RAW MATERIALS.

Manawatu Standard, Volume LIX, Issue 99, 27 March 1939, Page 5

RAW MATERIALS.

LONDON, March 25. Friday's closing prices for raw materials were as, follow, those for March 17 being shown in parentheses;— Cotton.—Liverpool quota! icri, good American middling, spot, 5.16 d a lb (5.27 d) ; April delivery. 4.76 d a lb (4.39 d). Rubber.—Para, 7gd lb (same) ; plantation smoked ribbed sheet. 3 l-16d a lb (same).

Jute. —March-April shipment. Indian jute. Dundee quotation, £23 10s a ton (£22 18s 9d).

Copra.—April-May shipment, sun-dried South Sea. to London or Rotterdam, '£9 17s 6d a lon (same) ; smoked. Marseilles or Genoa.. £9 15s a ton (same); p'antation, Rabaul, to London or Rotterdam, £1017? 6d a ton (same). Linseed 0i1.—£26 15s a ton f£26 10s). 'Turpentine.—sss 3d a cwt (375).

The London rabbit market is very dull First large, ex store, are Quoted at 17s 3d

The harvest, in Canterbury is a full fortnight later than usual, the maturing of the grain from mid-January having been von- slow, it was reported at a meeting of the Wheat Research Institute by the director (Dr F. W. Hilgendorf). There have been no heavy rains, but the air, though sometimes warm, was for a long period almost continuously dam", so that ripening and drying took place slowly. In the second half of February. however, conditions improved, and in late February all samples coming in were very' dry.