WOOL SALES.

Lyttelton Times, Volume CXIV, Issue 13934, 16 December 1905, Page 7

WOOL SALES.

The overflow from .Thursday’s entries of wool, comprising a lengthy list of star lots, was offered at the Alexandra Hall yesterday, and, though buyers, naturally, were not so numerous as they were on the opening day, there ■was a sufficient gathering to- give the proceedings a lively air. The prices followed the trend indicated yesterday, ‘and the afternoon - was well advanced before business at auction was concluded. Altogether, the offerings comprised 23,528 bales, of- which 18,555 were sold, in the following order:— Bales Bales offered. sold. New Zealand Loan and Mercantile Agency Co. . . .2204 .1800 Frkdlander Bros. ■ . 863 703 Matson and Co. , . . .4150 3435 P. 0.- Tabari . . . 660 603. Pyue and Co. ... . 5504 4BGO N.Z. Farmers’ Co-op. Assn. 3573 3675 Dalgety and Co. . . 4162 8154 National Mortgage and Agency Co. . . . 1112 863 In addition Messrs- Matson and Com‘pauy sold 443 sacks of wool, and found buyers for 313 bales privately. Messrs Pyne and Company had an extra 402 bales catalogued, but the wool arrived too late -for valuation, and was not offered.

H. MATSON AND CO. We held our second series of' wool sales on December 14, when we submitted a catalogue comprising about 4150 bales raid 433 sacks of wool. We sold at auction 3435 bales and 433 sacks, and since the sale here sold privately 313 bales, leaving 387 bales to carry forward to the next sale, or to be otherwise dealt with. Our sample rooms, both at Addington and in Christchurch, presented a magnificent sight, the bulk of the clips having made a wonderful improvement this year; in fact, we can safely say that in no instance during the last ten years has it been l our pleasure to elfer a catalogue of such high-class wool. Both buyers and sellers, who visited our stores, expressed strong approval of the excellent system adopted by us in the management of our wool warehousing, as we displayed our wool for sale in every way complying with the conditions of sale by showing the bales top and bottom, and , affording every facility to enable buyers to inspect the wool with the greatest possible ease; in foot, it is quite an object lesson to visit our show rooms at a time like this when heavy catalogues are the order of the day, and firms, no matter how big their staff, have their energies taxed to the utmost to carry out their work in a proper and efficient manner, and display every lot to full advantage. This being a good opportunity to see how difficulties are overcome by various firms,, and clients’ interests looked after, we can safely say that no lot in our store suffered. Every lot was well shown. The' attendance of buyers was an exceptionally large one, and on no previous sale during the series has such keen competition been evinced. All sections of the trade bought with vigour; in fact, we think that our sale stood out as “ The Jew’s Eye ” of the series, and many flattering remarks wore passed by disinterested visitors to the show room and sale room upon our methods of conducting our business. Regarding prices, it can be practically said that ss

