CHRISTCHURCH WOOL SALES.

New Zealand Tablet, Volume XXVII, Issue 48, 30 November 1899, Page 15

CHRISTCHURCH WOOL SALES.

The first series of the Christchurch wool sales opened on November 23, when, out of 8118 bales catalogued, 7262 were sold by auction. There was a good attendance of foreign and local buyers, although the sale was slow all through, occupying from tO a.m. until 10 p.m. Good prices were obtained, and there were advances in all classes of wool, more especially in fine half breds and merinos. Buyers were very slow to start, but once set going the competition was very keen, and pieces and bellies were much sought after by local scourers, and in several instances brought prices fully up to fleece wool from the name flocks. The scarcity of merino, owing to shearing not being far advanced in that class of wool, considerably affected the market, and caused a keen demand No large station clips came forward, the bulk being farmers' lots. Strong crossbreds advanced on the closing rates at last year's sales Jd to Id per lb ; medium do, Id to 2d ; Down cross and medium halfbreds, 2d to 3d ; super halfbred, 3d to 4Ad ; and merino, 3d to sd. Merino sold up to 12* d, halfbred to 13id, crossbred lUd, longwool to Bd, Down wool to lid, pieces and bellies to lOfd, and locks to 4d.