COMMERCIAL.
COTTON CROP FORECAST. Ay Tal“graph Assn.—Copyright. Aus. and N.Z. Cabla Association. (Received Nov*mb«r 23. noon.) WASHINGTON, November 22. T.lie Department of Agriculture’* forecast of the cotton crop i* i 8,3 9*,o«t> bales, which is the largest in history, and. even heavier than was expected. After the forecast, prices dropped fifteen to twenty points on the New Orleans market, while prices on the New York market declined nine to eleven points. There has been considerable liquidation by recent buyers. THE BfEAT MARKET. The New Zealand Loan and tile Agency Cohipany, Ltd., have received a cablegram from London giving the undernoted market information, dfc.ted November 19:— New Zealand Frozen Meat—Lamb, 9id per lb average. Mutton—Wether and mdiden ewfc, light sid, heavy old; ewe, light 4d. heavy 3fd per lb. The market is duUt. STOCK EXCHANGES.
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https://paperspast.natlib.govt.nz/newspapers/TS19261123.2.35
Bibliographic details
Star (Christchurch), Issue 18011, 23 November 1926, Page 4
Word Count
305COMMERCIAL. Star (Christchurch), Issue 18011, 23 November 1926, Page 4
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