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THE WOOL SALES

RECORD PRICES

24|d FOR SOUTHDOWN

KEEN DEMAND

AMERICANS OPERATE FREELY

The first Wellington wool sale for the season was held yesterday, in the Town Hall Concert Chamber, and a record price for the Dominion, was made, Messrs. Levin ana Co., getting 24Jd. for a Southdown clip. was an advance of 4£d. on the highest ngure received at the first Christchurch sale held last week, namely 20d. for a line of halfbred wool. The range of prices yesterday showed a distinct upward tendency on the prices received at the November salo last year. The following table gives a. comparison for the two ealcs :— Nov.. 1914. Nov., 1915. Merino 93d. to 10£ d. 13Jd." Southdown — 21d. to 24* d. Halfbred, super 12d. to 14£ d. 17d. to 18jri. „ medium IOJd. to 12d. I4*d. to ~ inferior — 12d. to 13Jd. Crossbred, tiuper 112 d. to 13J d. 17d. to 19Jd. „ medium IOJd. to I2d. 14* d. to 16*.d. coarse 9i?d. to llid. 13& d. to 15.1, „ inferior BJd. to 10£ d. 9d. to 12id. Crossbred, pieces and bellies ... 7d. to 9id. 9d. to 13Jd. Halfbred, pieces and bellies ... 7d. to 9d. 9d. .to lid. Locks 3*d. to fid. 6.'d. to 7?d. When the sale started there were nearly sixty buyers, including representatives from the United States, France, and Yorkshire, and, a<s was anticipated, the American buyers were very keen purchasers for wools suitable for the States. They paid the high prices, which were due to the special circumstances. Bradford bought sparingly of khaki wools, on account of the cablegram publiehcd a day or two ago, t-o the effect that the wool trade did not expect any fresh orders for military clot-bin? in England for the next six months. Before tho sale begun, Mr. A. Roberts, chairman of the Wellington Woolbrokers' Association, announced that the Minister was prepared to favourably consider applications for pemits for any wool purchased at the Kile. This was taken as an indication that the export to America would not be hampered, and buyers from the States were not- slow in creating high prices for those lots they desired. Eight firms operated, and while the catalogue was about 3CCO bales short of the rale last year, this was on acroumt of the numerous private sales, and the delay in shraring in some districts, owing to the unsettled weather. The complete catalogue was as follows:— Bale«, Murray, Roberts 1999 Abraham and Williams 513 Loan and Mercantile Co 801 Levin and Co 1900 United and Wairarapa Farmers' 346 Dalgety and Co. ... 2260 V>' and 6. Tnrnbnll 216 N.Z. Farmers' Co-op 188 Total 8123 The record price was received by Mr. ]T. lianish, Mortinborongh, while, Mr. F. M'Laren, Maotcrton, and Mr. A. Tockcr, Peath-erston, received 24d. Superior and Ine crossbreds were approximately 6d. per ?ound higher than last year, medium and :earee 4d. to sd„ and inferior 2d. Early >horn lambs' wool brought 14Ad. Tho adranee for the fame sales at Christchurch ,vasas follows:—Super halfbred, 3d. to 3*d,; iuper three-quarter-bred, 2d. to 2id.; crossbred, 2d. to 2£d.; iougwool, 2d.; Corriedale, lid. to 3d. There was a medium amount passed in it yesterday's sale. Brokers' reports follow:— Dalgety and Co., Ltd. Messrs. Dalgety and Co., Ltd., report:— The Jirst wool sale ot' the 1915-16 season >pened in Wellington yesterday, when the otarl offering of ali brokers amounted to IICO bales,. our portion of the catalogue jeiug 2340. bales. At the corresponding ;ale last year 11,412 bales wero offered, and ve think that such a total this year would lave been exceeded if favourable shearing voafcher had been experienced. For a first •ale,' the quality of the wool offered was jood, being well grown and fairly light in iondition. A fair offering of - halfbred )ame forward from the Marlborough district, and in some instances this wool showed signs of last year's drought by jeing earthy and tender. The attendance jf buyers was a full one, a number of new 'aces being on the benches, exceptionally strong competition coming from America :or the fine, light-c<inditioned wools. France iva-s also a itrong buyer. Bradford buy;rs "were hardly alile to compete against American for the finer wools, but for the :oarser grades their competition way valuible. French buyers and local mills wero | seen operators for halfbred wool, especialy so for pieces and bellies. Without loubt, the sale was a remarkable one, and :he unprecedented high values recorded nust be very gratifying to growers.

