Wool Prices Firm At First LET ... Wellington Sale LEVIN

Chronicle (Levin), 8 December 1949, Page 7

Wool Prices Firm At First LET ... Wellington Sale LEVIN

-WELLINGTON, Dec. 7. TJie oficial Teport issued by the Wellington. Woolbrokers' Association in conjunction with the New Zealand Woolbuyers' Assooiation and New Zea-. land Wool Disposal Commission, states that the first Wellington wool sale of ihe l 949 50 season was held today. The catalogues totalled 31,420 bales of new season 's wool. There v\as no offering 11*01x1 the stock pile. The bulk consisted. of good top inaking and spinners' wools with 10 per cent of paper felts wools suitable for the Continent also inolud ed.\ Uddments, many .of them from hogget wool, weri, on the fine side, the majority being suitable .for scouring. Growers, taking advantage of the favourable .weather, had in many instances .-.liorn earlier than usual. This resulted in a fair proportion of the wools being not fully grown. Competition was steady and welJ spread. Principal buying power restn. with the Continent, France in particular lifting a greater weight than pre viously. Bradford was generally on Ihe edge of the niarliet and picked up a small proportion. The U.S.A. was also active. Compared with recent rates, extra fine and fine crossbreds advanced a shade. Medium ' crossbreds, although slightly erratic, may be quoted firm. It was noticeable that in these medium wools there was little or no premium for good style lots. Coarse crossbreds, under strong American competition, advanced 10 per cent. Skirtings wero fully firm. Ottieial range of prices;— Southdown; , Extra \stfper 54d to 55d, good to super 47s to 51 d, good 45d to 53d, average 42d to 44d. Fine Down cross: Good to super 47Id to 50d, good 46d to 47d, average 42d to 45d. Extra fine crossbred: Extra super to 49^-d, good to super 43d to 45d, good 404d to 42d, average 37d to 39d, inferior 29d to 31d. Fine crossbred: Extra super to 4Id, good to super 36d to 38id, good 34d to 35-Vd, average 31d to 33^d. Medium crossbred: Extra super to 36dL,.g.po.d,to super 33d to 34d, good 30d to 33idj average 26d to 291 d. Strong crossbred: Good to supei 44d to 45d, good 42d to 43d, average 37d to 39d. Fine crossbred hogget: Extra. super to 43d. good to super 38d to 4Q4d, good 35d to 37-Jd, average 3 1 d to 34d. Fine crossbred hogget tshorn): Extra super to 40d, good to super 42d to 4od, good 35d to 40d, average ?0£d to 34d. Medium crossbred hogget: Good to super to 37d, good 34^d to o5fd, average 33d to 34d. Medium crossbred hogget (shorn): Good to super 34d to "-1, good 33d to 33Jd, average 32d to 33d. Fine crossbred necks: Good to super 40d to 43^d, average 38d to 39£d. Crossbred necks: Good to supei 34d to 36d, average 36Jd to ~84d. Fine crossbred pieces: Good to super 32d to 34|d, average 27d to 29d, inferior and ^-seedy to 26 d. Crossbred necks: Good to ..super "27id -to 29d, -average 26id to 27id, inferior and seedy 20-ld to 22^d. Bellies (crossbred): Good to super mper. 2Sd to 27id, average 24d to 2(id, iiferior and seedy 23d to 22u. . Crutchings (crossbred): Good tc super 32d to 35 |d, average 25d to 30d, inferior and seedy 23d to 25d. Locks: Cfossbred l(?3d to 19d.