WELLINGTON WOOL SALES.

Dominion, Volume 5, Issue 1381, 6 March 1912, Page 8

WELLINGTON WOOL SALES.

Dalgoty and Co. Messrs. Dalgety and Company, Limited, report as follows :-Tha last wool sale of the 1911-12 season was held yesterday in the Town Hall. Ws offered a catalogue of iwO bales out of a total offering of 3748 bales by all brokers. We were Ehowing a good deal of lambs' wool, as is UEual at tins time of the year, the r3mainder of 'bur lots being mostly log-stained, dingy, and seedy crossbred. There was a full attendance of H0r0.3 and Continental buyers, and bidding was exceptionally brisk and competition keen. The market for medium and inferior crossbreds and lambs' wool was oh a.par with February sale rates. There was httlo wool suitablo for America available and tho market, on tho small quantity offered, showed a, drop of about a halfpenny. Tin following comparison of prices ruling, as compared with the March sale of a year ago, and that of last month, will be interesting;— Mar. 3 Feb. 13 Mar. 12 1911. 1912. 1912. „ . d. d. d. d. d. d. Merino ; 83 8 65 — Supir halfbred - - _ Super crossbred 10 10.1 — — Medium halfbred 8i 9i 9J 10J 8J 81 Medium crossbred 71 81 81 91 73 9 Inf. & coarse- crossbred 6j 7j .6j 71 6» 71 First lambs 8J 91 9110 9110 Second lambs 7 8 8" 83 7i 8 Pieces 5 65 6} 73 61 •7J Bellies 5 5J 5 7j 5* 6} Stained, pieces & locks 3* 33 4 5 3* 4 Crutchings 51 6 4} 5J 5 51 Dead - 7 71 6} 71 Some of the highest priced wools in our catalogues were on account of the following clioitts:—Mr. W. Strode Penny, Sandon, lambs lOd., which topped the market in our catalogue, and crossbred 9d. Mr. Stanley Parker, Martinborough, lambs 9Jd. Mr. A. Comyay, Cheltenham, lambs 9Jd. Mr. K. M'Kenzie. Levin, lambs 9&d. Mr. G. A Tattle, Aokautere. lambs 9Jd., and crossbred 8?d. Mr. James Maher, Ohingaiti, lambs 9d. Mr. A. Judd, Tokomaru, lambs 9}d. Mr. A. G. Collins, Awahuri, lambs 9Jd., and crossbred 83d. The fleece portion, of the wool from Messrs. Chapman and Sons, Waiouru Station, realised up to BJd. Tli3 first pieces of this clip brought tho Eplendid price of 7Jd.

Abraham and Wllllamsi Messrs. Abraham and Williams, Ltd., report as follows:—Tlis last sale of the series was held yesterday, and, contrary to expectations, was a really good eale. Bidding was keen, and prices for all medium wools were on a par with last sale's rates, with an advance of a farthing on some lots. Lambs wool met with a good demand, although irregular at times. Bright free lots sold at on advance in sdmc cases. Pieces and bsllies also commanded good competition. Our catalogue comprised 437 bales of mostly medium wools, but we offered a lot of very rough and heavy-condi-tioned lots. Some of our prices wees as follow:—EG, 20 bales coarse crossbred, 7}d.; St. Kilda, 11 bales medium crossbred, Bd.; DD/OT, 13 bales lofr-stained. 7d.; Westwood 110, 6 bales crossbred, 7id., u bales Lincoln 63d., 5 bales lttmbs 7Jd.; Piunnymsde, 4 bales bright lambs 93d., 3 bales Lincoln 7jd.; Triangle over LT, 3 bales lambs 9(d.: 71, 13/ bales crossbred, 73d., 5 bales lambs BJd.; Te Ohu, 6 bales lambs, 63d.

