THE WOOL SALES.

Otago Witness, Issue 2394, 18 January 1900, Page 18

THE WOOL SALES.

LONDON, January 9.

The wool arrivals for the first series of the new year's sales, opening on Tuesday next, are 195,500 bales, of which 58,500 have been forwarded direct to the manufacturers, leaving 141,000 available for the sale. January 10. The Antwerp wool sale? opened with good animation. Half the catalogued wool sold at 10 to 15 per cent, above October rates. January I] . At the Antwerp wool sales River Plate clips closed at prices unchanged after the opening advances. Five thousand seven hundred and seventy-three- bales were offered, ' and 2068 sold. SYDNEY, January 12. At the wool sales there is good competition, but prices are irregular and declining ; greasy merino are a halfpenny and inferior sorts one penny lower than at vie preChristmas sales. Messrs Dalgety and Co. have received the following telegram, dated London, Bth inst., from their head office: — "The list of wool arrivals for the series beginning on the 16th January is closed. The total number of bales available, including old stocks, is 141,000." Messrs Dalgety and Co. (Limited) report having received the following cablegram from their London offico yeoterday: — "The Antwerp wool sales as compared with the average rates of last Antwerp wool sales closed with prices higher by 10 to 15 per cent. DUNEDIN SALES. [n>e individual reports of Stock Agents, Wool, Babbitskin, or Grain Brokers can be inserted in the Daily Times and Otago Witness «t Special Rales.} The Dunedin Woolbrokers 1 Association held their second sale of the season in the Agricultural Hall on Friday. The catalogues siibmitted by the various firms of auctioneers were as follows- — - Wright, Stephenson, and Co. .N. „ „, 2909 Dalgety and Co „ .. 2325 Donald Reid and Co 1371 The New Zealand Loan and Mercantile Agency Company 1280 Otago Farmers' Co-operative Association 831 Fiimieis' Agency Company .. .. „ 82G Stronach Bios, and Morris . „ .. 787 A. Moritzson and Co. ... .« »., ,„ „.< 325 Maclean and Co. . s >. •.., .* .« . . 447 11,101 The total number of bales offered at the corresponding sale of last seaton was 9440. The attendance of buyers was good, and all the Otago woollen mills were represented, as well as several local fellmongeries. There were, as usual, buyers lepresenting the Home and Ameiican maikets, and bidding, was keen and spirited throughout the day. There was competition for good fine wools, and the present London inices were realised in merinos, halfbred, and fine crossbreds. The following are the detailed reports from the Aario^a brokers: — £ho gew &al^_ld^_§a4_Mfilfiftntilß

