DUNEDIN SALE OF CRUTCHINGS

Press, Volume XC, Issue 27427, 13 August 1954, Page 15

DUNEDIN SALE OF CRUTCHINGS

HARDENING TENDENCY (New Zealand Press Association) DUNEDIN. August 12. There was a good catalogue of crossbred crutchings. but fleece wool was inclined to be discoloured and showing a fair amount of seed, at the combined Dunedin-InvercargiH wool and crutching sale today. Top price for the sale was 60Jd for one line of crutchings and for other betterclass lines values ranged from 54d to 57jd. Good to average class brought 40d to 49d, and stained and seedy lots 34d to 39. There was a total of 9500 bales of crutchings, fleece, and straggler wool and oddments in the sale compared with the October auction. Prices for all the better class crossbred crutchings were on par, but less attractive lines did not bring such good values. Considering the condition of the fleece wool, prices were fairly good. Poorer sorts, however, had a slower sale. There was a good representation of buyers and bidding was bright and, at times, lively for the stronger-class Crutchings. The same interest was not shown in the finer wools, but this could probably be attributed to the class and condition. Competition from overseas was prominent, and these buyers secured the bulk of the catalogues. In the early stages local buyers appeared to be inactive. and Bradford buyers were mainly' in evidence. The sale concluded at 1.30 p.m. with almost a full clearance. Official Report The offering of crutchings waft of good colour and style, states the official report issued by the Dunedin Woolbrokers’ Association in conjunction with the New Zealand Wool Commission. Prices showed a hardening tendency on the recent northern crutching sales, and must be considered as a satisfactory indication for a good opening main sale on October 27. Values were firm compared with the prices for crutchings at this time last year. The Invercargill offering was sold before the Dunedin catalogue, states the report.

COMPANIES REGISTERED Registration of the following companies is notified in the current issue of the ‘‘Mercantile Gazette’’:— Dixon (Christchurch), Ltd. Private company, July 28; Press lane, Christchurch. Capital: £5OO in £1 shares. Subscribers: Christchurch, G. M. Boanas 180, S. E. Boanas 120, J. D. and R. B. Lake 200 jointly. Objects: Stationers and incidental. Domestic Securities, Ltd. Private company, July 28. Capital: £lOOO in £1 shares. Subscribers: Timaru, R. J. Moyes 100, C. F. Moyes 400; Levels, W. B. Cartwright 100, M. Cartwright 400. Objects: Mortgage, loan and finance company. Roneo Printing Works, Ltd. Private company, July 29; 160-8 High street, Christchurch. Capital: £1650 in £1 shares. Subscribers: Christchurch, F. K. Bate 600, A. R. Bellaney 50, A. G. Holder, Ltd., 100, J. Webb 100, W. E. Webb* 150; Wellington, A. S. Winton 300, J. M. Winton 100, A. S. Winton Holdings, Ltd., 250. Objects: Acquire printing business “C. E. Rose and Company,” and incidental. Thompson Brothers Service Station, Ltd. Private company, July 29; 40 Oxford terrace. Capital: £BOOO in £1 shares. Subscribers: Christchurch, W. J. Thompson 1002, V. R. and H. N. Thompson 1999 each. Objects: Service station proprietors end incidental. Gift House, Ltd. Private company, July 29; 162 High street. Capital: £2OOO in £1 shares. Subscribers: Christchurch. G. L. and A. O. Lawson 1000 each. Objects: Jewellers and incidental. South Island Holdings, Ltd. Private company, July 30! Capital: £2OOO in £1 shares. Subscribers: Lyttelton, A. W. H. Falla 1999; Christchurch, G. C. Weston 1. Objects: Dealing in motor, vehicles and incidental. Windsor Milk Bar, Ltd. Transferred road Dunedin re S istr y- Office: 96 Blighs Kaiapoi Shoe Store, Ltd. Private company, August 3; High street, Kaiapoi. Capital: £6OO in £1 shares. Subscribers: Kaiapoi, O. F. Graham 499, P. N. Graham 1. Objects: Bootmakers and incidental. Increase of Capital Barton (H. C. and B.), Ltd. Capital increased from £2OOO to £7OOO.

The range of prices was:— d. d. Merino— Average to good .. .. ‘34 to 40 Halfbred— Good to super .. .. 41 to 43J Average to good .. .. 35 to 40 Fine Crossbred— Good to super .. .. 44 to 48 Average ,to good .. .. 40 to 43 Inferior .. .. .. 35 to 38 Crossbred— Good to super .. .. 54 to 57J Average to Good .. .. 45 to 49 Inferior .. .. .. 36 to 39 Coarse Crutchings— 44/46's .. .. .. 58 to 60J