HIDES AND LEATHER.

Auckland Star, Volume LXVII, Issue 149, 25 June 1936, Page 4

HIDES AND LEATHER.

Of the world markets in hides and leather, Messrs. W. Weddel and Co. (London) wrote on May 14: — From day to day tin's market has been Showing an unsettled tendency, but ilways rather on the easy side, and now ;he Americans have succeeded in getting :hree packs of Argentine frigorifico ox lides in the Plate at 70 pesos, or say, ;y 2 d. c.i.f., s.w. Naturally, it has caused i mild sensation since, tlio last price reported at the ]'late was 72 pesos, but on :he other hand it is important to note ,he re-entry of the United States into the 3.A. market. This probably follows on ;hc distinctly better tone in United States packers, sales of which are taking ilaee on a larger scale. All miscellaneous and colonial varieties lave been marked down. New Zealand j reezer cows have been sold at oVid, and j ibattoirs are nominally at 4%d. The leather market remains exceptionilly firm considering the unsettled state if the hide market, and in no case has n important concession in price been i nade by sellers. Good class heavy-weight [ >ends, being scarce, are very firm. Offal j s also selling at satisfactory figures, specially shoulders. Upper leather. Ithough rather quieter, continues to hold , steady position; the special interest lisplayed being for suedes.