WOOL SALE.

Press, Volume LXIII, Issue 18922, 10 February 1927, Page 10

WOOL SALE.

KEEN DEMAND FIRM AT TIMARU PRICES. CROSSBRED SELLS WELL. The third wool sale of the Christchurch scries was commenced liist evening in the Caledonian Hall, Kilmore street. Three of the six catalogues were disposed of, comprising !>3OO bales of a total of 20,051'. The sale will be resumed this morning.

The following arc the respective catalogues and the order of sale: — Bales. National Mortgage and Agencv Co., Ltd. .. .'. 202:$ N.Z. Farmers' Co-op. .. -Hi-18 H. Matson and Co. .. .. 2731! JPviie, Gould, Guinness, Ltd. .. 4!>r,o Dnlgety and Co., Ltd. .. .. U>u3 N.Z. Loan and Mercantile Agencv Co., Ltd. .. .'. 1039 2(1,0,12 Condition of Wool. The wool generally was in good condition, though not up to the order of the January catalogue, which, however, was a super catalogue. Naturally with the advance of the season a good deal of the clip was heavier, and on an average it was not so bright as the preceding catalogue. However, for a February offering little fault could be found.

There was a heavier showing of coarse wool than is usual, and it is obvious that the heavy absorption of North Island Romuey and Lincoln cross sheep into Canterbury flocks, which has been going on for several years, is now making its presence felt. Over 100,000 North Island ewes came into Canterbury last year, a similar number would probably not be an over-estimate of the sheep carried over from the two preceding seasons, so that close on 200,000 additional coarse-skinned sheep are being clipped annually. Under the farming conditions prevailing this development is no doubt inevitable, but is worth noting as an influence on the character of the province's wool. On the other hand the present catalogue contains a number of Chatham Island clips of excellent quality. Breeders on the Islauds have steadily applied themselves to the importation of purebred Komney rams from tho mainland, and the result is seen in the quality of the wool now being produced. ' Widespread Demand.

The particularly keen sale at Tiuiaru prepared vendors for a brisk sale, and their anticipations were fully realised. All fine wools sold firmly at Tiniaru rates, there being very little, if any, quotable change. However, three-quar-tcrbred and crossbred were in particularly keeu request, these classes being about a penny better than at last Christchurch sale, and a shade in advance of Timaru. A good deal of three-quarter bred made from 13Jd to 15d, and crossbred, which ranged about lid at the January sale, exceeded the shilling mark on an average last night. Halfbred and Corriedale wool sold with notable uniformity, the bulk of this class ranging between 17Jd to 18Jd. Merinos sold very keenly, local mills being to tho fore in this competition, whilst, as usual, all classes of pieces sold surprisingly well compared with fleece. The Continental representatives were prominent in the competition for pieco lots. A feature of the opening catalogue was the spirited Continental competition for all classes. This element temporarily dominated tho market. However, nil buying points appeared to be in want of wool, a fact which was fairly obvious when big grouped lots were offered. In the three catalogues sold the total passings were 384 bales, or a shade over •1 per cent.

Leading Prices. A few of tlio leading prices were:— Bucclcuch, 5 bales meriuo 21* d; Conncmara, 5 bales merino 20Jd; Mt. Vernon, 48 bales merino 20Jd; W.T. under bar, 6 bales half bred 19 Jd; 7 bales halfbred of one vendor's clip were passed at 201 d. Four bales thrce-quarterbred (J.U.P. brand) mado 18Jd, and 7 bales F.A. over Craig, described as crossbred, made 17id and 5 bales 17d.