Seedy parcels were quite neglected, and in a number of cases no bids -were obtained. Only clean, bright crut-chings were saleable, inferior grades not being -wanted. We mado 24id. for <t line of Southdown, which topptd our sale, and 24d. for another, line also SouthdownSome of onr best realisations were as /follow:—24Jd., J. Best, 2 baled Southdown; Geo. Hume, 1 bale Southdown. 24d., Mrs. J. R. Bunny, 6 bales Southdown. 19id„ A. G. and S. R. Sparrow, 7 hales Romney, 19d., 11. V. Hammond. 46 bales fine croesbred, 163 d., H. V. Hammond, 27 bale« fine crossbred; Geo. Randall, 15 bales Romney; Geo. ! Ilume, 7 bales hoggets. 18id., F. and H. White, 3 bales Romney; Randall Bros., 13 bales Romney; A. J. Whyte, 3 bales Rora--1 ney; G. J. and W. Peorce, 18 hales Romney hoggets. 18.\d., £. S. Vcnncll, 6 bales Romney; H. V. Hammond, 3 bales ewee; Geo. Hume, 28 hales ltomncy ewes; Little Bros., 7 bales fine crossbred. 18d., F. and H. White, 2 bales Romney. 173 d., N. Kirkcaldie, 25 hales Romney; J. C. Ryman, 6 bales 'R-omncy; ft. Hannah, 23 bales Romney; A. G. and S. R. Sparrow, 3 bales Romney. 12£ d.. Geo. Hume, 15 hales pieces. 12d„ H. : V. Hammond, 9 bale 3 pieces. Levin and Go. Messrs. Levin and Go. reportWe offered 1960 bales. The eomewhat broken weather of the past few weeks has hindered shearing and reduced the catalogue from 11,412 bales offered in November, 1914. Buyers were present in large numbers, England, America, and the Dominion being well represented. Frauce and Japan were also represented. The wool shown was in good condition, bright, of good (staple, and well grown. It wak carrying a moderate amount of grease. Oar catalogue was an excellent one, and attracted the close attention of buyers.

The removal of the embargo on shipment of crossbred to America had a strong influence on the sale, and the possibility of direct shipment to the States, via Pacific and. Atlantic ports, placed buyers in a. favourable position for working American orders. American buyers accordingly were competing hard for good crossbrcds. and apparently lifted the bulk of the offerings. Bradford was in evidence for topmaking lots. The Dominion Woollen Mills had considerable orders from the Defence Department for khaki goods, and were competitors for their requirements. It was not a day for speculators or fcllmongers. As compared with the sale held in Novembe'r, 1914. prices advanced 4d. to 42d. for lialfbreds, and about 6d. for the befei; crossbred: coarse and medium crosshrods, 4d. to 4Ad.; and inferior 2d. Bellies < and pieces were generally heavy in condition, and did not show so great an advance. Orutchings were neglected.

It io necessary to bear in mind, however, that though prices in November. 1914, were good, yet they were by no means the highest, of the se«ason, for, after the setback in December, prices rose steadily until March showed an advance of 4d. over November. The cost of shipping and selliuk wool in London is now nearly threepence per pound—an advance of about 3d. on laet peason. But, leaving out of consideration this important item, superior crossbreds show an advance of 2d. on March, last, and medium and inferior remain aobut March level.

Our best sales were five bales of Southdown, on account of Mr. H. Ranisß", S*artinborough. at the record price for the Dominion of 24id., and five other bales belonging to various owners, which realised the same figure. The next best price was 19£ d. for twelve bales Itomney, helonging to Mr. E. Crcswell, Masterton, which will probably top the market for crossbreds. Mr. R. Livertoin, Rcwanui clip, reached 191 d.. and Bankview. Ongata, GA/Tipua, Ifinekura, T. 0.8.. Pilvautea. reached 19d. Portions of many clips sold from 18(1. to 182 d.

