VALUE OF HIDES

Gisborne Herald, Volume LXVI, Issue 20097, 17 November 1939, Page 12

VALUE OF HIDES

DOMINION SUPPLIES MEETING SHORTAGE EXPORT RESTRICTION FIXING OF PRICES (Per Press Association.) WELLINGTON, this day. The schedule of prices to be paid for hides for domestic consumption was announced yesterday by the Minister of Supply, the Hon. D. G. Sullivan.

He said that to ensure adequate supplies of hides for New Zealand requirements in view of the seasonal shortage which had been accentuated by smaller production during the last few months, he had called a conference of representatives of tanning, freezing and export interests to review the existing conditions.

After considerable investigation of the position, said Mr. Sullivan, it was decided that New Zealand tanners should have first call on the production of hides required for domestic consumption and prices were fixed as being the prices current at September 1 in accordance with the price-stabilisation regulations. Owners of hides were required to offer their holdings to tanners til these prices immediately. The decisions of the conference and the schedule of prices and conditions of sale were as follows: —

(I) It was agreed to treat salted hide as the tanner’s source of supply. the tanner to have first call on ali salted hides at September 1 prices, the hides to be in conformity with New Zealand standard specification, both as regards treatment and grading, the intention being that no hides shall be sold by exporters or shipped from New Zealand till a certificate has been given by the tanners' committee that they are not required by New Zealand tanners.

(2) It is understood that this arrangement shall apply till the terms of any possible purchase on behalf of the United Kingdom Government are known when some new arrangement shall be discussed.

(3) It is agreed that the following prices are the assessment of the September 1 prices in accordance with the provisions of the pricestabilisation regulations and which from the basis of this temporary agreement:—

Freezer Hides: Freezer ox, cow. bull and yearling hides to be on the basis of the prices ruling on September 1 for the particular brand on similar get-up or quality Other than freezer hides: Ox hides. Abattoir standard.

Yearlings, Farmers' Standard: At valuation on September 1 basis. Bull Hides: On September 1 basis. Calfskins: At valuation on September 1 basis. . All the above prices are loose on the floor at Auckland, Wellington, Christchurch and Dunedin. Prices at other centres are 'd per lb lower.

Weight of First Grade Second Grade Hides per lb. dot lb. d. d. 70s up 7 50 to 09 .. 0.1 5.3 53 to 58 .. G> 53 45 to 52 .. 5:! 5.‘ Under 45 53 5.1 Ox Hides. Country Butcher Standard. 70s up .. G1 G 739 to GO . . 6 5.1 53 to 58 . . 5:| 5.1 45 to 52 .. 5?. 5 Under 45 51 5 Ox Hides. Farmers’ Standard: At valuation on September 1 basis. Cow Hides, All Weights 1st. 2nd. 3rd. Grade Grade Grade Abattoir Standard .. 53 5.1 - Country Butcher .. 51 5 —• Farmers •• 5 41 4 Yearlings, Abattoir Standard First grade Second Grade per lb. per lb. d. d. 25 to 30 lb G\ 5.1 17 to 24 lb. 7J 7 Up to 1G lb. 83 'll Yearlings. Country Butcher Standard 25 to 30 lb. 51 5 17 to 24 lb. G 5 4 l 9 to 1G lb. G.| 53