WOOL TRADE.

Star (Christchurch), Issue 17014, 12 April 1923, Page 8

WOOL TRADE.

FIFTH CHRISTCHURCH SALE. MERINO EASIER, OTHER WOOLS BETTER. The fifth Christchurch wool sale of th* 1922-23 season was held at the Y.M.C'.A. concert hail to-day, when a small catalogue of 3560 bales was offered. The catalogue and order of sale was as follows : Bales N.Z. Farmers’ Co-op . . - 1272 Dalgety and Co . - 666 Pyne. Gould, Guiness . . . 820 National Mortgage . . . 358 Matson and Co .... 340 N.Z. Loan Company ... 36 Total . . . ‘ . - 3560 There was a good attendance of buyers,. English, American, Continental and local houses being represented. A tew lines of back station merino were offered but generally the catalogue was comprised of odd lots, and. being an end of the season sale, the wool was not in such good condition as that offered at the earlier sales. There was little competition from local mills, the bidding being confined mostly to Bradford and Continental buyers. As a result of the lack of competition from local mills merino wool showed a decline of about Id a lb on the prices ruling at the last Christchurch sale on March 1. For other classes, however, there was good competition in the first half of the sale and prices improved, half-bred being from Id to lid a lb better while other sorts of wool were a full Id better. Over the first portion of the sale not many passings were made. The following were top prices for fleece wools:—24d for thirty-three bales of Tamdale Merino, 23d for seven bales of Double Hill Oorriedale, 23d for three bales of Grasmere halfbred. and 174 d for three bales of Grasmere three-quarter-bred. RANGE OF VALUES. Following is a rang© of values, a i comparison being given with those ruling at last sale on March 1 :

NOTES ON THE SALfc. Eight bales of first half-bred ewe brand D in diamond and NBM over Montalto made 21£d. For seven bales of three-quarter-bred brand D in diamond over Montalto 14£d was paid. Three bales of High view over EO J half-bred ewe A made 21jld, and five j of Woodburn first cross-bred 12£d. All the Ben Crauchan half-bred wool ] was passed, as was also the bulk of | the Upcot merino. The following were some of the prices secured for Tarndale merino :—Thirtythree bales of first comb wether 24d, lour teen bales of first comb hogget 23d, forty bales of second comb 21 id and twenty-nine bales of second comb wether 21£d. Forty-two bales of first comb ewe of this clip were passed at 22d. A fair proportion of the Glenfalloch merino was passed. Three bales of three-quarter-bred brand EN made 15}d and three of first three-quarter-bred brand RJP lod. j Four bales of first half-bred of the latter clip sold at 21id. Half bred wool brand JK over Lees \ alley sold well. Three of first made 222 d, twelve of ewe 22jd and three of hogget 21d. Seven bales of Double Hill Corriedale ewe AAA made 23d and fifteen of Corriedale ewe AA 21 id. Three bales of fii st three-quarter-bred of the same clip sold at lod. 'The good price of 23d was secured fo three bales of Grasmere first halfi bied and three of three-quarter bred of this clip sold at 17jd. For fifteen bales of Glenariffe Corriedale ewe A A 21 was obtained. For four bales of Glen Wye combing merino scoured was paid and two bales of combing half-bred scoured of this clip made 34d. For nine bales of comb merino A A i brand Skiddaw 23|d was paid. Three bales of Waiautoa first Merino made 21d. Of the Upper Waiau clip six bales of first combing Merino wether made 20d, and the same price was paid for five bales of Merino ewe. Three bales of three-quarter-bred brand TT> made 13d. Four bales of ■ Merino brand Clarence over PAA, k made 20d, but the bulk of this clip failed to change hands. For seven bales of Castle Hill super half-bred ewe. 21 id was paid. Of the Ro* clip seven bales of super half-bred pieces made the irood price of 17d. Four bales of cross-bred ewe brand TP- conjoined made 15 id. the best price of the sale.

March 1. April 12. Merino— d. d. d. d. j Super . . . 244 to 274 24 — Medium . . 20 to 224 19 to 22 | Inferior . 17 to 194 164 to 184 j Oorriedale— Super . . . 21* to 234 214 to 23 Medium . . 17i to 204 184 to 21 Inferior . . 14 to 17 — — Half-bred— Super . . 22 to 26 — to 23. j Medium . . 18 to 214 19 to 21* j Inferior . 13 to 17 14 to 171 Three-quarter-bred— Super . . 15i to 21 h — to 172 j Medium . . 12 to 144 124 to 14-J j Inferior 8sjto 114 9 to 12 1 Medium cross-bred— Super . . 12 to 164 13 to Medium . . 9J to 111 104 to 124 j Inferior . 74 to 9 S3 to 10 Coarse Cross-bred— Medium . . 8 to 94 9 to 10 Super . . 94 to 11 10J to 112 Inferior . . 7 to 72 8 to 82 Merino pieces— Firsts . . 17 to 204 17 to 19 Seconds . . 13 to 16£ 134 to 164 Half-bred pieces— Firsts . . 14 to 19J 14£ to 17 Seconds 9 to 134 10 to 14 Cross-bred pieces 5 to 73 5 to 8 Merino . . 7 to 11 7 to 114 Half-bred . 5 to 72 5 to 74 Cross-bred . 34 to 6 43 to Gi Bellies— Merino . . 10 to 15J 10 to 17 Half-bred . 94 to 15* 94 to 134 Cross-bred 6 to 9 74 to 12*