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SKINS CHEAPER

FALL AT LOCAL SALE

NO JAPANESE BUYING

Wellington woolbrokers held their usual fortnightly sale of sheepskins, hides, tallow, and sundries before the usual bench of buyers yesterday.

Dalgety and Co., Ltd., report:—ln sympathy with the wool market and with a further decline in overseas prices, exporters were operating at greatly-reduced limits at the sheepskins sale, values declining 2£d to 3Jd. We passed a fair percentage of our catalogue as prices bid were below our ideas of values. There was only a small offering of salted skins and these showed a corresponding decrease.

Exporters of hides were bidding freely for all weights and descriptions, and we made a good clearance at auction with the exception of calfskins. As compared with late quotations, heavies sold on a par, while lightweights were l-8d to %d lower. Yearlings sold exceptionally well at an advance of id to Jd. Kips and calf met a weaker market, the former declining id and the latter Id to ljd. Calf weighing l-51b sold to U' 2 d, 6-81b to Hid, 9-101b to lljd. The tallow market is extremely dull and values declined Is 6d to 2s cwt. At the recent London auctions the market was lifeless, all the offering being passed. Another factor in the weakening of prices is_ the absence of the Japanese competition. Murray Roberts and Co., Ltd.', report that they offered an attractive catalogue of hides, but a rather disappointing selection of sheepskins. The latter throughout experienced a very depressed demand with poor competition resulting in a drop of 2d to 2£d, and a consequent heavy passing. Hides, however, met a more favourable market and although competition was not very keen, prices were for the most part firm. Light and heavy ox sold at par, while medium weights were cheaper by 4d. Light and heavy cow eased a shade but medium weights appreciated jd. The heavier styles of calf and light yearling improved by up to Id. but light calf were cheaper by a similar amount. Tallow was firm. The range of prices is quoted below:—

Dry Sheepskins.—Halfbred, lOd to 13d a lb; fine crossbred, lid to 13Jd; medium, lOd to 123 d; coarse, 12Jd; half-wools, 9Jd to 12Jd; quarter-wools, 7d to lOd; pelts, 4Jd to Bjd. Hides.—Ox, 331b to 441b 6Jd to 8d a lb, 45-52 5Jd to 9d, 53-59 7£d to 9 3-8 d 60-69 Bid to 9 3-Bd, 701b and over Bsd to 9 3-8 d; cow, 33-39 63d to 7 7-Bd, 40-48 63 d to 8 3-Bd, 491b and over 63d to Bid; kip, 25-32 4Jd to BJd, 17-24 7 l-8d to 9 l-8d; yearling, 11-16 Hid to 14J,d; calf, 9-10 8 l-8d to ll|d, 6-8 10 5-8 dto 14|d, 1-5 9£d to 14£ d. Tallow.—ln casks, etc., 19s to 21s 6d a cwt; in tins, 12s to 15s 9d. Sundries. —Cow tails, 6d to 12Jd a dozen; horse hair, 23d to 24id a.lb.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19370918.2.146

Bibliographic details

Evening Post, Volume CXXIV, Issue 69, 18 September 1937, Page 14

Word Count
485

SKINS CHEAPER Evening Post, Volume CXXIV, Issue 69, 18 September 1937, Page 14

SKINS CHEAPER Evening Post, Volume CXXIV, Issue 69, 18 September 1937, Page 14