COMMERCIAL

Evening Post, Volume CIX, Issue 64, 18 March 1925, Page 8

COMMERCIAL

FOREIGN EXCHANGE RATES.

(UNITED PRESS ASSOCIATION—COPIRIQHT.) . tAUSTRALUK-NEW ZEALAND CABLB ASSOCIATIOK.)

... ' .. LONDON, 16th March. toreign rates of exchange on 16th March, at compared with par rates, or ss averaged Bret hall of 1914, are as fol ow:-

THE WOOL POSITION

(ACSTKALIAXVEW ZEALAND CAULE ASSOCIATION.)

LONDOX, 10th March. ! At the wool sales there was competition for merinos snd cros;brcds. Prices were flrn^ New Zealand, CM., 251 dto 23!. d. Bradford tops are quiet, and there is a slightly improved feeling for merinos.

CHICAGO WHEAT FUTURES.

CHICAGO. ; lCth March. The latest quotations for wheat futures are- , May, 1 dollar 05 cents per bushel; July, 1 dollar 4i\ cents; September, 1 dollar SOJ cents.

Prices of metals.

LONDON. ICth March. Copper: On spot, £03 0s 3d per ton: forward delivery, fii4 Ss 9d. . I.eail: £3" 10s and £3(i 10s ?-"-lier: f35 15s and *S5 2s 6d. Tin • t°4n 17s flti and £2W 7s Cd. o:'-er: Standard, 31 5-10 d per ouncej flne.

I I.AMfI EXPORTS FROM AUSTRALIA.

The New Zealand Meat Producers' Board has just received a cable from its represen tativc in Amtralia advising tliat 1737 carcaiset of Innib were exported from Australia for tho fortnight cuded lath March, 1925.

Mar. Mar. Par. Kcw York, dols. to £ .... 4.781 4.78 4.806 Montreal, dols. to £ .... 4.79J 4.78J 4.SW fans, francs to £ 03 93.30 25.22 Brussels, francs to £ .... 94.05 94.00 25.22 Amsterdam, florins to £.. 11.97 11.90 ism Stockholm, kroner to £.. 17.70 17.72 18J2 Jslo. kroner to £ 31.09 31.17 18.12 jopenliaßen, kroner to £.. 20.47 20.03 18.12 lieilin; Reichsmark to £.. 20.13 20.0U — Rome lire to £ 117J 117» 25.2S YoKoliama, pence to yen 2.1 IS-lfi ?0 0-10 24.43 oalciitta. pence to rnree 1715-10 1715-10 24 llouk KonK, ponce to dol. 27} 27J 24 Batavia, florins to X .... 12.01 12 12.107