PRICE OF HIDES

Dominion, Volume 12, Issue 174, 17 April 1919, Page 10

PRICE OF HIDES

I 1 , /. :% SCHEME 'AGREED UPON. '• , .TheVHon. ..W.\ D. S.. Mac Donald, Pre- '; *iden,t, of,,the Board of Trade, made a :. statement to-a reporter yesterday as to ;■ tho outcome of .the cdnforeilce held last : i'riday with, reference to the embargo !' ' placqd :on the. export of hides for the ■ purpose of assuring supplies to local tan- ; aors." Tho conference comprised repre- !•■ eontatiyes of the Board of Trade, and of i, brokers, freezing companies, producers, ! itanners, and boot manufacturers. Tho difficulties were narrowed down at the

[ second meeting to—(1) Tho necessity of i allowing freezing companies to export a ' portion of the hides bought prior to ;. ■March- 6. (2) -The- -difficulty of dealing i ,n ; itli hides! offered "at ■■auction. ■ It was ;, estimated that if;,th,e .freezing companies werei allowed tho Tight to export approxif inately • 20,'(IOO Jiides no other difficulty i woula be raised in .making all the balI ance. available for use in New Zealand. , ! 'A sub-committee was set up to work out : • an equitable allocation of approximately ] 20,000 hides among.the various companies, ; the tenners undertaking to free the qnan- ! iity.so ascertained for export. I tVith respect to the second difficulty. the conference decided to v recommend ': that the Order-in-Conncil be amended— : (a), That ox hides offered at auction in : the following grades and. at the .following ■■ prices, and not purchased by tanners, \ shall be"deemed to have been refused in •■■ euch circumstances as to show that the ; goods are not required for local, purchase nb those prices:—Superior, 3344, Hid:: . -45-52,113 d.; 53-58,12}; 59-G9, 131(1.; 70 and ■, ever, lid. (all f.0.b.); Ist grade, Id. less; ' -2nd grade, lJd. less; fb) that cowhides'of- • fered at auction in the following grades: ' 33-39, 40-49, 49 and over, and not purchas- : ed at the prices fixed in the schedule of I the regulation, shall bo deemed t'o have. ; ieen refused. ■• ■ • •. .

I The conference expressed the opinion ; • -that if these suggestions were given effect j to "the splieme would work smoothly, the j .'(producers' representatives objected in toto !lo any limitation,of prices. : . i I The Board of-Trade recommended tho i adoption of the conference proposals and i "1116 Minister - has approved.