LOCAL WOOL SALE

Dominion, Volume 9, Issue 2787, 3 June 1916, Page 8

LOCAL WOOL SALE

DEMAND FOR GOOD WOOLS DECLINE IN INFERIOR SORTS The Inst main wool sale of this season was lield in tlie Tov.ni Hall yesterday. The order of sale and the catalogues submitted were as under:— Bales. Levin and Co 4,130 United. Farmers 4CO Dalgety and Co 5,750 W. and G. Turnbull 180 N:Z. Farmers' Co-op 250 Murray, Roberts and Co 5,216 Abraham and Williams 1,402 N.Z. Loan and Mercantile 2,C00 19,328 There was a full bench of buyers. Competition in all lines was well maintained, and excellent prices were secured. All bright wools realised right up to the rates of last' February's sale, when top prices were obtained. Dingy and seedy wool, however, were easier. The full range of prices, and comparisons with the February sale, have been compiled and tabulated by the brokers as follows Feb. June, d. d. d. d. Merino 12 to 13J 12* to 154 Ilalfbrcd, super 174 to 19 — Half bred, medium 16 to 174 16 to 18J Halfbrod, inferior 135 to 154 14 to 15J Crossbred, super 16* to 18* 164 to 19 Crossbred, medium 16 to 174 15 to 161 Crossbred, coarse 15 to 164 13 to 14J Crossbred, inf. and seedy 11 to 14J 10 to 124 Crossbred, pieces & bellies 9 to 154 9 to 114 Halfbrcd, pieces & bellies 10 to 114 9 to 104 Locks 7 to 8j 4 to 7 Crutchings ~... — 12 to 15 Crutchings, seedy — 6 tollj Lambs, best 16 to 184 16.t019J Lambs, medium 13 to 154 12 t0144 Lambs, int. and seedy ... 7to 12 No bids Southdown 16 to 184 16 to 18 A large portion of the catalogue goes to Bradford, but Dominion buyers secured a fair quantity of wools suitable for scouring. French and Japancso buyers competed, and the Japanese were keen buyers of crutchings. The result of the sale is considered highly satisfactory. It is stated that the prolonged season having made it necessary for oversea buyers to remain inthe Dominion, they will not now return to their respective countries till the end of next season. Tho wool season just ended has been a remarkable ono for big prices; few producers over experienced such figures. Realisations have exceeded the most Ban"uine estimates. BROKERS' REPORTS. Messrs. Dalgety and Co., Ltd., report— sold extremely well, good clean lines selling readily up to as high as lEd. per lb., which forecasts good sales during tho coming few months. Our next sale for crutchings is sot down for June 23 and consignments should bo forwarded immediately to ensure inclusion in that sale We make the state of the market,'as compared.with last sale, on February 14, to be as follows:—Medium to super halfbreds, par to jd. per lb. advance; inferior crossbreds, at par; superior crossbreds, at par; medium to coarse crossbreds, Id. to lid ?? r lb -J? wor >' inferior and seedy crossbreds, la.to-<xi. -per .lb. lower; merino, irregular, par to Id. per lb. higher; lambs' wool, clean medium to sound, par to id. per lb lower; pieccs and bellies, Id. to 2d 'per lb lower. -Some notable realisations were as loiiow:—Merino: 14Jd. to ' 15id., Frank Brook; Nelson; 14? d.- B. W. Williams, Blen-heim.-Crossbred: 18Jd. to 19d., Condon Bros., Hokitika; led., F. Haddock, West Coast; 173 d., J. Adamson, West Coast; 17Jd„ A. Maws, Nelson; 17a., S. Keilson, Ekctaliuoa: W. liayner, STasterton; Stuart and Clianman, West, Coast; 16' d„ Mrs. E. Bray, Feeding; Scott Sck, il'Creanor and Co., Karamea-; li. Mackley, Koiterangi. Lambs: 19»d. R. Hjivcourt, Koiterangi; ivjd., W. 11. Booth, W-airarapa; 175 d., J. Best, PalmerstonNorJi; lujd., liobt. Hannah, Wellington; Thos. Bevan, Mauakau; 16Jd., J. li. Wlivte Tokomaru; A. J. Whyte, Tokoinaru; 163 d' Mrs. E. Bray. Feilding. Messrs. Murray, Roberts and Co., Lid:', 10. port as follows:—Competition v®6 keen for all fairly clean, free wools, which, sold re. latively 011 a par with last tale. Good clean lines of lambs also commanded prices very little bolow last February sales' level, and clean light-conditioned cruiehmge under Japanese competition reached extreme prices, for the best lines up to 15d. being obtained. Seedy 'and dingy and faulty wools, however, were neglected, and ill some cases no bid was obtainable in vory badly • seeded wool. Taking the condition of tlie bulk of'the wool offered into eon-, sideration, the sale must be regarded as satisfactory, but a mucli larger proportion than usual iras.. passed in, owing to the owners excessive ideas of current val'ins. borne" of crur 'best sales wcrei-IMJANUI, ■!n, t0.17Jd.: lambs. 