WELLINGTON WOOL SALE

New Zealand Times, Volume XXX, Issue 6450, 22 February 1908, Page 3

W ELLINGTON WOOL SALE

FURTHER DECLINE IN VALUES. The last of the season's wool sales, held in Wellington yesterday, was a disheartening finale to a scries of sales at which values have steadily declined from start to finish. Yesterday’s prices were a decline of fully 15 per cent. 6n the previous auction, and nearly 40 per cent, on the earlier sales of the season. Against this, of course, there has to be considered the poor quality of the wool yesterday, the bulk being shabby and seedy, in fact some of the lines were so loaded with utuwai that only the local scourer could look at it. (Much of the wool was the tail-end of clips, pieces and locks forming a largo portion of the offerings. And yet the condition was declared to be bettor than that of the wool offered at Napier, which was heavy in yoke and loaded with dust. Prices generally, buyers contended,' were id better at Wellington than at Napier, owing to the competition of speculators. The local fall on January rates ranged from 2d to IJd, medium crossbreds declining up to Id, coarse crossbreds lid and pieces in proportion. Lambs’ wool was the only description to realise decent values. Good line.* of thin description suffered by the decline on the market to the least

extent, the depreciation in value being not more than U\. The greater port of the wool was only suited for scouring purposes, and consequently local scourers and speculators (among whom were one or two men who have not been operating of late) were the principal purchasers. The lines suitable for shipment were purchased for Yorkshire houses, with the exception of the bulk of the iambs’ wool, which

was taken for the Continent. THE CATALOGUES.

The best price made by Murray, Roberts and Co. for medium crossbred was 63d, in several oases. Clean lambs’ wool, free of seed, was bid up to 73d, and several linos of this description were sold at 7-id. Two of the lines sold wore: —Mr W. Pickett, Pongaroa, 11 bales trong Lincoln cross, 63d, and C. Hobbs, Horokiwi, 7 bales Romney cross, G£(L Out of 270 bales offered the firm sold at auction about 200. Lambs' 1 wool also realised the highest price in Abraham and Williams’ catalogue, good crossbred lambs selling up fo 7‘d. Fine crossbred realised C]d, this for two bales grown by N. Greig, Taihape. Ten bales of medium crossbred from A. Watson, Tawatnia, made G]d. Messrs Lewis and Toopood, Masterton, secured 6£d for six bales of crossbred lambs, slightly touched with seed. This firm offered 350 bales and sold 172, just over half the offering. Lambs’ wool was also the highest price in the N.Z. L. and M. Agency. Co.’e catalogue. For 15 bales of good Romney lambs, by Mr A. Tyer, of Featherston, sold privately, 73d was secured. For the Hcrong crossbred hogget wool of Messrs Latham, Page and Anderson, of Mataikone, 6Jd was obtained for the 21 bales. Nins bales of lambs from the same owners made 7RI. Two bales of lambs’ wool from Mr Tremewan, Shannon, made 7Jd. The best price for good crossbreds made by this firm was Ca, id less being given for ordinary descriptions. The firm catalogued nearly 300 bales and sold ,*L'out 200. Messrs Levin and Co. made to 7sd for lambs’ wool, this price being realised for 12 bales from I). Wilkie, of Utiku. Fine crossbred from Mr J. Gold, Wairarapa. made 7sd, and Lincoln cross from Mr T. P. O’Connor, of tho same district, realised 6-]d, The Levin catalogue comprised 175 bales, and about 150 were sold. The best price made by the U.F.C.A. and W.F.C.A. was- 7d for 7 bales of good crossbred lambs’ wool. Most of the lines were dingy and inferior, the best of the crossbreds soiling up to 6id. Fifty odd bales were offered and 15 were sold. Dalgetv and Company made some excellent sales considering the tone of the market. They secured for the Birch Kill Estate, Malborough, the fine price of Md for 12 bales of scoured merino locks, and 12d for 3 bales of scoured combings, Bld for greasy combings, and 73d for dingy merinos. Crossbred lambs of Mr Fowler, of Kiwinui, made 7£d. For Mr P. K. Buchanan, of Waikanac, was obtained for Southdown wool, and to Cld for crossbred. .1. McDonell, of Cdiyton, secured 71d for Romney lambs’ wool, and F. McFarland, of Porirua, made the excellent price of 7{d for crossbred Romney. For medium crossbred J. Foreman, of Te Nui, secured 63d, and for a similar quality line Marchant Bros., of Martinborough, . realised tho same price. Ilalfbred wool was passed at 7|d and merino at 7£d. This firm sold two-thirds of its catalogue of 1149 bales.

BROKERS* DETAILS.

Levin and Co., Limited.—Fine crossbreds, 7d to 7 Ad; medium crossbreds, Gd fco 7d; coarse crossbreds, 5d to Gd; inferior crossbreds, 4d to sd; pieces and bellies, 3d to -lid; looks. Id to 2£d; lambs, good, Gld to 7-jd; lambs, medium, 5d to Gkl; lambs, seedy and inferior, 2d to 4d. The New Zealand Loan and Mercantile Agency Co.;—Halfbred, up to 7£d; medium to good croesbmls, sld to Gtd; inferior and faulty, to s|d; super lambs, 7d to 7Ad; medium lambs, Gd to 7d; inferior and seedy lambs. Id to sd; bellies and pieces, 2Vd to 3M; locks. Id to 2-kl. United Fanners’ Co-operative Association, Ltd., ami the Wairarapa Farmers’ (Jo-operative Association, Ltd. :—Medium crossbred and Romney, 6d to 7d; crossbred and Romney, heavy-conditioned and dingy, 4d to GAd; pieces, 2id to 4Ad; looks, 3d to 3d. Murray, Roberts and Co.; —jCrossbrcds, fair medium, GJd to crossbreds, logstained, seedy, and vasty, to sijd; Lam be, clean, bright, 7d to 73d; lambs, fair colour and slightly seedy, to lambs, badly seedy, 2ld to 4<l; pieces and bellies, 3id to 4Ad; locks, lid to 3d. • Messrs Abraham and Williams, Ltd.— Pino crossbred Gild to 7d, bright medium crossbred 6£d to Gld, medium crossbred 3jd to Gd, inferior and dingy crossbred 4-d to 4dd; lambs’, bright and good condition 7cl to 7-ld, medium lambs’ Gd to GUI, inferior and seedy 3£d to 4-d; bellies, to 4Jd; locks and pieces. 2Ad to 3-ld. Dalgety and Company, Ltd.—Merino to SRI, medium 7Ad to BAd, inferior Gd to 7d, medium crossbred G|d to 7d, inferior 4d to sd, lambs’, best quality, to 7|d, medium quality 5d to 6d, inferior quality to 4dd, bellies and pieces 3d to sd, stained, locks and pieces l l t d to 21d, dead 3td to 4id, crutchings 2£d to 3|d.