WOOL SALES.

Auckland Star, Volume XXXI, Issue 14, 17 January 1900, Page 6

WOOL SALES.

A LATE SITTING.

The wool sales lasted until about 9.30 last evening. It was 20 minutes past five o'clock before Mr Seagar Buckland finished his catalogue, and there were still Messrs Hunter and Nolan and Messrs G. W. Binney and Son's lots to be dealt with. Under the circumstances it was decided to adjourn for tea and resume at 6 o'clock. After we went to press yesterday Mr Buckland secured satisfactory prices for the majority of the lines offered, comparatively few lots being held for higher figures. •In one case at least a farthing per lb. more was obtained than the owner's reserve price. Eight bales of cross-bred were sold to Mr Parker at 7-} d. Two bales of longwool Avere bought by Mr Warnock at Gkl, and a line of fine crossbred was passed in at BJd. Mr Parker then bought 8 bales of cross-bred at 7fd, and Mr Murgatroyd purchased one bale of Merino at 9d. Fifteen bales of longwool from Motutapu sold at Gkl, Mr Price being the buyer, and 32 bales of longwool ewe same brand were sold at G^d to Mr Murgatroyd. Five bales of longwool another grower were then sold to Mr C. Wood at Old, another five bales of cross-bred were knocked down to Mr Price at 6_d, and Mr Murgatroyd paid 7d for two bales of halfbred. A single bale of crossbred'sold at 83d to Mr Parker, who also paid 7^d for a bale of Southdown. Four bales of Merino were started at lOd by Mr Murgatroyd, but had to be passed, the owner asking lOkl. Nine bales of longwool sold for CM. Mr Price being the buyer, and another nine of cross-bred was bought by Mr Murgatroyd at 6Jd, who also secured the next line of six bales of longwool at skl. Mr Price then paid 6fd for five bales of cross-bred. A bale of scoured half-bred fetched 1/6J, Mr Parker buying that, and the next bale of scoured pieces at 9d. Nine bales of longwool next sold to Mr Price at 7d. Three bales of threequarter bred Merino realised B^-d, Mr Murgatroyd being the buyer. He also secured ten bales of cross-bred at 7d. and Mr Price bought, seven bales of cross-bred at Gkl. Following this was six bales of longwool for which 7rt was paid by Mr Murgatroyd. Afier several small lots had been dealt with a line of 25 bales half-bred Romney \ was offered and realised 7Jd,! Mr Price being the buyer. One bail of Merino was then sold at B|d to. Mr Parker. For six bales of Romney ewe Mr Price paid 7Jd, and 6£d was also the figure at which five bales longwool was knocked down to the same buyer. Seven bales of longwool ewe sold at s|d to Mr Murgatroyd, and another seven bales at 6d same buyer. Three bales of Merino Avere knocked down to Mr Price at 10d. A single bale half-bred Merino was purchased byMr Price at Bfd. Five bales cross-bred Shropshire were passed in at Gd. Eleven bales of longwool sold to Mr Price at skl. Two bales of half-bred then sold to Mr Parker at 9|d, and one bale of cross-bred fetched 9?d, same buyer Five bales of longwool next sold to Mr Donald at Gd, and another

nine bales realised 5Jd, Mr Murgatroyd being the buyer. He also secured another four bales'at sfd. A line of 13 bales of fine cross-bred wether fetched 6|d, Mr Price being the purchaser. Mr Murgatroyd next paid 6|d for four bales of cross-bred wether. A line of four bales of Shropshire was knocked down to Mr C. Wood at 7sd, and Mr Parker paid 7M for two bales of crossbred Shropshire. Three baleis halfbred were bought by Sir Murgatroyd at 9d, and the same figure was paid by Mr Parker for three bales half-bred Merino, while 7M was paid by Mr Price for four bales half-bred ewe. For eight bales of Romney 7£d was also paid by Mr Price, while Mr Murgatroyd paid Gkl for eight bales of cross-bred. Two bales lamb wool were knocked down to Mr Parker at 6d, and another bale at 7£d. A single bale of Leicester realised 6Jd, Mr Price being the buyer. The same purchaser also got the next lot, three bales of Merino at Ski. A line of 26 bales ot cross-bred was passed, 5d being tho best offer. A single bale of fine crossbred and half-bred was purchased by Mr Murgatroyd at 9fd. Another five bales of line'cross-bred were bought by Mr Price at 7|d, and six bales of cross-bred by Mr Murgatroyd at 6kl. Another five bales of longwool were also sold to Mr Parker at G^d. Mr Murgatroyd then secured four bales of longwool at 5"3d, and five bales of crossbred'at 6|d. The same figure was paid by .Mr Price for six bales of longwool. 'A good line of 39 bales of crossbred was sold to Mr Murgatroyd at Gkl. The next good size line of crossbred. 20 bales, was knocked down to Mr Price at Gkl. Mr C. Wood secured the following five bales, also crossbred at the same rate. A single bale of half-bred Merino and another of cross-bred Merino and Shropshire were both sold to Mr Price at Bd. Five bales of cross-bred Romney were knocked down to Mr Donald at G^d. A number of smaller lines and crossbred then sold at Gkl and 6Jd to various buyers. One line of 12 bales cross-bred w^as passed at 7d, also four bales of Merino at 9Jd, those offers being declined.. Seven bales of longwool were bought at Gld by Mr Murgatroyd. One bale three-quarter bred Merino sold at S^d to Mr Price, and another bale half-bred Shropshire to Mr Murgatrovd at 7Jd. The last buyer also purchased 10 bales of half-bred at, 7d. Five bales of Merino were next knocked down to Mr Price at 81d, and two bales of half-bred to Mr Murgatroyd at 9d.

