COMMERCIAL.

Pahiatua Herald, Volume V, Issue 582, 13 December 1897, Page 2

COMMERCIAL.

WELLINGTON WOOL SALES. Messrs Levin and Co., Wellington, report:— At the second sale of the season hold to-day we contributed a catalogue of nearly 900 bales, and it was pleasing to notice that buyers bed mustered in larger force than at the November sale. This in itself counter acts the tendency there was towards another fall in prices and values remaining on a par with the November sale, whilst in the case of a few held-over lots farthing more was obtained. Tbe top price of the day was 7(1 for an exceptional lot of cross-hreds, in condition almost equal to scoured. Sevenpence to 7}d were, however, very full prices, ' and the majority of the woois ranged down between Gd and 6jd. Buyers assert that Wellington wools as a whole are very badly skirted, and that they write down unskilled woois at least a half-penny per pound. It would be well if growers rejognise this, and place reserves on their wool accordingly. The next sale is fixed for 26th January, 1696. We quote—Superior crossbreds, 7d to 7Jd ; medium, Gjd to CM; halfbreds, 6d to 7d; bellies and pieces. Id to 5d ; locks, lsd to 2Jd. Messrs Murray, Roberts and Co., Wellington, report:—Tbe second sale of the season was held in Thomas’ Hall on Thursday last. During the :past fortuigbt a steady stream of wool has been pouring into Wellington, and although it is yet early in the season, over 4,000 hales were catalogued, of which we offer d 1.000. Ad increased attendance of buyers was present, but kidding throughout the sale lacked animation, and the greater portion of the wcol was withdrawn. Prices on the average were a farthing per lb below last sale—l9th November. Good, light-conditioned c.cssbreds ms, itained tbe i values best, and showed little, if any, change. Inferior and 1 dingy wcols were irregular, but tbe general tendeniy was downwards. Good pieces and bellies, which Were so well competed for last sale, were also easier on Thursday. The weaker tone of the market can only he attributed to the unfavourable course of London November-Decemher sal s, ! just closed, when all crossbred wools met with a decline of 5 to 10 per cent; The range of prices eurreul was as follow : - Superior cross-bred and half-bred*. 7d to 7id and up to 7jd for specia. lines ; good medium ' cross-bred? and liaif-hreds, to Ojd; inferior and log-stained halfbreds, ->d to 4jd ; medium merinos, I 4j i to 6d ; good pieces and bellies, j 44 to 4jjd ; locks. lsd to 2jd. Tbe next wool sale, which is generally the larges: of oar series, takes place oc2otu January. Pr.oes will be considerably controlled by the . first of the London tales on the ISth ! of that month, so that we cannot yet < indicate how values are likely to go, ] 46.004 bales having, however, been ' earned forward from the NovemberDecember London senes, and unices 1 there is a revival iu trade during the | interval, we do not anticipate any material change in values. STOCK REFOBT. Messrs J. Mowletn and Co. report : At the sale held tu Pahiatua ou | Friday, 10th inst.. all the sheep came forward, except one line of i forward ewes. The cattle yards were well filled. Bidding under ; the hammer was dull, but we managed to quit the greater number of tbe cattle after the sale.