WOOL, SKINS, TALLOW, ETC.

New Zealand Tablet, Volume XXVIII, Issue 52, 27 December 1900, Page 13

WOOL, SKINS, TALLOW, ETC.

DUNEDIN WOOL SALES.

The first wool sale of the season waa held in the Agricultural Hall on Thursday. The catalogue was small, and the bulk of the wool offered was somewhat inferior to that which will be submitted at the next sale on January 11, as it is usual for the better class of wools to come in for the second sale. A total of 1688 balei was submitted, against 4376 at the same time last year. Tber* was a large attendance of buyers, including representatives of English and foreign manufacturers and local milla. The prices for all descriptions showed an advance of Id on those ruling at the last London salee, and fully *d per lb on those ruling at the Christchurch sales. On the whole there was a good tone, and bidding was fairly briak, considering the heavy fall in values wh eh has taken place during the past 12 months. The top price realised for haifbred waa BJd. The following were the quotations : — iGreasy balfbred — Superior, 8d to B£d ; good, 7d to 7Jd ; medium, 6d to 6Jd ; inferior, 5Jd to s|d. Greasy merino — Superior, 8d to BJd ; good, 7d to 7sd ; medium, 6Jd to 6fd. Greasy crossbred — Superior, 6Jd to 6|d ; good, 6d to 6Jd ; medium, ssd to s»d ; inferior, 4sd to 3d. Greasy longwools — Good, SJI tj 6}d ; medium, 4fd to 5Jd ; inferior, 4Jd to 4£d.

Messrs Stronach Brot>. and Morris report on the first wool sale of the season in Dunedin as follows : — Since the beginning of this year the London sales have showed a steady decline, culminating at last series with a fall which was estimated to leave values 40 to 50 per cent, lower than that of 12 months previously. In view of this it is satisfactory to be able to report that prices, compared with with Christchurch sales on the 13th inst, Bhow an advanoe of at least per lb, while current Dunedin values may be stated to be a full Id above London equivalent. The catalogues comprised a very few phoice clips, the bulk being made up of inferior and shabby wools, principally from the early shearing districts. The total quantity submitted by the brokers barely reached 1700 bales, as against 4200 for the corresponding sale of last year. This difference was principally owing to several owners electing to hold their clips until they saw the result of the opening sale, and no doubt the second series on January 11 will be a record one, and include, at all events, a large proportion owned by those who hitherto contain* plated risking the London market. Included in our catalogue was the well-known clip of Mr Peter A. Watt, Kaihiku, branded JW, and with this we established a record for this year's wool sales in the Colony, the half bred, under keen competition, making B£d. The merino from this grower's stud flock realised B^d, and the crossbred ewe 7Jd. Values may be quot?d as follows : — Greasy half bred super, 8d to BJd ; do medium to good, CJd to 7}l ; do inferior, 5Jd to 6Jd ; merino — super. 7Jd to BJd ; do medium to good, 6^d to 7Jd ; do inferior, 5d to 6d ; crossbred — super, 7d to 8d ; do medium to good, 6d to 6Jd ; do inferior, 4£d to 5Jd. Pieces and locks sold exceptionally well, the former brin-ring up to s|d, and the latter to 3|d. Our catalogue comprised 201 bales, and of this we sold 176, the balance not reaching owners' reserves or our own valuations.