TIMARU WOOL SALE.

Press, Volume LXVII, Issue 20420, 15 December 1931, Page 12

TIMARU WOOL SALE.

STEADY DEMAND. CHRISTCHURCII VALUES MAINTAINED. Tito first of the Timaru wool sales of this season's scries was held in the Theatre Koyal, Timaru, yesterday, when there was a full bench of buyers representing Continental interests. The main body of the theatre, was partially filled by an interested gallery of farmers and others. The first salo of the season in the South Canterbury centre in previous years, with the exception of 1930, has always attracted a largo offering well up to a high limit, but yesterday's offering, as was that at the first sale of last season, was a small one. The individual brokers' catalogues and the order. . of sale were as follows: — Bales. Pyne, Gould, Guinness, Ltd. .. 1250 Canterbury Fanners' Co-op. Association, Ltd. .. •• ,2000 N.Z. Loan and Mercantile Agency Co., Ltd. .. • • ' • • • 320 National Mortgage and Agency •Co. of N.Z., Ltd. .. ■ ..1700 Dalgcty and Co., Ltd. .. •• 2500 Total .. • • • • 7770 At the first sale of last season the offering was 5888 bales, and at the first auction of the 1929-30 season 12,251. Representative Offering. Although in actual figures the offering was not large, it was representative of all classes of the clip in South Canterbury, and a great deal of interest attached to the auction, as it was the first since the Christchurch salo of last ' week, when values for the fine better-class wools showed a. definite improvement in values as compared with the discouraging auctions in the North Island at the commencement of the season. The Christchurch range of values was fully confirmed as the ruling basis, with no. hint of further appreciation. This was considered by all interested to be satisfactory and no more was expected, while the continued steady demand for fine wools, was most encouraging. • ' It has to be explained before making a comparison of the values secured' yesterday with those secured at the Christchurch sale that the season in South Canterbury has been a very hard one for wool with feed very scarce in many parts and a prolonged dry period when assistance in growth is so needed to ensure quality clips. Much of the offering in Timaru opened up poorly. No.t much tenderness was in evidence, but many of the lots were dusty, and the difficult spring had ■ so 1 retarded growth in many instances that the wool was ill-grown, fine in the body, and harsh at the tips. The best of the wools sold would be little above good topmaking class. At-the Christchurch sale, of course, there were many clips fo extra super class. • , Buying Points. s ln regard to the buying points of the auction it was noticeable that the Continental' buyers, * who are well catered for by the class of wool forward for the South . Canterbury sales,' and who usually take the. lion's share of the wool sold at auction, had to face a keen competition from V Bradford buyers which •fras ' throughout tbe. sale> ■while I;he locapmills also? irfade 7 ?i -shaTp pace for the super lots, which secured for, them "a fair proportion of the offering; .German and' French 'tives were particularly ■free bidders for 'the 'fine wools; but there was still; no elasticity, evident in the limits as outlined by' values ruling in Christchurch 'last'week-;. • ■ ' Mae on liast Year's Opening. Compared with the opening sale last year super halfbreds, were better by lsd to 2d per lb, an advance of over 20. per cent. The demand was very consistent for all wools of 50 count or over. an& it was noticeable that a great num-, ber of lots of that type brought from B£d to 9£d." There was only a small representation of merino, but what there was. jsold to a good demand and -showed j an advance on an average of ljd to. Lsd on values ruling at the corresponding period last year. ,\The demand for three-quarterbred, as at Christchurch, was sound, and the top price secure'd for the class was 9sd secured on behalf of D. M. Gardiner, of WaihViorunga. Crossbred Not Sought. Crossbred wool showed no improvement in values as compared with earlier auctions in the North Island or in Christchurch and met dull competition throughout with low prices ruling. Tha top price reached was but the majority of the crossbred lots brought littlo better than 4^d —approximatelyTialf the price obtained for halfbred and Corriedale wool. Bradford appeared in the market for the coarse wools to a greater extent than did the Continent. Hogget Wool in Demand. Hogget wool was eagerly sought with the Continent entering strongly into the competition. It was in reduced supply possibly as the result of the heavy killings of fat lambs in Canterbury last season. It was in this class too, that the effect of the hard season? with conditions against proper growth of/the fleece, was most noticeable. Passings Numerous. Passings were fairly numerous, much more so than at Christchurch, and approximately 1100 bales failed to' change hands at auction. This represented about 14 per cent. The Top Prices. The top price for the salo was 10$ d. secured for three bales of super halfbred wool sold on account of H. G. Hanmor, of Albury, under the wellknown brand, A over JRanui. The top price secured for the Corriedale.. offered was 9d, this price being paid, for 4 bales of ewe wool sold on account of James Scarlett (Fairlie). The top price for crossbred wool of 7id was secured for 16 bales, sold on account of B. G. Clelland (Totara Valley). James Pringlc, of Cattle Valley, secured the best Merino price of Bd. The following is a range of values, with last year's figures for comparison: Dec. 1930. Dec. 1931. d. ,d. (1. d.

