WOOL VALUES

Timaru Herald, Volume CXLVII, Issue 21529, 16 December 1939, Page 8

WOOL VALUES

All Round Increase Timaru Appraisement Halfbred Reaches 17|d The first Timaru wool appraisement under the British Government’s purchase scheme was concluded on Thursday, entailing the examination of 13.326 bales. Prices on the average show an advance of between 2d and 3d on the proceeds of the December sale last year. The wool generally was lighter in condition than last year and a faitproportion was wasty and tender. Top price of 171 d went to a line of fine halfbred, while a choice line of merino hogget brought 17.1 d. Super merino made 16d as against 14d in December 1938. At the opening sale last year extra super halfbred brought up to 15d, whereas this week this class of wool was appraised at 17*, a rise of 2id. An increase of 2i‘d is noticed for super halfbred, while the average increase this year is 3d. Medium halfbred, as against last year’s price, shows an increase of 3ld. As the appraisal concluded on December 14, the prompt date will be December 28. A deduction of 5 per cent, of the gross proceeds will be retained as a balancing fund so that it will not be possible until the end of the season to ascertain the amount each grower will receive. Range of Prices The official range of prices at the appraisal and at the December sale last season is as follows: Appraisal Dec., 1933

d. d. d. d. Merino — Super .... 15 to 16 to 14 Average . . . 12 to 14 11 to 121 Inferior . . . 9 to 11 93 to 10] Fine Half bred (56 58) Extra super to 177 to 15 Super .... 15 to i6a 12 to 131 Average . . . 13 to 142 10.1 to 11? Inferior . . . 9 to 12 8 to 10 Medium Halfbred (5056) — Super .... 15 to 16 to 123 Average . . . 121 to 14 91 to 103 Fine Crossbred (48-50>— Extra super to 16.1 to 133 Super .... 14 to 15 111 to 121 Average . . . 12 to 13 a 10 to 111 Inferior . . . 10 to 112 9 to 91 Medium Crossbred (46 -48» — Extra super to 147 to 137 Super .... 13 to 132 11 to 12 Average . . . 12 to 123 10 to 101 Inferior . . . 11 to 113 8 to 93 Coarse Crossbred 4446) — Super .... to 13i — Average . . . 11 to 12a — Inferior . . . 9 to 11 — Crossbred (40-44)-Super .... 10. to 12 to 102 Average . . . 91 to 101 9 to 10 Leicester . . 10 to 13 to 147 Hogget Merino— Super .... 14 to 17! to 14? Medium . . . 11 to 13i 10 to 13 Halfbred— Super .... to 17 to 13 Medium . . . 13 to 15 101 to 12 Inferior . . . 12 to 13 8 to 101 Fine Crossbred — Super .... 15 to 167 to 121 Medium . . . 13 to 14i 107 to 117 Inferior . . . 12 to 122 9 to 10'. Crossbred— Super .... 13 to 147 to 11 Medium . . . 11 to 127 91 to 101 Necks — Merino . . . 12 to 137 10 toll! Half bred . - 11 to 151 10 toll? Fine Crossbred 10 to 137 9 to 101 Pieces— Merino . . . 9 to 112 9 to 101 Halfbred . . . ! i to 14 8'. to 10? Fine Crossbred 9 t.o 121 8 to 10 Crossbred . . 8 to 117 8 to 9‘i Bellies — Merino . . . 9 t.0 10L 7 to 8.7 Hal Cored . . . 8 tO 11 ’ 71 to 9 Fine crossbred 1 tO 101 71 to 87 Crossbi cd . . 7 to 82 7 to 87 Crutch ings— Merino . . . I to 8 5 tO 7-7 Half bred . . . 7 to 9 7 4-7 to 9 Crossbred . . 7 lo 94 5 to 81 Locks— Merino . . . 4 to 67 4 to 51 Halfbred . . . 4 to 6 7 3 to 53 Crossbred . . 5 to 57 3 to 41