WANGANUI WOOL SALE
Good Prices For Crutchings
(New Zealand Press Association) WELLINGTON, August 2 Closing rates for second shear wool pieces, fleece oddments, and crutchings sold at Wanganui today were fully maintained and perhaps in sellers’ favour says the official report of the sale. The total offering was 7678 bales—a small increase on the previous year’s. Crutchings appeared to be a little shorter than usual and certainly were softer.’ The really coarse lines that have been available in this centre in some quantities in past years appeared only occasionally scattered throughout the catalogues. Competition was good and well spread. It is probable that the biggest weight of wool will go to America and the Continent. Bradford was barely able to meet the competition, except on specialties. Australian competition was also present, particularly on the better and coarser lines of crutchings Compared with rates ruling for the small offering of crutchings at the close of the New Zealand season in Mav. prices today were par to a shade dearer. The closing rates for second shear, as well as pieces and fleece oddments, were at least fully maintained and perhaps in sellers’ favour.
LONDON WOOL FUTURES (N.Z. Press Association—Copyright) LONDON. August 1. London wool crossbred quotations today were as follows:
Bradford Wool Tops.—Crossbreds: 56’s av. carded, 113 d per lb; 50’s av. carded, 95d; 46’s av. carded, 925.
Range of Prices The following is the official range of prices. d. Crutchings, 40-46’s— Super 541 to 601 Good .. • 50 to 54 Average 46 to 49 Crutchings, 44-48’s— Super 53 to 551 Good 50 to 521 Average 44 to 49 Inferior 36 to 43} Crutchings, 46-50’s— Good 47 to 51} Average 44 to 46} Inferior 36 to 42 Second Crutchings, 44-48 s— Good / 45 to 47} Average 38 to 44} Inferior . . . 35 to 37} Second-shear — Good .. • 571 to 61} Average 54 to 57 Inferior 51 to 53
Buyers Sellers •d per lb d p~r lb. September ..911 95 December .. 88 92 March .. 87 871 July .. 85 86?
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Bibliographic details
Press, Volume XCVI, Issue 28346, 3 August 1957, Page 15
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333WANGANUI WOOL SALE Press, Volume XCVI, Issue 28346, 3 August 1957, Page 15
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