AUCKLAND WOOL SALE

Press, Volume XCVIII, Issue 28894, 14 May 1959, Page 19

AUCKLAND WOOL SALE

Values Firm On Second Day (New Zealand Press Association) . AUCKLAND, May 13. The fifth and final sale of the 1958-59 season concluded at the Auckland Town Hall today with a further offering of 28,324 bales of new season’s greasy wool and 144 bales of wool re-offered by the New Zealand Wool Commission.

Total offering for this flxturee was a record at 55,987 bales. As on Monday, says the official report, the catalogues contained mainly second shear wool and lambs wool with a small quantity of fleece and the usual oddments. This wool was similar in style and condition to that offered on the first day. Competition from a full and representative bench of buyers was relatively keen throughout the day and a little more widespread than on the first day. The Continent was again the principal operator with America showing interest in the second shear wools. Bradford bought sparingly. Few bids were required from the New Zealand Wool Commission in support of the market and there was practically a total clearance of the record offering. • Compared with the . first day prices are quoted as in sellers* favour for fleece wools and for second shear and very firm for lambs* wool and oddments.

Rance of Prices The following Is the officia range of prices:— Southdown, 58/60’s — d. g d. Average to good 58 to Average Inferior .. __ Fine Down Cross. 58-56/58 44 32 to 38 s— Average to good Inferior .. Extra Fine Crossbred. 43 37 to to 46 40 52’s— Average to good 45} to 47} Average Fine Crossbred, 50 s— 43 to 45 Average to good Average Medium Crossbred, 48/50 s 46 43 to to 48 45} Good to 481 Average to good 45 to 47 Average 42J to 44} Medium Crossbred, 46/50 s— Average to good 441 to 46 Average Coarse Crossbred. 46/48 s42 to 43 } Average to good to 46 Average 42 to 43} Good • • • • 471 to 50 Average to §ood 441 to 46} Average 41 to 43} Inferior 39 to 40} Necks Crossbred — Good to average 40 to 45 Inferior 34 to 38 Pieces Crossbred— Good to average 38 to 39} Average 36 to 37} Inferior 33 to 35} Bellies Crossbred — Average 321 to 35 Inferior 30 to 31} Locks Crossbred— Lambs Fine Down Cross— Good to average 38} to 42 Average Fine Crossbred, 50/56’s— 34 to 37 Good 451 to III Average 41 to 43} Inferior 371 to 39} Seedy Crossbred. 50-48/50’s— 24 to 30 Good to average 421 to 45} Average 39} to 41} Inferior 34 to 38} Seedy 24 to 32..