THE LONDON MARKETS.
FROZEN MEAT.
Australian and N.Z. CaiMe Association. (Reed. 5.5 p.m.) LONDON, Nov. 7. Sheep.—Canterbury, light, 8d ; heavy, 7j}d; North Island, heavy, 7|d; New Zealand ewes, 6d; Australian, firsts, 6^d; Argentine, firsts, light, 7d; medium, 6£d; heavy, 5;Jd; ewes, s£d; Patagonian, light, medium, 6^d. Lambs.—Canterbury, light, llj|d; medium, 10^d; heavy, 9|d ; seconds, 11 l-8d; other selecteds, light, 11-J^d; medium, lOd; North Island, firsts, 10£ d. Frozen Beef. —New Zealand, fores, 4 3-8 d; hinds, sd; Australian, fores 4 3-8 d; hinds, 4|d. Chilled Beef.—Argentine, hinds, 4d; fores, others unchanged. COTTON, RUBBER, HEMP, ETC. (Last week's prices in parentheses.) Cotton. —December delivery, lO.oOd (10.05 d) per lb. Rubber.—Para, 45£ d (45£ d) per lb.; plantation, 474 d (not quoted); smoked, 47£ d (48^d). Jute. —November to December shipments, £57 15s (£6O 10s) per ton. Hemp.—October to November shipments, £39 (£39) per ton. Copra.—October to November shipments, £2B 12s 6d (£2B 10s) per ton. Linseed Oil.—£3B 5s (£3B) per ton. Turpentine.—77s 6d (75s 10J,d) per cwt. Antimony.—English, £BS (£BO to £BS) per ton; foreign, £75 15s (£7O). WHEAT. Wheat.—ln spite of American closing firmness cargoes are quiet and occasionally lower. A feature of the position is that •Japan is bidding on the new Australian basis of 55s 6d find for December at 54 6d, January and Februarv forwards are active at from 3d to 6d advance. Liverpool futures: December, 10s BJld per cental; March, 10s May, 9s lljd.
NEW SOUTH WALES WHEAT.
RAIN OVER SOWN AREAS. A. and N.Z. SYDNEY. Nov. 7. Rain has commenced to fall in the wheat belt. It is expected that there will be heavy falls, v,-hicn are badly needed. CHICAGO WHEAT MARKET. Australian and N.Z. Cable Association. (Reed. 5.5 p.m.) CHICAGO, Nov. 7. Wheat.—December, new, 1 dollar 48 7 8 cents per bushel: old, 1 dollar 48 cents; May, new, 1 dollar cents; old, 1 dollar 44j cents.
AUCKLAND COMPANIES.
ONE NEW REGISTRATION. One public company was registered in Auckland on Saturday. Details are as follow : The Golden Gorge Mining Company, Ltd. Objects: To acquire claims 78 and 88 from the Kawarau Gold Company, and develop them. Capital £6OOO in 24,000 shares of 5s each. Subscribers: W. GrifOriffiths, merchant, Kohimarama; T. F. Berry, retired merchant, Devonport: D. L. O'Donnell, mining expert, Auckland; and G- G. Shierlaw, agent, Heme Bay; 400 shares each; H. A. Anderson, solicitor, Auckland; J. A. Griffiths, clerk, Kohimarama; and J. E. McKelvie, agent, Auckland, one share each.
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Bibliographic details
New Zealand Herald, Volume LXII, Issue 19170, 9 November 1925, Page 7
Word Count
406THE LONDON MARKETS. New Zealand Herald, Volume LXII, Issue 19170, 9 November 1925, Page 7
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