The principal sales were;— 2F over Hinds —Seven bales halfbred, .91(1; 11 bales halfbred owe, 8j&d; 14 bales halfbred hogget, 9d; 11 bales three-quarterbrcd ewe. 63d; 6 bales pieces, 62(1. TU —Six bales halfbred hogget, 81d. lil'H—Five bales halfbred hogget, Bsd. Tripp—Sovcn bales halfbred hogget, B|d. OUP —Ten bales halfbred ewe hogget, 6sd. Circled Dot—Thirteen bales halfbred, 9jd; 21 bales threo-quarterbred ewe, BJd; 4 bales halfbred bellies, 52d. H5 —Seven bales three-quarterbred ewo fleece, 6 Id. IP—Ten bales thrce-quartcrbred ew«, 63d. Bon Mclieod — : Four bales halfbred hogget, 9Jd; 5 bales, hogget, Old; 3 bales halfbred hoggot, 83d. ■ . Belmont —Five bales halfbred, Somi-cirole over S over Kaiwarua—Thirteen bales halfbred ewe, 9Jd; 71 bales halfbrod ewe, Old; 21' bales halfbred wether, . 83d; 34 bales halfbred: owe, 8d; 4 bales halfbred,-8 Jd; 4 bales halfbred hogget, 9Jd; 8 bales thrce-quartcrbred ewe, 7Jd; 5 bales threo-quai'terbred, 'fid;: 8 balos halfbred pieces, 8d; 14 bales halfbred pieces, 6*d; 10. bales halfbred ewe crutchings, SJd; 4 bales halfbred hogget crutchings, 3id. WB over Rockwood —Four bales halfbred ewe, 93d; 14 bales halfbred ewe, 9d; 15 bales three-quarterbrcd, 82d; 5 bales crossbred, 4id. Cairnforth—Six'bales halfbred ewe, 7Jd; 4 bales tbree-quarterbred ewe, 6d; 4 bales crossbred, 3Jd. Semi-circle over V—Four bales halfbred ewe, 9id. , Creelands —Seven bales halfbred, 9Jd; C hales halfbred hogget, 8d; 5 bales three-quar-terbred, 7id. Hazelburn—Six bales lialfbrod, 9Jd; C bales Corriedale hogget, 7sd. KK—Nine bales ewe, 4jd; 6 bales hogget, 4Jd. Loudon—Four bales halfbred ewe, 83d; 4 bales halfbred hogget, BJd; 14 bales threequartorbred owe, 8d; 10 bales three-quarter-bred hogget, 71d; 16 bales crossbred ewe. 7£d; 7 fifties crossbred ewe, 6id; 6 bales crossbred hogget, sd; 8 bales ewo pieces, 714; 4 bales hoggot pieces, 71d; 5 bales bellies, sid. Curve over A C—Four bales crossbred, 53d. 888 —Fivo bales halfbrod, BJd- "i ■ Reversed K s—Seven bales halfbred, 7|d; 4 bales three-quarterbred, sd; 5 bales threequarterbred, sijd. . Klephant over Hill—Twelve bales halfbred ewe. 9Jd; 4 bales halfbred hogget, £>Jdr 12 .bales halfbred ewe and hogget; 9Jd: 4 bales Tialfbred, BJd. ,T T—Four bales three-quarterbred ewe,, 71d: 5 bales three-quarterbred hogget, 6fd; 10 bales crossbred ewe, 6id; 6 hales crossbred ewe, 4Jd; 4 bales crossbred hogget, 4sd; 4 bales pieces, sid. ' C K over bar;. Four bates crossbred, 4Jd. :-G- Lazy T conjoined: Seven bales crossbrcu ewe, sid. Thorngieen: Ten bales ewe, 7Jd; 10 baleß three-quarterored hogget, OJd; 10 bales threequarterbred ewp, 5Jd; 8 bales crossbred ewe and hogget, 4Jd; 4 bales pieces hogget and owe, dd; 4 bales bellies, 38d. Awarima; Four bales hogget, Bid. EZ over Eversley": Five bales three-quarter-?