163 d.: XGAURUK.I3HU, kl ' n s s ' 16W - ; l' iecus ' "Id.: 3TfTT 3[, lofd, to 16M.; lambs, 16? d.; pieces 124 d.; KGAII'IPI, 15d. to 17id.; lamb*, 17d • DMK/WOODLANDS, 14id. to 16Sd.; JtcMl ; TARADALE. 152 d. to 16id.; JH conj.. i7d.; REffA KI'iWA, to-inbs, fVi'l ; fIVS/W/TO'j'ARAS, 16id. to 17d. Crutchingr: A/AKII™' K i» <lis.. 13Jd. to'lZid./ KAI, Vi' Ali °RAj\'Gl, 13Sd.; GLEiWSIDE, 13Jd.: AJIAXf, 14{J. The New Zealand Farmers' Co-operative ; Distributing Co., Ltd., report All good clean -bright fleece -wools of line quality •were well competed for. and realised full values. Medium and coarse, crossbrcds were well competed for, but at a lower rango of values. Supor lambs again sold at very lugh prices, as did alto the many lots of clean crutchings. The following are some of the prices obtained by us:— IIW over Til, To jloro, 174 d. (fine and medium crossbred), lambs 163 d.; REY, Feeding, 16Jd. (lambs); JHJ, Sandou, 16jd. (ewes), hoggets ,16d. Crutchings: PUNGAf>yI .(Feildnig), 14Jd.; TOTARA (Kumeroa), 14Jd.; OHD over WAJUIICI (Kumeroa), 14Jd.; AO over F in diamond (Featherstou), Kid.; \OTK (Featherston), Wild.; Admiral Run, I2jd. Messrs. Abraham and Williams, Ltd., report: Halfbred and merino showed an increase. :of 0116-penny per; lb., but medium crossbrcds . were down 'from Id. Ito 14d. Coarse - w;ools . showed a decline of quite .2d. There was a good demand for crutchings, which sold well, ■ and were keenly sought.after. The prices for best lambs were welj maintained, and ill some cases showed; a rise of about three-fartliings. Seedy wool was- rejected right throughout. tSonie of our sales were as follow:—ESTCOOitT, 3. bales Southdown 17Jd.; 9 bales lambs' 17jd.; 11 fine crossbred 163 d.; 54 bales crossbred 164 d. ; KERERtI, 35 bales crossbred ,163 d., 7 bales lambs' 16} d.; ET/RIVERDALE, 16 bales super -crossbred, 16Jd.; 49 bales crossbred 15Jd.; JKK, 6 bales lambs' 17d.; MT. HIIIA,- 35 bales crossbred 16Jd.; CXZ, 5 bales lambs' 16d.; AJM, 5. bales crossbred 163 d., 10 bales crossbred lCidl; FK/C, 6 bales crossbred 16jd.; ECU, 5. bales lambs 17d.; P, 15balcs crossbred 17id.:-BROOKLAjSfDS over TIR-AUMEA, 5 bales crutchings 13d.: HIIvORAJiGI, 2 bales crutchings, fine, 14d. - The United Farmers; Co-opcrattve Association, Ltd., and the Wairarapa Farmers' Co-operative Association,: Ltd., report as follows:—Compared with , last sale held on February 14, prices for medium and coarse crossbrcds were lower by Irt. to lid. per lb. Wool, showing, seed was neglected, and in some cases no bid was given for seedy lines. Crutchings sold well, and. at a- high range of prices. Tho following' are some of our sales:—LM over B, crossbred, at 13d.; MH over K, crossbred 15d., lambs 44d.' E, .crossbred, 13Jd;; AS over- FP, crossbred, 14! id.;' JMC, Crossbred, 14jd.; JH over liangatumau, lambs, 15Jd.'j •'CBISLSPIELD crutchings, 133 d.; TI'Ni'.SIDE. crutchings! 144 d,; SNOWDOWNV. crutchings, 333 d. Messrs. W. and G. Turnbull and Co., Ltd., report as follows:—Bidding on all lots of clean fleece wool was very keen, seedy wools creating very little competition. Unfortunately a large proportion of the wools catalogued showed this defect, as they were mostly late shorn clips. Crutchings were also included in the catalogue, but there was not the cuantity to hand that was expected. Bidding on the best classes was very keen, but, like fleece wools, seedy was very much neglected. Glean fieeco wools ruled on a par with those at the February eale, lambs showing a slight decline. Sorn'o of our prices were:-SC/LAXSDOWNE, fine crossbred, 17d.; GT, crossbred, 16d.; WMB/ PUItUATANGA, crossbred, 15Jd.; CE/MIKO MDvO, crossbred, 143 d.; J/TABLELANDS, 153 d.; K BROS., crossbrcd, 14? d.; RAWIIITI crutchings, 14d.; MAMAKTJ, crutchings 14d. : ICUMUKUMU, crutchings, 133 d.: MAORILAND, crutchings, 13Jd.; AWAPIRIPIRL crutchings, 15id.; T 011 6ide W, lambs. I'd.AIRP, larubn, 141 d. '