AUCKLAND WOOL Id UP ON NAPIER

Press, Volume CI, Issue 29892, 4 August 1962, Page 16

AUCKLAND WOOL Id UP ON NAPIER

(.Vtw Zealand Press Association)

AUCKLAND. Aug. 2. The average price for , all wools at the first Auckland sale of the 1962-63 season today was at least Id a pound above the Napier rates on Monday. For the producers, this result is regarded as most satisfactory, although prices generally are slightly below those received at the August sale in Auckland last year. Taken over all, the offering today was not particularly attractive. Many of the lines, particularly the crutch:ngs. showed the effect of the wet pre-shearing period. About 65 per cent, of the offering was second-shear and early shorn hogget wool Crutchings accounted for a further 20 per cent, and the balance was oddments. The Continent bought

strongly and was supported by American buyers who appeared to concentrate mainly on the crutchings. Wcol passed at the May and June sales was sold today at prices at least Id above the passing value. In some cases, short length, second-shear wool was up by as much as 2d on the recent Nanier rates However, on the day these were exceptional lines and were few in number. Top price of 52d was paid for three bales of secondshear extra-fine crossbred wool. Seven bales of a fine crossbred hogget wool brought 49? d. Five bales of a fine crossbred hogget made 49Jd. and three bales of second-shear ewe wool made 42Jd. Six bales of early shorn fleece, reclassed by the broker, sold for 5Ud. Range of Prices The following is the otllcial range of prices: Early Shorn Hogget. d d

Lone 50/56's— Good 46 to 48 Average to good 43 to 45 Average 33 to 42 Early Shorn Hogget, 50/56's— Good 414 to 43 Average to good 39a to 41 Average 35 to 374 Second Shear, Long— Good 41J to 43 Average to good 39 to 404 Average 37 to 384 Second Shear. ShortGood 404 to 42 Average to good 38 to 40 Average 35 to 374 Second-shear Pieces— Good 30 to 32 Average to good 26 to 23 Average 22 to —O 2nd-shear Bellies— Average 25 to 27 Inferior 21 to 234 Crutchings, 44/50's — Average to good 33 to Average 2R to 39 Poor average 25 to 271 Inferior 22 to Crutchings, 2nds— Average to good 28 to 30 Average 24 to •>7 Inferior 20 to 23