HIDE MARKETS.
PROSPECTS OF RECOVERY. Reviewing the hide market, Messrs W. Weddel and Company state that it is hot at all,certain that prices will fall away and remain on a lower scale; rather is it likely that a. reduction may ho quickly followed by a general renewed interest to bring about the required activity, and restore prices. 4-t present leather is so difficult to sell oh account Of lack of confidence in trade generally that tanners find it tjuitp impossible to cdiitinue buying raw hides for their future As soon as leather begins to move hides will :be wanted in largo quantities, because _in most countries,, there has boon conspicuously short purchasing for several months past. : , •;■ ■ ; . " In colohjal and miscellaneous hides, no trading of any.. - importance is reported. Quotations for Australian hides ate marked back slightly in order to encourage bidding, but buyers prefer to wait. • New Zealand prices are now unchanged.
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Bibliographic details
Manawatu Standard, Volume LVIII, Issue 77, 28 February 1938, Page 4
Word Count
152HIDE MARKETS. Manawatu Standard, Volume LVIII, Issue 77, 28 February 1938, Page 4
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