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THE WOOL SALTS.

SYDNEY, March 1.

The present series of wool sales has closed. Competition was brisker for bettsr qualities, and prices well maintained, but fauities and badly got up parcels were difficult to place. Greasy sold to lljd, and scoured to Is Bd.

THE DUNEDIN SALES

The fcurth wcol sale of the season's series was held at the Agricultural Hall Buildings on. The attendance of those interested I was fairly representative, three or four Home buyers being present and anxious to do busiress, and Canterbury, Bruce, Oamaru, the local mills, and local speculators being well represented. Prices obtained compared very favourably with thoso^, ruling at the last sales held here, considering that the wool was m a heavier condition. Especially for bright, light, well-conditioned wools, prices were quite on a par with, values at last auction. A total of 1343 bales were offered, the brokers selling being " Messrs Moritzson and Co., the Otago Farmers' Co-operative Association, Stronach, Morris, and Co. v Daleety and Co., Wright, Stephenson, and Co., Donald Reid and Co., the New Zealand Loan and Mercantile Agency Company, and the National Mortgage and Agency Company in that order of sale. Appended are the reports from the various brokers : —

Messrs A. Moritzson and Co. report having held their fourth wool sale of the season at the Agricultural Hall on Thursday. TEeir catalogue was only a medium-sized onf\ and most of the wool offering was heavy-conditioned and in most cases seecy. Prices obtained compared very favourably with those ruling •at the last sales held here, considering that the wool was in a much -heavier condition. There was a large attendance of buyers, including fellmongers, shippers, and representatives from other centres. They quote: Best halfbred, light, up to 9|d to-lOd; medium, do, B|d to 9£d; heavy-conditioned halfbred, 8d to Bid ; fine crossbred, light, B|c> to 9Jd ; medium do, BJd to B|d ; inferior do, 7Jd to 8d ; halfbred pieces, light. s£d to 6d ; etc, heavy, 4fd to s£d ; crossbred pieces, 4£d to s*d ; locks and stained. 3Jd to 4d.

The Otago Farmers' Co-operative Association report: — Considering the limited^ mimber of bales catalogued, the attendance was fairly representative, three or four Home buyers being present and eager to do business, ?s were also the representatives of Canterbury, Bruce, and Oamaru, the local mills, and local speculators. It was rumoured, and, we presume, justly so,

