THE WOOL SALE.

Sun (Christchurch), Volume I, Issue 240, 13 November 1914, Page 3

THE WOOL SALE.

; A STRONG DEMAND; The following gives the . range of Iratiies. as comparable with the. scale of prices. atffh#ffirst sale of the past season;- ■ '.'.• . •■■;■••; Jan., 1914. N0v.,1914. MERINO— d. d. Super ~ ... 12 to 13 None off. "'' Medium to good.. 101 to Hi 9to 10J "Inferior. .. .. 9 to 10 8 to 83 HALFBRED— Super .... HJtol4 '' 12i to 142 i Medium to good.. 10 to Hi 11 to 12' -Inferior .'. .. 72 to 93 9 to 10J THREE-QUARTERBRED — Super .. .. 103 to 12 115 to 12 J •Medium to good.. 9to 10J 10 toll! Inferior.. .. 7jJ to 82 93 CROSSBRED— • <' ■ ' - Super .. . . 93 to Hi 12 to 13 Medium to good.. 8 to 9J 10. to Hi • inferior .... 62 to 73 7J to 82 Longwool .... 7 to 103 8 to .10 J CORRIEDALE— Super .7 .;i21t013t 1 13 fc>l4J . Medium to good. . ' 10J to 12 ' { 11J fo* 123 Inferior . . . . 9J to 10J 10 to 11 DOWN—, - Super . . . . None off. None off. ' Medium-to good. . 83 to 112 9 to Hi , Inferior . . .. None off. None off. PIECES—- . Merino .. .. 5J to 10 5 to 1\ Crossbred .... 41 to 81 5J to 9| Three-quarterbred 6J to 8 7J to 9 Halfbred .. .. 61 to Hi 7J to 111 Locks .... .. 4J'to 6 43 to 5h Bellies .... .. 6J to 9 5 to 10 Oratchings . . .. 6to 7 J 5J to 72 N.Z. FARMERS' CO-OP. ASSOCIATION.

FIRST WOOL SALE. The first sale of the 1914-15 series was held at the Alexandra Hall yesterday, and attracted very great interest. Cabled reports of the London wool sales just concluded pointed to exceptionally good prices, and advices from Home state that the .prospects are encouraging in the near future, so tliat with the limited number of buyers (Bradford and Dominion) operating it i£" pleasing to note such prices ruling.

condition of the wool offered varied veryj considerably. Whilst several clips cataiegujsd were bright and light in condition, others were very earthy, and showed plainly the effects 'of "the . severe winds and bare pastures, and for these latter classes values appear low .in .comparison with the more attractive clips. Still, it must be remembered that Weight has to be taken into consideration, and the result of the sale should be highly satisfactory to those who had the good, fortune to have their wool offered. In recent years we have looked to Continental buyers to take a very; large proportion of the wool,' but notwithstanding their absence all classes participated in an all-round increase in value.

Bradford representatives took all the bright, lots of all qualities, the Dominion mills, from whom competition was expected'for halfbreds, securing next to nothing. Local fellmongers were the chief operators for pieces, and although extreme prices did not rule, as has been the case in recent years, prices were well maintained in proportion to fleece wool. There was a very satisfactory clearance of the catalogue, the few passings being mainly composed of the earthy and unattractive lots.

