DALGETY AND COMPANY’S WOOL REPORT.

Lyttelton Times, Volume CV, Issue 12430, 20 February 1901, Page 6

DALGETY AND COMPANY’S WOOL REPORT.

[Dalgety and Company Limited, report: I The Wool Selling Season - of 1900-1901 was brought to a dose in the Hall of Commerce' ■yesterday, when the seven firms of selling brokers submitted catalogues . aggregating 4728 bales.' There was a large attendance of buyers —Yorkshire and Yew Zealand mills being, well represented, while; local scourers ■ were, as ;usual,'- in : evidence. Since our la'st auctions heroton.'the, 17th ult., the market has 'shown ;a, decided, fall .of id- per ib on all merino wools; jhalf-bredsyunlesß of good style, are also lower, |biit the coarser grades of cross-bred have, held ; their own at the" relatively -low rates ruling throughout the season. : ~Tiio fall in fine wools was almost to be expected, a-s a number of the New Zealand mills,' had-bought their twelve months’ •requirements,' :apd when their representatives stop operating |it is only natural ’that these wools should come : down to something like London parity. ’ , Our catalogue yesterday of 916 bales did’ not ■(contain many, attractive, lots, and as the sales throughout the day were somewhat .dragging," partly on account of:, the depressed market atHome, and falL in the price of merino'fops in .Bradford, but to a great extent duo to the ■exorbitant reserves placed upon so many of the lots by .sellers, withdrawals. ‘were heavy, and ■at .auction, we.only sold 370 bales'. "We hare disposed of , 253, bales privately since the sale at slight advances, whicli with’ 103 bales, sold' privately since our' auction' on the 17th 1 ult,, makes our total sales since last report 740 bales. Our offerings for the season in this centre ■amount to 4210 bales, and our. sales 2711 bales; while, our shipments have been much heavier than usual on account of so many of our clients preferring to take the chance of a substantial rise in the London market later on in the year., ■ Although the wool season has been a disappointment to: growers and buyers alike, , still the former must -remember 'Hie extravagant values_ realised for last season’s clip; said, averaging last .season’s and this season’s clipi together, good payable. prices havo been obtained for-the two years ; and although this iseason have been low, growers who have realised in the colony can rest assured that prices considerably above . London and Aus- - Italian parity have been'obtained. • : Oitr catalogue yesterday contained a large per-' centageof Chatham 'lsland, wools, which were,' as usual, rather discoloured ■ and: heavy, v,. > The following were-the ruling prices -at oursale yesterday:— . • ,

In isooured; wool we sold odd 'bales at up to 13d for merino and lid for half-bred. Some of our Seeding sales are' as follows: K/.R Chapman (Springbank), merino comb. 7d;'’Leicester E., 5Jd. ■ * ' '■ ' — over L B over Poplar Downs .('Mr L. Barker, Cheviot), 11 bales half-bred ewes, 6|tf. Threlkeld_ ('Mr P. O. Throlkeld,' Plaston), 7 bales half-bred ewes, 6Jd. ( over PT (Mr J. McCarthy, Prebblcton), 23

bales half-bred "W. 6id, and half-bred E. 6Jtf. ' HE (coup) 2 (Chalhama), 11 bales cross-bred. sd. TE (conj.) .Messrs Rutherford Bros., Lake Station, Waikari—Merino clothing to 6d; 88' pockets fleece, sd;, 93. pockets- Ist pieces, 534j."' 31 pockets bellies, 4£d; ,75 pockets locks, Sid. *« The Heading line of fleece passed in at 7d. Hayland—l4 bales A merino ?id, >l4 6f fi merino 6id, and 14 bales locks 3Jd. ■Scoured, N/K Chapman—Merino fleece ISd. pieces HJd to 12d, half-bred' belly pieces lOd, looks 9id.

Description. Super. Good. ■Medium. Interior. i <3. ■' d. d. d. d. d. ‘Merino , — , 'to ,7£! to 7. 5§ to 6i jElalfbreet. • — : to 6J 6 to 5 to'6 Crossbred 1 — 1 S£ to 6 , 5 to 5J "3| to 4J