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THE WOOL SALES.

AUCKLAND, January 7. r The second "wool sale of the Auckland season will be opened on Wednesday, ' when a catalogue of 6500 bales wil' be , submitted for competition. This is the / largest catalogue ever offered in A tick- \ land, and is an increase of no less than 1445 bales on the January sale of last? year. NAPIER, January 5. The second wool sale of the season waa held to-day, when a record catalogue of 13,698 bales wa* offered. A very large proportion of this was coarse crossbred, so that for wool of this description there was not the same animated bidding as at the previous sale, but prices all round were about the came for equal quality. For the rougher sorts prices were a shade higher than at last sale. For fine halfbrec> wools there was a keen demand and prices were rather higher than at the December sale. The following is the range of prices : Fine halfbreds, up bo 12d ; fine croesbreds, 9d to 11 id; medium crossbreck, from 7£d to BJd ; clean bright lots, up to lid ;• coarse crossbreds, s£d to 7jd ; lambs ranged from s£d for inferior up to Bi<i for the better grades. "*• January 7. The Tyser liner Niwaru, which loaded wool in New Zealand for the London January sales, arrived in London on Wed*

< tiesday, 6th inst., after a passage of 41 ; -days, and in ample time for her wool i to be included in the lists. * ■ WELLINGTON, January 8. The third wool sale of the season, held ; _to-day, lasted from 2 p.m. till near midnight, and even istar lots of 6ingle bales . y>were held over till to-morrow. There was - a large attendance of buyers, and bidding was animated throughout, competition being keener than at previous sales this season. Americans were, however, working on lower limits, and wools suitable for them were lower in price by about |d. Other wool sold remarkably wall. The " Bradford section of purchasers took the bulk of the lines in the catalogue. The French took the best of the halfbreds and most of the lambs' wool "at good prices. The range of prices was as follows : — Merino : Fair to medium, 8d to 9d. Halfbred : Medium to good, 9d to 10±d ; inP ferior, 6Jd to B£d. Crossbred and Rom;'neys: Light condition, B£d to 9£d ; '„ medium, 7d to 8d ; inferior and shabby, s±d to 6d. Crossbred and IJneom: Bright, ,7d to 7^d ; inferior to medium, s£d to 6d. Corriedale: 7^d to B£d. Lambs: Fine bright, 8d to Bjd: medium to coaree, 6£d to ?id. Pieces: Fiae, 4|d to 7d; coarse, 4£d to s£d ; bellies, 4^d io ssd ; locks, 2^d to Sid. Messrs Dalgety a-nd Co. (Lt<3.) xoport • having received the following cablegram from their head office, dated London, Bth January: — Wool: Market firm. Merino: „ Expect" that prices will rule 5 per cent higher as compared with last sales' '■ closing rates. Crossbred: Expect that price© will rale 5 to 10 per cent, higrher jte compared with kat sales' closing- rates.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/OW19090113.2.13.32

Bibliographic details

Otago Witness, Issue 2861, 13 January 1909, Page 21

Word Count
500

THE WOOL SALES. Otago Witness, Issue 2861, 13 January 1909, Page 21

THE WOOL SALES. Otago Witness, Issue 2861, 13 January 1909, Page 21