CHRISTCHURCH WOOL SALES.

Dominion, Volume 3, Issue 686, 10 December 1909, Page 10

CHRISTCHURCH WOOL SALES.

■■'...-;'' - ; ;,:■.- FINE SOETS EASIER. : .' ;.':■ . / : ■; . (By Telegraph—Press Ass,.elation.) .;'.:.. I :■[■-■■■'. .;■•.:■; Christchurch, December 9. The second of the current season's wool sales commenced to-day., There was a largo attend-anco-of buyers and. a keen demand for all descriptions. American " and Continental buyers oporated freely: local, buyers also participated more ' actively in :tho sale than ,at November, The auction offered aggregated 20,747 bales, as compared .villi 19,218 at the corresponding aala: last season.' Tho condition of the wool on tho wholo was aatisfactpry, although thoro wore complaints of much of it liavinc been shorn while tho Bheop was wet. Tho condition o! tho wool was heavier in-grease than at tho opening sale. Apparently in anticipation of oven higher values rullnß many owners placed heavy reserves on tho cllp3. Thcso not being, reached a fair amount'was paeued in. ; , ' following Is tho rango of prices .up to tho adjournmont:—Merino—Supen, USd. to 12id.: medium to good.lOJd; to Hid.;, inferior, 93d. to 10id. Half-bred-Bupor, 13Jd; to MJd.; medium to good, IDJd. to 13id.; inforior, 9Jd. to lOitl. ThrooQuarter-bred —Super, IZJd. to 13Jd.; medium to good, lCjd. to iyd.i inforior, 7id.- to.- lOld;'" Orosabrcd-Super, ijil. to 13id.; modiiini to -.Rood;- lCd. to 123 d.; inferior, • 7Mi to IOJd. Longwool—Super, iOd. to UJd.i medium to good, Old. to-Sijd.; inforior; 7d. to Bd/: Down wool-Super, lid. to 12d. j medium to Kood, IOJd. to ICJd.; inferior. 01d.,t0 10ld. Corrio-dalo-Su»er, 123 d. to 13Jd.i medium- ;to good,: ll»d. to Uid.i Jnlarlor. lCid.. t0.1Ud.: , . iPloces--Motlno,Bldr to.lOd.rtMee.auttxWir-bted, -6id. .to;

9jtl.; halfbrcd, 5d.-to Ud.; crossbred. M.. to 9Jd.j locks, 3kd. to 6Jd.; bellies, sid. to 83d.; 1 crutchings, 51d. to 6»d. .' . '. ■ + Tho opinion of buyers at the cud of tho sal? was that line wools were a shade easier, and medium and inferior • wools firmer. For-these classes thore. was. competition amongst ; local buyers,and speculators. Lot prices'at tho November, stile for ■■ the best halfbred''was 15id., whilst 14? d. was the highest prico reached today. It is admitted, howovor, that tho wool was in better condition for the November sale, and that the special clips that brought the highest prices were paddock sheep, whereas most of the besi. halfbred -and other line crossbred clips offered to-day were from hill stations. To-day there was more general competition among outside buyers. Two Continental buyers, who came over from Australia, were prominent in tho bidding along with American- buyers. A certain amount of business was also done for Bradford, but buyers from that quarter were not so prominent in their efforts to secure wool ,as the American and Continental representatives. Most of the small offering of Merino wool was takoii by the 'local woollen, mills, and local wool scourers secured a'larger r proportion of lines suitable for their business than at the previous sale.' It was'their competition that, no doubt, assisted the firm prices obtained for other than choice quality wools.