THE LONDON MARKETS.

New Zealand Herald, Volume LXIX, Issue 21159, 16 April 1932, Page 5

THE LONDON MARKETS.

PRICES FOR METALS. TIN AND COPPER FIRMER. (Received April IS. 30.15 p.m.) LONDON, April It. (Quotations on April 13 in parentheses.) Copper.—Spot, £29 9s three months, £29 15s 7Ad (£29 14s 4jd). F.iytrolytic Copper.—Spot, £5-5 (£34): ihrco months, £34 10s (£34 10s). Wire Bars, £34 10s (£34 10s). Lead.—Spot, £ll 6s 3d (£11) ; three months, £ll lis 3d (£ll ss). Spelter.—Spot, £ll 8s 9d (£ll 2s 6d); three months, £ll 15s (£ll 10s). Tin.—Spot, £lO3 17s 6d (£lO3 10s); three months, £lO6 Is 3d (£lO5 7s 6d). WHEAT, FLOUR AND PULSE. Wheat.—Cargoes are offered at 3d to 6d down, but the undertone of the market is steadier following an increase in Italian quota and the easier sterling rate. There is fair Chinese and Japanese inquiry for Australians, but bids are below market values. By the King William, 27s 6d. Parcels are in quiet demand at 3d to 6d down. By tho Temeraire, 27s 3d; by the Largs Bay, 27s net. Futures.— London: June, 25s Id a quarter; September. 25s 8d; December, 26s 4d. Liverpool: May, 5s 3 l-8d a cental; July, 5s sgd; October, 5a 8 5-Bd. The spot trade is quiet. Australian ex ship, 28s 9d to 295. Flour: Firm. Australian ex store 20s 6d to 225. Oats: Firmer. Australian Algerian, 18s to 19s; A Gartons, 22s 6d to 23s 6d. Peas: Quiet. Maples: Tasmanian, 66s to 67s 6d: New Zealand,.. 64s to 655; blue Tasmanian, 360s to 380s; New Zealand, 3405. Beans: New Zealand, 29s to 30s. Sugar, May, 4s Old. FOREIGN EXCHANGES. . STEKLTNf! A SHADE EASIER. The, following rates on foreign exchanges arc current, compared with the cabled quotations on April 13 and par:—

CUSTOMS EXCHANGE RATES. Kates of exchange ruling at tlie announced date of departure of tho vessels named are shown in tlio following table. They arc subject to oontirmation by tlie Customs Department when the exact time of departure is learned on the arrival of the vessels in Now Zealand, finally declared rates being marked*:— Aorangi, Cnnitcla. dollars . . . . 4.15 Golden Cross, U.S.A., dollars . . 3.70$ Brisbane Mnru, Japan, yen . . . . 2HH Bcnliolm, U.S.A., dollars . . . . 3.775 AMERICAN WHEAT PRICES CHICAGO, April H. Wheat.—May, 60;] cents a bushel; July, boii cents; September, 65J cents. The New York quotation for cash is 7o 1-8 cents.

April 11. April 13. Par. Montreal, do! . . ■t. lo'. 4.10 1.800 New York, clul. . . :?,77 .'1.785 •1.800 Paris, fr nr. il k 05} 124.21 Brussels, hclpi . . 22.'.)() 27.025 35.00 Oenfvii, fr. in: 10.15 25.22 Amsterdam, 11- • • 0.;!l.', 0.335 12.10 Milan, lire TM m 02.10 Berlin, r.m. . . 15: 15 15-10 20.13 Stockholm, kr. . . r.1.75 10;05 18.150 Copenhagen, kr. . 18 n il'. 18 5-1(1 18.150 < iplo, kr. 10 !> 10 10 7*10 18.150 Vienna, sch. . . :>-2 32 31.585 Prague, kr. . . 127.50 1-27.50 10-1.25 Helniiififors, mark 21.") 215 120 23 Madrid, pes. . . 40.50 ■10.75 25.221 Lisbon, escu . . 100.75 100.75 110 Athens, dr. 300 300 375.00 Bucharest, lei. . . 03-2.r,o <137.60 813.0 Kio de Janeiro, mil. 4.25 u 5.800d Buenos Aires, dol. lit. 5-10 30.50 40.010d Montevideo, dol. . 20 20 5 Id Bombay, rupee . . is 1-10 18 1-1(1 I8d Shanghai, tnel . . in 13-10 10 13-10 — Hongkong, dol. . Yokohama, yen. . M ll-lf MJ — 21J 21 2t.58d Batnvia, fl. 0.:t7 — 12.10 Warsaw, zlotys 33.70 — 43.38