CHRISTCHURCH WOOL SALE.

Timaru Herald, Volume XCIII, Issue 14352, 18 November 1910, Page 3

CHRISTCHURCH WOOL SALE.

KD.IsT OF THE SEASON. BEST WOOLS LOWES. Per Press Association. CHRTSTCHURCH, Nov. 17. TJio first wool salo of the season opened to-day, when Ss'2o bales were offered. There was a very large Lathering of buyers, representing tha Home. Continental. American and local sections of the trade. The wool was heavier in grease this year than List year, on account of the long spell of warm weacher. Inn a large portion o!' it was very earthy. This applied particularly to won! from the plains, where the nni-'iv.-si winds which have been so prevalent this soring continually raided cinsi from tile drv pad-d..,'-l;s. 'lhe sa'ie war. delayed for full' horns through tin- difiieiiliy that had. ariscti between wooi-iiroie-rs ami wool-huvers. and uas not .-.mil i.-.-.l till -J p.nn Th.- Wool-brok-rs' Association issued a circular to buyers hist night that all woi.i would Have to be paid for before it Iv.tt the store in Christyliiirch. The buyers ohiecied to havinji this change sprung mi them at j short notice. At II a.m. the hovers announced that il the sale proceeded on the old conditions thev would endeavour to me-i (he brokers' views bcfoi,. next sale. About 1 o'clock the panics apparent!/ t ' to terms, hut n.i ofticial statement v. as made. I In tlie first tv.o catalogues most of from the plaias ami snii'm-ed ennsiderI ably in condition. When a better I selection of v,.,0l was oilYavd the competition became spirited, and this continued till tie. end of the saie. Though the piicc-; v.erc irregular, it was cnii.-hioivd that on the whole thev were way satisfactory. The wool tiait (lecimed mast j,; value was choice mill-bred ami fine cru.-shivd. which under the competition of American ouycrs m.st season commanded exceptionally high rates. The fact that tt:e wool is m.t in sue], good condition as last year. ;i„i! that the Americans an- operating- more cautiously, resuired in urices lor ih.se t,,',, 1,.i.

I ;; ;i!i- lower by :.!,.-,„, I\,*i to LM per 11,. 11-- was a iiant.-i! ouantity purchased, Imwvw. lor the United Mate-;. A small i,:iaiuitv of merino wool oaered s ..!d we!!, 'tlio woollen Jin Is as usual hci-or buyers. Medina, and crossbred wools were lower by about Ui per lb. as compared wu a tne opening rates !„st vrar. but iinorior \v.,o!s and scored lots sold i«il.v up to last year's values when The comouon of tin- wool is ,-onsidr"c-<] l.ao C-.i-.tmoiital b-avors one-.-, ated pniii-ip-.dlv in hali-bicds ami pieces, and the Bradford representatives purchased most of the crossbred*. There was a jio.nl | (Jl . ;l | c ],,_ maud for scourine; lots, of which there was a considerable proportion in thiol! crine;s.

I he io,iowui£ is the range of prices, with -those of tiie correspoiulino- sale last year m parentheses :—-Merino. 9d to 12; d (lll'd to 12; d). snper halfbred lljd to 13.; d Cl3cl to lo'.rl) .„n. •Iniin lialf-bred i',l to lid (il'.d to l---!H. inlenor half-bred 7;d to ,-s-'| (S : . : (l tO IM\ su;,ei- -h-ee...;,.-,..,... 1-1 j Hd to U\d (Vjd u> 14 j,i , ',e tf; i; n ' ll ,'"s, l | to Kl-d (0., i til •,;,.„_ i.,,-,,,.;,,,. (i , d ~, Sj ~,','J'' , 1 ?- '' d) ' yli; '-' r f '"-<^ l >red 1(1.1 to Kl'd il:Ui to i.-Vdi. nu-.lii-.ii, s;,l to !»,-d < i'Aci to in.n. iaiVvio.- ii,l to Sd Hid to Ml !o«- ~.,w \ G-.l to !()>,] (SW 'I--! li } h '?- J-< ] -- h !>i\.-es*Slcr t.i Hild io'fuli '" rrossbrlvi 'pir-ces.%' £ r? d S:J , , neksajl , to .-.I ,

«nd wool-havers, but Zi^'H ° ,' £ "as done m ivuai-d ;„ ,!,. S mii-->, r<is stui ii„,, ; .<i ,i, :! t , : , :i ..;:, ( . t1 ::;.. .'."■ ranaomems will l„. „,,„, t „"| lv ' •:,.,,;•.,: each party s responsibilities will' l r V lairly recognised.