WELLINGTON WOOL SALES.

Wairarapa Age, Volume XXXII, Issue 3088, 9 January 1909, Page 5

WELLINGTON WOOL SALES.

The New Zealand Loan and Mercantile Agency Co. report aa follows regarding yesterday'aWellington wool sale:—The third wool sale of the season was held yesterday in the Sydney Street Schoolroom, when the Associated Brokers offered catalogues totalling about 20,000 bales to a very large attendance of buyers. All sections of the trade were represented, the Bradford buyers being specially active. The offerings constitue a record for Wellington, and the quantities of wool to be shown tested the capacity of tli2 storage accommodation of the city. As compared with our December 4th, 1908, sale, prices for fine wools were rather easier, but course medium and inferior crossbreds were a farthing to a half-penny dearer. There were few lots suitable for America, so that competition from this section of the operators was not so striking a feature as at previous sales this season. Pieces, locks and eddments were in good demand at a slight advance on last sales rates. We submitted about 3,500 bales, the bulk of which were sold. Our wool was well displayed, and accordingly had the carpful attention of buyers, and we are pleased to be able to report a very satisfactory sale, and only the excessive reserves imposed by a few growers prevented our making a clear ance. Our range of prices was as follows: —Merir.o, 8d to Bid; good halfbred, Sd to lid; medium halfbred, 7sd to B|d; super crossbred, 7|d to lOd; medium crossbred, 6|d to 7sd; heavy cotted and lock stained crossbred, 4Jd to Gd: super lambs, 7|d to B|d; medium and lambs, 6|d to 7|d; seedy and inferior lambs, 5d to 6d; locks, bellies and pieces, 2£d to Ggd.

Messrsi"Levin' and Co., Ltd., report:—The third sale of the season was held yesterday, when 2,00Q bales were offered by the associated brokers. There was a full attendance of buyers, and bidding was very spirited. A noticeable feature of the sales was the absence of the extremely high prices given in December for lines suitable for the American market. Operators on America's account were not prepared to force prices to the extremely high level of December, therefore best well-grown parcels showed a decline of from to |d per pound. For medium and coarse crossbreds there was little change, especially when it is considered that wool is heavier in condition now than at December sales. Inferior and shabby wools were hard to sell, and must be quoted Jd per pound lower. Lamb's wool was well competed for, and realised up to B|d for the very best qualities. Ihe following is the ram-p of prices, compared with December sale :■ — Dec. Sale Yesterday's prices. prices. Half-hreda 9ri to lOd 8&d to 6£d Superior fine crossbreds 9d to IOJd 9d to 10£ d Medium crossbreds 7d to Bfd 7d to B|d Coarse crossbreds Qgd to 7Jd 6£d to 7d Inferior cropsbrerts 4£d to 6Jd 5d to 6d Pieces and nellies 3d to sSd"> 4£d to 6d Locks !ld to 3d_2d to 3d Lamb's wool realised as follows: Good 7d to B|d, medium 66 to 6|d, inferior and seedy 4f dto s|d. Our best sales were:—TAS, 20 bales, 10Jd; JO—Colyton, 9 bales, 9Ad; Woodland, 3 bales, 9£d; Clifton Grove, 60 bales, BJd to B£d: Kavenswood, 43 bale?, B*d; HCW—TAWERA, 49 bales. 9Jd, 21 bales B£d (all Pomney wool). VVC, 20 bales, 8d; Mahaki, 20 bales, 7fd; Riverside, 14 bales, 8d; Waimanu, 29 bales, B|d, 24 bales, 7d; Moroa, 38 baled, B|d (all crossbred). The following are some of the prices realised for wools from this district: —■ CCJ—VALDOR, 7£d; TE HOPAI, 6£d; DB—WAIAWA, Bid and 6fd; MOROA, BJd, 7|d, 7Jd, 6|d; ARO, 7fcl, 6fd; Kin circle, 7Jd, 6Jd; WAIMANU, B|d, 7|d, 7d; HUKANUI, 6|d; JG—Manaia, 7Jd: FHD, 6Jd; Riverside, BJd, Bd, 7d, 7£d; MAHAKI, 7£d, 7d; R2—DD, 7£d, 7d; ARC, 6|d. 6id; J. and F.R., 6|d; HWL, 7d; HC, 6|d; Clifton Grove, B*d, BJd; VVC, Bd, 6§d; Hinakai, lid, 7d; Rock-y Hill, 6|d; Awatea, 6gd, D rev hj, 6gd; Binstead. BJd; EC—T, 7d; Waironga, 7£d, 6fd; Burnside. 6£d, 6Jd; NMK, 7£d, 6|d; J Club D, 6Jd. Our next sale will be held on Friday, 19th February, 1908. All wool snould be in store by the Monday previous.

By Telegraph —Press Association. WELLINGTON, January 8. The third wool sale of the season was held to-day, and lasted from 2 p.m. till near midnight, and even then star lots of single bales were held over till to-murrow. There was a large attendance of buyers, and 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 fd. Other wool sold remarkably well. The Bradford section of purchasers took the bulk of the lines in the catalogue. The French took the best 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; half bred, medium to good, 9d to lOJfcd; halfbred, inferior, 6|d to BJd; crossbred and Romneys, light condition, B|d to 9id; medium, 7d to 8d; inferior and shabby, sJdto6d; crossbred and Lincoln, bright, 7d to 7Jtd; inferior to medium, 5Jd to 6d; Corriedale, 7Jd to BJd; lambs, fine bright, 8d to Bfd; medium to coarse, 61d to 7ftd; pieces, fine, 4|d to 7d; coarse, 4Jd to 54d; bellies, 4£d to sid; locks, 2£d to 3£d.