COMMERCIAL

Nelson Evening Mail, Volume LXVI, 3 September 1935, Page 8

COMMERCIAL

RAW MATERIALS LONDON, 31st August. Friday’s closing prices for raw materials were as follows, those for 23rd August being in parentheses: — Cotton. —Liverpool quotations, good American middling, spot 6.21 d a lb (6.33 d); October delivery, 5.69 d a lb (6.15 d). Rubber.—Para 4J alb (same); plantation smoked ribbed sheet, 5 11-16 d a lb (53d). Jute.—Septembcr-Oetober shipment, Indian jute, Dundee quotations, £l7 a ton (£l7 15s). Copra.—September-October shipment, South Sea to London or Rotterdam, £9 12s 6d a ton (£9 15s); smoked, to Marseilles or Genoa, £9 12s 6d a. ton (£9 10s); plantation, Rabaul, to London or Rotterdam, £lO 12s 6d a ton (£lO 15s). Linseed 0i1.—£23 15s a ton (£24 15s). Turpentine.—44s 9d a cwt (43s 9d). FORWARD WHEAT PRICES NEW YORK, 31st August. Forward wheat prices: September, 87f cents a bushel; December, 89|; May, 91a, New York, cash, 115 f cents. The markets will be closed next Mouday. FROZEN MEAT MARKET In the frozen lamb market at Home lightweights remain firm, according to the weekly cable received by the New Zealand Moat Producers’ Board, but heavyweights are slightly easier. Consumption continues to be satisfactory. The wether mutton market is firm, with prices unchanged. There has been more inquiry for ewe mutton and prices have hardened. There is better demand for beef with a slight advance in prices owing to better prices for chilled beef. Prices for New Zealand porker pigs have advanced owing to better demand. Quotations for baconers are nominal as there is none available. Tho iivcnigc wholesale prices Tor ilic week, with those for the previous week in parentheses, are: — New Zealand sheep, Canterbury and North Island selected crossbred wethers and maiden ewes, 48/under 5d a lb (sd), 48/56 4£d (4-gd), 57/64 5d (sd), 65/72 43(1 (43d); North Island 48/56 4gd (4|d), 57/64 4ld (4gd). 65/72 43d (43d), ewes 48/under 3d (2Jdl, 48/64 2;/d 2 r ’d (2LI), New Zealand lambs, Canterbury, 36/under 7-jjd (7jjd), 3//42 7/d (7i('l) 43/50 6gd (7d) ; second quality, avera'ge nbout 31, 6gd (6/d) ; other South Island, 36/under 7gd (7gd), 37/42 7/d (7/d) 43/50 6Jd (7d); North Island Downs 36/under 7/d (7/d). 37/42 7gd (73(1), 43/50 6Jd (7d); second quality, average about 30, 6/d (6/d); North Island first quality, 36/under 7/d (7/d), 37/42 7/d (7-Ad); second quality, average about 31, 6d (6/d); Argentine lambs, first quality, 36/m.dor sgd (5/d), 37/42 r.7,i (r,7,n • New Zealand Irozen bed. ox hinds,“l4s/210 3/d (3gd) 145/210 2gd (2.i(|) • New Zealand dulled lied, ox hinds’ 145/210 4/d (4/d); Argentine (•hilled beef, ox binds, 145/210 6d (5/d), fores 145/210 2/d (2/d); Uruguayan chilled lied', ox binds. 145/210 5/d (4f,d), fores 145/210 2/d (1/d); Australian frozen beef, ox hinds, 145/210 3gd (3/d), crops, weights corresponding, 2/d (2gd); Australian chilled beef, ox binds, 145/210 4/d (4/d), crops, weights corresponding 2<i (13d)Union of South Africa chilled lied', ox hinds, 145/210 5/d (4/d); fores, 145/210 2/d (1,3 d); Sontli Rhodesian chilled beef, ox liinds, 145/210 4/d (3[jd), fores. 145/210 Igd Gild): New Zealand porker pigs, first quality, 60/80 6/d (6/d), 01/100 6/(1 (6d); 101/120 6d (Sjd); baconei's, 121/160 53d (53d).