WOOL SALES.

Otago Daily Times, Issue 14685, 19 November 1909, Page 5

WOOL SALES.

Press Association—By Telegraph—CopyvigU-i.

LONDON', November 18,

(Received Xnv. 18. at 10 p.m.) At the Antwerp wool tales there was a poor choice, and buyer.; were scarce. Bidding was inanimate, and price* were five centimes below the rates rulin" at the September sales. 'J'wo thoi:sand"au:l eighty-six bales of La. Plata wool were offered and 524 were sold.

SATISFACTORY OPENING,

ADVANCE IN PRICES.

(Veb United Pj>r.ss Association'.)

CHRISTCiIURCII. November 18, The first wool sate of this Mason's eerie* \vn,s he'd to-day, when there wevo cata- _ -vfiic-.l a little over 7000 bales. Tho offering was much th.au at (he opEniii" sale in any previous year, as the favour" iiblo ftasoa and the prospect of good prices induced a number of wocl-grou-eis to shear earlier than usual. The wool, •.ich was opened \ip in various was in exceptionally good condition. 'The winter having been line, then* was even growth in the wool. Grass came earlv and (.hers being a less area of late turnips in the paddocks, there was little dust for (he spring winds to raise mid lodge in tte fleece*, so that the wool was both Bright and clean. Another point in buyer.',' favour was that tli-a wool was fairly light in grease, and the cool, moist weather in spring had cheeked a rise in the yolk, 'there was an alteudaiy.e of firm buyers representing all sections of the trade, Home, Continental, American, and local representatives being pieceiit, and (hero was keen competition for all classes of wool. As usual, (here was little lrueriiio offered at the first sale, hue there were some excellent clips of'half, breds and line creabreds. Though there was brisk bidding all through, the bulk of tho wool was taken by three buyers, *he best wools being bought principally for America. Top prices'showed an advance, of 2d in the case of merinos, and Id in the coso of all other descviptions of wools, as compared wiih (he opening alo of last year; but if (ho better condition of the woo! is taken into consideration tho advance in tTto various kinds is not so largo as the figures indicate. At the same tinio prices are exceedingly satisfactory to growers. Tli-9 Tango of prices was'Mermo, IOJd to 12Jd ; super halfbrcd, 13d to 15d; medium, 10jd to 12,Jd; inferior, B|tl to lOd; sii))er Co nitdale. to 13id j medium, IOJd to 12d; super thrp>quarterbred. 12d to 14d; medium, to lOld; inferior, 7Jd to 9d; super .crossbred, 12d to 13} d; medium, 9£d to Hid; inferior. 6d to 9d; longwcol, B{d to 12d; super Down, 1.2-1 to IJ-I: inferior to good', B i d to lid; halfbrcd pieces. to 93-1 ■ crossbred pieces, fid to o\ld; bellies, s|d to 9<l; locks and cnitciiings, 4d to 7d.