compared with last sale that they wore: Superior half-bred show an advance of Jd to Id, extra good half-bred and superior crossbred an advance of id to Jd, medium crossbreds show a drop of Jd to id, medium and rough lots of half-bred about the same, low grade cross-breds, such as Lincolns, Leioeslera and rough farmers’ parcels, show an irregular drop cf Id per lb. We quote as under: —Half-bred, extra choice, 12d to 13Jd, super lid to Hid, medium lOd to IOJd, inferior 9Jd 'to 9Jd; three-quarter-bred and cross-bred, extra choice lid to HJd, super IOJd to lOid. medium 9d to 19d, inferior Sd to 8j;d; merino, only a few bales; all bellies and pieces at exceptional prices, in excess of our anticipations. We would be glad to send you a, priced catalog te if you write us. The following is a list of the best sales made by ourselves; I’atih—l3td Captain M’Lean, Graenpark; Higham—l3d, W. Wilkinson, Ohertsey; EF conjoined—HJd, P. M’Farlaue, Hawarden; Kilsyth—HJd, K. A.;Forrester, Hurunui; L D—l2Jd, AY. I). Lewis, Culverden; 211 over Greenlands —HJd, E. Gebbie, Tcddlngton; NZ —12 jd, J. Nixon, Kirwee; Loudon —12$d, L. AVilson, Teddlngton; Eastcott —12|cl, Gardner Bros., Scargill; 62 —12Jd, A. Ancall, West Oxford; stroke in circle over Port Levy —l2d A. E. Fleming, Port Levy; Glenovls — Hd, AV. P. and W. C. Davie, Hawarden; M—--12, J. More, Lauriston; PC over stroke —12d, P. Chamberlain, Leeston; Stoke Grange—]2d, F. W. Euddcnklau, Springbank; Z ever Port Levy—HJd, H. H. Cholmoudelcy, Port Levy; Broadgate—HJd. W. Heed, Barfield; Onepunga—HJd, H. Stackhouse,_ Amberley; AViliowbauk —HJd, K. Pettigrew, AVaiau; D.7—HJd, J. Douds. Ashley; S Hid, A. Stubbs. East Oxford; 6.9—Hid, P. Fisher, East Oxford; B.AI —HJd, T. Blain, East Oxfold; V in cogwheel—Hid, J. M’Crostio, Ellesmere; FE over Kaiwcka —Hid. F. Elliott, The Peaks; K over AVainui—•Hid, J. Kennedy, Wainui; A.A over S—Hid, A. Allan, AVaiknri, A over Waipa-ra—lljd, P. Amor, Doyleston; TEB—HJd, E. T. Button, Peel Forest; 117—Hid, M. Cooney. Motukarara; HP over Akara —HJd. H. Piper, Duvauchellos; WY—HJd, Mrs Waterman, East Oxford. • 1383 DALGETY AND CO. Dalgety and Co., Limited,report:—About 23,000 bales wore catalogued at the second Christchurch wool sale on December 14 and 15. The wool generally opened up bright and attractive, and a large number of farmers’ lots, as well as station clips, were exceptionally clean and light in condition. A good muster of buyers rolled up, and competition for the best lines was all that growers could desire. As could only be expected with such a heavy offering, inferior and shabby wools suffered, and prices were considerably lower as compared with the earlier sales of the season. Competition was most animated for super lets of half-breds, and most of these wools were eventually knocked down to the New Zealand factories and American buyers. 'Continental and Yorkshire buyers took most of the medium halfbreds at satisfactory prices. The bulk of the medium and coarse cross-breds were bought for Bradford, but prices for these grades were disippeinting, and resulted in heavy withdrawals. The quantity of merinoes catalogued was comparatively small. Gcod sound combing wools met with a satisfactory demand; clothing and heavy-condi-tioned lots were slow of sale. Compared with the November sale, we quote super half-breds Jd to Id higher, good half-breds Jd higher, bright clean three-quarter-breds unchanged, medium and inferior threo-quar-tepbreda Jd to Jd lower, low cross-breds Jd to Id lower. Pieces sold-exceptionally well. Our own catalogue comprised 4162 bales, and included an exceptionally fine selection of wool. AVe sold at auction and immediately after the sale 3431 bales. Some of our most notable sale's were,:—N ovor.E. Chapman—--60 bales half-bred and three-quarter-bred fleece, averaging 12Jd (top price 13id, pieceup to lOjd). 1.T.8.—134 bales half-bred and three-quarter-bred Leicester fleece, averaging 12J (ton price ISJd). Serrat—l3s bales halfbred fleece, averaging fully 12d (top price 13d). Mt Grev—74 bales half-bred fleece, averaging 12d (top price HJd). Yalotta—l7o bales half-bred and cross-bred, averaging HJd (top price HJd). Hororata—92 bales half-bred and three-quarter-bred, averaging HJd (top price 12d). " AVaitohi Peaks—36 bales half-bred, averaging HJd full (fop price H|d, first pieces Hd). Brooksdale—6s bales half-bred and three-quarter-bred, aver-’ aging Hid (top price 13fd). G.H. over P.B. —173 bales cross-bred, lOd (top price 12id). Homebush—l93 bales half-bred and crossbred, averaging lOd (ton price Hd). Virginia—l2s ■ bales half-bred and three-quarter-bjred, averaging 10|d (top price, 67 bales at lid). AV.0.E.—63 bales merino, lOjd (top price Hid); 25 bales half-bred, lOd. The range of prices was as follows;—SuperMerino Hd to HJd, half-bred HJd to 13? d, cross-bred HJd to 12Jd; medium to good— Merino 10d to lOjd. half-bred IOJd to lUd, cross-bred 9Jd to lOAdt inferior—Merino BJd to 9Jd, half-bred 9Jd to lOjd, cross-bred Sid to 9id; bellies and pieces—Merino Rd to 9|d, half-bred BJd to Hd, cross-bred 6ld to 9d. 1013 NEW ZEALAND FAEMEES’ ASSOGIATION, New Zealand Farmers’ Association, of Canterbury, Limited.—AA r e held our second sale of the series at the Alexandra Hall, Christchurch, on Thursday and Friday, and are pleased to_ note that the attendance of English, 'Continental and American buyers is increasing every sale. This sale was remarkable for the very keen demand experienced from holders of American orders, and prices for all sorts of light . and well-grown halfbreds (provided that they .were free from skirts) must have been extremely satisfactory to, growers of these descriptions. Prices for such wools as these quite exceeded farmers’ expectations, and in the majority of cases values were quite a halfpenny above what was anticipated. The finer sorts of crossbreds and cleanest of strong wools were ilso exceedingly well competed for, and sold up to prices quite equal to those ruling here in November; but we regret to say that crossbreds of medium and inferior qualities showed, as we anticipated, a drop of quite a half-' penny to three-farthings per pound on the prices lately ruling. There were some very nice lots of well-grown merinoos offered, for which the local manufacturers seemed much keener, with the result that quite a halfpenny pet pound advance was noticeable. ‘Condition. —The condition of the wool was generally light and remarkably free from earth, but we feel bound to once more draw growers' attention to the lack of skirting, which absolutely shuts them out 'from any demand from American markets. To put this plainly, we would point out that the Americans are required to pay fivepence halfpenny per pound duty, and we can hardly expect them to purchase other than clean, wool under these conditions. Our catalogue, which was ready for buyers early on Monday morning, comprised three thoueand six hundred bales, and was made absolutely of wool submitted on growers’ accounts, of which we sold at auction 32145 bales, and are now in treaty for the disposal by private contract. AVe % congratulate our clients on what we consider the most successful sale that our Association has experienced,' and thank them for the increased support, which we take it is in appreciation of the 'Association's enterprise in increasing its up-to-date accommodation for the proper display of wools, and our determination to conduct our wool business on sound agency lines. We would also like to note our appreciation of. the unanimous support accorded to us by. the buyers. The various ranges in prices have boon so carefully reported upon by .me daily papers that it is not necessary to go into these, but wo beg to refer our clients and others to our price catalogue, which will be' posted to-day, or may be Jrad on, application at the office, Cashel Street, Christchurch. 939

