LOWER WOOL PRICES.

Shannon News, 10 March 1925, Page 2

LOWER WOOL PRICES.

AVERAGE DECLINES FROM 3d/ TQ 5d DUNEDIN, Last Night. . Tliu third Dunedin wool, sale was lield'to.day with an unusually large offering-. The sale was held later m the season than usual, this being really the customary February sale. There wore heavy withdrawals and prices wore very, erratic. Bidding was confined to a very few of Die large buyers and local buyers seemed to be lo be taking very little. Half-bred was down from 4d to 6d; cross-bred from 2d to 3d; and pieces at least 2d, with a big drop in Merino wool. Buyers in many cases were apparently indifferent whether they secured lots. There was no improvement as the sale progressed, there seeming to be little animation about the market. Bradford was the dominating factor, but a fair amount was being taken for the Continent, America taking nothing, A later estimate of the position was that fine wools were down 3d to sd; cross-bred, from 2d to 4d; and bellies and pieces, on an average, 4d. Local fell mongers were buying fairly extensively in pieces.

~ COMPARATIVE TABLE. The following comparative statements of prices realised in Dunedin oil January 23 and March 9 shows the market movements. Merino, extra super: January, 33d to 35d; March, super 30 to 32Jd; (32d to 33 id); average, 27' to 291 d Cl9id to 20Jd); inferior 22d to 26d (17d to tod). Fine half-bred, extra super, 33d to 36Jd (25d to 29d); super 30d to 323 d (22id to 24td); average 24Jd to 26gd (tod to 201 d); inferior 23d to 24d (tod to l?Jd). •

Coarse half-bred: extra super, 26id to 30d (21d to 24d); super 25d to 2451 d (19?.d to 20Jd); average 22d to 213 d (lod to 17d). Fine crossbred: super, 25d to 27d (20d to 23d); average 22Jd to 24Jd (ISd to told); inferior 19£d to ~-d (tod to 171 d). Medium cross-bred: super, 23d to 25d (I9d to 21d); average 2isd to 23d (ICJ to ISJd);, inferior ISd to 21d (13d to tod). Bellies and pieces; Merino, good to super, pieces, 21d to 29Sd —good to super bellies 18d to 261 d—low to medium pieces 17d to 20*d (14d to tod); ]ow to medium bellies tod to 173 d (12d to 14id); half-bred, good to super pieces, 20d to 27Jd (17d to 21 id; good to super bellies 16d to 221 d (lod to I7d); low to medium pieces tod to tod (i3d to 16d) low to medium bellies 14d to laid (12d to 14d; cross-bred, good to super pieces 17d to 2tod (14d to 17d); good to super. bellies, tod *to 18d (13d to 15d); lqw to medium pieces, 14d to lGd (lid' to 131 d); low to medium bellies 13d to 14£d (10Sd to l2Jd); crutchings, medium ,to good, 13?.d to 15d (Hid to 135 d); low to inferior and seedy, 9d to 13d (Sd to 10-d); locks, Merino, lid to 16id),* halfbred, lid to 145 d (Sd to 10Sd); crossbred, Sd to tod (7d to 9d) “