Pries Of Wool Slightly Easier

Press, Volume CIV, Issue 30911, 18 November 1965, Page 25

Pries Of Wool Slightly Easier

(New Zealand Press Association) AUCKLAND, November 17. / Hopes by growers of a further substantial fce in the price of wool were not fulfilled at jfie second main sale of the Auckland season today.

/With an offering which was Generally poorer in quality than in October, the market ftended to be erratic and valves over-all were slightly easier than they were at Nanier last week. today's prices were broadly eanparable with those obtsined by Auckland growers ti October. Official Report The official report issued by the Auckland Woolbrokers’ Association in conjunction with the New Zealand Woolbuyers’ Association and the New Zealand Wool Commission, says 25,696 bales of new season’s greasy wool contained in five catalogues were submitted to auction. They comprised full-length ewe and wether wools, hogget wool and second-shear in equal proportions plus the usual oddments. Some Good Lines

Although the offering was not equal in standard to the October sale, many good lines were in evidence. Hogget wools were generally wellgrown and of good, average style but with some hint of water stain.

Fleece wools opened up fairly well but again water stain spoilt some otherwise attractive lines.

Competition within limits was well spread throughout the day with Continental buyers supported by America and by Japan on lines suited to their requirements, uplift-

tog the bulk of the offering. Compared with last week’s sale ait Napier, this Auckland market was generally to buyers’ favour except for wellprepared and attractive lines which were about steady.

Second-shear which was only of average style and short in staple, declined by 2j per cent. Passings around 8 per cent of the offering were recorded to the saleroom but a number of these lines for which the price bid was near the reserve price were sold in subsequent negotiation. Price Range The official price range is:

d d Southdown, 58/60'S' — Good average 49 to 52 Average 42 to 47 Inferior 35 to 38 Extra Fine Hogget, Shorn, 56’s — Good 54 to 57 Good average 514 to 53 Average 46 to 50 Extra Fine Hogget Shorn, 50/56’s—Good 524 to 55 Good average 49 to 52 Average 46 to 48 Extra Fine Hogget Shorn, 52’s— Good 52 to 54 Good average 494 to 51 Average 464 to 49 Fine Hogget Shorn, 50’s— Good • 50 to 524 Good average 474 to 494 Average 45 to 47 Fine Crossbred, 50’s— Good 50$ to 52$ Good average 47 to 49 Average 43 to 46$ Medium Crossbred, 48/50’8— Good 494 to 514 Good average 46 to 48 Average 43 to 45 Crossbred, 46/50’s — Good 484 to 50 Good average 46 to 48 Average 42 to 45 Coarse Crossbred, 46/48’s— Good 48 to 49$ Good average 4o$ to 474 Average 42 to 44$ Second-shear Long 3in-5in 46/50’s — Good 45 to 47 Good average 43 to 444 Average 40 to 42$ Second-shear Short, lin--2$in, 46/ 50 ’s— Good 43$ to 454 Good average 414 to 43 Average 38 to 41 Early Shorn Hoggets, 50/56's— Good 51$ to 54 Good average 48 to 51 Average 44$ to 47 Second-sfaear Hoggets, 50/56's— Good 48 to 50 Good average 45 to 474 Average 404 to 44 Crossbred Necks. 50, 50/56’s— Average to good 494 to 524 Inferior 43 to 46 Crossbred Pieces, Fine. 50s — Average 37 to 39 Inferior 32 to 36 Crossbred Pieces, 46/50’s— Average 35 to 374 Inferior 32 to 34$ Crossbred Bellies, Fine, 5»’s— Average 33 to 36 Inferior ... 30 to 324 Crossbred Bellies, Average 32 to 35 Inferior 28 to