FT: 1 bales }bd 20d, 6 l!)d. 5 pes 153 d. OH.': 14 Jbd 18Jd, 0 Jbd 15Jd. 4 and ocs i:i3d K.Y.: 7 Jbd 18Jd, » Jbd 15Jd. 4 &s and pes 13jd. J.M.: 7 Jbd 19a. 6 Jbd 15id, 4 xbd 13d. r.H.C over M.UDRnnu 31 xbd 13jd, 29 2nd 12Jd, 9 3rd Ilid, 22 Ist xbd 13Jd 13 2nd 12d. 18 pes 9Jd. Ml. feadferd: 8 Jbd 19d 5 18Jd,, pes WTormbre: 14 Jbd 18jd, 8 pes 164 d. Clearwell- 6 Jbd 15jd, 6 xbd 14d. 5 xbd Hid. 5 pis art ball 13,' d. XK: 6 Jbd Wd ,4 .Jbd IOAd RT.: 5 Jbd 16Jd. IVY.: 4 Jbd u 17U Bueeieugh: 5 met Slid, 4 Jbd e 16d. W.T. under bar: 6 Ist Mi MM, 5 2nd Jbd c 18Jd. Winchmore: 8 Ist Jbd e 18Jd 6 Jbd e 17d. Buapuna: 9l}** 19 »£ 17 Jbd e 18 Jd, 7 pes 14jd, 4 Jbd 14 Jd. Grove Farm: 5 Jbd . 18|d..4 Jbd e 15d 13 xbd e 12Jd, 4 pes 11 Jd. P over A: 4 Jbd { l7*d, 8 Jbd 15d, 9 xbd 12Jd. 9 xbd lljd 4 xbd 10Jd, 0 pes IOJd. Hon side, B: 4 Jbd MM. Somerset: 9 Jbd Wid, 0 Jbd 161 d 4 xbd 13d, 4 Ist pes 14Jd. V.C. over Mt. Hutt. 14 mer w 18d, 12 mer w «ld. 9 Jbd w 17Jd. 24 dingy Jbd 18d, 7 raer e 18Jd 4 mer o HJd, 5 Jbd e 19H 29 Jbd c.WW. 8 Jbd o 163 d, 5 Jbd o ISid. A.8.: Jbd 18Jd, 45 Jbd 17Jd, 44 Jbd 17d. Conlicraarra: 5 mer 20Jd. , Carrlante: 6 mer 19jd, 4 mere 18jd. Glenlee: 5 Jbd 18id, 5 jbd 19d, 4 Jbd o 18Jd, S Jbd e 16|d. CUphatudalo: 6 Jbd « IW, 0 Jbd o 17d, 4 o h 17d. Cirolo on Bar: 6 Jbd 183 d, 4 Jbd 17Jd. Leckhanipton: S 1 mer IBM. 6 mer 18d. Lawford: 12 Jbd IM. 0 Jbd lSd, 7 pes 13Jd. ValetU: 13 Corr WJd, 8 Jbd 151 d, 4 Corr pea 163 d. Terako: 22 Jbd 193 d 7 Jbd 17id, H Jbd 18Jd, 9 Jbd h 19d, 5 j6d 6id, 4 xbd IW, 8 pes 15Jd, B beU 133 d. 4 Iks 71d. Rauraati: 8 Jbd 18Jd. Lavington: 7 Jbd h 18d, 13 Jbd Kid 13 Jbd 15d, 6 bels and pea 15£ d. Edendalci 15 Jbd e 18d, 8 Jbd o 15Jd. LB over W: 4 Jbd 181 d. LZf 11 Jbd e 18jd. JHP: 4 Jbd Mid. 4 xbd 16Jd. VR eonjd. F: 5 jbd ISJd, 4 Jbd B 18d 4 Jbd 15Jd. AP under Bar: 5 Con e 18d.' Cloverleaf: 6 Ist Jbd 19R 7 Jbd 15d. 0.H.:17 Jbd* e 19d, 8 Jbd e 18Jd, 11 Jbd o 17id. G xbd e Hid, 4 xbd e 12Jd. 5 Jbd pes 15$ d. Andreas: i Jbd e 183 d Tinangle: 9 Jbd 19d, 4 Jbd l&ld. Crosby: 5 mere SOd. Vernon: 14 mer 20Jd, 3-1 mer w 20Jd, 7 mer w 193 d, 7 mer pes 15Jd, 5 mer bels 133 d, 9 Jbd e 191 d, 11 Jbd e 19Jd, 4 Jbd e h 17ld, 4 Jbd e 14Jd. Pyramids: 8 Jbd 19ld 10 Jbd A ISJd. A.F. conjd.: 12 Jbd 19id. G *bd w 19d, 10 Jbd 18d, 6 pes 14Jd. E.H.J.: "5 *bd 191 d, 5 Jbd ISJd. Hartley Hills: G jbd 19id, 7 Jbd 17Jd. P.M. over bar: 4 Jbd 13d. Mesopotamia: 7 raer 18Jd, 6 19Jd. 4 18* d, 4 li 19Jd, 6 mer 17Jd, 9 mer AA ISJd, G 19d, 9 raer w A 17d, 7 mer h 17Jd, 8 raer W.B. 16d, 7 mer cotß 16d, 6 Ist mer cloth w 17d 24 pes 16Jd. 7 bels lljd. Lilburn: 14 Ist Jbd E 18Jd. G 2nd E 17Jd. Y.O. brand: 6 Corr E.A. 18Jd. 6 E.B. 18id. 4 li*t A 18>d, 4 h 17d, 4 h 17} d, 6 Jbd E 18Jd, 5 Jbd c B 17Jd. 4 Jbd E h 17Jd. 8 pes UJd. Island Hill: 11 Jbd E.A. IOJd, 18 Jbd E 17d. T. M. brand: 4 fino Jbd e 18d. Mark over Oraihl: 4 Jbd c 18d, 5 jbd nks and pes 153 d. Northwood: 20 Jbd 18d. 4 Jbd 16d,,C bels and pes 14jd. Denbrae: 6 jbd 19d. 4 Jbd h 19Jd, 4 bels and pes lGd. D over Montalto: 12 tup Jbd e 18Jd. 6 Jbd 16Jd. 6 Jbd pes 15d, 4 Jbd pes 173 d. Hirtpeak: 8 Jbd h 17d. 15 17d. 4 fine Jbd h A\d, 8 Jbd w A 18Jd. 12 Jbd w B 18d. 6 fine Jbd w 16Jd. Hishpenk: 21 jbd e A 18} d. 23 Jbd e B 17Jd. 10 fine Jbd e 15Jd. 9 eots lad, 4 Jbd h IGJd. 7 Jbd and Jbd 143 d. 19 pes 15d, 4 pes 133 d. Kinlock: 6 Jbd e and h ISJd. 5 Jbd e 17jd. 4 Jbd h and w 173 d, 9 Jbd e ISJd, 5 Jbd h 14|d. 7 xbd e 123 d. 4 xbd h 13d. 4 xbd e and h lljd. 6 jbd e and h pes and bels 13} d. Wharf dale: 17 Jbd e A 19d, 9 jbd e B 18d, 4 jbd h lSd. Hackfall: 11 jbd e and vr 19Jd, 6 Jbd e and w 15Jd. 5 Jbd w 14Jd. 5 xbd e and w lljd, 4 Jbd pes and beU lljd. Montalto: 4 Jbd 18jd. 1 18d. 8 Jbd 15Jd, 4 Jbd lljd, 6 xbd 12Jd, 4 12d.

SOUTH AUSTRALIAN LOAN. LONDON, February 8. Subscribers to the South Australian loan were allotted 19} per cent, of their applications. Dealinn onened at oar.