Wool Sales

Cromwell Argus, Volume XLIII, Issue 2282, 29 January 1912, Page 5

Wool Sales

WELL 'JON I)mON EI >UU lAS. MEET KEEN COMPETITION, ADVANCE IN I*ll ICES. Tilts second wool sale of this scasonV Dunedin series began at 5) a.m on Tuesday at the Ait Callerv Hall, and tlic result was eminently satisfactory to growers. Tbo catalogues sub milled by Ibe seven firms of selling brokers aggregated 21,302 biles, and comprised in them were some of the finest wools in Otago, which me this year in partieulary good condition The top lines were partieulary well grown and sound in the staple, and owing to the wet season were in ex ceptionally light condition. They met with the keenest of competition, and an exceedingly strong sale re suited, the tendency of prices being to show an advance on the rates ruling at the hist sale in December For lleece wool of all desei jptions the market was appreciably firmer, and this applied particularly to the finer wools, those suitable for America showing sin advance (in some, coses of up to .*d lb) on December values The high price of 13 Id lb was re:d ised fairly early in Die sale for a nine-bale lot of meib o wool, (Ids be ing at (lie time of sale tin* lop price obtained (bis season in (be Dominion It was no uncommon tiling for half bred wool, or even for cross-lire.l woo', to exceed or reach Is. Pieces ami locks also found exceedinglv good sale ami generally speaking they participated in the r se. One of (,1m features of tbo sale was the strong competition coining from the. Continental section among the buyers. Anv lot of merino wool was much sought after by (be loc d mil’s, and tlm Americans most.lv confined themselves to light conditioned fine half-bred and cross bred, passing over anv of these hits that were tender. There was a demand from Dontinental Inners foi half-bred pieces, some pieces in consequence soiling very well. Altogether a rise of dd per lb could be quoted Local-grown clips realised the following prices:—l. Faulks (Makarora) 2-5 bales half bred ewe, 10)1, lo bales halfbred wether lo.pl, 2 hales ha 1 (bred hogget Kid. IJ. Siaepoole (Bendigo) 8 hales half bred !Opl. Dr Hyde (Morven Hills' 7 hales first e.oniliing merino ,\ i 10.’.i1. 1 ■> bde«- first com'dag merino bp I. .1. Fanll:s (Alai.'firo M •> bile* combing merino bid. W. Kingan fMaqgawera) 10 bales fine merino 10|d. Fi. A. Jollv (Tarras) J hales first combing merino fid. .1. Faulks (Makarora) S hales first pieces 1 (iA< 1. 12 hales second pieces !ld. William K'ngan (Manngnvcra) 5 bales firsl lialfbml pieces Ud, N bales first merino pieces Si)d. (Jroiubio Bros, and Parcel I ("Bannockburn) f bales lialfbml hogget 1» i<l. Afanson and Holloway CBannncklmrn) A bales merino ewe b.bl. Taylor Bros. (Hawea Flat) 5 bales merino bid. 11 it eh it’ Bros. ( Bannockburn) (I hales first combing merino wether I*s/1. John Meade (Tarras) halfhred tp/d. William Kingan (Manngawera) 12 bales fine halfhred 10J. K. M. Tiirnh.ill (Wanaka) 22 hales first combing halfhred 10, pi, F. Partridge, 0 ha(es ft.UV T. Johnson, halfhred "gifd qnav-ferbred pM, crossbred Qld. Maherp Downs 3Q pales first combing merino wether fijtd, 33 bales A A halfhred hogget 10|d, SO bales A A bglfbredewp lOd,