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WOOL, SKINS, TALLOW, ETC.

London, Septemher 20. The fifth series of colonial wool sales were opened to-day Competition was brisk, and prices ranged from par to 5 per cent, advance compared with the closing sales of last series. London, September 21. At the opening wool sales the joint catalogue of Messrs. Balme, Buxton, and De Croz comprised 12,399 bales of irregular selection, including 6931 bales from New Zealand. There was a large attendance, but no American buyers were present. There was keen competition, especially for home requirements. Merinos were 5 per cent, above July rates, crossbreds were unchanged, and fine occasionally resulted in Bellers' favour. The Bradford wool market is quiet. At the wool sales the Oreti clip brought B^d, and Otekaike 7-Jd. London, September 22. At the wool sales there is keen competition, especially for scoured merinos. The New Zealand Loan and Mercantile Agency Company (Limited) have received the following cable from their London office : — ' Wool : The sales opened at an average advance of about 5 per cent, on last sales' closing rates, except coarse crossbred, market easier. Competition by both Home and foreign buyers is active, and attendance good. The total quantity available including wool held over from last series, is 282,000 bales : 56,000 bales of which have been forwarded to manufacturing districts direct.' The National Mortgage and Agency Company are in receipt of a cable from their London office as follows : — ' Merino wool all descriptions, crossbred finest grades show advance of 5 per cent, on last sales' closing rates. Crossbred, low grades weak and not likely to improve ; show decline of 5 per cent, on last sales' closing rates.' London, September 25. At yesterday's wool sales only a poor selection was offered, chiefly inferior crossbreds. There were large withdrawals. The Waitangi and Waipara clips brought 6\d ; Sir John Hall's merino 9§d. Messrs. Edward Thomas and Co. report as follows :—: — Rabbitskins — The offerings at Monday's sales were very few, but one or two prime lots of does were offered and as high as 19d was given for a very select parcel. Otherwise prices remain unchanged. Sheepskins — Though the market is if anything a little easier good prices were ruling. Shipping merino and half-bred are most in demand and realise up to s\d. Crossbreds being up to l^d. Hair — Clean tail up to lid : average mixed, 13d. Hides — Supplies wanted and good prices offering. Messrs. Stronach Bros, and Morris report as follows :—: — Rabbitskins — Only medium-sized catalogues were offered on Monday, and prices remained firm. Quotations : Prime winter greys— does 18d to 19d ; mixed, 16£ dto 17d ; bucks, 16d to 16-^d ; blacks, 14d to 15Jd ; medium greys, 14d to 16d ; autumns, 9d to 13d ; summers, 5d to 8d ; suckers and runners, l^d to 5d per lb. Sheepskins — The market remains very firm, merinos and fine balf-breds especially being in good demand. Quotations : Best dry crossbreds and half-breds, 4s to 5s 6d ; medium, 2s 6d to 3s 9d ; inferior, Is 4d to 2s 3d ; best dry merinos, 3s 9d to 5s 3d ; medium, 2s 6d to 3s 6d ; inferior, Is to 2s 3d ; pelts, 3d to Is ; butchers' green crossbreds, 3s 3d to 4s 3d ; extra, up to 5s 2d.

Hides— Prime heavy ox, 3£d to 4d ; medium, 1 2£ dto3d j light and inferior, l£d to 2Jd per lb. ,' Tallow— Best rendered mutton, 14s to 15s'6d ; medium, 12a to 13s 6d ; inferior, 9s to 11s 6d ; rough fat, 8s 6d to 11s per cwt.

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Permanent link to this item

https://paperspast.natlib.govt.nz/periodicals/NZT18980929.2.26

Bibliographic details

New Zealand Tablet, Volume XXVI, Issue 21, 29 September 1898, Page 15

Word Count
574

WOOL, SKINS, TALLOW, ETC. New Zealand Tablet, Volume XXVI, Issue 21, 29 September 1898, Page 15

WOOL, SKINS, TALLOW, ETC. New Zealand Tablet, Volume XXVI, Issue 21, 29 September 1898, Page 15