Wool Prices Firmer At First Wellington Sale

Press, Volume CII, Issue 30042, 29 January 1963, Page 17

Wool Prices Firmer At First Wellington Sale

(Neu> Zealand Press Association)

WELLINGTON. Jan. 28.

The official report on the Wellington wool sale issued by the Wellington Woolbrokere* Association in conjunction with the New Zealand Woolbuyers’ Association and the New Zealand Wool Commission states that the first sale of the Wellington January double sale was held todav in the Town Hall when 26,553 bales were offered to a full bench of buyers. The bulk of the selection comprised fleece wool with the usual offering of oddments and a fair selection of lambs’ wool Although the wool opened up well some discolouration was showing.

Compared with prices ruling at the Napier sale fine wools are quoted slightly dearer with all other fleece wool very firm to sellers’ favour.

Prices for bellies and pieces were barely maintained. Good length lambs’ wool was firm, but shorter and faulty descriptions were inclined to be erratic and tended in buyers’ favour. Continental buyers took the bulk of the offering with support from the United Kingdom. Coarse wools were taken by the U.S.A, and buyers operating on behalf of Japanese interests took the Southdown and down cross types .

Rance of Prices The official range of prices was as follows:— Southdownd. d. Good to super .. S3) to 0! Good .. ~ .. 46) to 49) Average 39 to 45 Interior 37 to 38 Down CrossGood to super .. S3 to 59 Good 48) to 54 Extra Fine Crossbred. 50/56'sGood to super .. 58) to 00) Good S3) to 58 Good average .. S3 to H Average 50 to S3) Fine Crossbred. 50‘s and 50/STaGood to super .. 55 to 5M Good 53) to 54) Good average. .. 30) to S3 Average 47 to 50

Medium Crossbred, 48/50’s— Good to super .. 52 to 53} Good 50 to 511 Good average .. 47J to 49} Average . .. Crossbred, 46/50 s— 441 50} to 47 Good to super .. to 52 Good 48 to 50 Good average 45) to 47) Average Coarse Crossbred, 43 to 45 46/58's— Good to super .. 49} to 51 Good 461 to 49 Good average .. 44 to 46 Average Extra Coarse Cross42 to 43} bred. 40/46’s— Good average .. 44 to 47} Lincoln— . Good average Early-shorn, 46/50’s43} to 461 Good 47 to 48} Average 44 to 46 Inferior Second-shear, 46/ 42} to 44 50’s. good lengthGood 47 to 48} Average 44 to 46 Inferior Medium Crossbred. 42 to «3) 48/50's— Good to super .. 56 — Good ... 46 to 49} Average Inferior and 41} to 45} seedy Lambs 39} to 40 Second CrossbredAverage 36 to 40 Necks Extra Fine Crossbred. 50/56‘s— Good 31} to 54 Average 49 to 51 Inferior and seedy Medium Crossbred. 40 to 46 48/50’s— Good 49} to 51} Average 47 to 49 Inferior and seedy 43 to 45 Pieces Fine Crossbred Hogget— Good .. 43 to «5) Average 39 to a Inferior and seedy Crossbred. 46/50’s— 34 to a Good 41 to 43) Average 37} to 40} Inferior and seedy 33 to 36 BeHles Crossbred. 46/50’sGood .. Average 21 to to 21 Inferior and seedy Medium Crossbred. 31 to 32) 44 Zig’s— Good 38} to 42 Average 34 to 87 Inferior and seedy Second Crossbred36 io a Average a to a Locks Crossbred .. a to a