PLAIN WOOLS MEET WITH SUSTAINED ENQUIRY AT NAPIER

Wanganui Chronicle, 27 January 1948, Page 6

PLAIN WOOLS MEET WITH SUSTAINED ENQUIRY AT NAPIER

(P.A.) Napier, Jan. 26. A sustained inquiry in a day of solid selling brought plain wools to the forefront at the* first day of the January wool sale which concluded on a strong note. Almost all of the 19,000 bales on offer changed hands. The attention of buyers to a large extent appeared to be focussed on acquiring cheaper wool but the effect was to create competition for inferior to coarse types. In consequence these became at times the dearest parcels to buy and rates showed an appreciable . advance on December quotations. Super crossbreds also came in for some keen bidding, lines in 50/56 range being in demand. The Continent and Bradford shared control of the market. The official report stated that the market remained firm throughout. Competition was well spread and there was practicaly a complete clearance of all the catalogue. The following is the official range of prices:—

d. d. Ex-fine crossbred, 50/58’s Super to 39 Good ..... 20 to 33 Average ...... 27 to 281 Fine crossbred ,50’s Super — to 32 Good , — 28 to 30 Average 25 to 27 Inferior 22 to 24 Medium Crossbred, 46/50’s Super 28 to 29 Good 26a to 271 Average 24 to 25 Inferior .21 to 22b Strong Crossbred, 46/48 Good 25 i to 261 Average 24 to 25 Inferior . 21 to 225 Fine Crossbred Hogget, 40/54’s Super 29 to 32 Good 27 to 281 Average 25 J to 261 Fine Crossbred Hogget, 50/54’s Super to 39 Shorn, good 32 to 35 Average 28a to 30 Medium Crossbred Hogget, 46/50’s Super 28 to 31 Good .........~ to 275 Average 24 J to LAMBS. Fine Crossbred, 50/s 371 Super — 36 to Good 31 to 34 Average 26 to 29 Inferior and seedy ... 20 to 24 Medium Crossbred, 40/50’s 361 Super 35 to Good 30 to 33 Average 25 to 28 Inferior and seedy 20 to 24 PIECES. Crossbred — Good to super 24 to 27 Average 21 to 23 Inferior and seedy — 15 to 165 BELLIES. Crossbred — 20 Good to super 19 to Average 13 to 18 i Inferior and seedy 16 to 17