Hey Beeza and Beaverslayer, small world this internet isn't it?
OK, as for my question, some research has lead me to the book by David W. Morgan titled "Braiding Fine Leather". In the book on page 17, Mr. Morgan states "For course braided work, Latigo (or redhide as it is known in Australia) is generally satisfactory ......"
Seems I had the answer right under my nose all along. Thanks for the responses.