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RAW MATERIALS

Some Improvement In Prices London, January 7. Un the Stock Exchange the gilt-edged market remains firm and fractionally higher. Commodities are mostly firmer. Sugar is steady. Wool, however, has relapsed, ami rubber is idle but steady. Xon-ferrons metals are firmer. By Telegraph.—Press Assn. —Copyright. (Received January 9, 6.30 p.m.) London, January 8. Friday’s closing prices for the following raw materials were as follows, those for December 31 being shown in parentheses: — Cotton: Liverpool quotation, good American middling, spot, 4.97 d. a lb. (4.84(1.4; February delivery. 4.81(1. per lb. (4.70(1.). ' Rubbe.r: Para, 7}d. a lb. (same) ; plantation smoked ribbed sheet. 7d. a ib. (6 7-Bd.). Jute: January-February shipment, Indian jute, Dundee quotation. £lB/14/4 J per ton (£lB/7/6). Copra: January-February shipment, sun-dried, South Sea to London or Rotterdam, £l2/15/- a ton (£l2/12/6) ; smoked, to Marseilles or Genoa, £l2/12/6 a ton (£l2/10/-) ; plantation, Rabaul to London or Rotterdam, £l3/12/6 a ton (£l3/10/-). Linseed oil: £3O/15/- a ton (£3O). Turpentine: 32/- a cwt. (31/9). The Associated Banks Mr. 'll P. Fotheringhaiu, inspector lor New Zealand of the Union Bank of Australia Ltd., has been elected chairman of the Associated Banks for the current year.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/DOM19380110.2.119.5

Bibliographic details

Dominion, Volume 31, Issue 89, 10 January 1938, Page 12

Word Count
192

RAW MATERIALS Dominion, Volume 31, Issue 89, 10 January 1938, Page 12

RAW MATERIALS Dominion, Volume 31, Issue 89, 10 January 1938, Page 12

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