SECOND WOOL SALES

Dominion, Volume 9, Issue 2641, 11 December 1915, Page 8

SECOND WOOL SALES

NO FANCY PRICES AMERICANS NOT SO BRISK • HEAVY OFFERING \ Fancy prices of 24Jd. per lb. for choice fsouthdowii wool did not reign at the second Wellington, wool .sales, held in the Concert Chamber yesterday. Growers who had held back iroiu private offers in anticipation of such high figures were disappointed, but nevertheless the prices given were good, and much in excess of the ruling rates before' the war. • It was pointed ■ out that the record prices of last month's sales were not indicative of the true condition of the wool market, they having been more in the ray of little flutters" for choice lots. A buyer stated yesterday that the 23d. and 2-kl. sales for wouthtlown lots haiT hud the effcct of making Southdown growers,'who look to get about' 4d. per lb., less than the highest prices for this- wool, refuse private oners made Before yesterday's sale, think ing • that they would get about 2fld. per In. The result was that, in one instonco at _least, where 15d, per. lb; was offered ■privately, it was-refused. The grower sold yesterday at 'the same price which was offered privately. ■ Yeeferday's catalogue consisted of 23,443 bales, and a full bench of buyers, operated "riskly. The ".firms offering vcero as follow:— • ' ' . . Bales. Abraham and Williams 2,058 N.Z. Loan and Mercantile 2,880 •Levin and Co. and F. 11. Jackson . 5,850 U.F. and W.F.C.A. 455 Dalgety and Co. 5,895, T'urnbull and Co. ... 767 N.Z. 'Farmers' Distributing Co. .... 602 Murray, ■ lobcrta and Johnston & Co. 4,900 • '' 23,443 , Prices for halfbred and fine crossbred wools, which were eagerly l sought atter last sale by American buyers, were Id, to ljd. per lb. below last month's figures,' but on the other hand medium and coarse crossbred wools had gained about . Id.- on the November sale. Tho American buyers' were not operating so briskly, but whether they have about, filled .their contracts, oi" were holding back,.' is not known. The coarser .khaki wools were disposed of at higher rates, as stated. Many lots were -passed in, even at the good figures offered, and .no doubt' the effect of tho record salo of -last- month has not yet worn off. Owing to. the heavy offering,' tho sale was long yesterday, and it' was not till fi.so- p.m. that the main catalogues, had ' )e ßn disposed Suyers then adjourned for.dinner, and at B.p.m. resumed, when star or small lots were offered. 'The range of prices fir the. main, catalogues, as- compared wiTh. tho figures, gained at tho JSovember sales, were as follow, and they. clearly show the fluctuations noted above:— ■ ' • Nov., 1915. Dec., 1915. : d. d. d. d. Merino i 3 j J2 to U3 super 17. tolßi 17 to 181 Ha fbred, medium ... 14 to IGJ 14 to 163 Halfbred, inferior ....12 to 13i 12 to 13$ Crossbred, super ........ 17 to 19J 16i- to 181 Crossbred, medium ... 14J to 16| 14$ to 16-1 Crossbred, coarse ...... 134 to-15 loi to 153 Crossbred, inferior ... 9 to 12J- ll'tol3i Crossbred, pieces and bfMes. •■•••;•- 9 io-lSi' 9 to 13.} Halfbred, pieces and bellies 9 to il 10 to 12} Locks GJto'73 6lto .7} Lambs, medium 15~t016i Lambs, inferior — 13 to 143 Southdown 21 to 24J 16 toIBJ Brokers' own reports follow:— . DALGETY AND COMPANY. . Messrs. Dalgoty and C0.,-Ltd., report:— Our second wool 'of tho season was. held yesterday, when, after an interval of only i. month, the aggregate offerings of all brokers amounted to. 23,400 bales. Tho selection of wool was typical of our best sales, embracing as it did a splendid as-' iortment, and especially of Romney and mm crossbreds, drawn, principally from tho vyaiiurapa, Wellington, : and • Eangitikei: iistricts,. while there, was a fair number 3f halfbred. and three-auoirter-bred clips from Marlborough.; We .submitted a catalogue of 5900 bales, > which came as rather' i- when, owing to the weather jonditions in most parts of the country iejaymg. the. shearing, about- half that' juantity was our estimated total Just a W days prior to the closngdate. Har.