LATE COMMERCIAL

Southland Times, Issue 22188, 2 December 1933, Page 6

LATE COMMERCIAL

LONDON MARKETS.

(United Press Assn.—Telegraph Copyright.) (Rec. 12.55 p.m.) London, November 30. Wheat Cargoes—Australians were freely offered at late rates. The demand is inactive. Parcels: Manitobas 3d to 6d dearer; others unchanged. Trading is dull. Futures: London, December 18/9, February 18/10, April 19/1; Liverpool, December 4/2J, March 4/61-, May 4/72. The spot trade is fairly active. Australian ex ship is quoted at 24/6 and 25/-. Flour—The market is quiet. Australian ex store 18/6. Oats and barley are steady and peas and beans quiet. TEA PRODUCTION. INCREASE LAST YEAR. (British Official Wireless.) (Rec. 5.5 p.m.) Rugby, November 30. The International Tea Committee announced at Amsterdam that the reduction of 15 per cent, on tea production had been reduced to 12J per cent, for the year beginning April 1 next. This means that approximately an additional 20,000,0001 b of tea will become exportable. FOREIGN EXCHANGES. (British Official Wireless.) Rugby, November 30. The following rates of foreign exchanges are current to-day compared with par:—

LONDON STOCK EXCHANGE. (United Press Assn.—Telegraph Copyright.) London, November 30. Shares are quoted: Peninsular 17/3J; Mount Lyell 17/6; New Guinea 5/-.

Par. To-day. Paris, fr. 124.21 84 15-32 New York. dol. 4.866 5.17£ Montreal, dol. 4.866 5.09 Brussels, belga ' 35.00 23.751 Geneva, fr. 25.22 17.09 Amsterdam, fr. 12.10 8.22 Milan, lira 93.46 62;] Berlin, r.m. 20.42 13.85 Stockholm, kr. 18.159 Copenhagen, kr. 18.159 22.40 Oslo, kr. Vienna, sch. 18.159 19.90 34.585 30 Prague, kr. 20.02 111 Helsingfors, mark 124.23 2261 Madrid, kr. 15.225 40 7-16 Lisbon, escu 41 110 Athens, dr. 570 575 Bucharest, lei 25.525 560 Belgrade, kr. — 242 Rio de Jeneiro, mil. 4.898 4 1-16 Buenos Aires, dol. 45.57d 35g Montevideo, dol. 45.57d 354 Bomba", rupee — 17 31-32 Shanghai, tael Hong Kong — 15g — 17 Yokohama, p. to yen 25.582 14 9-32