LONDON WOOL SALES

Press, Volume XCIX, Issue 29165, 28 March 1960, Page 18

LONDON WOOL SALES

Opening Rates Unchanged

(N.Z. Press Association—Copyright) ® PJn > LONDON, March 26. .©he current series of London wool s^J es . continued yesterday with an offering of 11,350 bales arid with the strength of opening competition main *® i ” ed - the basis estabWednesday was generally confirmed. This was stated bv Lonhon Woo] Brokers, Ltd., and the on agency of the New Zealand Commission in a joint report f V rnd Ch addS iJ h^ t althou £h the Home n«iutlnn rO t V h ded the P rinci Pal competition there was useful support .roin the Continent. New Zealand greasy crossbreds Predominated and continued to be taken up at rates practically unchanged on opening prices. Scoured crossnreds were decidedly more difficult to buy. A small offering of slipes met keen demand with prices moving against the buyer lhe main weight of competition was on longer wools. The official range of prices in grease is:— Fine halfbred. 58/60’s

d. d. Good to average 55 to 57 Average 52} to 54. Halfbred, 56/58's— Good to average 53 to 57 Fine Crossbred Hoggets, 52/56’s— Good to super .. 55 to 57 Good to average 54 to 56 Average 51J to 54} Fine Crossbred, 52/56’s— Good to super 55} to 57} Good to average 54} to 56} Average 52J to 55 Fine Medium Crossbred, 48/50's— Good to super 55 to 56} Good to average 53 to 55} Average 514 to 54 Medium Crossbred. 46/ 50 s "*" Good to super 53J to 56 Good to average 521 to 54} Average 50 to 52 Crossbred Second-shear 3in up, 46/52’s— Good to super 49 to 51 Good to average 46} to 48 First Crossbred Pieces— Good to average 43} to 45} Average 40} to 43} Crossbred Bellies Good to average 39 to 40} Average 36} to 39 First Crossbred Lambs (Long)— Good to super 53} to 56 Good to average 52} to 53} First Crossbred Lambs (Short)— Good to super 51} to 54 Good to average 48} to 51} Average 43} to 47