SOUTHLAND WOOL SALE

Otago Daily Times, Issue 27572, 14 December 1950, Page 8

SOUTHLAND WOOL SALE

Prices On Par With Timaru Realisations

PA INVERCARGILL, Dec. 13.. As expected, Southland records toppled when the first main wool sale of the 1950-51 season was held at Invercargill today. Last year’s first sale record price of 70d for merino fleeces was almost doubled when a New Zealand mill paid 132|d for three bales of super quarterbred wool. The lowest price was 54d for merino locks. The estimated average for the sale was about 9s a pound.

The official report states: “The first main Invercargill sale of the 1950-51 series was held today, when a catalogue of 30,228 bales was submitted to a representative bench of buyers. This was the first occasion for many years that Invercargill has had a main sale before Christmas. Because of the exceptionally good conditions during shearing, brokers had no difficulty in filling their quotas by mid-November.

“ The mild seasonal weather was reflected in the sound condition of the wool and the lack of tender wool offered. Generally speaking, both the ewe and hogget wools were more robust than usual. Conspicuous among the offering was an attractive display of both ewe and hogget wool from Eastern Southland and the Gore district. This wool met with keen competition. Most of the offering consisted of good-quality crossbred hogget wool, which was. as usual, characteristic of Southland. It was noticeable that there was a greater proportion of shorn hogget wool included in the offering. The advantage of thinning was apparent and was reflected in the prices realised for the lots. “ Competition was widespread and came mainly from Continental buyers for bellies, pieces and oddments, while Bradford was strongly in evidence for crossbred fleeces, including hogget wools, with America competing keenly for suitable lines. As usual, local mills competed strongly for all classes suitable for their trade. A feature of the sale was that wool showing exceptionally good length was in keen demand, this being reflected in the higher prices paid for such lines, particularly crossbred ewe and hogget wool. “Taken over all, the prices were on a par with those paid at Timaru, except that values or 50 count and over were firmer.” The range of prices is:—

d. d. Southdown, 58/60 — Good to super .. .. 120 to 1284 Good 112 to 1184 Down cross, 56/58 — Good to super .. .. 117 to 125 Average 110 to 116 Fine Corriedale and halfbred, 56/58— 118 to 127 Average 115 to 1164 Medium Corriedale and halfbred, 56 — 118 to 121 Average 110 to 117 Inferior 99 to 108 Extra fine crossbred, 52— Good to super .. .. 110 to 115 Good 104 to 109 Average 101 to 103 Fine crossbred, 50, 48/50 — Good to super .. .. 107 to 111 101 to 103 Average 97 to 994 Inferior 89 ,to 54 1 Medium crossbred, 46/48— Extra super .. .. 121 to 1294 Good to super .. .. 106 to 108 99' to 105 Average 94 to 984 Inferior 82 to 87 Strong prossbred, 40/46 — Average 100 to 104 Inferior 94 to 98£ Extra fine crossbred hogget (woolly), 50/54— Good to super .. .. 111 to 118 106 to 109 Average 974 to 105 Extra fine crossbredhogget (shorn), 50/54 — Good to super .. .. 106£ to 1IZ Good 96 to 1UD Fine crossbred hogget (woolly), 50— Good to super .. .. 110 to 120 105 to 109 Average 101 to 104 Hogget (shorn). 50— 100 to 110 Average 96 to 99 Medium crossbred hogget (woolly), 48/50 — Good to super .. .. 115 to 122£ 106 to 112 Average 874 to 104 Necks Fine crossbred, 50/56 — Good to super .. .. 108 to 112 Average 934 to 107 Crossbred, -50— Good to super .. .. 107 to 110 Average .. .... 101 to iuo Pieces Fine crossbred, 48/50 — Good to super .. .. 92 to 994 Average 84 to 91 Inferior and seedy .. 77J to 80 Crossbred, 46/50 — Good to super .. .. 87 to 91 Average 7o£ to 84 Inferior and seedy .. 67 to 704 Bellies Fine crossbred, 48/50— Good to super .. .. 82 to 934 Average 77 to 814 Medium crossbred, 46/50— Good to super .. .. 81 to 84 Average 75 to 804 Inferior and seedy .. 67 to 74 Crutchings Crossbred, 44/48 — Good to super .. .. 86 to 984 Average 76 to 82 Inferior and seedy .. 664 to 75 Locks Crossbred, 46/50 .. .. — to 70