WOOL

New Zealand Tablet, Volume XXXV, Issue 21, 23 May 1907, Page 17

WOOL

Wellington, May 18.— The Department of Industries and Commerce has received the following cable from the "High Commissioner, dated London, May 17 :— ' Th© wool sales have closed, and the market remains firm. The consumption is good, on account of the brisk trade experienced, and prospects are favorable. Estimated values are as follows :— Fine crossbreds, all grades, Is 2d to Is 4d per Ib ; medium, ll^d to Is l^d ; coarse, lOd to Is 0-|d ,; superior merino, Is to Is 2d per It ; medium,- lid to Is Id ; inferior, 8d to 10id.' Messrs; Stronach, Morris, and Co. report :— RajbSbitsMns.— We held our weekly sals yesterday, (Monday), when the demand was good, and there was Keen competition. Prices advanced^fiom to Id per Ib. We sold early winters to 16d, autumns to 15d and spring Bucks to 13d. As the skins- get -better the competition is k'leener, and we anticipate a further rise. Horse Hair, made from Kid to 19d. Sheepskins.— We offered a fairly large catalogue today. Prices for well-saved bred skins were from £d to I'd better than last week's quotations. Merinos and pelts were hardly so good. We sold a line of halfbreds as high as lid per ft. Fair average skins bringing from Pd to Q|d. Hides.— -We held our fortnightly sale on Thursday last, when we submitted a fair catalogue. Taking prices all round, they were much on a par with our last quotations, although there was not much difference either way. Tallow and Fat. — There is not much coming forward, and the demand being very keen, consignments are easdly quitted. Best rendered tallow, 22s f«d to 26s per cwt ; medium to .good, 18s to 21s : inferior, 15s to 17s fid_; prime caul fat, 16s fd to 18s ; rough fat; from 12s to 16s 6d.