COMMERCIAL

Evening Star, Issue 19725, 28 November 1927, Page 10

COMMERCIAL

*■ ■ ■■ —' COTTON, RUBBER, ETC. Tress Association—By Telegraph—Copyright. LONDON, November 20. Cotton.—December, IO.GOd per lb. Rubber.—Para, 17d; plantation smoked, 19.p1. Jute.—Novombcr-Dcccmber, £3O ss. Hemp.—January-March, £33 15s. Copra.—Novcmbcr-December, £2O 12s 6d. Linseed oil, £29s 10s. Turpentine, 35s 3d. THE MEAT MARKET. LONDON, November 20. Sheep.-—Canterbury, light, CRI; North Island, heavy, 5.1 d; Argentine, first, seconds, and ewes, all 4pl. Lambs.—Canterbury: Heavy, none offering; seconds, BJd. Other selcctcds, none offering. North Island seconds, Sid; Australian firsts, Victorian, Dd; other States, 8Rl; seconds, Victorian, 7|d; other States, TRI; thirds, Old. Argentine: Firsts, light, 7-fd; medium, 7d; seconds, 6|d. Frozen • Beef.—New Zealand fores, 3|-d; Australian crops, 4d; chilled Argentine fores, 4Jd; hinds, 6RI. Others wore unchanged. THE' COMMONWEALTH LOAN. LONDON, November 25. The lisl-s of the Commonwealth loan have closed nominally. No announcement has been made, but it is understood that the underwriters arc saddled with a substantial proportion, PRICE OF GOLD. LONDON, November 25. Fine gold is quoted at £1 4s Hid per ozi. ■ PANE, GOULD, GUINNESS, LTD. A Christchurch message slates that, the annual report of the directors of Pyne, Gould, Guinness, Ltd. adopted by the shareholders stated that, alter the year’s working and making provision for various contingencies, there was a net balance of £15,665. Out of this sum. the following appropriations were recommendedTo land and income tax reserve, £1,000; to general reserve (which will then stand at £30,000),' £10,000; declaration of. final dividend on ordinary share capital of 2'r percent., making a total dividend for the year of 5 per cent., £2,500; and to carry, forward the balance of £2,168. LONDON MARKETS. Tho Otago Farmers’ Co-op. Association, Ltd., has received tho .allowing cable from London;—“Butter market quiet;.slow demand causing some weaknrs 'at 1 ; .present/ pried, ' New 173 s to ■ 3765; " cheese. steadier, 99s to 100 s. Lambs slower, duo to presentquantities of plain Australian.. Mutton unchanged.”