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AMERICAN - WHEASk LOWEST PBKE FOR YEARS. Press- Assodatkm—By Telegraph—Copyright NeIFyOBK, April 14. (Received April'l6, at 10.45 am) Wheat has reached its lowest price Bines 1916. July deliveries are selling at 98 cents at Kansas City. Flour at Minneapolis sold at under Bdol a barrel, tho lowest price sines 1913. BANE OF .ENGLAND RETURNS. LONDON, April 15. April 6. April 13. • £ £ Coin and bullion 126,529,000 126,531/100 Reserve ... ... 17,583,000 18,261,000 Proportion of reserve. to liabilities, per cent. 12:05 13.80 Note circulation £29,215,000 123,557,000 Govt, deposits... 121,495,000 18,316,090 Other deposits... £24,212,000 114,124,000 Govt, securities M,698,000 32,210,000 Other securities 114,147,000 89,693.000 Short loans remain at 54 percent, and three months bills at per cent. Consols are quoted at £43«Ss, and'- war loans at £BS and £36 17s 6<L HOME MARKETS. LONDON, April-14, Wheats—-Market ftteedy, fair basine®. Salos of Australian were made at &ls ex shin. Flour is quiet. Australian, ex store, G7a 6d. Lots arriving in the latter half of May are offering at 60s, crif. Oats are steady. Australian, ex quay, 35s Bd. Barley.—Nominally unchanged. Beans and peas are* quiet and unchanged. Sugar.—Granulated, 695. Butter and cheese are quiet at lata rates. Retailers are holding off owing to the risk of non-delivery through tha strike, ‘and are also waiting to see whether iha Government reduces'prices.
MELBOURNE, April 15. A cable massage from tho Board of Trade in London instructed the Commonwealth Bank to cease payments on Australian butter on account of the Imperial Government contract, which eondtided on March 31. No explication of the action is given. The outstanding payments under tho contract with New, South Wales total £120,000, and with Queensland £142,000. In view of this a reply has been sent urging that the terms of tho -contract bai adhered to.
THE METAL MARKET. LONDON, April 14. Copper.—Spot, £63 13s Sd; forward, £6B Is 6d. Electrolytic—Spot, £72; forward, £74, Load. —Spot, £2O 10s; forward, £2l & 6d . Spelter.—Spot, £25 ss; forward, £26 Tin.—Spot, £159-2s 6d; forward, £152 7s 6d. Silver, 3s 0 13-15 d per oz. FOREIGN EXCHANGE RATES. LONDON, April 15. The foreign exchange rate on London' afford the following comparisons:—■
Paris (fr.) ... ... April 12. April 15. ... 55.00 54-79 .Stockholm (kr.) ... ... 16.56 16.40 Christiania (kr.) _ ... 24.30 24.29 JWlin (mark) — 243 347 Calcutta (rupee) _ — 15& 15J Yokohama (yen) ... ... 29| 29i Hongkong (do!.) ... ... 29 30 Montreal (doL) ... ... 4.40 441 New York (dol.) ... ... 3.92|. !U '/ 3.90f
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Evening Star, Issue 17637, 16 April 1921, Page 6
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392COMMERCIAL Evening Star, Issue 17637, 16 April 1921, Page 6
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