BEST OF SEASON
WOOL’ AUCTION PRICES AT TIMARU SCOURED MERINO 55.R1 (P.A.) TIMARU, April 23. The fourth and final wool sale of the 1946-47 season at Timaru. held yesterday, was regarded both by the selling firms and by the buyers as being the most satisfactory sale in South Canterbury this season. Prices were fully firm on the Dunedin sale last week and, in several cases, wools of equal quality to the. offerings at the March sale in Timaru advanced a few pence. Record for Dominion? A feature of the sale was the high prices paid for scoured Merino wool. One line of 70 bales sold up to 55id, which is thought to be a record for New Zealand this season. The following is the official report issued by the South Canterbury Woolbrokers' Association: There was a total offering of nearly 5000 bales, including for the most part greasy, scoured and slipe wools. Generally speaking, the wool was late shorn and showed the effects of the season. The market was a remarkably good one, bidding being animated throughout and, taking into consideration the quality, the market was the best of the season as far as the fine wools were concerned. It appeared that some buyers were still short of their requirements, and for these lots prices were well above the previous sales. Range of Prices 1 Merino.—Extra super, 36d to 39d; average to good, 29d to 32id; inferior, 16d_to 23d. Fine Halfbred.—Good to super, 30d to 34£d: average, 26d to 29id; inferior, 19d to 24d. Medium Halfbred.—Good to super, 29d to 33j-d; average, 23d to 27d; inferior. 16d to 22d. Fine Crossbred.—Good to super, 19d to 21d; average. 17d to 181 d; inferior, 14d to_l6Jd. Medium Crossbred.—Good to super, 17d to 18d; average, 15M to 16d: inferior, to 14Jd. Scoured Merino.—s2fd to 55Jd. Coarse Crossbred.—Average to good. 12d to 15d. Fine Three-quarterbred.—Good to super, 22d to 26d; average, 19d to 214 d; inferior. 16d to 18!d •« Necks.—Merino.“24d to 271 d. Halfbred: 19d to 26d. Crossbred: 14d to 17d. Pieces.—First Merino: 20d to 25d. Second Merino: 16d to 19d. First halfbred: 20d to 26d. Second halfbred: 19id. Second three-quarterbred: 9£cs 19jd. Second three-quarterbred: 94d to 13Jd. Bellies.—Merino: 16d to 20d. Halfbred: 12d to 23d. Crossbred: 12d to 15£d. Locks.—Merino: 7d to lOJd; Halfbred: 7d to 12d. Crossbred: 5Jd to 9d. LONDON WOOL SALES j The Bank of New Zealand has received the following cable report from its London office regarding the current wool sales: Current quotations for New Zealand greasy wools of average condition.—Halfbreds, 56/58’s. 24d .to 28d; halfbreds, 56’s, 22d to 24}d:' halfbreds. 50/56’s, 21d to 23d. Crossbreds, 50’s, 19Jd to 22d; 48/50’s, 19d to 20<L 46/48's, 18d to 19d; 44/46’s, 173 dto Illllflflt|||||lf|||li|||||||||||||||||||||||,|,||| || |l | | || | |||| | |||||| ||,| | |g
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https://paperspast.natlib.govt.nz/newspapers/GISH19470423.2.76
Bibliographic details
Gisborne Herald, Volume LXXIV, Issue 22312, 23 April 1947, Page 5
Word Count
455BEST OF SEASON Gisborne Herald, Volume LXXIV, Issue 22312, 23 April 1947, Page 5
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