FINAL WOOL SALE
Mixed Offering For Today STAPLE STILL IN KEEN DEMAND
A typical end of the season offering containing a wide range Of quality will come before buyers when the fourth and final Christchurch wool sale of the 1956-57 season is held in the Repertorv Theatre today. With 30,238 bales in 2672 lots, the sale is the second largest single-clay auction of the season. The disposal of this offering will bring to, a close a season in which more than 150,000 bales have been quitted at Christchurch sales. The outlook for today’s sale is bright. Only a few days ago the New Zealand Wool Board reported that there was every indication that all wool still remaining to be sold in New Zealand would be in keen demand to keep pace with the current sustained and healthy consumption. Condition of Wool
Wools from Blenheim to Ashburton, the West Coast, and the Chatham Islands are in the catalogues for today’s sale. Throughout the offering there is evidence of yellow yolk, a mark of the comparatively wet season. Fewer choice lines of halfbreds and Cor-
riedales, which have been selling at particularly high prices, are included in the selection, but there is a sprinkling of high quality wool available, some of which comes from growers who normally sell at earlier sales but whose shearing has been delayed this season.
A sizeable consignment of wool is on offer from the back country. This is of average quality, with some discoloration in evidence. More second-shear wool is on offer, indicating that in some localities, particularly on the West Coast, the practice of shearing twice in a year is growing in favour. In regions where rainfall is high it is being found that wool obtained in the two clips is of better quality apart from other advantages of the procedure. Good Selection From Chathams There is also a good representation of lambs’ wool, though this season about 1000 bales were auctioned at the third sale in February. On this account the offering is probably not so large as usual, but overall for the season the lambs’ wool offering would be greater than last season. Some of this wool is of very choice quality, but some is of light seed to seedy description. A man in the wool trade said this week that the selection of Chatham Islands Romney wool was of as good quality as he had seen at Christchurch for years. The recent buoyant tone of the wool market has encouraged many growers to send forward every ounce of wool they have to take advantage of the high prices, and this has helped to build up the selection of oddments and shed cleanings. Details of the catalogues for the sale, in order of sale, are as follows: Bales H. Matson and Co. ...... 2741 National Mortgage and Agency 4595 N.Z. Loan and Mercantile 2560 Pyne, Gould, Guinness Ltd. 8034 N.Z. Farmers’ Co-op. Assn. 4213 Dalgety and Co., Ltd 8095 Totals 30,238 The sale will begin at 8 a.m.
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Press, Volume XCV, Issue 28262, 27 April 1957, Page 9
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503FINAL WOOL SALE Press, Volume XCV, Issue 28262, 27 April 1957, Page 9
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