WOOL SALE.

Press, Volume LXVI, Issue 19852, 13 February 1930, Page 12

WOOL SALE.

A GOOD CLEARANCE.

IMPROVEMENT IN GOOD WOOLS.

The third of the current series of Christcliurch wool sales, which commenced in the Caledonian Hall on Tuesday night, was resumed yesterday Illuming a lid concluded at mid-day. Tho improvement in the market recurtled 011 Tuesday was fully maintained thioughout yesterday's offerings. All good classes of tine halfbred and crossbred ke;)t at a level ol about a halfpenny per lb 011 the rates recorded at Tiwaru, whilst medium grades and pieces maintained the best of the Tanaru values with a hardening tendency. As showing the desire tor wool tlie present levels, the actual passings over the whole catalogue did not exceed 7 per cent., but withdrawals prior to the sale increased the unsoKt proportion to about 10 per cent. Another satisfactory feature was that the wool was souglij. alter by a larger buying circle. At tho first auction, particularly, the strength of the market depended 011 one or two Continental buyers, aided by an Australian operator and local mills. But for their activity it is certain that prices 011 that occaKioit would not have been so satisfactory. On tho present occasion the principal of these operators was scarcely in the market. Local mills also bought sparingly compared to what they did at the preceding sales, but there was greatly increased activity 011 the part of Bradford, which quarter was the main factor at tho present sale. America and Australia were also prominent, but French buying was much reduced and German operations were also less noticeable. Though there was very keen competition, buyers showed little disposition to stretch their limits.

