Domestic Wool Slow,
Aussie Wools Higher

GREELEY, Colo. —(USDA)— Domestic wool trading remained nearly at a standstill again last week. Demand was light for short supplies.

Texas sold 40,000 pounds of lamb wool, 1.5-1.75 inch 20-21 micron $.30 delivered, crossbred lamb $.25. In the Midwestern area 28,000 pounds of original bag, bellies out and untied, skirted, staple, 26 micron wool was $.55 grease f.o.b.

The eastern market indicator in Australia was up nine to close at 922A cents per kilo clean. A total of 56,487 bales were offered with clearance at 91 percent. The grease 21 micron wool contracts for October were up five 1011A, December up five at 1002, February up six at 993, April up three at 980, June up eight at 972 and August down one at 958. The 19 micron cash clean wool contracts for October were down one at 1047A, December up 12 at 1060, February up one at 1083, April down five at 1085. The 23 micron cash clean contracts for October were up 10 at 978A, December down eight at 977, February unchanged at 972 and April unchanged at 960. The Australian dollar is .5484 of the U.S. dollar, compared to .5268 and a 767A indicator last year.

New Zealand sales were mixed, strong wool up two at 434NZ, medium down 17 at 812, finewool up 15 at 1348 and lamb down 18 at 449. A total of 12,730 bales were offered with clearance at 71 percent. The New Zealand currency rate is .4692 of the U.S dollar, compared to $.4416 last year.