The following arc eome of the results (where the clip was sold Inst November the prices then realised (riven in parentheses) i—CroFsbrcds: 11.W.8.. Nparunui, 181(1.. 173(1.; W.S.D., 173 d„ iei<l. ; Bush, 17(1.; OA/'i'ipua, 19(1.; Onnkete, 17(1.; Hnia, 181(1., 15W. (lid.. 11>(U; nC/Opaii, 172(1.. 15? d. (11!<1.. IC<U; Tui. 183 d.; Bankview. 19d„ 18d„ 17d. (lUd.); Hudson Crosskeys, 163 d„ 16! d. (lid., IOJd., 10d.); Onffaha. 19(1.. 17! d.; \V. IT. S., l?jd., 163 d., 153 d. (ll.w„ 103 d.. I04d.): C C rev, 19M.. 183 d. (lUd.. lMd.l; Hillend. 173 d., 15M. (lid.); AflP/Snrinifhill, 173 d., 17Jd.. 16id. (113 d., lljd.. lljd.h B dinmnnd B. 18>(1., 17Jd., 163(1.: Jit. Welcome. 183 d. (113 d.); ftewanui, 181 d., 17? d. (P. 12(1., FIT. l?d.l: Linton over W.A., lBJtl.: Hinaki, 183 d., 17d.; Unrniola. 17(1.; UAH, 18>,<1. ; W. Mel,. 172(1.; TIS/Wondlnnds. 17d. (12|d.) ; JOB/Pihoutcn, 19(1. (lMd.l: ilinckurn, 19(1.; W in circle, 173(1.; Te Wliiti, 173 d.: J. V. llomcivood. 17)-d. Sonthdowns: Hinuki. 244(1.; Various over 210. ITnlfbred (lnd throe-quartcr-brcd: AL in diamond, 17£ d., 17id., 153(1.; W B, IM,; Luhvorth, 12Jd„ 13d.; T 11, 143 d„ 12M>

N.Z. Loan and Mcrcantilc. The New Zealand Loan and Mercantile Agency Co. report that wet weather has seriously retarded shearing operations, while <i large Quantity of early shorn wools usually oll'ercU at this sale Uas been ?old jirvately for export. The bulk of the wool ottered was of most attractive appearance, well-grown, and light in grease, bill- a proportion of the locally-grown clips carried a considerable amount of last year's bidi-bidi, whilst, owing to the dry winter ami spring, the Marihorough and Nelson clips were somewhat dusty. Taking it all round, we think a showing hag never been seen in the Wellington sales. There was a very large attendance of buyers, representing Home, American, Japanese, and possibly other friendly countries, as well as of the local mills find shippers. As was anticipated, extreme prices were paid for wools suitable for American requirements and woollen mills; and record ,prices were obtained, as high as 233 d. being paid for Southdown, and 19.} d. for superior Romney. Well-grown erossbreds also were eagerly taken by Homo bujers. Rough, log-stained, and seedy llcecc sold at better than last year's prices, but seedy and inferior crutchings. of which there was a considerable offering. were almost neglected. The best prices obtained by us at to-day's sale are as follow (ia.st year's November figures in parentheses):—llH in triangle, 17} d. (lljd.); Greenbank. 15d. HOjd. to 103 d.); Chancet. 15£ d. to 16id. (lljd. t-o 12id.); A»LK, 15tl. (lljd.); TE over N, 15£ d. to 16d. (103(1. to Md.); PME. 14d. to 142 d. (10id. to 10? d.); JM, 16Jd. to 183 d. (113 d. to 12? d.); IK, 14Jd. (l 1 3d.); PIC Otari, 14d. (lljd.): Tetawa, laid. (103 d.); TW, 18Jd. (lljd.); JO over M, 13£ d. (10>d.); GCA over IN, 14Jd. (fOjjd.); RS, 14d. (10£ d.).

