LONDON WOOL SALES.

Otago Witness, Issue 2388, 7 December 1899, Page 6

LONDON WOOL SALES.

(From Oun Special Cokeespondej.-t.) LONDON, October 6. AN ACTIVE D33MAND. WITH PRICES STEADY. Speaking generally the sales this week have shown little change from latit week, and all the features then enumerated have continued. If anything different can be mentioned, it i-s in the direction of more general buying by all sections of the trade, and particularly so by Continental representatives and in a less degree by America. French buyers have been very active, taking merinos in the grease with great avidity, several leading new clip Queensland marks falling to their bids. Then, too, Germany lias been compelled to throv off her unnatural reserve or else go without wqpl, and this has caused .things to continue very lively. Another factor is that the best merinos of the series have been offered since I last wrote, and this has caused everybody to be alert. Competition has been about equally divided between the home and the Continental buyers, but if anything sTorkshiremen have taken the heaviest weights. So far as prices go, there is no material difference from last week, save in heavy, wasty grea.<-ies of very doubtful yield, and these have shown some irregularity. Also very faulty, fatty scoured skin wools have hardly maintained last Keok'g extreme

rates, and this-is not at all to be wondered at. But for anything showing good growth and character the demand to-day is as keen as at any time this series, prices too showing the full standard of the rise-. Medium and fine crossbreds are selling most ravenously, especially the latter, the Continent seeking them as keenly as Bradford buyers. Every day large quantities are brought to the hammer, and it is surprising the few withdrawals there are. However, the general run of coarse crossbreds — greasy, scoured, and slipe — continue to sell rather irregularly, though American buyers are still taking liberally good conditioned parcels of both coarse and medium crossbreds. Summing up, there is a most active demand, and prices are steady, with no quotable changes. ' Closing letter next mail. Since writing the above there has been a distinct slowing down in the extreme values of the first ten days of the sale, and with tho exception of good combing grease and scoured values to-day may bo said to have declined 5 pei" cent, when compared with the best part of the series. The fact is Bradford buyers are about filled up for the present, and Germany especially has again been very much reserved, while American competition has dwindled down to nothing. This has taken, tho keen edge off the previous high valuea, though, last night wool was selling extremely wall again.

Sold by Messrs Dv Croz, Doxat and Co., September 23. — Algidus: Scoured — 13 bales first combing ■ 25Jd, 15 secoad do 2id, 16 do 24d, 28 do 21Jd, 7 do 20-id, 14 clothing 22d,' 8 first pieces 23~d, 9 second pieces 22d, 8 bellies 21Jd, 2 third pieces 20d, 4 third and S do 16d, 11 locks 18d, 2 halfbred combing 20£ d, and several other small lots. These wools were scoured in a "first-class manner. There was a capital colour, good qualit/, and all ono could desire in the merino. Mesopotamia: Grease — 24 first combing H "l3d, 38 do lljd, 9 second do 12d, 29 do lljd, 9 third do 12d, 28 clothing 10£d,~ 4 Jt 10id, 14 first pieces 12Jd, 6 halfbred first H 13id, 5 do second do 13d, 4 crossbred 9£d, 3 halfbred pieces 14d. Scoured — 5 super combing 25Jd, 39 first do 25d, 4 second do 21Jd, 4 do 21d, 8 do 22d, 8 first clothing 20Jd, 19 belly pieces 22id, 5 second do H, 23d, 42 do 22; d, 5 do 21id, 10 third do 21d, 11 S. do 20id, 17 locks 21d. No fault could be found here. Highly creditable throughout. Northburn : Scoured — 12 super combing 25Jd, 23 first do 22£ d, 6 second do 21d, 6 first clothing 19Jd, 2 DF 22d, 4 first necks 22Jd, 0 second do 21, 13 first pieces 21d, 5 belly do 21d, 5 first aiid second locks 17Jd. These were all satisfactory. Mt. Pisa: Grease — 15 first combing lid, 42 do lOJd, 40 second do 9Jd, 23 first clothing lOd, 56 do lOd, 4 damaged 9Jd, 3 DF lOd, 55 broken lid, 21 croasbred first combing lljd, 17 da second do lOd, 9 crossbred broken 9id. Scoured — 24 second combing 22d, 24 do 22d, 11 third pieces H 22d, 40 do 22id, 26 do 21id, 23 bellies 20Jd, 5 pieces 17d, 3 do DF 19d, 7 S do 17d, 18 locks 18d, 2 crossbred 14d, 12 do pieces 14d, 3do bellies 15£ d. The wool here was all right, but the condition was heavier than the previous marks. Look to the quality of the crossbreds. Manapouri : Grease — 16 prossbred first combing BJd, 21 do 9d, 31 do second do Bd, 24 do 6d, 10 do pieces and bellies sd, 3^ do locks. Keep up quality especially. - Castle Bock: Grease — 42 crossbred ' first BT lOd, 48 do lOJd, 48 do second 9d, 47 do SJd, 76 do third B£d, 14 Romney H Bid, 23 do BJd, •30 do' 7Jd, 34 Cheviot Bfd, 28 crossbred. 61d, 8 Lincoln 6^d, 27 crossbred pieces sd, 23' do bellies sid. 4do S piece's 4Jd,/2 do *3f d, 10 do locks 2Ad, 2 do blacjk 5. .A finer qualitywould have -put 2d per 1b on to this mark. It was well grown.

