THE MARKETS.

Rangitikei Advocate and Manawatu Argus, Volume XXXIV, Issue 9341, 9 January 1909, Page 5

THE MARKETS.

WELLINGTON WOOL SALES. KEEN COMPETITION. Per Press'Assooiation. Wellington, January 8. The third wool sale of the season was held to-day, and lasted from 2 p.m. till nearly midnight, and even star lots of- single hales were held over till to-morrow. There was a large attendance of buyers, ana bidding was animated throughout, competition being keener than at previous sales this season. Americans were, however, working on lower limits, and.wools suitable for them were lower in price by about %d. Other wool sold remarkably well. The Bradford section of the purchasers took the hulk of the lines in the catalogue, and the French took the beat of the halfbreds and most of the lambs wool at !good prices. The range of prices was as follows :

Merino: Fair to medium 8d to 9d, halfbred medium to good 9d to halfbred inferior to crossbred and Romneys in light condition B>£d to 9%d, medium 7d to Bd, inferior and shabby s}£d to J.6d, crossbred and Lincoln bright 7d to inferior to medium to 6d, Oorriedale to lambs fine bright 8d to B%d, medium to coarse 6>£d to 7%d, pieces fine 4%d to 7d, coarse to 5%d, looks 2%d and LEVIN AND OCX’S REPORT. The third sale of the season was held to-day (Friday), 20,600 bales being offered by the associated brokers. There was a full attendance of buyers. A noticeable feature of the sale was the absence of the extreme high prices which were offered at the December sales for lines suitable for America. There were operators present for the American account, but they did not seem prepared to force prices up, and therefore bright well-grown parcels showed a decline of a halfpenny to three farthings for mediums and coarse crossbreds. The market showed little change, especially when Jtho heavier condition of the wool is taken into account. Inferior and shabby wools were rather hard to sell, and must be quoted %d lower. Lambs wool was well competed for and realised up to B%d for the best qualities. The following is the range of prices:—

Halfbreds, December sale price 9d to lOd, to-day’s prices to 9J£d, superior fine crossbreds 9d to and 9d to medium crossbreds 7d to B%d and 7d to B%d, coarse crossbreds to 7%d and to 7d, inferior crossbreds to and 5d to 6d, pieces and bellies 3d to 5%d and 4%d to 6d, locks Id to 3d and 2d to 3d.

The following are some of the prices realised for wools from this district Lot 5, JB oonj., 7 bales crossbred TW over M, 3 lambs 6%d; 130, F R J, 8 over S, 18 do. 6>£d ; 135, T and D, 7 do 6d ; 141 AN/Kanana, 4 do. 6%d; 150, J J M, 3 do. Pipiriki, 3 do. 6^d; 167, Mt. Rowan, 14 do. 6%d ; 177, D L B over S, 8 do. (passed); 188, ;H T, 3 do. 6%d ; 375, Pine Hill, 3 do. (passed); 376, A in Decanter, 9 do. JHJB, 4 do. 5%d; 401, B A, 9 Romney, (passed); 403, do., Leicester, dale, 7^d; 404, do., 8 bellies and pieces, 4%d; 405, R in a circle over S, 33 crossbred, 9d ; 407, Lakes, 10 do. 6d (passed); 408, do., 3 merinos, S%-, 109, do., 7 crossbred, (passed); 435, Ruawahia, 8 bellies, 4d; 431, W J, 16 crossbred, 6%d; 438, Ruawahia, 34d0 , 6d (passed); 441. JJM, 3 do., 6>£d, 443, Pine Hill, 14 do., 6%d (passed); 450, D W over W, 36 do., 6%d (passed); 454, G W O over I T, 6 do., 6d (passed); 464, A in decanter, ;3 do., (passed); 465, do., 3 bellies, 4d ; 466, do., 3 lamb, 7%d; 469, Diamond, '3 crossbred, 6^d; 484, W H W, 28 do., 6%d (passed); 485, do., 3 lambs, (passed); 486, D, 3 dead, ; 487, WF WF conjoined, 3 crossbred, 6djj(passed); 488, H H H, 5 do., 4% (passd); 495, Aitken, 30 do,, 6d (passed); 105, Glenmorven, 15 do., fd; 106, Otauiri, 16 do., 9d. STOCK REPORT.

The New Zealand Loan & Mercantile report:—At Feilding on Friday a medium entry of sheep and cattle met with a good demand. Rape lambs sold freely. We quote : Gull lambs 3s 9d, cull ewes 4s 5d to ss, fat ewes 10s, rape lambs shorn 9s 6d, f.m. Southdown rams £3 3s to £4"l4s 6d, Southdown rams £4 14s 6d, 18 months steers £2 12s 6d, cows and calves £3 18s, forward cows £3 10s, fat cows £4 19s, 2 year steers £3 19s, bulls 25s to 30s.

Messrs g Abraham & Williams, Ltd., Feilding, report on sale held at Feilding yesterday :—We had a fair yarding of both sheep and cattle. There was'a good attendance and prices for the New Tear opened up well, Rapeßlambs met with a keen demand. We quote -Medium lambs in wool 8s 6d, 9s 6d to 9s Bd, store lambs 6s 6d, 7s 8d to Bs, 2tooth wethers small 10s sd, good 2tooth wethers 11s 4d to 11s 6d, 2tooth ewes 11s to 11s Bd, forward ewes 7s 9d to 8s lid. Cattle: Fat cows £3 15% to £4 ss, £4 12s 6d to £5 ; store cows £1 10s to £2 2s 6d ; forward cows £2 ss, £2 7s fid to £2 19s; yearling steers £1 12s fid to £1 15s, yearling heifers £1 10s to £lJl2s, bulls £1 15s to £2 10s, cows in milk £4 ss, £4 10s to £5; springing heifers £3 10s.