The following were some of yesterday's representative sales:—

Stormlea: 4 Jbd e h 7d, 5 ctd 3d, 10 pes Bid. JN conj: 5 Corr e 9d. Swyncombe: 22' Ibd e 9id, 12 Jbd e Bd, 4 pes sd. Hosnock: 16 ibd e 9d, 21 Bid, ti ibd w 7d, 11 Ibd h 9id, 9 Bd, 10 ibd e B|d, 10 nks Bid, 11 pes 7d. 5 bels 6d, 5 Iks Bid. Thorndale over GB: 6 ibd e 13id, 8 |bd e Hid, 12 xbd.e 9Jd, 5 e (a) Bd, 8 pes Sid. F rev. Ij: 14 Jbd e 13} d. BJ rev.: 4 Oorr e Hid, 9 10} d. Mark in circle: 14 Oorr e lljd, 5 Sbd e 93d. Braekley: 4 ibd e IOJd, 5 jbd 9d, 5 ibd Bd. VCP over E: 6 xbd 6?d. 3 over dash: 4 ibd s|d. DO: 4 Jbd e Bd, 4 xbd.e Bd. Newpark: 5 eruts 61. Abbotsford: 4 xbd e Bd, 10 7|d, 4 ctd 7id, 4 xbd pes 43d. Korari Downs: 8 ibd e 9Jd, 8 91d,4 ibd h 9id, 5 pes 7id. Dash over U: 6 ibd Bid. O triangle: 6 ibd 5 Sbd 9d, 5 xbd 73d, 4 pes and bels 6jjd. Algidus: 8 mer 113 d, 4 mer h IOJd, 9 mer 10Jd. Oakwood: 5 ibd Bid. CT: 5 ibd Bid. The Doone: 7 ibd e 10d, 6 91d, 9 ®d, 4 ctd 83d. Pyne, Gould, Gninness, Ltd., sold: —32 ever Pendarves: 5 ibd 9id. XU: 4 3bd e BJd. R4: 6 ibd e 10id, 5 Jbd e BJd. Keirunga: 5 Corr e lOd, 9 81d, 5 Corr h aid, 6 Pcb 73d. "DY: 4 Jbd e 9id. Lowmount: 4 ibd e 9Jd, 5 jbd e 9Jd. Spye: 17 ibd e 103 d, 5 ibd h 9id, 8 lljd, 4 llld, 4 pes Bid, 4 63d, 4 bels 53d, 4 cruts sd. 92: 5 Sbd 73d. Seven Hills over 84: 5 ibd e 12d. Alaska: 9 3bd e B|d. \VI over Grey Lvnn: 4 ibd lOd. J rev.: G ibd e 103 d, 4 3bd e Bd. ER over circle: 4 ibd e lOd. JTL: 4 mor 113 d. Rapunui: 5 lambs 81d. P7: 7 ibd e llld, 9 101 d, 4 |bd e 9d. W2: 8 ibd e Old, 5 xbd e 73d. Lake Raupo: 12 ibd e 10|d, 8 3bd e 91d, 4 ibd h 9d. RR re v eonj: 13 Corr e lOd, 5 Corr h 9d. 4 3bd e 9d, 4 xbd e 73d, Trelisie: .6 ibd 12d, 9 12d. Glazebrook: 8 mer lOd. Grampians over North Canterbury: 41 comeback lOld » ibd 93d, 13 ibd h 10id, 3 pes BJd, 6 bels Id, 4 Iks 3id. Square over T.J.M.: 4 3bd e 9Jd. Dash over 4H: 4 ibd e IOJd. BJ rev: 5 ibd 9Jd. Mt. Grey: 7 ibd o 83d. Oranga: 7 ibd e 91d, 10 Jbd e 91d, 4 xbd e Bd, 4 Jbd pes 6Jd. Glenoya: 7 ibd e IOJd. XP: 8 ibd 9d, 5 3bd Bd. Bradmean: 13 ibd e lOd, 17 lOd, 8 pes 73d. AH: 4 Jbd w IOJd, 4 mere- 93d, 4 mer w lljd, 4 lOd. 4 83d. 7 pes 73d, 11 7d. XX: 7 ibd BJd. JA conj: 4 ibd 9id. Ballindallach over WD: 13 ibd lOd, 14 93d, 4 Sbd 7|d, 6 bels •nd pes 63d. H over EG: 5 3bd e 9id, 4 xbd e 7Jd. ODT: 4 ibd lOld. EHW: 8 ibd lOd. Castles: 9 xbd e 91d, 13 aid, 4 jbd e Bd, 4 pes s|d. A over Caton's Bat: 6 xbd Bd, 8 73d, 11 ctd Bd. 4 pes 4id. 'A ever Mt. Clair': 6 xbd Bld, 6 73d, 4 ctd 7d. Bolton: 5 mere 83d, 4 9id. P over HJ: 5 ibd 113 d, 10 113 d, 16 3bd e lOd, 6 9d, 9 xbd e B}d, 17 Bd, 6 ibd h 9d, 4 pes 7d, 8 xbd pes 6d, 5 nks 63d. 4 bels sd. Kaiora: 11 3bd 9Jd, 10 xbd e 83d, 5 Sbd h 9d, 6 lambs 83d. BW over Z: 7 mer 93d, 13 Corr e 10id, 6 83d, 6 Southdown e 9id. T over 6 on side: 8 ibd e 103 d. Freshibd e 12d - 6 i bd «W. 4 ibd n_loJd, 5 pea 6id. Kossendale: 10 Corr 2?*, 7 Hazlehurst over GH: 15 Oorr e »Jd. FCL over The Downs: 8 Corr e lOd, 6 93d, 4 bels 71d. Gleneoe: 7 3bd 91d. CWB: 9 ibd 9d, 5 Bd, 4 pes 63d. IX: 6 xbd Bd. C 3: 10 ibd 9d. Eskvale: 7 ibd ? . • P ' Sbd 9id. GJ reverse conjoined: 14 ibd 9id, 6 xbd Bd. Craigieburn: 18 ibd 10id, 18- 93d, 5 Sbd 91d, 6 ibd h 9id, 5 sandy ibd 73d, 7 mer 9|d, 4 pes Bd, 6 7d, 6 bels 6}d, 4 Iks 3|d. Laverick's Bay over K in diamond: 7 3bd «ld, 17 Sbd Bid, 30 xbd 81d, 9 Bd, 8 ctd 'id, 8 xbd Bid. 4 3bd h Bid, 4 xbd h ®Jd, 7 lambs 73d, 4 Sbd pes 61d, 13 xbd pes 61d, 4 6d, 7 bels sid, 6 crut 6d. BP: 10 Bomney 81d, 4 Romney h Bd. 1" Avoca: 5 ibd 9id, 6 83d, 7 ibd sandy 7id. 2D.R. over circle: 8 xbd e 73d. E.L.: 6 ibd • 103 d. 86 Loglands: 9 Sbd e Bid, 4 xbd ftd, S Sbd pes 53d. ZZ: 6 ibd lOld, 6 Xbd e 93d, 6 Bd. R2: 4 ibd 9|d, 4 Jbd Sd. G3 over WS: 13 ibd e 93d, 10 ibd Si 9Jd, 5 bels and pes 63d. T and T reverged: 10 ibd e 91d. 28: 4 ibd 93d. SR over O: 4 Corr 10id. Glendhu: 4 pes 6Jd. P7: 5 Sbd 9Jd, sxbd Bd. Roundtop over M over dash: 18 ibd e 93d. Arc over W: 4 ibd e IOJd, 5 Sbd e BJd. TF.G.H.; 4 Jbd e 93d, 7 xbd e BJd, 8 ibd h Bd, 4 xbd b BJd, 5 pes 7d. Mt. Mason: S3 ibd e llid, 8 ibd e lid, 12 ibd e JOJd, 4 bel* 6Jd, 18. xbd 81d. 1 in circle: f> h 12Jd, 4 pes 83d. Waiau Downs: 9 Jbd e IOJd, 4 ibd b 91d. Moana: 5 Jbd # 93d. W over P: 4 Sbd e 7Jd. ITHD: j 39 xbd Bid, 6 Bld, 4 84d, 11 Bid. Kaingaptt Z6 Romn«7 It 81d,

