HIDES AND WOOL
AN UNPROMISING MARKET.
One of the largest of American hide, pelt, and; wool houses in New York, writing to friends here, states : "To illustrate the decline in the values of salted hides, it will suffice that we tell you that for heavy steers, sold by us at tha latter part of last year at 48 cents (2s) per pound, as low as 21 to 22 cents (IOJd to lid) has recently (end of August) been paid. Salted calf skins have dropped to a point wherel the minus difference is about 6.75 dollars per piece, or equal to 4s 2d per pound down. "We were to-day offered Lincoln semi-washed wool free from burr, estimates to yield 75 per cent., at 20jj- cents to 13^ cents per pound c. and f: New York for shipment from Buenos Ayres, but we could not interest anybody in it. We did not buy. .' This description of wool is similar to your crossbred staple for which, unless the market improves, we think you will no doubt be obliged to accept very low prices in the event of sale.
" Most commodities of prime necessity are similarly affected."
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https://paperspast.natlib.govt.nz/newspapers/EP19201006.2.69
Bibliographic details
Evening Post, Volume C, Issue 84, 6 October 1920, Page 8
Word Count
193HIDES AND WOOL Evening Post, Volume C, Issue 84, 6 October 1920, Page 8
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