THE WOOL SALES.

Evening Post, Volume LXXX, Issue 113, 9 November 1910, Page 4

THE WOOL SALES.

SATISFACTORY PRICES. AMERICANS LOOKING ON. All things considered, the opening wool sale of the season at the Town Hall yesterday was very successful so far as prices went. The wool was heavier in condition, and the sale date was mucn earlier than last year; other factors against very high prices were (in a measure) the heavy reserves placed upon the wool by many growers ; the absAice of American competition, although buyers for America were in attendance, but as onlookers, for there was not much wool in the sale suitable for their requirements. The attendance ot buyers was much larger than formerly, and there were some new faces among them. The get-up and classing of the wool was referred to Mr. Walter Hill by a Post reporter, who learned from that gentleman 1 -that wool that would have realised -Id to lgd per pound more than what it actually brought, was depre ciated solely through improper classing and insufficient skirting. Buyers were generally satisfied with brokers' arrangements for the display of the wool. The brokers' reports in the order of sale are as follow : — ABRAHAM AND WILLIAMS, LTD. There was a strong demand for all wools, and we estimate , that wool suitable for . the , Bradford section of the trade realised prices on a par with the corresponding sale of last year. Bellies and pieces also sold well. The wool opened up only in fair condition, a good proportion being badly grown and tender, and for this time of year carried a lot of grease. Some of our sales were as follows : — YV, bright crossbred, 9^d ; coarse crossbred, B|d ; pieces, 6d and 6^d. C and G-W, fine crossbred (ten der), 9d ; coarse hoggets, B|d ; coarse ewes, B£d; pieces, s|d. JM conj., hoggets, 9^d ; coarse ewes, B^d. NX over NX, fiJae crossbred mixed, 9jd. JK over S, Shropshire, l(Hd. Apa, scoured Lincoln, lid. JK and S over Momohaki, coarse crossbred B§d and B|d. Taitimu, fine, log-stained, B|d. LOAN AND MERCANTILE. The New Zealand Loan and Mercantile Agency Co.^ Ltd., report : — Our quota was '24B bales offered, and 220 sold under the hammer. Owing to the wet weather, -experienced during the past few weeks, and to the catalogues closing four days earlier than last year, the quantity offered .was less than half what was catalogued for the first sale last season. The present offering showed more condition, and was not so well grown as that of last year's. There was an unusually large attendance of buyers for an opening sale, and bidding was keen, and at times exciting. As anticipated, fine wools and superior crossbreds were lower by l^d to 2d per lb. as compared v/ith last November sale. On the other hand, coarse and medium crossbred, and skirtings were about on a level with the corresponding sale of last year. There was splendid competition for skirtings between local mills and buyers on French account. Some of our sales were as> follow . — HH in triangle, 21 bales crossbred hoggets, whethers, arid ewes, 9d ; PME, wethers, 9d; hoggets, S^d; ewes, 9d ; DJS/Kakaridges, half bred, lOd ; Cleveland crutchings 6|d ; R and S/O, Romney rams, 9^d ; WO, halfbred, lOd ; crossbred, lOd ; Raupiu, coarse crossbred, 8d ; Okiwi, crossbred, ' 9£d ; Greenbank Shropshire, lOfd ; FK/Otari,, crossbred hoggets, 9d ; IK/Otari, crossbred hoggets, 9|d. Our range of prices, as compared with 1909 sale, is as follows :—: —

*None offered. DALGETY AND CO. Messrs. Dalgety and Co., Ltd., report :— A total of 1295 bales was offered, out of which we contributed a catalogue of 400 bales. The whole of, oar catalogue was &old under the hammer, with the exception of 67 bales. There was an increased number of buyers present, representing English, Continental, American, and colonial firms, and competition, .wa^s animated through-

out the- sale. The wool in most cases opened up clean and bright, though it was much heavier in condition as compared with the first sale of last year. Prices for fleece wools, as compared with November sale last year, showed a decline of -Id to 2d per lb, with the exception of bellies and pieces, which were on a par with prices then ruling. The following table will give an indication of prices ruling, as compared with November, 1908 and 1909 :—

