WANGANUI WOOL SALE

Press, Volume LXXXVII, Issue 26511, 28 August 1951, Page 11

WANGANUI WOOL SALE

PRICES UP ON NAPIER VALUES INCREASE OF 10 TO 12 PER CENT. (New Zealand Prees Association/ WANGANUI. August 27. At the Wanganui wool sale to-dav prices advanced slightly on those realised at the sale at Napier fast week. In some cases the advance was as much as 4d and 5d per lb. The sale to-day was listed as the final sale of 1950-81 and there was a catalogue of 32.685 bales submitted to a full bench of buyers, representing all the wool-buying countries. “The catalogue comprised all wools which normally would nave been sold at the auctions held in March and May, but notwithstanding the holding over for approximately five months, the wool generally opened up in good condition. Only a few odd lots showing signs of discolouration," says the Wanganui Woolbrokers’ Association, in an official report on the sale. “The bulk of the offering comprised topmaking wools drawn from the Wanganui. Taranaki, Rangitikei, and main trunk districts. The catalogues comprised a majority of late-shorn clips and these wools, as was to be expected, carried a fair amount of condition, and in some cases seed.

“As was expected, to-day's sale showed a substantial decline on the exceptionally high prices recorded at the two earlier sales of the season. Notwithstanding this, to-day's prices, compared with the May sale, 1950. showed an increase of from 10 per cent, to 15 per cent. Competition today was well spread, with the Continent, Bradford, and local mills buying lots suitable for their requirements. "Compared with Napier, prices hardened. Very little wool was passed In, find values showed an Increase of 10 per cent, to 12 per cent, on that sale. Fully 20 per cent, of the catalogues comprised lambs’ wool, of which the local mills took the bulk of Down cross. Crossbred lambs were erratic and showed little firming on Napier." The official range of prices is:—

Southdown, 58/80— Good to super to 611 Good 75 to 80 Average 66 to 75 Inferior .. ., 52 to 58 Fine Down Cross, 56/58 — Good to super to 75 Good 63 to 661 Average ... 60 to 63 Inferior .. ., 54 to 59 Extra Fine Crossbred, 50/56— Good 50 to 65 Average 54 to 57 Inferior ,. ., 49 to 53 Fine Crossbred; 50/52— Good .. ,, 54 to 57 Average .. .. 47 to 51 Inferior 46 to 47 Medium Crossbred, 48/50— Good 51 to 56 Average 46 to 50 Inferior 39 to 40 Medium Crossbred, 46/50— Average 43 to 48 Crossbred, 46/48— Inferior 36 to 41 Good to super to 55} ■ Good 50 to 55 Average 44 to 49 Strong Crossbred, 44/46— Good Fine Crossbred Hogget48 to 53 Good to 64 Fine Crossbred Hogget (shorn), 50/52 and 56— Good to super 58 to 63 Good 56 to 61 Average 49 to 54 Inferior to 42 Medium Crossbred Hogget, 48/50— Good Shorn, 48/50— 55 to 574 Good 54 to 58 Average 46 to 53 Inferior .. ., to 39, „ Lambs Halfbred and Downs. 56/58— Good to super 56 to 60 Average 51 to 57 Inferior and seedy 38 to 42 Fine Crossbred, 50— Super .. to 57 Good to super Average ., ,' 49 45 to to 52} 48 Inferior and seedy 26 to 34 Medium Crossbred, 48/50— Good to super 49 to 52 Average ,. ,, 40 •to 47 Inferior and seedy Carbo 24 22 to to 32 29 _ * Necks Fine Crossbred, 50/56— Average to 46 Crossbred, 48/50— Average ., ,, 40 to 45 Inferior and seedy .* 30 to 34 _ - Pieces Crossb rid, 46/50— Average 35 to 41 Inferior and seedy J 25 to 29 _ t j Bellies Crossbred. 46/50— Average 33 to 37 Inferior and seedy ‘‘ 24 to 30 _ Crutchtaga Crossbred, 44/48— Average 39 to 46 Inferior and seedy Carbo .. ’* 34 22 to to 38 26 Crossbred, 46/50— Lock * Average Inferior ., ’' 23 16 to to 28 20