Included in our catalogue was the FC over *** brand, which was the only clip to realise 14|d for a lot of 28 bales of first halfbred ewe, 19 bales of second halfbred ewe of the same clip fetching 14Jd. HALFBRED AND CORRIEDALE. FO over ***, F. 11. Courage, Amberley—--82 bales first halfbred ewe . . .. 142 19 bales second halfbred ewe .. 14J 8 bales hogget and ewe .. .. 14 3 bales hogget ~ . . . 13 J 2 bales halfbred ram . . .. 134 Harewood over SY, George Shipley, Harewood— . '■■ ■ : • 9 bales halfbred ewe .... .. 14 15 bales halfbred ewe 133 Dalmaney, Jas. Little, Woodgrove-r—----5 bales Corriedale ram . . . . 14 JH, R\ Heyward, Clarkville — 13 bales halfbred 133 4L, Robert Sloss, Cheviot—--5 bales halfbred .' 133 3 reversed in circle, John Osborne, Willowby—--4 bales halfbred hogget .... 13 £ Berridale, Dixon Bros., Amberley—--3 bales halfbred ewe 13J G bales halfbred ewe .. .. .. 1;? i B reversed with L conjoined, Mrs R. ■;' Blunden, Bennetts—--8 bales Corriedale . . . . ; . 134 Barfoijd, R. J. Mulligan, Lismoro—■ 5. bales hoggei 134 CW, 'Mrs Costello, The Peaks—--11 bales halfbred 134 OS, J. O. Redfern, Darfield—--5 bales halfbred wether .. .. 13 H 7, G. Hibbard—--5 bales hogget 13 Semi-circle over RO, W. H. Rountree, Waiau—--3 bales halfbred ewe 12 g Stratfield, G. Harper, Ashbnrton—- " : ; 3 bales comeback hogget . . . . 125 SK over—, Thos.Skevington, Ohoka—5 bales halfbred 12^ GY, Busch Bros., Amberley— B bales halfbred .. .. .. ~ 122

Semi-circle over V, J. Cunningham, Brookside—--5 bales halfbred ewe .... .. 12J WA, Win. Anderson, Fairfield — 5 bales hogget .... '■',. .." 3,21 Heart in square, D. McMillan, Waddington— -8 bales halfbred ew© .. '...-..- 12 Riversdale, J. S. Jackson, Parnassus—.3 bales hogget .. .. .. ..'. 12 WR, Williams Bros., Waterton—--3 bales halfbred ewe 12 CT, Thos. Cooper,' Balcaim—--3 bales halfbred .... .... 12 GROUPED LOTS.—CORRIEDALE AND HALFBRED. 6 bales halfbred (various brands) 13J 3 bales halfbred (various brands) 13 6 bales halfbred (various brands) 121 12 bales halfbred (various brands) 12J DOWN. over —o—, A Chamberlain, Elles- . mere—--9 bales Shropshire .. .. '..-. 12J THREE-QUARTERBRED AND CROSSBRED . Marksbury, Wm. Harding, Willowby—--6 bales F. crossbred ewe .. >. . 13J B reversed L conj., Airs R. Blundeh,,? Beimetts— ->■ 5 bales half and three-quarterbred hogget ", . . . . 18J UR conj., Jno. Smith, Longbeach—--4 bales crossbred ewe . . . . .. 13 DL, W. Pavelka, Loburn—--6 bales three-quarterbred ewe . . 123 Borridale, Dixon Bros., Amborley—--4 bales three-quarterbred ewe . . 12J Ngakuroa, Cooper Bros., Oxi'ord—--4 bales F. crossbred wether . . 12J Barford, 'Thos. Mulligan, Ashburton—--4 bales three-quarterbred hogget 12 Poutokoroa, Alex. MaePhail, Le Bon's • ; Bay— ' 4 bales three-quarterbred ewe . . 12 .4 tales crossbred ewe lljr' THREE-QUARTERBREDS. Barford, J. J. Mulligan, Lismore — 4 bales hogget . . . . .. ~ 112 03, J. 0. Redfern, Darfield— ~ 3 bales three-quarterbred wether.. 11§ CW, Mrs Costello, The Peaks—--4 bales three-quarterbred .. .. 11§ Decanter, 0. P. Kay, Decanter Bay—--4 bales crossbred wether . . . . 113 Dagnuni, Cooper Bros!, Oxford — 3 bales crossbred wether . . .. 11J PIECES. Harewood over SY, Geo. Shipley, Harewood—--9 bales halfbred ewe pieces . . 11J FC over *,**, F. H.Couruge, Amberley—--16 bales halfbred bellies and pieces 11

