FINANCE AND TRADE

New Zealand Times, Volume XXXIII, Issue 7866, 31 July 1911, Page 5

FINANCE AND TRADE

GENERAL MARKET CABLES LATEST ADVICES. By Telegraph—Press Association —Copyright. (Received July 30, 5.5 p.m.) 1 LONDON. July 23. COPRA. The market for copra is irregular, and the business doing is email, booth Sea Island in 1 bags is quoted at £23 15cs to £l iA per ton, a drop of 5s on the week . COTTON.—A CONTINUED FALL. - The Liverpool quotation for American middling Upland cottou, July-August ahipinou't-, is 6.49£d per lb, a drop ol 44 poinua on the week. JUTE. ' Jute, native first marks, August shipment, is 7s 6d lower ou the week at £2O Os 6d per tou. HEMP. The market for hemp is quiet, and prio oa are uucha-ngcd. RUBBER. Fine hard Para rubber is quoted at Bjd per lb, a rise of Xd on the week. RABBITS. Tho market for" rabbite is quiet and ui> changed. PRICE OF SILVER—STILL FALLING. Bar silver .is quoted at 24d per ounce, LONDON SHEEPSKIN SALES. By Telegraph—Press Association—Copyrigil. LONDON, July 28. At the sheepskin sales 8050 bandies were catalogued. There was a small attendance of buyers and fairly heavy withdrawals. As compared with the Juno sales, merino combings were practically unchanged. Merino and fine crossbred clothings and fine crossbred combings wer< a farthing per lb lower, and. ooojree, cross? breds a halfpenny lower. 1 , ENGLISH BUTTER MARKET. PRESS ASSOCIATION, f NEW PLYMOUTH, July 29. A. cable message received from London* this morning saya: Danish butter has advanced two kronere (2s 2id). The, dry weather continues. It is doing great' damage, and is curtailing the butter, supplies. Stocks of stored butter are rapidly, clearing. (The, last quotation for Danish butter was 121 a per cwt.) FROZEN; MEAT. The New Zealand Loan and Meroanlila Agency Company, Ltd, have received tho following cablegram from their London house under date July 28th:—Frozen Meat. —There is a good demand for lamb, but the market is dull for mutton and very weak for beef.- , / WELLINGTON STOCK EXCHANGE SATURDAY’S SALES. Mining.—New Sylvia* 10 a.m, 3e ~7d (c) I Woihi, noon, £3 Is (r). , , ; ■ V Investment. —Equitable Building, 10 a.m, £9 15s' (r); Napier Gas. noon. £25, £25 2s 6cl (r). .! . WELLINGTON CUSTOMS. The Customs revenue arid beer duty col looted.’ at Wellington last week totalled respectively £21,343 12s and £196 ’ 18s. Saturday’s Customs return amounted to £1896 2s lld.‘ ; , .