TIMARU WOOL SALE

Waimate Daily Advertiser, Volume XXIV, 16 December 1926, Page 5

TIMARU WOOL SALE

KEEN COMPETITION. (Per Press Association —Copyright.} TIMARU, Dec. 15. The first Timaru wool sale of the season was held to-day., a bench of about 80 buyers, representing Bradford,. Continental. American, and- local markets operating A catalogue of 10.276 bales was practically all disposed of, the passings being negligible. The wool was well grown,, being bright and attractive, and stronger in quality than that offering at the first sale last year. This was- due toi the. abundance of feed and good winter. Competition was very keen, for all classes of half breds and merinos, which realised good prices Three-quarterbreds were also sought after, but crossbreds were not in demand. The sale was in all respects a sound one, and prices showed an advance of about a penny on the recent Christchurch sale. The following is the range: — Merino pieces-—Good to superior 16d-to 17.|d; low toi medium, 13d

te 15d ; bellies, gpod. to superior, l2Ad to 13|d. Crossbred pieces—Good to l i-uper, Kid to lid.

Crutchings.—Medium to good, to 9d; inferior, 6d to 7d. Docks.,—Half bred. 6d- tjo 8d; crossbred, 6-M to Threequarter breds—Super. to 16|d ; average, 13d to 15d; medium lO'ld to 13d.

Merino.—Super 19d to 20 Jd, average, 17d to 181 d ;• medium. 16d to L6vd. Corriedale.— Super, 17 Id to 18Jd; average 16d to 17d. Fine halfbred—Super,. 19d to 20d pd; average, 171,d to l'Bkl : medium, 16d to 17|d. Medium halfbred—-Super 17d to ISJd, average. 14d to 16 id. Coarse halfbred—Super, 14d to 15|d, average, lid to 13Ad. Fine crossbred—Super, 12|d to 14£d ; average lid to 12dl;. medium 9jd to lOfd. TIMARU IS ELATED. “THE BEST SALE' YET.” TIMARU, Last Night “The best wool sale so far held in New Zealand this season, ' was the verdict concerning to-day’s wool sale in Timaru, which, will bo the means of distributing approximately £200,000 among the farmers iof South Canterbury. The sale went with a swing from start to finish, and competition for many of the lines was exceptionally keen. A genial spring, with plenty of feed, following a fine open winter en sured good conditioned wool. It is many years since the wool for the first sale has come forward looking so well. Fleeces were ten per cent heavier than was the case last year and the wool was well nourished. As the sale progressed competition seemed to strengthen. It does not often happen that such a clearance' is made at a wool sale as was made to-day, when: 98 per cent, of the offering submitted changed hands. One firm passed only one bale. The bulk of finer wools went to colonial mills. Bradford, as usual, was the biggest buyer at the sale. A fair quantity went to the Continent. The top price ob+ tained was 20Jd for ten bales- of super half-bred ewes. It- is considered that the sale was a |d to a Id better than the Christchurch sale, and, in the case of merinos lid better.