OFFICIAL REPORT

Press, Volume XCVIII, Issue 29070, 5 December 1959, Page 14

OFFICIAL REPORT

The official report issued by the Christchurch Woolbrokers’ Association, in conjunction with the Woolbuyers’ Association and the Wool Commission of New Zea'and, states: “The second main sale of the 1959-60 season was held in Christchurch yesterday when five catalogues. totalling 33,565 bales, were submitted. “The offering was mostly drawn from the Canterbury and Marlborough districts, but the West Coast, Nelson and Chatham Islands were also represented. The offering was a mixed one with many attractive lines especially among the halfbred and Corriedale clips, but the : coarser qualities were a little disappointing and a fair percentage of i these were more or less dusty and discoloured as well as showing lack of character and length. The bulk lof the offering was rather heavier |in condition than is usual at this sale. However, considering the near drought conditions which have ruled in many districts the average showing was well up to expectation and a satisfactory feature was the comparative absence of yolk stain. Piece wools opened up well on the whole and were well up to the standard for this sale. “There was the usual full bench of buyers and the sale opened very firmly with keen and general competition for almost all classes of wool. Tire Continent was again to the fore and took a large precentage of the finer fleece and piece wools. Bradford buyers were rather more active than at the last sale, while both Japan and East Europe were in the market for suitable lots. Some of the best fine wools were bought on behalf of the local mills. ‘As compared with the recent Wellington sale three-quarterbred and crossbred wools can be quoted as in sellers’ favour, while halfbreds and Corriedales were fully 2J per cent higher than at the Christchurch October sale, with the best lots up to 5 per cent, dearer. Merino wool was again rather irregular, but showed little actual change from the previous sale. All classes of piece wools sold freely at an advance of fully 2J per cent. There was almost a complete clearance at auction. The following was the range of prices

Merino, 60/64’s— Good to super 52 to 58 Good 481 to 511 Average to good 44 to 48 Average 40 to 43 Southdown, 58/60's — Good to super 60 to 661 Average to good 50 to 56 Inferior 40 to 46 Southdown, 58/60's — Good to super 60 to 661 Average to good 50 to 56 Inferior 40 to 46 Extra Fine Halfbred and Corriedale, 58's and 58/60's— Extra super to 63 Good to super 58 to 61 Good 52 to 571 Average to good 49 to 511 Average 45 to 48 Fine Halfbred and Corriedale, 56/58's— Extra super to 631 Good to super 57 to 601 Good 51 to 561 Average to good 481 to 501 Average 44 to 48 Medium Halfbred and Corriedale 56's— Good to super 521 to 60 Good 51 to 56 Average to good 48 to 50 Average 43 to 47 Halfbred and Corriedale, 50/56's — Good to super 531 to 55 Good 51 to 53 Average to good 47 to 50 Average 43 to 46 Extra Fine Crossbred. 52/54's— Good to super 53 to 55 Good 50 to 52.1 Average to good 48 to 491 Average 43 to 47 Fine Crossbred, 50’s, 50/52 s— Good to super 521 to 54 Good 50 to 52 Average to good 47 to 49 Average 43 to 46 Medium Crossbred. 46/ 50s, 48/50’s — Good to super 52 to 531 Good 491 to 511 Average to good 461 to 49 Average 43 to 46 Strong Crossbred, 44/ 48's. 46/48's— Good to super 511 to 521 Good 49 to 51 Average to good 451 to 48 Average 42 to 45 Hogget Wools Extra Fine Half-bred and Corriedale 58’s and 58/So’s— Good to super 58 to 611 Good 52 to57 Average to good 49 to 51 Average 45 to 48 Fine Halfbred and Corriedale, 56/58 s— Good to super 56 to 61 Good 51 to 551 Average to good 48 to 50 Average 42 to 47 Medium Halfbred and Corriedale 56's— Good to super 54 to 57 Good 501 to 53 Average to good 47 to 50 Average 43 to 46 Fine Threequarter Bred.

52/54's— Good to super 524 to 56 Good 494 to 52 Average to good 464 to 49 Average 43 to 46 Threequarter Bred 50's, 50/52 s— Good to super 52 J to 55 Good 50 to 52 Average to good 464 to 49 Average 42 to 46 Crossbred 46/50's. 48/50's Good to super 524 to 54 Good 494 to 52 Average to good 464 to 49 Average 42 to 46 Necks Merino 60/64's— Good to super 46 to 48 Average 42 to 45 Fine Halfbred 56/58's. 58’s— Good to super 50 to 54 ■ Average 45 to 49 Inferior 40 to 43 Halfbred 50/56's, 56’s— Good to super 48 to 50 Average 44 to 47 Inferior 40 to 42 Threequarter Bred 50's and 46/50’s— Good to super 47 to 494 Average 42 to 46 Inferior 38 to 41 Pieces

Merino 60/64’s— Good to super 42 to 45| Average 39 to 41 Interior .30 to 35 Fine Halfbred 56/58’s. 58's— Good to super 45 to 47£ Average 41 to 44 Inferior 33 to 37 Halfbred 50/56's 56's— Good to super 44 to 461 Average 40 to 43 Inferior 33 to 37 Threequarter Bred 50's, 46/50's— Good to super 43 to 451 Average 39 1o 42 Inferior 32 to 36 Bellies Merino 60/64's— Average 34 to 37.1 Fine Halfbred 56/58's, 58's— Good to super 39 to 411 Average 36 to 381 Inferior ' .. 28 to 32 Halibred 50/50's— Good to super 38 to 41 Average 36 to 371 Threequarter Bred 50's, 46/50’s— Good to super 36 to 381 Average 33 to 351 Inferior 28 to 32 Locks Merino 18 to 24 Halfbred HI to 23| Threequarter Bred 18 to 24’