COMMERCIAL.

Otago Daily Times, Issue 19155, 24 April 1924, Page 6

COMMERCIAL.

COLONIAL BANKING SHARES. ■*mm Association —By Teteeraph— Copyright LONDON, April 22. Bank of Australasia, £l3 sa; Bank of New South Wales, £39; Union Bank, £l4 7a 6d; National Bank of New Zealand, £6 13s 9d; Bank of New Zealand, £9l and 50s. —A. and N.Z. Cable DAIRY PRODUCE. The National Mortgage and Agency Company are in receipt of the following cablegram from Messrs A. J. Mills and Co. The butter market is firm. Salted, 152 sto 154«; unsalted, 156 s to 158 s. There is an improving tendency. Cheese is steady. White and coloured, 83s to 84s. PROPETRY SALE. Messrs Alex. Harris and Co. offered for sale by auction yesterday the freehold property of Mr A. J. Campbell, being sections 43 and 44, Kelvin Grove, containing 1 rood 8.68 poles, together with a four-roomed villa. The property was bought by Mr Gillett for £6lO. AUSTRALIAN MARKETS. Frees Association—By Telegraph—Copyright. SYDNEY, April 23. (Received April 23, at 10. S p.m.) Oats.—Tasmanian Algerian, 2s 9d to 3a lOd; Giants, 4s to 4s Id. Maize.—Yellow, 4s 6d; white, 4a 3d. Potatoes, £6 to £9. Onions, £8 10s. ADELAIDE, April 23. (Received April 23, at 10.5 p.m.) Oats.—Feeding, Ss to 3s Id. LONDON METAL MARKET. Frees Association —By Telegraph—Copyright LONDON, April 22. (Received April 23, at 8.50 pjn.) Copper —Spot, £54 13s 9d; forward, £65 Bs 9d. Lead.—Spot, £32 15s; forward, £3l 2s 6d. Spelter.—Spot, £32 12s 6d; forward, £32 7s 6d, Tin. —Spot and forward, £247 17s 6d. Silver, per ounce.—A. and N.Z. Cable. LONDON WHEAT MARKET, ftrsss Associat'/on—T.l. k r»oti —Gouyrich' LONDON, April 22. (Received April 23, at 8.50 p.m.) Wheat cargoes are steady. Australian are well maintained owing to good buying over the holidays. The Orthry*s sold at 48s 6d and the Indian City’s at 47s 3d. Parcels closed quieter.—A. and N.Z. Cable. FOREIGN EXCHANGE RATES. Press Association—By Teleg-aph—Copyright LONDON, April 22. The exchange rates are as follows:

•Determined by price of silver. The exchange rate on Berlin fpar 20.25 marks to the pound sterling) is 18J billions.— A. and N.Z. Cable.

Par. A pi. 18. A pi. 23. Paris, fr. to £1 .. 25.225 69.65 5.10 Brn«sels. fr. to £1 .. 25.225 81.37 75.95 Christiania, kr. to £1 .. 18.15!) 31.55 31.57 Copenhagen, kr to £1 .. 18.152 28.37 26.23 Stockholm, kr. to £1 .. 18.159 16.53 16.67 New York, dol. to £1 .. 4.88 4.35 4.3!)} Montreal* dol. to £1 „ 4.86 4.44} 4.47 Borne, lire to £1 ... _ 22.22} 98} 98} Hongkong, dol. to £1 .. . 283 28} Yokohama, «t. to ym '.. 31.5 224 — Calcutta, st. to rpe ... 10 to g-oW £1 16 13-16 13-16