COMMERCIAL.

Taranaki Daily News, 9 October 1922, Page 5

COMMERCIAL.

LONDON MARKETS. By Telegraph.—Press Assn.—Copyright. Received October 8, 5.5 p.m. London, Oct. T. Cotton.—Liverpool quotation, American midi dllng upland, November delivery 12d a pound. Rubber.—Fine hard para 10%d a pound; plantation first latex crepe B%d; smoked ribbed sheet B%d. Jute.—Native first marks, November shipment, £33 l!»s a ton. New Zealand Hemp.—October-December shipi inent, £33 10s a ton. Copra.—South Sea bagged, September-No-vember shipment, £22 7s 6d a ton. Linseed Oil.— £39 a ton, equal to 3s & gallon. Turpentine.—lo4s 6d a cwt., equal to 7t 10%d a gallon. LONDON MEAT PRICES Received October 8, 5.5 p.m. London, Oct. 7. Sheep.—Canterbury heavy 7d, North Island 7 l-Bd. Lambs.—Canterbury light 12%d, medium 12*4d, heavy lid; Southland 12 1-8 d; North Island selected 12 1 4 d, ordinary 12d. Frozen beef.—New Zealand fores 3 l-Bd, hinds 4 7-8 d; Australian fores 3%d, hinds 4%d: Argentine hinds 5%d. Chilled Beef.—Argentine hinds 5 3-Bd. Other meats unchanged. WOOL KEEPS UP. Received October 8, 5.5 p.m. London, Oct. 6. At. the Antwerp wool sales Australian wool continued to meet an anlunated demand, and prices remained five per cent, higher than tho last London closing rates. Twenty-one thousand bales were offered and twenty thousand sold. WHEAT CARGOES. Received October 8, 5.5 p.m. London, Oct. 6. Wheat cargoes are firmly held. Manitoba is quoted at sixpence to a shilling higher. Steamer parcels are firm and have advanced a shilling. Speculators were buying freely, but a reaction set in and prices closed sixpence higher.