THE LONDON MARKETS.

Auckland Star, Volume LVI, Issue 184, 6 August 1925, Page 4

THE LONDON MARKETS.

FOREIGN EXCHANGES. LONDON, August 3. The following rates on foreign exchanges are current to-day, as compared with the cabled quotations on July 30 and par:— Aug. 3. July 30. Par. New York (dol.) . 4.8511-16 4.855 4.866 Montreal (dol.) .. 4.85 i 4.85J 4.866 Paris (fr.) 102.55 102.20 25.225 Brussels (fr.) ... 106.25 105.25 25.225 Rome (lire) 133 132J 25.225 Berlin (r.m.) 20.41 20.42 20.43 Stockholm (kr.).. 18.07 18.07 18.159 Oslo (kr.) 20.40 26.26 18.159 Copenhagen (kr.) 21.27 21.13 18.159 Calcutta (d.) 18i IBJ 24 Honckong (d.) ..28 — — Yokohama (d.) .. 20i 20g 24* Amsterdam 12.08J 12.10 — Batavia 11.991-20 12.01 — THE METAL MARKET. (Quotations on July 30 in parentheses.) Copper.—Spot, £62 8/9 (£6l 8/9); three months, £63 8/9 (£62 8/9). Lead.—Spot, £37 3/9 (£36 10/); three months, £36 6/8 (£35 2/6). Spelter.—Spot, £35 18/9 (£35 5/); three months, £35 11/3 <£3-f 17/6). Tin. —Spot, £264 12/6 (£259 17/6); three months, £267 2/6 (£262 12/6). Silver. —Standard, 32{jd (31Jd); fine, 34 9-16 d (34|d) per oz. TALLOW. Tallow, in stock totals 4177 casks; imports, 2725 casks; deliveries, 226 i casks'. WHEAT. Wheat.—Cargoes are firm, owing to an American advance, and are 1/ to 1/6 higher, but the demand is very quiet. The Marina's cargo realised 57/s*d. Half the cargo of the City of Salisbury sold on Saturday «t 57/6. and part or the Thlstlero's at .56/9 and 56/3. Parcels are held ror 1/ to 1/6 advance. Trade is disappointing. Parcels by the Richelieu at Liverpool sbld at 58/. Liverpool futures: October, 11/1J per cwt: December, 10/8 i (A. andN.Z. Cable.) FROZEN MEAT. The Bank of New Zealand has received the following advice Trom its London office, under date July 31:— There Is a little better demand for wethers. The market is firmer for heavyweight ewes. The lamb market is weaker for heavyweights, but lightweights are steady. The outlook for beef is more favourable. Wethers, light 7d to BJd per lb, heavy 6*d to 7d; ewes, 5d to 6|d; lamb, under 42's IOJd to 12d, over 42's 9}d to 10id, seconds lid to 11 id; ox, hinds 51d to s*d, Tores 3d to 3Jd; cow, hinds 4id to sd, fores 2}d to 3d.