The highest prices realised by us were : Six bales of Romney-cross ewes, on account J. A. Wilson, Makirikiri, lOd ; four bales halfbred ewes, on account K. M'Kenzie, Levin, 10|d; three bales fine crossbred hoggets, on account A. D. Hathaway, Marlborough, 9£d; eleven bales Romney hoggets, on account G. M. Currie, Kai Iwi, 10^d ; three bales Romney wethers, on account G. M. Currie, Kai Twi, 9£d ; three bales halfbred, on account Westland Estate, Turakina, lOd ; three bales halfbred, on account M'Callum. Bros , Blenheim, 10^d; three bales h/ilfbred, on account James Draper, Blenheim, 10^d ; two bales fine crossbred, on account Feast Bros, Greytown, 9^d ; two bales crossbred, on account E. Law, Shannon, 9£d ; three bales fine crossbred, on account J. S. Field, Ohariu, 9^d ; six bales fine crossbred, on account Pike and Sons, Blenheim, 10^-d ; two bales crossbred hoggets, on account E. Draper, Pahautanui, 9£d ; nine bales crossbred, on account T. P. Lett, Masterton, 9jd : one bale Romney hoggets, on account G. Ackerman, Waituna. West, 10£ d; one bale halfbred ewes, 'on account F. M. Foster, Seddon, lOd ; eleven bales crossbred ewes, on account Westland Estate, lOd. LEVIN AND CO. Messrs. Levin and Co., Limited, report : — Our offering was 322 bales. Th© offering was small as compared with previous years, owing to the sale date being earlier than usual. The condition of the clips was somewhat disappointing, the wool being neither' a:> light, bright, nor as sound in staple as last year. There was an unusually large attendance of buyers, representing English, European, American, and New Zealand operators. Taking quality into consideration, prices opened at last November rates. The choice lines of last year were not offering, nor were buyers apparently inclined to repeat the extreme prices paid them for such lots, even if the wool had been available. American operators were present looking for blight, well-skirted, and classed lota, and had to go away disappointed. For the bulk of the medium and coarse crossbTeds, and also for bellies ' and pieces, there was strong competition, and growers must be pleased to find the season opening- on a par with last year. We topped the market with twelve bales halfbred from Marlborough at ll^d, and sold five bales of the same clip at lid, and three bales ot Southdown from Featherston at ■ lid. The following is the Tange of prices :—: —

