CHRISTCHURCH WOOL SALES

Dominion, Volume 8, Issue 2306, 13 November 1914, Page 8

CHRISTCHURCH WOOL SALES

GOOD PRICES REALISED. . (By Telegraph—Pr«isA/Booin.tlon.) ■ Chrlstchurch, November 12. The first of this season's wool sales to be held in the Dominion took place to-day, when there irero 7574 bales catalogued. There was a largo attendance of buyers. Prior to the commencement of tho sale Mr. 1 , .' IT.' Pyne, chairman of tho Christchurch Wool Brokere' Association, read tho following notification, which is the samo as that adopted by tlio Australian Wool Brokers':—Auctioneers will only accept the bids of a buyer on tho express condition that such a, buyer is not acting on behalf of a principal in Germany or Austria, and tho auctioneers reserve to themselves the right of cancelling , any.pnrchaeo niado in violation: of tlils condition.. Jlr. sold he was quite sure that they would recognise that-.no, one , ; was. anxious to stoj? competition, but.growers and buyers,'as weH as'al] concerned in'the-enccesa of the. Ailed, Forces, would-see the neces-, sity of'preventing, α-sihglo .bale of wool going to ■Germany or Austria. '. (Applause.) He was absolutely, certain, that every ■buyer -would act up to the rule .he ■ had road. Ho was sorry-that American' buyers would. not bo able to operate at this, sale owing to' the restrictions .regarding the export of wool, but he hoped, that at next 6ale they would be able to make purchases, and ho believed that they too would bo desirous of putting a stop.to wool going to Germany or Austria. Tho 'catalogues contained a number of largo clips that arc not uoually seen at a first sale, but the weather ha-ving been favourable for shearing and the prospects of an early sale resulting in good prices moro' growers took tho opportunity of disposing of their olios. . Those from tho North. Canterbury district were generally in excellent condition, the bulk of tho wool from tho Plains was, however, not in the .condition that buyers like to. eee it. it was'heavy in-grease, as woe to bo expected, though the long'spell'of hot weather and contained more dust than usual on account of the dryness and barrenness of the paddocks and the prevalence of wind. feature of the eolo wae the offering.of a number of lota of Aust-ralir.n morino: wool, but they did not meet; with favour .among buyers, and only three lots were eold at Bd. and SJd. Although, the sale could not bo said to be a brisk one, there' was no question as to the keen demand for wool, as was evidenced by tho high- prices that' were realised for all classes but merino wool. There was very solid bidding by eoveral Bradford buyers, who took the bulk of, tho w>6.l, and besides these. and : two local buyers it was seldom-that other .names wore celled. Only &' small' amount'- of wool, was' secured by .the. local, woollen .milla, .although both 'Dunedin.atid Wellington mi]ls were reprefcnted. All claeses of crossbred wool from fine to coarse came in for a share of the demand, half bred and tha'ce-quartcrbrefl 'selling particularly well, and oven scouring wools, such as locks and crutchinga, were not neglected.. The ; range of values was higher than at'the. best sales of, last sea-, eon.. . • - ■ : / ..- The following is tho range of prices, compared with the best sales during the 1913-14 season,:— .■ - -. .'.■-. . , ' . •

r : ■'■<■' ..- Laet , " ■ . ■■'; ■ Nov. 12. ' season. ■'■: . d. d. d. d. htuoer • merino : — 12 to 13* Medium α-nd inferior do. 8 toll 9to 113 Super halfbred 12J to 141 12 to 14) Stediunv hfllflxrod ......... 11 to 12J 11 toll? Inferior haUbred 9 to 103 81 tolOi Super Corriodalo- IZStoHI 12 to 133 Medium and inferior do. 10Jtol2l 9Jt0113 Super thrce-quarterbred 12 to 131 U"tol2 Med. three-quarterbred :10J to 113 9>tolC2 Inf. tb.ree-qua,rterbred .. 8i to 10} Bjto 9J Super crossbred -.:........;.. lljtoU lOjtolU Medium crossbred ......... 10 to 113 9 to 10 Inferior crossbred ........ 83 to 93 7} to 85 U>ngwobl '.-.'..............,..;.. 93t012J 9 toiOJ Don-n wool ..................... 10Jiol3 9>t0113 lfen.no pieces :...... , _ 8} to 113 First -halfbred pieces,. ..'.lOl to'llj 10 to 113 Second halfbred piecea -.. B}tt>lo. ■ 6 to 94 Crossbred pieces ...; 51 to 10 53 to % Locks and c-rutchings ... . 4jto 9 41 to 8j