One bale sold on account of Mr. Henry Hume, on beholf of tho Patriotic War Fund, realised £29 lis. Bd. Murray, Roberts, and Co. Messrs. Murray, Roberts, and Co. report cataloguing 1997 bales. The attendance of buyers was good, and comprised representatives from Yorkshire, America, and France. Our catalogue was of a bright and attractive order, including m3.iir.lots from Manawatu, f-angitikei, and V»airarapi o'istriets. Generally speaking, gnod to superior crossbred* predominated, ?ew inferior lots being catalogued, and competition was of the I'eenes 1 /, many good Romney s and crossbred wo'ols making from I7*d. to 19Jd., the latter figure being the top price paid for erossbreds. We secarcd 23Ul for a line of light Down wool from Masterton, grown by air. James M'Gregor, the top price reached in our catalogue. Compared with last year's November fctde, values show an advance of about 4d. per lb. for halfbred wools, ssd. to 6d. for superior erossbreds. 4d. to for medium and coarse erossbreds, and 2d. for inferior crossbred.. Pieces show an advance of 2id. to 3d. Low-grade wools, however, are hardly so high to-day as they wore in March last, at the conclusion of the season. Our best sales were:—Half bred: Waamaru, 18$ d.; BC/W, Ruawaka/ MR, 18Jd. Romnoy and cros.tiwcd: Linlt, 17Jd. to 192 d.; WS/Waihinga, 19J.d. (pieces, 13id.); Ligar, 16Jd. to Ruanui, 18* d.: Glenier. lS^d.; HPC,,I7 to 182 d;. WHB/Neahipi, 18id. to 18Jd.; J in diamond, 14Jd. to 18Jd.; ACM. 18§d.; CD/P, 18-d.; Rewa Rewa, 18d.; JUMc L/Horawinui, 17»ld.; Bushlands, 18* d. and 183 d. Southdown: S.ST. 21id.: QD/'F, 211 d.; J in diamond, 2tjd.j 6/JM, 23W.

Abraham and WllllaiNs, Mpssrs. Abraham and Williams, Ltd., report -as follows:—Owing to the very unsettled state of the weather, shearing in somi' districts has been hampered, with tho result that the offerings at this sale are some 3000 bales short of the number catalogued at the corresponding sale last yoar There were some very attractive parcels of wool submitted for competition, being well grown and in good condition. There was a full bench of buyers, and. as anticipated, competition was v-ry keen for the wools suitable for Americ<\. Log. stained and rough wools also sold well, but of course did not excite the same keen demand as the better class wools. Bellies end pieces 6old at good prices. Our top prices -were 22Jd. for three bales of Southdown and Zlad. for five bales of Shropshire.

By comparison with the November sale of last year, priccs showed an increase of sd. to 6d. per lb. for super wools ajid 2Jd. to 3£d. for coarse wools

Some of our sales were as follow:—P over KD iu triangle. 18 bales three-quarter-bred, 10i!d.; 23 bales three-quarter-bred hoggets, IGd.; 3 bales halfbrcd, 172 d.; 5 bales bellies and pieces, 113 d.; Glendryneoch, 16 balcß first combing, 182 d.; 3 bales second oombiug\ 16Ac1.; 4 bales Lincoln, 15Jd.; 5 bales bellies ajid picccs, llid.; CD. 5 bales crossbred, 17d.; JBG, 3 bales Romney. 17Jd.; AJM, 5 b<iles fine crossbred, 17d.; JCK, 15 bales crossbrcd hoggets, 18Jd.; 9 bales rams, 17d.; 13 bales seedy ewes, 15d.; 4 bales bellies, lid.; ATL, 11 bales Romney hoggets, ISJd.; HDW, 8 bales halfbred, 135 d.; RTD/, 10 bales halfbred hoggets, 17£ d.; 4 bales three-quarter-bred, 17d.; JH/'Bcaumont, 3 bales .Southdown, 223 d.; 5 bales Ilomney hoggets, 16d.; 15 bales Romney ewe?, 185 d.; TIvKA ,5 bales Shropshire, 21Jd.; 11 bales Romney, 17$ d.; AMK/OH, 3 bales hoggets, -18Ad.: 5 bales crossbred, JAE, 11 bales rough crossbred. 14Jd.; Tljri, 4 bales rough log-stained, lid.; JTJ FRYRISH, rough log-stained, 13d. United Farmers. The United Farmers' Co-operative Association, Ltd., and the Wairarapa Farmers' Co-operative Association, Ltd., report:— About BCCO bales were catalogued, and there* w*a.s a good attendance of buyers. Principally owing to American competition prices reached a very high level compared with the sale held in November, 1914. Prices for' superior crossbred were about 6d, per lb, higher, medium and coarse crossbred 4d. to 4£d- higher, and inferior crossbred 2d. higher. The following art) some of tho prices realised:—EE over Y. 32 bales Romney, 18d.; Lindale, J8 bales Komney, 19d.; MM over R, 13 bales Ilomney, 18id.; Burnley over AS, 11 bale? crossbred, 15d.; B over Omata, 25 bales crossbred, 162 d.» M over 3, 32 bales crossbred,. 14gd.; JBJ, 6 bales crossbred, 15^d.

