ANOTHER INCREASE

Otago Daily Times, Issue 27384, 9 May 1950, Page 8

ANOTHER INCREASE

Ail Classes Of Crossbreds WANGANUI WOOL SALE PA WANGANUI, May 8. Prices for all classes of crossbred wool showed an increase at the fifth and final Wanganui wool sale of the current season, held today. A catalogue of 9724 bales of growers’ wool was submitted to a full and representative bench of buyers, and apart from this wool 4569 bales of Joint Organisation stock wool were offered. “ Competition was keen, with Continental buyers dominating the' market,” states the official report issued by brokers. “ Prices showed an increase for all classes of crossbred wool, the realisations showing a hardening tendency in sympathy with recent sales held in the Dominion. The increase in crossbred wool values was about 20 to 25 per cent, above the prices ruling at the last auction held in Wanganui in March. The offering comprised wools drawn from Wanganui, Taranaki, Rangitikei and King Country districts and consisted mostly of binned wools, the bulk of the main clips being disposed of at the earlier sales of the season. A large quantity of oddments, bellies, pieces, etc., was included in the offering.” The range of prices is:—

Southdown— d. d Good to super .. .. 58J to 61} Average 513 to 54} Inferior — to 48} Down cross— Good to super .. .. 53 to 56} Average 59 to 62} Extra fine crossbred— Good — to 54} Average 52 to 54 Fine crossbred— Good 46 to 49} Average 43 to 45 Inferior 40 to 4? Medium crossbred — Good 44 to 46 Average 403 to 43 Inferior 3b to 37 Coarse crossbred— Good 46 to 482 Average 43 to 46 Lincoln — to 52 Fine crossbred hoggets (shorn) — Good to super .. .. — to 61 Good 54 to 58 Average 50 to 52} Medium crossbred hoegets (shorn)— Good — to 50 Average 46 to 49 Crossbred necks— Extra fine — to 54 Good .. 45 to 50 Average 40 to 44 Fine crossbred pieces— 41 to 432 Good Crossbred pieces— Average 46 to 50 Crossbred bellies — Average 343 to 36 Inferior and seedy .. 28 to 32} Crossbred crutchings— Good .. 41} to 43 Average 36 to 39 Inferior and seedy .. 24 to 28} Locks— Average .. .. 26 to 30 Lambs Down cross— Good 57 to 59 Average 47 to 54 Inferior 42 to 46 Crossbred— Super — to 53 Good 46 to 49 Average 41 to 45 Inferior and seedy .. 34 to 38