Agency Company report having held their second sale of the season at the Agricultural Hall yesterday, when some 12,000 bales of wool were submitted. On the whole the wools from the south were in better condition than last year, and a very representative quantity of the v/ools grown south was submitted, notwithstanding that- a good quantity has yet to come forwaid for future disposal. From Otago Central the wool is much better than it has been for many years, owing to the more favourable season last year (back end), as also the abundance of feed ruling at present. The attendance was good, all the local mills being represented, as well as the many fellmongeiies in the district, added to the many weil-knowa buyers who operate for tho English and foreign markets. The chief feature wa3 the animated competition for merinos, halfbreds, and fine crossbreds, all of which sold at quite up to present London values. The following is a range of prices realised : — Merinc — super to good, Is to Is 3d ; good to medium, lOd to 12d ; medium to inferior, B|d to 9|d. Halfbred — super to good, 11 Jd to Is ljd; good to medium, 9d to lljd; medium to inferior, 7d to Bgd. Crossbred— super to good, lOJd to lHd; good to medium, 7 8Sd to lOd ; medium to inferior, 7d to BJd. Threequarter and longwool — good to medium, 7|d to 9cl; medium to inferior, 6^d to ?£d. Pieces — super to good, 7Ad to lOd; good to medium, s|d to 7^d; medium to inferior, 4id to sid. Bellies — good to medium, 6d to 7id~; medium to inferior, 4^d to 5Jd. Locks — good to medium, 4£d io 6d; medium to inferior, 2.kl to 4Jd. The following are the best prices realised at our sale: — Merino — E S, to 14|d; E in circle, to 13d; Kyeburn, 12|d; D in diamond, to 122 d; G4, to is 2gd; X, to Is Id ; O KM, to 12id; W7, to 12id; LL, to 13d; (Mfi, to 1216. Halfbred— 6 in half circles, to lOld ; L L., to 12£ d; W D over cross 5 1 under cross, to 13£ d; Compass and square, to 20} d; O in circle, to lOd; O E M, to 10! d; 70, to 10£ d; Double U, to 13* d; 4M, to iO'd; ES, to 12Jd ; X, to lOJd; D, to lOd ; G- 4, to Is ] ?.d ; Din diamond, 10 jd ; T M's, to lOd; F C Pahua, to lOfd; D R above B, to 101 d; V above Brandon, to 12Jd; B 7, to lOJd; Kyeburn, to lljd; 69, to lOJd; N Z, to 10 Id; Diamond over '£, to lljd; F R conjoined, to 12Jd; R li, to lid; Horseshoe, to lOfd ; AL. to 10? d; XV, to lljd ; M over half circle, to 30cl. Crossbred — B C, to lOd; R in circle, to lOd; T X, to 9£d; Sour Bar, to lid; N Z, to lO^d: F over Brandon, to 9id; N M over M, to ]0d; TD, to Bid ; half-circle over S, to B£d; 3, to 9Jd; R T in circle, to B£d; Eb, to BJd; — over W, to 9d; I G, to 9d : D R, to BJd; 2 M, to 9fd ; D D, to 9d; F B conjoined, to Q\d ; A B ancl Co., to 9Jd; — LL, to lOJd. Messrs A. Moritzson and Co. report having held their second wool sale of tho season in the Agricultural Hall on Friday. There was a very large attendance of buyers, and competition was keen for all descriptions of fine wools. Coarse wools, however, unless very light and clean, were not in great demand, and for these prices were rather lower than at the last sale. Best halfbred and msrino ruled firm at late quotations, and in some instances a slight advance was obtained. We offej *'1 325 bales at auction, and also sold privately since last sale 370, making a total of 695 bales. The following is the range of values : — G-reaay : Merino — Super 12Jd to 16d, medium lOJd to 12d, inferior Bj!d to lO^d; halfbred — Super 12d to 15d, medium lOd to Hid, inferior 7]. dto 9Jd; crossbred- - Super 9d to 12d, medium 7}d to Sid, inferior 6d to 7d; merino bellies and pieces — Super 9d io 13d, medium 7d to 82d, inferior 5d to 6Jd ; halfbred do— Super GJd to 12cl, medium 6£d to Bad, inferior 5d to 6Jd ; crossbred do — Super 6£d to 9d, medium 5Jd to 6Jd, inferior 4d to s|d; locks — Super 5d to 6d, medium 3d to 4Jd, inferior Id to 2£d. Our top prices were as follow: — G-G-, 1 bale merino 13^d ; half circle over R. 6 halfbred 12d; JF, 1 bale 12d; FO. 5 bales 12id, 2 bales Hid; PJ, 5 bales 10£ d, 2 bale 3 llgd ; Z, 4 bales 10|d ; WK, 2 bales lOgd ; PA, <t bales lOld; ZO, 2 bales crossbred 9d; G-G, 1 bale 9d; R2, 8 bales 9Jd ; JW, scoured halibred 17Jd, scoured crossbred 13id, scoured three-quarterbred 10|d, scoured pieces 14d. Messr3 Donald Reid and Co. report as follows: — We held our second wool sale of the season's series at the Agricultural Hall, Dunedin, on Friday, the 12th day of January, 1900, when we submitted a catalogue of 1378 bales of Ronmey, Leicester, crossbred, and merino wools, chiefly clips from small grazing runs and agricultural farmers' lots. The bulk of the wools we catalogued were well grown, clean, and sound in staple, although unfortunately many of the clips were rather strong and too coarse to meet the requirements of manufacturers, who have to consider prevailingfashions and to buy accordingly. There was a large attendance of buyers, English, foreign, and colonial manufacturers, amd the local, Mosgiel, Roslyn, Oamaru, Kaiapoi, and Bruce factories were well repiesented, and all assisting materially in the success of the sales. There was very brisk and spirited bidding for all fine crossbred, halfbred, and merino wools, and all meeting these descriptions well maintained and in. some cases established an advanoe on the satisfactory prices realised at the opening sales. Eleven thousand one lvundred and one bales were cptalogxied by the various selling brokers for yesterday's sale. TJie coarser. .classes oijwools w.ere jwt mi amah

