THE WOOL SALE.

Sun (Christchurch), Volume 1, Issue 7, 13 February 1914, Page 11

THE WOOL SALE.

GOOD WOOL AND SPIRITED coMt'ETrnbN. PRACTICALLY A TOTAL CLEARANCE. Directly the wool sale opened yesterday it was apparent that there was little of the lethargy about the buyers ■which characterised the December sale. , from the time the first lot was offered at 9 a.m. until the close, ..there was a vim about the bidding which betokened a healthy market. There was a large attendance of buyers, and, consequent upon .the advances in . other centres, - at this series it was . expected that prices would rise somewhat; but, if anything, - vendors' expectations were more than realised. The Bradford trade representatives were keen, no doubt on account 6f the. improved conditions, and anything suitable to the Yorkshire trade was not long in finding buyers at v froinld to fd above the prices ruling a month ago. . ' w6re in/rather short supply, ' and th<3 New Zealand mills were very keen, so values advanced somewhat, more particularly for the rank-and-file clips than super qualities. The market - was topped by Mr William Morgan, of Methven (Westward Ho), for three bales of merino whieh .-brought 13£ d, four bales making 13d. A line of super Bcoured was passed when 18|d was reached; Halfbreds showed a tendency to decline, and towards the close a number of lots failed to make vendors' values. Eleven bales of half bred branded LCG over Te Tißii made 13d. The plainer wools in this division did not recede so much as the better qualities proportion- . ately. The halfbred entry was very •/ large. For Waitohi Peaks was paid. Three-quarter-breds were firmer than at last sale, though high-water mark for super quality in January—l2d : —was not reached yesterday. There was at least an advance of -Jd on late.rat.es on the average clips. Crossbreds sold freely, only an odd lot or two being passed. Several clips held over from last sale brought Id a lb. more than was offered then, but prices could be said to have advanced from $d to fd. Corriedales were catalogued in limited quality, and super quality was scarce. The market was firmer, but the top prices, 12|d, did not 1 go within Id of the highest price at last sale. Local wool merchants were k6en buyers after scouring lots, and as many of the back-country clips were'sandy and in many cases very seedy, they secured a big share of the catalogue. Pieces brought excellent values,, a line of first merino going to llfd. Bellies and locks were also strong. ./The American demand was disappointing, a few small lines going to 1 American . The Continent has taken a, of the offerings. . . Amongi ithe-iielipssfio reach the -top in , their were the, following:— " 7'- •" Halfbred —Waitohi Peaks, 13£ d: 02, 13d; LCG over Te Tinii, 13d; «rsta Vale, 12£ d; PA over '—, 12fd; Spoon ever Grange, 12fd; Waiau Downs, l?!fd; ."FX over crest, 12$ d; D in diamond over Montalto, 12 Jd; JC over Whakaka, 12£ d;„ Greenhills; over RL (conjoined), Surrey Hills, 12£ d; 12|d; Flax Hills, 12d; Three Balls (con-

joined), 12d; Homeby over GJ (conjoined), 12d; Swyncombe, 12d; Mount Mason, 12Jd; XX, 12|d; Mount Benger, 12dj Newlarid, 12d; D 8 over maltese cross, 12d; Weka Pass, 12d; Ruapunit, 12<K. . Corriedale—3C, 12fd; Rakahuri, 12d. Merino—Westward Ho, 13§d; COT, 13d; New Zealand over three legs, 13d; Wakare, 12£ d; Tekoa, Max Hills over JJ 1 (conjoined), I2£d; Annandalej d; Grampians, 12d; Mount Grey ovef Whiteroek, 12d; New Park over Hororata 12d. The following table gives the num-

