OFFICIAL REPORT

Press, Volume XCIX, Issue 29130, 16 February 1960, Page 20

OFFICIAL REPORT

The official report issued by the Christchurch Woolbrdkers’ Association, in conjunction with the Woolbuyers' Association and the Wool Commission of New Zealand, states: “The third main sale of > the 1959/60 wool season was held in Christchurch yesterday when the first portion of a three-day sale was submitted. The total offering of 62,428 bales Is probably a record for New Zealand but, as not more than about "22,000 bales is to be offered on any one day, this is not held to be excessive. “The wools were drawn from all parts of Canterbury and also from Blenheim, Nelson, the West Coast and Chatham Islands. Quality and condition showed a great variation. Halfbreds and Corriedales, while showing a certain amount of dust, were generally well grown and free from yolk stain and there were a number of attractive lines on offer. The Romney wools, however, have evidently not stood up so well to the dry conditions and many of these were dusty and discoloured, and rather thin in the staple. The general condition was noticeably heavier than at the earlier sales. Ewe wools made up the bulk of the offering, the balance consisting of hoggets, lambs wool and a sprinkling of second-shear and crutchings. “There was a full bench of buyers and the sale opened with a firm tone, competition being well spread and at times animated. In line with recent trends the market showed a falling tendency and as compared with the recent sale in Wellington crossbreds generally can be quoted as in buyers favour with the finer qualities about 2Vi per cent, lower. Halfbred and Merino wools showed a decline of 2\'a to 5 per cent, as compared . with December closing rates but met with good competition at the lower figure. "Continental buyers were again the chief operators with the local mills and Japan competing keenly for the best of the fine wools. Bradford was quiet but took a certain proportion of the stronger qualities. The sale was a quick one and practically a full clearance was made at auction.”

The following is the range of prices:— d. d. Merino, 60/64’s — Extra super to 60 Good to super • a 53 to 57 Good a a 48 to 52 Average to goqd 44 to 47} Average • • 40 to 43} Inferior Southdown, 58/60's — 33 to 38 62} Extra super to Average td good 48 to 52 Inferior .. . Extra Fine Halfbred and 34 to 40 Corriedale, 58’s 58/60's— Good to super and 54 to 58} Good 49 to 53} Average to good 46} to 48} Average Fine Halfbred Corriedale, 56/58’s — and 42 53} to 46 58} Good to super to Good 49 to 53 Average to good 45 to 48} Average 41} to 44} Inferior Medium Halfbred . and 35 to 39 Corriedale, 56’s— Good to super 53 to 58 Good 49 to 52} Average to good 45 to 48 Average 41} to 44} Halfbred and Comedale, 50/56 s— Good to super 51} to 55 Good 48} to 51 Average to good 44 to 47 Average 41 to 43} Inferior 35 to 38 Extra Fine Crossbred, 52/54's— Good to super 51 to 55} Good 48} to 51 Average to good 44 to 47 Average 41 to 43} Fine Crossbred 50/52 s. 50’s— Good to super 50} to 54 i Good 47 to 50} Average to good Average 46/ 44 41 to to 46} 43} Medium Crossbred. 50’s 48/50’s— Good to super Good - • Average to good Average •# 49} 47 44 41 to to to to 51} 49 46} 43} Strong Crossbred, 48’s, 46/48's— Good to super Good Average to good 44/ 48} 46 43} to to to 50} 48 45} Average 40 to 43 Hogget Wools Extra Fine Halfbred, and Corriedale, and 58/60’s — 58 s 49 Good to 53 Average to good Average Fine Halfbred and 46 42 to to 48} 45 Corriedale, 56/58’s— Good to super Good 53 48 to to 55 52 Average to good 45 to 47} Average Medium Halfbred and 42 to 44} Corriedale, 56’s— Good to super 51} to 53 Good 49 to 51 Average to good Average 45 42 to to 48 44} Fine Three-quarterbred, 52's/54’s— Good 48} to 51} Average to good 45 to 48 Average 42 to 44 , Necks Merino, 60/64’s — 46} Good to super 41 to Average 36 to 40 Inferior 28 to 32 Fine Halfbred, 56/58s. 58’s— Good to super 46} to 49 Average 42 to 46 Inferior 36 to 38 Halfbred, 50/56’s, 56’s— 48} Good to super • a 46 to Average 42 to 45 Inferior Three-quarterbred, 50’s. 36 to 38 46/50’s— Good to super 45} to 48 Average 40 to 45 Pieces Merino, 60/64’s — 42} Good to super 40 to Average 36 to 39 J Inferior 28 to 34 Fine Halfbred, 56/58 s. Good to super 44 to 46 Average 38 to 43 Inferior 32 to 36 Halfbred, 50/56’s. 56 s— Good to super 42 to 45 Average t a 38 to 41 Inferior Three-quarterbred, 46/50’s— 50’3, 31 40} to 35 Good to super to 43 Average 38 to 40 Inferior 31 to 34 Bellies Merino, 60/64’s — .34} Good to super to 36 Average 33 to 34 Inferior 28 to 30 Fine Halfbred, 56/58’s, Good to super 37 to 41J Average 34 to 36 J Inferior Halfbred, 50/56’s— 25 to 29 Good to super 36} to 40 Average 33 to 36 Inferior 24 to 28 Three-quarterbred, 46/50’s— 50’s, 38i Good to super 36 to Average 33 to 35 Inferior 26 to 30 Lambs’ Wool Fine Halfbred, 56/58’s— Good to super 40 to 44 Average 34 to 39 Inferior Halfbred. 50/56’s— 26 to 30 Good to super 44 to 47 Average 39 to 43 Inferior Three-quarterbred, 50's 30 to 34 48/50’s— Good to super 45 to 48 Average 39 to 44 • Inferior 32 to 36 Locks Merino 20 to 22 , Halfbred 17 to 24 Three-quarterbred 17 to 23