DUNEDIN WOOL SALE.
LOTS SMALL BUT PRICES GOOD,
SEASON'S TOTAL, 40,672 BALES
An hour and a-half sufficed to clear out all lots offered at the fourth and last wool sale of the season held in the Art Gallery Hall on Thursday, 3rd inst. The total offering was 836 bales, the catalogue being comprised as follows:—Ota go Farmers' Cooperative Association, IS bales; National Mortgage and Agency Company, 4-1 bale 6; Wright, Stephenson, and Co.~ 308 bales ; Donald Reid and Co., 160 bales; Dalgety and Co., 117 bales; New Zealand Loan and Mercantile Agency Company, 172 bales; Stroijach, Morris, and Co., 23 bales. There were about 20 buyers present, and competition was good. A catalogue of 836 bales is, of course, an exceptionally small one. The number offered at the corresponding sale last year was 1573, but the total for the four sales held this season is 40,672 bales, as against last season's total of 38,009 bales, thus showing an increase; for this year of 2663 bales. This may be taken as an indication of the increasing popularity of local sales as against selling on the London market. The prices realised on the 3rd were on a par with those obtained at laßt month's sale. The lots were composed of stragglers and late ehorn wool, with a few low of slipe and washed. The National Mortgage and Agency Company report that the highest prices ob-
by them for greasy wool was 12|d.' for three bales ' of halfbred wethers on account of T. A. Pannett, Hill Springs, Roxburgh, and Hid for two bales of merino wether from the ; same station. A bale of i scoured wool from D. Hug-hes, Cambrians, j realised Is Hd per lb. . The New Zealand Loan and Mercantile ; Agency Company (Ltd.) report having held their fourth* wool, sale of the season at the j Art. Gallery yesterday afternoon, when they I submitted a small catalogue of 171 hales, : consisting mostly of stragglers and oddments. Bidding on all lines., was animated and competition was keen, prices on the whole being fully equal to those realised at last sale. The whole catalogue, with ; the exception, of 11 bales, was cleared at full | values. .-...<• , „ ~,,.! Messrs Stronach, Morris, and Co. (Ltd.) report having submitted a small catalogue. Competition was very keen, and all lots | sold at prices slightly above last sales i' a *ee. | They sold scoured halfbred pieces at 17d and 16id, greasy halfbred to 12|d, and greasy crossbred to 10|d. _ . . i Messrs Donald Reid and Co. (Ltd.) report :-We held our fourth sale of the season at the Art Gallery Hall and submitted a catalogue of 160 bales to a moderate attendance of buyers, practically the whole offering was made up of stragglers' wool and oddments fronr back country stations. The sale proved -to.be a highly satisfactory one. values bein?, M y ecual to and, in many instances, decidedly in* advance of previous sale pncf* when th P mialitv of the wool submitted is consufered We cleared the whole of our catalogue under good competition. Messrs Wright, Stephenson, and Co. ier,ort as follows:—We held our fourth sale For this season on Thursday. The catalogues submitted were small, aggregating in all about 855 bales, and of this total we offered 306 bales. The wools forward were almost exclusively made up of late-shorn lots both crossbreds and merinos, and consequently all of them were heavier ill condition, and some were in a most unsightly condition from the presence of the tenacious biddi-biddi. There was a capital attendance of buyers. Bidding was well sustained throughout, and prices for all fleece wool, quality and condition taken into account, were the dearest of the season. Owing to the woollen mills having filled their requirements for the year, pieces, bellies, and locks were scarcely so dear as at the last sale, but still th«? aealised very full values.
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Bibliographic details
Otago Witness, Issue 2921, 9 March 1910, Page 8
Word Count
641DUNEDIN WOOL SALE. Otago Witness, Issue 2921, 9 March 1910, Page 8
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