COMMERCIAL NEWS.

Waikato Times, Volume 113, Issue 18947, 17 May 1933, Page 12

COMMERCIAL NEWS.

BETTER TONE ON MARKET

A better" tone prevailed in the market for hides at the fortnightly sale held by Auckland brokers yesterday. Buyers were fully represented and keen competition developed, with both exporters and local tanners showing activity. Practically all grades of hides advanced by about id to id per lb. Cow hides appreciated to the greater extent and the general average of prices is now about 2d above ruling rates last year. The bulk of hides exported appear to be going to Australia, which favours a light type. Dried sheepskins also firmed on late rates and tallow was £1 a ton higher for the best mixed.

Prices were: Hides. —Best ox, heavy, 4|d; medium and light, 4Ad; cow, heavy, medium and light, 4Ad; yearlings, medium, 52d;• light, 6d; calfskins, medium, 6Ad; light, s|d; cut and faulty, 2Ad to 4‘id. Dried Sheepskins. Three-quarter to full wool, sound, 3Jd to 43d; damaged and faulty, 2d to 2Jd; half wools, sound, 3d to 33d; damaged and faulty, 2id to 23d; bare to quarter wools, sound, 2Ad to 2fd; damaged and faulty, id to lid; lambskins, sound, 4d to 4Ad; damaged and faulty, 3|d to 4d. Salted Sheepskins. - Half wools, large, is fid to 2s 4d each; light and medium, is to is 6d; bare to quarter wools, 6d to lOd; lambskins, medium to large, Is 2d to is 6d; light and small, 8d to lOd; shorn, fid to Bd. Tallow.—rßest mixed, 15s per cwt.; second grade, 12s to 13s 6d; inferior, fis to 11s.

WHEAT QUOTATIONS.

United Press Assn.— Elec. TeL Conyrlglu (Received May 16, l-4o p.m.) LONDON, May . 15. Trading in wheat cargoes Is Inactive at three pence down. Parcels are unchanged, , Futures. London, Jurfe delivery, 22a 2d per quarter; September 22s 5Jd, December 23s lid,; Liverpool, May delivery os OAd per cental, July 5s lAd, October os 3 3-8 d; December 5i sd. _____