WOOL SALE AT AUCKLAND

Press, Volume XCV, Issue 28234, 23 March 1957, Page 7

WOOL SALE AT AUCKLAND

Rise On Timaru Prices

(New Zealand Press Association) AUCKLAND, March 22. Average styled crossbred fleece wools advanced in price by fully a penny a pound on recent Timaru levels at the third main Auckland sale of the season today. The market for finer wools was firm in sellers’ favour. All wools were in very keen demand although much of the 1 fleece wool in the offering of 28,994 bales showed discolo.uration due to the wet season before shearing, and the oddments were generally of poor quality. A buyer described the quality of the Auckland clip v this season as the poorest for years. It was apparent that the skirting of many of the lines did not approach South Island standards. Most of today’s offering consisted of crossbred wools and, as is usual at the third sale, there was a smaller proportion of halfbred and Southdown wools. Average 53d per lb

The average price was estimated at about 53d a pound as compared with an actual average of 51.98 d at the January sale. This would bring about £77 a bale. Opening strongly before a full bench of buyers, the market remained steady throughout the day. Buyers representing Continental interests set the pace at the out-

set, but after some initial caution by Bradford buyers competition became general. Buyers for local scouring works were well to the fore. Japan was reported to be occasionally in the picture for fine wools, but not to the same extent as at South Island sales. Top price of the sale for greasy wool was 75jd, which was paid for a binned line of five bales of well-skirted down cross wool. Another binned line of down cross wool sold for 74jd and four bales of extra fine halfbred wool from the property of Mr N. Fisher, Waiheke Island, realised 74d. The rise in values was most marked on the medium crossbred wools and, although finer wools sold well too, buyers did not seem prepared to pay the same premium for these lines. Range of Prices The following is the official range

of prices:— d. d. Good 69 to 71 Average 62 to 66 Inferior 50 to 53 Fine Down Cross, 58/56-58’s— Good 69 to 75 Average 62 to 67 Inferior 59 to 61 Extra Fine Crossbreds, 56’s— Good 68 to 70 Average to good , 64 to 67 Average 60 to 63 Med. Crossbred, 46/50’s — * Good 57 J to 59 Average to good 554 to 57 Average 524 to 55 Extra Fine Crossbred, 50/56’s— Good. 64 to 66 Average to good 60 to 64 Average 56 to 59 Extra Fine Crossbred, 52’s— Good 62 J to 65 Average to good 61 to 62 Average 59 to 604 Fine Crossbred, 50’s— Good 60 to 624| Average to good 58 to 594 Average 56 to 574 Medium Crossbred, 58/50’s— Good 58 to 594 Average to good 56j to 574 Average 54J to 56 Med. Crossbred, 46/50’s — Good 574 to 59 Average to good 554 to 57 Average 524 to 55 Coarse Crossbred, 46/48’sGood f • • 574 to 59 Average to good 554 to 57 Average 52 to 55 Early Shorn, 56/50’s — Good 574 to 59 Average to good 53 to 56 Average 48 to 52 Necks Crossbred, 50-48/50’s — Average to good 60 to 614 Average 56 to 59 Inferior 52 to 54 Pieces Crossbred, 46-50’s— Average 46 to 484 Inferior 40 to 444 Bellies Crossbred, 46/50’s — Average 41 to 44 Inferior 37 to 40 Locks Crossbred, 46/50’s — 24 to 32 Crutchings Average 42 to 46 Inferior and seedy 35 to 384 Lambs

Fine Crossbred. 50/56's — Good • • 62 to 65 Average ■ • •• 54 to 59 Inferior and seedy .. 49 to 52 Crossbred, 50-48/50’s — Good • • •• 61 t° 63 Average .. • • 54 to 58J Seedy •• .. 34 to 37