COMMERCIAL

Evening Star, Issue 18094, 9 October 1922, Page 8

COMMERCIAL

Press Afflwolßtfoo—By Telegraph-Copyright, THE HOME MARKETS. • LONDON, Ooteber 6. Sheep.—Canterbury, heavy, 7d; .North Island, 7-jjd and 7|d. Lambs. —Canterbury, light 12IJ, medium 12id, heavy lid; Southland, 12^d; North Island, selected 12£d, ordinary 12d. Frozen Beef.—‘New Zealand, fores 3gd, 1 hinds 4|d; Australian, fores s|d, hinds I 4Jdl; Argentine hinds, s|d; chilled Argentine hinds, 6|d; other meats unchanged. Colton.—Liverpool quotation, American middling upland, November delivery, Is per lb. Rubber.—Fine hard, para, 10Jd per lb; , plantation, first latex crepe, B|d; smoked ribbed sheet,_ B|d. Jute.—Native first marks, November shipment, £33 13s per ton. Now Zealand hemp, Octoher-December shipment, £35 10a per ton. Copra.—South Sea, bagged, SeplomberNovember shipment, £22 7s fid per ton.Linseed oil, £39 per ton, equal to 3s lid'per gallon. Turpentine, 104 s fid per cwt, equal to 7s 10|d per gallon, . Wheat cargoes are firmly held. Manitoba is quoted at fid to Is higher. Steamer parcels are firm, and advanced Is, speculators buying freely; but a reaction set-in, and prices closed fid higher.—A. and N.Z. Cable. ANTWERP WOOL SALES. LONDON, October 6. At the Antwerp wool sales Australian wool continued to meet an animated demand, and prices remained 5 per cent, higher than last London closing rates; 21,000 bales were offered and 20,000 sold. -A. and N.Z. Cable. FARMERS’ CO-OPERATIVE ASSOCIATION. Although the New Zealand Farmers Co-operative Association of Canterbury, Ltd., has made a loss of over £122,000 on its trading operations for the year, and can pav no dividend on ordinary slimes, tho annual meeting at Christchurch on Saturday was gay rather than _ gloomv, and the members heartily _ complied with a call for cheers for tho directors. Tho directors’ report and statement of accounts were adopted without dissent, and a vote of thanks to the directorate and officials was tarried by acclamation. In tlie course of tho meeting a number of shareholders spoke in high praise ot the service -which the association had given to the farmers by offering them liberal help throughout the slump and too succeeding financial stringency, fceveia, shareholders declared that' the association had fuliv justified its existence in the past year, and that the payment of a dividend was a secondary matter. . The manager (Mr Jamieson) _ said the association had made losses by giving men chances; but these men would bo able, to pay 20s in, the £ in a couple of years time.