TIMARU WOOL SALE

Timaru Herald, Volume CXXXVIII, Issue 19985, 18 December 1934, Page 10

TIMARU WOOL SALE

PRICES FIRMER THAN CHRISTCHURCH

MORE GENERAL COMPETITION The outstanding feature of the first wool sale of tnc season in South Canterbury, which was held in the Theatre Royal, Timaru, yesterday morning, was the fact that competition was keener and more general than at any previous sale held in the Dominion this season, resulting in prices being firmer than the Christchurch sale. The statement is based on the opinion of an expert who has attended all the sales so far held, and being in close touch with the trade, he is in a position to follow the operations of the representatives of the wool consuming countries very closely. The whole atmosphere of the sale was one of keenness, the activities of the Continental representatives being followed with great interest. The character of the wool offered at this centre has long been regarded as suitable for the purposes of the Continental countries, and it is usually found that the bulk of the catalogue goes to these quarters. Yesterday’s auction proved to be no exception to the rule, Continental buyers coming into the market strongly for all classes of wool that was suitable to their requirements.

Some of the best merino wool that has been seen in South Canterbury for a long time was brought under the hammer, and for these offerings the Dominion mills were keen competitors. They appeared intent to secure every bale possible irrespective of the price, and it is significant that they offered up to 142 d, whereas at Wellington and Christchurch merino did not go beyond 12d. At the two centres named, however, the quantity offering was probably a. good deal greater that at Timaru, where a comparatively small number of super lots came forward. Crossbreds Advance The fact that competition was keener and more general than at any previous sale resulted in prices being distinctly firmer than the auction held in Christchurch a few days ago, halfbreds being quoted at 5d dearer and crossbreds about £d dearer. The total catalogue offered was 8381 bales, of which approximately 85 per cent was disposed of. The result of the sale was generally considered to be satisfactory, in view of the restricted limits under which buyers were working, compared with 12 months ago. A majority of growers who had wool forward appeared content to accept whatever price was offered, being convinced that there was little to* be gained by holding off till the next sale. In one instance the auctioneer, finding that the bids did not reach the grower’s idea of value, which in this case was 7d, passed the lot to be sold by private treaty. . Immediately came a voice from the body of the hall, “sell,” and the lot was sold at sd. Quite a fair percentage of the wool passed at auction changed hands later, so that the actual clearance would be somewhat higher than the 85 per cent, previously mentioned. Although the catalogue was perhaps the smallest so far offered at any centre this season, no time was lost in disposing of it, the main catalogue being sold in 105 minutes. The total number of lots was 820, the average rate of selling being 11 seconds a lot. Wool Opens Up Well Generally speaking the wool opened up in fairly good condition, although in some instances sickness in the flocks and a fair amount of rain during the winter resulted in tenderness being apparent. The ewe wool was well grown, sound and light, and was considered in some quarters to be the best seen in the district for some years in spite of a touch of dry yolk. The great amount of rain which fell during the winter provided an abundance of feed, and in consequence fibres were .slightly broader than was the case last season. It was at first thought that the total offering would come up to that of the first sale last season, but a few farmers were caught by a break in the weather, and were thus unable to get their wool through in time for the sale. This year a much earlier start was made than usual. Activities commenced at 7.30 a.m., and the sale concluded about the time the auction is usually just getting under way. The early start was made to meet the wishes of buyers who desired to proceed to Dunedin by the first express, the arrangement proving satisfactory for all concerned. The first catalogue offered comprised 1867 bales, which were disposed of in 18 minutes. Six bales of halfbred hogget wool went up to 122 d, but even at this figure, the grower was not willing to meet the market. A few minutes later Hid was received for six bales of halfbred offered on behalf of Mr G. E. Bell, Waimate. The same price was also secured for four bales of halfbred offered on account of Mr A. L. Bennett, Ruapuna. A binned lot of 14 bales was sold at 121 d, which remained the top price for halfbred for some time. Seven bales of threequarter-bred hogget wool reached 104 d, also a binned lot, and this figure was equalled, but not exceeded during the remainder of the sale. Another good price for halfbred was 12d, secured on behalf of Mr B. R. O’Hara, Waimate. Efficient Selling. The second catalogue occupied only eight minutes, but in this time cross bred wool advanced to 73 d, this price being secured for a binned lot of 16 bales. The third catalogue of 2253 bales were put through in 24 minutes, indicating efficient selling. The fourth lot offered, which was on account of Mr S. S. Wreford, Fairlie, saw halfbred advance to 113 d, but with the submission of lot 59, five bales on accountof Mr W. G. McKinnon, Otakaiki. the price for halfbred went up to 12-id. This figure was again touched by five bales offered on account of the executors in the estate of the late Mr D. C. Carter, Pleasant Point. There was not a great deal of Corriedale wool forward, but the lines offered met with good competition. Smith Bros.. Hakataramea, secured lid for 15 bales and 9d for another lot comprising five bales. There was animated competition for the Grays Hills (Mr J. W. Grant. Fairlie) merino clip, the Dominion mills securing practically the lot at prices ranging from 103 d to 13d. A binned lot of super halfbred sold at 123 d, which was the top price for this class of wool at the sale. Mr R. Appleby Omarama, secured 113 d for 11 bales of Ist combing merino. The fourth catalogue failed to alter the range of prices, although some good figures were secured. Twenty bales of Waratah (F. H. Smith, Albury) merino ewe wool brought 14d and another lot of 15 bales realised 123 d. The interest displayed in the earlier catalogues was maintained throughout the final catalogue, which occupied 31 minutes. Four bales -if halfbred offered on behalf of Mr J. F. K. Jamieson were sold at 12id, and

