Commercial.
FOREIGN EXCHANGE BATES. Lo don, Oct. 20. Foreign rates ot exchange on Oct. 20th as compared with par rates or as averaged first half of 1914. are as follow: Par Oct. Oct.
BANK OF ENGLAND RETURNS. WEEKLY COM PA RISON. London, Oct. 23. The Bank of England returns for the past week afford the following comparisons :— ~, . . Last Week. Tins Week. £ £ lieserve 24,784,000 25,332,000 Bullion 126,659,000 126,660,00* Proportion reserve to liabilities 19,38 19.90 Notes in circulation * 123,450,000 122,906,000 Public deposits 12,056,000 14,758,000 Other deposits 115,878,000 112,497,000 Govt, securities 42,233,000 42,468,000 Other securities 78,571,000 77,116,000 Short loan, 2| per cent; three months’ bills, 3’ per cent. f PRICES OF METALS. London, Oct. 23. « Copper : Spot £62 18 s 9d. forward £64 2s 6d. I Lead: £37 and £35. Spelter: £33 18s 9d and £33 13s 9d. Tin: £253 12s 6d and £255 12s 6d. Silver: Standard 2s Hid. line 3s 2s 1-16 d per ounce. GOLD PRICE. The price of gold is quoted at £1 12s per ounce. BRADFORD TOPS. In the Bradford tops market business ‘ is limited and enquiry small. Quota- ■ tions are nominal. 64’ s 77d, 60’s 70d, ' 56’s 50d, 50’s 38|d, 46’s 29$d. | WHEAT CARGOES DULL. j Wheat cargoes are dull owing to drops in America and Canada and de- i dined sixpence to a shilling. Parcels closed sixpence to a shilling down with . small business. The spot trade is verv slow, prices tending easier. FLOUR. OATS ETC. Flour: Quiet. Australian 47s 6d to 48b ex-store. Oats: Flat, easier. Peas and beans: Quietly steady. Sugar: Unchanged. DAIRY PRODUCE, The butter market is very quiet and price s slightly easier. New Zealand choicest 226 s to 228 s Australian 206 s to 210 s. exceptionally 2165, unsalted 214 s to 2205. Cheese is firm. New Zealand coloured 945, white 955. AUSTRALIAN EGGS SELL WELL, j Neu South Wales and West Australian eggs are selling readily at 20s to 21s per 120. The condition and quality are excellent.—(A. and N.Z.) The following is a copy of a cable received by Dalgety and Company, Ltd., Napier, from their head office, London, dated 23rd October, 1924: —Tallow: 1020 casks were offered at auction and 920 sold. Since our last wire, prices arc higher by 6d to Is per cwt. NEW ZEALAND PRODUCE. ’ The New Zealand Loan and Mercantile Agency Co. Ltd., has received the following cablegram from its London house under date 22nd, inst.; — Tallow; —We quote present spot values lor the following descriptions : Fine mutton 52s 3d per cwt-; good beef 50s 9d, mixed 46s 6ci. Market active. New Zealand Dairy Produce. —Butter: Choicest salted 226 s to 228 s per cwt. Cheese: 92s to 95 s per cwt. Market quiet but firm.
16 20 New York, dole, to all 4.86 2-3 4.49J 4.483 93.25 4.49J 4.49 93.50 86 16.87 31.46 Montreal, dols to £1 brusselB, franca to £1 4.86 2-3 25.225 Paris, francs to £1 ... HtockUoiin, knr. to £1 CUrutiunxa, knr to £1 25.225 18.159 18.159 16.85 31.64 knr. to 1 Koine, lire to £1 18.159 25.22i 102t£ 103* Yokohama, pence to 24.43 20J 201 Calcutta, pence to 25 18J S8I Hong-Kong, pence to 25 29 28;* Marks are quoted at 183 billions to the The par rate is 20
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Bibliographic details
Hawke's Bay Tribune, Volume XIV, Issue 272, 25 October 1924, Page 8
Word Count
540Commercial. Hawke's Bay Tribune, Volume XIV, Issue 272, 25 October 1924, Page 8
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