Low Prices Rule at Easter Sales

Sun (Auckland), Volume III, Issue 639, 16 April 1929, Page 10

Low Prices Rule at Easter Sales

BLOODSTOCK IN SYDNEY DOMINION PURCHASES A sharp drop in prices at Sydney’s Easter sale of bloodstock resulted in New Zealanders buying freely. A consignment of yearlings has already reached Wellington and Auckland, another is expected shortly, and the Ulimaroa, which arrived in Auckland this morning brought no fewer ; than 14 yearlings. j Travelling on the Ulimaroa were a | number of New Zealand owners who ! had attended the sales and all reported that hard times in Australian racing circles had brought about the slump at the sales. “It, was the poorest sale in the past six years.’’ said Mr. C. E. Robinson, of Wright, Stephenson and Co., Wellington, who, each year, attends the Easter event on behalf of his firm. “The quality was as high as ever, but the highest price paid was 2,700 guineas, whereas, in previous years,

i the top price has been in the neighI bourliood of from £4.000 to £5.000, and even over the latter figure. The top price this year was paid by Mr. 11. Taylor, of Wellington, New South Wales, for a colt by Caravel.” Another colt, a half-brother to Prince Humphrey by Valais, reached 2,600 guineas, the buyer being Mr. John Brown, of Newcastle. He also ! bought an English colt by Hurry On, | the first of this sire’s progeny sold in l Australia. The price was 2,200 : guineas. ! The highest price paid by a New j Zealander was 1.600 guineas, for which j Mr. Charles Elgar, of Featherston, secured Rossendale. Mr. E. Riddiford's Mascot made 850 guineas. Mr. G. D. Greenwood was offered 4,000 guineas at auction for Honour. The reserve price was not disclosed, but he refused an offer of 6,000 guineas made privately after the sale. The best-selling stock was that by j Caravel, the young English sire by Cicero. More of his progeny reached | four figures than any others, per- ! haps because of the fact that five of his first youngsters had won immediately prior to the sale. Among the Ulimaroa’s passengers was Mr. Henry Rotliery, of Te Kuiti, Gleudowie’s owner, who brought with him two yearlings, one by Top Gallant ! out of Conceit, the New Zealand bred j mare, and the other by Nassau out of i Opera. ■ “The low prices tempted New Zealanders, for it is cheaper to buy at that price than to breed here,” said Mr. Rotliery. “Many low-priced imported purchases have done exceptionally well in the Dominion.” . Other prominent racing men who arrived on the Ulimaroa were Mr. G. D. Greenwood, Mr. A. J. Toxward and Mr. H. Rama, the native ownertrainer. CHICAGO WHEAT MARKET I (Australian and N.Z.. Brest Associationj, ! Reed. 0.5 a.m. CHICAGO, Monday. ! Wheat. —May, 1 dollar 23 cents a , bushel; July, 1 dollar 261 cents: September, 1 dollar 201 cents. i