>ied' ewe, 7Jd; 4 bales three-quarterbred ewe, 6Jd; 5 bales three-quarterbred hogget, 71d; 4 bales crossbred . ewe, 4}d. Stover: Five bales halfbred, 9Jd. 38: Seven bales halfbred ewe, 9d; 13 bales halfbred. ewe, B|d; 11 bales three-quarterbred ewe, 6d. Quamby: Ten bales halfbred hogget, 7d. Korari: Four bales three-quarterbred ewe, 7d; 4 bales crossbred ewe, 41d; 4 bales wossbTed. 4d. J Lazv P conjoined: Eight bales halfbred ewe,- 7Jd. . Two triangles, baso to base: Four bales halfbred ewe, 9d; 9 bales'halfbred ewe and Logget, 8d; 4 bales halfbred hogget, Bd. •AY conjoined: Five , bales three-quarter-bred, 6d. ■• '"'3 l: Eight bales halfbred, BJd; 11 bales tin ee-quarterbred, 7d; 13 , bales bellies and pieces, .Bid. Malebar: Four bales halfbred,- 7Jd; 4 bales tl'ree-quarterbred, 6d. atewai: Eight bales halfbred ewe; 7fd; 5 bales halfbred 6Wje, 7d; 7 bale# ewe; 6d; 7;%ale(r holfbnM bellies,r6id; & ! bale®-ewe orutchings/Ed. ' '•; Rocklands: Thirteen bales halfbred, 8d; 4'bales halfbred hogget, 7|d"; 11 bales threequarterbred, 6Jd; 14' bales three-quarterbred, ; 4|c|. ' - 1M: Four bales halfbred, 9Jd. Lazy V and 1': Fouf bales halfbred, 9Jd; ,4 bales three-quarterbred, 7|d; 4 bales crossbred, 6d. FS'over Hinds: Five bales halfbred ewe, eid. r,'.! •: . . Ranui: Four bales halfbred hcigget; 7Jd. 2F: 'Four bales halfbred 'hogget: 9£d. . Bivermead: Four bales halfbred hogget-, Sid. •RY over-Bar: Four bales halfbred ewe, BJJ. ' ■ ■■•:■ ■■ l>eepdale: • Four 'bales halfbred ewe,' 81d; 4 bales three-quarterbred ewe, : 6d. over' Bar : Four bales halftrfed ewe, 6|d. 1 Forest'•Downs; -Six bales merino hogget, ,8d; 6. bales halfbred hogget, ' Bid. - K 'WG in Sectangla: Fourteen" bales half* •bred ewe/:'94d> <6'. bales halfbred ,Jioggct, 9id; : 6 bales three-quarterbred, ewe, 6Jd; 7 bales . three-quarterbred hogget,; 6dAllandale: Sixteen' bales halfbred, 9£d; 8 bales three-quarterbred . halfbred eWe' crutcihings, 81d; 5 Tjales halfbred hogget crutchings, 2Jd.' HA: Four bales halfbred, 3d. Strathconan: Twelve bales halfbred ewe, 9Jd; 7 bales halfbred ewe, 9id; 18 bales halfbred ewe, 9Jd; 5 bales halfbred, 6d; 6 bales halfbred hogget, Bid; 6 bales halfbred hogget, 8d; 4 bales halfbred hoggot, 7|d; 4 bales three-quarterbred ewe, 6d; S bales three-quarterbred hogget, 6d; 8 bales halfbred neck pieces, 91d; 7 bales halfbred pieces, 8d; 4 bales three-quarterbred pieces, 6Jd; 4 balep halfbred bellies, 6id. 'Kinnoull: Ten bales halfbred ewe, 9Jd; 12 boles halfbred ewe, 9Jd: 15 bales halfbred ewo and wether, BJd; 6 bales halfbred, BJd; 9 bales halfbred hogget,' Bid; 7 bales threoquarterbred ewe, 7Sd; 8 bales •pieces, 7Jd; 10. bales pieces, 6£d; 4 b&les bellies, s§d; 5 bales ewe crutchings, 4d; 5 bales lambs crutchings, 32d DM: Nine bales halfbred ewe, BJd; 8 balos halfbred- hogget, 6£d. VX: Four bales Corriedale ewe, 9d; 6 bales three-quarterbred, 7ld; 4 bales pieces, 7jd. DM: Seven boles halfbred ewe, 8Id; 4 bales three-quarterbilad ewe, 51d. A over' Ranui: Three bales halfbred, 10ad; 4 bales halfbred hogget, 7Sd; 5 bales halfbred pieces, 73d. Bar over TO: Four bales halfbred 9d; six bales three-quarterbred ewe, Cd. : 4P: Seven bales halfbred hogget, 