THE WOOL SALES. LONDON, May 27.

Otago Witness, Issue 2516, 4 June 1902, Page 19

THE WOOL SALES. LONDON, May 27.

At the wool sales prices for merinos were the highest of the series'; crostbreds are unchanged. The Paparamu clip sold at sd, the Tukihuki at s£d, the Waterloo at lOjJd, and the Waratin at Is. — - May 29. The wool market is animated and firm. The Puketoi clip sold at 10 Id, and AVelltown at llfd. The wool sales were animated, and all classes firm, excepting low crossbreds, which favour the buyer. The fifth series of sales opens on September 16, and the sixth series on November 25. No limit has been fixed to the quantities offered. June 1. The quantity catalogued to date is- 240,01)0 bales. Taken for home consumption, 112,000 bales; Continent, 117,000 ; America, 3000 ; held over, 18,000. All merinos, mediums, fine merinos, and crossbreds closed at highest rates of the series; low crossbreds barely maintained their opening rates. The advance in fine wools appears sound and secure. The anticipated supplies for the remaining series are comparatively small. Probably 350,000 will be all that are available for July aud September. DUNEDIN SALES. The Dunedin Woolbrokers' Association held the fifth sale of the season on Thursday. There was a fair attendance of buyer?, and the bidding was animated for all decent lots. The bulk of the wool offered consisted of past and stragglers' lots. Fine wools, in sympathy with the Home market, were tie cidedly firmer, and 111 some instances showed an advance of close up to Id on the previous sale. The lots offered were in good demand from 6d to B£J. Coarser wool- 1 , although not in such demand, were fairly firm at from 3£d to 4 id. Messrs D. Reid and Co. (Limited) report as follows : — We held ouv fifth wool sale of the season at the Agncultuial Hall on Thursday, when we submitted a catalogue comprising 49 bales and 45 bags. The quality ot the wools put forward was for the most part very inferior, consisting almost entirely of seedy and stained stragglers' lots and late shorn clips. All the local buyers were in atf-o-ndance, and competition throughout was good, the prices lealised for fleece wools being rather better than those ruling at last sale. Dalgety and Co. (Limited) report having received the following cable from their head office, dated London, 26th hist. : — " Wool take continue firm, and prices are 1 rather higher." Mesn-s Dalgety and Co. (Limited) report having received the following cable from their head office, dated London, 28th in&t. : " The fifth series of wool sales has been fixed to open on September 16, and the sixth series to open on November 25. The quantity of new wool to be included is not limited." IXVERCARGILL GRAIN MARKET. INVER.CAR.GILL, May 30. The local oat market is firm, all offering finding buyers at 2s 4*d for A grade, 2s 4d for B grade, and 2s 3d to 2s 3£d for C grade, on trucks at wayside stations (sacks extra). There is a good inquiry for bright seed Tartars at 2s sd, on the same terms. SALE OF A CLYDESDALE COLT. Mr James Gow, of Invermay, sold last week, at a satisfactory price, his two-year-old colt King Edward, by Lion King, the pui chaser being Mr M. A. "Toomey, of Ternuka King Edward (425) was foaled on November 19, 1899, •ire Lion King (306), dam Biossoin U015.) ky

Crown Prince (430), g dam by Young Prince of Wales (imp.), g g dam by Southhorne (58), gg g dam imported from Tasmania. Lion King (306), by British Lion (270, imp.), dnm Scotch Annie (346, imp.), Crown Prince (430), by Lord Salisbury (114, imp.), dam Damsel (impoited by late Mr M'CalJuni); Young Prince of Wales (imp.), by Drew's Prince of Wales; Sonthliorne by Thane of Clyde (imp.). King Edward was shown for the first time as a two-year-old at the Taieri show in 1901, taking first prize in a very strong ring. Blossom, dam of King Edward, was oaown as * dry mare at the Taieri in ISSB, being awarded first prize in her class, . and champion prize for mare or filly. In 1899 at the Otago Metropolitan Show, with King Edward as foal at foot, she took first prize as brood .mare. The prises taken in New Zealand by Lion King, Lord Salisbury, British Lion, Crown Prince, Young Prince of Wales, Southorne, Scotch Annie, and in Scotland by Damsel, would fill a book, and it is not necessary to emirnerate them here. It should be noted that there is not a single objectionable name in this pedigree. Blood like this must produce good stock, and Mr Toomey is to be congratulated on securing this fine colt for the Ternuka district.