request, and all this class again met a dragging sale, and with little, if any, improvement on the prices realised at the first sales. There was a very large attendance of wool-growers and others interested in the proceedings, and on the whole producers appeared to be satisfied with the prices realised. Of the 1378 bales submitted by us, 1197 were sold at auction, 151 bales were pas3ed, bidding not ..reaching owner's reserves, and- in some cases not reaching valuation, and 30 bales catalogued did nofc arrive in time to be valued before the sale. The following table shows the range of current prices: — Greasy merino — Superior, 15id ta 14d ; good, 13|d to 12& d; medium, 12Jd to lid ; inferior, lOJd to . 9Jd. Greasy halfbred— Superior, Wd to]Bd; swirl,' }?,?rT to ]09r1 ; medium, -10_d to Sd; mfeiior, B|d to 7^d; Greasy crossbred — Superior, iSHu to lid ; good; lOJd to 9d;- medium, 8?d to 7Jd;' inferior, 7d to 6id. Greasy pieces" and bellies — Superior, lOd to 9d; good, B|d to 7d; medium, 6|d' to ' Sfd ; inferior, s&cl to - 4|d. ' The subjoined brands made the highest .prices at our sale ' to-day : — — - — over J J, 2 bales greasy' super merino 15Jd; TXT conjoined in diamond, "4 merino 143, d; M. over E H, . 2 halfbred. hogget 14id ; JP conjoined,- 1 merino 14d ; rrr — .aver f~ J, 2 halfbred 14d-;- P A- ovesr-Warepa, 7 halfbretl ewe 14d; M over E H, 6 halfbred 13Jd; D N. 1 merino- 13id; TH7 conjoined- in- diamond, 5 hjJfbred I3£d ; H H over — , 1 merino 13d • W2, 2 do 13d ; —in circle, 2 halfbred 12Jd ;" M over E H, 16 crossbred 12|d; A F over Mti Alfred, 1 merino 12d ; M M over — , 1 morino ewe 12d; M over E H,'6 crossbred hogget 12d; It over Ben Lomond, 11 merino ll§d • A B over L, 1 halfbred llgd; H B in circle, 1 merino llfd; J G in square, 1 do ll|d; G II m square, 7 crossbred llgd ; Albury, 3do Hid • G D, 2 do HJd; E B, 5 crossbred ewe Hid • D N, 8 halfbred lid; Attadale, 8 halfbred ewq lid; Waihemo R M over Downs, 3 halfbrec! lid ; P over Warepa, 2do lO.f d, 2 threequarterbred ewe lOJd; H B in circle, 17 halfbred ewe 10^1; Longdale over R M, 1 halfbred and merino lO^d ; —in circle, 1 halfbred 102 d; — ovei AB, 3 do lO^d ; RY,2 do lOJd • F P 1 crossbred ewe 10|d; — over H J, 2 do lOl'd: ih X over Heriot, 2 halfbred 10 Jd; it over Ben Lomond, 9 do lOkl; J P conjoined, 4 do 30Jd; Hopehill, Bdo ewe lOJd ; C F B P in form of diamond in diamond, 2 crossbred lOSd; G J, 2 halfbred lOSd; — over H J, 1 do 10id; S), 2 do 10k! ; Em circle, 1 halfbred ewe" lOJd : A H, 4 do 10|d; N E, 2 do lOJd; 45, 1 do lOJd; A C over H, 5 crossbred ewe lOid"' Waihemo over R M over Downs, 2 halfbred lOJd ; C 9 over R. Cook, 2do lOd ; WD,2 do lOd; S — , 4 halfbred ewe lOd; inverted E C, 6 halfbred lfld; D, 2 do lOd; Ii over Ben Lomond, 4 halfbred hogget lOd; JC over — , 3 halfbred lOd ; C over F B over Pin diamond, 2 crossbred hogget 10d ; F over — , 8 crossbred ewe lOd; — over W C, 4 halfbred ewe lOd; Longdaio over R M, 13 halfbred lOd; I Z I, 1 do lOd; A O, crossbred ewe lOd; Saturn ring P, 4 ciossbred ewe lOd. The Otago Farmers' Co-operative Association report having held their second sale of the season on Friday, 12th January, at 2 o'clock. Theio was a very large gathering of buyers from all quarters, and also a big attendance of wool-growei-s. For the day's sale something over 11,000 bales were offered, including some of the choice well-known brands. For the finer sorts (merino and -showy halfbred) there was splendid competition, and prices for these sorts were slightly higher than at last sales. Crossbred, too, if bright and in good condition, were well competed for, and certainly showed an improvement. Earthy, wasty lots of every description were rather neglected, and sold at about similar prices to those ruling at last sale. We catalogued 831 bales, and. cleared almost every line under spirited competition — the exception being slipe wools, which were unsaleable except at low values. The following may be taken as to-day's ruling values: —

Wool catalogue prices. — J P over Mounti Gowrie, 2 bales gieasy first combing halfbred wether lUd, 2 second combing halfbred (29 pt crossbred) 10d, 2 first combing crossbred ewe 9gd, 5 first combing crossbred wether 9d,5 second combing (4 crossbred wether, 1 do ewe) B£d ; 2 second combing hogget BJd, 1 threequarterbred wether 7Jd, 1 D. hogget 7id, 3crossbred wether 9^d, 1 first pieces B£d, 1 crossbred pieces 7Jd, 1 second pieces 6Jd, 1 locks and pieces sd; D P over Mount Gowrie, 1' first combing halfbred wether lOJd, 1 first and second combing halfbred wether lOJd, 2 second! combing crossbred ewe 9id, 1 first combing crossbred ewe lOJcl, 1 first combing crossbred wether lOJd, 6 second combing (1 ewe, 3 wether, 2 hogget) BJd, 5 three-quarterbred (1 ewe 2 hogget, 2 wether) 7id, 2 D. crossbred Gfd, 3 B\ crossbred BJcl, 2 first pieces (No. 30, pt crossbred) 7|d, 2 pieces Bja, 1 se-ond do 6Jd, 2 lieUies 60* i s i gees and. locks Id;. A & aw*

