COMMERCIAL

Evening Star, Issue 17953, 26 April 1922, Page 8

COMMERCIAL

A London cable quotes A\ T aihi Junction t shares at 6s lOd ana P. and 0. at £330 to- ? £360. FOREIGN EXCHANGE BATES. Press AflEocistion—By Tolsgraph—Oopyriiffei. LONDON, April 24 (Received April 26, at 12.40 a.m.) The foreign exchange rates are i:» follow compared with those last cabled i London on Ap. 20. Ap. 24. Praia, fr to £1 47.37 47.60 Christiania, kr to £1 ... 23.10 23.32 Copenhagen, kr to £1 20.83 20.75 Stockholm, Jar to £1 ... 17.00 17.00 Berlin, marks to £1 ... 1,240.00 1,151.00 Montreal, -dol to £1 ... 4,53 4.60 New York, dol to £1... 4.42-i 4.421 Hongkong, dol to £1 Yokohama, fit to yen 25§d 25^d Calcutta, sfc to rupee ... 15£d 15,Ul —A, and N.Z. Cable. NEW ZEALAND PRODUCE. The Hirii Commissioner’s latest cablegram from Loudon, dated April 22, reports that lamb is in moderate demand. Best quality remains firm, and second class is weaker in competition; but for Australian mutton the demand remains good, and prices are the same as hut quotations. The beef market is weaker. For butter tho demand) for colonial haa improved, and better prices obtained. For cheese tho demand is steady, andl tho market firmer. Wool.-—Tho Bradford market continues firm, and prices for tops remain unchanged. Mutton.—Light, 8d to Sid; medium, 7Jd to 8d; heavy, 6d to 7-Jd. Ewes: Light, 61 dto 6id l ; medium, 5J,d to 6|d j heavy, 5d to 5,(d. Lamb.—Best to Hid; heavy to 10|d ; ordinary North Island, lid; .second class, lOd.

Beef.—New Zealand hinds, 4d ; fores, 23 d. New Zealand Butter.—Salted, 180 sto 186 s perewt; exceptional, 188 s; unsalted, I.Bos to 184 s.

Cheese. —New Zealand colored, 92s to 245; white, 84s to 86s. Casein and New Zealand fresh rennet, £6O and £42 per ton respectively. Hemp.— Manila is steadier. Buyers, £34 5a per lon. New Zealand remains quiet at nominal quotations. Spot and April-Juno shipment;}, high points, £32 per ton j fair, £3l. Wool—64’s, merino, 4s fid; 56’s, super cross-bred, 2s s£d j 40T, coarse cross-bred, pre pared, Ifl O^d. Tho Latest cablegram from Weddol and Co. gives New Zealand butter and cheese prices as above. NEW ZEALAND LOAN. FULLY SUBSCRIBED. LONDON, April 24. Tho New Zealand loan has been subscribed, and the lists will be closed tomorrow'. —A. and N.Z. Cable. SYDNEY WOOL SALES, Prc-fn AH)ociaiisn— By Telegraph—Copyright. SYDNEY. April 24. The wool calcs wore continued. Tho qnaliiv of tho offerings viva high, and competition was been, Continental buyers being very active. Late rates wore wall maintained.