LONDON MARKETS.

New Zealand Herald, Volume LXIV, Issue 19699, 27 July 1927, Page 9

LONDON MARKETS.

FOREIGN EXCHANGES. (Received July 26, 5.5 p.m.) A. and N.Z. LONDON, July 25. The following rates on foreign exchanges are current to-day, as compared with the cabled quotations on July 21, and par:— July 25. July 21. Par. Brußsels, belga . „ 34.93 34.93 35.00 Paris, fr. .. 124.05 124.00 25.225 Stockholm, kr. .. 18.12* 18.13 18.159 Oelo, kr. .. 18.80 • 18.79 18.159 Copenhagen, kr. . . 18.154 18.16 18.159 Berlin, r.m. .. 20.40 20.43 20.43 Rome, lire .. 89.30 89.31 25.225 Calcutta, pence ~ 17 7-8 17 7-8 24 Yokohama, pence . 23 9-32 23} 24} Hongkong, pence , 24 1-8 23} Montreal, dol. . . 4.86 1-16 4.86 5-16 4.866 Now York, dol. 4.85 13-16 4.85} 4.866 Amsterdam, fl .. 12.113-8 12.12 12.10 Batavia, fl ' .•. 12.12 12.12 12.10 THE METAL MARKETS.' (Quotations on July 18 in parentheses.) Copper.—Spot, £55 19s 4£d (£54 lis three months, £56 5s 7id (£54 18s l^d). Lead.—Spot, £24 7s 6d <£23 6s 3d); three months, £24 17s 6d (£23 13s 9d). Spelter.—Spot, £29 3s Id (£28); three months, £2B 13s 9d (£27 15s). Tin.—Spot, £2BB lis 3d (£291 7s 6d); three months, £283 (£282 2s 6d). Silver.—Standard, 26 3-16 d (26d) per oz; fine, 28Jd (28 l-16d). WHEAT. Wheat.—Cargoes are unchanged and demand is inactive. Parcels opened steady but closed dull at a decline of 3d. Sales, 54s to 54s 4|d. Liverpool futures.—July and October, 10s 11 3-8 d per cental; December, 10s lid; March, 10s 10jd; May, 10s 9£d. BRADFORD TOPS. On the Bradford tops market business is limited but all quotations are firmly maintained.