Itfount Gowrie, 2 first combing halfbred (23 2}t first' crossbred) ll|d, 1 second combing halfbred and crossbred- 9d, 2 first combing cross-, bred ewe 9id, 2 first- combing crossbred -wether BJd, 2 second combing crossbred- ewe Bd, 4 second combing crossbred (2 wether, 2 hogget) BJd> 4 three-quarterbred (1 ewe, 2 wether, S hogget), No. 21 (part second combing crossbred) 7|d, 1 D. crossbred ewe Bd, 2 first pieces (No. 20, part crossbred) Bfd, 1 B. crossbred 7Jd, 2 crossbred pieces 6id t 1 bellies 6Jd, 1 bellies and locks 5Jd, 2 first combing halfbred ewe (a lew first combing crossbred fleeces in No. 47) ll|d, 2 first combing halfbred wether 12d, 3 second combing halfbred (1 ewe, 1 wether, 1 hogget) 10 Jd, 4 first combing crossbred ewe 10d, 5 first combing crossbred lOJd, 5 second combing crossbred ewe 10^d, 4 second combing crossbred wether 9d, 3 do hogget BJd, 4 three-quavter-bred (No. 52, pt second combing crossbred) Bd, 2 D. crossbred 7Jd, 2 D. hogget Bd, 1 rams CJcl, 3 B. crossbred 9£d, 4 first pieces B|d, 3 crossbred pieces 6|d, 2 second pieces 6id, 3 bellies 61d, 2 locks, (No. 54, pt pieces)" 4Jd; 0 over 00, 1 merino (part halfbred) lid, 3 halfbred 9|d, 1 crossbred 7d, ] pieces (10 sandy fleece, 8 rams) sd; T W, 1 first combing halflired lOd, 1 do crossbred Bgd, 1 combing crossored Bd, 1 B halfbred 8d; O over T, 3 crossbred 8d; G W in square, 2 merino 14d; A, 2 crossbred 6!d, 1 first lambs 7d; C A, 2 halfIxred' Sd-; J M, 3 halfbred- ewe 9Jd, 2 crossbred hogget 74d, 1 pieces 5Jd; A, 2 scoured fine crossbred Bd, 5 crossbred 7£d; H, 3 greasy halfbred BJd; C B in square, 10 halfbred ewe 91d, 2 do hogget Bd, 1 do and rams 7£d, 1 do pieces 6d, 1 do bellies s£d, 1 do locks and pieces 4d ; IL, 4 halfbred ewe BJd, 2 crossbred hogget 7d, 1 bellies and pieces s£d ; Sx, 2 halfbred B£d, 1 crossbred Gid; H— O, 4 first combing- halfbred 12Jd, 3 do crossbred 9d, 12 do hogget BJd, 1 crossbred and dead 7Jd; 3 pieces 6Sd, 2 bellies s|d; B, 4 scoured super merino 25jjjd (this lot rescoured since last sale) ; — R, 6 greasy halfbred 9£d ; Square over 71, 18 crossbred 9hcL, 3 dp pieces 8d; 1 locks and pieces 4|d; J H conjoined over — , 1 halfbred BJd; AP conjoined, 1 merino 12d; 1 halfbred BJd, 4 fine crossbred B|d, 1 pieces 6Jd; S P, 2 anerino HJd, 5 halfbred Hid, 6 crossbred 10id, 1 second crossbred fleece 9, 2 first pieces 8|fl ; 2 pieces (No. 4 part bellies) 7d; 2 bellies and pieces 6d, 1 bellies and locks 3Jd; J P over "W, 1 pieces sd; O over T, 1 crossbred hogget 7Jd; — over Frankton, 8 quarterbred lljd, 9 lialfbred 9Jd, 3 crossbred hogget Bd, 2 crossbred 7Jd, 5 first pieces 6id, 1 locks 3|d; TJ inverted (in red), 1 crossbred 7d; D Me, 1 halfbred 9Jd; half circle over 1, 1 do lOd; J J, 2 "do 9£d, 1 crossbred 71d, 1 pieces, etc., 6|d; X in circle over Mayfield, 15 crossbred 9|d, 3 crossbred -pieces 6£d; half circle over J J over Kelso, 2 crossbred ewe Bd, 2 crossbred hogget 8d ; X over S, 7 "halfbred lOd, 10 crossbred 7|d, 2 pieces s|d, 1 bellies s|d ; D 9, 3 crossbred ewe B\d, 1 do hogget BJd; 111, 4 crossbred ewe Bd, 4 do hogget Bid; M P conjoined, 6 halfbred ewe B|d, 2 crossbred 8d; H G, 2 do 8d; M M, 1 do 7Jd; W B over Winfield, 7 halfbred ewe ll|d, halfbred maiden ewe 9d, 9 crossbred ewe Bhd, 12 crossbred hogget BJd, 11 pieces and bellies 9Jd, 2 locks 3|d ; 51, 4 halfbred ewe iOJd, 1 do hogget BJd, 1 three-quaterbred hogget 7|d, 