N.Z. RECORD PRICE, 81d PAID FOR MERINO WOOL AT CHRISTCHURCH

Gisborne Herald, Volume LXXV, Issue 22821, 16 December 1948, Page 6

N.Z. RECORD PRICE, 81d PAID FOR MERINO WOOL AT CHRISTCHURCH

(P.A.)

CHRISTCHURCH, Doc. 16.

A New Zealand record price of Sid was paid for part of a Marl borough Merino clip at the first Christchurch wool sale yesterday.

The sale opened on a bright note, and early it became apparent that there was practically no limit for choice fine wools.

Halfway through the first catalogue* 60d was paid foDfops of a Marlborough Merino clip and the second cut made 791 d. . , The 80d was bettered in the third catalogue when 80Jd was paid for part of another Marlborough Merino clip. Shortly after 803 d was paid and, in the last catalogue, the record price was reached. The same grower received 80d for his

second cut. With the exception of one mid-Can-terbury clip, all prices at 80d and better were paid for Marlborough wool. The official report issued by the Christchurch Woolbrokers’ Association, in conjunction with the New Zealand Woolbuyers’ Association and New Zealand Wool Disposal Commission says:— “The first main Christchurch wool sale was held in the Civic Theatre yesterday. A catalogue of over 30,000 bales was offered.

Competition Very Keen

“The selection was mostly of good to super style and the. catalogues largely consisted of hogget wools and ewe clips shorn before lambing. Some of the wool was dusty due to a dry winter and spring. “A very full bench of buyers attended the sale and competition was very keen. Although the successful purchases were limited to comparatively few, the local mills were keen to procure their usual supplies and most of the choicest lines fell to their bids, “Practically every lot was sold at auction and the prices realised will be very satisfactory to growers, as. despite the altered exchange rate, values were as good as at the peak sales last season. The following is the official range of prices:— Merino 60/64’s —

152 d FOR AUSTRALIAN MERINO WOOL

(11 a.m.) MELBOURNE, Dec. 16. A new Australian record for the Australian mainland was established today when four bales of extra superfine Merino sold at the Melbourne wool sales for 152 d per lb. Tasmania holds the all-Australian record with 153 d.

Extra super . 67d to 81 d Good to super . 58d to 66d Good . 52d to 57d Average . 40d to 48d Southdown 58/60’s — Good to super . 46d to 50 Id Good to average . 37d to 44d Ex Fine Corr. & Halfbred, 58/60's Extra super . 57>,d to 63d Good to super . 54d to 57d Good . 50d to 53d Average . 42d to 48d Fine Corr. & Halfbred 56/58’sExtra super . 55d to 60Jd Good to super .... . 51 d to 54d Good . 47d to 50d Average - 40d to 46d Inferior . 30d to 37d Med. Corr. & Halfbred 56’s— Good to super . 45d to 50d Good . 40d to 44d Average . 36d to 39d Corr. & Halfbred 50/56’s— Good- to super . 41d to 44d Good . 36d to 40d Average . 30d to 35d Strong Halfbred or Fine 3-bred 52’s — Good to super 35d to 39d Good 30d to 34d Average 26d to 29d Fine Crossbred 50’s— Good to super 30d to 36d Good 26d to 29Jd Average 23d to 25£d Medium Crossbred 46/50’s — Good to super .... ... 29d to 31d Good 25d to 281d Average 22d to 24d Ex Fine Halfbred Hogget 58/60’sExtra super 58d to 59 Jd Good to super 54d to 57d Good 49d to 53d Average 42d to 48d Fine Halfbred Hogget 56/58’s Extra super 57d to 59d Good to super 52d to 56d Good 46d to 51d Average 40d to 45d Medium Halfbred Hogget 56’sExtra super 54d to 58Jd Good to super 46d to 52d Good 40d to 45d Average ... 35d to 39d Fine Crossbred Hogget 50/54’s Good to super 32d to 35d Good 28d to 31d Average 25d to 27d Medium Crossbred Hogget 46/50’sGood to super 28d to 30d Good 26d to 27Jd Average 24 d to 25£d Necks, Halfbred — Good to super 45d to 52d Average 37d to 43d Pieces, Merino — Good to super 45d to 52d Average 36d to 43d Pieces, Halfbred— . Good to super 42d to 51Jd Average 36d to 40d Fine Crossbred or 3-bred Pieces— Good to super 26d to 35d Average 21d to 25d Bellies, Halfbred— Good to super 36d to 40d Average 31d to 35d Bellies, Crossbred— Good to super 21d to 23d Average 19d to 20Jd Crutchings, Halfbred— Good to super 2?d to 26d Average 19d to 21d Crutchings, J-bred or Fine Crossbred— Good to super .... .. . 20d to 23d Average •• . 18d to 19Jd Locks— Halfbred . 14d to 24 d Crossbred . 13d to 17d