WOOLBBOKERS' EEPOET. The following are the reports of individual woolbrokers: — NEW ZEALAND LOAN AND MERCANTILE ' "AGENCY COMPANY, LTD. We.held our third sale of the season in the Alexandra Hall yesterday, when we submitted a representative catalogue of Canterbury wools to a full bench of Home, Continental, local speculators, and New Zealand woollen mills buyers. Bidding for all descriptions was extremely animated, merinos and cross-' breds being keenly competed for at prices from a halfpenny, to a penny per lb more than last sale. ~We topped the market for merinos, some particularly well-bred wools making up to 13$ d. Super halfbreds were, if anything, a shade easier, and brought from par to a halfpenny per lb less. The wools' shown were in better condition than offered previously this season, but many of the back country clips showed a great deal of seed and sand, Pieces and bellies were about par with last sales' prices. ■Our principal sales were: — WESTWARD ,HO (Wm. Morgan, Methven) —-Merino ewe 13d to 131 d, halfbred lid, three-quarter-bred lfrld crossbred 9id to lOd. CLOUDY RANGE (Le Clerc Latter) —48 "bales halfbred Hid to ll2d. 3C over NEWPARK over HORORATA over N.Z. (H. Cassidy)—Merino llld to 12d, halfbred Hid. 1 '' __ QUAIL DOWNS (H. O. D. Mearcs) —Halfbred ll|d to 'llld, three-quarter-bred lOd to 10 ST. HELENS (St. Helens Station) — Merino lOid to ild, quarter-bred llld to Hid, halfbred IOJd to 103 d pieces lOid.. CHARWELL (F: G. Stanbury)—Merino 103 d, halfbred lOid to ll|d, three-quarter-bred 91d to 10d. , NEWSTEAD (R. Gillanders)—Halfbred "lX (ohn Ingram)—Crossbred Ewe A lljd, crossbred ewe B lOd. , ' . F.C. over ACLANDS (Frank Coop)— Halfbred lOldto 10Id, crossbred u 9d to 9 Id. McC (M'Crory Bros) —Halfbred lid, th llj? U Ywm! >red Dorman ) —Three-quarter-bred 10 O d 'E (E. Odgers)—Halfbred lljd, cross(J. O. Coop)—Halfbred lid, crossbred 83d to 9|d. . .Triangle (Strachan Bros.)- —-Halfbred llid, Cr^E r fn dfamond over SPRINGVALE (J. O. Coop)— Crossbred 9Jd to 9Jd. NGA; WIRO (J. and G. Sanderson) —Half- ' bred to" 113 d. ' N

ber of bales submitted at the corresponding sale during recent years:— Bales. .1905 .. ... .. 3,437 1906 (second sale) 8,252 1907 .. .. .. 3,206 1908 .. .. 7,700 1909 4,697 1910 .. . . 2,327 1911 .. .. .. 4,472 1912 10,579 ■ 1913 . . . . , . 5,490 " 1914 .. .. .'. 16,142 The following table gives the rates ruling yesterday as compared with last sale figures and those of the corresponding sale last year:—

Also numerous other halfbred clips up to lid and crossbred from Bid to 10a. 143 DALGETY AND CO., LTD. Dalgety and Co., Ltd., report:— The third series of local wool sales was held yesterday. The quantity catalogued was ,16,142 bales, as against 5309 bales at the corresponding sale last year The increase was entirely due to late shearing preventing . many clips being marketed in the earlier series. The total quantity dealt with in Christchurch up to date is 52,651 bales, as against 52,774 bales at this period last year. Yesterday's sale was quite the briskest of the season, and competition was particularly keen and animated. The wool opened up in good condition, and the back country clips, of which a number were offering, were cleaner and more attractive than was the case last year. The feature of the sale was the eagerness on the part of Bradford buyers to secure lightconditioned three-quarter-bred and crossbred wools, and prices for these reached the highest point of the season. Continental buyers secured the bulk of the dry medium halfbreds. The local mills, as usual, took the best lines of merinos offering, but were not so keen on . super halfbreds as they were last-sale. Compared with Christchurch January sales* we quote:— Super merinos—Par. r Medium merinos—Par. Heavy-conditioned merinos—|d lower. Super halfbreds —Par to Id lower. Medium halfbreds —Id higher. Super crossbreds—higher. Medium and coarse crossbreds —Id higher. First pieces—Par to Id higher. Second pieces and locks —Par. Yesterday's range of prices was as follows: A- & Super merino _ .. ... 12 to 131 Medium merino .' 10 to il' Heavy and wasty merino ... 8 to 91 Super halfbred and Corriedale.l2 to 13J Medium ditto ,'. v » . .. 101 to 113 Sine crossbrads .. 105 to 111 Medium ditto ..«• t ... . to 10 Coarse ditto .« '* -«• .. 81,10 91 Super pieces «« -•*: .. 101 to 111 First pieces .* .. 8 to 91 Second .pieces .» •# m 7 to 81 Locks .. .. •• .. 4 to 6J We offered 3112 bales and effected a good clearance^ Our sales included:— / WAITOHI PEAKS (Geo. Rutherford)—B bales halfbred 13 id, 28 bales ditto 12dy8 bales pieces llld. f HAYLAND (M'Cracken Bros.)—fl6 bales •< \ ' _j

