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Otago Witness, Issue 2809, 15 January 1908, Page 24

HIDE SALES. SYDNEY, January 9

1 The. National .Mortgage and Agency Company of New Zealand. (Ltd.) report as follows:—On Thursday we submitted to the customary buyers a large catalogue of hides, every lot of which we sold at prices that, considering the state of the market, seemed very satisfactory. Prices all round show a S&a£sbto Orop, wMch in inferior qualities is most marked. Quotations:— Prime stout heavy ox; 6d to 7d; good heavy, 5d to 51d; mediumi do, 4d .to 4Jd; light, 3|d to 4d; inferior, fd to 2Jd; bsst heavy cow 4d to 4Jd; medium, 3£d to 4d; light, 32d to 3ld; inferior, Jd to 2*d; yearling, 2d to 4d; calfskins, Id to sid per lb. The New Zealand Loan and Mercantile Agency Company (Ltd.) report as foLows:— I Our first sale of hides for this year was held, at our stores on Friday. As this was the first sal© held since tlie end of November our catalogue was a large- -one, consisting principally of country consignments of medium and light weight hides. Owing to the fall in the Australian market very littie shipping business was done, and competition was confined principally to the local buyers. Prices for good heavy ox hides were equal to those ruling at the November sales, but light andi medium weight descriptions were easier to the extent of id to £d per lb. Quotations: Stout heavy ox, 6Jd to 7id; good, s£d to 6d'; medium), 4d to 4|d; light, Bid fo*32d; bast heavy cow, 4d to 4gd; i medium, 3Jd> to 4d; light, 3d to 3Jd; raferior froani Id; yearling, 2£d to 3|d per-lb. The Otago Farmers' Co-operative Association of New Zealand (Ltd.) report having held their first new year hide sale on the ' 9th inst. ab their stores, Crawford street, when they offered a catalogue of 570 hides and calfskins. There was the usual attendance of buyers, but prices compared with those of our last sale showed a decline of id to Id per lb. They quote as follows: Prime stout heavy ox, 6Jd ta 7Jd; good heavy, 5d to 6dj medium, 4d to 4Jd; extra good medium, to 5Jd; light; 3Jd to 4£d; inferior, 3d to 2d; best heavy cow hides, 4d to 4Jd; inferior, 3Jd to 4d; yearling, 2Jd .to 4d; calfskins. Id to s|d per lb; horse hides, to 9a 6d each. Messrs- Waters, Ritchie, and Co. Teport "' having heldl their usual fortnightly sale of ' hides at their stores, Crawford street, on Friday afternoon, when there was the usual attendance of buyers. ■ Competition for all lines of well-saved hides was particularly keen, but, as was to be expected, prices for light weights were easier, while cut and damaged were only saleable at very low rates. Medium and heavy-weights showed no altei'ationi from the previous sale. We. offered a. '-very largo catalogue, consist- . ing of 1216 hides, yearlings, and calfskins, and cleared the lot at full rates. Wa topped the market with two lots which braugbit 7jjd, and another lot M 7id per lb. The- following were some of our best returns-: Two lots at 7|d, one at 7Jd. two at 6gd, one at 6|d, six at 6|d, seven at 6Jd. two at 6gdj two at 61d, two at 6Jd, and three a/fc 6d per lb. In money value our top price was £2 15a 7d for ox. We quote: Heavy stout or, 6d to 7gd; heavy, sid to s§d; medium., 4|d to 5Jd; light, 3gd to fid; heavy oow, 4Jd to fid; medium and light, 3Jd to 4Jd; inferior and damaged ox and cow, frord Id to BJd; yearling, 3d to 3?d; calfskins, 5d to Bid for best and from ljd to 4Jd per lb for medium and inferior.

There is c better inquiry for hides. AH catalogues were cleared in sellers' favour. Messrs Stromach, Morris, and Co. (Ltd.) report as follows:—We held our first hide Bale for 1908 on Thursday, 9th inst., when we Bubmitted. to an average attendance of 'buyers ,» catalogue totalling 807. Owing to. the unfavourable conditions .which still prevail in jSkU-stralia, competition by shippers was not Seen, and the bulk of our catalogue was sola itaithe local tanners. Values compared with our last sale showed a further decline in light end medium) weights of fully Jd to |d per 3b, but stout ox hides were well competed for on a par with last quotations. Included dn our catalogue were some good heavy hides, one_ of which", weighing 721b, brought the satisfactory price of 7£d. We also sold 66' a from' "6|d to 6gd, 65's at 6id, and 62*s at 6d. -In cow hides our top price was 4gd, paid j£or two weighing 641b. In money value our top price for ox waa £2 Is Id, and for cow bides* £1 Is 113. The- fallowing ere actual prices paid at our saSs:- 'Prime stout neavy ox hides-, 15Jd- to 7Jd ~;^ good iheavy, s£d to 6d; ''medium weight, 4d to 4Jd; extra good medium weights; to^-Sid; light weight, 3|d to 4Jd; inferior, Id to 2Jd; best heavy- cow hides, 4d to-4Xdi; 'me&urri^weight, 3id to 4d"; light, 3Jd to 4d; inferior, Jd to 2Jd; yearling, 2d to 4cf> calfskins,- Id to s|d per lb; horse hides*, to 8s each. Messrs Donald Reia and ,Co. ■ (Ltd.) report as follows:—"Our first sal© of hides ftsr ■the new. year was held on Thursday at our stores, Cumberland and Vogel streets. As txo hide sales had been held since November E8 w© hadva very 4arge catalogue to offer consisting chiefly of our country consignments' of medium and lightweight bides. Reports-to hand from fhe Australian markets being xather unfavourable caused the demand'-for shipping to ba very weak, and consequently the competition was confined chiefly to local tanners who were able to fill their requirements of light and medium weight hides at » reduction of Jd -to gd per lb as compared with the sale? held in November. For stout sound heavy hides scaling up to 60lb and over there- wag good competition, .and prices on this class are well maintained. Yearlings and 1 calfskins »lso met Ixrisk competition, and prices realised) for these were quite^ on a 'par -with those' lately ruling. Quotations: Stout heavy or, 6Jd to 7jfcd per lb; good heavy do, 5Jd to 6d; medium , ■weights, 4d to 4iS; light do, 3£d to 3id;' best feeavy cow, 465 to 4|d; medium weights-, 3Jd to 4d; light do, 3d to 3£d; inferior do, 334 to 4Jd; yearlings, 2Jd -to 3|d; calfskins, sld to S^d; do cut, Jd to Id; horse- hides, to 8a 6d •fcach. Messrs A. Moritzson ancl Co. report as follows:—"We held our usual fortnightly sale nl hides to-day, to a full attendar(ce> of 'buyers. There was a decrease of Id per lb ipn heavy, medium, and light hides, also on Anterior and slipy hides. We quote: Heavy Ttout ox," 5d to 6d; heavy ox 4d to sd; medium and light, from 3d to 4d; bulls' and ntags', up to 2|d; heavy cow, 3d to 4d; (toedium and light, 3d to 3|d; inferior hides, vrom Id to 3d; calfskins, from 2d up to SM; horse hides, u» to Ua^ yearlings, up to