INVERCARGILL WOOL SALE

Press, Volume LXXXVII, Issue 26606, 17 December 1951, Page 8

INVERCARGILL WOOL SALE

6D PER LB RISE ON SEPTEMBER PRICES

(New Zealand Press Association) INVERCARGILL, December 16. Prices paid by a full bench of buyers at the InvercargiH wool sale on Saturday were firm on those realised in Timaru. Over the whole offering of 28,433 bales the average price per lb was probably at least 6d up on the prices at the September sales in Invercargill. Well grown wool, showing good length, brought good prices. Bidding was only occasionally animated, for hogget wools mainly, when the local mills competed. The quality of this specialty wool, for which Southland has a good name, was good in spite of the bad season. The bad weather showed its effects In the ewe wools which were generally uneven in length. The cheque will probably total up to £2,000,000. The average price per lb is estimated at 47d or 48d, compared with 41d at the last sale. Top price was 76d, paid for a binned lot of five bales of super Southdown. Nearly all the wool offered was cleared.

Official Report The official report of the Invercargill Woolbrokers’ Association, in conjunction with the Wool Commission and the Woolbuyers’ Association, reads: “The first main sale of the new Southland selling season was held at the Civic Theatre before a full and representative bench of buyers. The hogget wool opened up in surprisingly good condition considering the bad season, but a great deal of the ewe wool showed the effects of the severe winter and was uneven in length. There was a percentage of tender wool. Necks, pieces, and bellies were representative of this centre and there were few crutchings. Most of the consuming countries were represented, but the keenest competition was from me Continent and Bradford. Prices were firm on the Timaru sale.” The official range of prices is:— d. cl

Southdown, 58/60— Good to super •• 72 to 76 Good .. •• • • 70 to 711 Average 641 to 68 Down Cross, 56/58 .. •• Fine Corriedale and Halfbred, 56/58— Good to super 68$ to 711 Average .. 60 to 66 Extra Fine Crossbred, 52/54— Good to super 58 to 60$ Good 56 to 57 J Average 47J to 531 Fine Crossbred, 50’s, 48/50— Good to super 57 to 61 Good 51 to 54 Average .. • • •• 47 to 50 Inferior 42 to 46 Medium Crossbred, 46/48 — Good to super 50 to 53 Good 48 to 50 Average 45 to 471 Inferior .. .. 42 to 44 Strong Crossbred, 40/40 — Super • • • • • • to 58$ Good ' 49 to 51 Average .. .. ’ •. 47 to 48 Extra Fine Crossbred Hogget (Woolly), 50/54— Good to super Good 59 53 to 62 to 57 Average .. .. •• 49 to 52 Extra Fine Crossbred, Hogget (Shorn), 50/54 — Good to super to 64 Good 57 to 58 Fine Crossbred Hogget (Woolly), 50*s— Good to super 53 to 541 Good 50 to 521 Average .. .. • • 48 to 49 Fine Crossbred Hogget (Shorn), 50’s— Good 53 to 57 Average 48 to S3 Medium Crossbred Hogget, (Woolly), 48/50— Good to super 50 to 56 Good 48 to 49a Necks Sine Crossbred, 50/56— Good to super 54 to 56J Average 51 to 534 Pieces Fine Crossbred, 48/50— Good to super 45 to 471 Average 42 to 44 Inferior and seedy .. 36 to 41 Crossbred, 46/50 — Good to super 45 to 461 Average 42 to 441 Inferior and seedy 36 to 41 Bellies Fine Crossbred 48/50 — Good to super .. .. 41 to 44 Average .. .. .. 38 to 401 Medium Crossbred, 46/50— Good to super 41 Jo Average 38 to 40 Crutchlngs Crossbred, 44/48 — Good to super 48 to 50$ Average 41 to 45 Locks Crossbred, 46/50 26 to 30