™rk and. long hours saw tho catalogue imshed on good time, and we feel fortulate in submitting suoh a big Quantity, is tlus will considerably lighten our Januiry offering. Our catalogue opened up rery attractively, certainly heavier in ;rease than last sale, but yet ■ not to» iea,vy, was well grown, and sound in most tasee. .•We ; have never before, seen euoli • Proportion of beautifully-grown,' lght-conditloncd ' Eomney crossbred w< 11 our store for December sale. Lack of Mention was noticeable in the get-up of :omo clips, wliere stained pieces and' daggy inds were left untouched, but probably tho •ush to get through with the sheering, ' rtnle the weather was favourable, arid, .for, this. _ New seed was not prevalent n our selection, but touches of old soed ra.3 sometimes in evidence. On the reumption of 6ales, there was a full;atteii<'ince pf buyers, but' it was . immediately loticed that tho extreme prices paid hero '■ md elsewhere up to date were not boine naratained, in fact the decline in valuo ras. a sharp one, for American sorts of uper crossbreds. ■ r ßetter limits were, in operation from .orkehire.- Some buyers who were silent x our last sale were bidding freely, a-I* ranee was a, keen buyer of all suitable ines. Good, clean, shafty halfbreds were 11 - <le , m " u d, ®hd November sale rates w. xceeded for thiß class of wool. It if nly to be regretted that some of'the f rossbred Eomney clips were not in ur November sale, when keener rates' ivere ruling under American competition. ; .Home of our best realisations were ' as ' follows:—We topped tho.market for Southdown with a line of three bales (W. Chitty, ; Hamilton), which sold at 18id„ whilst an', other line of four bales (O. W. Hodtrson) 1 veahsed 18M.; six bales lambs (E. Hannah! 5 Akautere) made 16Jdj end .five hales of similar wool (V. G. Hammond, Wanganui) alß °. boine top'prices : ! tZt ilfi ■ c fe s3 -n « woo , l ' Halfbred, 183 d. ' u/!j V North, Nelson; hoggets,. 18|d., and owes," 173 d., E. E. - Sparrow and Sons, Nelson; halfbred, ~lßd.', Jas. Moore Havelock Sul}.; halfbred,- 18d„ estate late ili Dft l t,on ' Esq.,. Havelock; halfbred, 18d.; hoggets and ewes, 17Jd., E. F. Hcalv Canvastown. Crossbred, 173 d., J. W.Rixon Levin; hoggets ;i7Jd.< ewes, Boys' Traimng Farm, . Wreroa;" Eomney, 17Jd;, m,l T?°li' w n6: ® ne , c ™ssbrcd, 173 d, and i7s!)' iT' ; ' ' ktemore; . ewes, R^'nil o^ 3 1 ?" °™y Br «B'. MasteHon te hoggets 173 d:, F. end H White, Tone, liomney, l?id„ Mrs. E - Hooper, Paraparaumu; hoggets, 171 d.; Mrs! J. R. Masterton; Bomney. 17Jd Bkettnan and Podevin, Ohau; hoEreets 17AH*' Mrs B. Bray Sandon; p.-Paton. Relson; Boinney 17id ewes 1 ' hoggets 165 d„ W. Brady, khautanT & gets and ewes, 17id., C. K Wildnn Kuiti: Eomney, 171c1.. Eandali Bra jam Eomney, l«d Geo. Eandali, Para" hoS 171 d., ewes 17d.. Th«ma» Mahor hoggets, md., W. G AdkKri^fe ! " ITU' S'3 dd ' ® lcnh €im; hoifbrcd" 173 d., crossbred 17d., Fairhall Bros Bfcm* helm; crossbred, 174., J. G YarreJV P?ifXn" Eomney 17d„ lambs 165 d„ Gordon Ma^on' &nu c r bred - - 175 - n c liEVIN AND OOMPANT.'Messrs. Lerin and Co. report:-We offerprt a catalogue of 5860 bales from all parts New Zealand—Auckland, Taranakif ;Merlorbuyers" 01 Bidder 6 Vry' bn°°k th™%Zr e S Vrices^liSfiSX^b«Z the best wools, and, thesp fall teTo y ™|VtK d mUd^on7the fl £S section. Pieces and bellies were in KDEA, 18d.; DB WAIAWA IR/1 .'mr iv., BUSHGEOVE, 173 d.; JOH/pinAUTPA 17?! '' TTTEANGANUI, 173 d. • LINTOW w a V 173^,: 173 d.; FB/K. 173 d.; OM, 173 d.; MEADOWBANK, 173d'-' BBAMTPHYiv 73d.; DW/U 17id.; RijWANm, 17Si. R ALT J?, square,'- 17Jd.; 0 reversed 0, 17>d ■' p (T)' eSa NEfW ZEALAND JjOAN AND MEBOANTILK AGENOY COMPANY. The New Zealand Loan andi Mercantilo Agenoy 00. report;— Bradford was muoh in evidonoe, and competed most keenly for wnois; suita-ble .for their trade. As a con. sequence medium and coarser crossbreds showed an advance of a halfpenny to ft penny per lb. Pieces and bellies also pwuolpawa in this idvoncti finer wools j&eni diddail? oulst* m jtaia.

