Wool Steady At Auckland Sale

Press, Volume CVI, Issue 31322, 18 March 1967, Page 21

Wool Steady At Auckland Sale

(New Zealand Press Association) AUCKLAND, March 17. Values remained substantially unchanged today at the seventh Auckland wool sale of the 1966-67 season.

The Wool Commission was again active and took about 50 per cent of the 25,600 bales in the sale. The lots passed to the commission were mostly fleece and poorer style second-shear. The average price for the sale was about the same as the February figure of 31.86 d per lb. A bin line of 11 bales of good to super Southdown wool brought 541 d, and a bin line of 10 bales of Southdown made 53 |d, but these prices were exceptional. Good length lamb’s wool was in keen demand. Buyers from the Continent were the main bidders, with some support from the United States on second-shear wools, and from Japan on a restricted selection of suitable types. Bradford bought hardly any. The offering, which contained 45 per cent in second-shear and early shorn, full length fleece and 15 per cent lambs’ wool, was not attractive. It was generally off-colour as a result of wet weather.

Farmers In the gallery had hopes that the lowering ot the British bank rate which was announced this morning might influence prices, but brokers said it would be some time before the reduction could have any beneficial effect on the wool market. Range of Prices

THE PRACTICAL APPROACH TO SELLING OR BUYING WITH SATISFYING RESULTS IS THROUGH CLASSIFIEDS. A “THE PRESS” CARRIES YOUR MESSAGE EARLY TO MORE THAN 68,500 FAMILIES IN CITY, SUBURBS AND COUNTRY.

d. d. Southdown, 58/60's— Good 54 Good-average .. 45 to 47 Average . 31 Fine Crossbred, 50’s— to 36 Good-average .. 39} to 42} Average 35 Medium Crossbred, 48/50's— to 38}

Good-average 36} to 39 Average 33 to 36 Crossbred, 46/50’s— Good-average 35} to 38 Average 33 to 35 Coarse Crossbred, 46/48’S— Good-average 35} to 38 Average 32} to 35 Second-shear Long, 3in-5in, 46/50’s— Good /. 36 to 38} Average-good 33 to 35 Average 29 to 32 Second-sheer Short, 2in-3in, 46/50’s— Good 34} to 37 Average-good 32 to 34 Average 27 to 31 Down Cross Lambs, 56/58’S— Good 52 Good-average 44 to 48 Average 39 to 43 Average - Inferior 34 to 38 Crossbred Lambs, 50’s, 48/50’s— Good 39} to 42} Good-average 36 to 38 Average 33 to 35 Inferior 26 to 30 Second Lambs, 48/ 50’s— Average 25 to 28 Inferior 20 to 23 Second-shear Bellies and Pieces, 46/ 50’s— Average 22 to 23} Inferior 17 to 20 Second Pieces— Average 15 to 19 Inferior 10 to 14 Locks 9 to 14