Wellington’s Wool Sale Best Since 1951

Press, Volume CII, Issue 30284, 9 November 1963, Page 12

Wellington’s Wool Sale Best Since 1951

(New Zealand Press Association) WELLINGTON, November 8. Wellington’s one-day wool sale today was its best since the 1950-51 boom season, with prices well up on the second best, in the 1956-57 season. Nine bales of AA Southdown wool brought the top price for many seasons—Bo}d per lb—and the average for the whole day—about 60d per lb, or £9O a bale—was well up on Auckland’s last Monday.

Numerous good lots brought prices in the top sixties and seventies, and the official statement quoted a 2| per cent firming on Auckland. Shorn hogget wools predominated in the fleece offering, which in the main was well grown with liltle discoloration. A fair selection of early-shorn and second-shear wools w-as also on hand. The most marked rises occurred in Southdown and Down Cross wools, oddments and crutchings. Competition for the 25.480 bales was brisk right into the evening, with Bradford more active than in past weeks. At least one broker with agencies for Iron Curtain countries was prominent, and there were strong rumours thait the Chinese as well as the Russians were operating through agents. The Continent was active, and both the United States and Japan were prominent.

Range of Prices Southdown — d. d. Good to super .. 71 to 80 Good 65 to 69 Good, average .. 60 to 64 Average 55 to 58 Down Cross— Good to super .. 71 to 77 Good 68 to 70 Extra fine crossbreds, 52’s and 50/58's— Good to super .. 70J to 72 Good 68 to 70 Good average .. 6o| to 67J Average 62J to 65 Fine crossbred. 50’s and 50/ 52's— Good to super .. «* to 70 Good #61 to 68 Good average 644 to 66 Average 61* to 63J Medium Crossbred. 48/50’s— Good to super .. 67 to 69

Good 63 to 664 Good, average .. 624 to 644 Average 60 to 62 Crossbred, 46/50's— Good to super .. 664 to 684 Good 64J to 66 Good, average .. 62 to 64 Average ,. 59J to 614 Coarse Crossbred. 46/48’s— Good to super .. 664 to 68 Good 644 to 66 Good, average .. 62 to 64 Average 594 to 614 Extra Coarse Crossbred. 40/46’sGood 634 to 65 Extra Fine Crossbred Hogget (shorn), 52 s and 54/56's— Good to super .. 704 to 724 Good 68 to 70 Good, average .. 654 to 674

Fine Crossbred Hogget (shorn), So's and ' 30/ 52’s— Good to super .. 60 to 71 Good $ to 68 Good, average .. to 66 Early shorn. 46/ 50’s— Good to super .. 65J to 67 Good 63 J to 65 Good, average .. 61J to 63 Second-shear, 46/ 50’s, good length— Good to super .. 64 to 65 J Good 62 to 63J Good, average .. 59i to 61 Second-shear, 46/ 50’s. short length— Good to super .. 63 to 64J Good 60J to 621 Good, average .. 57 to