WOOL SALES

Otago Witness, Issue 3183, 17 March 1915, Page 32

WOOL SALES

THE DUNEDIN SERIES. KEEN COMPETITION. The Dunedin Wbolbrokers’ Association (Messrs Dalgcty and Co., National Mortgage and Agency Company, New Zealand Loan and Mercantile Agency Co., Otago Farmers’ Co-operative Association, Donald Reid and Co., Stronach, Morris and Co., and Wright Stephenson and Co.), report as follows;—’Wo hold a supplementary wool sale yesterday afternoon, when the a&soelated brokers offered about 1500 bales, contasting of lute shorn clips and stragglers lots. There was a largo attendance ot buyers, including a- good number of the oversea buyers, and competition was exceedingly keen. Prices for crossbred fleece were from Id to per lb above those of tlie February sale, while merino was also firmer. Pieces, bellies, and locks sold at about last sales’ rates,- and crutchings were Ad to 3d per lb dearer. A fair amount of sline wool was offered, and realised up to 18id for crossbred, and 20 Ad for lambs. The following table gives the range of prices ruling at the sale: — Merino — d d Super ••• 12 to 14^ Medium to good ... 10 to 11| Inferior 9 to 10 Halfbred — Super 14 to 16^ Medium to good ... 121 to 15| Inferior 11 to 12 Crossbred — - Super v to 16j> Medium to good ... 12A to 14i Inferior 10A to 12 Pieces — Super 113 to 123Medium to good ... 9g to HA Inferior 7A to 9 Crutchings* 8 to 10A Locks 4 to 7g Vendors are reminded that the next Dunedin wood sale will be hold on Tuesday, April 13, and all consignments should be sent forward as early as possible. NEW ZEALAND LOAN AND MERCANTILE AGENCY COMPANY. Tire New Zealand Loan and Mercantile Agency Co. report that the following are some of the principal lots sold at yesterday’s sale; —For Mr J. S. Friend, 2 bales crossbred 16Ad; Mr M. Houston, 5 bales crossbred 16d; Mr D. A. Cameron, 4 bales first combing halfbred 151 d, 8 bales fine crossbred wether 14-id, 6 bales crossbred I3i?d, 4 bales halfbred 14d, 4 bales crossbred 143 d, first pieces crossbred wether ISAd, bellies crossbred 10-gd, locks 7gd; Messrs Hunter, Sutherland, and Rice, 7 bales crossbred ewe 15id, 1 bale do 14|d, 1 bale do 14Ad. pieces and bellies 10Ad; Mr A. Cochrane, 2 bales halfbred 15id, 3 bales crossbred 15d, fine crossbred I4|d, bellies 9id, locks 7-id; Messrs Ho re Bros.. 2 bales halfbred and crossbred i4d, 2 bales do 13Ad; Messrs Hornoll Bros., dead wool, 12d, crutchings. 10gd and 10id; Messrs P. Mackenzie and Son, halfbred I3Ad, .'double fleece ll|d, merino 10|d, pieces 10id; Mr H. J. Riddle, 2 bales Jambs 13|d; Mr E. W. Osborne, 4 bales crossbred owe 14d. MESSRS WEIGHT. STEPHENSON v AND CO. Messrs Wright, Stephenson and Co. report as follows: —We offered a catalogue of 659 bales, and cleared the lot at most satisfactory prices. The following are a few of our top prices:—On account of the Otago Co-operative Tallow and ByProducts Co. (Ltd.), 3 bales crossbred lambs slipe 20Ad, 2 bales super halfbred slipe 19d, 8 bales super crossbred slipe 18-|d, 6 bales super threc-quarterbred slipe 173 d, 1 bale three-quarter lambs slipe 18d, 2 bales second pieces shoo 163 d; Chas. Moore (Poolburu). 1 bale halfbred and threc-cmarterbvcd pieces (scoured) 20gd. 1 balo crossbred locks (scoured) 16|d; W. Smith (Matrdnui). 8 bales crossbred 16d; W. Kirk (Kelso). - 5 bales crossbred cwo j.fid. 4 bales crossbred owe 142 d: S. Jones. 6 bales first combing halfbred 16d; A. T. M'Bridq. (Akarito), 9 bates crossbred 153 d; W. Brown. 12 bales Romney 153 d; Thos. Kirton (Waikoikoi), 3 hales CrossBred 153d r 3 bales crossbred hogget 15d; R. Jones, 5 bales crossbred hogget 14|d, ft bales. crossbred owe 143 d; Jno. r>ntilt Idson (Roxburgh), 4 bales halfbred 13|d; •T. C. Pugh (Hampden). 2 halos crossbred ' 14d; R. K. Smith (Malvern Downs), 13 bales fine crossbred ewe 133 d, *25 AA halfbred ewe 13 Ad, 55 bales A halfbred cwo 13Ad, 17 bales necks halfbred ewe 13id, 7 comeback hogget 12Ad, 23 bales B halfbred ewe 12d. 20 bales A pieces halfbred owe 12d; Manson Bros. (Upper Shotovor). 4 bales first halfbred 13d, 6 bales second halfbred 12id; Allen S, Orbell (Waikouaiti). 11 bales bellies 10Ad, 10 bales pieces lOd, 3 bales crutchings IGid. OTAGO FARMERS’ CO-OPERATIYE ASSOCIATION. The Otago Farmers’ Co-operative Association of New Zealand report that they cleared their catalogue of about 70 bales •under excellent competition. The. principal Bales effected were as follow: —For trustees lato P. Law (Weddcrburn), scoured threequarterbred 221 d, gexjured halfbred 22d, tcoUred crossbred 213 d, scoured bellies, 211 d ; Mr _M. Cogan (Patenroa), crossbred 12d, merino 12d; Messrs Gilmore Bros. (Evansdalc), halfbred 133 d ; Mr R. Cowio (Wether-) stone), pieces 12d: Mr J. Kinney (Hyde), halfbred 12gd; Mrs Johnston (Patearca). crossbred 13 Ad.

STATE FIRE INSURANCE

A RECORD YEAR. WELLINGTON, March 9

The State Eire Department reports that 1914 was a record year. The net profits were £18,660, after setting aside £2091 reserve for unearned premiums and "£IOOO for investment fluctuations. The largest previous profit was £15,443 in 1913. The net income was £67,693, an increase of £6413. The net premium income was £64,635, an increase of £5228. Fire losses amounted to £28,109, against £27,975 in 1913. The ratio to income was 63.5, against 45.08 for the previous year. The reserve funds amount to £80,423, an increase of £21.752 j invested capital £68,996, an increase of £24,746.