CHRISTCHURCH WOOL SALE

Gisborne Times, Volume XXV, Issue 2062, 13 December 1907, Page 3

CHRISTCHURCH WOOL SALE

COMPETITION -A LITTLE BETTER . ' THROUGH WOOLLEN MILLS’ BUYERS. CHRISTCHURCH, Dec. 12. At the wool sales to-day 17,000. bal'.es were offered, a large portion of which was passed in. There was littllo demand for wool at holders’ values, but merinos fetched 9Jd to 91 d, medium to good half-bred super lid to 12Jd, medium to good BJd to 10R1, inferior 7Jd to SRI, three-quarter-bred super 9d to 10Jd, medium to good Bid to BJd, inferior 6’d to Bd, crossbred super 9d to _lofd, medium to good 7id to 83d, inferior 6d to 7id, long wool super to 7d, Down medium to good Bid to 9id. The above prices show better than the last sale, which as accounted for by the superiority of the wool. Later. The'second wool sale of this season’s series commenced to-day, when 17,500 hales were catalogued, as compared with 21,347 bales for the corresponding sale of last year*. The attendance of buyers was very large, hut many Of them were not operating. .Wool was on the whole heavier in grease than that offered at the .previous sale, and though the bulk was in small lots there wore a number of largo and well-known- clips offered. Vendors showed father more disposition to sell than at the previous sale, and a _ somewhat larger •proportion was disposed of, except for the best .fine wools. However, prices showed a, decline on thoso given at the first sale. The representatives of local woollen mills competed freely for fine wools, and it was on this account that better values wero realised, some of the passed in lots at the last sale showing an advance of a. farthing. Vasty hal-f----breds were easier, and crossbreds, especially coarse heavy descriptions, wero lower to the extent of a halfpenny to a penny, and in some cases as much as a penny halfpenny. Competition throughout was fairly brisk up to a point, but except in the .case of representatives of local woollen mills buyers were firm in not going beyond certain limits. The range of prices was :— Greasy merino B:]d to Hjd, simer half-bred lid to 13d, medium 7Jd to Od, inferior 65d to 83d. sillier three-quarter bred 10id, medium 7ld to 9d, inferior GJd to 7 ; \d. super crossbred 9-5 d to 103 d. medium 7d to 9d, inferior od to 7d, Down Sid to lOd, first half-bred pieces 9d to lOd, second pieces old to 75d, first crossbred pieces old to Bd, second pieces 4id to 6d, locks 2jd to 5Jd. The market was topped during the sale in the daytime at 13d for Mount Parnassus half-bred and merino lljd.