CROSSBRED WOOL SOUGHT

Southland Times, Issue 23717, 16 January 1939, Page 8

CROSSBRED WOOL SOUGHT

Strong Bidding At Napier Sale BUYERS EAGER FOR SUPPLIES (United Press Association) HASTINGS, January 15. A burst of applause greeted the top price of 15Jd realized at the second Napier wool sale on Saturday for an offering by Mr H. S. Hooper, Waipukurau, of five bales of wether Lincoln Romney cross wool. The next best price was 15Jd for 22 bales of a coarser type of Lincoln wool made up of 19 bales of ewe and two of hogget wool offered by Mr A. J. Inglis, Ongaonga. Whistles of astonishment from the buyers’ benches with some hand clapping from the public greeted the fall of the hammer on these two lots. The sale opened strongly and bidding was at times frenzied but it was unfortunate that the majority of the buyers appeared to be working to the same limits. These ranged trom 9Jd to IOJd and the sale generally showed a drop of about Id below the December figures. As the class of wool sold was in no way near the standard of that offered at the first sale, the drop in price may be discounted. The fact that the growers were prepared to accept the market prices caused practically a full clearance and there were very few passings. The greatest demand was for good style crossbreds. Keen competition for this,was evident throughout the sale. Buyers were obviously keen to secure supplies, resulting in a sale marked by sustained animation until the last catalogue had been completed. The Continent again bid strongly and several new buyers were seen on the well-filled benches. Japan was also in the market but was bidding slowly. The total number of bales offered was 27,383 of which fewer than 500 were passed. Average top-making quality wool realized from 9|d 'to and good quality fleece wool ranged from 10|d to lid, odd lines reaching from 12d to 13 jd. A feature of the sale was the strong bidding for coarser-quality wools. The only grade which sold cheaper than at Wellington was lambs’ wool, average to super ranging from 9Jd to ll<d.

The range of prices w< is:—■ d. d. Southdown A Southdown B 10 to 101 , 81 to 91 Halfbred, 56’s/38’s— Super 11 to 12. Average 91 to 101 Inferior up to 9J Fine crossbred, 5O’s/56’sup to 12J Inferior Average - 91 to 101 Inferior 9 to 9b Medium crossbred, 48’s/50’s — Super 11 to 141 Average 10 to 11 Inferior 81 to 91 Medium crossbred, 46’s/48’s— Super 11 to 131 Average 91 to 101 Inferior 81 to 91 Low crossbred, 44’s/46’sSuper z 11 to 12 Average 91 to 101 Inferior 81 to 91 Low crossbred, 36’s/44’s Super up to 151 Average 11 to 12 Hoggets— 56’s/58’s— 91 to 111 52’s/54’s— 91 to 121 48’s/50’s 91 to 11 46’s/48’s— 91 to 10-1 Lambs— 101 to 11-1 Super Average 91 to 101 Inferior and seedy 61 to 8 Very seedy 51 to 61 Pieces— 81 to 91 Super Average 71 to 81 Inferior and seedy 61 to 7-1 Bellies— 71 to’ 8 Super Average 61 to 71 , Inferior and seedy 6 to 61 Crutchings— Super 9 to 91 Average 71 to 81 Inferior and seedy 51 to 61 Locks— Good '' 41 to 5 Ordinary 51 to 4-1 Necks— 10 to 101 Super Average 91 to 91 Inferior 71 to 8