Official Report

Press, Volume CIII, Issue 30568, 10 October 1964, Page 22

Official Report

The official report issued by the Christchurch Wooibrokers’ Association in conjunction with the New Zealand Woolbuyers’ Association and the New Zealand Wool Commission says:—

“The second Christchurch sale of the 1964-65 season was held at the Wool Exchange, Addington, with a total offering of 21,123 bales submitted by four selling brokers. “The offering was mainly drawn frbm the Canterbury and Marlborough districts with a preponderance of halfbreds and medium to fine crossbreds, some second shear lines and a few Merino clips. The hogget lines included both woolly and shorn sorts. The condition of the wool generally was disappointing, mainly owing to bad seasonal weather and very dry conditions. A few bright and attractive clips were included but the bulk of the offering was carrying a fair amount of dust and mbit and was shorter in staple than usual, this being particularly noticeable in the crossbred lots. Pieces and oddments reflected the seasonal faults of the fleece offering. “Recent reports of an easing in the market were confirmed when the sale opened before a full bench of buyers. Best halfbred and Corriedale wools were about firm on recent rates in Dunedin but average and inferior sorts were part to 25 .per cent cheaper, with cross, bred prices in buyers’ favour. Under fairly good competition Continental buyers were prominent with local mills giving good support for the best fine wools. Bradford operated moderately and America and Japan were mainly interested in specialty lines. “Passings were considerably heavier than at recent sales.”

The fallowing Is the official range of prices:— d. d. Merino, 60/64’s; 64's— Good to super ,. 60| to 64 Good 56 to 60 Average to good 53 to 55* Average 50 to 52* Southdown, 68/60’s Good 52 to 54 Average to good 49 to 51 Inferior 40 to 44 Extra Fine Halfbred and Corriedale, 58's 58/60'S— Good to super .. 62 to 66 Good 57 ‘ to 60* Average to good 54 to 56* Average 51 to 53 Fine Halfbred and Corriedale, 56/ 58's— Good to super .. 61 to 65* Good 57 to 60 Average to good 54 to 56 Average 49 to 53 Medium Halfbred and Corriedale, Good to super . . 60 to 65 Good 56 to 59* Average to good 54 to 55* Average 50 to 53 Halfbred and Corriedale, 50/56’s — Good 55 to 56* Average to good 52 to 5,4* Average 48 to 514 Extra Fine Crossbred, 52/54's — Good to super .. 56* to 584 Good 54* to 56 Average to good 51 to 54 Average 47* to 504 Fine Crossbred, 50/ 52's— Good 54 to 56 Average to good 51 to 53 Average 47 to 50 Medium Crossbred. 48?50's— Good 52* to 544 Average to good 50 to 51J Average 46 to 404 Medium Crossbred, 46/50'S— Good 52 to 54 Average to good 49 to 51 Strong Crossbred, 46/48 s— Good 52 to 534 Average to good 49 to 51

Hogget Wools Extra Fine Halfbred and Corriedale, 58’s; s 58/60’s— Good to snper .. 59 i to 614 Good 57 to 59 Average to good 54 to 56 Average 50 to 53 Fine Halfbred and Corriedale, 56/ 58’s— Good to super .. 59 to 61 Good 564 to 584 Average to good 53 to 55 Average 50 to 52 Medium Halfbred and Corriedale, 56’s— Good to super .. 58 to 594 Good 56 to 574 Average to good 53 to 554 Average 50 to 52 Fine Three-quarter-bred, 52/54’s— Good 554 to 57 Average to good 52J to 55 Three - quarterbred. 50/52 ’s— Good to super 564 to 59 Good 54 to 56 Average to good 514 to 53 Average ... 48 to 504 Crossbred, 48/50's — Good 53 to 554 Average to good 504 to 524 Shorn Hogget Halfbred and Corriedale, 50/58’s — Good to super 56 to 61 Good 53 to 554 Average .. 50 to 524 Fine Three-quarter-bred, 50, 50/52’s— Good to super .. 55J to 584 Good 53 to 55 Average .. 50 to 52 Second Shear Halfbred and Corriedale, 50/56’s — Average to good 42 to 454 Average .. 37 to 41 Fine Three-quarter-bred, 50, 50/52’s— Good to super 50 to 524 Good 46 to 494 Three - quarterbred, 48/50’s, 46/50’s— Good 50 to 53 Average .. 46 to 50 Hecks Fine Halfbred, 56/5S’s— Good 51 to 55 Average .. 49 to 504 Inferior 45 to 47 Halfbred, 50/56’s, 56’s— Good 504 to 544 Average .. 484 to 50 Inferior 44 to 47 Three - quarterbred, 50’s, 46/50’s— Good 49 to 504 Average .. 46 to 484 Inferior .. 43 to 454 Pieces Fine Halfbred, 56/58’s, 58’s— Good 48 to 514 Average .. - .. 45 to 474 Inferior ,. 43 to 444 Halfbred, 50/56’s, 56’s— Good 464 to 50 Average .. 44 to 46 Inferior .. 41 to 43 Three - quarterbred, 50 s, 46/50’s— Good 454 to 48 Average 42 to 45 Bellies Fine Halfbred, 56/58’s, 58’s— Good 43 to 454 Average .. 42 to 45 Halfbred, 50/56T— Good 42 to 45 Average .. 394 to 41 Three • quarterbred, 50’s. 46/50’s— Good 414 to 434 Average .. 39 to •41 Crutchingi ft: Fine Halfbred, 56/ 58’s— Good 36 to 40 Average .. 31 to 35 Halfbred, 50/56’s— Good 364 to 40 Average .. 32 to 36 Three - quarterbred. 50’s, 46/50's— Good 40 to 43 Average . 35 to 39 Crossbred, 44/48’s — Good 44 to 47 Locks Halfbred 20 to 25 Three-quarterbred 24 to 28