COMMERCIAL
STONE! WOOL SALES,
Picas Association— By 'Telegraph—Copyright
SYDNEY, November 21. Afc tbo wool sales there was an active market and strong general competition, 12,127 bales being sold. Greasy merino made 301 d.
LONDON WOOL SALES
The Bank of New Zealand has received the following advieo from its London office, under date 20th inst. The sales have opened with strong competition and largo attendance of buyers. There is an active demand by all branches of the trade Greasy merino is Id to lid deader;, stipes average 7| per cent., and scoured cross-breds <•* per cent, to 10 per cent, dearer. No greasy cross-breds arc offered. " The New Zealand Loan and Mercantile Agency Company, Limited, have received the following cable from London, under date 20th instant: — i he opening catalogues were fairly representative, There was a good attendance at the opening of the sales today, competition by Continental buyers being active and prices as compared with the close of the preceding scries ruled par to 5 per cent, higher for merino wool, 5 per cent, to 7} per cent, for cross-bred slipe. Fair Homo demand. Cross-bred greasy wool lias not been offered.”
FOREIGN EXCHANGES
Press Association—By Telegraph—Copyright,
LONDON, November 20. Nov. 13. Nov. in. Now York, dollar to £1 ... 4.84 13-10 4.54 31-32 Montreal, dollar to ,£li 4,8.11 Paris, franc to £1 ... 1-4.10 I-’I.IO Batavia, o-uildcr to £l ... ... 12.07 Brussels, hclgas to 1 31.80 31,83 Gcnev,a Irance to gll _. 3.1.20 25.10 Amsterdam, florins to gji ... 12.08 12.081 Milan, lire to /,! ... ',12.u5 Berlin, reichmarken to ,£1 ... 20.30 20.31! Stockholm, kroner to ... 18.13 18.14 Copenhagen, kroner to gll ... 18.10 18.10 Oslo kroner to /.I ... ... 18.10 18.10 Vienna, schilling io £1 ... 31.405 31.520 Prague, kroner 10 £1 IKff hlllj Helsingfors, marks to ,6l ... 102; 102; Madrid, peseta to £1 30.075 30.08 Lisbon, escudo 10 107, .108 1-lli Athens, drachmae to £\ ... 37a 3, , Bucharest lei to 3,1 SOld B('aJ Rio do Janicro. pence to milreis 520 1.32 5211-32 Buenos Aires, pence to dollar 47 1.5-32 17 15-32 Bombay, rupee - UMS Shanghai, tael I Yokohama, yen I.UI-32 1-10 31-32
Hongkong, dollar 2.0 —Australian Press Association
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ESD19281122.2.94
Bibliographic details
Evening Star, Issue 20030, 22 November 1928, Page 12
Word Count
348COMMERCIAL Evening Star, Issue 20030, 22 November 1928, Page 12
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