i NEW ZEALAND/-LOAN AND MERCANTILE AGENCY COMPANY. ■J The New Zealand .Loan and Mercantile » Agency Company, Limited, reports; —Our i second series of sales was Reid yesterday, with - offerings totalling about 22,800 bales, -which ccnstitutss a record for any series yet held in New Zealand. There was a large atiendaroe of Home, foreign and local buyers, and the sales wore marked throughout by spirlt--1 ' ed competition for the better classes of halff i breds and cross-brcds. Merinoes were not much Inquired for and the lower qualities • especially were not in request. Coarse cross- | ' breds and lonsrwools suffered a decline in ‘ values, and shabby threo-quarter-breds were [ : also easier. Pieces and oddments sold well, t Compared with the November series, super t 1 half-tareds were id better, as much as 13|d being given for a specially good lino. Me- . rinoes were about on a par, and lower grade i cross-breds and longwools were id to Id lower. Showy three-qnarter-breda wore well • ■ maintained, but inferior were about id • lower. Pieces, bellies,, etc., realised rather - ' better values, lid being paid. for five bales - i of Kalwnra. ; i Our range of prices was:—Half-bred, 9d ) to 12|d; three-quarter-bred, BJd to Hid; r cross-bred, BJd to lOJd; merino, BJd to Hid; I bellies and pieces, GJd to lid. i , Our more noteworthy galea were:—Halfr bredI—'lCaiwara 1 —'ICaiwara (Ks'l) 121 d. CEO l®id. FJ ' (EHgt> 1%&. Pinaki 12d, Oleum-ore (HgU 12d, ■ Aohray Iffd, Anchor in Diamond H?d, ■ X, over Kaikouira MJd. Waipana <JHgt) 1 Hid, P 7 aijd, Arden tHgt) HJd. > Cross-bred—A.T 10!d, FHT 10»d, Anchor in a ! Diamond 10? d, ‘Waipapa IOJd, CM over Sca- ; field 10id, TS IOJd. Merino—K Hid, "Wai--1 paua lid. ' Three-quarter-bred—CEC Hid, T Pirrak- lid. Achrnv IOJd, L over Kaikoura, r IOJd J'H 101 d. Pieces and ‘Bellies—Kaiwara 1 ‘ Hi Achrav" lOtd. VC over Mt Hutt IOJd, ’ CEC lOd, Pinaki iOd, FJ 9Jd, Hawkswood 9id. ; : 927 E ; | ’ NATIONAL MORTGAGE aND AGENCY COMPANY. , 1 The Naiional Mortgage and Agency Com- : pany report os follows on. the second wool - sale of the season, which commenced at 9: •, a-m. on Thursday last. The total number

