RABBITSKIN SALES.

Evening Post, Volume CIX, Issue 133, 9 June 1930, Page 11

RABBITSKIN SALES.

Messrs. Dalgety and Co., Ltd., and ike JSew Zealand Loan and Mercantile Agency Co., Ltd., report on the third Wellinoton sale' of rabbitskins:—Offerings comprised mainly summers, springs, and autumns, with a fair proportion of winter grades. Reports of recent London sales have been disappointing, there bcinc a poor demand with heavy withdrawals. The market showed a drop of from 5 per cent, to 25 per. cent., and this was reflected at the Wellington sale. There are very large stocks of skins still unsold iv London, and until these are disposed of any improvement hi- the market cannot be looked for. Buyers at the Wellington sale to-day did not feel inclined to purchase any quantity, and to make sales it was necessary to sell at lower rates than the May sale. The following is \thts range of prices: Runnel's and suckers, to lOd; summers, 7%d to lOd; light racks, lS%d to, lSd; prime racks, to 16% d; dawny autumns, 16% d to 16% d; early autumns, 15d to 19% d; late autumns, 16&<i to 2-lI,id; autumns, to 20% d; inc. vruiters, 23% dto 29d; early winters, 31d to S4%d; spotted -.yinters, 17Hd to 21% d. Winter grades did not realise our ideas of values and were passed. We purpo«« offering these at tlu July sale. Messrs. Dalgety and Company, Limited, report having received a cable from their head ofliee, giving a range of prices on the sales recently held in London. The March rates are given in parentheses as a comparison:—Full winters, medium and stout pelts, 60d to 71a (BCd to S4d); second and late winters (stout pelts), 40% dto 40d (35d to 50d); early winter and first incoming, 5Sd to 60d (COd to 76d); lat« autumn, 47d to 48d (45d to 51d); early autumn, 34d to 40d (3434 dto 36>,id); Outgoing and springs, 2od to 34d (27% dto 40d); autumn racks, 25d (30d); light.racks, 23d (34d); spring and summer racks (thin arid/or medium and stout pelts), 18d to 21d (20d to 24d); inferior and damaged (fair to good), 23d to 31Vsd (29% dto 38d); inferior and damaged (medium to poor), 14Hd to 18d (18d to 25d); milky (fair to good), 30d; milky (medium to poor), 16% d to 21% d (22% dto 28d); kittens and suckers, 8d to 9d; black and silver grey (furriers), 40d to 48d; black and pilver grey (spring, autumn, and summers), 18d to 25d; fawns, 67d to 81d.