COMMERCIAL
FOREIGN EXCHANGE RATES. Press Association—By Telegraph—Copyright. LONDON, May 1. : ' > foreign exchange rates arc as folio .v compared with those last cabled : London on April 27. Mavl. Paris, fr. to £1 47.95 48.10 Christiania, la’, to £1 ... 23.35 23.60 Copenhagen, hr. to £1 20.97 28.03 Stockholm, hr. to £1 ... 17.07 17.11 Berlin, marks to £1 ... 1260.00 1247.00 Montreal, dol. to £1 ... 4.49 4.50 Now York, dol. to £1 4.421 4.45 Hongkong, dol. to £1 29j|d 50,)d Yokohama, id. to you 25Jd Calcutta, st. to rupee 15^cl 14;jd THE HOME' MARKETS. LONDON, May 1. Wheat. —Cargoes arc firm, with a good demand from Russia and Germany. Prices generally are well maintained, though British millers arc only fraying for immediate requirements. Tim Anstralport’s am! the Athenic's cargoes were sold to .Russia at 57s Gel ; West .Australian steamer, first In,if of ’ ••••<!. 57s 6cl ; Victorian do, 58s; Australian s’, Sithonia, Wonganella., 57a 3d; and a parcel per the City of Corinth, 5Ga 9d. Copper : Spot, £59 13s 9rl; forward, £SO 6; 3d. Lead : Spot, £24; forward, £23. Speller ; Spot, £26 17s Gel; forward, £26 15s. Tin : Spot. £lsl 11s 3d ; forward. £152 18s 9d. Silver, 2s 10,61 per or,. The Bradford market is firm and active, with a hardening tendency. A fair amount of business is passing.—A. and N.Z. Cable.
THE BUTTER MARKET. LONDON. May 1. The- Australian. Press Association interviewed several leading limiter importers regarding the. proposed New Zealand pool. They were generally of opinion that the pool would not be advantageous to the producers. All the previous pool schemes had failed. Healthy competition, was tho best means of obtaining the highest prices and the most satisfactory returns to the producers.—A. and N.Z. Cable. MELBOURNE, 31,ay 2. The wholesale price of butter has been increased by 9s to 187 s. BUTTER AND CHEESE. The New Zealand Loan and Mercantile Agency Company, Ltd., has received the following cablegram from its London house, under date the 20lh lilt. : Blitter.—New Zealand, 180 s to 183 s per cwt,; good demand. Cheese.—New Zealand, 78s to 92s per cwt; quiet.
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Bibliographic details
Evening Star, Issue 17958, 3 May 1922, Page 8
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342COMMERCIAL Evening Star, Issue 17958, 3 May 1922, Page 8
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