Wool Barely Firm At Invercargill

Press, Volume CV, Issue 31007, 12 March 1966, Page 18

Wool Barely Firm At Invercargill

(New Zealand Press Association)

INVERCARGILL, March 11

The market for fine crossbred fleece wool was generally unchanged today, the second day of the two-day Invercargill wool sale.

However, the official report quotes medium and coarse crossbred types as being in buyers’ favour compared with the first day of the sale. Lambs’ wool was about firm for better styles and erratic and slightly easier for poorer sorts. Crossbred pieces were barely firm, with oddments generally unchanged. Competition was general, Continental buyers dominating, with support from Bradford and the United States. Japanese interest was mainly in Down and Down cross types. A comparison between the official ranges of prices for each of the two days reveals a drop of about a half-penny today for most types of wooi. Top price was 61d for three bales of Southdown fleece.

Range Of Prices The official range of prices is:— Southdown, 58/60’s— d d Good 52 to 53 Average to good 45 to 48 Average .. 36 to 40 Extra Fine Crossbred, 50/56’s— Good to super .. to 56 Good 52 to 54 Average to good 48J to 51 Average .. 46 to 48 Fine Crossbred, 50’s, 50/52 ’s— Good to super .. to 53 Good 49 to 51 Average to good 46} to 48J Average .. 43} to 45 Medium Crossbred, 48/50’s— Good to super .. 47} to 49J Good 45} to 47 Average to good 43 to 47 Average . 40 to 42i Crossbred, 46/50’s— Good to super .. 46 to 48 Good 43} to 45J Average to good 41} to 43 Average .. 39} to 41 Strong Crossbred, 46/48's— Good to super .. 45} to 47 Good 43 to 45 Average to good 41 to 424 Average . 33 to 404 Lambs Medium Crossbred, 48/50’s— Good 45} to 474

Necks Fine Crossbred 50/ 56’s— Good to 52 Average .. Crossbred, 50‘s, and 46 to 49 48/50’s— Good 45i to 46 Average .. 42J to 443 Inferior .. 38 to 42 Pieces Fine Crossbred, 50 s and 50/56’s — Average Crossbred, 46/50’s— 35i to 383 Good 383 to 40$ Average 34J to 37$ Inferior and seedy 30 to 33 Bellies Fine Crossbred, 50s’— Average Crossbred, 46/50’»— 33 to 36 Good to average 34 to 36 Average 32 to 333 Inferior 28 to 31 Crutchings Crossbred, 44/48'S' — Average 32 to 353 Inferior and seedy 27 to 31 Locks, Second Pieces Crossbred, 46/50’s— Good to average 19 to 26