OFFICIAL REPORT

Press, Volume CIII, Issue 30426, 28 April 1964, Page 16

OFFICIAL REPORT

The official report issued by the Christchurch Woolbrokers Association In eonjunction with the Wool Buyers' Association and the New Zealand Wool Commission, states:

‘•The final Christchurch wool sale for the 1963-64 season was held yesterday at the Wool Exchange building when an offering of 30.484 bales was submitted. The offering was a mixed one. drawn from Marlborough. Nelson. West Coast and Chathams, in addition to the foothills and back country of Canterbury. It included an unusually large percentage of second-shear and lambs’ wool amounting to about 35 per cent of the total offering. The condition showed considerable variation with a certain quantity of clean, well-grown fleece, but with a fairly large proportion showing more or less dust and discoloration. The lambs’ wool opened up quite well on the whole with some attractive lots both in the fine and medium qualities, while the second-shear was mostly average to good in style and condition. Piece wools and oddments were about up to their usual standard for this sale. "Recent reports from the North Island had indicated an easier market, and this was borne out when the sale opened with a full bench of buyers. Competition was fairly good on the better sorts, but rather restricted and irregular on poorer qualities. Continental buyers supplied the main bidding, with good support from Bradford and some from the U.S.A, on suitable lots. "As compared with the recent Wellington sale prices for medium and fine crossbred wools can be quoted as 2i per cent down, and coarse crossbred In buyers’ favour. Fine wools were fully easier by 5 to 7i per cent compared with last Timaru sale, with inferior sorts at times neglected. "Passings were a good deal heavier than at the earlier sales.”

The following is the range of prices:—

Merino. 60/84’s, 64*s— Good to super .. — to 70 Good 62 to 67 Average to good 58 to 61 Average .. 54 to 57} Inferior 43 to 50 Southdown, 58/80's — Average to good 47 to 58 Inferior 40 to 45 Extra Fine Halfbred and Corriedale, 58’s, 58/60’s— Good to super.. to 73} Good 64 to 68} Average to good 80} to 63} Average 58 to 60 Inferior 54 to 56 Fine Halfbred and Corriedale, 56/ 5&’s— Good to auper .. to 72} Good 64 to 68 Average to good 60 to 63 Average .. 56 to 59 Inferior 50 to 54 Medium Halfbred and Corriedale, SB's— Good .. ‘ . 63i to 67} Average to good 59 i to 62 j Average .. 56 to 58i Halfbred and Corrledale, 50/56’s— Good 61} to 64} Average' to good 59 to 61 Average 55| to 58 Inferior 50 to 53 Extra Fine Crossbred, 52/54’s— Good 614 to 65} Average to good 58} to 61 Average 55 to 58 Fine Crossbred, 50/ 52's— Good 60} to 63} Average to good 58 to 60 Average 53 to 57 Inferior 47 to 50 Fine Crossbred, 50's— Good 50} to 62} Average to good 57 to 59 Average 52} to 56 Medium Crossbred, 48/50’s— . Good ., 58} to 61}

r Average to good 56 to 58 Average 52 to 55} Inferior 48} to 51 Medium Crossbred. 46 '50's — Good 571 to 60 Average to good 55 to 56} Average 52 to 54} Inferior 48 to 51 - Strong Crossbred, <«/48's— Good 57 J to 60 Average to good 55 to 56} Average 52 to 54} Inferior 48 to 51 Second-shear Wools Fine Halfbred and Corriedale 50/ 58’s—Good 55 to 58 Good to average 52 to 54} Average 49 to 51} Inferior 42 to 45 Three-quarterbred. 48/50’s. 46/ 50 s— Good 58 to 62 Average to good 53} to 57 Average 50 to 53 Inferior 45 to 48 Necks Merino, 60/84’s— Good to super .. 5S| to 62} Average 55 to 56 Fine Halfbred. 56/ 58’s— Good 60 to 63 Average .» 58 to 59} Halfbred. 50/56’s, 56 s— Good 60 to 61} Average 57 to 59 Inferior 46 to 50 Three-quarterbred, 50'S, 46/50's— Good 55} to 57% Average 53 to 55 Pieces Merino, 60/64's— Good 53} to 56 Average 50 to 53 Fine Halfbred, 56/ 58's, 5S's— Good 54 to 57 Average 50 to 53} Inferior 44 to 48 Halfbred. 50/56's, 56 s— Good 52 to Average 49 to 51 Inferior 43 to 46 Three-quarterbred, 50's, 46/50’s— Good 5U to 53} Average 48 to 51 Inferior 40 to 45 Bellies Merino, 60/64’s— Good .. 47 to 48} Average 42 to 46 Fine halfbred. 56/ 58/58’s— Good .. 48 to 49} Average 42} to 47 Inferior 364 to 40 Halfbred. 50/56’s— Good 47 to 48} Average 42} to 46 Three-quarterbred, 50's, 46/50's — Good 45% to 47 Average 42 to 45 Crutchings Fine halfbred, 56/ 58’s— Average 34 to 39} Inferior 24 to 28 Halfbred, 50/56's— Average 35 to 41 Three-quarterbred, , 50's, 46/50’s— Good 46 to 49} Average 42 to 45 Inferior 34 to 39 Lambs* Wool Fine halfbred, 56/ 58’s— Good to super .. 52 to 56 Average to good ., 50 to 51} Average 48 to 49} Inferior 40 to 45 Halfbred. 50/56’s— Good to super .. 56 to 60 Average to good .. 52 to 55} Average 49 to 51} Inferior 43 to 48 Fine three-quarter-bred. 50 ! s, 50/ 52’s— Good to super .. 59 to 61} Average to good .. 55} to 58} Average 52 to 55 Inferior 48 to 51 Three-quarterbred, 46/50’S, 48/50’s— Good to super .. 58 to 61 Average to good .. 55 to 57} Average 52 to 54} Inferior 46 to 51 Leeks Halfbred 20 to 27 Thi ee-quarterbred 23 J to 26