Levin and Co. Mcßsrn. Lovin' and Co., Ltd., report:—Our cataloßuo represßntcd 600 bales. There was a good attendance of buyers for this period of the season, and a satisfactory offering. Notwithstanding the strike in England, competition was very strong, and nearly every lot offsred was takon at prices fully equal to tho February sale, eiccpt the best lines suitable for America, which lacked the competition from that quarter, and consequently declined a halfpenny. Lambs wool remained steady and strong. Yesterday's sale is the last of the prcs2nt season, and closes a very satisfactory series, during which we have offered 8,500 bales and only withdrawn 400 bales. Looking back at the prices realised there is svery reason to bo satisfied with Uie results. The following is tho range of prices:—llalfbreds, 91d. to IOJd.; fine crossbreds, BJd. to 9Jd.; medium crossbreds, 73d. to BJd.; inferior crossbreds, 6ld. to 7£d.; picc?s and bellies, 6d. to 7Jd.; locks, 3Jd. to 41d.; lambs, best, BJd. to 93d.; lambs, medium, 7Jd. to 9d.; lambs, inferior, 6Jd. to

fid. The following are some of the results:— Rangipo half bred, 9id. and 83d.; crossbred, 7Jd.; merino, Sid.; Tiraumea, BJd.; LS over Onaki, 9*d. and Bid.; AK over H. Bd.; JHJ, 10! d (halfbred); T F.'K, B}d.; MBS, B}d.; KR/E, 83d. and Bd. Lambs: GSO, 93d.; JD/B, 73d.; HS over Woodlands, 83d.; To Whiti, 9>d.; Linton. 93d.: Pino Hill. BJd.

Loan and Mercantllei The New Zealand Loan and Mercantile Agency Co. report:—Our catalogue wa3 about 7CO bales. There was a good attendance of buysrs, and excellent competition. In many cases Jd. to id. per lb. advance on February passed-in wools were obtained, but. in some instances, a lower price had to be accepted. Th?re is no doubt that tho big cool striko at Homo had ths effect of lowering buyers' limits. A special feature of the sole was tli3 eager competition for lambs wool, buyers on French account being very active. The offering comprised a fairly large proportion of passedin lots from last sale. As a whole it was of poor quality.but we ar3 pleased to report that a, good elearanco was made at satisfactory prices. Some of our sales were:—On account of Mr. T. H. Windley, Te'Horo. Romney-cross fleoce, 83d., lamb 3 9Jd., bellies and pieces 5Jd-' to 6*d.: Mr. A. Oawood, Apiti, coarse crossbred, 7id.; Mr. A. Honore, Palmerslon North..lambs, 83d.: Mr. J. W. (Jenkins, Feilding, Itomney and crossbred fleece, 73d.; Mr. T. Kilmister, Te Kuiti, crossbred 7id.; Mr. David Kidd, Blackwatqr, crossbred, Bd.; Mr. H. L. Osborne, Apiti, crossbred, 7}d.; Mr. E. li. Wilton, Linton, lambs, 9|d.; Mr. Thomas Fowler, Hiwinui, P.ilmcrston North, medium crossbred, 9d.; Mr. John Willis, Stratford, crossbred, 7Jd.: Mr. G. n. Gillard, Mangatiti. crossbred, 73d.; Mr. A. Stevenson, Kaitawa, 73d.; Waterman Bros., I'iiketoi, crossbred, 7*d.; Gooding Bros., F-athcrston, fine crossbred, 81d.: Mr. J. Sheat, Hawera, crossbred Bd.; Mr. Joseph D'Ath, Otaki. lambs, seconds, 9d.; Mr. Joseph Best, TaranaUi, Romncy lambs, 9d.; Mr. A. S. Aldrich, Takapau, crossbred, BJd.; Mr. A. M'Cpll, Taihapo, crossbred, 7d. As compared with last sale price 3 raivjo about as follow:February March d. d. d. d. Merino none offered 9 Halfbrcd, medium 8} to 9> none o'f'd Romney 8i to 105 8} to 9 Medium crossbred 71 to 85 7| to 8% Coarso and inf. crossbiisd 6J to 73 6j to 73 Lambs, super 9 to 93 9 to 10 Lambs, medium 8 to B\ B to 8* Lambs, seedy and inf. ... 5 to 7j Si to 7J Pieces and bellies 5 to V S to 7J Lociis 31 to 4 31 to !J