thai there would be a considerable fall in prices from values of last sale ; but we axe pleased to mention that the result of our sale goes to show that prices obtained by us were quite on a par with values of last auction, especially for bright, light, well-conditioned wools. We offered a catalogue of 111 bales, and a clearance of the lot was made at auction. The following are a few of cur best prices : — Crossbreds : PL con3oine<3 in circle, 9d; JL, B|d; MD, B|d; PC over H, 81d. Halfbred : PL conjoined in circle, 9Jd; PC over H, 9Jd. Merino : H over 8,, 9£d ; SK in circle, 9Jd ; AP conjoined, lOd ; PL conjoined in circle, 9Jd ; PC over H, lOJd. Bellies and pieces: JL, 6|d; PC over H, 6|d; PL conjoined in circle, 61d» Dalgety and Co. (Limited) report.-— The fourth and last, sale of the series of the Dunedjn wool sales was held on Thursday, when 1343 bales were offered. To this total we contributed 353 bales and sold 301 bales at auction, which, -with 93 bales sold privately, brings our total up to 394 bales. During the season we have sold at auction and privately 6230 bales, which, when compared with our total sales for last season of 5188 bales, shows the very satisfactory increase of -1042 bales. Considering the lateness of the season there was a large attendance of buyers, competition throughout was particularly keen, and prices realised for .fine wool, either merino or halfbred, were decidedly in favour of sellers. Coarse wools were also well competed for, but prices cannot be- quoted any higher than those ruling at the last sale for this quality. Pieces, bellies, and locks were slightly drregular, and on some lines the prices obtained* did not cosne up to expectations. Our- catalogue -was principally made up of small* clips, a few of which, came from Central Otago, which, owing to late shearing, were rather heavy in condition, and in one or two -oases slightly seedy ; -consequently we -have no high prices'. ±0 quote. Our top .price for merino was obtained, for Mr X Paulks's (of Makarora) 11 bales combing merino, which was of very nice quality andl light "in condition. In Jialfbred we realised tlie satisfactory price--of JtQJd for Mr D. Malloch's (Bendoran) ewe ■woolj which l was bright, sound, well-grown, and in- excellent condition. The following are some of our. principal sales: — Ifferino. — Gloseburn (Mr P. M'Cormick. Queenstown), 3 hales merino 9Jd; PT over W (Mr P. Tooraey, Waikouaiti). 1 bsle merino 10% JF over-Makarora (Mr J. Faulks, Makaxora), 11 bales combing merino lOd, 5 combing ewe 9Jd. — HaTrfbred.— Bendoran (Mr D. Malloch, Httlgrove); 2 bales first combing halfbred ewe lOJd ; f -through E"W over 2 (Mr F. H. Ward, Waikouaiti),. 2 bales ta-lfbred E A lOd; JF over Malcarora {Mr J. Faulks, Makarosa), 2 bales halfbrea lOd; RL. (Mr D. Kerr, jun., GimnierDurn), 1 bale halfbred 9|d. Crossbred. — DB over bar (Mr D. Bell, Hawea Flat), 5 bales -first crossbred 9|d; JF over „ Makarora (Mr J. Faulks,, Makarora), 1 bale crossbred 9|d; KS (Mr D. Kerr, Dunback), 3 bales crossbred 9d; MI in circle (Mr R. MT3ona!d, -Miller's Fiat), 3 bales crossbred B|d; Manapouri (Manapouri Station). 11 bales croßabred-81d. -The New Zealand Loan and -Mercantile Agency Company (Limited) report having held ineir fourth -wool sale on Thursday. They offered, a .catalogue of 257 bales, and disposed of nearly iihe whole of it \tnder spirited competition. The highest price secured was lOJd for a~: merino ■clip from "the Lakes district. Price.s for coarse crossbred were^slightly under those, xnling at last * sale, but for the. finer grades of'wool values^were well maintained. IMessrs-Stronach, Morris, and Co. report as fellows :— ¥e Held our fourth sale of the season at- the Agricultural Hall Buildings on Thursday, 2nd: inst. __ The attendance of buyers was smaller than usual, althoughthere-weTe one or two present who were bidding for the first tima , this -season. All buyers were keen to do business, and in consequence competition was animated. We had, on "the whole, a very-satis-factory sale — values, -especially for the finer sorts, being in excess of those ruling at last auction. The" bulk of our catalogue of 94 bales- was made up of lately-shorn clips, and many lots were of a seedy nature. We had nothing 1 of special merit forward, and our top prices were 9§d~for merino, halfbred, and crossbred. "Pieces and locks were again in strong demand, and sold at relatively higher rates than fleeces. Tie season las been a very satisfactory one, and we congratulate growers on the exceedingly good Teturns secured for their clips. "he National Mortgage and Agency Company report having offered a small catalogue of 37 lots, comprising 70 bales. There was * fair attendance of buyers, and prices were about on a par with those realised at last sale. They sold merino up to 9|d, and one line of halfbred ewe realised lOd. Pieces and locks were well competed for throughout the sales, and brought full rates. Donald Reid and Co. report: — ¥c submitted a small catalogue of 195 bales, largely com- ' posed of oddments, stragglers' clips, and a few lots which came forward too late for the previous- sales. There was again a large attendance of buyers, and spirited bidding for every lot, with the exception of tlie early-shorn lots. The bulk of what was offered to-day wa3 of a rather mixed character (heavy and seedy), and •considering the class of wools we offered price* 1 were quite on a par with those ruling at the previous sile. ■Messrs "Wright, Stepienson, and Co. report as follows: — The fourth of .the 1904-5 -series -of Dunedin wool sales was held in the Agricultural Hall Buildings on Thursday, 2nd inst., when catalogues totalling 1343 bales wool were submitted ~to competition. Our offering was 239 bales, comprising a few clips which did not reach us in time for our sale ou the 3rd February last, and oddments, such as stragglers' wool, etc. Prices for all fine wools were very satisfactory, and considerably firmer than values ruling at the last series. Halfbreds were also in good demand at par to Jd per lb advance. Crossbreds, moxe especially low grade sorts were slightly easier, in sympathy with reports from London. We had no high-grade wvls forward for this auction, and consequently have no record prices to quote. A few of our most important saJes were as under: — Bar over T in diamond, 5 bales merino 92d; X in circle, 2 merino 9£d ; 2, 1 merino l)Jd ; A in circle, 6 merino l)£d ; AX, 2 merino 9Jd ; Kin circle, 7 merino, 9d; BJ, 10 quarterbred 9d : GM, 1 fine halfbred 9£d ; EHX. 4 halfbred 9?d; Waipori, 2 halfbred 9Jd ; T6, 3 crossbred 9d ; WJM, 3 crossbred 9d ; bar over T in diamond, 3 crossbred 9d ; HY, 7 crossbred 9d We are glad to report that our actual sa^es, both at auction and privately, show 3 considerable advance on last year's figures, and for this we thank our clients.

