Downward Trend In Dunedin Wool

Press, Volume CIII, Issue 30560, 1 October 1964, Page 24

Downward Trend In Dunedin Wool

(New Zealand. Press Association)

DUNEDIN, September 30.

A slight downward trend in prices marked the close of the first day of the Dunedin wool sale to'day. As the first catalogue went before the buyers it became obvious that only the better style wools would maintain their former value and average style crossbred finaly lost as much as 3d on August rates.

Although the prices were down on the winter sale in August they were the same, and in some cases better, thah prices realised in the same sale last year. Buying was keen arid there were no obvious limits. The greatest demand was thought to come from Continental interests. Crossbred wool made up about 70 per cent of the offering. The better styles were In great demand and commanded good prices. Fine wools were generally down in price, compared with both last year’s and August’s sale, but they were selling dearer towards the end of the last catalogue. Price Range

The official range of prices: d. d. Merino, 60/64’s — Good to super .. 62 to 65 Good •57 to 61 Average 52to 56 Quarterbred, 60’s— Good to super .. 65 to 67 Good 61 to 64 Average 67 to 60 Fine Halfbred and Corriedale, 58/ 60’8— Good to super .. 61 to 65 Good 57 to 60 Average 52 to 55 Medium Halfbred and Corriedale 58’s and 56/58's— Good to super .. 65 to 68 Good 60 to 63 Average to good 56 to 59 Average 52 to 54 Halfbred and Corriedale, 56’s— Good to super .. 63 to 65 Good 60 to 62

d. d. Average to good 56 to 59 Average Extra Fine Cross52 to 55 bred, 54/56's— Good to super .. 65 to. 67 Good 61 to 64 Average to good 57 to 60 Average Fine Crossbred, 50/ 52 to 5b 52's— Good to super .. 59 to 62 Good 56 to 58 Average to good 52 to 55 Average Medium Crossbred, 49 to 51 48/50’s— Good to super ,. 58 to 60 Good 51J to 57 Average to good 52 to 54 Average Crossbred 46/58’s 49 to 51 and 44/46’s — Good to super .. 57 to 59 Good .. 53 to 55j Average to good 51 to 53 Average Southdown, 58/60’s— 48 to 50 Average to good 55 to 58 Inferior .. 44 to 48 Woolly Hoggets Fine Halfbred, 58/ 60’s— Good to super .. 59 to 61 Good 56 to 58 Average to good Medium Halfbred, 52 to 55 56/58's— Good to super .. 64 to 66 Good 60 to 62 i Average to good Extra Fine Cross56 to 59 bred, 54/56 ’s— Good to super .. 60 to 62 Good 57 to 59 Average to good Fine Crossbred 52’s 54 to 56 and 52/54’s — Good to super .. 60 to 62 Good 56 to 59 Average to good Medium Crossbred, 53 to 55 50’s and 48/ 50 s— Good to super .. 58 to 61 Good 55 to 57 Average to good 50 to 54 Necks Halfbred— Good 55 to 57 Average Fine Crossbred— 52 to 54 Good 54 to 56 Average Crossbred— 51 to 53 Good 52 to 55 Average 49 to 51 Pieces Halfbred— Good 48 to 52 Average Fine Crossbred— 44 to 47 Good 47 to 50 Average Crossbred— 44 to 46 Good 46 to 49 Average 43 to 45 Bellies Halfbred— Good 46 to 49 Average Fine Crossbred— 42 to 45 Good 45 to 48 Average Crossbred— 41 to 44 Good 44 to 47 Average 41 to 43 Inferior 37 to 39