COMMERCIAL.

Hawera Star, Volume XLVIII, 6 December 1924, Page 5

COMMERCIAL.

FOREIGN EXCHANGES. BY CABLE—PRESS ASSOCIATION —COPYRIGHT Received Dec. 5, 8.5 p.m. LONDON, Dec. 4. Foreign exchanges are: Brussels, 93.75 francs; . Paris, 84.90 francs; Stockholm, 17.35 kroner; Christiania, 31.25 kroner; Copenhagen, 26.50 kroner; Berlin, 19$ roichsmarken; Rome, 108$ lire; Calcutta, 18d; Montreal, 4.68§ dollars; New York, 4.65$ dollars. LONDON WOOL SALES. LONDON, Dec. 4. At the London wool sales there was a miscellaneous offering. Prices were unchanged. The Bradford tops market is quiet. Topmakers are very firm, with, quotations unchanged. CANTERBURY MARKETS. (BY TELEGRAPH PRESS ASSOCIATION. CHRISTCHURCH, Dec. 5. There is little in the market position warranting comment. There promises to he such a good yield of most crops that merchants are chary of forward business. On the other hand farmers are not disposed to trade at the lower values offering. Under the heading of plentitude of' supplies may be mentioned oats, chaff and ryegrass (particularly Italian and Western Wolths). It lias been in a good season for growth, and there is no apparent reason why potatoes should prove an exception. However, the critical month for potatoes is Februa.rv, and this is the neriod when the blight is most favoured. In regard to oats, the asiirauce of the heavy crop is curtailing forward business. F.o.b. sacks in quotations for April to June deliverv are 3s 71 d. Rvograss holders, are in an unenviable position. Notwithstanding the short rwop and high nnoes last season, there bns been a. considerable carrv over, and the prospects of a. big yield further embiarras.se« the position. Merchants '•i:0+o foi* E^bnia rv end March on the basis of no 6d f.o.b. There is no change to record in flm cocksfoot nositiou.