two other lots at lHd. Five bales of threequarterbred hogget, offered by the same grower, brought KRd, equalling the top price for this class for the sale. A lot of seven bales of quarterbred hogget wool from Mr C. C. Burden’s station, Mt. Somers, was secured by one of the Dominion mills at 123 d. The Omahau (Mr W. G. Elliott, Lake Pukaki) merino clip brought buyers to their feet, the first lot of 14 bales going at 143 d. The next lot of four bales sold at id cheaper, and two other lots realised 133 d and 12d, all going to Dominion mills. The brokers’ offerings, and the selling order was as follows: — Bales. C.F.C.A., Ltd 1867 N.Z. Loan & Mercantile Agency Co 471 National Mortgage and Agency Company 2253 Pyne, Guold, Guinness, Ltd. .. 1428 Dalgety and Company, Ltd 2373 Total 8392

C.F.C.A. EK conjoined—6 bales E.L. hogget, 51d; 9 E.L. ewe, 43d; SEMI-CIRCLE OVER 1111—5 A.A. halfbred ewe, 10£d; CLARKSFIELD over HF conjoined—--4 Corriedale hogget, lOid; ROCKBURN —4 8.8. threequarterbred hogget, Bid; 66—6 halfbred. llid; 5 threequarterbred, 9d; THORNGREEN—S first halfbred’ ewe, lOd; 5 first threequarterbred ewe, 73d; 7 first crossbred ewe, 6id; 4 second crossbred ewe, sid; 6 first halfbred hogget, 93d; 5 first threequarterbred hogget, Bid; 5 second threequarterbred hogget, 7id; 5 crossbred hogget, 6d; R.I. —3 A. halfbred, lOid; 11 A. threequarterbred, 9id; 7 B. threequarterbred, 8d; 12 A. crossbred, 7id; 8 B.; crossbred, sid; 4 A. halfbred hogget, 93d; 4 A. threequarterbred hogget, 73d; 4 cotted, sid; 4 neck pieces, 7id; 9 first pieces, 6id; 4 bellies, 41d; F.P. —5 halfbred, 93d; RIVERBEND —13 A. crossbred, 6d; W.T. —5 first crossbred ewe. 7d; 1.N.—4 halfbred ewe, 92d; 5 threequarterbred ewe, sd; Y.Y. —6 A. halfbred, 92d; C.W.S.— 5 threequarterbred hogget, Bid; LONDON—23 halfbred ewe, 91d; 11 halfbred hogget, 83d; 16 A. threequarterbred ewe, 7d; 4 threequarterbred hogget, 7id; 4 crossbred ewe, 43d; 4 halfbred necks, 8d; 9 first halfbred pieces, 6id; 7 threequarterbred. sid; PNP on side conjoined—4 halfbred, —id; 5 threequarterbred, lOd; C.F.C.A. A.A.A. halfbred. 12id; 39 A. fine halfbred, 103 d; 23 B. fine halfbred. lOd; 21 A.A. fine halfbred, 10id; 8 second merino combing, lOd; 14 super threequarterbred, 9d; 14 super threequarterbred, lOld; 6 first crossbred hogget, 6id; SHELLROCK—4 super halfbred hogget, 12d; L.S.—4 halfbred lid; 6 threequarterbred, 72d. N.Z. Loan and Mercantile Co. J. HEART—4 bales halfbred hogget, 92d; 14 halfbred hogget, 9id; 4 halfbred, 102 d; N.Z.L.