COMMERCIAL

Taranaki Daily News, 18 November 1920, Page 5

COMMERCIAL

LONDON MARKETS. By Telegraph.—Press Awn.—Copyright Received Not. 17, 5.5 p.m. London, Nor. H. V. and 0. Shares.—Buyers £l6O, teller* £470. The price of told has been fixed at 120 a Sd per ounce.., The United States it taking the small quantity offered. Bunks.—Australasia, £B3 10s; New South Wales, £2B ss; Union, £l2 Ss; National of New Zealand, 120s; New Zealand, £73 15s and £23 ss. New Zealand Loan and Mercantile, £'! and £9s.—Aus.-N.Z. Cable Assn. FOREIGN EXCHANGE RAT6B. London, Nor. 15. Foreign exchange rates ore: Paris, 58.40 francs; Sionkliolra, 18 kroner; ChrtotUnU, 2.1.'58 kroner; Coilouttn, 20Kd; Yokohama, 35% yen; Montreal, S dollars 19 cents; Ne* York, 3 dollars 37% cents. METAL MARKETS.) London, Nor, 15. Copucv ' ion, £81! 15s; three moattha, £S4 12s 6d; electrolytic, £!M and £»« . Load, £34 10s and £,12 lte. Spelter, £34 )Ss and £36 ss, Tin. £237 and £242 15s. ■ Silver, £sl 7s Cd. AUSTRALIAN WOOL SALES.. Sydney, Nov. 17. v At the wool sales, prices were weaker tad showed a drop of 5 to 10 per cent, for good suiwr ond 10 to 15 per cent, for fsulty. Melbourne, Nor. 17. The wool sales were, dull and price* dropped 10 to 50 per cent, below the first series. Some faulty top parking lots failed to ellr.lt a bid. CANTERBURY GRAIN AND PRODUCE * MARKET. Chrlstcrurch, Nov. 1». The quietness existing for some time in the grain and produce market has been aggravated during the holidays, business bain; practically at a standstill. Thfr expected , activity in the oat market as a result oi Hie opening of the trade, with the Old Country has not materialised.' The chn.ll tnarket Is lifeless, and £5 a ton at country stations fully covers the offers. The North Island demand fcns practically disappeared. Practically all subsidiary lines been <l«iet during the past fortnight. The only exception is in the case of perennial rye, a substantial line of which was sold for tfct south at 7s 6d per bushel.