surer qt'ossbrods, duo to the competition Irom America being less in evidence. For those wools prices were lower to the extent of a penny per lb. Tlio wools offered by us woro on tlio whole- attractive, and showed an ■ improvement ou offerings of previous years. Somo wools showed a fair amount of condition and seed, but on tlio whole they woro light and well grown. Bbme of the clips wove new to the Wellington market, and being- most attractive and well classed, were keenly competed for. Owim,' to the weather conditions delaying shearing, wools for this Bale were late in coming forward, and a?, a consequence there was a considerable congestion on the railways and Harbour Board sheds, which made tlio work of brokers extremely difficult, and resulted in a number of clips being shut out of the sale. The following are some of tho sales effected by us:—Crossbred: Westoe, 14{d. to 17Jd.;' £ (from Gisborne), 143 to lCJd.;' TJT, 15d. to 151 d.; o,peke, Mid. to 151 d.; FS over- Wainui, I'd. to 16* ; d.; Fit and EM, Mj}d. to 16a.: FE/Apiti, 15} d. to 161 d.; JB/Opaki, 17Jd.; EQJ, 16d.; Tividale, 14Jd. to 17d.; RTB/Moawiango, 17d. to 17Jd.; T Broa/K, I4id. to 165 d.; IJF/Tini, 15Jd. .to 16jd.; Glendower, 14Jd. to 16Jd.

•. Eomncy: DED, 173 d.; Overton over C'JJI, 16Jd.-; -lli/Ngawala, 171 d.; BE Brightlield, 17Sd.; WHE, 173 d.

liiiicolri: JO/R in triangle, ,14id. Southdown: Opokc, 17Jf Half bred: Braeholm, 17Jd.; Springdale, 143 d.; SF/Oddstone, 15id.; Waterfall, 17id.; Tlraara, 16Jd.

