WOOL, HIDE & TALLOW SALES.

Dominion, Volume 4, Issue 1132, 20 May 1911, Page 8

WOOL, HIDE & TALLOW SALES.

Messrs. Dalgety and Company, Limited, report:—We held our fortnightly sale of wool, skins, hides, and tallow yesterday afternoon, when wo offered a good catalogue to the usual attendance of buyers. Competition was keen, and tho whole of our catalogue was disposed of at satisfactory prices. Wool and sheepskins were firm at last sale's rates. Prices. for all well-conditioned line 3 of hides were on a par with late rates. Tallow war, slightly easier in sympathy with London market. Quotations :-Wool (only bag 3 lots offering): Crossbred, 63d. to 7jd.; lambs, 7d.; crutcliings, 4d. to'Od.; dead, EJd. to 63d.; locks, 33d. to 4d. Sheepskins: Crossbred, 6d. to 7id.; half-wool. 5Jd. to 6Jd.; quarter-wools, sd. t0,6.td.; meriuo, SM. to 6Jd.; lambs, 4?d. to 6d.; lambs, dead, 4Jd.; crossbred, dead, 4Jd. to 53d.; crossbred, green, 3s. fid. to 4s. lid.; crossbred, salted, 2s. 4d. to 55.; half-wool, salted, 2s. ICd. to 3s. 9d.; quarterwool, salted, 35.; lambs, salted, 2s. Id. to 43. Hides: Ox, medium. 6Jd. to 63d.; ox, light, 6d. to 6Jd.; cow, medium, 6d. to 63d.: cow, light, 5Jd. to 6Jd.; cow, cut and slippy, 43d- to sjd.; yearlings, 53d. to 6Sd.; horse. 6s. to 125.; calf, good, 62d. to BJd.; calf, inferior, 4jd. to 6d. Tallow\ In shipping order, £6s. to 2fis. 3d.; in tins, 245. 6d. to 245. 9d. Habbitsliins: Inferior, 53d. to 6?d. Messrs. Levin and Co., Ltd., report:—We offered 20 bales of wool and a large catalogue, including 2COO sheepskins, 6CO hide 3 and calfskins, and a. quantity of tallow and horsehair. Wool: Market firm. Crutchings arc now coming forward, and wo shall have a large entry for the sale on June 2. We quote :—Jledinm crossbred, 7d. to Bid.; inferior, 6Jd- to 7d.; pieces and bellies, sd. to 5Jd.; locks, 2d. to 4(1. Skins: Market firm. Advanced a farthintr ail round. We quote :—ifalfbrcds, 7d. to 7>d.; fine crossbreds. 7d. to 7Jd.; medium crossbreds. 6d. to 7id.: coarse crossbreds, 6d. to 63d.; dead skins, sd. to 53d.; dead hoggets, 4d. to 5d.; quarter to half-wools, 4d. to GJd.; dry pelts, 9d. to Is. Id.; green skin;, 2s. 6d. to ss. Id.; lambskins, 2s. to 45.; lambs' pelts, Is. to 2s. 6d. Tallow: Easier. Parcels in shipping order, £26 10s.: tins, £22 to £24 55.; rough fat, £20 to £22 ■ 15s. ; Horsehair. Is. to Is. Bd. per lb.; horns,. ss. to 16s. per hundred; cowtails. Is. 9d. per dozen. Ilidcs: Firmer. Ox hides, heavy, 63d. to 7Jd.; ox hides, medium, 6>d. to 7d.; ox hides, light; 6d. to 6f,d.; cow hides, 6d. to 63d.; cut and slippy hides. 23d. to 5Jd.; stag hides, 4d. to 5Jd.; bull hides. 3d. to 51d.; yearlings. s'd. to Cd.; calf, best, Bd. to 83d.; calf, medium, 7d. to Bd.; calf, cut and s'.ipny, 2d. to 53d.

Tho Now Zealand Loan and Mercantile Agency Co.. Ltd., report as follows :-Only fadges and bag lots of wool were offered to-day, bales being held over for tho "crutchtngs" sale, which takes place on June 2. Tho London wool sales progress firmly, and as anticipated prices arc higher by about 5 per cent, than closing rates of, March sales. Woo! (in bass and fadges): Crossbred stragglers, 7d. to BJd.; crutchings, 3?d. to 53d.; dead wool, 6Sd.; pieces, 32d. to 6Jd. Sheepskins: Quarter to halfwools, ■ crossbred. 5(1. to 63(1.; dead and faultv. 3d. to 53d.; lambskins, 5Jd. to 6M.; lambskins, seedy, Jirt. to 4Jd.; good nslts, 3d. to «d.; damaged r«lts. Id. to 2Jd. Hides: Ox, light, 5Jd. to 6>.d.: cow. 53d. to 6d.; faulty hides, 4d. to sjd.: calf, sound. 7Sd. to 8?d.; calf, damaged. 2Jd. to 6d. Horsehair. Is. s}ri. per lb. Tallow, in casks, £?.s. 6d. to 285.6 d. per cwt.; in tins, 235. to 265. per cwt.

