Market Eases At Wanganui Wool Sale

Chronicle (Levin), 5 December 1949, Page 2

Market Eases At Wanganui Wool Sale

" " WANGANUI, Dec. 4. Tke first Wanganui: wool sale of tlie. current season took place on Saturday when a total offering of 31,546 bales of greasy woot was' offered, says the officxal report of the Wanganui Wool Brokers' Associatipn... A large attendance of buyers was present representing all sections of the wool trade. The market Opened up fully firm on Napier, but as the sale progressed, reports from London received early in the sale indicated an easing in the market and this was reflected here. Competition waa keen from Bradford and the Continent with America taking suitable lots. The Offei'ing comprised mainly average. to good top making crossbredfe drawn ■ from Wanganui, Taranaki, Bangitikei and the King Oountry districts, with some outstanding clips interspersed throughout the various catalogues. As is usual in ,tlie North Island, the b.ulk of the offering consisted of fine and mediuin crosibreds with hogget wool in good supply. Owing to it Ueing so early in the season, only a very small quantity of larnbs' wool was ofi'ered at this fixture. The demand for stronger types of waoi was maintained and in some eases coarser grades were realising more than fined lots from tlie same clip. The fine wool rema&ed firm throughout the sale but it was noticeable that there was an easing In prices for mediuin crossbred fleece-wool, bellies and pieees, as the sale progressed. .bradford buyers clominated the market with Continental firnis taking smaller quantities. Owing to tlie favourable winter conditions, the wool was well grown but the general get up was not as good as usual for Wanganui first saies. Farmers are urged to pay more atteution to the general get up of clips. Southdown: «Good to super 55d to 57d, good 49d to 54d, average 45d. Down-cross: Good 49^d to 53d, average 4Ud to 47|-d. Fine crossbred: Good 34d to 37d, average 33d to 35d. Mediuin crossbred: Good 32d to 34d, average 2S='.d to 31fd, inf'erior 25=}d to 28d. Coarse crossbred: Good 34d to 39d, average 30d to 33d.. Fine crossbred hoggets (shorn) : Good 38d to 44d, average 33d to 37d. Medium crossbred hogget (shorn): Good 3ld +i 37d, average 30d to 33^d. Crossbred . necks: Good 33id to 39d, average 30id t'Q 354. j • CrossbTed pleces :. 5 ' Good 25d to 29d, Crossbred bellies: Average 23d to 25d, inferior and seedy 21d to 224d. Crossbred crutchings: Average to good 28d to 32d, inferior to average I9fd to 26d. Locks: Average 13d to 18^d.