—S A.A.A. halfbred, 113 d; 23 A.A. halfbred, lOid; K over BAR—S halfbred, 102 d; 4 fine halfbred, 112 d; 4 fine threequarterbred, 91d; N.Z.L.—I6 A.A. crossbred, 72d; 4 A.A. merino, 102 d; WAIMARIE —4 halfbred hogget, Bid; HIGHFIELD —5 threequarterbred, 8d; National Mortgage Co. CORRA LYNN—7 bales A. halfbred hogget, lOld; WATTLE PARK—4 halfbred hogget, lOid; 5 threequarterbred, Bid; V.U. —4 A.A. halfbred wether, 112 d; 0.0.—4 first halfbred ewe, lOid; HAZELBURN wether, lOid; 4 halfbred wether, lOd; 4U —4 halfbred wether, lOd; OTAIO FLAT —4 A. halfbred hogget, lOid; 4 A.A. threequarterbred hogget, 7id; STONELEIGH—4 A. crossbred, 5 id; BAR over F.L. —4 A. halfbred ewe, llid; 5 A. threequarterbred ewe, 9d; BAR i over 1.C.—9 halfbred, lOid; HK conjoined—4 halfbred wether. 92d; 5 halfbred hogget, lid; N. in CIRCLE—4 A. A. halfbred, llid; 12 in CIRCLE—--6 halfbred ewe, llid; OTAIO—4 threequarterbred hogget, 9d; W.G.McK. — 5 first super halfbred ewe, 12id; B in D—4 first A.A. halfbred ewe, 113 d; D.T.C. —5 fine halfbred wether, 12id; 4 stg. halfbred wether, lOd; 4 first threequarterbred hogget, 8d; P.J.F.— 6 halfbred ewe, lOid; V.—6 super halfbred ewe, llid; WESTACOMBE—S A.A. halfbred hogget, 9id; 4 A. halfbred hogget, Bid; ROUND HILL—IS first Corriedale hogget, lid; 5 second Corriedale hogget, 9d; 5 first pieces, 83d; TE PIENI—4 A. stg. halfbred hogget, 81 d; BAR over E.G. —4 threequarterbred hogget, 8d; 5 threequarterbred ewe, 72d; 8 crossbred ewe, sid; 4 first pieces, 51d; GRAY'S HILLS--21 super combing merino wether, 13d; 8 first combing merino wether, 12id; 12 A. combing merino wether, 121 d; 4 merino rams, lid; 6 super combing merino wether, 13d; 4 first combing merino hogget, 112 d; 6 A. combing merino hogget, 102 d; 9 super combing merino, 13d; 5 first combing merino ewe. 121 d; 5 A. combing merino ewe, 102 d; 8 merino necks, 112 d; 5 merino ewe pieces, 91d; 6 merino bellies, 8d; 6 merino locks, sid; AORANGI—4 A. halfbred ewe, 9ld; 6 fine threequarterbred hogget, 8!d; 5 fine threequarterbred, 83d; 11 B. threequarterbred ewe, Bid; 4 matted, 61d; A.G. —5 super halfbred hogget, 112 d; 4 A. halfbred hogget, llid; P.X.—7 threequarterbred ewe, 9id; 5 threequarterbred hogget, 72d; 13 threequarterbred ewe, 7id; 8 crossbred ewe, 52d; 6 first pieces, 6id; BREAST HILL—II first combing merino wether, 112 d; 9 combing merino wether, 92d; 8 first fine halfbred wether, 102 d; 4 fine halfbred ewe, lOid; : 5 fine halfbred wether, lOd; 5 first , pieces, 9d; 5 second pieces, 7id; 4 bellies, 7id; 4 locks, sd.

