COMMERCIAL.

Marlborough Express, Volume XLVII, Issue 34, 8 February 1913, Page 5

COMMERCIAL.

WELLINGTON WOOL SALES

Messrs Levin and Co., Ltd., report as follows: —

At the sale yesterday at Wellington 16,000 bates were offered, as against 13,700 last February. Our catalogue represented 2400 bales. There was again a full attendance of buyers. For'this period of the year the quality was good"; and .several good clips were offering. There was present; however, a large proportion of dingy, coarse, and seedj?" wool, and most of the wool was heavier in condition than at the earlier safe. This must bo taken into consideration in comparing prices.

Competition was keener than at any sale during the .season, and bidding was very animated for all grades of wool, and prices were £d better tlian January rates for medium and coarse wools. Rough dingy lines sold at full January rates. Lamb's wool sold excellently up to 12£ d. We. sold-.Clifton Grove clip (Wairarapa) 24 bales at 11-|d, 19 bales at lid; Te Rangitumau (Wairarapa) 8 bales at 11-^d and 12 bales at lid; Korea (Wanganui) 14 bales at ll^d and 5 bales at lljd. Nearly every lot was sold under the/ hammer. The following was the range of prices (last sale rates being in parenthesis):—Merino, January, 1913, (9£d to 10|d), to-day's prices, none offering; halfbreds (10 Jd to 13d) 10£ dto 12£ d; superior erossbreds (ll^d to 13£ d) none offering; fine crossbreds (lid to 12^d) lid to ll|d; medium crossbreds (lOd to lid) lOd to llfd; coarse crossbreds (9d to lOd) 9d to lOd; inferior prossbreds.(Bfd to 9|d) B§d to 9id; pieces and bellies (7£d to 9d) 7jd.tb B£d; locks (4£d to 6£d) 4^d to st*d; lambs^good (lid to ll|d) lid to 12£ d; lambs, medium (9^d to 10^d) 9M to lid; lambs, seedy, inferior (7d to9jd) 7dtood. '

•The New Zealand Loan and Mercantile Co., Wellington, reports: The third wool sale of the season was held in the; Town Hall yesterday, when we ofitf-red a representative catalogue of Wellington, WVirarapa, Manawatu, and Bush wools, to a. full bench of Home, -Continental,, and American buyers and New Zealand Mills and scpurers. The wools shown were chiefly 36-40 quality-carrying a fair amount of seed, but. extremely light in condition for this time of the year, and those descriptions suitable for Bradford met with, a groat reception and sold at 3d to 3d per lb. over our most sanguine expectations. -~ Finer ■quality 46:s and upward were in fair demand, arid sold at'about last sale values. With respect-to lambs-wool the Continental buyers were much in evidence, and practically cleared the lot. The absolute top was from lid to 12d, and seedy and medium lamb'swool sold at from 7-Jd to 10id. Pieces, bellies, and locks were well competedl for at late ruling rates. But those showing seed and heavy in condition were perhaps slightly easier. Taken right through the sale was an unqualified success, and we must congratulate growers on the satisfactory prices resulting, which wo consider, are right up to prices ruling in London.

The following 'are some of the sales made by us of interest to your dis-' tricfc:— J. D.' Wells, lOfd'; Ralph Mills. 10$ d and 9£d; Mrs G. B. Richardson, 10} d; Mrs L. G. Mcßeth. 10|d; E. Lane, f>:;d. .'■