Most Rates Firm At Dunedin Wool Sales

Press, Volume C, Issue 29454, 4 March 1961, Page 12

Most Rates Firm At Dunedin Wool Sales

(New Zealand Press Association!

DUNEDIN. March Although there was a slight easing for some lines, better style fine wools were fully firm on Wednesday’s rates at the second day of the Dunedin wool sale today. Merinos, half breds. and fine crossbreds were all firm on the rates realised on the first day. The medium and coarse crossbreds were slightly easier by perhaps a id. Average to inferior styles of wools were also slightly easier, but the prices for oddments and pieces were firm. There was a small percentage of passings, but they were generally infrequent As on the first day of the sale, buying was well spread witl. Continental buyers well to the fore. The New Zealand Wool Commission again stimulated the market by bidding for some of the poorer style fine wools. 126416 Bales The offering consisted of four catalogues totalling 26.516 bales Combined with the 25.938 sold on Wednesday this constitutes a record number of 52,454 bales for any Dunedin sale. The official report says a full bench of buyers assembled to compete for the 26.516 bales As the sale proceeded it was obvious that buyers’ limits were slightly reduced on medium and coarse crossbreds Continental buying again dominated while Bradford took a fair share of the offering. Japanese interest was mainly in the Southdown lots The United States operated on the coarser types, while local mills again gave support on the. finer wools The New Zealand Wool Commission’s bidding helped to stabilise the market for finer wools, especially the Merinos Range of Prices The official range of prices is as follows: —

Merino, 60/64’s. 70— Extra to super .. — to 56 Super 51 to 53 Good to super .. 48 to 49 Good .. .. 1 45 to 47 Average to good .. 43} to 441 Average 40 to 43 So”thdown 58/60’s— Super 48 to 52 Good to super 44 to 46 Good 41 to 43 Average to good .. 38 to 40 Average 30 to 34 Extra Fine Halfbred. 58/60‘s. 58*s. and Corriedales— Super 53 to 54 Good to super .. 501 to 52 Good 48 to 49 Average to good .. 46 to 47 Average 42 to 44 Fine Halfbred, 56/ 58’s. and Corriedale— Super 52 to 54 Good to super <94 to 511 Good 47J to 49 Averaged© good .. 451 to 47 Average 42 to 44 Medium Halfbred. 56’s and Corriedale— Super 52 to 54 Good to super 491 to 511 Good 4?i to 49 Average to good 451 to 461 Average 42 to 44 Extra Fine Crossbred. 52/54’s and finer— Good to super 50 to 53 . Good 48 to 494 Average to good 45 to 471 Average 41 to 44 Fin* Crossbred 50’s. and 50//52’s— Good to super 50 to 51 Good Average to good .. 471 45 to to 49} 47 Average 41 to 3 Medio™ Crpssbred. 48/50*$Super 481 to 49}

Good to super 47 to 48 Good 45 to 46 Average to good .. 43 to 44 Average 40 to 42 Coarse Crossbred, 46/48’s, and 44’s— Good to super Good .. S‘ £ & £5 Average to good .. 42 to 43 Average 40 to 42 Woolly Hoggets Extra Fine Halfbred. 58/60’s. and 58’s— Super 53 to 55 Good to super 50 to 52 Good 47 a to 49} Average to good .. 44J to 47 Average 42 to 44 Fine Halfbred . 56/ 58’s— Super 52 to 54 Good, to super 49} to 50} Good 47} to 49 Average to good .. 45 to 46} Average 42 to 44 Medium Halfbred. 56 sSuper 53 to 54 Good to super 491 to 52 Good 471 to 48} Average to good 45 to <61 Average 42 to 44 Extra Fine Crossbred 52/54’s— Super 52 *o 54 Good to super 491 to 52 Good 47 to 481 Average to good . 45 to ir Average 42 to Fine Crossbred. 52’s and 50/52's— Super 52 to 53 Good to super 491 to 51 Good 47 to 48 Average to good . 44} to 46 Average 41 to 43} Med'”m Crossbred. 50’s. 48/50’s— Good to super 48} to 49} Good 47 to 48 Average to gooo .. 44 to 46 Average 41 to 43 Shorn Hoggets Extra Fine Crossbred. 54/56’s— Good to super 49 to 50 Good 46} to 48 Average to good 44 to 46 Average 41 to 43 Fine Crossbred. 52/54’S' Good to super 48 to 50 Good 46 to 47} Average to good 44 to 45} Average 41 to 43 Fine Crossbred 50/ 52’s— Good to super 48 to 50 Good 46 to 47 Average to good .. 44 to 45 Average 41 to 43 Medium Crossbred. 50 sG«od to super 47 to 48 Good 44} to 46 Average to good . - 43 to 44 Average 41 to 43 Necks Menno— Good to super 42 to 45 Average to good .. 37 to 41 Inferior 33 to 36 Halfbred— Good to super 45 to 47J Average to good .. 40 to 44 Inferior 36 to 39 Fine CrossbredGood to super 43 to 45} Average to good .. 40 to 42 Inferior 36 to 38 CmssbredGood to super 43 to 45 Average to good .. 40 to 42 Inferior 36 to 38 Pieces MerinoGood to super 39 to 40 Average to good .. 35 to 37 Inferior " .. 30 to 34 Halfbred— Good to super 40 to 41 Average to good .. 37 to 39 Inferior 32 35 Fine Crossbred— Good to super 40 to 42 Average to good .. 37 to 39 Inferior 31 to 33 Crossbred— Good to super 39 to 41} Average to good .. 35 to 38 Inferior 30 to 33 Crutchings Halfbred— Good to super 31 to 33 Average to good 28 to 30 Fine CrossbredGood to super 36 to 39 Average to good .. 32 to 34 Crossbred— Good to super 41 to 44 Average to good . 36 to 39 Locks Merino— to good Halfbred— 15 to 18 Average to good .. 16 to 19 Fine Crossbred— Average to good .* n to 24