Pyne, Gould Guinness. F. 3.—10 second halfbred hogget, 7id; 7 first threequarterbred hogget, 7id; 7 first threequarterbred hogget, Bid; 4 second threequarterbred hogget, 71d; H.T.—4 first halfbred hogget, 103 d; R. 4 A. halfbred hogget, 103 d; WOODCOTE—4 halfbred hogget, 93d; WARATAH—2O first fine combing merino ewe, 14d; 15 first combing merino ewe, 123 d; 9 first fine combing merino hogget, llid; 4 A. combing merino ewe, liid: 5 merino neck pieces, 12Jd; 5 first merino nieces, lid; 5 merino bellies, 9d; 4 merino locks, 6id; TENGAWAI —4 first halfbred ewe 4 first halfbred hogget, llid; 4 second bred hogget, 9id; D.W. —4 super Corriedale, lOd; 4 first Corriedale, 8d; S. —5 first fine halfbred, lid; 4 A.A. halfbred ewe, lOd; 5 A. threequarterbred ewe, 8d; RAINCLIFF—S first halfbred, lOd; 5 A. threequarterbred ewe, 72d; 5 B. threequarterbred ewe, 5 2d; WAIHUNA —5 threequarterbred ewe, Bid; 7 A. crossbred ewe, 7id; 4 pieces, 5 .Id; VR conjoined—4 Corriedale ewe, 9id; 5 threequarterbred ewe, 7id; L.C. in CIRCLE over CLUNY—--4 first halfbred hogget, lid; 4 second halfbred hogget, 9id; W.K.M.—S first fine halfbred ewe, lOid; 8 first fine threequarterbred ewe, 8d; 7 first fine crossbred ewe, 6Sd; 7 second crossbred ewe, sid; 4 first threequarterbred ewe, 7id; 5 pieces, sd; CRESTLOW—6 first Corriedale hogget—9?,d; 4 first Corriedale pieces, 83d; BEN McLEOD —7 fine halfbred hogget, lid; LEE—4 AA. threequarterbred, 92d; 5 A. fine crossbred, 6id; ALBURY PARK—3 super halfbred hogget, lid; 4 A. halfbred hogget, 92d; 3 super threequarterbred hogget. 72d; CAIRNFORTH—4 halfbred ewe, lOd; PUSY—4 halfbred, 9id. Dalgety and Co. KILLERMONT—4 bales A.A. fine halfbred hogget, llid; RIVERBEND —4 A. threequarterbred hogget, 9d; 4 first pieces. 63d; H.A.—5 A. merino, llid; ELEPHANT HILL—6 first threequarterbred hogget, 9id; WAIKORA A. halfbred ewe, 112 d; 4 halfbred ewe, 83d; 4 A. halfbred hogget, 9id; 4 B. halfbred hogget, 81 d; 4 first halfbred pieces, Bid; FOUR PEAKS—4 A. halfbred ewe, lOd; 4 halfbred ewe 93d; 6 A.A. halfbred hogget, lOd; 4 A. halfbred hogget, 82d; halfbred hogget. lOd; 4 halfbred bellies, 7d; WAIPARI DOWNS —4 A. threequarterbred hogget, 92d; FOREST DOWNS —4 super merino hogget, llid; 7 A. merino hogget, lid; KINNOULL—4 super halfbred ewe t 12id; 12 A.A. halfbred ewe, llid; 10 A. halfbred'ewe, llid; 9 halfbred ewe, 101 d; 4 super halfbred hogget, llid; 7 A. threequarterbred ewe, 92d; 5 A. threequarterbred hogget, 101 d; 8 necks, lOd; 15 first pieces, Bid; 5 bellies, 7id; 5 halfbred crutchings, 51 d; 4 locks, 4d; CAMDEN —4 A. fine halfbred ewe, 12id; 5 A. fine halfbred hogget, llid; D.M.8.