• Three-quarter-bred: Braeholm, 15} d. to 153 d.: Springdale, 14Jd.; Waterfall, lid.; Pieces and Bellies: FS over Wa'inui, lid.; FE iuid EM, 113 d.: Braeholm. llid.; Springdale, 113 d.; Tfvidale, 9d. to 12Jd.: BTBI Moawliango, 13d.; T Bros/K, Hid. to UJd.; Glendowcr, 10jd. •

MURRAY, ROBERTS AND CO. Messrs. Murray, Roberts and Co. report:— Our offering totalled 4900 bales... Tho -wool was representative .of various districts, ct-ming from Waikato, l'aranaki, Wairar rapa; Rangitikei,' Manawatu,, and Marlborough. In consequence of the very wet weather' experienced during- tbo .last month many lots were extremely light in grease, but seed was very noticeable, some wools being -vary badly infeoted, and all more or lesa badly skirted. Competition was more general than at our first sale, Bradford representatives taking a fair'sharo of the wool, while Continental buyers oper ated very freely in the fine crossbred and half bred wools. Compared with November, prioes for superior crossbred. wool were lower by about 2d. to id. iper lb., tho extreme rates of last sole not being quite forthcoihing. Good merino crossbreds'sold at a 'par. whale coarse and inferior crossbreds show an advance of- Id. to Id. per lb. - Eartfiy and inferior liajfbreds were on .the whole slightly easiex. Pieces were well competed for at an advance' of id. per lb. ; - Some -of our best sales ALD croEsbred, 15d. to 17id.; pieoes, 12d. to l«d.: WHANGAIMOANA, 163 d.; ETNA, 171 d.; Mo'over TARADALE, 17d.; PH'over K, 17id.; RUANUI, 173 d.: FVB over OHUI, 173 d.: DMK over WOODLANDS,- :17d.; liIGAR, 17id.;' JSK over CROHSHIMjS; 17d.: HIWINUI, 173 d.; RUAWAKA over MR. 37d.; 3A/BEI.I/EVUE, 17d.; EB over KETU, 16Wm «ld.. 163 d,; DWF, 161 d., 17d.; F over NIKAU BAY, 175 d.: P4, 17d.; WW over FP, 16J(1. 16fd. Lambs: JH M'L. over HORAWINUI 16JJ.

ATffIATTAW AND TO/MASS. Messrs. Abraham and Williams, IM.. report, :-BlddlUß was animated, strong competition coming Ironi the Bradford section' of the trade. The extreme prices, which were paid for top wools at last sale, were not In evidence yesterday, and tho market for the fine wools dropped one penny to one penny and a half. On tho other hand, the coarse wools met a keen demand from Bradford, with the result that these wools showed a rise of a penfly per lb. Medium wool 6 showed no change. The domand for pieces and bellies was no particularly strong, but fair prices were paid. Some of our sales were as follows Willow Paris, 3 bales S'outhdiown, 18d., 5 bales crossbred 153 d.; Stanley Downs, 12 balep A halfbrod 18Jd„ 8 bales B halfbred 17d. t 3 bales merino l<d., 3 bales 0 halfbred 15Jd., 4'bales crossbred 153 d., 4 bales bellies and pieces 123 d.; 0.8. over Hillsbrook, 11 hales crossbred, 161 d.; .Wirokino, 10 bales fine crossbred.lsJd., 8 bales crossbred Hid., 8 talcs medium crossbred 155 d„ 15 bales coarse crossbrcd 14d., 5 bales first jpieceß Hid., t bales second pieces BJd., 6 bales bellies 9J d.; AH/CB, 4 tales halfbred 173 d., 17 bales medium crossbred 15Jd., 7 bales crossbred 15d„ 3 bales B crossbred 15d„ B halfbrod 171 d.; SO/Woodlands, 25 bales coarse crossbred 14Jd.; J. E./Bcaumont, 5 bales Southdown, 181 d., 7 bales crossbred, 15} d.;, E.A.Z., 11 bales Eomney hoggets, 16|d., 12 bales Komney ewe-a 17; d.; ARAWA, 17 bales medium crossbred 15Jd„ 14 bales crossbred 151 d.; ABKLOW, 21 bales medium crossbred 14jd.; TETUI, 10 bales crossbred 16d.; B-. McA./Gleuray, 26 bales medium nrossbred, 15Jd.; J.C.K.. 15 bales Uomney 17dl.; ; F.T./Huia, B,bales lambs, 16d.; MAEAJIA, 4 bales Eomnoy hoggets, 171<1.

