Domestic Wool Slow,
Aussie Wools Higher

GREELEY, Colo. —(USDA)— Domestic wool trading remains at a standstill in most areas. Fall shearing was completed in Idaho and continuing in the Midwest and eastern U.S. areas.

California's Imperial Valley lamb wool, 460,000 pounds of 1.5-2.5 inch, fine whiteface 18.5-20 micron, brought 20 cents f.o.b. valley shearing sites, 20-22 micron 15 cents and crossbred and blackface 22-29 micron 10 cents; Oregon, 80,000 pounds, 3-4 inch valley wools 26-30 micron 15-17 cents.

Australia's market indicator was up 15 at 730A cents per kilo clean. The 21 micron grease wool contract for December was up six cents at 659A, February up six at 671, April up nine at 649 and June up eight at 656. The 19 micron clean wool contract for December was up 13 at 1238A, February up four at 1195, April up 7 at 1170 and June up 30 at 1150. The 23 micron clean contract for December was up 10 at 518, February up 10 at 528, April up 10 at 518 and June up 10 at 519. The value of the Australian dollar to the U.S. dollar was at .5190. A total of 76,787 bales were offered with clearance at 93 percent.

In New Zealand, at Napier, finewool was down four at 373NZ cents and strong wool down seven at 405. A total of 6683 bales sold. The New Zealand dollar was at .4010 compared to U.S. currency.