The following are some of the. prices realised. Where the clip was sold last year the price then obtained is stated in brackets :— FFT/Homewood, 9£d ; GRS, 9£d; Fernside Farm, 9|d and 9M; FM/P, 10£ d, 94d, B^d;-AW/P, 9d ; Motoa, 9d, sd, 9d (9^d) ; J/Reddheugh, B|d (8id); RCC/Tarahuru, 9d (9|d) ; The Cliffs, lOd and 9£d; TWS, 9£d (lOd) ; AL in diamond, halfbred, ' lid (Hid), UJd (Hid), and 10£ d; Riverside Southdown, lid; HB Ketu halfbred, lOfd and lid. MURRAY, ROBERTS AND CO., LTD. The initial wool sale of the season was held at the Town Hall at 2 p.m. to-day, when a small catalogue of some j.oUO bales was offered to an attendance of buyers, more numerous than at any previous opening sale. Representatives from Yorkshire, America, France, Germany, and elsewhere occupied the buying benches, »vith a fair proportion of New Zealand woollen manufacturing companies' buyers, and local operators. Prices opened at about the level of last season for the ordinary medium-con-ditioned crossbreds, and, as was anticipated, the extreme values of last year for the better-conditioned parcels were not forthcoming. It should, however, be noted that on the average of the wool, as Bhown, the condition is from 2 to 3 per cent, heavier than last year. The halfbred we catalogued was also a good deal heavier in grease, and this must be taken into account in estimating values. No merino fleece was catalogued in this sale. What was probably the best line of Romney crossbred wool in the sale was spoilt by the inclusion of the belly wool, and would, if skirted, have made a, much, better price than was realised for it. There was a very strong demand for pieces, which sold at relatively much higher prices than fleece lots. We obtained up to B£d for one lot of bulky pieces. Prices ruling in the sale may be quoted as below: — Halfbred, superior, none offering, medium to good lo£d to ll^d, heavy and inferior 9d to 9£d ; fine crossbred and Romney, superior lOd to 10^d, medium to good 9d to 9gd, heavy and inferior 8d to B|d ; medium and coarse crossbred, superioi 9d to 9|d, medium to good B£d to B|d, heavy and inferior 7d to 7|d ; pieces, superior 7jd to B^d, medium to good 6dto6|d, heavy and inferior 4jdto Sjd. Some of the best sales made in our catalogue are us iollow : — Halfbred, from Pelorus Sound, LWT, ll^d ; crossbred, A.G.M., 10id: AJ/RAKAU, 10^d ; FVB/OHUI, 9|d; R reversed B, lOd ; pieces, Ruanui, h'rst pieces, B^d ; R.T.P., 7|d; bellies, Ruanui, 7id ; FFF, 7d. UNITED FARMERS' CO-OPERATIVE ASSOCIATION, Li'D. AND THE WAIRARAPA FARMERS* CO-OP-ERATIVE ASSOCIATION, LTD. The first wool sale of the season' was held to-day in the Town Hall. There was a good attendance of buyers. Catalogues comprising about 1200 bales were offered by brokers. As compared with first snle ot season 1909. prices for halfbred showed a decline of about 2d per lb. Fine crossbred^ were lower by about id to l£d per lb. Medium and coarse crossbreds sold at about same prices. Taken all round, wool this season is in much heavier condition. We quote as follows:— Half bred. 9d to lid; crossbred, fine 9£d to lid, medium and Romney B|d to 10£ d, heavy conditioned and log-stained 8d to B£d ; bellies and pieces, 6d to 7=d ; locks, 4d to sd.

WHEN YOU ARE KEPT AWAKE At night with that ticublesome Cough, remember that it can be speedily cured by Dr. Sheldon's, New .Discovery. Price, Is 6d and 3s per bottle. everywhere.— Advt.

Halfbred medium . Downs Crossbred super . . Crossbred medium Crossbred, coarse and inferior Locks Pieces and bellies Crutchings Nov., - 1909. d. d. 10* to 11£ 103 to 11 tol2i 8£ to 101 7 to 8£ 3|to 4 44 to 7£ 4 to 6 Nov., 1910. d. d. to 10 tolO| Bito 92 to 8 4 to 4£ sito 9 4ito 6|

JNov. 1909. Yesterday, d. d. d. d. Merinos 9^ to 10 * Halfbreds 9Jtol3£ 10£toll£ Superior fine crossbred 10 to 13 * Fin© crossbred ... — 10 to 10£ Medium crossbr-eds Bto 10 9to 9| Doarse crossbred 7to 9| Bto 8| Fnferior crossbreds 7 to 8 ' 7 to ti" Pieces and bellies, crossbred . . 5 to 6& 4 to '/ Locks ...^ ... 2to 4£ 3to 5£ *None offering.

Nov., Nov., Nov., 190 S. IDO9. 1910 d. d. d. d. d . d. Greasy halfbred ... 7 to 8 12 to 13i 10 to 10} Super crossbred ... sftoß Hitol2f 9 tolOi Medium cros&bied sfto6J B£tolO£ 7f to 8* [nferior crosbbred 5 to 5J Of to 8 7i Pieces 3 to 4} 5 to 7| 5J to 8£ Bellies 3 to4J 5 to 7f 5f to 7i Stained pieces and locks if to 2i 2 to 3 2| 3iutchings ... 1jt034- 4J to 5} 4i to 5f Dead 3 to If 7i to 74 71 to 8^