Thank you for correcting the text in this article. Your corrections improve Papers Past searches for everyone. See the latest corrections.

This article contains searchable text which was automatically generated and may contain errors. Join the community and correct any errors you spot to help us improve Papers Past.

Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image

WELLINGTON WOOL SALES.

The New Zealand Loan and Mercantile Agency Co., Ltd., report: —The Associated Wool Brokers, on Friday last, offered catalogues totalling about 0,000 bales, of which our catalogue comprised 1,200. There was a large attendance of buyers, representing Home, Continental, and American manufacturers, also buyers for Colonial woollen mills and scourera. '.? he bidding was fairly active up toJtrange of prices about from halfpenny to one penny lower than our last sale for fleece wools, except in the case of super ha'.fbreds, which showed little variation. Tin bidding for locks, pieces, and oddments was good, and the general decline was very much less noticeable for these sorts. As compared with November rates we estimate the difference is not more than aji average of one farthing. As compared with December of last year the range of prices was as follows: — i9og d. d. d. d. Superior hnlfbred 12 to 14 11 to 11.? Medium halfbred IOJd to 11* 9 to 10J Superior crossbred 11 to Medium crossbred 10 to 10f 8 to 8J Inferior crossbred Did to 9f Gh to 7.? Bellies and pieces 6J to 10J 5 to 7£ Locks 4 to 5 2to 32 Our highest price was obtained for Craigncuk A halfbred. 5 bales at 1.12 d. ii halfbred from the same clip, seven bales, were sold at lljd. The highest price we obtained for crossbred was 9fd for two bales of W.H.S.

Levin and Co. report:—At the second sale of the season C,OOO bales were offered by the various brokers, our catalogue representing 1,200 bales. There was a full muster of buyers who were prepared to operate freely, but at prices which growers seem loth to look upon as current values. There was a fairly representative lot of wool offering, bul. for condition and quality it was not equal to that offering at the saie in November. Complaints were very rife as tOJ.he get up of the clips, many of the lines showing no attempt at skirting or classing. Now that prices are falling, the grower- who classes and skirts will find the advantage of doing so and the matter is worthy of the attention of all growers, even.those who clip only a few bales. American and Continental operators pass by the lines of wool showing bellies and dirty pieces attached, and this important element is lost in the competition for such wool.

Prices, as was expected, were lower than the November sale by hd to £d per lb, the average price ruling for medium crossbred being 8d to Bhii. We sold a good proportion of our wools under the hammer, as it is doubtful if any advantage can be obtained by holding. The following is the range of prices:

d d Halfbreds ■ 9& to 11* Superior fine crossbred? 8i to 9J Medium crossbreds lit to 8A Coarse crossbred 7A to 8J Inferior crossbreds 6k to I\. Pieces and boliles 4 to 5£ Locks 2i to 3 Dalgety and Company-. Ltd., report having held their second wool sale of the season in the Concert Room of the Town Hall, when they submitted a catalogue of l, 1 J35 bales out of a tctal of 6,000 bales. A much larger quantity was anticipated, but the bad weather experienced in the early part of the season had the effect of making growers delay shearing ous.Tations. The scarcity of shearers also seems to have retarded shearing. There was an increase in the attendance of buyers as compared with the November sales. These included representatives from English, foreign, and local firms. A noticeable feature of the sale was the activity on the part of local buyers. Competition was fairly animated and we disposed of about threequartera of our catalogue under the hammer, and expect to quit most of the balance privately. Crossbreds and inferior halfbreds showed a decline of at least |d per lb, and best halfbreds were slightlv easier as compared with prices realised at the November sale. Prices offered were on a par with latest advices from London. The highest price realised for halfbred wool was lljd, for part of E. Coleman's Vernon clip. P. Wood, of Makohau, realised 10$ d for his halfbred wool. The highest price realised by us lfor crossbreds v/as for 15 bales on account of W. L. Lovelock, Palmerston North, 9id. We give below approximate values realised, and, for the sake of comparison, values obtained for November sale:—

Murray Roberts and Co. report on thoir sale:—The second sale of the season was held on Friday, the combined offerings totalling - about 0,000 bales. There was a large attendance of buyers, and competition was fairly animated up to a .certain limit. For crossbreds prices show a decline of *d to ;Jd, as compared with the November sa'e, but the condition of the offerings, for the most part, was slightly heavier. There was good competition for halfbreds from the local woollen companies at prices slightly lower than last sale. The range of prices current was as follows: Per lb cl. d. Merino, medium !)#- to 10 lialbred, super Hi to 11$ Halfbred, medium to good 10J to 10;,! Half bred, inferior 9i to 9 :', Crossbred and Komnoy . Light, bright, conditioned 9 to 9i Y Light, medium 81 to Hit * 'Light, inferior Of to 7J Light, coarse, fair condition 8 to 8; t ' Pieces, good 6 J to 7jf Pieces, medium, wasty Al to 5? Locks 24 to A

Nov. 1907 Dec. 1907 Merino 8* to 10i Suoer half bred 11 to 11 \ 10ft to 11A Medium halfbred 10 to 10* 9J to 10 Inferior halfbred 9§ to 93 8A to 9 Super crossbred 9J to 10 8J to 9£ Medium crossbred 8J to 9:t 7£ to 8i Inferior crossbred 7 to 8i 6 to 7i Bellies and pieces O to Si 53 to 7£ Stained locks and pieces 11 to 4 2J to 4 Dead " 5J to 11 4 A to GJ Crutchings \\ to 6 to 5J

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WAG19071209.2.5

Bibliographic details

Wairarapa Age, Volume XXX, Issue 8999, 9 December 1907, Page 3

Word Count
990

WELLINGTON WOOL SALES. Wairarapa Age, Volume XXX, Issue 8999, 9 December 1907, Page 3

WELLINGTON WOOL SALES. Wairarapa Age, Volume XXX, Issue 8999, 9 December 1907, Page 3

Help

Log in or create a Papers Past website account

Use your Papers Past website account to correct newspaper text.

By creating and using this account you agree to our terms of use.

Log in with RealMe®

If you’ve used a RealMe login somewhere else, you can use it here too. If you don’t already have a username and password, just click Log in and you can choose to create one.


Log in again to continue your work

Your session has expired.

Log in again with RealMe®


Alert