Sold by Messrs Helmuth, Schwartze, and Co., .September 23. — Mt. Parnassus: Greasy — 7 bales super 13d, 65 first combing 12d, 39 second do lljd, 13 D do lid, 9 S do lOd. 3 first c'othm.%lid, 8 first and second hoggets lljd, 5 rams lid, 43 first pieces llid, 8 second do lOd, 14 J3 do 9Jd, 11 haHbred first 12id, 1-1 do second 12d, 21 do D Hid, 10 do S lOJd, 8 crossbred lid, 3 do 9d, 4 do D lOd, 2 Leicester rams 6d, 11 halfbred first pieces 9Jd, 4 do B do "3d. No fault can be found here. There was an excellent j character throughout. . GT in diamond over LS: Scoured — 1 super combing 27d, 7 first do 26id, 16 do 26d, 6 clothing 26d. 50 second pieces, 15id, 10 do 25d, 11 do 25d, 5 plained do 20d, 10 bellies 26d, 6 locks 21d, 9 do 19Jd, 2 halfbred j combing 28id, 2 crossbred do 24id, 10 halfbred pieces 18id, 4 do 18d, 6 crossbred do lod, 2 halfbred locks 16d, 2 greasy fleece 9Jd, 15 do first pieces ll&d/ 13 do crossbred first combing lljd. Scoured in a perfect manner. The merinos were Al. Sold by Messrs Willans and Overbury, same day. — Takapau : Greasy — 11 super B crossbred 1 E B*d, 15 do E and H 7Jd, 15 do A do E 7d, 14 do 6d, 17 B do E Bd, 39 do W and H 6d, 12 do 6d, 24 dc 6id, 38 do 5Jd, 9 first crossbred pieces 5Jd, 24 do lambs 7Jd, 9 second do s}d. Scoured — 5 A crossbred pieces 7Jd, 9B do 7Ad, 6 A do bellies B=,d, 8 B do Bd, 2 S do Bd, Bdo locks 3d. Half Moon over SM : Scoured — G first combing 22d, 31 second do 21d, 26 clothing 21d, 13 do 20Jd, 13 do 21d, 9 do 20jd, 17 do withdrawn, 4 double 20d, 4 do 28Jd, 13 first pieces 21d, 24 second pieces 19Jd, 13 do 18Jd, 2 do 16d, 15 bellies 17ia, 14' locks withdrawn. 2 pickings 12d, 9 first combing- halfbred hogget 3 withdrawn; 10 second do E withdrawn, 21 'do withdrawn, 10 first do crossbred hoggets 18Jd, 38 second do 14Jd, 29 do 14d, 53 do 13£ d, 3 do 9d, 4 double do withdrawn, 3 do 9d, 4 Romney do BJd, 23 first pieces crossbred 12£ d, 35 second do 13d, 4 third "do 9d, 6 do lOd, 16 bellies do lid, 13 locks do 12Ad. These were only average scoured. The merinos were good, but rather fatty, and hardly clean enough. Sold well. Clarence : Greasy— iß AW lOJd, 32 do E lOJd, 49 BW lOd, 31 do E 9id, 13 C do withdrawn, 43 "W 92d, 26 E 9d, 11 double 9d, 23 first pieces lOJd, 21 second do 83d, 16 bellies Bd, 6 locks Bjd, 3 halfbred hoggets 7d, 14 scoured pieces 2J.d, 9 do 19Jd, 13 do bellies 21d, 14 do locks 16Jd. Nice quality, good length, shafty, but yolky and rather wasty. Sold well.

