Continent Heavy Buyer At Auckland Wool Sale

Gisborne Herald, Volume LXXVI, Issue 22850, 21 January 1949, Page 3

Continent Heavy Buyer At Auckland Wool Sale

(P.A.) AUCKLAND. Jan. 21. More than £BOO,OOO worth of new season’s wool was knocked down to a lively bench of buyers yesterday, the first day of the second main Auckland sale of the season.

Most of the offering of more than 23,000 bales went to the representatives of Continental firms who were mainly responsible for maintaining prices at the high level reached in other centres. Values were firm on recent rates and an average of between lid and 2d a pound above those of the first main Auckland sale in November.

Fifty-five buyers were at their places when the auction opened. Continental buyers almost held the floor through the entire sale. Bradford representatives were not particularly active and they were often forced beyond their limits by eager competitors. In the afternoon they were rarely heard. Buyers for Dominion mills, however, refused to be outbid and many of the high priced lots went to them after some spirited contests. The top price of the day of 573 d was paid by a South Island firm for seven bales of extra fine halfbred from Waiheke. The same firm soon afterwards paid 55d for another lot of Waiheke halfbred. The top price . yesterday was 6d above the best bid of the November sale. Total Clearance

Every lot offered at the sale was sold and there was competition for almost every bale. In addition to the new season's wool. 11G3 bales of Joint Organisation wool were auctioned and each lot had an immediate buyer. The following is the official range of prices:— „„„, Southdown. —Good, 47Jd to 52., d; average. 42d to 44d. Extra Fine Halfbred.— Super, 531 d to 573 d; good, 50d to 52d. Fine Halfbred. —Super, 48d to 50d; good, 453 d to 47£d; average, 42d to 44d. ’Down Crossbred. —Good, 37d to 39Jd; average, 34d to 36d; inferior, 30cl to 31d.

Extra Fine Crossbred. —Good, 33d to 35d; average, 31d to 32]d inferior, 27d to 29d. , Fine Crossbred— Good, 28d to 30d; average, 26d to 27Jd; inferior, 24d to 35d. „ , , , Medium Crossbred. —Good, 26’d to 271 d; average, 24Jcl to 2Gd; inferior, 23d to 24d.

Medium Crossbred. — Good, 251 d to 261 d; average, 24d to 25d; inferior, 22id to 23$d. Coarse Crossbred. —Good, 25d to 26d; average, 23Jd to 24£d; inferior, 22d to 23d. Strong Crossbred. —Good, 25d to 26d; average, 23d to 24d; inferior, 22d to 22$d. Necks, Crossbred. —Good, 28d to 31 Jd; average, 26d to 273 d; inferior, 22d to 24d; seedy, 18d to 191 d. Pieces, Fine Crossbred. —Good, 26d to 281 d; average, 23d to 25d; inferior, 20d to 22Jd. Pieces, Crossbred. —Good, 22Jd to 231 d; average. 20d to 22d; niferior, 14d to 18d.

Bellies, Fine Crossbred. —Good, 20d to 22d; average, 18d to 19. id; inferior, 16d to 17Jd. Bellies, Crossbred. — Good, 183 d to 20d; average, 17d to 18.1 d; inferior, 16d to 163 d. Locks, Crossbred— Good, 14d to 15d; average, 12d to 131 d; inferior, lid to 113 d. Crutchings. —Good, 21d to 22d: average, 18d to 201 d; inferior, 16d to 17d; seedy, 12d to 14d. Lambs, Fine Crossbred.— Good, 29d to 31d; average, 27d to 28Jd; inferior, 25d to 26d.

Lambs, Medium Crossbred. —Good, 28d to 30d; average, 26d to 27Jd; inferior, 23d to 25d.