.. VT. AND G. TURNBULL AND 00. .. W. and G. Turn-bull and Co., Ltd!, report that bidding was exceedingly brisk for all classes of wools, especially for wools suitable for Bradford, -prices for this class showing a rise of a full id. per lb'.. Wools' suitttblo for the American trade, however, depredated in value Id. to lid. per lb., <u comparod with prices ruling at the Kovembor sale. Southdown showed the greatert decline. this brotd selling at • 6d. per lb. lower than prices obtained/ in the last sale, the-offerings, however, of this class be-in t: very small.. Qrower-s whoso wool was Bold yesterday have every reason to congratulate themselves. A few of our iprices aro' given; below :—2/RJD, Rommey, lS?d. - CEB, Rnmnoy, lVld.: WT/PAPANUI. crossbred, 16id.; AB under evebrow. Houthdown, 164(1.: AD/D, crossbred, l«tf.; JM/H, 17d.; WW/SF. crossbred, 161 di: HINANA, crossbrod, up to 17Jd., the. whole clip' averaging 163 d.; f) and W. halfbred, 17d.; WJW, fine crossbred, 17d.' .Another' well-known olip- sold up to 17Jd. for crossbrod, 16Jd. for lambs, 14id. for first pieces.

JVAIRARAPA AND UNITED FARMERS. I- .The Wa.ira.ra.pa Farmers' Co-operative Association, Ltd., and the United. Farmers' Co'operative Association, Ltd., 'report:—Thero was a'large arid enthusiastic attendance of buyers, and quite a patriotic turn was given to the sale. At the beginning of the sale we offered five bales of wool, proceeds to 'he given to the patriotic funds, these realised £{67. Compared with previous sales held in November, prices for best qualities of Romney and line crossbred were lower'by Id. to lid. per lb. Medium and coarse crossbred,'for Bradford requirements, were lip about id. to Id. on! last sale rates. Some of the prices realised aro as follow:—Abbatsford, 20 bales crossbred 17d., 38 bales crossbred 16} d., 10 bales piecc6'l3d.; HB, 13 bales Romney.: 17id.; PCnY" over OTAHUIA, 8 bales crossbred, 153 d.; NGAPOTIKI over JSB.'IO bales three-quarter-bred, 15} d.; WOODLEIGH. 12 hales crossbrod, 16d.; 0 over TERAWA, 10 bales crossbred, 16d.; B over OMATA, 15 bales crossbred, 153 d.; JHC, 6 bales bales crossbred; 151 d,; JOW, 6 baiea crossbred IVJd. ■ . •

■ N.Z. FARMERS' DISTRIBUTING CO. I The New Zealand Farmers' Co-operative Distributing Co., Ltd., report :-our sale, which consisted of 602 bak6, passed off with spirited competition from all branches of the trade. Fine crossbrcds,' of 'which we had an unusually good showing, were generally lower than" at the November sale. ' Coarse crossbrcds and Lincoln'wools, on the other hand, were in better request at advanced prices. Pieces and bellie-s, •when free from, seed, sold remarkably well. A large proportion of the finer wools in our catalogue were purchased on American account. The following are some of tho leading clips sold-by us:—Punga Iwi 15 bales Romney, 17id.; Idol/Nirvanal 9 bales Romney 171 d., 13 bales hoggets 171 d : 40 c crossbred; 17id.; MAHOE over NZ, 5 bales Romney, 17id.; AH over E, 8 balce fine crossbred, Wjd.