DUNEDIN WOOL PRICES
1 Press Association DUNEDIN, Friday. The first wool sale in Dunedin for this season took place today, when 20,122 bales were offered. There was a full bench of buyers, but local speculators wre absent. The wool opened up in fair condition, but as a whole, it was not in as good order as last year, due doubtless to snowfalls in winter, and a dry spring, followed by very showery weather at shearing time. The market, as was expected, showed a serious drop in values compared with last year. Bidding today was fairly well spread. As usual, Bradford buyers took the bulk of the offering, but fair quantities were taken for the Continent, particularly pieces and bellies. A Russian buyer was operating, and his bidding was particularly useful in fine halfbreds.
On the whole, prices can be quoted as fully up to the basis of the sale in Timaru on Monday, with a tendency in sellers’ favour. « The range of prices was as follows, the prices for December, 1928, also being given: Dec., 1928. Dec. 1929.
UP TO TIMARU RATES
BIG DROP FROM LAST YEAR
d. d. d. d. Merino— Super 195 to 2ok 13 to 16? Average .. .. 18 to 19 11 to m Inferior .. .. 16 to IV 4 9 to 105 Fine halibred— Super 213, to 13 to 35 Average .. .. 19 to 21 115 to 125 Inferior .. . . IV to 185 10i to Hi Medium halfbredSuper 20 to 22 h 135 to . .6 15? Average .. .. J I to m m to 12} Inferior . . 16 to 17 105 to 115 Coarse lialfbred — Super 195 to 22 115 to 14 Average .. .. 17 to 19 10+ to 11 Inferior .. 16 to 17 9 to Fine crossbred— Super 1S1 to 20 11 to 12 Average .. . . 37 to IS 10 to 102 Inferior . . 15 to 165 si to as Medium crossbred Super 165 to 18 101 to 11 Average .. Id to 16 9 30 Inferior . . .. 13 to 145 Si to 9 Bellies and Piece Good to super s, Merino17 to 19 11 Low to medium 14 to 16 S to 105 Ha lfbred— Good to super 19 to 21S 105 Low to medium Id to IS VI to 10 Crossbred— Good to super 17 to 21 85 Low to medium 14 to 165 6 to S Crutchings—'* Medium to good 11 135 Inferior and seedy . 7 to 105 4 Locks 7 to 11 3 to 6
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Bibliographic details
Sun (Auckland), Volume III, Issue 852, 21 December 1929, Page 12
Word Count
403DUNEDIN WOOL PRICES Sun (Auckland), Volume III, Issue 852, 21 December 1929, Page 12
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