National Mortgage and Agency Co., Ltd., sold:—P.H. over H: '4 xbd 9d. JB: 6 xbd BJd. Lockleigh: 4 ibd e lO.id. YV: 4 Sbd 9d. L 9: 4 ibd Hid, 4 IOJd. Bash over \VT: 21 ibd lljd, 6 bels and pes Bd. K2: 4 ibd IOJd. Pyramid over H: 4 xbd Bd. YT over dash: 7 xbd e Bid, 4 xbd h BJd. Helmsdale: 5 3bd e 92d. Gowanlea: 4 Jbd 93d, 5 3bd BJd. IIA: 8 Jbd w 9Jd, 5 h lOd. Dash over 0: 4 ibd 9Jd. H over U: 5 Jbd h 93d. OL: 4 Jbd e IOJd. SU: 4 Jbd e 83d. J6: 8 3bd e 83d, 4 pes 53d. Braemyle: 5 Corr 10£ d. Toppesfield: 5 Corr h 9d, 10 e IOJd, 5 3bd e IOJd, 6 Corr pes and bels 7Jd. MP: 4 Jbd h 9id, 11 ibd e IOJd, 6 ibd e lOd. M 7: 5 ibd h 83d, 5 3bd h Bd, 13 ibd e IOJd, 8 lOd, 9 3bd o 83d, 8 xbd e 6d, 4 crut 73d, 5 pes 7id, 0 6d. Are over J: 4 ibd h 9id, 5 xbd e 73d. Hillcrest: 11 ibd h lOd, 23 9Jd, 14 Jbd h 9Jd, 16 bels and pes 7d, 5 ibd e IOJd, 8 Sbd e 93d. Clearview over TG: 4 mer 93d, 7 ibd IOJd. Y: 5 ibd 10id, 4 3bd 9Jd. CrJ over RM: 6 xbd Bid. PL: 5 xbd BJd. KY: 4 Jbd h 93d, 6 ibd e lOd, 9 ibd e 9d, 4 xbd e 73d, 5 bels and pes 6Jd. 7W: 5 3bd e 9Jd. GO over mark: 5 ibd h 93d. C 5: 10 ibd e 93d, 7 3bd e 83d, 4 bels and pes CJd. RM: 6 ibd IOJd. 52: 7 Corr e IOJd, 12 93d, 9 3bd e 9Jd, 5 pes 7d. 55: 4 xbd 63d. 4H over Grove Farm: 4 ibd e 103 d, 4 xbd 83d, 4 etd Bd. Dash over HR: 4 ibd 103 d, 4 xbd B:Jd. ML over A: 9 xbd Bd. C2: 7 ibd e 93d, 7 ibd e 9Jd, 7 3bd e 9}d. IIA: 5 |bd h 9£d. YYY: 6 xbd Bid. MA: 4 3bd e BJd, 4 xbd e BJd. liuapiuia:' 10 pes Bid. H: 22 Corr e 13d, 7 pes BJd. TW over MV: 5 xbd Bd. N3: 10 Jbd 93d. JA: 7 Corr 83d. RM: 5 3bd lOd. HB over dash: 5 3bd Did, 4 xbd 83d. Somerset: 14 ibd lid, 5 83d, 6 Jbd 83d, 6 pes BJd, 4 bels 63d.«Dash over TF: 6 3bd e BJd. Evandale; 7 ibd e 93d. PHU over Maunganui: 15 xbd e Bid, 21 73d, 10 7id, 38 xbd w Bid, 14 7ffd. 9 oes sd. 5 bels 4?. d, 8 h BJd, 6 lambs 7Jd, 4 crut 3Jd. HI: 5 h lid, 10 Jbd llsd, 5 3bd lOd, -t xbd Bid, 6 pes and bels 7id. SY: 7 ibd IOJd, Terraee Farm: 14 Jbd IOJd, 4 Jbd afid, G xbd Bd. 5 ibd h lOd, 7 pes and bels ssd. Clearwell: 4 xbd Bd. OE: 5 Jbd o lOd. Swinnybeek: 5 ibd e 9id. A.G.: 4 Jbd e BJd, 4 xbd 73d. Clearwell: 6 ibd lid, 6 3bd Bid, 5 xbd Bid, 4 pcß 63d. PR: 8 ibd 9Jd. OHO: 7 ibd e 7Jd. 63d. UR: 8 ibd 9id, 4 3bd e 9d. Fairlands: 5 ibd lOd, 5 3bd 7id. K.A.: 7 ibd e lOd, 4 2bd h 9id, 6 3bd e 9Jd, 9 xbd e and h Bd. F.A.: 4 cotted bid, 6 pes 53d. Dash over ZA: 6 Jbd e IOJd, 4 xbd e Bd, 4 pes sid.

