WOOL PRICES UNSTEADY AT INVERCARGILL SALE

Press, Volume C, Issue 29498, 27 April 1961, Page 23

WOOL PRICES UNSTEADY AT INVERCARGILL SALE

(New Zealand Prert Association)

INVERCARGILL April 26. Based on rates ruling at the last Christchurch sale, prices for medium to strong .crossbred wools were barely maintained on the first day of the final Invercargill sale of the , season today. Fine crossbreds were in seller's favour. lambs' wool was erratic, but along with oddments was firm on late rates. The official report said that occasionally lots of wool snowing excessive brands' failed to draw a bid. Continental buyers domina*ed the market for most types, with support coming from Bradford for the longer wools and the down and ' downcross wools going to Japan, said the report. A total of 25,000 bales was offered on the first day and another 22,500 bales will be” offered on Friday. The selection consisted of a bulk offering of good colour fleece of mixed length and i showing some tenderness, a fairly large offering of good to average lambs' wool, the i usual selection of oddments showing slight discolouration and small offering of woollv hoggets. PRICE RANGE 1 The official range of prices is:—

Southdou-n. 58/60 s-*-d. d. Super ♦ 53 Good 48 to 50 Average 42 to 45 Inferior £xtra Fine Crossbred. 32 s. 50/ 56's— 34 to 33 | Good to super .. 52 to 54 Good 5o to 51 i Average to good 4/ to 49 a Average Fine Crossbred. 50’s and 30-56's— 43 to 46 Good to super .. 51J to 53 1 Good 43 to 51 Average to good +w to 48i Average Medium Crossbred. +8,'50 s— 42 to 46 1 Good to super 49 to 50J ! G->od 47 to 48 AJ Average to good 44} to 46J Average Crossbred. 46/50$— 40 to 44 i Good to super .. 43 to 4f>4 Good 45J to 47 Average to good 44 to Average Strong Crossbred, 46,48 s— 3& to 435 Good to super .. 47 to 48’: Good 44; to «hI Average to good 42 to Average .33 to 41 1

Hogget d. d Crossbred Early Shorn. 92’s (long)— Good to super .. 45 to 47 Good to 44i Average to good 40 to 42 Average Crossbred Second 36 to 39 Shear (short)— Good to super .. 42J to 46 Good 42 to 44 Average to good 38 to 40 Medium Crossbred. 48/56‘s— Super 50 to 53 Good 45 to 49 Average 41 to 44J Inferior 32 to 39 Neeks Fine Crossbred. 30/ 56 s Good 46 to 48 Average 43 to 45 Inferior Crossbreds. 50 s 38 to 40 and 48/50‘s— Good 45 to 47 Average 42 to 44J Inferior 39 to 41 Pieces Fine Crossbred. 50’s and 50/56 s— Good 41 to 43 Average 38 to 40 Inf. and seedy Crossbred. 46/50’s— 34 to 37 Good »i to 41J Average 23to 39 Inf and seedy Crossbred. 46/50’s— 32 to 35 Good 35 | to 36 Average 33 to Inferior 28 to 32 Crutchings Crossbred. 44/43‘s— Good 37 to 42 Average ;?3 to 36i Inf. and seedy 24 to 32 Locks Crossbred. 46/50’s— Average to good 20 to 24J