POSSIBLE FINANCIAL STRINGENCY.

Dominion, Volume 5, Issue 1396, 23 March 1912, Page 8

POSSIBLE FINANCIAL STRINGENCY.

FEELIXO IS INVKKCAKGIU. Illy 'rciccraull-l'ress Association.! Invorcarglll, March 22. Jin Iters mercantile are fairly quiet in Invcrr.'irgill just now, and a good deal of unxit..y is being expressed regarding possible Imancial stringency. .Some firms are nut pushing business with the keenness, apparent a few months hack, and deals are not looked upon with favour unless buyers have an assured position. Honey is ligh>:, and most of Ihe Imancial institutions are making no secret of the fact. Deals in properly, both town and country, have it is said fallen oil greatly, and al'.ogother there seems to be a feeling that lime is ripe fur extreme caution, WOOL HIDE, AND SICIN SALES. Messrs. Abraham and Williams. Ltd., repurc ;;s luiiuivs:—We offered n bin catalogue of all classes of produce to a. large attendance of buyers, and competition was keen for everything ottered. I'rices weiv. on «■ par witli last sales' rales. We quote: Wool: Only bag wool aim odd hap; k'_s ollered. Ordinary crossbreds, '/id.' to Jt ; inferior and seedy, s;id. to GAd.; lambs, V;ii. to 8(1.; dead, 6kl. to bid.; pieces, sd. to SJU.: inferior, Id. to s.;d. .Sitins: Medium to iine crossbred, 7d. to '/Id.; coarse crossbred, Gijd.; lambs, Od. to CJd.; crossbred seconds, ijd. to 53d.; quarter-ivool:-, 4.? d. to 6d.; pelt-, 3Jd. .0 4d.; short and inferior, 3d. to 4d.; butchers' half-dry and green half-wools, 3s. ed. to 3s. 9d.; quarter-wools, 2s. Gd. to 35.; lambs, 3s. to Is. 6d.; small, 2s. 7d.; lambs' pelts, Is. 3d. to Is. 9d. llides: Medium heavy os. 73d.; medium ox, 7 3-Cd.; light, 7d.; ncuvy eows, Till.; medium cows, 7d.; light, 6f;d. to Cad.; cows, cut. GJd.; s-'.ags, sgd.; bulls, 4d.; yearlings, 7>d.; ordinary calf, I'd. to 9«il. Tallow, in shipping ordar, medium quality, £27 ss. to x.?:i 10s.; inferior, £26; tins, ZCs. 6d. to 225. 6d. per cwt. Sundries: Horsehair, Is. 6d.; cow tails, Is. Gd. dozen; horns, large, 255. 3d. per hundred; small, 15s. per hundred Jlessrs. Murray, Roberts, and Co. report:—We offered 150 bales of wool, 4300 skills, and 4KI hides. The attendance of buyers was rather larger .Ilu.ll usual, and competition was very Keen. Prices for all produce ruled fully on par with late Itgures, and there were very few withdrawals. We quote prices ruling a : -. under: Wool: Crossbred medium, Bd. to 83d. iwr lb.; crossbred heavy coarse, 6id. to 7id.: crossbred seedy, dingy, Cd. to tiid.; lambs' bright, m. to 9Jd.; lambs' dull. Yd. to 73d.; lambs' seedy, sJtl. to 63d.; pieces and bellies, I'd. to eld.; locks, jid. to <);d. Sheepskins: Crossbred line, 7d. to 7;d.; crossbred, 6.1 d. to ?d.; crossbred inferior pelt', s}d. to 6d.; dead and damaged, 4d. to sid.; badly damaged, 2Jd. to i>J.; lambs. 3{d. to b\A.; lambs, short to half-wools, 3d. "to sd. Hides: Ox heavy, 7jd. to Bd.; ox medium, 7d. to 73d.; os light, 6Sd. to 7Jd.; emv best, 7d. to 7V1.; cow medium, 63d. to 6;d.; damaged, cut and slippy, Hi. to 6d.; calf good.lOid. to lid.j calf medium, 9d. to 9; : d.; ralf damaged, 51<1. to 73d. Tallow, in casks, 20s. to 28s. 6d. per cwt.; in Una, 16s. to 225. per cwt.