MATSOW'S WOOL REPOBT. Our catalogue comprised 1350 bales, the whole of Which was disposed of, with the exception of some eight or nine lots. Although good prices were the order of the day, the bidding was dilatory and spasmodic, being principally- confined to. ono or two purchasers, the others, preferring to sit back and watch operations. Some of the old war horses and largest buyers in previous years evidently had the opinion that there iS a probability of wool coming back to popular limits, the uncertainty of the'present position evidently not having sufficient prospects to jnduco them to cut in. The local factories and local.fellmongers showed unusual temerity, and we believe were frightened to bid for a lot at any price in case it was knocked down to them. We expect to see this portion of the buyers gather strength and confidence as the season progresses. Three of the English buying houses were particularly noticeable for their competition on super halfbreds and lustrous crossbreds, and in many instances the question of valuations appeared to bo cast to the wind. During the past few days there has been a rumour current that a few of the London operators had made forward sales at the commencement of the war in August, and owing 1o their-calculations being upset by the delay of the London sales and the heavy orders for military purposes resulting in increased prices there, rumour has it that they had been hard put to comply with their undertakings. At yesterday's sale some of the purchases made of the best lots seemed as though it had to be acquired at any old price. On the other hand, there is only a limited quantity of these lustrous, bright, and classic parcels, and in comparison with many of the consignments from the Plains, that during the winter have been depastured on artificial crops and subject to the battering fierceness of heavy nor'-westers, it is questionable if at per fleece the medium wools may prove considerably dearer in comparison. \n impression seeins to pervade the wool circle at present that those who are able to get immediate delivery of wool and get it away for immediate shipment are fortunate, as it thereby has an appreciative .value. As is usual, our catalogue represents a lot of medium-sized clips, we having sold for quite 200 vendors on this occasion. Our wool, as usual, was show« to the very best advantage, and personal attention .was given to t'very detail, and we are unable to record any sales that we regret.

We shall be glad to receive consignments straight away for the next sale of the series on December 7. Please consign Matron's, Addington. If you want your clip realised to the best advantage, then no other address is needed. Personal and direct attention a specialty. The following are some of our principal sales: — 4

W. F. Clinton, Esq., Darfield—--7 bales first 1? hogget 14fi 8 bales super halfbred ewe . . 14£ 8 bales super halfbred wether . . I 4& 15 bales first halfbred wether . . 14

9 bales first halfbfed ewe .. ~ 13J 6 bales '... ~ . . .. . . ~ 13J Messrs Gebbie Bros., Teddington--14 bales super halfbred ewe . %4 . , : . 14J 3 bales super halfbred hogget .. 13 11 bales halfbred ewe .'. .... 13 W. 0. Davie, Esq., Woodgrove—--8 bales halfbred hogget .. .. 14J 3 bales halfbred wether .. .. 13jj W. Wilkinson, Esq., Chertsey—- , 6 bales super halfbred combing.. 13 5 bales first combing .. .'. .'.' 12 6 bales first comb. ,three-quarterbred 12 Messrs Washbourne Bros., Selwyn— ) 4 bales halfbred. .. ~ ...' 14 J. Stackhouse, Esq., Mt.. Brown—--26 bales halfbred . ewe .... , . 14 Messrs Belcher Bros,. Coutta Island—--5 bales halfbred hogget .v. ,\ 13Js 8 bales crossbred hogget ... .. 12 T. * Mcintosh, Esq., Fernside—

; 3 bales halfbred ewe .» .. .. 13J Mrs M. Coop, Ataahua—-

4 bales halfbred wether .. .. 14 H. Jamieson, Esq., Balcairn 3 bales halfbred wether .. .. 131 G. Arres, Esq., Waikari— I

7 bales halfbred wether .. .. 13J Mrs M. McAllen, Waikari:-

6 bales halfbred and first halfbd. 12J J. Rutherford/ Esq., Mayfield .. .. 135 E. J. ; Farr, Esq., Bennetts- .. ~ 13^ W. Menzies, Esq., Menzies Bay . . ;". 13 S. Blatchford, Esq., Teddington . . .. 13 J. K. Forrester, Esq., Hawarden .. 122 G. E. Shand, Esq., Norwood .. .. 12g L* Derrett, Esq., Hororata ~ .. 12J J. Wyllie, Esq., Omihi .. .... 12J E. Wright, Esq., Dunsandel 12J L. Ruddock, Esq., Chertsey ~ . . 12 J Mrs Dwyer, Elgin .... . . . . 12J J. Leslie, Esq., Islington 12J W. Lockhead, Esq., Southbridge . . 12J G. Bailey, Esq., Templetoii . . . . . . 12£ Hawke, Jssq., Lowcliffs .. .. 12J J. A. Henley, Esq., Lincoln . . . . 12J J. Cossar, Esq., Tai Tapu .. .. 12J Ferriman, Esq., Tinwald . . . . 121 R. Judson, Esq., East Oxford . . . . 121 J. Boag, Esq., jun., Brookside . . .. 121 G. Popplewell, Esq., Rotherham .. 12

