NEW RECORD

Otago Daily Times, Issue 26956, 16 December 1948, Page 8

NEW RECORD

WOOL PRICE EIGHTY-ONE PENCE AT CHRISTCHURCH STRONG COMPETITION PA CHRISTCHURCH. Dec. 15. The New Zealand record price of 81d was paid for part of a Marlborough merino clip at the first Christchurch wool sale to-day. 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 80d was paid for the tops of a Marlborough merino clip, and the second cut made 793 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-Canterbury clip, all prices at 80d and better were paid for Marlborough wool. Official Report The official report issued by the Christchurch Woolbrokers’ Association, ‘in conjunction with the New Zealand Woolbuyers’ Association and the New Zealand Wool Disposal Commission, says the first main Christchurch wool sale was held in the' Civic Theatre to-day. A catalogue of over 30,000 bales was offered. The selection was mostly of good to super style, and the catalogues largely comprised hogget wools and ewe clips shorn before lambing. Some of the wool was dusty, due to the 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, in spite of the altered exchange rate, values were as good as at the. peak sales last season. Following is the official range of prices:—

d. d.

Merino, 60/64’s— Extra super 67 to . 81 Good to super 58 to 66 Good 52 to 57 Average 40 to 48 Southdown. 58/60’s— Good to super 46 to 501 Good to average .. .. 37 to 44 Extra fine Corriedale and Halfbred, 58/60’s— Extra super 571 to 63 Good to super 54 to 57' Good 50 to 53 Average 42 to 48 Fine Corriedale and halfbred. 56/58’s— Extra super 55 to 601 Good to super 51 to 54 Good 47 to 50 Average ■ 40 to 46 Inferior .. .. .. 30 to 37 Medium Corriedale and Halfbred, 56’s— Good to super 45 to 50 Good 40 to 44 Average .. .. 36 to 39 Corriedale and Halfbred, 50/56's — Good to super 41 to 44 Good 36 to 40 Average 30 to 35 Strong Halfbred or Fine Three-quarterbred, 52’s— Good to super .... .. 35 to 39 Good 30 to 34 Average .. 26 to 29 Fine Crossbred, 50’s— Good to super 30 to 36 Good 26 to 291 Average 23 to 251 Medium Crossbred, 48/50’s — Good to super 29 to 31 Good 25 to 281 Average 22 to 24 Extra Fine Half-bred Hogget. 58/60’s— Extra super 58 to 591 Good to super 54 to 57 Good 49 to 53 Average , •. 42 Fine Halfbred Hogget, 56/58's — to 48 Extra super 57 to 59 Good to super 52 to 56 Good 46 to 51 Average 40 to 45 Medium Halfbred Hogget, 56’s— Extra super 54 to 58} Good to super 46 to 52 Good 40 to 45 Average 35 to 39 Fine Crossbred Hogget, 50/54's— Good to super 32 to 35 Good 28 to 31 Average Medium Crossbred Hogget, 25 to 27 46/50’s— _ Good to super 28 to 30 26 to 271 Average 24 to 251 Necks. Halfbred— Good to super 45 to 52 Average 37 to 43 Pieces. Merino — Good to super 45 to 52 Average 36 to 43 Halfbred— . Good to super 42 to 51* Average .36 to 40 Fine Crossbred or Threequarterbred— „ . Good to super Average .. 21 to 25 Bellies, Halfbred— Good to super 36 to 40 Average 31 to 35 Crossbred — . Good to super 21 to 23 Average 19 to 201 Crutchings, Halfbred— Good to super 22 to Average 19 to 21