Sold by Messrs Buxton, Ronald and Co., September 30. — N.Z. and~ A. Land Co. over Levels : Greasy — 6 firct quarterbred combing Hid, 9 do halfbred do 12£ d, 35 do 10d, 26 do 9Jd, 52 do lOd, 42 do withdrawn, 34 do 3d, 29 do crossbred combing hoggets withdrawn, 46 do BJd, 175 do withdrawn, 12 second do hoggets withdrawn, 49 do 7£d, 34 do withdrawn, 59 do hoggets 7d, 45 do 6Jd, 24 do withdrawn, 2 do 7d, 23 do 6Jd, 4 do 7Jd; 11 Romney 7Jd, 27 Lincoln withdrawn, 1C do 6Jd, 4 crossbred black sid, 21 do brken 62d, 36 do 6-Jd, '32 croasbred broken 6d. For croasbreds these were fair stuff, but limits were somewhat too high, -while the wool' was rather coarse. Cross over circle: Scoured — 18 bales first halfbred combing 19d, 19 second do 17 Jd, 9 third do combing 19d, 19 second do 17-Jd, 9 third do lSd, 23 do I6jd, 9 ~dc 15d, 12 first and second three-ouarterbred combing 12Jd, 13 crossbred combing 12d, 9 do lOd, 3 do lid, 8 halfbred B pieces l£d, 11 do lod, 5 ciossbred B pieces 14d, 5 do 13d, 4 do 3O.Jd, 9 do lljcl, 5 do lid, 12 do locks 12Jd, sdo fid. These were tvell scoured and sold at full values. The halfbreds made particularly good prices. Cross in circle over 11 & S over T: Greasy — 4 bales fine quarterbred' combing Hid, 17 do Aalfbred lid, 26 do crossbred do Bid, 42 do tfhree-quarterbred do 7id, 12 do 7Jd, 6 crossbred do 7Jd, 52 seveneighths do 7d, 25 do withdrawn, 30 crossbred do withdrawn,- 60 Lincoln do withdrawn, 2do 52d, Bdo 62 d, 15 first crossbred pieces 6£d, 48 do Bdo 5Jd.. The first few lots, which were fine, were very satisfactpry. The wool was well

grown. Ashwick: Scoured — 8 bales super combing 24Jd, '14 do 24d, 10 do 22id, 7 first pieces 23d, 13 do and bellies 22d, 4 locks 15Jd, 5 first halfbred combing 16|d, 13 do 19|d, 11 second do hoggets 18d, 45d018d, 11 first threequarterbred do 14Jd, 22 second do 13Jd, 5 da withdrawn, 31 first halfbred pieces 16d, 14 second do and bellies 14id, 10 third do lljd, 9 do lOd, 9 first three-quarterbred do lljd, 5 second do bellies 14d, 4 three-quarterbred do 9id, 3do 7id, 6 halfbred locks 13Jd. These were very well scoured, and the merinps were in capital order. Fen Court, NZ, Waikato in' horseshoe over A A Co. : Greasy — 32 first halfbied lOd, 10 do withdrawn, 19 first , combing Down hoggets Bd, 21 do Bd, 2 do halfbred. andl do Bd, 12 second combing do hoggets withdrawn, 20 first crossbred combing hoggets SJd, 66 da withdrawn, 22 second do 81d, 70 do 7Jd, 11 do withdrawn, 11 do 7d, 12 Romney combing hoggets 7id, 39 Leicester withdrawn, 34 firsts Lincoln combing 6Jd, 27 second do 6jd, 21 do 6Jd, 20 first do 7d, 131 Lincoln withdrawn, 15 halfbred combing- Leicester 6Jd, 42 first crossbred pieces 5Jd, 11 second do sid, 22 bellies do s*d, 26 do 5Jd, 5 do black s^d, 18 first-class do lambs Bd, 36 do 7d, 2 Romney do 72d, 7 second class do 5Jd, 11 do 7Jd, sdo sd. This was a very big Hue of wool, but there was not that keen demand for coarse crossbreds one has seen on previous nights. These were coarse in quality, but well grown and shafty. Sold by Mssurs Charles Balme and Co., October 2. — F R, E over Mount Nicholas : 7 bales grease first combing 12d, 10 do lid, 10 do first clothing lid, 4 do second do lOJd, 2 do first pieces. lO.jd, 2 do second BJd, 2 do bellies 9d> "7 scoured locks 16d, 3 do~ crossbred locks withdrawn. A fairly good clip, the merinos being the best. Cm triangle over Moa Flat: Grease — 5 bales A combing 14d, 6 B do 14d, ■57 do 13£ d, 9 C do 13d, 27-do 13d, 28 D do-124d, 37 do 13d, 38 do 13d,' 2 do 12d, 4 damaged 12£ d, 32 first pieces 13Jd, 14, B do 12id, 28 . second do lljd, 7 piec.es damaged lid, 22 bellies 9£d,. 6 do damaged B£di 28 B crossbred combing withdrawn. 23 C do lUd, 2 do 10|d, 42 do lljd, 4 do withdrawn, 5* do lOJd, 17 first do pieces lOJd, 8 do Bd, 8 do Bd, 2 do 6Jd. This was an excellent clip, full of quality and character, which to-day is everything, sold by' Messrs H. Irwell and Co., same day. — R CH: 38 bides grease fine halfbred 11 Jd. A -first-class lot. V over Hotika: 15 bales washed crossbred lOd. H H ovor T: 3 bales greasa combing 9Jd, 51 do halfbred SJd, 55, d0 > fine crossbred 7Jd, 45 do 7Jd, 2ft do three-quar-te*rbred 6Jd, 18 do first pieces halfbred 7Jd, 7do crossbred 5Jd. The- first two lots were fairly t good, but wasty, . the- others rough and wasty. Bull's head: : Slipe — 5 bales first clothing halfbred 7d, 4 do crossbred 6Jd, 4 threequarterbred 6Jd, 9 combing halfbred lambs lid, 7 do crossbred lambs Sid, 5 washed h&lfbrcd 6£d, 2 do^ pieces 6d. HH : 4 bales slipe clothing merino 12Jd, 5 do super halfbred 14d, 13 do first ' half bred lid, 3 do Bd, 9 do combing crossbred Bd, 12 first combing three-quartorbred withdra-wn, 4 do 6Jd, 7 first halfbred lambs combing 12Jd, 25 do crossbred do lOJd, 2 I second do 7Jd, 6 three-quarterbred do 7id, and several small lots.

