WOOL SALE AT WELLINGTON

Press, Volume LXXXIX, Issue 27211, 1 December 1953, Page 12

WOOL SALE AT WELLINGTON

EASING TENDENCY CONTINUES GOOD COMPETITION (New Zealand Press Association) WELLINGTON, November 30 The slight easing tendency in the woo> market, which developed at Wanganui last Wednesday, continued today when the first Wellington sale of the season was held. The official report Issued by the Wei. lington Woolbrokers’ Association in con. junction with the New Zealand Wool, buyers’ Association and the New Zealand Wool Commission. Is follows:—“The first wool sale of the current season was held in Wellington today, when 29,584 bales were offered tn a full and representative gathering of buyers. The offering was drawn mainly from the Manawatu-and Wairarapa aistricts. A large percentage consisted O f hogget and dry sheep wool. There were some early shorn clips which, however were of the full 12-months’ growth. Tne amount of short-stapled wool offered was considerably less than has been the case in the last few years. “The wool generally opened up in good condition, the Wairarapa clips particularly showing many well-grown, attractive lots with practically no cotted and discoloured lines. The amount of lambs wool on offer was negligible. “Prices, when reduced to a clean scoured basis, showed a slight easing on those at the Wanganui sale. But if a comparison is to be made between the following range of prices and the Wanganui range, it must be appreciated that type for type, the Wellington wools were considerably higher-yielding. “Competition was widely spread. The Continent sought fine hogget wool keenly and American buyers paid premium values for the paper felt types.’’

Range of Prices The official range of prices i :— Southdown— d. d. Good to super 71 to 72 Good .. .. .. 65 to 68 Average 54 to 58 Inferior .. .. • • 50 to 53 Down Cross— Average to good .. 57 to 63 Inferior 49 to 52} Extra Fine Crossbred. 52's and 50/56’s— Good to super __ to 581 Average to good .. 52 to 57 Average 501 to 51} Inferior .. •• ... 48J to 50* Fine Crossbred, 50’s— Good to super .. .. 531 to 58 Average to good .. 51J to 521 Average .. .. .. 49 to 51 Inferior 46 to 48 Medium Crossbred, 48/50's— Good to super — to 54 Average to good 50 to 53 Average .. .. .. 471 to 491 Inferior .. .. .. 43 to 45 Crossbred, 46/50’s— Average to good .. .. 48J to 51 Average .. .. .. 45 to 48 Inferior .. .. .. __ to 44 Coarse Crossbred, 46/48’s— Good to super 53 to 58 Average to good 48J to 52 Average ... 47 to 48 Inferior .. .. .. 45 to 48} Strong Crossbred, 40/46’s— Average to good 49 to 52 Lincoln— Average to good to 52 Extra Fine Crossbred Hogget, 52’s and 50/56's— Good to super — to Average to good .. 55 to M Average 52 to 54 Medium Crossbred Hogget, 43/50’s— Good to super 56 to 58 Average to good 52 to 54 Average 50 to 52 Extra Fine Crossbred Hogget (shorn), 52’s and 52/56’s— Good to super 54 to 51 Average to good .. 52 to 53} Average 481 to 50 Fine Crossbred Hogget (shorn), 50’s and 50/52’s — Good to super 521 to 54} Average to good .. 50 to 52 Average 49 to 50 Medium Crossbred Hogget (shorn), 48/50’s— Average to good .. 50 to 51 Average 47 to 49 Necks Extra Fine Crossbred, 50/56’s— Good to super 531 to 58 Average 50 to 53 Medium Crossbred, 48/50’s — Good to super 49 to 51 Average 46 to 48 Pieces Fine Crossbred, 50’s— Good .. .. 43 to 45 Average .. .. •• 40 to 42 Inferior and seedy .. •• 34 to 39 Crossbred, 46/50’s — Good .. •• •• 42 to 44 Average .. . • • • 39 to Inferior and seedy .. — to 37 Bellies Crossbred, 46/50’s — Good •• •• •• 38 to 40 Average .. • • • • 33 to 371 Inferior, and seedy 30 to 32 Crutchings Medium Crossbred, 44/48’s— Good to super 44 to 1? Average 38 to 42 Inferior and seedy to 31 Second CrossbredAverage • • • • • • 26 to 34 Locks Crossbred 22 to 31)