Merino Clip Sets N.Z. Record Price At Dunedin Sale

Gisborne Herald, Volume LXXV, Issue 22825, 21 December 1948, Page 8

Merino Clip Sets N.Z. Record Price At Dunedin Sale

(P.A.) DUNEDIN, Dec. 21. A new record price for New Zealand greasy wool was established at the first main fleece sale of the season in Dunedin yesterday, when a local mill paid 81|d per lb. for three bales of super combing Merino sold by Malvern Downs, Central Otago.

This eclipsed the previous record of 81 d for a Marlborough Merino clip at Christchurch last Wednesday. The selection in Dunedin yesterday was mostly of a good style, with large entries of hogget wools and ewe clips, mostly shorn before lambing. Generally the wool opened up particularly well, there being almost an entire absence of dust, only very few bales from Central and North Otago showing slight signs. Most of the better-class fine clips came from Central Otago, with some exceptionally good lines of crossbred from the south. Local Mills Secure Fine Wool

The local mills were always in the market for better lines of fine wools and obtained most of these, although they had strong competition from other sources, mostly Continental. Bradford was fairly quiet. The maximum total of 30,000 bales, all new season’s wool, was offered. There were no passings and the Joint Organisation did not come into any part of the sale. In spite of the recently-altered exchange rate, values were better than any of the peak prices secured last year. There was a keen demand for all classes of wool and values appreciated from 3d to 6d per lb. on those of last season. There was a full bench of buyers, but the buying appeared to be restricted to a few. The official report issued by the Dunedin Woolbrokers’ Association, in conjunction with the New Zealand Woolbuyers’ Association and the New Zealand Wool Disposal Commission, states that the first main sale was held yesterday when more than 30,000 bales of new season’s greasy wool was offered and every lot was sold. Condition Above Average The quality of the wool, in general, was above the average and opened up in excellent condition. The Merino clips forward were of super style and quality. Halfbred clips were mainly in line with the Merinos, being well grown and sound. A fair proportion of the catalogue comprised spring-shorn clips. The Continent were most active, the official report continues, but Bradford took lots which were suitable to their needs. Local mills competed freely for choice lots of fine wools and the resultant keen bidding established a new record for the Dominion. French sections took a major share of the skirtings. A noticeable feature, the official report concludes, was the excellent style and quality of the hogget wools generally, especially from the southern districts and these wools were very keenly sought after. The official range of prices is:— Merino 60/64’s—

d d Extra super .. .. 273 to 813 Good to super .. 70 to 74 Good .. .. . 62 to 654 Average .. .. .. 54 to 58} Inferior .. .. to 473 Southdown 58/60’s— Good to super .. 49 to 51 Good .. .. . 46 to 48 Average .. .. to 411 Quarterbred 60's —• Extra super .. 63 to 653 Good to super .. . 60 to 623 Good .. .. to 593 Average .. .. . 54 to 56 Ex. fine Corriedale and halfbred 58/60’s Extra super .. . 61 to 633 Good to super .. . 58 to 601 Good .. .. to 571 Average .. .. . 52 to 54j Inferior .. .. . 47 to 50 Fine Corriedale & halfbred 56/58’s — Extra super . 57 to 59 Good to super .. . 54 to 561 Good .. .. to 53 Average .. .. to 48 Inferior .. .. to 42 Medium Corriedale and halfbred 56’s —■ Extra super . 54 to 553 Good to super .. . 48 to 50 Good .. .. . 44 to 471 Average .. .. . 40 to 42 Corriedale and halfbred 50/56's — Extra super . 51 to 53 Good to super .. . 48 to 50 Good .. .. . 43 to 46 Average .. .. . 38 to 40 Inferior . 30 to 35 Strong halfbred or fine ij-bred 52’s Extra super .. . 45 to 49 Good to super .. . 41 to 443 Good .. to 40 Average .. .. , 34 to 373 Inferior .. .. to 30 Extra fine crossbred 50/56's — Extra super .. . 44 to 461 Good to super .. . 41 to 433 Good .. .. . 38 to 401 Average .. .. to 37 Inferior .. .. to 29 Fine crossbred 50’s— Extra super .. . 38 to 401 Good to super .. . 36 to 374 Good .. .. . 33 to 343 Average .. .. to 32 inferior . 24 to 26 Medium crossbred 46/50's — Extra super . 35 to 38 Good to super .. . 303 to 34 Good .. .. . 273 to 291 Average .. .. . 26 to 27 Inferior .. .. . 22 to 23 Strong crossbred 40/46’ — Good to super .. . 30 to 31 Good . 27J to 291 Average .. .. . 23J to 263 Extra fine halfbred hogget 58/60’s Extra super .. . 633 to 641 Good to super .. . 60 to 61 Good .. .. ; 56 to 58 Average .. .. . 52 to 54 Inferior .. .. . 42 to 44 Fine halfbred Hogget 56/58's — Extra super . 59 to 603 Good to super .. . 57 to 583 Good • • .• . 51 to 543 Average .. .. . 45 to 50 Medium halfbred hogget 56's— Extra super .. . 57 to 583 Good to super .. , 53 to 55 Good .. .. , 50 to 52 Average .. .. , 42 to 46 Inferior .. .. . 32 to 34 Halfbred hogget 50/56’s — Good to super .. . 50 to 541 Good .. .. . 46 to 48 Average .. .. . 42 to 44 Inferior .. .. . 201 to 31 Fine crossbred hogget 50/54’sGood to super .. . 42 to 44 Good . 40 to 413 Average .. .. 35 to 37 Inferior .. .. . 25 to 27 Medium crossbred hogget 46/50’sGood to super .. . 32 to 343 Good .. 284 to 303 Average .. .. .. 24 to 26 Lambs, fine crossbred 50/56’sAverage .. .. .. 30 to 311 Pieces, Merino— Good to super .. .. 51 to 53 Average .. .. 46 to 483 Pieces, halfbred — Good to super .. .. 483 to 51 Average .. .. .. 43 to 471 Pieces, fine crossbred or 3-bred— Good to super .. .. 35 to 37| Average .. 31 to Inferior and seedy Pieces, crossbred — * 22 to 25 Good to super .. .. 25 to 263

Average 23 to 24 Inferior and seedy . 1GJ to 18J Bellies, Merino — Good to super .. 43 to 461 Average 40 to 42 Bellies, halfbred — Good to super .... 40 to 43 Average 37 to 39 Bellies, crossbred — Good to super .. .. 28* to 301 Average 23 to 263 Inferior and seedy . 17 to 19 Crutchings, halfbred — Good to super .. 25 to 263 Average 21 to 23 Inferior and seedy . 14 to 17 Crutchings, 3-bred or fine crossbred — Average 19 to 214 Inferior and seedy . 12 to lb Crutchings, crossbred — Average 20 to 224 Inferior and seedy . 101 to 12 Locks-— Merino 17 to 19 Halfbred 23 to 25 Crossbred .. .. 15 to 184 Necks — Merino, good to super 52 to 55] Average 49 to 51 J-b'red, good to super 50 to 531 Average 45 to 47 X-bred, good to super 41 to 421 Average 36 to 38