1 bellies s|d, 1 pieces and locks 3|d ; WM, 1 halfbred 10|d, 6 crossbred 8d; P clover bar, 1 merino and halfbred lljd, 5 halfbred ewe 10£ d, 2 crossbred 9d, 3 fine halfbred hogget 7|d, 1 pieces and bellies 4id; bracket over S, 7 halfbred (in No. 11, a few crossbred fleece) 9|d, 5 hogget (in No. 7, 4 ram fleece) 8d; HB conjoined, 8 halfbred (in- No. 15, part crossbred) lOJd, 2 crossbred lid, 4 crossbred hogget Bd, 1 halfbred pieces 6Jd, 1 crossbred pieces s£d; bracket over S, 1 bellies (black and merino) 62d,. 1 pieces 3fd ; HP, 8 halfbred ewe BJd, 1 crossbred and pieces s|dj 1 bellies, piecres, .locks 5Jd; MP conjoined, 1 halfbred and crossbred ewe B|d=, 1 pieces and bellies 5 Jd ; HF conjoined, say 4 merino 13d, 4 fine crossbred ll|d, 6 crossbred hogget BJd, 2 crossbred dingy, etc. 6£d, 2 crossbred bellies and pieces 7d, 2 merino pieces and bellies lOd, 1 merino locks and pieces 6d ; Semi -circle over AS, 2 merino 13id, 6 halfbred -ewe 9Jd, 1 merino pieces and bellies 7|d, 1 halfbred bellies and pieces 2£d ; — Square — , 1 halfbred lid, 1 fadge crossbred and pieces 8d; X in circle over Mayfield, 1 greasy merino (black) and crossbred 7%d ; OY, 1 merino lid, 1 merino and crossbred 9d, 7 halfbred S£d, 7 crossbred 7Jd, 1 pieces 6Jd, 1 bellies and pieces 6d; HB conjoined; AP conjoined, 2 merino ewe 12£ d, 3 halfbred ewe 9Jd; HA, 3 do 9^d, 2 crossbred ewe Bd, 3 crossbred hogget Sd, 1 bellies and fleece 6d, 1 pieces sd, 1 locks 2d ; CJ, 16 crossbred wether and hogget 7£d, 1 matted and dingy s|d, 1 halfbred bellies and pieces sd, 1 crossbred pieces 4£d, 1 bellies ssd; U inverted I, 2 three-quarterbred ewe 9d, 1 crossbred (part matted) 6|d; DD, 3 half bred Sd, 2 crossbred 7d, 1 bellies 65d, 1 pieces 6Jd ; JK, 1 crossbred 7£d; J, 2 halfbred lOld, 10 crossbred Bd, 1 pieces 4d ; AA, 1 crossbred/7|d ; W3,"2 halfbred ewe lid, 3 crossbred ewe and hogget 9 ; OF, 1 halfbred lljd, 4,fine crossbred B£d, 1 crossbred 7|d, 2 crossbred (7 part hogget) B£d, 1 bellies and pieces Sid; 1W over IV, 8 lialfbred No. 8 (part merino) 12d, 10 crossbred 9|d, 1 crossbred hogget Sfd, 3 pieces No. 24 (part crossbred ewe) 7d, 2 bellies No. 20 (part lam 6d ; AE B, 1 pieces 6Jd ; J— D, 2 crossbred 9d ; Shamrock, 2 merino 12id, 3 .halfbred lid, 2 halfbred hogget lOJd, 1 crossbred ewe and hogget 7Sd, 1 crossbred Kogget 7Sd, 1 pieces 6Jd, 1 bellies 5d ; 50, 2 halfbred ewe lljd, 2 crossbred ewe 3d, 1 pieces 6Jd ; 4G, 2 crossbred ewe BJd ; Rin XT reversed, 3 halfbred 9^d, 2 crossbred 7d, 1 lialfbred, crossbred, and ram 6id, 1 fadge bellies and pieces 4|d; half-circle over Horse Hoof, 13 greasy halfbred 9Jd, 1 crossbred 7]sd, 2 pieces s£d, 1 locks and pieces, 4£d; TW, over C 5, 7 crossbred ewe lOd, 3 do hogget B£d, 1 do part bellies sgd, 1 pieces 4|d ; AR conjoined, 1 merino and halfbred wether ll^d ; half-circle over RY, 2 crossbred ewe Bd, 1 do hogget, 7Jd, 1 fine crossbred ewe and bellies 7Jd; horizontal D over J5, 10 lialfbred lid, 1 crossbred BJd, 1 do (part pieces) s|d, 1 halfbred pieces 7d; lialf-circle over H, 1 pieces and dead 6|d; CJ, 1 halfbied ewe 12id, 1 crossbred ewe and hogget 8d ; TX, 3 halfbred lOfd, 2 crossbred 9|d, 1 do 6Jd, 1 pieces 6M, 1 bellies and locks 4d ; DX over R, 2 fine crossbred hogget 8d ; RR reversed horizontally, 5 fine crossbred llcl, 2 crossbred 7d, 1 pieces, ciead, and locks 5Hd ; JH in circle, 2 crossbred 6d; RB, 1 halfbred lOd.

