Wool firm at Wellington

Press, Volume CXII, Issue 33067, 7 November 1972, Page 2

Wool firm at Wellington

(N.Z. Press Association) WELLINGTON, Nov. 6. The minor dip in wool prices recorded at the last two sales, at Auckland and Christchurch, halted at the Wellington sale today. The official report said that compared with Christchurch, the market could be quoted as firm for fine and medium crossbred’shom hoggets, and fully 2| per cent dearer for mature wools in the coarser qualities. Only a small gallery of growers attended the sale. They showed little reaction to the prices. Most said afterwards that they had received about what they expected for their wool. The Continent, with good support from Eastern Europe, again dominated the buying. Some support came from Japanese interests.

The offering of 21,405 bales, drawn mainly from the Wairarapa, Manawatu and Rangitikei districts, comprised 40 per cent new season’s shorn hogget, 20 per cent ewe fleece, and 40 per cent oddments. The bulk of the wool opened up attractively and was of good quality, sound, and well grown. Some otherwise good lines were spoilt by being too mixed in quality. The ewe fleece was generally of good colour and style, although some lines were inclined to be short in staple length. The oddments were of good colour and there was a noticeable absence of stain and mud. Prices:— « o Fine Crossbreds, 48/50s: Good .. .. 140 to 146 Average .. 134 to 140 Poor .. 124 to 132

Medium Crossbred, 46/50s: Good Average Poor 138 to 143 130 to 137 112 to 128 Medium Crossbred, 46/48s: Good 133 to 138 Average 128 to 132 Poor 111 to 126 Fine Perendale: Good to super .. 165 to 170 Average 155 to 164 Extra Fine Crossbred Hogget (shorn). 52s, 54/56s: Good ■to super .. 172 to 178 Good 165 to 171 Average 156 to 164 Poor 148 to 155 Fine Crossbred Hogget (shorn), 50s and 50/52s: Good to super .. 153 to 159 Good 146 to 152 Average 140 to 145 Poor 130 to 139 Fine Crossbred Hogget (shorn), 48/50SGood to super .. 145 to 150 Good 140 to 141 Average 132 to 139 Poor 124 to 130 Early Shorn, 44/48s: Good 132 to 138 Average 125 to 130 Second-shear, 44/48s, Good Length: Good 131 to 136

Average 127 to 130 Poor 110 to 120 Neck* Extra Fine Crossbred, 5O/56s: Good 152 to 156 Average 145 to 151 Fine Crossbred, 48/50*: Good 140 to 144 Average 136 to 130 Pieces Fine Crossbred Hogget: Good 113 to 120 Average 105 to 112 Inferior 87 to 103 Crossbred, 46/50s: Good 100 to 110 Average 94 to 99 Inferior 82 to 92 Bellies Crossbred, 46/50s: Good 95 to 102 Average 89 to 94 Inferior 78 to 88 Crutchlng* Crossbred, 44/48s: Good 110 to 121 Average 94 to 108 Inferior 76 to 93 Second Crossbred: Average 90 to 101 Inferior 70 to 85 Lock* Crossbred: Good 67 to 72 Average 60 to 66