CHRISTCHURCH WOOLBROKERS' ASSOCIATION.

OFFICIAL REPORT. The third wool sale of the season was held in the Caledonian Hall, commencing at 7.30 p.m. on Tuesday evening, when 22,108 bales were submitted by auction. There was a medium selection of fine quality wools, most of which were dusty and discoloured, while a big percentage were tender and broken. The few super lots offered met with keen competition from local mills and America, and bidding was spirited throughout .the sale at reduced limits. The following is the range of prices: d. d.

WOOL SALES AT MELBOURNE.

(rrWITED PRESS ' ASSOCIATION—B* . LECTRIC •TELEGHAPH—COPYRIGHT.) MELBOURNE, February 12. At the "wool sales 3350 bales were offered. There was a good .selection, and excellent competition. Prices were approximately 5 per cent, higher than at the last Melbourne sales in January.

SYDNEY WOOL SALES. " ('Received February 12th, 9.50 p.m.) SYDNEY, February 12. At the wool sales the offerings were 10,773 bales, of which there were sold 9569, and 792 were sold privately. The market is still firm, with good general competition. Inferior crossbreds Bhowed irregularity. Greasy merino fleece brought 17id.

MONEY CLUB.

SYDENHAM AND SUBURBAN. The annual meeting of shareholders of the Sydenham and Suburban Co-operative Money Club was held laßt night. There was a fair attendance. The report for the half-year ending December 31st, 1929, showed that the share list had closed with 1880 members, holding 10,208 shares. The number of loans granted was 287, amounting to £21,486.183 3d. The number of borrowers on the books was 458, and the total amount of interest corned £3518 6s 3d. The total receipts for the half-year were £35,083 19s 3d. The Bum of £487 12s lid had been disbursed in payment of accounts, salaries, etc. The committee recommended that a dividend at the rate of 8d in the pound up to £IOO be added to each complete 20s standing to members' credit Qn December 31st, 1929, and that amounts over £IOO receive dividends at the rate of 5 per cent, per annum on each complete 20s for the half-year; that the reserve fund be increased to £3000; that the committee receive a bonus of £43 la, and the auditors a bonus of £23 10s each, and that the balance, after paying interest on deposits, b» carried forward The report and balancesheet were adopted. The folloTring officers were elected:—President, Mr G. W. J. Parsons; vice-president, Mr H. Duckworth; trustees, Messrs R. Wright and D. J. Eound; committee, Messrs O. Jacobson and F. J. Jacobson; secretary, Mr H. V. Hunt; auditors, Messrs M. W. Woodfield and T. F. Hall. SILVER QUOTATIONS. RUGBY, February 11. Silver is quoted as under: Spot. 20 3-16 d. Forward, 20 l-16d. COLOMBO TEA SALES. (PRXSS ASSOCIATION TELKGBAU.) DUNEDIN, February 12. The quantity offered at this week's tea auction in Colombo amounted to 2,210,0001b. The quality showed an improvement, and all advanced two to three cents, with the exception of commons, which were steady at last week's figures. Next week's catalogues will total 2,200,0001b.