3/Tessrs Dalgety and Co. (Limited), Dunedin, report as follows : — The second series of the Dunedin wool sales for the season were held on Friday, the total offerings of the nine "brokers aggregating 11,101 bales, as compared ■with 9440 bales for the corresponding sale last year. Our catalogue, which was a repre&en■fcative one, comprised 2325 bales, of which ■we sold 1937, which, with 284 bales sold privately since our last sale, makes a total of 2221 bales sold. There was a large attendance ■of Home,- Continental, and local buyers, and Spirited competition for all merinos and fine halfbreds, at equal to the highest rates of the season. Medium and coarse crossbreds were, if anything, in buyers' favour, but all low sorts and oddments sold at relatively high rates. We received a cable from our London house yesfterday to the effect that the Antwerp wool sales showed a rise of from 10 per 'cent, to 15 per ■cent. on. the previoxis Antwerp sales. This cable, no doubt, had a beneficial effect on the market here, and we consider that prices for »11 fleece are fully up to London parity, while pieces, bellies, and locks are relatively dearer 3iere than in London. Our next sale will be lield on 2nd February, when we shall biing forward an attractive catalogue. The following

were the ruling values at our sale on Friday, j Merino — superior, to 15Jd ; good, 12^d to 14d ; , medium, lid to 12^1; inferior, 9£d to 10£ d. Halfbred— superior, 13d to 13 Jd; good, 11 Jd to 13d ; medium, 9Jd to lid ; inferior, 8d to 9£d. Crossbred — superior, 9%d to lid; good, 8d to 9Jd; medium, 7£d to 7i|d; inferior, 6id to 7d. Merino pieces — superior, 12d to 12|d; good, lOd to 12d; medium, 8d to 9Jd; inferior, 6d. Crossbred and halfbred pieces. — superior, 9d to lOJd; good, 7kl to BJd ; medium, Gd to 7id; inferior, 4M to shd. Some of our leading sales to-day was as foii lows:— Messrs W. and T. Telfoid, Clifton station, Waiwera South — C over "WT, super merino 15Jd, first merino hogget 15d, do wether 143 d, ! second merino wether l4jd, merino hogget 14J,d,, second do 14d, fir3t pieces merino 12d (sold in i, ccn junction with Messrs Stronach Bros, and Morris). Mr Malcolm Campbell, 'Makarora: MC, combing merino 7 j bales 14|d, do hogget 2 14Jd; cloth merion 9 12id, pieces 7d. Captain Jas. Gardiner, Birch-wood, Wairio : Birchwood, 19 A merino lid, 8 do B 13£ d, first pieces 12Jd, locks 6d. I Mr John Douglas, Mount Royal: Mount Royal I I Crown over heart New Zealand, 13 first combing j merino 13Jd, 12 first cloth do 131 d, 2nd combing j do 13d, first pieces do 12jd, bellies and pieces I 9Jd. Mr John Fleming, Kaihiku : IF, merino 1 hogget 143 d, merino ewe 14d. Mrs Freeland, Pigioot: FI, first combing merino wether 13Jd, 8 first combing merino 13Jd, pieces lOJd. Mr j Don M'Lean, P-atearoa: DMcL, over P, merino ewe 13-Jd. Mr L. Matthewson, Hyde: ZI, 5 A merino 13d, 6 ewes 12Jd. Mr John M'Leod, Gimrn°rburn : FC, merino llfd. Mr John M'Rae, Tarrass DDj 5 merino, Hid. John Fleming, Kaihiku : IF, halfbred E 13£ d. Captain James Gardiner, Birchwood: Birchwood, 8 halfbred wethers 13Jd, do ewes 12|d, 45 A crossbred hoggets and ewes 9d, 11 first pieces Bgd. Messrs W. and T. Telford, Clifton: C over WT, 10 first crossbred ewe first 13£ d, first [ do hogget first 12Jd, 16 crossbred ewe first 92d, 10 crossbred hogget first 9d, 16 crossbred eweBJd. Mr Geo. Sutherland, Middlemarch : G" in square and S in square over T in square, super halfbred 133Ld, first do 13Jd, first crossbred ewe lOJd. Mr John Douglas, Mount Royal: Mount Royal Crown over heart New Zealand, 52 first combing halfbred ewe 123 d, cloth do 12Jd, 40 second combing halfbred ewe and wether ll|d^ 6 first combing three-quarterbred O.fd, 23 first do hogget BJd, halfbred pieces 9d. Mr John Ewing, St. Bathans: JE, halfbred 124 d, 9 crossbred lOJd. Mr C. S. Hay, Deepdell, Macraes: Deepdell, halfbred 12d, C haffbred ll|d, 8 B do lOJd, A pieces lOd. Mr Joseph Mosley, Inchclutha: JY, halfbred ll|d, crossbred BJd. Messrs A. and C. Inder, Naseby : CI, 5 halfbred lljd, crossbred 9£d. Mr A. J. Paterson, Port Molyneux : — "over P, halfbred ewe Hid. Mr John Muir, Hyde: .R4 in circle, C halfbred lljd, Ado lOJd, A pieces 9kl. Mr Chas. Cowen, Moonlight: 11 in circle, 10 first combing halfbred E Hid, crossbred wethers lOJd. Mr Mark Roberts, Gimmerburn: MR, 6. halfbred lljd, crossbred 9d. Mr P. Toomey, Waikouaiti : PT over W, A halfbred lid, halfbred 10|d. Mr P. M'Donald, Ida Valley: MD (red), halfbred ewe lid, crossbred hogget B|d, first pieces B|d. Mr James Black, Gimmerburn: BY, 8 halfbred hogget lOJd, crossbred E B£d. Mr B. Bray, Waikouaiti: OB conjoined, A halfbred ewe 10|d, A crossbred BJd. Mr W. Baxter, Patearoa: triangle in triangle, halfbred ewe and wether lOfd, crossbred hogget 9d. Moffat's estate, Kaihiku: WM, halfbred- E 10} d, crossbred E BJd. Mr J. V. Wallace, Clinton: ÜB, A halfbred aO|cl. Mrs T-hompson, Middlemarch: TT over FouMen Hill, 6 halfbred «we and wether lOgd, A crossbred lOd. Mr James M'Knight, Blackstone Hill: M 2, 9 halfbred 10? rd. Mr T. J. Duffy, Patearoa: ED, 5 halfbred E 10£ d, crossbred hogget Bd. Mr A. C. Iverson, Alexandra: A 4 conjoined, 6 halfbred lOid. Mr Laurence Matthewson, Hyde:- Halfbred 10"id. Mr W. j H. Bayly, Green Valley: — over 8, 8 halfbred J 10|d. Mrs Smaill Balloon, Inchchitha : — over AS, 12 crossbred wether lOd. Mr John M'Leod, Gimmerburn : FC, halfbred lOd.