Sold by Messrs Jacomh, Son, and Co., October 3. — R W in diamond over Gore: Slipe — 8 first merino 13d, 20 fir3t halfbred lambs 14d, 89 first crosabred lambs Hid, 39 do lljd, 29 <3o 9id, 2 do 7Jd, 5 do B 7d, 37 first three-quar-terbred do BJd, 36 do Bid, 2 do 7Jd, 4 do 12d, 2 do 12d, 9 first super crossbred withdrawn, 8 do 9Jd, 7 do withdrawn, 5 washed third-merino ! 10id, 27 do crossbred lambs 9d, 16 do withdrawn, ,B. do 7d,- 25 do B s}d.-10 do pieces B 7d, 2 'do _ ] 6iti. All ■ these showed their v usual state' of excellence so far as get, up was concerned, bufc ( , ; some' of the lots showed" a "pooi, class of wool.' H& H over Kaiwarra : Slipe — 2 bales merino 13d, 5 halfbred 12d, 8 three-quarterbred withdrawn, 21 crossbred combing '7Jd, 27 do_ 7d, 18 Lincoln combing Bid, 31" do 6Jd, 14 crossbred lambs withdrawn ; washed — 1 crossbred fleece 7d, 16 do 6Jd, 92 do 6Jd, 35 second do Gd, 5 do clothing 5Jd, 18 crossbred pieces 6d, 6 do S do 52d, 7 do crutchmgs 6d. Somo of these lots were fairly good, others wero poor and wasty.

The condition of the home wool market this week is an interesting one, not on account of any amount of new business coming to hand, but because dealers and topmakers are now able to look over the ground they have just covered, and are forming opinions in regard to what has been and ia U) be done. The liveliest interest seems toy centre around the-noar future, .and a deadly Ftrugfgle is imminent. Are prices for ail qualities to go further forward? is the question of the hour among Bradford wool users, and while topmakers and merchants are demanding" higher rates to cover further increased cost, spinners sesm resolutely -determined to go no further. It seems to us that they must wait until there is a need on their part to buy, and then value 3 will have to bo properly adjusted. Consumption is still heavy, there is no want of work, and trade is as good aa ever. The following tablo shows the full course of values during the month just closed, and the figures given represent the general asking prices of merchants to-day: — j

• • • ' Deacription of- Steple. 1-5 "p. 00 & 1 i % V 2 §5 1 in • - ° Lincoln hopes Lincoln wethers Deep-giown hogva ... Daep^^rown wetherg... White h\\iA:r hogga ... White super wethers Irish hogKS Irish wethers Pick Shropshire hoggs Pick Shrop. wothers... Oxlinary halfbred lioggs Ordinary halfbred wethers Wiltahire Howntegs... Wiltshire Down ewes Ordinary (Wa, Buenos Ajre3top« Ordinary 60'b, colonial tops Super 60's, colonial tups Ordinary 40's, colonial tops ... Ordinary SB's, colonial tops Turkbyaverage mohair (Jana tirsts, mohair ... d. 8? 7J 74 71 7} 74 7? 74 84 8 9 7J 74 7i 74 74 7* 5* d. 9 n 74 71 ! 73 74 7'l 74 a. P. 7J ■74 7i 73 74 7i 74 94 d. 9 7J 7J 7i 75 74 H 74 10 H d. 9 n 9 ! 74 i H 7i 10 94 7i •i 8 S 8 8 7i 11 104 7i 12 11 71 12 U4 74 12 12 7*' 12 12 ; l : 12 i 26 26 26 26 263 i 27 28 28 2SJ 29 29| t 29 29 294 39 304 i 31 i 31 104 104 104 11 11 U 3i 194 18A 20 1» 94 20 19 ]0 90 1810 I 20 i 19