COMMERCIAL

Taihape Daily Times, Volume XII, Issue 3636, 24 November 1920, Page 5

COMMERCIAL

LONDON WOOL MARKET. Dalgjety and Company Limited report having received the following cablegram from their London office, date of 20th instant: “Wool sales closed with little animation and hesitating demand from Home trade. Continental buyers are buying move freely. Very few American orders are ill the market. 90,000 bales were offered and 38 to 40 per cent. sold. As compared with last salesf closing rates Merino wools super 5 per cent, to 10 per cent, lower,' Merino wools of othjer descriptions 20 per cent, lower, crossbred, . fine and medium quality, 25 per cent, .lower, crossbred wools, coarse, neglected, and slip® crossbred wools 25 pier cent, lower.

WOOL, SKINS AND HIDES.

Dalgety & Co. Ltd., report having, held their first sale of sheepskins since the Commandeer yesterday",’ when a hjehvy offering was put forward to a full bench of buyers. As we ex« pected, prices, in sympathy with pre--sent state of wool market, were very low but. ssellers evidently had decided to meet the fall and very few lots' were passed in. Christchurch . and Dannevirke sales had been held prjevious to Wellington and'locdl brokers had to take their line of valuation from results of these two saljes, and there was very little difference in the range of prices. Realisations on butchers skibs under present sale prices wren 1 compaed with' Commandeer rates show a tremendous depreciation, i The fall on full woolled skins ranging j from 100 to 150 per cent, and this , must have a diepressisg effect on local fat stock markets for any sheep of- | fered in the „ wool. It would appear ; that prices have about touched bed- ! rock but at the moment there is no j indication that rates will appreciate©-, for sometime to come. Any skins carrying seed were poorly compieted for. and the same remarks apply to damaged and stale pelted. Herje,'under we give- statement of Commandeer ; rates for a few principal grades a£ compaed • With prices now ruling under auction conditions. Respective and Commandeer November auction prices. Crossbred Sal tied: Pine full woolled 16/ to,-17/6—6/6 to 7/1; medium full, [ woolled’ 14/ to 15/6 —4/6 to 5/9, threequarter woolled 12/ to 13/ 3/6 to 4/6. . A Dry Skins; 12|d to 13d—5|d to 6£dt medium crossbred Hid to 12d—4d id s|d; coarse crossbred lid to Hid —■ 4d to sd; dead (good) B|d to 9id—3d I to 4|d.

Hides:' Medium catalogues wjere put forward and for heavy ox ana calf wore slightly firmer, other sorts showed no change from last sale rates. We, quote: Sheepskins: Sheepskins: Half bred , 4|d .to 6£d; dead and damaged crosssbrecl 2d to 4Jd; fine crossbred 5d to 6|*d; inferior and badly damaged Id to' d; ipedium coarse crossbrjed 4d to ~ hid; damp, salted apd green 1/8 to 7/1; pelts lid. to 3d ; , to half wools l|d to 4dp pelts salted 1/7- to 2/1; lambs -lid to.s|d; lambs salted fid to 2/3.. Hides: Ox h;eavy 591bs and over 7 3-8 d to 13d; ox medium 30ibs to 58 lbs 8 5-8 d to 9 7-8 d; ox light 49 lbs and under 7Jd to 8 1-Sd; cow heavy 551bs and over 9|d; cow medium 42 libs to 541bs 7d to 9 5-8 d; cow ligk 42 ; lbs and under 6 7-8 d; cut slippy and ! in|erior 3 5-8 d to 7 7-8 d: dull stag id;' j yearlings lllbs to 32 , !> - G l-8d to Hid; calf superior up .to lOlbs 8d to 7 7-8 d; calf medium good 7d to 17 l-8d; calf damaged Id to 12id. j Tallow: In casks 30/ cwt; in tins, | etc,. 36/ to 32/6. "* 1 Sundries; Horsehair Hid ! Next Sheepskins, H»de and Tallow | Sale 2nd December, 1920. _ , I First Wool Sale 20th December, * 11920. j Bag "Wool sale, date to be fixed.