W. and C. Turnbull and Co, Messrs. W. and G. /Turnbull and Co., Ltd., reiicrt:—The lirst sale of the season Mas held yesterday, November 17, when there was a total offering of about 8100 bales, broken weather having-prevented a larger offering. Buyers were in full attendance, representing America, France, and Bradford, besides local buyers. As was anticipated, any wools suitable for America or France realised fancy prices, and in consequence this sale is easily tjic best for this class of wool over held in Wellington; iu fact, in New Zealand. Wools suitable for Bradford also sold well, though at coi siderably lower prices. As compared with the corresponding sale last season prices for super Jialfbred showed a rise of about 4d., super crossbred a rise of 6d., medium and coarse a rise <• 4d. to 4(d.; inferior and pieces a rise oS- 2d. per lb. Home of our best prices were:—AJC, Southdown, 2SJd. J liomni}-, 163 d.; KWAMA--IIANGA, Komney, 17id.; KOKOMIKO, Roraney 17Jd. to 18d.; OH/O, Komney, ■ 163 d.; CWB, Komney, 16? d. N.Z. Farmers' Co-op, Tho New Zealand Farmers' Co-operative Distributing Co., Ltd., report:—At the first sale for the season there was a good attendance of buyers. Competition for all wools in good condition and free from seed was spirited, aiid extreme prices were realised for many iots. Very seedy parcels were at times neglected, but the general results can only bo gratifying to wool-growers. On the whole, tho clips so tar to hand are mostly well grown and bright, but there are indications that biddy-biddy will bo in evidence if shearing is much longer delayed. Our top lines inolnded:—Bomney. on account W. 0. Fry, t'cilding, 18£ d.; J. Taylor, Longbush, 18Sd.; Andrew Buchanan, Palmerston North, 18tl.; A. I. Mackav and Smith Bros., Paekaltariki, 173 a.

Johnston and Co., Ltd. Jlessra. Johnston and Co., Limited, report—The first sale of the season woe held yesterday. There was a large attendance of buyers, and competition was exceedingly keen, especially for wool 6 suitable for America, and France. Compared with the November sales last year, prices showed an advance of 4d. per lb. lor halfbred ■wools. 5Jd. to 6d. for super crossbrcds, 4d. to 4}d. for medium and coarse crossbreds. Bellicfi and pieces did not sell to adrantr age. Crutchings were practically neglected. Some of our best sales were:—A vanmore Jlomney crossbred, 18id.; Munsamohe crossbrod, 17Jd.; G.L. crossbred, 16d.; V H over B halfbred, 173 d.; BBC over f> W W, crossbred, 17Jd.; I) B 0 over ,J B, crossbred, 17Jd.; Hivcrlends, halfbred, 17Jd.; Romney hogßCts, 17id.; Romney ewes, 18Jd.; wether crossbred, 16ld.

SPIRITED DEMAND AND FULL RATES. Bj Telegraph—Press Association-Copyright (Rec. NovemVir 17, 10 p.m.) London, November 16. At the wool Ealos there was a spirited demand for all crossbreds and good merinos. and rather better competition, for l'.iulties. Prices were fully maintained, and dosed firm at full late rates. Shortage of Shoarers. A statement was made bv Mr. If Laracy secretary of the New Zealand Shearers' Association, yesterday on the shortage of shearers. As showing how acute the problem is becoming, he said that through au .agent in Wellington he had been authorised to engage two shearers for Marlborough at 255. iper ICO—ss. above the award rate—but lie had been unable to obtain the men. "In most of the shedi" «aid the informant," from 225. 6d. to 25s is being paid voluntarily by tile employers This 13 owing to the shortage of men. and the high price of wool as proved by t.he wool tales yesterday; also to the fact- that tne shcepov.iners are prepared to pay a higher rate on account of t.he increased c;ost of living and becanse a great major.it.y of the men who work in the shearing sheds are married men and have depeifdonts living 111 thi> towm. Lust vnur tlio men received 225. 6d. in many places."-

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Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 9, Issue 2622, 18 November 1915, Page 8

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3,212

THE WOOL SALES Dominion, Volume 9, Issue 2622, 18 November 1915, Page 8

THE WOOL SALES Dominion, Volume 9, Issue 2622, 18 November 1915, Page 8

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