NATIONAL MORTGAGE AND AGENCY COMPANY.

The National Mortgage and Agency Company of New Zealand, Ltd., reports:— The first sale of the season was held yesterday in the Alexandra Hall, when 7574 bales were offered by the various brokers. The sale commenced at 9 a.m. sharp. Representatives from Bradford, Dominion mills and fellmongers were present. Competition throughout the sale was keen, and a good clearance of catalogues was made. The wools generally were, earthy, but a few lots of halfbi'ed clips, showed out prominently, meeting with a very keen demand. Prices, compared with the first sale of last season, show an advance of 2d to 2d per lb, owing to the keen demand through the war for wools suitable for the manufacturing of khaki. Summing up the sale generally, halfbreds and three-quarterbreds exceeded .expectations, hut halfbredb, particularly the low qualities, were disappointing, as we expected that all crossbreds would have been urgently required for war purposes.

The auctioneers at •the commencement of the sale gave out that' bids would not be accepted from buyers representing German or Austrian principals, including Turkey, and we feel sure that our clients will concur in this action.

American and other representatives of neutral countries were also debarred from buying at this sale on account of the proclamation of the Imperial Government prohibiting the exportation of wool from Great tji'ituin, which action the New Zealand Government deemed it expedient to follow, and issued a proclamation confining the export of wool to the United Kingdom. It is possible that the proclamation regarding the Allies and America may be taken oil' when the-Imperial Government is satisfied ihat there will be sufficient suitable wool tor their Army and other requirements. The following is a comparison of the sales with the first sale of last season:— Dec, 1913. Nov., 1914. d. d. Super halfbred . . 11 to 13 13 to 143 Medium halfbred . . 9ft to 11 103 to 12£ Inferior halfbred . . 9 to 10 104 to 102 .Super Corriedale . . 11 to 124 12 to 144 Medium and inferior

Corriedale . . . . 94 to 10£ 102 to 112 Super three-quarter-bred 9 to 10| 11 to 13 Medium three-quar-terbred .... 8 to 9| 8J to 10} Super crossbred . . 9 to 10 9£ to 11J Medium crossbred . . 1\ to 9 8 to 104 LJest halfbred pieces 9 to 10$ 93 to 114 Second halfbred pieces 7i to 9 94 to 10J Crossbred pieces .. 4:i to 72 54 to 8% Locks 32 to 7& 44 to 7i

Our cataloguo comprised 017 bales, and the following is a list of some of our sales: — PIPE BRAND—3 bales halfbred ewe, 11 M; 3 bales 3-quarterbred ewe, lljd; 6 bales crossbred IOAd.

DANEBURY —10 bales first combing halfbred hogget, 12id; 5 bales second combing halfbred hogget, H4d; 4 bales pieces, 9£d. MB —4 bales three-quartcrbred ewe hogget, 10^d. lIK conj.—3 bales halfbred wether, lljd. WB over C —3 bales halfbred wether, lljd; 9 bales halfbred hogget, 12d. CV —6 bales halfbred wether, 12Jd. MT. SOMERS —4 bales halfbred. pieces, CHERTSEY SHED over 90—10 bales three-quartcrbred hogget, lOd. 2 over bar —2 bales three-quarterbred hogget, lOd. HJH—4 bales crutchings, 7^d. Three balls —6 bales halfbred crutchings,

91d; 3 bales halfbred, 13d; three-quarterbred, 11 id; pieces, 9!2d. J:L—7 bales three-quarterbred hogget, lOd.

