HIDE AND TALLOW SALES

Dominion, Volume 12, Issue 158, 29 March 1919, Page 10

HIDE AND TALLOW SALES

The fortntehtly sales, of hides and tallow were held yesterday by the various brokers. ,

Messrs. Dalgety and Co. report that competition was'dull, and was practically confined to the tanners. present, and all lines of hides were sold within the limits fixed' in the Government schedule. Calfskins were a trifle easier, whilst tallow was again in poor demand, as soapmakers are all fully -stocked, and were not keen to buy except at reduced rates. Messrs. Murray. Itoberts, and- Co. report that they offered a catalogue of 350/ hides. On account of the Government limitation of prices and export embargo, bidding was restricted primarily to-tan-ners,, who took practically all the sound lots bflered. at par with last sale rates, excepting calf, which declined sharply. There was rather more inquiry for tallow. The New Zealand Loan .and Mercantile Agency Company Ltd., state that bidding was not spirited for tallow and fat, but there was a good' demand for hides aud calfskins.

Messrs, Levin and Co. report:—"Wesubnutted a fair-sized catalogue of hides, which in some cases net with excited competition at Government fixed nrices. Calf showed a decline of about 2d. per lb. unon last sale's p'-ices, although some fetched the Government maximum prices. Tallow buyers showed liltlo disposition to operate, and whilst biddings were dull last sale's quotation* worn hard to mnintain, consequently the majority of offerings were withdrawn.' but we have since placed privately all lots at only a slight reduction on last sale's rulings."

The Wairarapa Farmers' Co-operative Association, Ltd., in which is ineorporated the United Farmers' Co-operative Association. Ltd., report that prices for the general run of hides were practically on a nar with last sale rates. Bidding for calfskins was not so brisk, and values of previous sales were not maintained. There were few buyers in the market for tallow, and many lots were passed in. Tho Nov/ Zealand Farmers' Co-ooeratlve Distributing Co., Ltd.. report a fairoflcrin? of hides and calfskins. The buying locked briskness, competition still being restricted owing to the Auction of export still being unsettled. Prices for hides were nncticallv on iar with ln«t. sale, if anything slitMly easier. Calfskins were from Id. to 2d. per lb. easier. Tallow was slightly better, but still In poor' demand.

Messrs. Abraham ?.nd Williams. Ltd.. submitted n, large catalogue to a. full l»--icl) r-F buyers. ' Bidding was keen for all good lines, but. prices were restricted 'n- the rce»ntiy-"ji"'!tt' , d Invornment. embargo on tho export of hides. The tsllnw market was very dull, and practically nothing was sold.

The range of prices was as under;— Hides- Ox. henvv. 601b. up. and ox. medium, 501b. to 591h.. lid. to 13d.; ox light, "Hi. and under, 10Jd. to 113 d.: cow, heavy, 551b. and over, and cow, medium. 421h. to 541b.. 9id. to 12d.; cow. licht. under 32Ui., lOd. to 10»d.: cut, slinpy, and inferior. sd. tn 10pd.; hull,'stag, GJd. Iq 9<1,: yearlings. 16lb. to Mb. 73d. to 123 d.: naif, superior, un to 1611).. 13d to ISM.; calf, medium to good, up to 161b.. 14d. to ISVI.; calf, dfiiifffd. "n to i',lb.. 6d. to 12Jd.

Tallow: Tn ca-i-«, ?'s. to 345.': in tins, etc., 16s. 6d. to 275. 6d.