WOOL PRICES FIRM

Press, Volume XCIX, Issue 29366, 19 November 1960, Page 7

WOOL PRICES FIRM

Napier Sale

(flew Zealand Preus Association i NAPIER, Nov. 18.

The market at Napier’s first main wool sale of the season today can be quoted as in sellers’ favour for extra fine and fine crossbreds, while all other qualities and all oddments showed a firming tendency, says the official report.

The first portion of a 46,792 bales offering was submitted before a fully representative bench of buyers. The offering, which was drawn from all Hawke’s Bay, Gisborne, East Coast and Taupo districts, consisted mainly of hogget and dry ewe wool.

The clip generally was well grown, with less dust than usual because of the favourable season, but owing to wet conditions prevailing over most of the year water stain was apparent in many of the oddments. Bidding was brisk and well spread, with main competition apparent from the Continent, with good support from Bradford. Competition was keen beween Japan and America on the specialty lines for which a premium was paid.

During the afternoon the Hawke’s Bay Woolbrokers’ combined scoured catalogue was offered to a full bench of buyers. The offering c-roprised 3109 bales and included a proportion of good lots but many of the oddments showed yellow discolouration. Competition was keen and prices were most satisfactory, being, in the main, relative to today’s greasy prices. There was an excellent clearance of the large catalogue and very few lots were passed in.

Range of Prices Following is the official range of prices for greasy wools — Southdown, 58/60’s— d. d. Good —— to 50 Good to average 37 to 39 Extra Fine Crossbred, 54/56’s— Good to super 49 to 50 Good .47 to 481 Extra Fine Crossbred, 52’s— Good to super 49 to 50 Good 47 to 481 Average to good 44 to 451 Average 42 to 431 Fine Crossbred, 50’s — Good to super 48 to 491 Good ;. 46 to 471 Average to good 44 to 451 Medium Crossbred, 48/ 50’s— Good to super 471 to 49 Good 45J to 47 Average 43 to 441 Coarse Crossbred, 46/ 48’s— Good to super 47 to 481 Good / .. .45 J to 47 Average to good 43 to 441 „ x Hoggets Extra Fine Crossbred (shorn). 54/56’s— Good to super 49 to 50 Good .. 47 to 48j Extra Fine Crossbred (shorn), 52’s— Good to super 49 to 50 Good 47 to 481 (shorn), Good to super 48 to 491 Good 46 to 471 Average to good 44 to 45j Necks Fine Crossbred 50/56’s— Good 45 to 46 Average to good 43 to 441 Crossbred, 50’s and 48/ Good 43 to 45 Average 40 to 42 Pieces Fine , Crossbred, 50/56’s Good 37 to 41 Average 35 to 36 Crossbred, 46/50’s— Good 381 to 40 Average 36J to 371 Inferior 34 to 36 Bellies Crossbred. 46/50’s— Good 34 to 36 Average 32 to 331 Inferior 30 to 32 Crutchings First Crossbred, 44/ Good 431 to 451 Average 37 to 411 Inferior 32 to 351 Locks Crossbred— Good 24 to 251 Average 22 to 231 Second Shear— Good. 45 to 46 Average 42 to 44