THE LONDON MARKET.

Auckland Star, Volume LVI, Issue 162, 11 July 1925, Page 6

THE LONDON MARKET.

SHORT .LOANS AND BILLS. LONDON, July 9. ,_ Short loans, 3£ per cent, compared with 3i per cent last week; three months' bills}/ 4* per cent, compared with i 9-16 i per cent last week. FOREIGN EXCHANGES. The following rates on roreign exchanges are current to-day,: as' Compared with the cabled quotations on July 0 and par:— July 9. July 6. Par. New York (dol.) ... 4.86 1-16 4.861 4.56G Montreal (dol.) ... 4.86 4.86 4.866 Paris (fr.) i 03.44 101.95 2."..225 Brussels (fr.) 105.15 103.05 25.225 Rome (lire) 132 12S 23.225 Berlin (r.m.) 20.42 20.42 20 43 .Stockholm (kr.) .. 18.12 18.14 18.159 Oslo (kr.) 27.02 26.70 18.159 Copenhagen (kr.) . 23.72 23.42 18.159 Calcutta (d.) ISi lSi 24 Hongkong (d.) ... 28j 28& —- Yokohama (d.) ... 20. 20 3-16 241 Amsterdam '.. 12.13J 12.12J —" Batavia ..: 12.07 — CONSOLS AND NEW ZEALAND STOCKS. The following table gives quotations Tor consols ana New Zealand inscribed stocks, compared with thoSe of July 2.*— Price. Varia- " tion. £ £ Consols, 2J per ccut mi ljf British 31 p.c. war loan 06} S. British 5 p.c' war loan 100 jf British Conversion, 3j p.c 760 ftf New Zealand 4 p.c, 102!) nr,. if New Zealand 3J p.c, 1940 83 -Jf New Zealand 3 p.c, 1945' 74§ If New Zealand 6 p.c, 1036-51 .. 106 iif t Higher. * Lower. S. Same. WHEAT, FLOUR, AND PULSE. Wheat.:—Cargoes are steady and occa* sionally higher, but, owing to expectations or a bearish bureau report, also to tonnage booked for Russia on Continental account, buyer? are holding off. Sales are reported at 54 to 54/3. Parcels are. in small request at 6d lower, despite an American advance. -Liverpool rutures: July, :i_/4 per cwtv .October, 10/7; December, buyers, 10/3 J. The spot trade, is quiet. Australian ex ship, 56/6. Flour. — Slow.. Australian ex-store, 40/6 to 4*l/. ■• t _.. - Oats. —Dull. Peas.—Steady and quiet. Tasmanian .maples, 77/6 to 83/6:' New Zealand maples, 67/6 to 72/6; Tasmanian, blue, 19/6 to 20/ ex store: Sugar.—3i/l_. '._ v_ ; • '.»".-. • ■,-." BRADFORD TOPS. '." '■'< '" ! The Bradford tops market is quiet, but there is. a hOpefhl undertone for Merinos Crossbreds weak. . Sixty-fours quality sold at sid per : lb; sixties at 44d;• tirtysixes- at 34d; fifties at 26id; rorty.-sixes at 21d; and forties..at _oid.—(A.- and.N.z. I Cable.)" ;. . ; *' .-.T_ ... .>- :