NEW ZEALAND LOAN AND MERCANTILE AGENCY COMPANY LIMITED.

Press, Volume LXII, Issue 12377, 16 December 1905, Page 11

NEW ZEALAND LOAN AND MERCANTILE AGENCY COMPANY LIMITED.

Report:—Our second series of eales was held to-day, with offerings totalling about 22,800 bales, -which constitutes a record for any series yet held in New Zealand. There was a large attendance of Home, foreign, and'local buyere, and the :aies wero marked throughout by spirited competition for the better claeses of halfbiode and cros&breds. Merinos were not much enquired for, «nd tho lower qualities especially were not in request. Coarse crosabreds and lor.gwools suffered a decline in values, and shabby three-quarterbreda were also easier. Pieces and oddments sold well.

Compared with Novomter series euper halfbrede wero 4d better, sm much ac 13jd being given for a specially good line. Merinos wero about on a par and lower grade crcesbreds and longwoole were 4d to Id lower. Showy three-quarterbreds were well maintained, but interior were about Jd lower. Pieces, bellies, etc., realised rather better values, lid being paid for five bales Kaiwara. '

Our range of prices was :— Balfbred ... ... 9d to 12Jd Three-quarterbred ... Bjd to lljd Crossbred ... ... Bjd to IOJd Merino ... ... B*d to lljd Bellies and pieces ... 6jd to lid Our more noteworthy sales were:— Halfbred Kaiwara (Hgt) 12* d, CEC 12Jd, FJ 12Jd, Pinaki 12d, Glenmoro (Hgt) 12d, Achray 12d, anchor in diamond lljd, L over Kaikoura lljd, P7 lljd, Waipapa (Hgt) ll|d, Arden (Hgt) lljd; crossbred, AJ IOJd, FHT IOJd, anchor in a diamond IOJd, Waipapa 10id, CM over Seafield 10id, TS lOid; merino, X lljd, Waipapa lid; three-quarterbred, CEC Hid, Pinaki lld r Achray 10|dj L over Kaikoura lOJdi JH lOid; pieces and bellies, Kaiwara lid, Achray 10§d, VO over Mount Hutt IOJd, CEC 10d, Pinaki 10d, FJ 9id, Hawkswood 9id. 7052