—6 A. halfbred hogget, 9id; MT. POTTS —7 A.A.A. quarterbred hogget, 123 d; 4 A.A.A. halfbred hogget, 12!d; RANU —6 A.A. halfbred ewe, 12id; 4 A. halfbred ewe, 8d; 7 halfbred ewe, 91d; 9 A. threequarterbred ewe, 9id; 4 A. threequarterbred hogget, Bid; 5 halfbred pieces, Bid; 5 threequarterbred pieces. 61d; RATHILLET—S A. threequarterbred, 9id; 4 A. threequarterbred hogget, Bid; 4 A.A. crossbred, 7d; 7 A. crossbred, 73d; OMAHAU —14 super merino, 142 d; 4 A.A. merino, Hid; 6 A. merino, 12d; 5 super merino hogget, 133 d; 4 merino necks, llid; 8 first pieces, 9d; 4 first merino bellies, 82d; GLENVIEW—4 fine halfbred, 9d; MT. AITKEN —5 halfbred ewe, 113 d; 4 halfbred ewe, lOd; MANAHUNE —4 merino, llid; J.G. over R. in DIAMOND —9 merino, lid; 9 halfbred, , lOid; 7 threequarterbred ewe, 9id; ANCHOR divided by A in CIRCLE—--8 comeback wether, 12d; 9 halfbred, 12id; 5 comeback necks, 112 d; 7 halfbred necks, lid; 6 halfbred ewe, 123 d; CHETNOLE—4 halfbred wether, 103 d; 13 halfbred, lOd; 6 threequarterbred, Bid; 5 halfbred necks, 92d. Official Report. The South Canterbury Woolbrokers’ Association report states:—“The first wool sale of the season was held before a full bench of buyers. The sale was firm. on previous sales held in New Zealand, coarse wool selling in vendors’ favour. The wool generally was heavy in condition owing to the splendid season experienced. Farmers generally met the market and passings in all catalogues did not exceed 5 per cent.” i The following is the official range of

prices:— Dec., Dec.., 1934. 1933. d. d. d. d. Merino — Extra super 141 to 14» — Super .... 12 to 13 — to 201 Medium . . . 102 to 1U 17 to 20 Inferior . . . 9 to 10 151 to 16i Fine Halfbred, 56/! 58— Super .... — to 122 — to 212 Medium . . . 10 toll 17 to 192 Inferior . . . 82 to 9i 141 to 16?; Medium Halfbred, 50/56— Super .... — to 113 162 to 18 Medium . . . 92 to lOi 14” to 161 Inferior . . . 8ito 9i — Coarse Crossbred, 40/45— Super .... — to 51 — Medium . . . 41 to 51 — Three-quarterbred, 48/50— Super .... 9 to 92 — to 172 Medium . . . 72 to 81 131 to 15 Inferior . . . 6i to 7 102 to 12