DUNEDIN WOOL SALES

Feilding Star, Volume XVIII, Issue 204, 2 March 1897, Page 2

DUNEDIN WOOL SALES

(Per Press Association.) Dunedin, Feb. 26. The namber of bales offered at the fourth series of Dunedio wool sales, was as follows :— Balm. Wright, Stephenson, and Go. ... 25? Farmers' Agency Company ... 227 N.Z. Loan and Mercantile Agency Company 210 Mutu&l Agency Company ... 209 DalgetyandCo 193 Donald Reid and Co 178 Stronach Bros, and Morris ... 154 Moritzson and Hopkin 80 W. E. Reynolds and Co 28 Total 1572 Competition was brisk, especially for any wools free from seed and in good condition. Pieces also were well competed for. The bulk of the wools offered were of poor quality and bad condition, being made up for the most part of stragglers' lots and late shorn clips, showing a considerable amount of feed and condition. As compared with last sales, prices show little or no change, merinos especially. Those in heavy condition were slightly easier, while cross-breds and half-breds free from seed and in good condition were in good demand and brought slightly more than last sale. Pieces and looks were fully up to last sale prices. Messrs Moritzson and Hobkin report : —Competition was brisk for fleece wool, and prices ruled about the same as last sale. Bellies and piece** however, were not so keenly competed fer F and prices for them were quite id to id per lb be* low those of the previous sale. We offered 91 bales, and cleared the lot at quotations. The following are the ruling values :— Greasy extra super half»bred B£d to B£d, super half-bred 7*d to BJd, medium 6|d to 7£d, inferior 6{d to 6£d; greasy snper cross-bred 7jd to B£d, medium 6jd to 7±d, inferior 6}d to 6Jd ; greasy snper merino 7d to Bd, medium 6d to 6Jd, inferior 4|d to ft^d ; bellies and pieces (best) 6d to 6Jd, good 6d to s&d, medium Bjd to 4£d, inferior 2d to 8d per lb. Messrs D. Reid and Co. report:— The total number of bales catalogued by the various selling brokers comprised 1,308. There was a fair attendance of buyers, and competition (considering the condition and oharaoter of most of > the wools offered) was about the same as ruled at the previous sales. We submitted a catalogue of 176 bales, and, under fairly satisfactory competition, every bale was disposed of. The Mutual Apency Company of New Zealand, Limited, report having held their fourth wool vale to-day. The attendance was only a moderate one, but notwithstanding this the bidding was quick and lively. Considering the quality of wool offered, prices all ronnd were quite ou a par with those of previous sales. LONDON MARKETS. (Per Press Association.) London, February 28. At the sheepskin sales strong competition was displayed. The prices for bulk were unchanged, bat short woolled advanced a farthing. Silver iB quoted at 2s 5 11-16 d per oz. At the kauri gum auction 3065 cases were offered, half that quantity being sold. The latest quotations are :— Three-quarter scraped, 93s ; halfscraped, 68s. The stock in hand total 1194 ca3es.