SECOND-SHEAR WOOL DOWN 2d PER LB

Press, Volume CI, Issue 29722, 16 January 1962, Page 14

SECOND-SHEAR WOOL DOWN 2d PER LB

(Neto Zealand Press Association)

AUCKLAND, January 15.

Prices dropped by 2d a pound for secondshear wool compared with November and last January, and by Ud to 3d a pound for fleece wools on a buyers’ market at the second Auckland wool sale of the season today.

Compared with last week’s sale at Wanganui, the market for extra and fine crossbreds was in sellers’ favour. Other wools were rather erratic but overall showed little change in price. Quality lines were in keen demand and sold well, but prices for short fleeces and second-shear were irregular. The limited quantity of quality wool offered tended to make the sale erratic. Continental buyers were the most active and America bought most of the secondshear wooL Bradford topmakers were on the lookout for good length combing wool but the offerings generally were lacking in length. Japan confined itself to specialty types of Southdown and Cheviot wools, the only types it is buying at the present time. Official Report

The official report says three catalogues containing 29.061 bales of new season’s greasy wool were submitted to auction. This offering contained principally ewe and wether wools with some shorn hoggets, some lambs wool, a fair proportion of second-shear and the usual oddments.

The wool generally opened up on a per with January offerings but showing more dust than usual following dry conditions in the spring and early summer. Yellow disclouration following wet winter conditions was also in evidence in some lines. Brands and heavy raddle marks were also in evidence in some lines and this is causing concern in the trade. It was not possible to obtain a bid on some heavily branded tines.

Range of Prices The following is the official range of prices:— Southdown. 58/60's— Average to good 41 to 44 Average 38 to 39 Inferior 30 to 33 Extra Fine Crossbred. 50/56's— Good «i to 46 Average to good 41J to 44 Average 381 to 401 Extra Fine Crossbred. 52's— Good 44 to 451 Average to good to 43J Average 38J to 401 Fine Crossbred, 50* s Good 431 to 45 Average to good 41 to 43 Average 38 to

•Medium bred. Good Cross- i 48/50’s— 421 to 441 Average to good 40 to 42 Average 371 to 40 Medium Crossbred, 46/50’sGood 411 to 43] Average to good 391 to 41 Average 361 to 39 Coarse Crossbred. 46/48’sGood 41 to 43 Average to good 39} to 40] Average 36 to 38 Early Shorn. 46/ 50’s— Good 401 to 42] Average to good 38 to 40 Average 34 to 37] Second-shear. 46/ 50’s— Good 40 to 41] Average to good 37} to 39 Average 34 to 37 Oddments Crossbred Necks, 48/50'sAverage to good 42 to 43 Average 39 to 41 Crossbred Pieces, 46/50’sAverage to good 34} to 36 Average 32} to 34 Inferior 29 to 32 Crossbred Bellies, 46/50'sAverage to good 29} to 31] Average 27} to 29 Inferior 25 to 27 Crossbred locks .. 18 to 24 Crossbred Lambs, 50’s, 48/50’s, long— Good .. 4 tc 44 Average to good 39 to 40) Average 35 to 37 Crossbred Lambs, 50's. 48/50’S short— Good 37} to 40 Average to good 35} to 37 Average 33} to 35 Second Crossbred Lambs, 48/50's— Average to good 32} to 34 Average 29} to 31] Inferior and seedy 28 to 29