WOOL SALE AT WELLINGTON

Press, Volume XCVII, Issue 28552, 3 April 1958, Page 17

WOOL SALE AT WELLINGTON

Prices Steady To Easier (New Zealand Press Association) WELLINGTON, April 2. Compared with the recent Napier sale extra fine and fine crossbreds were about firm, medium crossbreds 2) per cent, cheaper and strong 2| per cent, to 5 per cent, lower the official report of the fourth Wellington wool sale today. The catalogue totalled 29,679 bales and consisted mainly of wool from the Manawatu, Rangitikei and Wairarapa districts. It comprised chiefly ewe wool with a big proportion of lambs’ wool. Stronger wools were more prominent than usual. Generally the ewe wool was not up to the standard expected at this sale. It was inclined to be light in condition and showed tenderness and the effect of the wet summer was apparent in the prevalence of water and yolk stain. The lambs’ wool opened up in a reasonably good condition but a proportion also was water and yolk stained.

The sale was fairly steady throughout, though the demand was inclined to drag when inferior lots were offered. Main support for the market came from the Continent, with Bradford providing consistent competition. The New Zealand Wool Commission representatives supported the market from time to time with their bids but thenactual purchases were small. Compared with the recent Napier sale extra fine and fine crossbreds were about firm, medium crossbreds 21 per cent, cheaper and strong 2} per cent, to 5 per cent, lower. Good style lambs’ wool was firm but inferior sorts were in buyers’ favour. Skirtings were up to 2J per cent, cheaper.

Range of Prices The following is the officia range of prices:— Southdown— d. a. Good 48 to 50 Average 40 to 43 Extra Fine Crossbred, 52’s and 50/56’s— Good to super 46 to 481 Good 43 to 451 Average to good 40 to 42 Average 36 to 80ft Fine Crossbred, 50’s— Good to super 44 to 45 Good 411 to 431 Average to good 311 to 401 Average 34 to 37 Medium Crossbred, 48/ 50’s— Good to super 401 to 42 Good 3dl to 40 Average to good 37 to 38 Average 331 to 36 Crossbred, 46/50’s— Good to super 391 to 40 Good 371 to 39 Average to good 351 to 38 Average 33 to 35 Coarse Crossbred, 46/48’s— Good to super 39 to 40 Good 351 to 38} Average to good 341 to 36 Average 321 to 34 Lambs Down Cross — Good to super 44 to 461 Fine Crossbred 50's and 48/50’s— Super 39 to 41 Good 36 to 38 Average 32 to 35 Inferior and seedy 24 to 29 Second Lambs, bredGood 29 to 301 Average 24 to 28 Inferior 19 to 22 Necks Medium Crossbred, 43/ 50's— Good to 351 Average 321 to 34 Inferior and seedy 30 to 32 Pieces Crossbred. 46/50’s— Good 291 to 311 Average 27 to 29 Inferior and seedy 24 to 26 Bellies Crossbred. 46/50’s— Good 26 to 28 Average 231 to 25} Interior and seedy 20 to 23 ■ ■ '■