Messrs Stronach Bros, and Morris report having held their second wool sale of the season on Friday at the Agricultural Hall, when there was a very large number of both buyers and owners present. The result was a most satisfactory sale for all descriptions, and prices all round were higher than at the opening sale of the season, so much so that we must warmly congratulate the various vendors who had the good fortune to offer their clips by auction on Friday. It was anticipated that the broken weather in the country up till the New Year would make the sale a small one, but this v/'as not so, as during the few days preceding the sale wool literally poured into Dunedin, and the various catalogues totalled over 11,000 bales. Our catalogue contained nothing very choice, the highest prices being the following:— Merino— MS, 13|d; SH over B, 13 li. Halfbred— MT, 13d; ET, 12Jd; TD, 12Jd- MS, 12d; Cora Linn, 12d. Quarterbred — JD, 13id; SH over B, 13d; Kaitoa, 12Ad. Crossbred— MT, lOJd; SH over B, lOJd ; DRJ, 10^d. Ronmey hoggets — Mainholm, Q%. Pieces— Cora Linn, lOd; MS, 9£d; Kaitoa, 9£d. We offered by auction 769 bales, and in conjunction with Dalgety and Co. (Limited) 288, a total of 1084 bales. Messrs Wright, Stephenson, and Co. report: — The second sale of the season was held on Friday, when 11,100 bales were catalogued by the nine Dunedin brokers. Our catalogue comprised 25 per cent, of the quantity offered, with 2909 bales, the whole of which, with the exception of some twc*faales scoured, was greasy, and included some of the finest clips grown in Otago, notably among which were the following: — Messrs G-. and J. S. Nichol (Clarks), N over Abbotsford; Mr John Reid {Oamaru), Balruddery over Arrow through B reversed R conjoined; Messrs W. and IT. Reid (Outram), Horsehoof; Messrs Murray, Roberts, and Co., Lochindorb; Mr D. Ross (Palnierston), DR; Mr F. F. Neill (Waikouaiti), FN over Tumai; Mr Alex. Murdoch (Kyeburn), TJ ; Mr P. A. Watt (Kaihiku), JW ; Mr J. A. Johnston (Waikaka), AJ; Messrs Begg Bros. (Hillend), BB over Anchor; Mr James Robertson (Lawrence), PR over L; Mr James Chapman (Dunback), JC over Stoneburn; Mr T. F. Robertson (Heriot), Spylaw, Mr C. J. Hurst (Waimate), CJH over Brooklands. It gives us much pleasure, and we are sure it will delight the pastoralists of Otago and Southland, more especially those whose flocks are run upon the mountainous districts, to learn of the results of Friday's sale. The owners of merino and halfbred flocks had a rare innings for their products, and although we have been in the trade for over 30 years, we have never known such prices to be paid as were current at our sale in the Agricultural Hall last evening. Buyers vied with each other in their anxiety to secure the finebred wool, and the result of the sale of these classes was a record for the colony in prices. For example, for Messrs G. and J. S. Nichol's clip, from their Abbotsford Station, we obtained 16d per lb for merinos and 14Jd for the halfbreds. A number of other well-known clips of superior merinoa realised from 14 Jd to 15Jd, and choice halfbreds and quarterbreds fetched from 12?td to lSd ; superior first merino pieces fetched 12d to 13Jd. In contrast to this state of things, however, coarse crossbred wools were at a discount, and although buyers were prepared to take all on offer, it was only at a reduction of Jd to 2d in the rates ruling at the opening series of the season. This change in the market was not unexpected, for both the Timaru and Invercargill sales showed a similar change in rates, although the improvement in finer wools was not so marked. All pieces and locks in particular attracted special attention at extreme

prices, and were fiom to Sd higher. There appears to be a general feeling of disappointment by the glowers of the. coarser qualities that the prices current are moie or less unsatisfactory, but they must bear in mind that these classes have not participated m the advance to anything like the same extent as the finer grades and merinos, but those who have closely followed the market will recollect that there has been a gradual and continuous advance on the finer wools since May, and it was only at the November series that crossbreds showed any improvement, and then oniy to the extent of about 17V per cent., so that prices ruling here this season for these classes, although apparently - low, are quite on a parity with those ruling m Loudon. The following are, yesterday's prices, for the different descriptions: — Merinos — Super 16d to 14Jd, good 131 dto 12d, medium 1] Id to lOJd, inferior lOd toOd; halfbreds — Superior 14U1 to' 12d good HJd to lOJd, medium 9Jd to S^d ~ inferior 8d to 7d; crossbreds — Super 10\d to Oid, good 9d to B\d; three-quarterbied longwools— Super 8d to 7d, good 7d to GJd, medium 6d to 55a, inferior 5Jd to 4£d: pieces and bellies— Super ]1M to Bd, good 7Jd to 6Jd, medium Cd to sjd inferior 5d to 4d; locks— Super 5d to 4id, good 4d to 3Jd, medium 3d to 2id, inferior 2d to Id. The following wools sold by us brought top prices in their respective classes :— Merino— ISI, 1 bale merino 14V1; N over Abbotsford, 5 A combing wethers IGd, 9 first combing lojd, 2 second do 14 Jd, 5 first clothing 14£ d; JC over Stoneburn, 1 first combing ewes and wethers 14 Id, 2 first do hoggets 13id ; JW, 1 super 33|d; PJ, 2 merino 13d; Spylaw, 3 do ld\&; Semicircle over W over Semi-circle, 3 merino ewes 13d; AJ, 4 merino 15id. Haifbreds— C, 2 bales halfbred ewes 12d ; PR over L, 8 fine ewes 12d ; BB over anchor, 35 first combing wethers 12d' OJ over W, 2 ewes 13^cl; ISX, 2 halfbreds 12d; N over Abbotsford, 9 first combing ewe 12+ d, 13 first combing wethers 14d, 5 do hoggets 12JdJB, over heart, 2 ewes 12Jd; JW, 6 do 13fd ; DR. 1 super 13|d ; TS, over C, H ewes" 13d; CHJ over Brooklands,9 first combing ewes 12Jd • AJ, 4 ewes and hoggets JSJd. Crossbreds— DS, 5 bales hoggets 10£ d; Anchor, 3 crossbreds ll^d; BB over anchor, 3 first combing wethers 13d; "Mt. Benger over ME, 17 first combing ewes and wethers lOd ; OJ over W, 6 ewes and hoggets lOd; LEE, 3 crossbreds lO^d; over AT, 3 ewes, lOJd ; N over Abbotsford, 24 A first combing ewes lid, 35 A do wethers 12d, 14 do hoggets 10£ d; Hoof, 23 first combing crossbreds llfd — over FH, 1 crossbred lOld; 2F, 2 do 12M ; 83, 2 ewes lid. Three-quarterbreds— Bß over anchor, 45 bales first combing wethers lOd; CJH over Brooklands, 5 do lOd; Lochindorb, 4 ev/es and wethers Sfd ; 12 in Triangle, 6 ewes and wethers 9|d. Pieces: — Merinos — N over Abbotsford, 1 bale pieces lid; JC over Stoneburn, 2 do lOJd. Halfbreds— JA, 2 bales pieces SJd; GFR, 6 do Bfd; BB over Anchor, 9 <2o lO^d"; Lochindorb, 7 do 9£d; Ocean View 3do 9d ; DE, sdo 9|d. Crossbreds— A over 111varee, 2 bales pieces 7id ; ISI, Ido 8d ; IST over Abbotsford, 4 do lOJd, 7 do 9£d; Horsehoof 7 do 9j>d. '