7d. Nimrod Downs: Eight bales halfbred, Rd. Mt. Potts:' Six bales halfbred, BJd. Gl: Six bales halfbred, BJdGV: Four bales Corriedale ewe, 81d. Craigmore: Seven bales' halfbred hogget, 72d; 5 bales halfbred ewe, 8d; 6 bales threequarterbred hogget, 7id; 5 bales crossbred heggot, 41d; 5 bales crossbred ewe, 4d; 10 bales necks, 7jd; 14 bales pieces, sd. Parimonui: Four bales three-quarterbred hogget, 62d; 4 bales three-quarterbred hogget, Gd; 4 boles crossbred owe, 4d; 5 bales necks, 03d; 4 bales pieces, 41d. Pentlow: Seven bales halfbred ewe, BJd; 7 bales three-quarterbred ewe, 6&d; 5 bales bellies and pieces, 4£d; 6 bales crutchings, 2jd. Bar Over JB: Six bales halfbred hoggel, 10Jd; 5 bales three-quarterbred hogget, 9Jd; 5 bales crutchings, 3Jd. Peelview: Five bales pieces, 82d. Dot Dash Dot: Five bales halfbred ewe, 9d; 7 bales halfbred ew.e, 7id. HK conjoined: Four bales halfbred hogget, 9id; 4 bales halfbred, 9d. AG: Six bales halfbre# hogget, BJd. Wattle Park: Five bales three-quarterbred licgget, 7d; 6 bales t"hree-quarterbred ewe, sijd; 5 bales three-quarterbred ewe, 4Jd; 9 bples three-quarterbred ewe, 4d; 4 brlos pieces, 53d. PX: Thirteen bales halfbred ewe, 7Jd;' 4 bales three-quarterbred hogget, Bid; 12 bnles three-quarterbred ewe, 5Jd; 4 bales bellies; 4Jd; 4 bales ewe ctutchings, 2d. Bar over JB: Fifteen bales halfbred ewe, 9?, d; 18 bales three-quarterbred ewe, BJd; 4. bales matted, 63d; 5 bales pieces, 7d; 4 bales bellies, 7d. liclfiold: Fourteen bales Corriedale ewe, BJd. « Mcikleburn: Five bales halfbred . hogget,. 7d Waimorie: Six bales .halfbred hogset, 7Jd; 4 bales halfbred hogget, 7d. Four-leaved Clover: Four bales three-quar-terbred hogget, 6Jd; 6 bales three-quartor-brod ewe, 63d; 4 bales pieces and bellies, s&d. Dalzell: Five bales halfbred hogget, £d; 4 balos halfbred hogget, 9d; 10 bales halfbred wether, 91d; 11 bales halfbrod wether, fid; 5 bales three-quarterbred wether, Bid; 5 bales halfbred wether, 73d; 4 bales hulfbred hogget pieces and bellies, 7Jd; 10 bales belfbred pieces and bellies, wether, 6Jd. PRICE OF SILVER. (BRITISH OFIJCIAX, WIHELESE.) RUGBY, December 12. Silver is quoted as follows: Spot: CO 1-lCd an ounce.. • Forward: 201 d an ounce.

MERINO— Super to 8* Medium ' 7 to 7} 7 to 8 . Inferior 5i to 6f H to 6J FINE HALFBEED- — 1 Super 74 to 8} 9 to 10} Medium 6 to 7-i 7 to 8J Inferior to 6' 6 to Gf MEDIUM H AEFBRED— " Super 'to 7f 8 to D Medium to 6$ Gj to 7*j Inferior 44'to 5} to 04 THBEE-QUARTEBBRED— Super .6 to 7 to Si Medium 5} to' 6 6J to 7J Inferior 4i to 5} 41 to 6J CROSSBRED—. Super 5j to 6 to 6£ Medium 4f to 51 4 to 4$ Inferior 32 to 4i 3 . to uj

Dec. 1930. Dec. 1931. d. d. d. d. HALFBRED PIECES— Good to Bupor 5J to 7i 6 to S Low to medium 34 to 4J 4J to 54 BELLIES—. Good to super ' 5 to 6 5 to Low to medium 3$ to 4} 3 to 4J THREE-QTJARTERBRED AND CROSSBRED PIECES— Good to super 4 to 5 5 to 7 Low to medium 2k to 3J 34 to 4} CRUTCHINGS — Medium to good 2i to 34 3 to 4 Inferior .. 14 to 2J 2 to 2$