G over T—3 bales three-quarterbred hogget, lOd." DALETHORPE—3 bales erutchiugs, 9d.

through L—6 bales half bred, 11 Jd; 3 bales crossbred, lOd.

TORMORE—3 bales halfbred, 14d; 5 bales halfbred, 12Jd: pieces, 9^'d. IB con.—s bales halfbred hogget, llijd; 6 bales threfc-quarterbred hogget, 10£.d; 3 bales crossbred hogget, 9Jd, Ill —5 bales three-quarterbred hogget, ioyd. Dot iu C—l 4 bales three-quarterbred hogget, lOd.

5Y—3 bales three-quarterbred hoggoi IOJd.

CRESSY BANK! over HINDS—3 bales three-quarterbred hogget, lOd. J6 —3 bales. halfbred ewe, 13d; 9 bales three-quarterbred ewe, lOld; 6 bales threequarterbred hogget, lOd; 4 bales halfbred hogget, lljd; 3 bales bellies and pieces, 7sd. Inverted C against T on flat—3 bales crossbred hogget, lljd.

CHERTSEY SHED over P reversed and D—6 bales halfbred, 13d; 4 bales halfbred, 123 d; 3 bales pieces, 10 \d. A over C—4 bales halfbred, 103 d. ST. LEONARD'S—S bales three-quarter-bred ewe, hogget, 12d; three-quarterbred, 11 Jd; bellies, 8d; pieces, 'B2d. I—2—s bales halfbred wether, lljd. DV—4 bales halfbred ewe, llld; 3 bales three-quarterbred ewe, 11 id; 13 bales crossbred ewe, 10Jd. . 3Z—l2 bales three-quarterbred ewe, 10.fd; 9 bales three-quarterbred hogget, IOJd.

DL—5 bales crossbred ewe, IOJd. DFK—4 bales three-quarterbred hogget, 9Jd. BRAEMYLE—7 bales three-quarterbred hogget, lid.

1 over - i —' over C—7 bales first half-bred hogget, 12d; 4 bales three-quarter-bred hogget, lid; bellies, Bd.

K4—3 bales three-quarterbred hogget, 10Jd. AB—4 bales halfbred, Hid; 4 bales crossbred, 9jjd; 3 bales second crossbred, BJd; 3 bales pieces, 7sd; 3 bales crutchings, 8d; 6 bales bellies, 7Jd. GH over BANGOR—7 bales fine crossbred, 12$ d; 6 bales crossbred, lljd; 4 bales crossbred hogget, 10jd,; 11 bales crossbred hogget, 10 I'd. - The next sale will be held in Alexandra" Hall on itonday, December 7. Consign wool, Addington.

DALGETY & CO., LTD.

Dalgety and Co., Ltd., report as follows:

The first of the local' series of wool sales was held . yesterday; 7574 bales were sub ; nritted for sale.

There was a,, large attendance of Home buyers, also New Zealand woollen mills' representatives and local scourers and fellmongers. Particular" interest was taken in this sale, being the first held in New Zealand since the outbreak of war. 'jf .-,..■ Special conditions of sale prohibited German and Austrian representatives from buying, and, in accordance with recent Government regulations, American buyers were also debarred from operating. K As a result of the recent dry spell of weather and high winds, some of the wool Opened up dusty and earthy, but, on the other hand, quite a number of clips opened up in bright, attractive condition.

Yorkshire buyers took by far the largest share of the offerings, the local factories and scourers not operating so .freely as usual.

Compared with the opening sale last season, which on account of the strike was held in December instead of November, we quote: Super halfbreds and fine crossbreds, lj'd to 2d dearer. Medium halfbreds and crossbreds, Id dearer. Crossbred and halfbred pieces, Jd to Id dearer. . Tho quantity of merinos offering was too small to afford a .reliable indication of values, but the few sales which were made were on the basis of Id to 2d per lb below the opening of last season. ;:■ To-day's range of values, compared with December sale of last year, is as follows: —. To-day's sale. Dec. 10,1913 d. d. Super merinos .. None off. 12 to 13 Medium merinos . . 9 to 10 10 to 11J Super halfbred and

Corriedale .. .. 13, to 142 Hi to 123 Medium halfbreds . . 11 to 12 10 to 11 Fine crossbreds .. 11 to 134 10 to 11 Medium and coarse do 9 to 10j 8J to 9J Super pieces . . 10 -to 115 10 to 1,03 First pieces .'. .. 8 to 95 8 to 9 Medium pieces . . 6h to 8 6 to 7 Locks 4 to 51 4 to 5£

Our own catalogue comprised a total of 1052 bales, of which we practically made a complete clearance at auction.

