AUSTRALASIAN.

Otago Witness, Issue 2895, 8 September 1909, Page 7

AUSTRALASIAN.

} Sold by Messrs Thomas and Cook, July 15. ! Tarhdale: Greasy — Seven bales, first combing ! H lOJd, 18 do lid, 18 do lOJd, 5 A do lOd, ' 17 do lOJd, 78 seoondT do lOJd,' 32 do 9£d, I 6 first clothing H 9Jd, 38 do 9d, 4 combing { 9£d, 28 necks- lOd, 3 do 9|d, 15 first pieces ; 9d. Scoured — Twelve super combing 22Jd, 8 first do 21Jd, 10 second do 21% d, 6 do 19Jd, j 7 clothing 19Jd, 11 do 19d, 19 first pieces \ 20Jd, 11 do SOd, 10 second do 19d, 4 do ! ! 18Jd, 16 bailies I9tft, 18 locks l«id, 18 do j 16d, 3 table do 13d. Mendip Hills: Greaey j i — Five super first combing 13Jd, 18 do 13d. ! ; 10 do 12£f, 10 do 13d", 65 do 13d, 7 second : ; do 12d, 4 do 13Jd, 40 do 13d, 4 A do 13d, I 14 third do 12d, 10 pieces _ lid, 49 do lOJd, j 17 locks 5Jd. i ' ! • Sold by Charles Balme and Co., July 16. j , WCB: Greasy — Eleven hajfbred combing i J 9<J, 8 crossbred do' 2d 7 do 7jd, IT B do I 6dl, 20 C do withdrawn, 4 C do 7d, 13 E» jdo 7Jd, 15 M do withdrawn, -10 do withj drawn, 7 first crossbred lambs 7d, 6 do . 6Jd, 4 Bomney do 6£d, 6 first crossbred pieces i 6Jd, 14 do 6d, 14 B do s|d, 9 do 51d, 11 do \ s£d, 3 slipe do Bhd. { i Sold by Messrs H. Schwartze and Co., ' July 19. Rhoborough Downs: Greasy — , i Fifty-eight first combing lOJd, 64 do lOd, 24 second do 9Jd. 10 first pieces 9£d, 16 first combing halfbred lid, 5 do withdrawn, 17 second do 9i<L Socuted— Three bales first combing 204 d, 4 second. do 20d. 7 second. pieces 18Jd, 3 do 15Jd, 5 first bellies 18Jd, 5 second do 18d,, 5 locka 15d, 5 do Ud, 3 first combing hklfbred 18d. 3 second do 16Jd. 1 Sold by Messrs Dv Croz, Doxat, and Co., July 19, Morven Hills: .Scoured—Twentysix bales super combing 22d, 33 do 21Jd, 34 do 21d, a AA. do 20id, 16 fir»t combing 20Jd, 12 AA do 21d, 11 do 21Jd 27 super clothing 20Jd, 10 AA 20Jd, 35 first 20d, 19 do 19d. 26 do 18Jd. 8 first necks 20* d, 71 do I9id, 13 do 18id. 23 super pieces 20d, 20 first do 20d, 11 do 19ct, 58 do l»Jd 3S ' bailies 19d, 10 S pieces 17d, 12 super leeks I 16d, 25 first combing 12Jd, 8 table do 13d, 9" brown ends 13d, 10 half bred first combing 19d. 9*- do A 18d, 9do necks 18d, 6do first pieces- 16d THE OUTLOOK. Messrs H. Dawson and Co., in speaking . about the outlook, say: "The series just ' closed has been ,6omewhar perplexing end. unsatisfactory. While good support has been given to all straight, attractive parcels," there has not been the keen, all-round competition whioh was so conspicuous in the May sales. Many consumers have been so | well supplied with stocks as to bo able to ' wait until September. New demand at the various manufacturing centres has also been lacking, and the continued pause* in business has been sufficient to severely test I prices, to that at the opening the marketwas nervous and valuee irregular. I Happily, the nervousness: of the first week i has given place to a returning confidence and a better tone as the sales" have progressed. " Crossbreds ha^u; been in large supjbly, but have been mostly tof the heavier and more faulty type. Bradford has taken freely and courageously, but at a slightly lower level. The large disposals of cased wools to America havo helped the situation very materially in Yorkshire, bur this business has, of course, left the shabbier wools on hand, and it is not surprising that while good wools have fully maintained values, these j shabbier sorts have proved less attractive and haw lost ground to a small extent. '"Despite the dearth of new business afthe home centres, the position during the next few months is remarkably safe from any weakening factors in the shape of supply. It seems quite improbable that the new arrivals for September can exceed 90,000 bales, and the interval is a long one. The reported heavy stocks in Roubaix, which have been mentioned co frequently lately, are steadily diminishing and going into consumption at a rate almost unprecedented in that district. So far ac can 'be gauged, j there is in that centre" not more than about ' two or three months' work for the combing mills at the present rate of consumption. I " The new clip from Queensland is 'coming to hand earlier than- ever, which will fortunately help to relie\e any difficulties of , supply, and it is hoped will save the market from any spasmodic rebound in values. But ' there is no cheap wool from that colony on the way yet that can depress values by j its competition. The sales in Brisbane | have realised full London values, American I ami Continental buyers having 6ecur«d the bulk of the offerings. "The next move must come from the manufactured goods end of the industry Raw ■ material holds a strong position, and despite the large arrivals from the last sea- ' son, closing on tho 30th June, it seems | almost certain that tho industry will lie ', empty and hungry for the new clip wools I when they arrive. There is a widespread | caution in all European centre?, and tlm ! disposition indicates a hand-to-mouth busi- | ness until the next season's rates are established. | "The prospects tor the new clip are good so far as Australasia is concerned Queensland starts the season with ~& ""large increase of cheep, but New South Wales is reported to have considerably le«> sheep for shearing than 12 months ago. The news from South America is unfavourable,, and owing to the severe drought a decrease of production seems unavoidable in that important source f 1 of supply "

■HLermu gie»sts— »mj>ei ... ... yai „ „ average to«jood... fd-to Id cheaper » ti poo* condition ... fd'tojd „ „ „ inferior pcs & Iks id „ „ scoured, aucer Id to lid „ „ „, average to g00d... ldto-ljd „ „ inferior Jd told „ „ f *ulty pcs * Iks ji „ „ grease limw wool tup. njur , >• ti » » mcd. par to id „ !. inf. id Crossbred grease, fine par „ medium ... par to Jd „ ,] ;, Wane, super Jd „ „ „ ,7 oidLaary id to Id „ „ „ inf- pcs and Iks *d „ lamb.' |d to Id „ „ scoured, fine par to Id „ „ „ mcd. & coarse la „ „ sliped fine Hto Id „ „ „ medium ... id „ „ „ ; coarse Id , „ - Sou^h Afkicak. Snow- white super pirtold „ „ medium id to Id „ „ inferior id „ Gre«se t combing, light par „ „ heavy ... ... par to id „ „ clothing, light " id „ „ heavy id to id „