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WOOL AT TIMARU

FINAL SALE OF SEASON PRICES FIRM ON CHRISTCHURCH GROWERS MEET MARKET [ Per Preat, Association.) TIMARU, March 7. Taking everything into consideration the second and final wool sale of the season in South Canterbury, which was held at Timaru to-day, was quite a satisfactory one. Jar as prices were concerned there was no quotable change on the Christchurch sale of last week and the desire of growers to meet the market was evidenced by the fact that passings were negligible, representing Jess than one per cent. Competition was keen throughout from a bench of buyers which was fully representative of the wout-con-suming countries. The total catalogue. which was a shade ever 30,000 ball.. was a record offering for this cenlif The Continental shcikoa dominated the market, Germany buying very freely. Dominion mills competed strongly for better Merino clips. Tne very slight fluctuation of prices at recent sales throughout the Dorn, lion did not give growers any hopes of a record sale, so far as prices were concerned and the majority weie no doubt satisfied to find the sab' firm on Christchurch. For the majority, the returns probably were not payable, but from the very few' passings registered it was perfectly clear that 99 per cent, of the growers were desirous of accepting whatever price the clip would i realise rather than hold back and find the market falling considerably. One of the features of the auction , was the fact that passings were far less numerous with the relatively lower prices prevailing than they were al the period when wool was bringing 14d and 15d. Top price for Merino, tfiad, was paid for 13 bales from the estate of W. Mathias. MacKenzie Country. Halfbred top price was 143 d for a binned lot, as was also 123 d for threequarterbred. Corriedale top price was, 13-id secured by Gorman Bros., Hakataramea. Range of Prices The official range of prices is: d d Merino—

Extra super Super Average Inferior 14 12 10A 8 A to 16. to 13: to 11’ to 101 Fine Halfbred, 56/58— Extra super to 14: Super 12 to 13: Average in to US Inferior 7'4 to 9: Medium Halfbre.d, 50/56 — Super 1 1 A to 12) Average 10 to 111 Fine Crossbred. 48/50 — Super 11 to 12) Average 10 to inInferior . . 82 to 92 Medium Crossbred, 46/48— Super 10), to 11" Average 9A to in; Inferior 8 to 91 Crossbred. 44/46 — Super 10 to .10', Average 9 to 9 : Inferior to 82 Leicester— Super to 12 Average 9 to 10 Hogget— Merino 10 to 15; Halfbred 10 to 12; . Fine crossbred 10 to 1U Crossbred in Io n Bellies— Merino «7 Io 91 Halfbred - to 82 Crossbred 7 to 8 A Crutch in gs— Merino R l o 8 Ha If bred 5 to 7A Crossbred 4 to 8A Merino in 1 , Io 112 Halfbred 9 to 11) Fine crossbred 9 Io 11 Pieces— Merino 8 to in : Halfbred ■7 to in j Fine crossbred 8 to 9j Crossbred 7 to 8 : Locks— Merino io 6 i Halfbred 4 to 5 Crossbred 4 to 4:

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19390308.2.82

Bibliographic details

Wanganui Chronicle, Volume 83, Issue 56, 8 March 1939, Page 8

Word Count
518

WOOL AT TIMARU Wanganui Chronicle, Volume 83, Issue 56, 8 March 1939, Page 8

WOOL AT TIMARU Wanganui Chronicle, Volume 83, Issue 56, 8 March 1939, Page 8

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