WOOL PRICES FIRM AT WELLINGTON

Press, Volume CI, Issue 29734, 30 January 1962, Page 19

WOOL PRICES FIRM AT WELLINGTON

(New Zealand Press Association)

WELLINGTON, January 29. The market was fully firm on recent rates on the first day of the January wool sale at Wellington today, with most descriptions in sellers’ favour, states the official report.

An offering of 25,300 bales, submitted to a full and representative bench of buyers, generally was not up to the usual standard for the January sale. The unfavourable weather before shearing had its effect on the clip, 'many lines being faulted with dust. The bulk of the offering was mainly average and good top making with a larger proportion than usual of short carding fleece. Competition was keen, the principal buyers being the Continental section, with Bradford, U.S.A. and Japan giving support on lines suitable for their requirements. Range of Prices The official range of prices is as follows: d. d. Southdown— Good to super .. to 57 Good .. 46 to 49

Average 41 to 44 Inferior Extra fine cross34 to 36 bred, 52’s— Good Average to good SI to to 47} 45 Average Fine crossbred. 39 to 42 50’s— Good to super .. 47 to 49 Good 44} to 46} Average to good 42 to 44 Average Medium crossbred. 39 to «i 48/50's— Good to super .. 46 to 47} Good 43} to 45| Average to good to 43 Average Crossbred, 46/50’s— 39 to 41 Good to super .. 45 to 46 Good 421 to 44} Average to good 40} to 42 Average Coarse crossbred. 36 to 40 46/48’s— Good to super .. 44 to 45} Good .. 42 to 43} Average to good 40 to 41} Average 361 to 39} Early shorn, good length— Good 42 to 44 Average to good 391 to 41} Average 36 to 39 Lambs Medium crossbred, 48/50’s and 50’s— Good 42 to 451 Average to good 39} to 41} Average Seconds, crossbred— 36} to 39 Good 33 to 35} Average 30} to 32} Necks Medium crossbred. 48/50’s and 50’s— Good 43 to 45 Average 40} to 42 Inferior and seedy 36} to 39} Pieces Crossbred. 46/50’s— Good 35} to 37} Average Inferior and seedy 33 to 35 29 to 32 Bellies Crossbred, 46/50’sGood 30} to 34 Average Inferior and seedy 28 to 30 25 to 27 Locks CrossbredGood 20 to 23 Average 171 to 19}