NEW ZEALAND WOOL SALES 1897- 98.
Messrs' Murray, Roberts, and Co., in their , wool report for 1897-98, state :—: — j We have again to record a considerable increase j in the quantity of wool (.ffered in the New Zealand j make , compared with previous year's, showing | an increase ot 9000 bales. The withdrawals were ou an uncommonly light scale ; 80 per cent, of the total offerings changed h indf. ' In the North I-iland the business done shows a fair increase, the sales a. Auckland and Napier [ making up considerably m ro than the shortage ' in Wellington. The total offering 1 ? in the S iuth Tpland aniotiated to 77,930 bales of which 6-5. 346 bale» were sold. ! The North Island offered 33,913 bales and sold ', 28,2^0. The quantity offered and sold for the last 1 two years is aa follows :—: — (
Condition. — The Canterbuiy wools were coa- ; sidrrably heavier than la-t yen-, owing to the very j dry spring and the abundance of hot north-west winds. As usual, the clips showed thit theie was not sufficient care taken in skirtinsr, particnlulv in the smaller lines. Tbe O a^o and Southland wools were abu t on a par with las; year, again having experienced au exceedingly mild vsiuter, which caused tLe wr.ol to b<: bright and eound. The North Island clip was also fairly l'ght, but a considerable quj.mioy of that offered at auction was bush-atiaiucd. Markc. — The first sale of the sep-son took i^lace in GhristchvMc'i ou November 26, when pi ices were al.out }'l below la-.t year's opening s.Oe, and continued so until the s> cond said in Dunedin on ■lanuaiy 10, wha)', with a large attendance of buvei-j, including lepiesentatives fiom Yorkihire, Geiuiany, l<'rance, aud Americ.i, al^o the local mills (ilosgiel, Rislyn, Ojmaru, and B.uce), bpeculatois, and fiilln.ongtrs, competition litcaine veiy animated, jn I an advance of fii'ly 3d took place. Five shifty halfoird, b^itft syet.iJlly n qu rod for Amenci, leached up (o lO^d. ilerino of goo'i quality also paitifipaterl in fie advance, | t)VI lieitig t>p jirice. Pn ce^; of all descriptions | weie in good demand, and lettlL-ed as much as j lo«t year. I BnyiDg. — The foil >w ing is our estimate of the destination of the season's purchases, wnich is approximate :—: — Biles. For Yoikshiie 45,5(1 ii Continent l/) 00 I ii j^mericj. 500 I ii Local fictoi ies 11500 ii Sale ia London 13 500 tf Scorning (ultimate sale in London) 19,05b" SI, 000 As u'iiial the bulk of crossbred wojl was bought fo- "> oik:hire, aho a fair quantity o^ halfbred. i Local m.i'.u ac'uroiß took ue.nly all the merino and :i l;.r^e \ orKou of 1 hn!f bte.'l-*, the ba'.iuc; of which went to America 'I lu j p irehases f.u - 'he Conti'ient compiisjd chisiU ijerino and a f' w fine h.dfbieils. The locil telbm pg is did lo*; buy an , heavily as in previous jot-, k-upiug mostly to the , iuttr.oi fleece wool-a aud pieuc.
IST, '-98. IS9I 1-97. Sold. Offered Sold. Offered. Ghrisichurch .. Duucdin ln\ercaigill ... Tiniaiu Auckland N.i ii r W'liington ... Gissborne | 3-3.553 24.8LS »,553 30,601 i],lC3 35.CJJ 10 817 1,362 B lies. 27,750 21.530 9,5 U 7,f50 5->,S6S 11,2il 6,452 Gift Bales. 31,357 24,'.»97 9.0 3 8,493 y,5i5 11,730 13,727 ■ Bales. 25,262 20,467 7,721 6.510 7.053 8, : >9 8,34'J 116,843 91,006 107,852 83,752
NEW ZEALAND WOOL SALES 1897-98.
Otago Witness, Issue 2298, 17 March 1898, Page 14
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