FIRST WOOL SALE

Waipukurau Press, Volume XXX, Issue 276, 27 November 1935, Page 3

FIRST WOOL SALE

Auckland Values

A GOOD CLEARANCE

REALISATION OVER £225,000

(Per Press Association.) AUCKLAND, Last Night.

The Dominion series of wool sales opened auspiciously at Auckland, when a representative bench of buyers competed keenly for all classes, and values ruled from 20 to 40 per cent., and at times 50 per cent, above those at the commencement of hist season, and were fully up to London parity.

Throughout the sale of 10,707 bales, passed lots were the exception, and the clearance was estimated at about 90 per cent. The sale was closely followed throughout by a packed gallery, and producers generally expressed themselves as fully satisfied with the results, values often being as much as 2d per lb above their limits.

The average price per pound realised during the sale could be conservatively estimated at Bd, as compared with 5.6 d at the corresponding sale last year, and with 5.64 at the March Auckland fixture. Allowing for passings and a price of about £l2 a bale, the total realisation for the sale would be well in excess of £225,000, as against £88,250 at the first sale last year, when only 11,300 bales were sold.

Official Report.

The official report on the sale of the Auckland Woolbrokers' Association states: Trices were in advance, of those ruling last season, medium top-making wools being Ud to 2d up and good style super wools 2d to 2 2 d better Pieces also sold well. Taking the sale throughout, appreciation was more marked on medium and coarse rather than on fine grades. The wool generally was in better condition than has been the case for many years past. The best price realised was 17 id for five bales of super half-bred. The range of prices was as o -

lows: — Nov.1935 Mar. 1935 d. d. d. d. Southdown A. . 131 to 14J Halfbred, 56/58Super •••• 143 to 153 —to — Average 121 to 131 91 to 103 Inferior . . - 91 to 11 65 to 9 Halfbred, 50/56 Super 125 to 14 — to — Average 93 to 101 71 to 85 Inferior . . - 81 to 91 6 to 75 Extra fine crossbred, 48/50 Super 105 to 115 —to — Average 83 to 93 61 to 71 Inferior 71 to 81 5 to 6 Fine crossbred, 46/48— Super 9 to 10 —to — Average 73 to 83 6 to 75 Inferior . . . 61 to 71 6 to 53 Medium crossbred 44/4 6 — Super 8 to 81 —to — Average . . . 75 to 7,1 53 to 61 Inferior . . . 6 to 63 41 to 51 Coarse crossbred, 40/44 — Super 71 to 81 — to — Average . . ■ 7 to 71 43 to 51 i Inferior . . . 53 to 63 4 to 41 Strong crossbred, 36/40 — Super 73 to 81 — to — Average . . - 7 to 71 41 to 55 Inferior 53 to 63 4 to 45 Hoggets— 56/58 . . • • 143 to 151 — to — 50/56 . . • • 1.21 to 131 71 to 10 48/50 .... 10 to 12 6 to 83 46/48 .... 81 to 91 51 to 71 44/46 .... 73 to 85 5 to 7 Lambs — Down, 50/56 8 to 91 7 to 71 Fine, 46/50 75 to 81 7 to 83 Med. 44/46 53 to 7 51 to 63 Seedy and Inferior 41 to 6 31 to 6 Bellies and pieces, crossbred — Good to sup 61 to 71 41 to 51 Low to med. 41 to 6 35 to 4J Halfbred — Bellies and pieces 81 to 93 6 to 63 Crutchings— , Med. to good 65 to 71 4 to 51 t Inf. to seedy 41 to 53 21 to 4 s Locks — 1 Crossbred . 31 to 43 2 to 3