COMMERCIAL.

Taranaki Daily News, 24 December 1923, Page 5

COMMERCIAL.

THE MEAT MARKET. LATEST LONDON PRICES. By Telegraph.—Press Association. Wellington, Last Night. The New Zealand Meat Producers’ Board has received the following cable from London dated December 21, advising Smithfield delivered prices at that date as follows: New Zealand wethers and maidens.—Canterbury quality, selected brands, 561 b. and under B%d per lb., 57 to 641 b. 7%d per lb., 65 to 721 b. 7Atd par lb.; other brands, 561 b. and under 7 5-8 d per lb., 57 to 641 b. 7%d per lb., 65 to 72ib. 7%d per lb. New Zealand ewes.—64lb. and under 6 5-8 d per lb. New Zealand lamb.—Canteibury quality, 33 lb. and under 11 %d per lb., 37 to 421 b. 10 3-8 d per lb.; seconds lOd per lb.; selected brands, 361 b. and under 10Hd per lb„ 37 to 421 b. lOd per lb.; other brands, first quality, 421 b. and under 9 7-8 d per M).; seconds 9%d per lb. New Zealand beef.—Ox fores 3%d per lb., ox hinds 4 1-Rd per lb.; cow fores 27-8 d per lb., row hinds 3%d per lb. Argentine chilled beef.—Ox fores 3Vid per lb., ox hinds 5%d per lb.; Argentine frozen beef, ox fores 3%d per lb., ox hinds per lb. A small lot of the new season's lamb ex the s.s. Tainui made Is o%d at Smithfield to-day. By Telegraph—Press Assn.—Copyright. Received Dec. 23, 5.5 p.m. London, Dec. 22. Sheep.—North Island, light 7%d, medium 7%d, heavy 7%d. New Zealand ewes 6 5-Bd, Australian, first seconds 6%d. ewes Patagonian wethers, none offering. Chilled beef.—Argentine, fores 3%d, hinds 5%d; Uruguayan, fores 3%d, hinds 5 l-8d; other meals unchanged. LONDON MARKETS. Received Dec. 23, 5.5 p.m. London, Dee. 22. Cotton.—Liverpool quotation, American midu ing upland, January delivery 20.30 d per pound. Rubber.—Fine hard para 12%d per pound; plantation, first latex crepe and smoked ribbed sheet, 14d to 14 l-Bd. Jute.—Native first mark Indian, DecemberJanuary shipment, £27 per ton. Copra.—South Sea bagged, December-Janu-ary shipment, £2B 15s per ton. Linseed 0i1.—£43 5s per ton, equal to 3s 5%d a gallon. Turpentine.—72a a cwt., equal to 5i 5%d per gallon. FORE lON EXCHANGES London, Dec. 21. The following are the current exchange rates per £ quoted in London to-day, the previous quotation and par being given for comparison:—

Exchange on Berlin is quoted at 15 to 20 billion marks to the pound, the same quotation as on December 18. CARGOES MARKET. Received Dec. 23, 11.5 p.m. London, Dec. 23. Cargoes are steady in view of small world shipments, but the demand is quiet. Quotations are unchaxur** 1 - a *a»*»l* steady ana quiet. 1

Dec. 21. Dec. 18. Par. Brussels (franc) 96.30 94.95 25.225 Paris (franc 86.5 82.85 25.225 Stockholm (kroner) 16.57 16.63 18.159 Christiania (kroner) 29.23 29.17 18.159 Copenhagen (kroner) 24.45 24.50 18.153 101 100% 25.225 Calcutta ... 1/5% 1/5 2/ 2/1% 2/1% 2/1 Hongkong 2/4% 2/4 2/0% Montreal (dollar) .. 4.47% 4.48% 4.866 New York (dollar) 4.38% 4.37% 4.866