SLIGHT RISE

Otago Daily Times, Issue 27258, 8 December 1949, Page 8

SLIGHT RISE

FINE CROSSBRED WOOL WELLINGTON AUCTIONS MEDIUM GRADE FIRM PA WELLINGTON, Dec. 7. The official report issued by the Wellington Woolbrokers’ Association in conjunction with the New Zealand Woolbuyers’ Association and the New Zealand Wool Disposal Commission states:— The first Wellington wool sale of the 1949-50 season was held to-day. Catalogues totalled 31,420 bales of new season’s wool and there was no offering from the stock pile. The bulk consisted of good top-making and spinners’ wools, with 10 per cent, of paper felt wools suitable for the Continent also included. Oddments, many of them from hogget wool, were on the fine side, the majority being suitable for scouring. Growers, taking advantage of the favourable weather, had in many instances shorn earlier than usual. This resulted in a fair proportion of the wools being not fully grown. Competition was steady and well spread. The principal buying power rested with the continent, France in particular lifting a greater weight than previously. Bradford was generally on the edge of the market and picked up a small proportion. The United States was also active.

Compared with recent rates, extra fine and fine crossbreds advanced a shade. Medium crossbreds, although slightly erratic, may be' quoted firm. It is noticeable that in these medium wools there was little or no premium for good style lots. Coarse crossbreds, under strong American competition, advanced 10 per cent, and skirtings were fully firm. The official range

of prices is:— d. d. Southdown— Extra super .. .. to 55 Good to super .. .. 47 to 51 Good .. 45 to 53 Average .. 42 to 44 Fine Down cross— Good to super .. 471 to 50 Good .. 46 to 47 Average .. 42 to 45 Extra fine crossbred— Extra super .. .. to 493 Good to super .. 43 to 45 Good .. 40J to 42 Average to 39 Inferior to 31 Fine crossbred— Extra super .. .. to 41 Good to super .. .. .. 36 to 383 Good to 351 Average .. 31 to 331 Medium crossbred— Extra super .. .. to 36 Good to super .. .. to 34 Good to 331 Average to 291 Strong crossbred — Good to super .. .. to 45 Good .. 42 to 43 Average to 39 Fine crossbred hogget— Extra super .. .. . . to 43 Good to super .. .. to 401 Good to 371 Average .. 31 to 34 Fine crossbred hogget (shorn) — Extra super .. .. . . to 46 Good to super .. .. ..42 to 45 Good .. 35 to 40 Average .. 303 to 34 Medium crossbred hoggetGood to super .. .. . . to 37 Good .. 341 to 35J Average .. 33 to 34 Medium crossbred hogget (shorn )— Good to super .. .. .. 34 to 36 Good to 333 Average .. 32 to 33 Necks, fine crossbred— Good to super .. .. .. 40 to 433 Average .. 38 to 393 Necks, crossbred— Good to super .. .. .. 34 to 361 Average .. 263 to 281 Pieces, fine crossbred— Good to super .. .. .. 32 to 343 Average to 29 Inferior and seedy .. . . to 26 Pieces, crossbred — Good to super .. .. to 29 Average to 273 Inferior and seedy .. 201 to 223 Bellies, crossbred — Good to super .. .. to 271 Average to 26 Inferior and seedy .. .. 20 to 22 Crutchings. crossbred— Good to super .. .. to 351 Average .. 25 to 30 Inferior and seedy .. .. 23 to 25 Docks— Crossbred .. 161 to 19