Hawke's Bay Wool Cheque Over £1,000,000

Chronicle (Levin), 30 January 1948, Page 2

Hawke's Bay Wool Cheque Over £1,000,000

NAPIER, Jnn.. 29. The second day of the Nap)ier wool sale concluded on a note just as strong. as on Monday when the first portion of the o'lfering of 38,000 bales was sub: mitted. The market suffered no setbackfrom the period of inactivity. The, whole of today, in f act, Saw bidding •by a limited number of operators maiutained- on a steady level of advapced prices. The whole oflieriug was cleaxed and th'e joint organisation was relieyed of the responsibility occasioned by passings. _ . The record price of 57d' per lb. for Corriedale wool, received early in the morning, was not improved upon but numerous lines of super fine crossbred made in excess of 40d per lb. The payout on the prompt date, February 17, is expected to be beyond the £l,0u0,000 mark. Certainiy it will be a record for wool auctioning at Napier. "'Tlie following is the oificial range of prices": — Extra fine crossbred, 50/56's: Super to 39d, good 28d to 33d, avefage 27d to 28d. Fine crossbred, 50 's: Super 30d to 32d, good 28d to30d, average 26d to 28d, inferior 23d to 26d. Medium crossbred, 56/50 's: Super 2Sd to 29d, good 26d to 27d, average 24d to 26d, inferior 21d to 23d. Strong crossi>red, 46/48 's: Supef to 28d, good 25d to*26d, average 24d to 25d, inferior 21 d to 23d. Fine crossbred hogget (uushorn), 50/54 's: Super'to 29d, good 27d to 28d, average 25d to 26d. Fine crossbred hogget .(^'hotu), 50/54 's: Super to 39d, good 30d to 34d, average 27d to 30d. Medium crossbred hogget, 46/50 ^s: Good 26Jd to 27^d, average 24Jd to 26d. Lambs. Fine crossbred, 50 's: Super^to 38d, good to 34d, average 26d to 30d, in> ferior 19d to 24d. Crossbred, 48/50 's: Good to super 30d to 33d, average 25d to 29d, inferior 19d to 24d. Pieces (erossbrgd) : Good 22d to 25d, average 20d to 22d, inferior and seedy 15d lo 131. " Bellies (' rossbrr d) : Good 19d to 20.1, average 18d to 19d, inferior and seedy 16d to : 7d.