halfbred 122 d, 32 bales 12(1,. 12 bales pieces Hid. * RAKAHTJRI (H. Ensor) —7 bales Corriedale 121x1, 31 bales Corriedale lljd. A in diamond (F. B. Askin) —4 biiles halfbred 12id. ■: ' Bar over ~DB (J. and A. J. Wilson) —13 bales halfbred 12d, 10 bales ditto 113 d. GRAMPIANS (D. O. Rutherford) —11 bales merino 12d. WEKA PASS (E. Butcher)—l4 bales halfbred 12d. . RUAPUNA (N.. M. Dunlop)—9 bales halfbred 12d. Bar over D 8 (D. Wilson) —10 bales half-, bred 12d. WB (D. J. Hawke) —4 bales njerino 12d. MT. GREY' over WHITEROCK (C. H. Elisor) —;2 bales merino 12d, 3 bales Corriedale pieces llid. MT. ELLEN (W. Little) —6 bales halfbred 113 d. Next Christchurch sale is fixed for March 13 (catalogues closing March 6). Growers who missed yesterday's sale need have no hesitation in forwarding wool for March sale. The market is strong, and thpre will be plenty buying power at next sale. 1 144 N.Z. FARMERS' CO-OPERATIVE ASSOCIATION. [A detailed report on the various clips sold by the New Zealand Farmers' Co-operative Association will appear to-morrow.] PYNE AND CO. Pyne and Co. report as follows: — The third Christchurch wool sale for this season was held yesterday with an aggregate offering of 16,142 .bales. This brings the -total offerings this season to 52,686 bales, as compared with 52,954 for the whole, or last season, and thus with another sale to follow next month, the 191213 period will be exceeded as to quantity. Of the class of wools submitted yesterday a little might be said: — Most of the super halfbred clips (though of course not the whole) wore catalogued in December and January, the greatest part of the plain'B wool in December, and thus (merinos excepted) there was a smaller proportion. of extra super wools in the present sale, and equally so a lessened quantity of low grade crossbreds . than in December and January. Briefly, the wools offered at this sale were . of a more even character than at either of the previous auctions. In merinos there was quite a considerable quantity on offer—mostly of a very good class —and as will be seen in the subjoined list of prices they met with a good reception. Several of the important woollen mills who are large users of' merinos were evidently bare of stocks,, and competed very freely for all wools of this description on offer. Following the trend of business else•where, and the improvement in the Home market, yesterday's sale was remarkably brisk, and all classes, of crossbred and three-quarter-breds , sold at ail advance of from Jd to /§4 per'pound on last month's rates. Medium to good hulfbreds also more tliarf held their own in value, in fact they were from par to id better, but the absence of buyers on behalf of American interests certainly affected the sale adversely in super halfbreds, which could only be placed at a reduction of fully Jd per lb on January quotations. The result was that some of the top lots of _ ''supers" in our catalogue were passed, failing, as they did, to realise expectations or to command prices equal in comparison (quality considered) to values paid for what, may be termed medium to good descriptions. The best pieces again sold at remarkably high prices, but loVer grades were much easier, and some of these were "passed, i On the whole, -We are very pleased with the result of the sale, which, with the exi ceptiona noted,' exceeded our anticipations, various lots held over, from last sale benefiting to the . extent of id to ,3d per lb. The following may be given as the range 'Of prices:— Halfbreds—Super lots 12Jd to 12|d, extra good to 13d, good lljd to 12d; medium (in some instances discoloured) 10j|d to lid: inferior 9|d to lOd. „ Corriedales (very few offering)—lid to 12d. Three-quarter-breds—9d to lid. Crossbreds—Good 9!d to IOJd, inferior to medium Bj|d to 9Jd. . Merinos—Super 12d to 13d, fair to good 10|d to lljdj inferior 9Jd to lOd. Halfbred pieces.—Super lOd to Hid, good 9d to 9Jd, others (including good crossbred pieces) 7jjd to BJd. Merino pieces—8d to 113 d. . The following are our highest-priced lots in the various classes:— Halfbreds—TiTini (L. C. Gardner) 13d Price for the day) : JC over Whakaki, 12|d; Waiau DojvUs (W. A. Banks), 122 d: /w UD Tir.¥ BSOI i ( ?«E urk T e r ) ' 12^d j Mount Hutt (H. M Lean), 'l2jd; Happy valley (L H lfjd Pbell) ' 124 d; ix (T- H; wflkins'on); The following brands brought I2d :• New