TIMARTJ WOOL SALES

TIMARTJ, February 28. -The fourlh wool sale of the season was held liere this rooming, when a small catalogue was disposed of at prices abou.t on a nar with thoss ruling at last sale, merino being, if anything, slightly better. Scoured merino made up to 18Jd'; halfbred, 9|d ; crossbred, 9d ; fhree-quarterbred, 8d ; three-quarter merino, 9Jd; bellies and piscss, 6d to 71d; locks, 4d to Sid ; merino pieces, Shd.

Messrs Dalgety and Co.'s cable advising the closing of the list of arrivals for the corresponding: series of sales last year read as follow: — The new arrivals have amounted to

272,000 bales, of which 110,000 bales have been forwarded direct to the manufacturers at Home and abroad, leaving 168,000 bales available for sale. DUNEDIN MARKETS. WHOLESALE PRODUCE 11EPORTS Mr J. Fleming:, Princes street soiith, reriorts under date the 7th insi. :—: — Wheat t>er busnel. per ton - Best milling 3/5 Barley dust ... 75 Medium do 3/4 Oatmeal, in SB's 200/0 Fowl*' ... 3/o—3/3 Oaten chaff 60/— 7O/0 Milling cats 1/10 Ryegrass hay 55/o— 6o/0 Feed oats 1/S— l/9 Straw 35,0 Malt barley .. 3/3 Pearl barley .. 260/0 Feed barley ... 2/2 Onions 12/0 cwt. Cape barley ... 3/0 per Ib. Maize... 3/o— 3f6 Rolled bacon ... 7H per ton. Side bacon ... Sa Flour, in 200's ... 200/0 Smoked hams .. 9.i Flour, in 50's ... 215/0 Cheese ... 4}d-43d Pollard 100/0 Good salt butter, 7d to Bran 65/0 Bd, according to quality Potatoes more plentiful ; quality not extra good. Selling at £0 to £7 per ton, according to quality. FARM AND DAIRY PRODUCK. Messrs Irvine end Stevenson, George strfeef-, report paying for produce during the week ending the 7th inst. as follows :—: — Bacon (roll), 8d p. lb Fresh butter, Sd to Ham, 9d p. lb lOJd per lb Fresh eggs, 3/1 dcz Salt butter ; not buying

4}d-43d

Fresh butter, good ordinary (in lib and Vlb prints), 6d to Sd perlb. Pigs <>30lb to 1601b), 'id per lb.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19050308.2.79

Bibliographic details

Otago Witness, Issue 2660, 8 March 1905, Page 30

Word Count
1,878

THE WOOL SALTS. Otago Witness, Issue 2660, 8 March 1905, Page 30

THE WOOL SALTS. Otago Witness, Issue 2660, 8 March 1905, Page 30

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