IMPROVING MARKETS

Evening Post, Volume CXI, Issue 151, 29 June 1931, Page 12

IMPROVING MARKETS

LONDON, 27th June.

Friday's closing prices for the following raw materials' were as follow, those for 39th June bkng given in parentheses:— Cotton. —Liverpool quotation, American middling, July delivery, 5.39 d per lb .(4.62d).-, -

The-course of the raw cotton market possesses ' some interest for ■ those connected with the raw wool industry, for the prices of both materials move more or lees in sympathy.. The prices of American middling.upland cotton.in Liverpool for forward- delivery a month ahead have been moving this year as' follows: 3rd January, 5.17 d per 1b; 31st January, 5.53 d; 28th February, 5.90 d; 7th March, 5.99 d; 14th March, 5.89 d;' 21st, March, ~5.83 d;,. 29th March; 5.73 d; and 6tk June it'was down to 4.66 d per lb. • Eubber.—Para, 4%d per lb (4 l-8d); plantation smoked, SVii per lb (3d). ■ Jute.—June-July shipment, £10 2s 6d per ton (unchanged). Copra.—July shipment, South Sea, £11 Jos per ton (£lO 15s); plantation, Kabaul, J£ll 17s 6d per ton (£ll 2s 6d). Linseed Oil.—£lß per ton (£l6). ■ Turpentine.—47s per cwt (unchanged).

Beet. Siigar.-7-July delivery, 6s 4%d per CWt. ' ; r ■-■..'

1 Osmiridium.—The market is hardening. Tasmanian, £10 to £12 per ounce; South Africa, £12. •