THE LONDON MARKETS.

Auckland Star, Volume LVI, Issue 192, 15 August 1925, Page 6

THE LONDON MARKETS.

LONDON, August 13. SHORT LOANS AND BILLS. Short loans, 3 J per cent, compared with 3J per cent last week; three months bills, 4 per cent, compared with 3 15-16 per cent last week. FOREIGN EXCHANGES. Tp.e following rates on foreign exchanges are current to-day, as compared with the cabled quotations on Aug. 13. Aug. 10. Par. New. York Idol.).« , 4.85 11-16 4A")J 4.866 (Montreal (dol.) .. 4.85J 4.85} 4.836 Paris (fr.)- 104.05 103.7? 25.225 Brussels "(fr.) ... 107.85-* 107.35 25.225 Rome (lire) 1341 133J 25.223 Berlin (r.ni.) 20.41 20.41 20.43 Stockholm (kr.) .. 18.07 18.07 18.1511 Oslo (kr.) 26.38 26.47 18J59 Copenhagen (kr.). 21.35 21.33 1S.131) Calcutta (d.) ... 181 18J 24 Honpkong (d.) .-. 281 281-5 . — Yokohama (d.) . . 202 202 -'4* Amsterdam ~ 12.07$ 12.07} — Batavia 11.99 to 12.03 11.C8J — THE METAL MARKET. (Quotations on August l'O in parentheses.) Copper.—Spot, £62 8/9 (£O3 6/3); three months, £03 8/9 (£6-1. 3/9K Lead.—spot. £37 i/3 (£.17 C/ 3); three months. £35 tf./3 (£36 5/). Spelter.—Spot, £36 5/ <£36 12/0); three montlis, £35 16/3 (£3G 8/6). Tin. Spot, £258 7/0 (£20.1 Jf,/:i*); three months, £259 2/0 (£265 7/6*). Silver.—Standard. 38Jd (:tl la-li',d); fine, 31 11-l6d (341 d) per oz. * Quotations on August c. CONSOLS AND NEW ZEALAND ST-QCKS. The following table gives quotations for | Consols and New Zealand inscribed stocks, j compared with those of August j6:— VariaPrice. t.lon. i »;;£..£ | Consols, -J per cent 563 1* i British 3* p.c. war loan 'MA it ! BritiHh 5 p.c. war loan ." lull Jt British Conversion. 3i p.c. .. 78 It New" Zealand 4 p.c, 1929 96* — New Zealand 31 p.c, 1940 8.".| — New Zealand 3 p.c:, 1945 76 — New Zealand 6 p.c, 1936-51 .. 107j — t Higher. * Lower. — Not quoted last week. WHEAT, FLOUR AND PULSE! Wheat cargoes are firm in sympathy with American and Canadian advices, but the new Oerman import duty which Is to come into operation on August 25 has exercised a quietening influence. - Parcels closed quieter at sixpence up. Liverpool rutures: October, sellers, 11/4J per cwt; December, 10/9}. The spot trade is slow. Australian ex ship is quoted at 62-/.'•■'. Flour. —Steady/ Australian ex store, 43/3. " ' .-•:- . ••• Oats, Peas and' Beans. —Quiet. Sugar.—Granulated," £1 10/10*. TRADE IN LEAD;' Lead Imports total- 27;367 tqns, and exports 1816 tons.—(A. and N.Z; Cable.)