COMMERCIAL

Taranaki Daily News, 30 November 1920, Page 2

COMMERCIAL

TEXTILE WAGES ADVANCED. By Telegraph.—Press Assn.—Copyright. London, Nov. 27. The Textile Industrial Council yesterday notified the payment or an advance of 20 per rent, in cost of Hying wages, BRITISH MARKETS. London, Nov. 27, Cotton.—December 11.07 d. Rubber.—Para .lSftd, plantation 13% d, smoked 12& d. Jute.—Weak; November-December £44. Hemp.—Slow, October-December £53. Copra.—November-January, £43 15s. Linseed Oil, £4O. Turpentine, 114s. New South Wales scrip is at 27s 6d discount. Cheese.—Very slow. Free Canadian spot v.hite 152s to 158s, colored ISGs to 162s Id ei,f. Rates very irregular, the November make is offering at about 1475. ADELAIDE WOOL SALES. Adelaide, Nov. 29. There was spiritless competition at the wool sales to-day . The market dropped 15 to 20 per cent.—Aus.-N.Z. Cable Assn. • AMERICAN WHEAT MARKET. New York, Nov. 27. According -to a Chicago message during the last three months grain jlrkies have steadily fallen, wteat dropping from 252 cents (10s 6d) per bushei to 129 cents (5s iW). Corn has fallen from 119 cents to 96 cents, and oats from 70 cents to 43 cents. Foreign interests have been buying heavily, taking advantage of the low figures. Several Kansas and Nebraska grain elevators or warehouses have failed as a result of the falling market—Aus.-N.Z. Cable Assn.