Wool Values Maintained At Napier

Wanganui Chronicle, 22 November 1950, Page 6

Wool Values Maintained At Napier

iNArifcK, bast Night (PA).—The top price of 132 d at the opening day of the first, wool sale of the season in Napier was obtained for a parcel of superfine well-styled hogget wool. There was little change in the market this afternoon when the remaining portion of the first half of the catalogue was sold. A small offering of come-back wool from the Chester Hope property, near Napier, made 128 id, while another keenly sought line realised 126 d. New Zealand mills purchased both these latter offerings. Prices paid for crossbred wool compared favourably with earlier sales and good fleece lines of ewe in this category made from 1121 d to 117 id, hoggets selling freely at between 113 d and 117 d, while top lines commanded up to 126 id. This afternoon Continental operators met with more opposition than during the morning, and when some of the choice coastal clips came on the market during the latter part of the day there was a hardening tendency for ewe and adult sheep fleeces. Hogget wool held firmly to opening rates throughout. The second portion of the catalogue is to be disposed of on Thursday. The brokers’ official report jtated: “The opening Napier sale of the new season commenced today, when the first three catalogues, comprising 19,366 bales of growers’ greasy wool and 1708 bales of stock pile, were offered to a full bench of buyers. The wools opened up in excellent order and many lots were outstanding as to quality and style. As the sale progressed it was evident these lots were being bought apparently without limit as to price. On the whole, however, the competition could best be described as restricted, with Continental interests dominating the market. The U.S.A, and Canada were active on suitable lots.’’ The official range of prices were:— 1

Southdown, 58/60’s— Good Average 113 100 to 119 to 110 Fine Crossbreds, 52’s— Good to super 111 to 1121 Good 106 to 10S4 Fine Crossbred, 50’s— Good to super 106 to 1101 Good 104 to 106 Medium Crossbred, 48/50’s & 48 s— Super 112 to 113 Good to super 106 to 108 Good 102 to 105 Average ... 99 to 101 Crossbred, 38/46’s— Super 112 to 115 Good to super ..... .... 109 to 112 Good 102 to 108 Average 98 to 102 Coarse Crossbred, 44/46 & 46’s— Super 1191 to 1211 Good top super 112 to 117 Good 105 to 108 Average 102 to 104 Lincoln— Average 111 to 116 Extra Fine Crossbred Hogget (shorn), 56/46’s — Super 117 to 120 Good top super 112 to 117 Good . 105 to 111 Fine Crossbred Hogget (shorn) 52’s— Super to 117 Good to super 112 to 116 Good . 108 to 110 Average : 104 to 107 Fine Crossbred Hogget shorn) 50’s — Good to super . 108 to 112 Good 105 to 107 Average 103 to 105 Extra Fine Crossbred Hogget (woolly), 54/56’s— Super to 126 Good to super . Ill to 116 Fine Crossbred Hogget (woolly) 52‘s— Good to super 1193 to 1241 Good . 110 to 116 bine Crossbred Hogget (woolly) SU’s— Super 125 to 1261 Good to super to 120 NECKS Fine Crossbred, 56 & 50/56’s — Good 109 to 112 Average . 105 to 1081 Crossbred, 50 & 48/50’sGood 104 to 1061 Average . 96 to 1022 PIECES Fine Crossbred, 50/56 & 50’s— Good to super . 96 to 100 Average 92 to 94 Crossbred, 46/50’s— Good to super . 89 to 901 Average . 84 to 88 BELLIES Fine Crossbred, 50 — Good to super . 83 to 851 Average ... . 80 to 821 Crossbred, 46/50’s— Good to super . 78 to 801 Average . 74 to 77 S CRUTCHINGS Hogget, 46/50’s — Average to 761 Crossbred, 44/48’s— Good to super 90 to 94 Average . 80 to 87 Inferior end seedy to 74 Coarse, 40/46’s— Good to super to 943 LOCKS Crossbred— Good . 58 to 621 Average - 55 to 57