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LATE COMMERCIAL

WHEAT CARGOES. (United Press Assn.—Telegraph Copyright.) London, October 10. Wheat cargoes are quiet, sellers adhering to late rates. Parcels are in quiet demand and unchanged. Futures, London December 23/3; February 22/Il; April 23/1. Liverpool, October 5/38; December 5/4; March 5/31. WHEAT PRODUCTION. ESTIMATE OF AMERICAN CROPS. (Rec. 7 p.m.) Washington, October 10. The Department of Commerce in its crop report indicated that production of the majority of crops was slightly above the September estimates, while spring wheat would be one per cent, less. The total wheat anticipated was 711,707,000 bushels compared with 894,000,000 bushels harvested in 1931. The estimated wheat production in 35 Northern Hemisphere countries, excluding Russia and China, would be 3,145,555,000 bushels compared with 3,103,809,000 in 1931.

THE METAL MARKET.

(Rec. 8.40 p.m.) London, October 10. Quotations compared with those for October 6 are:—

FOREIGN EXCHANGES.

(British Official Wireless).

(Rec. 5.5 p.m.) Rugby, October 10. The following rates of foreign exchange are current to-day compared with par:—

.p Oct. 6 Oct. £ s 10 d s d Copper, standard— Spot 32 14 4J 31 15 Forward 32 16 10J31 18 9 Copper, electrolyticSpot 37 0 0 36 0 0 Forward 37 15 0 37 0 0 American 6.25 cents Wire bars 37 10 0 37 0 0 Lead— Spot 12 8 9 11 17 6 Forward 12 13 9 12 2 6 Spelter— Spot 14 17 6 14 10 0 Forward 15 2 6 14 16 3 Tin— Spot 149 3 9 148 2 6 Forward 150 12 6 149 8 9 Silver (pence)Standard 17 11-16 173 Fine 19 1 -16 19 1-8

To-day Par. Paris, fr. 87 15-16 124.21 New York, dol. 3.45 3-8 4.866 Montreal, dol. 3.79? 4.866 Brussels, belga 24.85 35.00 Geneva, fr. 17.86 25.22 Amsterdam, fr. 8.58 25.22 Milan, lira 67 7-16 93.46 Berlin, r.m. 14 17-32 18.159 Stockholm, kr 19.47J 18.159 Copenhagen, kr 19.271 18.159 Oslo, kr. 19.75 18.159 Vienna, sc 29 J nom. 34.585 Prague, kr. 116 3-8 24.02 Helsingfors, mark 232J 124.23 Madrid, kr 428 25.225 Lisbon, escu 110 Athens, dr. 580 275.000 Bucharest, lei 580 25.225 Belgrade, dinars 2371 252.215 Rio de Janeiro, mil 5 7 -32 nom. 5.898d Buenos Aires, dol Nominal 47.57d Montevideo, dol. 30 nom. 47.57d Bombay, rupee 18 5-32d 18d Shanghai, tael 21Jd — Hong Kong, dol. 16 l-8d ■ Yokohama, yen 16 7-16d 24.58d

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19321012.2.91

Bibliographic details

Southland Times, Issue 21835, 12 October 1932, Page 8

Word Count
388

LATE COMMERCIAL Southland Times, Issue 21835, 12 October 1932, Page 8

LATE COMMERCIAL Southland Times, Issue 21835, 12 October 1932, Page 8