The Farmers' Agency Company report having held their second sale on Friday, when they offered a catalogue of 826 bales, which included some very choice parcels, notably the clips of Messrs Robert Robinson, sen. (Berwick), A. C. Begg (Cairn and Willowburn), John Howat (Tapanui), D. Williamson (Clinton), John Sutherland (Waitahuna), R. Chalmers (Upper Owaka), Jno. Boyle (Clinton). There was spirited competition for all the finer kinds of wool, the prices, compared with previous sales. being more than maintained. Super to good halfbred sold up to 13|d. Owing to the late hour at which the sales were completed, it was impossible to publish a detailed list of prices realised, which will appear in Monday's issue.

Messrs Maclean and Co. report having held their second sale- of the season on Friday, when there was a very large attendance of the trade generally. Bidding was a trifle slower than usual, unless where the fine classes of wool were concerned, when it became very lively. Taken all through, pales must be considered highly satisfactory, especially for all fine wools, and in the case of the coarser qualities, although in some instances more was expected, still the rates realised show an advance on last year's of l\d. to 2d, and this must be considered very good. Pieces and bellies elicited keen bidding and good prices in eveiy case. On a rough estimate the difference in prices from last year means something considerably over £50,000 to Otago on Friday's catalogues. Following are a few of our leading prices: — 3M over Owake, 12 bales crossbred ewe, wether and hogget 3d, 1 bellies and broken fleece 6Jd; — over & in heart, 1 merino paid halfbred ewe Hid, 6 halfbred ewe lOJd, sdo 10 Jd, 3 halfbred broken fleece 9d, 3 halfbred hogget Bd, 1 halfbred broken fleece and second pieces 53d, 5 crossbred (4 E, 1 W) Bd, 2 crossbred hogget 73(d, 1 halfbred and crossbred hogget 7, 1 Leicester rams and dingy 6|d, 4 halfbred first pieces 7Jd, 1 halfbred bellies 6Jd, 1 locks and second pieces 3f d ; TJ inverted over two bars over 1, 4 fine crossbred" ewe lOJd, 2 threc-quarterbred ewe B^l,l first pieces 7d ; HH, 5 halfbred 9%d, 1 bellies and pieces 6id; PI, 4 halfbred ewe BJd, 1 crossbred hogget BJd; A in heart, 9 crossbred ewe 12d, 5 crossbred hogget 10£ d, 2 first pieces Bd, 1 bellies 7d, 1 second pieces 3^d ; H2, 6 halfbred ewe A HJd, 8 halfbred wether A 10]. d, 2 halfbred hogget A 9d, 5 three-quarterbred ewe A. B|d, 5 three-quarterbred wether A BJd, 1 three-quar-terbred bellies s£d ; GHG over Stirling, 2 crossbred ewe Bd, 4 crossbred wether 7Jd, 9 crossbred hogget Bd, 1 crossbred matted CJd, 1 crossbred pieces 4Jd; M, 1 merino and halfbred lid, 1 halfbred lOd ; BR, 2 halfbred ewe 10? d, 1 bellies 61d, 1 locks 3f d ; AG, 1 merino and halfbred ewe 11 Jd ; AG, 1 pieces Gd; WA over star, 1 crossbred 9d; F4, 2 halfbred Hid; F4 over F4, 2 crossbred 9id; ST over Goodwood, 5 fine crossbred 10kl, 1 pieces GAd ; ZV, 1 merino wether and halfbred ewe lid, 1 merino wether, halfbred and crossbred ewe Sd, 5 crossbred ewe Bd, 1 bellies 4£d; GA, 1 Leicester ewe and hogget G£d ; P 5 over Giadsmuir, 4 fine crossbred 9d, 1 bellies 6Jd, 1 first pieces 7kl, 1 second pieces and locks sd.

fescrip. f Super. I Good. Medium. E. & Inf. 3i easy : M» rino Halfb'd Cro's'i'd cour'd : Merino Greasy : Pieces Bellies Lrcka <i. d. 14 to lfif 13 to J4J 11 to 121 d. a. I 12 to ]^- 11 i to li? 9 to 10J I d. d. •10 to 11? 9 to H 7-1 to 8| <l. d. 9J to 10? 7? to £|- 61 to 7i so to a;j 18J to 191 17 to 18 16 to 16£ 10 to 32 7i to 8 2 to <IJ 9 to 9? 6J to 7 6 to 7J 5 to 61 5 to 55 4 to 4-J — — I