lands (F. Busch), Mt. Benger (J. T. Smellie), Merinos.—COT (E. B. Millton), 13d; New • Zealand over 3 legs (Glenmark Estate), 13d; Glens x>S Tekoa .<W. W. M'Rae), 123 d; T. G. (Geo. Bros.), 12Jd; Z6 (W. Morrow), l2d. Three-quarter-breds.—Tilt. Hutt, 103 d; L C G Ti Tini, IOJd X X, 101 d, Whakaki, 101 d. Crossbreds.' —Buckland (P. Fitzsimmons), 10id; H E (15. Harper), lOd; W S S (W. S. Strange), lOd; N F (A. Narbey), lOd; A O (A. Orr), 10. Corriedales. —7 G over Whiterock (C. Gu- , dex), llid. Southdown.- —R C H (H. A. Knight), llld. Scoured Wools.—F H, halfbred 17<f, three-quarter-bred pieces 13Jd. Halfbred ' pieces, eto. —Mt. Mkson, lljd; New Zealand over three legs, 11 id; L/C G Ti Tini,( llld; Happy Valley, lid; IslanSd Hills, lOJd; Lynton Downs, 103 d; Glendhu/ (N. D. Campbell), 103 d; Sherwood (E. P. Burbury), 10id; Mt. Hutt, lOd; Hawkswood, lOd. Merino pieces—Te Koa, ll'3d; COT, lOid; Mt. Mason and Annavale, 9fid. Our catalogue comprised 4448 bales of which we have sold rather over 4000 bales. Our next sale takes places on March 12. 156 NATIONAL MORTGAGE AND AGENCY COMPANY. SERIES 1913-1914. The National Mortgage and Agency Company of New Zealand, Ltd., report:— The February sale was held yesterday at th 6 Alexandra Hall, commencing at 9 a.m., when 16,142 bales were offered by the various brokers, as compared with 5309 bales at the February sale last year. The excess in quantity was owing to the lateness of the_ season. Buyers were well represented and included Bradford, Continental, and American representatives also those from the Dominion mills-; and local fellmongers. ' < : v >■ Competition was particularly keen throughout the sale, and very few lots were passed m. Merinos advanced in price, competition'-be-ing particularly keen from the local mills. Best halfbreds were not any better in price, but halfbreds generally advanced about id per lb, and three-quarter-breds and crossbreds from Jd to 2d per lb. Competition for pieces throughout the sale was particularly keen, with a distinct rise in values. The following is a range of prices as compared with January sales: — Jan., 1914. Feb., 1914. d. d. d. d. Super merino .. lli to 13 115 to 13i Medium merino . . 101 to 111 10i to 113 Super halfbred . . 12 to 14 12 to 131 Medium halfbred. . 103 t-o 112 11J to 12 Fine crossbred . . 101 to 11 10J to 111 Strong crossbred . . 73 to 8 J 8 i to 91 Best halfbred pieces 93 to 11$ 10 to 113 2nd halfbred pieces 81 to 9 J 8i to 93 Inferior pieces .. 5} to 73, r6 : ; 'to hSI Locks . . . . / 4J to 6 4J to,. 63 ; Our! catalogue comprised 1486 bales, and the following is a list of some of f our sales: — 02—19 ibd 13d, 4 at 10 I'd, 6 3bd 95d", 7 xbd 91d, 5 pes 93d; X over Point—l 6 ibd 113 d, 3 at llid, 14 at 103 d, 14 3bd 93d, 5 at 9d, 9 pes Bid, 4 bels 7d; Titilrangi—3 ibd lid, 7 at 103, 6 xbd 9id, 70. at 91d, 55 at 9d, 19 at 83d, 11 at 81d, 17 pes 63d, 3 at sd, 13 bels 6d, 10 Iks 4d, 8 crut 7d; three balls conjd.—lß ibd 121 d, 36 at 113 d, 7 at Hid, 3 at .lOi, 4 at lOd, 11 i and 3bd llid, 35 3bd lOd, 3 xbd 9d, 12 pes 101 d, 6 at lOd, 9 bels Bd, 5 stud pes 6Jd, 4 Iks 4id; Elms over B in heart-^lO ibd 113 d, 3 at lOid, 12 3bd 9id; P over HG—ll ibd 113 d, 7 at 10|d, 11 3bd lOd, 7 at 93d, 9 at 91d; Titirangi—s xbd 9d, 18 at Bd, 8 at 73d, 4 at 7Jd, 4 bels 75d; Mt. Oakden —10 Ibd 83d, 19 at Bid, 4 pes 61d; Flax Hills over JF conjd—--5 mer 12id, 9 Ibd llid, 4 3bd 101, 4 xbd 95d; Lucycombe—9 ibd 12d, 10 |bd lid, 4 at 10d, 9 at 9d, 3 xbd 91d, 3 pes lOd, 9 at 81d, 5 bels 7ld, 3 Iks 4|d; MA conjd—6 lid, 3 at lOfd, 8 xbd Old, {j at H)d, 3 pea Bid, Cheddar Valley—4 coSted Ibd 101, 3 dingy IOJd, 7 pes 10id,-.7 at 93d, 4 bels 8d 1/ 14 ibd llid, 9at 9id; Hawk Hills—l 3 ibd llid, 13 at lid;, triangle over £—3 ibd 10id, 12 xbd 91d; LY—3 mer llld, 4 ibd 10Id, 6 3bd 91d, 5 xbd 9d ; P over HG—7 ibd pes 9d, 4 at Bd, 4 3bd pes 7id, 8 at 6d; AB —5 ibd 103 d, 4 at 9id, 6 xbd 9d, 5 at 83d, 3 at BJd; 5 pes 73d, 4 bels Cid, 5 pes Bid, 6 Iks 4d, 3 black 9d. The next Christchurcji wool sale will be held on Friday, the 13th March, catalogues closing on Friday, the 6th March. 149 The question of home work in primary schools was discussed by the Auckland Education/ Board'on "Wednesday, when the following resolution was adopted: —"That the Board of Inspectors be asked to enquire into anvi report on the whole question of what known as home work in primary schools."/ ' It was also decided to ask the Teachers' Institute for a report on the subject. , •

