COMMERCIAL.

Taihape Daily Times, Volume 8, Issue 32, 8 February 1916, Page 8

COMMERCIAL.

HIDE AND SKIN REPORT.

Messrs Dalgety and Co., Limited, report having offered a catalogue of skins, hides and tallow at the fortnightly sale on Friday. As compared with last sale prices for skins showed an increase to 3d per lh, and quotations for tallow are firm at late rates. Owing to lack of competition for hides, on account of the recent embargo, prices were slightly easier. Range of prices was as follows: Sheepskins—Half-bred, 10M to 1M; fine crossbred, 13d; medium coarse crossbred, 101 d to 122 d; short to ~h wools, 6Sd to lOd; dead and damaged crossbred Shd to lid; inferior and badly damaged, Id to 6Hd; lambs, badly damaged, 6id to llgd; damp salted and green, 3/11 to 12/1; pelts, 1/3 to 4/3; lambs salted, 2/10 to 6/1. Hides—Ox, heavy, 10&d to lid—6/8; ox, medium, 10id to 11J; ox light, 9£d; cow, heavy, B§d to 9; cow, medium, SJd to 9£d! ccw, light, 9d to 9„d; cut, slippy and inferior, 6d to Bgd; bull, stag., s£d to 7|d; yearlings, 6d to 8d; calf, medium good, 8d to 10gd; calf damaged, 4d to 9j|d. Tallow —In casks, 23/- to 29/-; in tins, 23/- to 25/-. Sundries —Hcrse Lair, 10J to 16id; cow tails, 12d. Our next sale will be held on 18th February.

WOOL'S RECORD PRICES. Messrs Dalgety and Co. Ltd., advise having received the following cablegrams from their London Office as follows: Wool Sales —The sa'cs have closed very firm —competition was animated and prices as compared with the closing of December sales are —for

greasy, scoured and merinos 10 per csnt. clearer except wasty and greasy which are 5 per cent, dearer, good lambs 10 per cent, dearer while short and faulty are 5 per cent., greasy crossbred fine 7/5i per cent, medium crossbred 10 per cent., lambs 10 per cent., scoured slipe fine 71 per cent, dearer. The wool has been disposed of as follows: —For Home trade 96.000 bales were purchased, for the Ccmtinent 15,000 and for America 2,000 bales, 5,000 bales have been held over fcr the next series, 2,500 bales were net offered.

Tallow —Louden telegraphs under date 2nd instant that the market con. tinues idle at auction, 242 casks have been offered of which 57 have been sold —prices nominally unchanged.

ABSENCE OF EXCITEMENT IN ALMOST DANGEROUS BOOM. UNPARALLELED CONSUMPTION. LONDON, February 6. The most [remarkable feajture of the sales was the absence of excitement during the boom, which was almost dangerous. Prices have, however, been paid with' the fullest confidence. This is probably due to consumers being full of orders, and enjoying pood margins of profit. It is becoming increasingly evident thajt consumption of wool here is proceeding at an unparalleled rate.