COMMERCIAL

Evening Star, Issue 18729, 3 September 1924, Page 5

COMMERCIAL

Press Association—By Telegraph—Copyright. FOREIGN EXCHANGE RATES. LONDON, September 1. The exchange rates are as follow :

Hongkong, st. to yen * 2Q| Calcutta, st. to rpe 10 to gold £1 17 5-16 * Determined fby price of silver. The exchange rate on Berlin (par 20.16 marks to the £1) is 18-jf billions.—A. and N.Z. Cable.

[The rates quoted on August 28 were Paris, 83.05; Brussels, 89.75; Christiania, 32.45; Copenhagen, 27.57; Stockholm, 16.87; New York, 4.48|; Montreal, 4.421; Rome, 101-i; Yokohama, 21 15-16; Hongkong, 285; Calcutta, 17^.] A cablegram from London states that Waihi shares are quoted at 29s Id. The pries of gold is £4 12s 2d an ounce. TALLOW STOCKS. LONDON, September 1. The tallow, stocks are 4,468 casks. The imports during August were 1,538 casks and the deliveries 1,938,—A. and N.Z. Cable. METAL MARKET. LONDON, September 1. Copper : Spot, £63 18s 9d, forward, £54 16s 3d. Lead ; Spot, £53 15s; forward, £32 ss. Spelter : Spot, £33 3s 9d ; forward, £32 18s 9cl. Tin : Spot, £258 7s 6d; forward, £259. Silver is quoted at per oz.—A. and N.Z. Cable. BRISBANE WOOL SALES. Australian and N.Z. Press Association BRISBANE, September 2. The wool sales opened with an attractive catalogue, and there was a brisk demand. Best fleece advanced 7,)- to 10 per cent, and medium and skirtings 10 per cent, on the July sales. SALE OF SHEEPSKINS.

The Dunedin Woolbrokers’ Association reports as follows :

Medium catalogues were offered at Tuesday’s sale, and prices generally show from Id to ijd per lb advance on last sale’s rates. The following is the range of prices :—Merino three-cjuarter-wool to fullwool, up to 22|-d; memo half-wool, l6jid to 20id; half-bred three-quarter to fullwool, 30-|d to 23^d; half-bred half-wool, 16J[d to 22. d; half-bred quarter-wool, 16dd to 18j,d; fine cross-bred full-wool, 19d to 21d; fine cross-lbred three-quarter-wool, Ibid to 19fd; fine cross-bred half-wool, 171,-d to 18Ad; fine cross-bred quarterwool, up to 15d-; cross-bred full-wool, 16d to 17|d: cross-bred three-quarter-wool, to 16id; cross-bred half-wool, 15Jd to 16W ; cross-bred quarter-wool, 13d to 15a; hoggets, up to 18|d; half-bred dead, 16W to 30|d; cross-bred dead, 12|d to loid ; pelts, lOd to 133-d; merino dead, up to 193 d.

Par. Sept. 1. Paris, fr. to £1 25.225 82.95 Brussels, fr. to £1 25.225 89.25 Christiania , kr to £1 18.159 52.45 Copenhagei a, kr to £1 18.159 27.37 Stockholm, kr to £1 18.159 16 88 New York; , dol. to £1 4.86 4.88i Montreal, clol. to £1 4.86 4.48-| Borne, lire to £1 22.22J, 101* • Yokohama, st. to ; yen 21.5 25 15-16