The Top Prices. The top price of the sa le was 13i</ for ten bales of Corriedale ewe, Glena^ fric brand. Eight bales of Lammermoor Corriedale made 13Jd and 13 of Whiterock Mains Corriedale the same. Best halfbred price was for six bales of Tliorndale over GB. The highest merino price was llld, for eight bales, Algidus clip. Following is a range of values 00mpared with the preceding sale:— Jan. 30. Feb. .11. .Merino— s. s. s. s. Ex super -• — to 14 — — Sutler ..J 124 to 134 — to 111 Medium ... 11 to 12 94 to 104 Inferior ... 94 to 101 74 to 9 Corriedale— Eix Super ... — to 17J — — Super ... 13 to 144 — to 131 Medium ... Hi to 121 10 to 114 Inferior ... 91 to 11 8 to 91 Fine Halfbred — Ex Super ... — to 16$ — — Super ... 12J to 144 llf to 134 Medium ... 11 to 124 10 to 114 Inferior ... 94 to 101 8 to 9 Medium Halfbred— Ex Super ... — to 154 — — Super ... 121 to 134 114 to 124 Medium ... 104 to 12 94 to 11 Inferior ... 81 to 10 8 to 9 Coarse Halfbred— Super ... 114 to 12 — to 11 Medium ... 10 to 11 8} to 10 Inferior •• 73 to 9 74 io 84 Three-quarterbred— Super ... 104 to 114 — to 104 Medium ... 9 to 10 84 to 9 Inferior ... 8 to 8| 7 to. 8 Medium Crossbred — Super ... 9J to 10^ 84 to 9 Meaium ... 84 to 9 74 to 84 Inferior ... 74 to 84 61 to 74 Coarse Crossbred— Super ... 94 to 104 84 to 81 Medium ... 8 to 94 74 to 8 Inferior ... 7 to 73 6 to 7 Pieces — Merino ... — to 111 _ • — Best Jbd ... 9 to 13 8 to 9 Medium 4bd 64 to 84 54 to 74 Crossbred ... o to 74 4 to 64 Crutchings— Best ... 6 to 84 — to 7 Low to med. 3j to 54 24 to 44 Bellies— Best ... i 7 to 9 — to 74 Low to med. 5 to 6j 4 to 54 Locks— Best ... 5 to 6 34 to 44 Low to med. 34 to 4| 24 to 34

Merino, 64-70, 60-64— SuDer 10$ to Hi Average 9 to 10} Inferior .. 7 to 8$ Corriedalc— Super 11J to 13J Average 94 to 11} Inferior 8 to 9 Fine Halfbred, 58, 56-8, 56Super .. , . - 11* to 134 Average 9* to 11} Inferior 71 to 9 Medium Halfbred, 50-56, 50 Super 11 to 13 Average .. * .. '9 to 10£ Inferior 7 to 81 Coarse Halfbred, 48-50—~ Super 91 to 11 Average 8} to 9} Inferior 7 to 8 Pine Crossbred, 46-48— Super 9 to 9| Average 7$ to- 8f Inferior 6} to 71 Medium Crossbred, 44-46 — Super 8 to 81 Average 7} to 7| Inferior 6 to 7 Coarse 'Crossbred, 40-44— Average .. 7 to 7f Inferior .. 5i to 6} Bellies and Pieces— Merino good to super 7 to 8 Merino low to medium 6 to 6J Bailies-— Halfbred good to super 6 to 74 Halfbred low to medium 5 to 5} Pieces— Halfbred good to super 8 to 9} Halfbred low to medium 4} to 7i Bellies and PiecesCrossbred gfood to super 5i to 8 Crossbred low to medium 3} to 5 Crutchings— Medium to good 5 to 6} Inferior and seedy 24 to 4 Locks—■ Merino 3J to 41 Halfbred 3 to 4j Crossbred 21 to 3|