f or fine half-bred an.d merino. Bradford and Japan also bid spiritedly, the former espeeially iifting a fair proportion of the catalogue. The sale for pieces, necks and other oddments was a phenomenal one with France and Germany the keenest huyers. In view of the marked increase in prices, brokers' valuations were largely exceeded. There were few passings and fully 98 per cent of the offeriiigs were sold under the hammer. A considerahle advance in prices was shown for fine crossbreds of 48/50 quality although the most marked increase was for necks, pieces and bellies. In comparison with the saies held during December 1932, the advances recorded are 100 to 300 per cent according to the quality and type of wool, necks, bellies and pieces eoming under the latter advance. The following are the top prices realised at the sale: Fine halfbred e'we, eight bales "Lambill," 22|d; super-fine halfbred ewe, six bales, "Glendalaugh," 22 |d.