. Feb., 1913. Jan., 1914. Feb., 1914. d. d. d. d. d. d. , MERINO— Super .. , W \* • 115 to 12 12 to 13 125 to 135 : Medium to good > • 10 to 11 104 to 111 104 8f to 12 Inferior , .1 »v 8| to 91 9 to 10 to 10 HALFBRED— > •• Super . • v 124 to 134 11J to 14 11 to 134 Medium to good 103 to 12 10 to Hi 10 to 103 Inferior v • # \ 71 to 10} 72. to 92 8 to 93 THREE-QUARTER-BRED— Super ' s , 114 to 113 102 to 12 11 to 115 Medium to 'good 104 to 11 9 to 105 95 to 103 Inferior . .. • • ' 7 to 10 11 to 83 84 to 95 CROSSBRED— ' Super ... w 105 to 102 93 to 113 10 to 111 Medium to good . .• • 4 # 93 to 10 8 to 9i 85 to 93 Inferior . . > > • 94. to n 62 to 73 7 to 84 Longwool .. •„ »• ;• ** {• •! 8 to 115 7 to 10? 83 to 9J • GORRIBDALE—t? ,"v-' Super • C r* * 11 to 135 12| to 131 125 to 12$ Medium to good jr»:rfv T* •' 8 to 95 101 to 12 . 10 to 113 . Inferior .. . , n to 9 95 to 105 9 to 93 DOWN— Super .. -?s. w li j to 123 None off. 1 None off. Medium to good •• •* '• • 93 to US 8J to 111 95 to 111 Inferior .. . , ;• • ' None off. None off. None off. PIECES— Merino . . . .• w , 12 to 125 55 to 10 7 to 113 Crossbred , ,• , , 105 to 113 . 41 to 84 5 to 83 Three-quarterbred , , ' 7 to 9 65 to 8 55 to 9 Half bred .. 7 to 83 64 to 115 6 to 115 Locks .. ». • # ,• 75 to 105 45 to 6 4 to 62 55 to 10 65 to 9 45 to 9 Crutchings (. . 55 to 11 6 to 75 63 to 85