THE HIDE SALES

New Zealand Times, Volume XLVI, Issue 10610, 8 June 1920, Page 10

THE HIDE SALES

A HEAVY DROP PRICES ERRATIC AND MUCH LOWER. Detailed reports to hand regarding U'o sale of hides at Wellington last wte» show that there was'a substantia! <liop in prices. Various firms report as under :—■ WAIEARAPA FORMERS’ CO.-OP. ASSOCIATION. Fortnightly sales of hides, calfskins, tallow, t i.i.. were hold. TUero " iu ’ ■* lull utieud,.ncc of buyers. lanucio wore present, but upeiiued vers- sparing!.., Compared with prices ruling at last »aie on Alav -Ist, there was a Heavy u.op. Ox hides. ail grades, were lower by cui, cow lower by Hd to SL. yearmig y mi kip lower by hid and caUsUius, all h; a ‘ u -'> were lower by from Hd to I' l - 1 - , l,llUl '' was higher by 3s per cwt Jor cash*. «“d da (id for tins. We quote: inocs: u.s, sound, 70lb and over, ltd to ICa; ox, sound, 39 lb to (itlib. H„d to tbsa ; ox, sound, 531 bto oolb, 12,3 to Ibid; ox, sound, 451 bto 321 b, Hid to 13]d; ox, sound, 331 bto 4-4rb. lid to 12td; ox, cut nud'-slippy, ad grades, Stu to loid; tow, sound, 43 lb and over, Uid to laid; cow, sound, 33rb to 441 b, 10d to UA'i; cow-, cub and slippy', all grades, oil to Uid; vearling and kip, sound, llib to 16. b, Ilia to 13d; yearling and Kip. I.lb to 32i b," liid to 13d; yearling and kip. cut and slippy, all grades, 4|d to ll]d; cmi. sound, Ist quality, muter «lb. 13d to 21ijd; calf, sound, Clb to 81b, 151-d to 21id; calf, sound, 91b to IQlb, Hid to 1 3d; calf, cut and slippy, 3d to Ifidj.bul!, stag, 4>d , tx> 10]; horse. 5s 3d to 335; tallow, in casks, 42s to (Ms (id; tallow, in tins, etc., 31s to 555; sundries, horse hair, 16d to 21d; horns, 13d. NEW ZEALAND LOAN AND MERCANTILE. There was the usual attendance of buyers. In sympathy with Australian and other markets, hides decline 1 from 2d to 3d per lb for sound, and from (id to Sd for damaged Calfskins also wort- much tower. Tallow was In fair demand at about last sale rates for shipping lots. Tins amt oda packages were irom 2s to ■ls per cwt lower. llides. —Ox, sound TOlb and over, 14d to irgrl; 591 bto G9lb, 14]-d to 16RI; 531 b to. 3Slb. 121 dto lti]d; 451 bto S2lb,ll:]d to 13]d; 331 b to 4-llb, lid to J2sd; ox. cut and slippy, all grades s]d to laid; cow, sound, -loib and over, ll;d ro lijd; 831 b to 441 b. Kid to 133 d; cow, cut and slippy, all grades GO. to lljjd;- yearling and kip. 111 b to IGlb, ll]d to 13 d; IT lb to 321 u. lOd to 13d; yearling and kip, cut and slippy, all grades -4]it to ll]d; calf, sound first quality, under 6lb, I3d to 2.1 Hd; lid. to 81b, 15Jd to 21 Id; 91b to KUb, 11yd to 13d; calf, cut and slippy, 3d to ICd. bull, stag 4]a to IDIUj horse, 3s 9d to 355. Tallow.—ln casks 42s to (Ms Cd,’ in tins etc 31s to 55». Sundries.—Horse hair ICd tc 2ld. horns 13d. LEVIN AND COMPANY. We held a sale of hides, tallow, etc. Hides. —Thera was the usual bench of exporters present, but Die. a (tendance of tanners w.xs very small, and prices wore very erratic. In .sympathy wiln the -vustraiiaiu market and practically no American demand, business was only possible at an all-round decline for all sorts. As compared with the values current at the sale held a fortnight ago, ox and cow hides showed a decline, ■ irresp.-c----tivo of weight and condition, of from 4d to 6d per lb, whilst kip and yearling wore from 4RI to 9sd .per lb lower. Calfskin?! wero from J2Jd to 16Jd per lb lower. ABRAHAM AND WILLIAMS. We offered a fair catalogue of all classes at the hide sale to a full bench) of buyers. Bidding was keen at a much lower range compared with last sales, on account of the adverse reports of overseas markets. bound hides showed a decline of 5d to 6d per lb, whilst damaged hides declined 6d to Su per lb and calfskins receded to the extent or Kid to ISd per lb. Tallow was firm, at late rates. MURRAY. ROBERTS AND CO. We submitted a catalogue of 2GOO hides and calfskins at our sale, the usual buyers attending. As was anticipated, a sharp decline took place, m sympathy with outside markets. The fall was most pronounced in inferior and slippy, grades, especilly light-weights and calfskins, which wero difficult of sale. Tallow was about on a par with | last sale. j DALGETY AND COMPANY.

Wo held our usual fortnightly sale, when wo offered a good catalogue of hides to the usual attendance ot buyers. When compared with the price's realised on May 21st, the drop in hides, and particularly calfskins, is very considerable; but in view of the gradual dec.reafo in prices which has been taking place in iother centres, the fall was no more than was anticipated by brokers. Competition was very dull, and prices for ox and cow hides declined from 5d to 7d ■per lb when compared with last sale’s rates. Yearlings declined 8d per lb, and calfskins from 12d to 14d. Tallow sold at rates on a par with those ruling at our last sale.