Some of our best sales to-day were as under:—

-Account H. Ensor, Mt. Grey over Whiterock, 10 bales Corriedale hogget at 14Jd, 9 Corriedale 13Jd to 14d, 5 Corriedale pieces ll£d; Hugh Ensor, Rakahuri, 8 Corriedale 14d; Alex. Duncan, ZD, 15 half bred & Corriedale 131 d to 133 d; W. J. McMillan, JPatiti, 6 halfbred 132 d, J three-quarterbred 13Jd; D. J. Osbourn, D.O, 5 halfbred 13i|d, 5 threequarterbred 13d; Mrs A. Macfarlane, Achray, 5 halfbred 13id, 5 three-quarterbred 12£ d; M. Flaherty, MF over Cheviot, 7 halfbred 12Jd; \V. G. Rudd, Ngaherehere, 15 halfbred 13d to 13Jd; .Tames Cooper, Horseshoe in square, 10 Corriedale 13Jd; W. Cunningham, Orui, 19 halfbred 13$ d; Harrison and Son, Stonyvale, 14 halfbred 13} d; G. H. Sharpo, 6s, 14 halfbred 13Jd; R. Evans, Taruna, 4 Corriedale 13d; J. I). McCracken, Hayland, 3 rams 12$ d; J. Wells aud -Sons, WD conj., 8 halfbred 12d to 12Jd; W. Drum mond, WD, 11 halfbred 12Jd; B. Hampton, Kairome, 10 halfbred 12id; J. R. Maxwell, Hurstlea, 12 Corriedale 12£ d; F. Reesby, FR, 3 halfbred, 12Jd; C. F. Bassett, Burnt Hill, 15 halfbred 12d; C. N. Hamilton, AH, 3 halfbred 12d; S. Burrows, Spurtleton Downs, 8 halfbred 12d; W. F. Jackman, Wharenui, 7 halfbred 12d, G. JS. McLean, Glasnevin, 4 halfbred 12d; 1). J. Mcintosh, U2, 3 halfbred 12d.

The second sale has been fixed for December 7, with a limit of 17.000 bales. Catalogues close on November 30, unless this limit is arrived at before that date.

PYNE & CO. Pyne and Co. report as follows: The first of the series of wool sales in the Dominion for this season took place at Christchurch yesterday; a total of 7574 bales were submitted. There was a good attendance i;f buyers, and practically the whole of the catalogues were cleared under a very keen competition. It was expected that there would be a decided advance in the price, of crossbred wools as compared with last season, and such was the case. The advance for bright clean sorts was equal to in some instances Id to IJd per lb; inferior and discoloured lines also sold at advanced prices, though the improvement in these was less marked.

The .feature of the sale, however, was the enhanced values paid for super halfbreds, Which brought prices Id to lj|d in excess of those ruling at the closing sale last season.

Merinos. —There were not many on offer, and for these' there was but little, if any, change, in values; in fact, the market, if anything, was . somewhat lower in wools of this class than last year. ' The range of prices may bo given as follows: — Super Halfbreds . . . . 13d to 14d Extra lines to 14id Good Halfbreds .. .. 12d to 12£ d Others . . -. . .... lOd to lid Best Corriedales .. .. 12Jd to 14d Medium Corriedales .. IOJd to Hid Best Three-quarterbreds lid to 12d Extra good . . ..... 12id Other Three-quarterbreds • 9Jd to lid Good Crossbreds . . . . lOd to 11 Jd Medium Crossbreds .. lOd to IOJd Our catalogue comprised 2527 bales, of which practically everything was sold.