Wool Prices Steady On Second Day At Auckland

Press, Volume CI, Issue 29724, 18 January 1962, Page 14

Wool Prices Steady On Second Day At Auckland

(New Zealand Press Association)

AUCKLAND, Jan. 17

The second day of the Auckland wool sale today followed very closely the pattern of ‘he first, with a firm market for all descriptions, the same spread of buying, and little change ia price Levels. Better style fine crossbreds were in keen demand with Continental buyers dominating the bidding. Prices at times were in seller#’ favour. Though the Continent were again the principal operators they had some support from Bradford on better length wools and from America on lines suited to their requirements. There has been practically a total clearance at the auction. The day's offering consisted of 24.472 bales, making a total of 53,533 for the sale Prices for early shorn wools of average to good quality were slightly up on Monday. The same applied to lambs' wool with the exception of down, which was a little easier. Crossbreds were Id a pound up but inferior dips maintained the earlier level. Good length wool was again eagerly sought. Ewe wool was firm at Monday's values Official Report The final day of the second main sale of the 1961-62 season in Auckland was held in Auckland today when three catalogues containing 24.472 bales of new season’s greasy wool was submitted to auction, says the official report. Total offering for the two days was 53.533 bales. The wool offered today was similar in style and condition to that offered on Monday. A full and representative bench of buyers provided well spread and, at times, keen competition throughout the day. The Continent were again the principal operators with some support from Bradford on better length wools and from America on lines suited to their requirement*. There has been practically a total clearance at auction Commared with the first day on Monday the market is quoted a* unchanged. Prompt date for the sale is Tuesday, February 6.

Rance of Prices The official range of Drices la as follows:— Southdown. 58/60's— a. a Average to good 41 to 44 Average 38 to 39 Inferior 30 to 33 Extra Fine Crossbred, 50/56's— Good 441 to 46 Average to food 411 to 44 Average 381 to 40 Extra Fine Crossbred. 52 s— Good ., 44 to 48 A Average to good 411 to 43 i Average 381 to 40i Fine Crossbred, SO'S— Good .. Average to good 43* to 43 41 to 43 Average 38 to 40 Medium Crossbred. 48/50's— Good .. ., Average to good 42} to 441 40 to 42 Average 371 to 40 Medium Crossbred. 46/50's— Good .. .. 41J to 43} Average to good 39J to 41 Average 361 to 39 Coarse Crossbred, 48/48’s— Good 41 to 43 Average to good 391 to 40} Average 36 to 38 Earlv Shorn. 46/50's— Good 401 to ♦21 Average to food 38 to 40 Average 34 to 371 Second Shear; tin to Sin. 46/50's— Good 40 to 41}

Average to good 87) to 39 Average Necks 34 to 37 Crossbred. 48/50’s— Average to good 42 to 43 Average Pieces 39 to 41 Crossbred. 46/50’SAvenge to good 34* to 38 Average Ml to 34 Inferior Bellies 29 to 32 Crossbred. 46/50’a— Average to good »| to 31) Average 27) to 29 Inferior Leeks' 25 to 27 Crossbred Lambs 18 to 24 Crossbred 50 s, 48/ 50 long Good — 41 to 44 Average to good a* to 40) Average 35 to 37 Crossbred 80s. 48/ 50 Snort— Good 37| to 40 Average to good to 37 Average 33) to 35 Second CroMbred, 48/SO’a— Average to good 32) to .31 Average 29) to 3’1 Inferior and teedy M to 29