COMMERCIAL

Evening Star, Issue 19196, 12 March 1926, Page 2

COMMERCIAL

Prcsa Akm elation —By Telegraph Copyright. THE WOOL MARKET. LONDON SALES. LONDON, March 10. At the wool sales 11,213 bales were offered and about 9,000 sold. There was a good selection, of which the fine kinds met with good competition, with prices favoring sellers, but medium and inferior sorts wore rather irregular. Among medium scoured merinos the withdrawals were frequent.—A. and N.Z. Cable. Later. At the wool sales there was a good selection of all classes, and competition was general, the opening rates being maintained. New Zealand ‘ Bank House,” top 24id, average 23id.—A. and N.Z. Cable. SYDNEY SALES. SYDNEY, March 11. (Received March 12, at 1 a.m.) At the wool sales there was spirited bidding, and good clearances were effected. The market closed without change. Greasy merino sold to 29J-d. BRADFORD MARKET. LONDON, March 9. The Bradford market is extremely quiet, with practically no business. —A. and N.Z. Cable. FOREIGN EXCHANGE RATES. LONDON, March 9. The exchange rates are as follow; —

P. AND 0. STOCK. LONDON March 10. A cablegram from London states that P. and 0. deferred stock is quoted at £238. LONDON WIIEAT MARKET. LONDON, March 10. Wheat cargoes are quiet and lower on the bearish view of the Washington Bureau report: Sveajarl, 53s Cd; Luciston, 62s 9d. Parcels are in small request and are weaker: ex Ulysses, 545; ex Hobson’s Bay, 52s 7Jcl; ex Port Campbell, 52s 6ii. Liverpool futures; March (buyers), 10s s|d; May, 10s 6Jd; Julv, 10s 7d per cental.—A. and N.Z. Cable. TALLOW SALES. LONDON, March 10. At the tallow sales 861 casks were offered and 443 were sold. Prices were unchanged.—A. and N.Z. Cable.

Mar. 4. Mar. 8. Paris, franc to ;£! ... ... ... 130.80 134.50 Brussels, franc to ... ... ... 106.t!5 107,00 Oslo, kroner to £1 ... ... 22.5)7 22.74 Copenhagen, kroner to £1 ... 18.74 18.74 Stockholm, kroner to Al ... 18.12 18.12 Berlin, reichmarkcn to £1 20.41 20.41 Montreal, dollar to ... ... ... 4.88$ New York, dollar to ... ... 4.8,115-10 4.851 Rome, lire to £1 ... ... 121.15 121.12 Yokohama, st. to yen ... ... ... 22 7-Ifl 22 3-10 Calcutta, st. to rupee ... ... ... 1$ 18 3-10 Hongkong, at. to dollar ... ... 284 284 Amsterdam, guilder to Batavia, guilder to £\ ... ... 12.*14 12.10 li.’l 1 12.08 —A. and N.Z. Cable.