COMMERCIA.

Auckland Star, Volume LV, Issue 188, 9 August 1924, Page 5

COMMERCIA.

THE LONDON MARKETS. FOREIGN EXCHANGES. Short loans 2J per cent, same as last we,e_ ; three mouths bills, isjj per ceiu, same a.i iaat week. 'i_e following rates on foreign exchanges are current to-Uuy, a≤ coiupai c<l wub mc cabled cjuoiauona on August s.uud par:— Aug. 7. Aug. 5. l*ur. New Tork (dol.) .. 4.4Ti 4.-i7 -l.b'JtS Montreal (dol.) .. -MS 4.40J -I.bUU I'ans ur.) 81.15 Sl.bo _5._5 Brussels (£r.) baj Ouj _5.V_3 Homo (lire; 1014 IOIJ _o._-o Stockholm (kr.) .. 10.77 10.73 lt>.J.")il Chrlstianla (kr.) .. 32.41 a_._o 18.150 Copenhagen (kr.) . _7.-j;> IS.IoO Ca.cuiia (pence) .. 17J 17J _4 lloiigicou;; (pence) . _M{ — Yokohama (pence) _4J Uhe mark is u.uoi.ed ai 1&2 billions to the sterling, compared with lSj biUions on August 5. BRITISH AND COLONIAL STOCK. The following table gives quotations for coiuiois and eo.onial inscribed stocks, compared "with those oi Juiy 31:— VariaPrice. ation. £ £ British 3J p.c. War Loan &5J IJ»$ Briush i p.c. War Loan 101 l — British Conversion, Hi p.c. ... 71$ — Commonwealth oj p.c, lU__-_7 loli if Commonwealth Up.c, 1031-41 10-1J _i*t tlligher. "Lower. —Not quoted last week, vlix dividend. BRADFORD TOPS MARKET. The Bradford tops market is doing fair tendency for Merinos, but only a slight improvement lor crossbreds. Sixty-fours quality are quoted at TMI, sixties at U'Jd, mii-sii.es at i7d, titties at SlJid, forty-sixes at _7d, and forties at aid. WHEAT, FLOUE AND PULSE. Wheat.—Cargoes.are neglected and prices are unchanged. Parcels are steadier, and there is improved inquiry. The spot trade is quiet. Australian, ox store, is quoted at SU/ti. Flour.—Steady. Prices unchanged. Ours, Peas and Beans.—Quiet. Held at late prices. Sugar.—Granulated, 37/10 J. THE METAL MARKETS. (Quotations on August 5 in parentheses.) Copper.—Spot, ibJ 18/0 (iIU tl/3) ; three mouihs, £*i 4 IS/J (£65 3/0). Lead.—Spot, £32 3/0 (i."! 2 15/) ; three months, £31 11/3 (£3l 17/0). Speller.—Spot, £3L- 7/ti (i3_ 8/9) ; three months, £!2 7/6 (£H2 8/0). Tin.—Spot. £_oG 2/6 (£2f)C 17/6) ; three months, 7/6 (£250 17/ li). Gold.—£! 12/6 (£4 12/6) per oz. Silver.—34gd (34 9-lUd) per oz.—(A. and N.Z. Cable.) The London office of Joseph Nathan and Co. cabling under date of the 7th lost, relative to tbe dairy produce market, reports ns follows: —'-CbePse, white, 06/ to 9S/. coloured. 02/. Butter, 100/ to 108/. Both markets firm."