HIDE AND TALLOW SALES

Dominion, Volume 12, Issue 263, 2 August 1919, Page 10

HIDE AND TALLOW SALES

HIGH PK-ICES FOE. HIDES. 'The fortnightly ailes of hides and tallow were held yesterday by the verious brokers. 'Messrs. Dalgety and Co, report that they offered a Eplcndid catalogue of over 800 hides to a very full attendance of buyers. Tanners selected very few lines at ■schedule-rates, and practically the whole catalogue was submitted to auction. Hero ell lines met with very keen competition from the various exporters present, and in sympathy with the Australian market all linos showed very heavy advances on , last sale'B rates. Medium and heavy, weight ox' advanced up to 5Jd. on last sale's rates, medium light cows up to S3u., and yearlings up to 4d. per lb, All other line 3 showed lesser advances. Practically all the prices realised are from 6d. to 7d. above schedule, rates, and the firm cleared' their whole catalogue at these most satisfactory prices, Again

/ no light calfskini) wero offered, but aro being still held for sale at a later date. Tallow wag again very firm, and prices were on a par with those ruling at last sala, Messrs. Lovin and Co. submitted a good selection of hides to a full bench of tanners and exporters. The majority of tho sound ox hides comprised m the catalogue wero selected by tanners at Government schedule (prices. Competition w»fi exceedingly keen and buyers operated very freely for all lots not selected by tanners, consequently the whole of the offer ings wero quitted. Super and medium cow sold at from 6d. to 7d., a-nd best ox at from sd. to 6d. per lb. above tho Gov. crnmcut schedule prices, -whilst inferior sorts and kips changed hands readily at an advance of from Id, to 3id per lb. upon last sale's rates. Shippers and local manufacturers competed freely tor tal low. The market was firm at prices about on a par with last sales rates. Messrs. Murray, Koberts and Co. _ report that their catalogue consisted inamly of light-weight hides, the owners; of heavyweight ox hides mostly preferring to hold rather than accept the low rates imposed by the -Government schedule The siue which was tho most successful ever held in Wellington, was characterised Dy the keenest bidding for all lots, at .a sharp advance on late prices. Superior cows reached'l93d.i light ox,' 20Jd.; yearlings and kips, per lb., while a few heavyweight ox hides reached up to 193 a. per lb. No calfskins were offered, aB the Board of Trade has failed to adjust tho Eohedulo of prices as oronns.-d. The firm add- that they secured the highest prices of tho sale in air grades o£ hides. Tallow'wos in keen request, at fully last The ' Wairarapa Farmers' Co-operative Association, Ltd., in which is incorporated the United Farmers' Co-operative Association, report that tanners selected their requirements under the Government scnedule, and the balance of the .catalogues was sold at high pnoes, showing an advance on tho previous sale of from 3d. to-sd. per lb. on all c asses of hides. Messrs. Abraham and Williams report that they offered a fair catalogue of all descriptions to a full bench of buyers, who competed very keenly fo- everything offered. 'Tanners as usual took the pest of the hides available at schedule prices, °4ioli are from sd. to 9d. per lb. unacr. the open market rates for similar qualTh'e New Zealand Farmers' Co-op. Distributing Co., "Ltd., roport that tanners took a few small line* »* U»,»«d 0^" crnment schedule. The bulk of the catalogue was, however, purchased for export. The market was very excited, and prices were several pence per lb, above the rate -fixed by the Government. All lots were Sed without difficulty, competition being very keen. Sound yearlings are selling at very extreme rates, as a glance at thf list of prices will show. As the Board of -Trade has.not yet revised ita.schedule of nrices for calfskins, the Wellington brokers are holding these from sale. Tallow was again n keen demand, and sold freely at the. high rates established at last auction. , ~„„„,. Thp ranire of nl'ices was as unuei:— HWe£SE 1«W. UP. 12\d- to'lMi: ox medium 50/59, 113 d. to 19d.; ox light, 49 and under. 15d. to 20Jd.; cow, heavy, 551b and over, 173 d.; cow. medium 42 to 64 14Sd. to 19ld:; cow, light, under. 42, 15 d. tn \«<i • cut, slippy and Interior, .BJd. o° 1 to 13Jd.; yearlings (161b. to 241b., lid. to 25it Tailow.-In casks, 585.; in tins, etc., 435. to 555. 6d.