NATIONAL MORTGAGE AND AGENCY COMPANY.

Press, Volume XLIX, Issue 14564, 15 January 1913, Page 11

NATIONAL MORTGAGE AND AGENCY COMPANY.

. Tlie third wool sale of the j-eason was held on Monday last at the Alexandra Hall, when 27,097 bales were ottered by various brokers, as compared, with 15,102 bales at tho correaponding sale last year. Tlie sale commenced at 8 a-in. and the salo of main lots and groupings was concludes! .at 10 o'clock, the star sale lag'ing until midnight. The wool offered waa a record so far .« numbers were concerned of a_y sale he d in the Dominion. There. w_s ah excellent display of all descriptions, many of the best clips being ou offer. • The reason for so much •-. wool being catalogued for this fixture was on

account of the Jong«r period iroiu the last ■sale held, the date being a littlo later. The - weather in the early pait ot the season was - showery, which prevented a good quantity of wool beinc forwarded for the earlier sale, and aJso that a number of growers who had previously sent the wool tor realisation in London, taking advantage of the local sales, evidencing that these growers, have become alive to the fact that as good values cau b» obtained at the maiket at '.heir door, as can be got in tho London «ale 3, added to - which is tiie advantage of immediate account . aalea of proceeds, a« against the waiting necessary when clips are shippefi _ljme, with - the- consequent risk of market fluctuations __ and loss of interest. Every section of the trade was represented en the .benches, and competition was keen. Throughout there had been some fear by atllers that a reduction, in values would have • -to be faced, but fortunately this was noi • *», with the exception, perhaps, of some of ftie eoa:£« wools, but even then the slightly lower prices weie more apparent than real when condition is taken into account. We report prices Tor best halfbreds and crowbTeds, suitable for America, equal to jaat Christchurch sale prices. ' The satisfactory price of 14id being reached at tho series for a line of the former quality', while Wd was paid for three-quarterbred suiU'oia for America, Medium half-red suitable for tit* Continent was. on.a par with last sale to a Jd cheaper, while BratSord qualities . "sight be- quoted also from id to Jd lower, wit this can hardly be determined only by «c closest scrutiny in regard to condition *_d yield. Pieces generally were on a par *"th December rate«_ • We noticed in reading the newspaper report 'aa*. American buyers wero not operating to - any extent. In justice to the American rep--4 lesentativea we feel that we should call at~ ; ttntion to this, ns being foreign to the true position, as while the brokers have small opportunity while the aale is in progress- of ascertaining whether the Americana are buymg or not, we wonder how tho reporters , Ett their information, and wo would venture Jo say that a goodly proportion of suitable Jsnes in Monday's offerings were taken by this section oi tie trade, nnd at th* highest

ptices-everv lot suitable bein? eagerly competed tor. The following, i* a range of the prices realised at •♦.„»« aale: — . d. d. Super merino- ... •• '- to '■' Meduirn merino ..-'■ .. 9 to Hi Super halfbred .. .. 12 to HJ .Medium halfbred .. H to l_i Corriedaie .. -■ 12i to 132 Super three-quarterbred . 12J to 18J MeJium three-quarterbred 10J to 112 Super crossbred - 11.5 to 131 Medium crossbred -- 10_ to Hi First halfbred pieces .. 8J to 10 Crwwbred pieces • CJ to 11 Tlie following are sodi* of o'.ir principal sale?:— . , , hales super halJbred 12Jd: a hates Ist b?.lfhred'lld. , , TIT-6 !,,-„ first halfbred 12»d; -t bales I(tt hjif'irefi hegjfet UJd. TOPPESFIEI.D—6 hale* ! *'- halibre-i lljd. D*—4 b.le*. mper haifbred UJd. 0.X.-3 T.ilt+ halfbred. Hid. .Heart over bales fine halfbred, UJd. VT.T. conjoined—7 bu!e* hni.'bred ewe. 12} d. V uver llii.—lß ba!e« sup halfbred ewe. JIW. , . X ever Point —II bales Ist com. fine hs.ltbred. 13.1: 11 b»!es Ist com. halfbred, l-l*i: 12 2nd rS.-n. bulfbred. 12d. KELSIK—4 bales CorriedaU hstt.. Hd. DALrTI'HORPK—S boles Ist com. merino, llj'd; i baic-.i 2nd com. merino. . llfrd: 5 bales merino i-lothinp, Hid: I<> ba'e? sup. halfbred ewe. 1-lfd: 10 bales Ist hali'nrrd <■»«. 1-ld: 14 bales halfjred ewe. 12d; :5 bales Corriodnlc ram, HJd. • P.V.—4 bale* halfbred ewe, Vit\. DIAMOND Z—7 bale- balfljred ewe, 11-d. •I. piercing O. —3 bjiies. ha!fbre<l ewe, 13d: 1) bales halfbred ewe, \'i{d; G bales halfbred ewe, 13d; 10 bales three-quarterbred ewe, njd. (I over OO—2B bales halfbred,ewe, 12Jd; 12 ba!e» three-qunrterbred ewe,' 11 Id; 5 bales Ist halfbred pes. lid. KS—ll bales Ist crossbred, lljd. VIEWMONT—B bales halfbred. lljd. LS-.l.ba!<-s.halfbre_. Hid. Xl—f» bales holfbred ewe, l-2d; 3 bales halfbred ewe, njd. . V.P.—3 bales "super halfbred, tl_d. O over OO—lo bales auper halfbred ewe, md. • -Yew Zealand—34 batea l«t com. halfbred ew/-. 12Jd. H.X.— 8 balen halfbred ewe, Hd. R.W.—4 bales halfbred ewe. HJd W.H. conjoined—3 bales fine halfbred ewe 121 d. R. 3.—5 bales halfbred ewe, lIJd. AXXAXDAJ-K—9 bsvies halfbred ewe. 13d. GLEWKALLOCH-5 bales halfbred ewe Hd. . ' FLAXIIILLS—15 bales halfbred, Hid; 13 bales halfbred Hd. M.A. oon;oined~3 bales halfbred, I ltd. 0.2.—11 bales ' halfbred. lid. Our next ealc will be held on fhe i:{(h February next. Catalogues closing on the 6th prox.