AUCKLAND WOOL SALES

Greymouth Evening Star, 27 November 1935, Page 5

AUCKLAND WOOL SALES

11ANGE OF PRICES. (per press association.] AUCKLAND, November 26. The Dominion series of wool sales opened auspiciously at. Auckland today, when a representative bench of buyers competed keenly for al! classes, and values ruled from 20 to 40 per cent., and at times 50 per cent, above, those at the commencement of last season, and were mlly up. to London parity. Throughout the sale of 20,707 bales, passed lots were the exception, and clearance was estimated at about 90 per cent. The sale was closely followed throughout by a packed gallery, and producers generally expressed themselves as fully satisfied with resu.ts, values often being as much as 2d per lb. above their limits. The average price per lb. realised during. the sale could be conservatively estimated at Bd, compared with 5.6 d at the corresponding sale last year, and with 5.64 d at the March Auckland fixture. Allowing for passings and a price of about £l2 per bale, the total realisation for the sale would be well in excess of £225,000, as against. £88,250 at the first sale last year, when only 11,300 bales were sold.

The official report on the sale of the Auckland Woolbrokers’ Association states: Prices were in advance of those ruling last season, medium top tnaking sorts being ljd to 2d up, and good style super woollens 2d to 2£d better. Pieces also sold well. Taking the sale throughout, appreciation was more marked on medium and coarse rather than of fine grades. The wool generally was in getter condition than has been the case for many years past. The best price realised was 17? d for five bales of super half bred. The range of prices was as follows: Southdown A, 131d—14?,d; Southdown B Hi—l2Jd (March, 1935, nil and Sid —9id). Halfbred 56/58 super, Hild —15d, average 12id —13id, inferior 9id —lid (March, 1935, nil, 9Jd — 10iid, 64d —9d). Halfbred 50/56 super, 12Jd —14d, average 93d —10id, inferior Sid —9id (March, 1935, nil, 7id — SJd, 6d —7Jd). Extra fine cross bred 48/50, super super 10i —Hid, average- 83d —93d, inferior 7id —Sid, (March, 1935 nil, 6id —7id, 5d —6d). Fine crossbred 46/48 super, 9d—lOd, average 73d —83d, inferior 6id —7id (March, 1935, nil—6d —7.]d, 5d —53.). Medium crossbreu 44/46, super 8d — Bid, average 7id- —7§d, inferior 6d —63 d (March, 1935, nil, 53 —6id, 4id —sid). Coarse crossbred 40/44 super 73d —Sid, average 7d —7id, inferior 53d —63d (March, 1936, nil, 43d — sid, 4d —4ftd). Strong crossbred 36/40 super 73d —8 id, average 7d — 7id, inferior 53d —b»u (March, 1935, nil, 4id—sJd). Hoggets 56/58, 113d—--153d; 50/56, 12id—13id; 48/50, lOd —l2d; 4b/-±8 Bid—9id; 44/46, 73d— SJd (March, 1935, nil, 7id—lOd, 6d—83d, 5id —7id, 5d —7d). Lambs’ down 50/56, 8d —9id; fine 46/50, .id —BJd; medium 44/46, 53d—7d; seedy and inferior 4|d —6d (March, 1935, 7d —7id, 7d —83d,” sid—63d, 3id—Gd). Bellies and pieces, crossbred good to super 65d —7id, low to medium 4-Id —6d. Halfbred bellies and pieces Bid—93 d (March, 1935, 4id —sid, 3Jd —4id, Gd —63 d). Crutchings, medium to gopd 61d —7Jd, inferior to seedy 4?d —53d (March, 1935, 4d—sid, 2Ad—4d). 1935, 2d—3d). AT SYDNEY. SYDNEY, November 26. At the wool sales 12,438 bales were offered, and 11,779 sold; also 983 privately. There was a good strong demand for all descriptions at late rates. Greasy merino sold to 251 d. LONDON AND BRADFORD. LONDON, November 26. j At the wool sales, 10,928 bales were offered, including 2877 New Zealand. Competition was active and well distributed. Bradford: Continental competition at firm rates. New Zealand greasy halfbreds top 14id; average 13d. •