Fine Crossbreds Firm At Napier

Press, Volume CVIII, Issue 31862, 14 December 1968, Page 48

Fine Crossbreds Firm At Napier

iNcw Zealand Press Association)

NAPIER, December 13. Compared with the recent Dunedin sale, extra-fine crossbreds were up to 2 J per cent dearer, fine crossbreds were firm, but prices for medium and coarse crossbreds were barely maintained, at today’s Napier wool sale.

This survey of the market is given in the report issued by the Hawke’s Bay Woolbrokers’ Association, in conjunction with the New Zealand Woolbuyers’ Association and the New Zealand Wool Commission. The offering of 27,821] bales was submitted to a fully-representative bench of | buyers. Competition was fairly general, the Continent being the principal buyer, with support from Eastern Europe. Japan bought sparingly. Bradford and the United States were quiet. The offering, drawn from all Hawke’s Bay, Poverty Bay, and East Coast and Taupo districts included a wide selection of crossbred qualities and types, and contained mostly hogget and ewe wools, with some secondshear, and the usual percentage of oddments. The hogget wools, although showing some tenderness, opened up quite attractively, and were of good colour and quite stylish—but the ewe fleece in the main was a little disappointing and tended to show the effects of the season, many lines showing I slight tenderness and dust! content. The usual range of oddments were submitted. These generally showed quite good colour, but slight yellowness and seed faulted some lines.