MESSRS HUNTER AND NOLAN'S

When Mr H. 0. Nolan started selling at six o'clock it was quite evident that all present, including the auctioneer, had an objection, to late hours, for bids came rapidly, and where reserves were high lines were promptly passed to save delay. Altogether 1165 bales were offered by Mr "Nolan; and the average of prices secured was very satisfactory. Mr Murgatroyd paid GJd for seven bales of crossbred, and 7d for another 12 bales. Five bales of crossbred were secured by Mr Price at 7d, and the same buyer gave 7_}d for a single bale of half-bred. Mr Murgatroyd paid GAd for another line of seven bales of crossbred and 8d for four bales of Down and half-bred. For longwool Mr Murgatroyd paid Gkl for a line of

seven bales, and B|d for a line of IS , bales of half-bred. Ten bales of longwool were next knocked down to Mi Price at 6|d, and three bales of crossbred at 7d. For a good line of cross- . bred 8d was paid by Mr Murgatroyd. A small line of two bales of Merino and crossbred, Mr Parker bid BAd, and . B|d for one bale of half-bred Merino, The same buyer also secured a good line ,of six bales of half-bred ait BJd, and one bale of crossbred Merino 9^d. Crossbreds then followed, selling as high as 7£d for small parcels, that figure being paid by Mr Price, who also secured other lines at 7d. Two bales of crossbred were-subsequently knocked down to Mr Price at Bd. A single bale of Shropshire was bought at 9kl by Mr Murgatroyd ,and Mr C. Wood paid 7|d for a, bale of half-bred Down. Two bales of Merino realised Bd, Mr Parker being ithe buyer, and another couple later on sold to Mr Pi-ice at 7Jd. As high as 9£d was paid by Mr Parker for two bales of crossbred Merino, and Mr Price garve 7d for a single bale of crossbred Down. Crossbred and crossbred Merino lines followed in small parcels, ranging from 7d to 7|d. One line of 13 bales crossbred Merino was knocked down to Mr Price at 7}d, and four bales crossbred at 6sd. Mr Donald then secured two bales ait Gd, and Mr Parker paid Sid for a single bale of crossbred. Five bales of longwool were next knocked down to Mr Murgatroyd at G-Jd, and another four later on at Gkl. A single bale, of crossbred sold "to Mr Murgatroyd at' Bd, and the same figure was paid by Mr Price for four bales of crossbred Merino. A number of small lines of crossbed then sold at prices ranging from 7d to 7_<\, the latter price being paid for a line of 13 bales by Mr Murgatroyd. A couple of bales of Merino were knocked down to Mr Parker at BJ_d, and ten bales of longwool to Mr Price at 7d. One bale of half-bred was passed, although 9|d was offered. A parcel of three bales of fine crossbred was also bought by Mr Parker at Bd. When Mr Nolan completed his catalogue he was applauded as he left the piatfformJ MESSRS G. W. BINNEY AND SONS. Mr Kingswell, upon taking his place to submit by auction 963 bales on behalf of bis firm, reminded buyers that the hour was getting- late, and asked for prompt bids, ' Where the price was hanging below the reserve he at once, announced the owner's value and saved waste of time in bidding, the result being quick despatch of the business. In some' instances the reserves seemed high, fine crossbred being passed at 81d, the owner in one case wanfting Hid. Small lines of crossbred sold from 5d to 7d. Mr Price paid 7d for four bales of Romney, and Mr Parker 8d for six bales of fine crossbred. One bale of half-bred was secured by MiDonald at 7d, and Mr Price paid 7fd for a line of nine, bales of crossbred. Five bales of half-bred were purchased by Mr Murgatroyd at Bfd, another three at Bd, and six bales of fine crossbred by Mr Wood at 7d. Mr Murgatroyd also purchased laiter on 21 bales of fine crossbred at 8d in one line, after which BJd was paid for a single bale. One line of 20 bales crossbred was passed, although 8d was offered. 'Two bales of Merino sold at B|d to Mr Parker. A line of six bales of halfbred was also knocked down to Mr Parker at Sd. Many lines of crossbred sold at varying rates, according 'to quality, the bulk realising 6Jd.to 6Jd, with poorer lines occasionally selling down to sd, and extra quality as high as Bd. Mr Kingswell finished about 9.30 o'clock, which closed the second wool sale of the season, it having lasted 12£ hours, with a break of one hour for lunch and half an hour for tea. Bidding was as good towards the close of the sale as at the beginning, and further evidence of the strength of the market was shown by the quantity of wool reserved for still higher values. An idea of the 'advance that has taken place latterly an wool may be gathered from 'the fact that yesterday lines realised one penny per lb more in Auckland than they sold at in London only three months ago, .after paying all costs of freight and insurance. The war in Souith Africa as of course a factor in the matter, buy era. recognizing that the output from that country must be considerably lessened, not only this season but also next year, as no doubt the sheep will go to feed the soldiers that otherwise would have been producing .wool.