The New Zealand Loan and Mercantile Agency Co., Ltd., report as follows:—At our fortnigh.ly sale we offered about 100 bales wool, a fair quantity of sheepskins, hides, calfskins, and tallow. Thcro was a

largo attendance of buyers, and a good sale was experienced. Competition for wool was keen in spite of the coal strikes and unsettled s:ate of the wool market at Home. Skins, hides, and calfskins sold well at the level of last salss. Wo quote: Wool: Crossbred, 63d. to Bd.; lambs, good 7?. d. to 9d., seedy 6M. to 7id., extra seedy <3d.: pieces, 4id- to 5Jd. liabbitskins, 50 Is. 2d. per lb. Sheepskins: Crossbred fine, 6Jd. to 73d.; crossbred medium and coarse, 6»d. to 7d.; crossbred shortwools, 4td. to old.; crossbred dead and broken, 3d. to

4iid.; lambskins, 62d. 1o 6Jd.; green and salted skins, Is. to 3s. 9d. Hides: Ox heavy, 71d. to Bd. : ox medium, 63d. to 7d.; ox light, 6id. to 6Jd.; cow, 6 d. to 7 J-Bd.-, faulty hides, 53d. to 6d.; calf, good, IOJd. to lljd.; calf medium, B*d. to 10d.; calf damaged, sd. to 6Jd.; yearlings, 6X<l. to BJd. Cowtails, Is. sd. to Is. 7(1. per dozen. Tallow, in sacks. 265. to 2Bs. 3d. per cwt.; in tins, 20s. to 245.; fat, 17s. to 19s.

Messrs. Dalgety and Company report:— A; our usual fortnightly sale of wool, hides, skins, and (allow, wo offered soni2 very good parcels of wool, including the balance of the season's clip. We quote the following prices:—Wool: Crossbred, 63d. to 72d.; lambs, 7Jd. to 9(1.; pieces, 43d. to s>d. Sheepskins: Crossbred, Sid. to 63d.; broken 'and dan)n£.?d, 4d. to 4i'd.; hosgets, 6,; d.; lambs, sfd. to did.; pelts, 4d. Hides: Ox heavy, 7i<l. to 7„d.; ox, en; awl slippy, 51(1. to 6!d.; cow heavy, 6Jd. to 7d.: cow medium, 63d. to 6f,d.: cow, cut and slippv. .skl. to 6 f d.; horse, 7s. 6d. ofch; calf good, 9d. to IOJd.; calf, cut and slippy, Bd. Cowtails, Is. 7d. per dozen. Tallow, medium, in shipping order, 245. 3d. per cwt.; in tins, 225. 9(1. per cwt.

Messrs. Levin and Comnany report:—At our for.nightly sale we offered 130 bales of wool, 2500 sheepskin?, 250 hides and calf-

skins,' and a quantity of tallow and horsehair. Wool: Prices wore firm, nnd all lots sold at March sale rates. Wo quote:— Medium crossbred, Bd. to CM.; coarse crossbred, 7d. to 7?d.; inferior crossbred, 61(1. to 6?d.; pieces, 4}d. to 5?d.; locks, 3d. to 4Jd. Skins: No change. Wo quot.?:—Halfbreds and lino crossbreds, 7d. '0 73d.: medium and coarse crossbreds, 6*d. to ?}d.; dead skins, 45d. to 51(1.; lambskins. SJd. to 61d.; green lambs, to Js. 2d.; green pelts, to 3s. 7d. Tallow: Firm. Parcels, in shipping order. £28. Tins. ,C2O to £23 155.; rough fat. £19. Horsehair. Is. to Is. B*d.; horns, ss. to 21s. per hundred; tails, is. Bd. Ncr dozen. Hides: Firm. Wo miotc:-Ox hides heavy, 7Jd. to 8?, d.-. ox hides medium, 6".d. to 7f;d.; ox hides light; 6!>d. to 7f,d.: cowhides. 6d. to 71d.; cut and rJiony hides, 21(1. to 61d.; stag and bull hides. sd. to 6;, d.; yearlings. 73d. to 91(1.; calf, best, Nld. to 113 d,; calf, medium. Bid. to 10d.: calf, cut end slippy. sJrl. to 83d.; horse hides heavy, 7s. 6d. to 9s. 9d.; horse hides light, ss. to 85. 3d.