Little Change In Invercargill Wool Prices

Press, Volume CIV, Issue 30745, 8 May 1965, Page 16

Little Change In Invercargill Wool Prices

(N.Z. Press Association) INVERCARGILL, May 7. The market for fleece wool and skirtings was quoted in buyers’ favour at the final Southland sale in Invercargill today, with shears and lambs generally unchanged, compared with the recent Christchurch sale, says an official report. The report is issued by the Invercargill Stock and Woolbrokers’ Association in conjunction with the New Zealand Woolbuyers’ Association and the New Zealand Wool Commission.

The report says that 30,000 bales were offered to a full bench of buyers. Originally, 34,259 bales were catalogued, but 4259 bales, consisting of brokers’ bin lots were withdrawn and will be sold in Dunedin next Tuesday. The report says that considering the weather the selection on the whole was better than expected for this time of the season.

Most of the offering consisted of fleece wools, which could be described as average to good average in style, the remainder being lambs’ and second-shear wools and the usual oddments. Some attractive lines of both lambs’ and shear wools were offered, but many lots were unpicked and showed the effects of wet weather. Oddments especially showed discoloration.

Continental buyers dominated the market, with limited support from the United States in shear wools. Bradford buyers were fairly quiet, with Japanese interests centred on Down and Down cross types.

The official range of prices is:

Southdown, 58/60’s — Super — to 57J Good 47 to 50 Average to good 42 to 44 Average .. 36 to 40 Inferior 30 to 34 Fine Crossbred, 50/ 52 and 52’s— Good to super .. 50 to 52 Good 47 to 493 Average to good 44J to 463 Average .. 42 to 44 Medium Crossbred, 48/50’s— Good to super .. 49 to 50 Good 46 to 48 Average to good 44 to 451 Average .. 41 to 433 Crossbred, 46/50’s — Good to super .. 48 to 491 Good 45 to 47 Average to good 43 to 443 Average 40 to 42 i Strong Crossbred, 46/48 ’s— Good to super .. 47 to 48J Good 441 to 461 Average to good 42| to 44 Average .. 393 to 42 Crossbred Shear— Good to super .. 453 to 47J Good 43 to 45

Average to good 41 to 42$ Average . Fine Crossbred Hog39 to 40$ get, 50’s (shorn)Good 46 to 48 Average to good 44 to 45$ Average .. 40 to 43$ Medium Crossbred, 48/50’s— Good 46 to 49 Good to average 42$ to 45$ Average .. 38 to 41 Inferior 32 to 36 Necks. Crossbred, 50’s and 48/ 50 ’s— Good 43$ to 45 Average .. 41 to 43 Inferior 36 to 38 Pieces Crossbred, 46/50's — Good 38 to 39 Average .. 35 i to 37’ Inferior and seedy 32$ to 35 Bellies Crossbred, 46/50’s — Good 35 to 36 Average .. 32$ to 34$ Inferior 28$ to 32 Crutchings Crossbred, 44/58’s— Good 37 to 39 Average .. 32 to 35 Inferior and seed 26 to 30 Locks Crossbred, 46/50’s — Good 23 to 27 Average .. * .. 20 to 22