COMMERCIAL
POSITION OF STERLING (British Official Wireless.) Rcc. 10 a.m. RUGBY, Jan. 4. Sterling on New York was quoted at 4.91 .11-16 to-day, and on Paris 74 1-16. LONDON MARKET. 'The Bank of New Zealand reports that the following advice has been received from London as at the close of
business last week: — l “Wethers. —'The market; is short of supplies and prices arc nominal. Ewes. —The market, is firm. Lambs. — Smaller supplies have caused prices lo harden. j “Quotations. —Wethers, light did lo lurid, he.‘ivv 4d to fid': owes, Jjd to I 4.1 d; lanilis, twos 7gil to 7‘d. eights 7£d to Sid; fours not quoted; seconds 7d. to 7'd. “For the London wool sale commencing on January 15, the prospects for all wools are favorable and it is generally expected that merinos will advance Id and that crossbreds will lie fully iinil, with an upward tendency. ’ ’
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Bibliographic details
Poverty Bay Herald, Volume LXII, Issue 18597, 7 January 1935, Page 12
Word Count
148COMMERCIAL Poverty Bay Herald, Volume LXII, Issue 18597, 7 January 1935, Page 12
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