of bales offered by the various brokers was 22,725. There was a large attendance of buyers, representing English, Continental and ■American interests, together with a number of local speculators and fellmongers. The sales; on., the whole,, especially for best half' breds, were very spirited, and competition keen), more particularly for lots suitable for American orders—cross-breds being more neglected, but eliciting, good demand at a lower range of values than, obtained at the first sale of the season.) Pieces and odd lots suitable for repacking and scouring were eagerly sought after, the foreign interestf coming into competition with the local dealers. Consequent upon the very lorga catalogues offered, and our having drawn_ last place, wo were unable to report in same issue as other brokers who were more fortunate in the drawing for places. 'Our catalogue comprised 1112 holes, of which to date we hara disposed of 869, and are negotiating sales iot the balance, ’ The following is the range of prices for the sales: —For best half-breos 1< to ISJct, medium half-breds from lOd to HJdj cross-breds, bright IOJd ‘to lid. medium-9d : td • 9Jd, coarse and heavy BJd to 8d; merino, super 10id to lid, good lOd to 10Jd, inferior Bsd to 9Jd; best pieces made up to lOd, good pieces 8d to 6Jd, others from 6d to 7id. Our next sale will be held on Friday, sth January, altered from the 4th, catalogues closing on Saturday, 80th December. Clients are requested to note alteration. , 1983 GISBORNE. [Per Press Association-.] GISBORNE, December IS. At the wool sales the demand was rather slack. In sympathy with other sales prices were a half-penny -to threg farthings louver than at last Fleece wool made B}d to 9£d, bellies and pieces 5d to 61d, locks 4d to sd, dead wool 6d to 6Jd, skins, full woolled, 7d to BJd, shorter wools and damaged pelts 6d to 7d, green skins 5s to 7s Bd, best hides 4Jd_, rough station hides 3d\ to 3|d, tallow 18s 6d.