WOOL SALES.
The first wool sales of the reason, under the auspices of the Auckland Woolbrokera' Association, were held on Wednesday, December 2nd, in tbe Wool Exchange Rooms, Queen-street. There was a general fall in prices of from id to fd per lb. The total number of bales catalogued was about 4,500, a considerably larger number than at the first sale last season.; There was a large attendance. of buyers, incloding Messrs Murgatroyd, Price, Slator, Sutherland, Warnock, Ireland, Colbeck and others.
The first lob of wool was sold by Messrs Hunter and Nolan, Mr J. P. Philson being tho auctioneer. Tbis firm ofiered 1,013 bales, of which all bub six were sold. Bidding was brisk up to from $d to fd per lb less than last year's prices. Longwool ranged from 6d to 8d ; crossbred from 6d to 7|; merino from 5f d to 6Jd ; and faulty wool from 5d to s|d per lb.
Messrs G. W. BinMey and Sons followed on with a catalogue of about 850 bales, Mr (.. B. Kingswell acting as auctioneer. The wool, as throughout tbe sale, was hardly in as good condition as last season, being somewhat heavy owing to its greasy nature, consequent on a dry season, and it was therefore waßty. Competition was good, but interior crossbreds show a decline of aboub id, Lincelna $d, and Shropshire and half-bred |d. Prices for bellies and pieces were £d in advance of last year. The top prices of Messrs Binney and Sons' catalogue were for the lCssling brand 51 bales of'down wool, which brought Bd. and for the C. W. brand 6 bales of half-bred wool, which also realised Bd. Prices for the sale were as follows ;— Lincoln,, 7d to 7^d ; half-bred, 7^d to 8*1; medium crossbred, 6^d to6-Jd ; inferior wools (all sorts), s^d to 6J, and good pieces, 5d to s£d.
The New Zealand Loan and Mercantile Agency Comoany were the next to sell, having a catalogue of 997 bales. Mr S. C. Johnson sold on behalf of tha Company. There was a general fall of from $d to fa in the prices realised as compared with last year, tha price* ranging as follow : -— crossbreds, 7d to 7|d ; halfbred, 7d to ; merino, bd to 7£d ; pieces, 4£d to s|d ; bellies, 4£d to fiftd ; Lincolue, 6|d to 7|_d.-
The first wool sale of the season at Dunedin was held on December JBth, when 4,951 bales were catalogued. There was a full attendance of buyers, English, Colonial and local manufacturers being well represented. The prices, albhough equivalent to London values, were nob equal to lasb season's. Longwoel and crossbreds wore £d to a penny below the prices ruling ab tbe opening sale last year. Merinos have nob suffered to the same extent, but owing to the superior condition of the wools, Borne clips realised prices almost equal bo those of lasb season. The following was the range of values:—Three-quarter-bred and longwools of Bound, sbaple, and light conditioned, 7d to 7£d ; fair to medium, 6d to 6|d ; crossbreds, well-grown and in lighb condition, 7Jd bo 8d ; ordinary, 6£d to 7d ; halfbreds, good bo super, 7fd to BJd ; fair to medium, 6|d to 7£d ; merinos, • good super, 7d to 7Jd ; fair to medium, 6d bo 6£d; crossbred pieces, lighb and bulky, s£d to 6Jd ; do., wasty and small, 4d bo 4£d ; locks, lfcd to 22d.
WOOL SALES.
Auckland Star, Volume XXVII, Issue 305, 23 December 1896, Page 5
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