LONDON MARKET

Sun (Auckland), Volume II, Issue 497, 29 October 1928, Page 12

LONDON MARKET

FROZEN MEAT AND WHEAT f fU lifted P.A. — By Telegraph — Copyright) 4 Australian and N.E. Press Association) LONDON, Saturday. Sheep.— Canterbury, light 7d, heavy 63d; North Island, light 6Jd. medium 63d, foeavy 6Jd; New Zealand ewes, 4Jd; Argentine, light 53d. Lamb?.—Canterbury, heavy 9Jd, seconds 9d; other light lOd, medium lOd; North Island, firsts 9|d, seconds 9d. Chilled Beef.—Argentine, fores 4|d, hinds 6Jd; others unchanged. Cotton, Rubber, Hemp, Etc. (Last week’s prices in parentheses.) Cotton.—November delivery, 10.02 d C10.33d) a lb. Rubber.—Para, lid (lid) a lb; plantation adn smoked, B*d (8Id) a lb. .Tute.—October - November shipments, '£32 2s 6d (£32) a ton. Copra.—November-December shipments, r £24 15s (October-November, £24 7s 6d) a ton. Linseed 0i1.—£29 15s (£29 15s) a ton. Turpentine.—43s 6d (42s 6d) a cwt. Wheat Cargoes are steadily held. Manitobas are occasionally higher in sympathy with increased freights, but demand is quieter owing to freer offerings of La Platas. Parcels are in small request at 3d advance. Liverpool futures: December, March, and May, 9s 3Jd a cental. MINING NEWS LUCKY SHOT.—The manager reports: 'The drive south on the main reef off the bottom of No. 2 winze has been advanced Bft. The reef is 3ft wide; both •wails are exposed. Nice strong colours and dabs of gold have been visible in the foot wall portion during the week. When boring the face to-day we holed through to No. 7 winze. lam starting two of the men on Monday to clean out the low , on the Waiotahi side of the hill. This lever will come under both winzes, *‘ v « considerable more backs, and thus simplify the future development of the mine.*’