Messrs. Abraham and Williams, Ltd., ; report on their sales yesterday as follows:—Wo offered a largo catalogue of all classes to a full attendance of buyers, who competed eagerly for everything. Only bag lots of wool wore offered. Sl;in3 and hiacs sold well at late rates. Wool: Crutchings, inferior, in bags, 43d.; pieces, 43d. to 6d. Skins: Half to three-quarter-wools, medium, 6?d.; coarse, 6Sd.; halfwools, short, 6id.; quarter-wools, 5Jd.; pelts, 43d.; quarter-wools, inferior, 3d. to 4id.; lambs, seedy, 6Jd.; shorn lambs, 53d.; butchers' half-dry and raited, extra heavy, full-woolled, 7s. 6rt.; heavy three-quarter-woolled, ss. Cd. to 6s. 3d.; medium weights, ss. Id: to ss. 4d.; light, 4s. 9d. to 55.; halfwoolled. 4s. 4d. to 4s. Bd.; short half-wools, 3s. 2(1. to 3s. 9d.; lambs, woolly, 3s. lild. to 4s. 5d.; shorn lambs, 2s. lOd. to 3s. 7d. Hides: Ox, medium, 63d. to 7d.; light ox, 63d.; cows, light and medium, 6jd.; heavy, GJcl.; yearlings, 6! : d. to 6Jd. Xo calf offering. Cow tails, Is. 7d. per dozen. Tallow: In shipping order. £28 to £28 55.; in tins, 235. to 245. 3d.

Mossrs. Murray, Roberts, and Co., Ltd., report:—Our catalogue comprised twelve bales of wool, 2400 sheepskins, and 100 hides, besides some tallow. There wan the usual attendance of buyers, and .competition was generally keen, at prices on the level of last sale. Wool: Crossbred fleece, rough. 63d. to 73d. per lb.; pieces, bellies, etc., 4id. to 53d.; locks, 2Jd. to Ad. Sheepskins: llodium crossbred, 65(1. to 7?d.; coarse crossbred, 6Jd. to 63d.; crossbred, inferior pelted, sd. to 53d.; dead and damaged, 3id. to 5Vd.: hoggets, 4Jd. to ssd.; lambs, 5Jd. to 7id. Hides: Ox. heavy, none offering; ox, medium, 6Jd. to 7d.; ox, light, 6d. .to 6{d.; cow,'medium, 6d. to 63d.; cow, light, 53d. to 6Jd.; damaged, cut and slippy. 4d. to s]d.; calfskins, sound. Bd, to 9d.; calfskins, damaged, 4d. to 6td. Tallow: Casks, 265. to 275. 6d. per cwt.; tins, 205.. to 21s. 6d. per cwt. K:Z. TAPER MILLS. The report of the New Zealand Paper Mills Company for the year ended March 31 last states that the operations of tho company have not been so profitable as in some former years. After making full provision for all bad and doubtful debts, and for depreciation of plant, machinery, buildings, and stocks, the net profit:; amount to £6470 9s. 4d. Of this an interim dividend for tho half-year ended September 30, 1510, absorbed £3317 2s. 6d.. making a. total of £3153 6s. 10d.; to which must lie added balance brought forward from last year £019 18s. lOd. This leaves available £3973 ss. Od. The directors recommend that this be applied as follows:—To payment of dividend at the rate of 2J per cent, for half-year just ended, making with interim dividend, i per cent, for the yc.Tr, £2369 7s. 6d„ and to carry forward £1603 18s. 2d. This course is recommended for the following reasons:—During tho year a phenomenal drought occurred in the South Island, and the shortage of water at Matanra necessitated curtailment or output for some mouths. Then it was thought advisable recently to reduce the prices of some of the main lines in order to deal with strong opposition which was being met with from imported articles. These factors accounted for the smaller profits shown. On April 12 a serious lire occurred at YVoodhaugh. and the plant and main buildings were much damaged. This, of course, has caused some loss, which will be emphasised by the interruption of business. As a matter of prudence, therefore, the directors reevmmeud a smaller distribution.