Murray, Roberts and Coi Messrs. Murray, Roberts and Co.. Ltd.. re-port-.-We catalogued 650 hales. Tto character o! the woo! offered was mostly inferior, only one or two bright parcels bein"- . catalogued. There was a very good altendancs of buyers, the largo operators all being present. Prices ruled for medium and inferior crossbrods, also lambs and sale being only occasionally ?. farthing casi°r. The better woois, on the other hand, showed n. decline of a halfpenny per lb., but even in these Feed was showing. We cleared the bulk of our catalogro at auction, and quote prices as under:—Merino, medium and inferior, 7}d. to 83d.; halfbred, medium, Bid. to 9Jd.: halfbred. inferior, seedy. He Ed. to 83(1.; crossbred, medium to good, Bd. to 9Jd.; crossbred, in-

ferior, cottv, 6Jd. to 7Jd.: lambs, medium to good, 81d. to 10d.; lambs, seedy, inferior and dull, fid. to 7Jd.; pieces, sjd. to 7d.; bellies, si(i- to'6id.; locks. ih(\. to 4Jd. . WOOL SALE. The United Farmers' Co-op. Association, Ltd., and the Wairarnpa Partners' Co-op. Association, Ltd., report, us follows;-Thc fifth wool sale-of the season was held today in thn Town llnll. There was n largo attendance of buyers, and bidding wns brisk. Compared with the previous sale on February 13, rough and seedy crossbred sold in EOinc cases at a slight advance. Lambs wool sold at same prices as previous «ile, but superior lines of crossbred worn- weaker by Jd. to *d. per lb. Pieces, bellies, and locks sold at. same prices as last sale. We nuote as follows:—Fins crossbred, Bjd. to IOd.: medium crossbred. 7{d. to 9d.;' dingy, inferior' crossbred, 61d. to 7id.; heavy conditioned and Ecedy crossbred, 6{d. to 7}d.; lambs, superior, BJd. to 9jd.; lambs, medium, 7d. to Bid.; bellies, and pteces, sd. to 7d.; locks, 23d. to 3id. MINING NEWS. WELLINGTON SHARE MARKET. Waihis and Waihi Grand Junctions were slightly firmer yesterday. The recent collapse is said to be due to soiling on London account. Talismans were steady. Tho sales recorded yesterday were as under:— Talisman, 51s. (first call); 51s. {second call). Waihi, 595. 5d., 595. 3d. (second call). Waitangi, la. 2d. Is. 2d. (second call). Tho buying; and eellinj; quotations were as under:— Buyers. Boilers. £ s. d. £ s. d. New Big Eivor , 3 18 0 — New Sylvia — 0 13 Talisman. 210 6 111 J Waihi _ 1 18 6 1 19 6 Waihi Grand Junction ... 1 7 9 18 3 Waihi-Paeroa. — 210 0 Waiotahi 0 3 4 0 3 7 Waitaiigi 0 10 0 13 Worksop Dredge 2 12 0 — The Wellington Stock Exchange received the following telegram yesterday from tho New Big River Company:—February return, 650 tons for 581ioi. melted gold; cyanided 77Joz. bullion. Total value, £2520. STOCK EXCHANGE. OBy Tclecrash.—Press Association.! Auckland, March 5. Business done on 'Change this morning; Waiotahi, 3s. sd. Waitangi, Is. 2d. Talisman. £2 11s. Waihi, £1 19s. 6d., £1 19s. 3d. Northern Steam (paid), 14s. 6d. Tho following business was done at the 3.15 p.m. call:— Woiotahi. 3s. 5d., 3s. 6d., 3s. 7d. Waitangl Consolidated, la. 2d. Waihi, £1 19s. 3d. Mountain King, 3d. Duncdln, March 9. Stock Exchange sales:— Walhi, £1 18s. 6d. Talisman Consolidated, £2 10s. 9d. WAIHI G.il. CO. B} TeUfraph-Press Association—Gopyrieht London, March 4. Waihi gold mining shares are quoted at 375. fid. (buyers) and 40s. (sellers).