MONEY AND MARKETS

Evening Star, Issue 19658, 10 September 1927, Page 12

MONEY AND MARKETS

FOR El G N EXCHA XGES. Ficss Association—By Telegraph—Copyright. LONDON, September 8. (Received September 10, at 1 a.m.) The,, •exchange 1 rates on London are as follow;

GOVERNMENT SECURITIES. LONDON, September 8. (Received September 10, at 1 a.m.) The, following are the latest quotations for Government securities: —

THE METAL MARKET. • | LONDON, September fb j Coppers .Spot; : ,£s4 10s-7-id?; : forward,, £55 Os 7sd. .. . ~ ] Electrolytic: Spot, £62; forward, £62 1 SS. , • ■■■■ i Wi ro bars. £62 ss, , ' , ■ . : Lead: Sppt'£2l,lCs Sd;-forward, £22 7s 6d. Spelter: Spot, £27 8s 9d;* forward, £27 8s 9d. ~, Tin: Spot, £289 2s ,6d; forward, £284 7s 6d. Silver: Standard, 25-id per oz ; fine, 27R ' . f . ANTWERP WOOL SALES. - ANTWERP, September 8. At tbe. wool' sales 2,000 bales of■ Austialian* wool ncio sold at 5 per cent. higher.-)

r. AM* O. DEFER lira STOCK. P. and 0. Deferred stock is quoted at £273. WHEAT, OATS, ETC. LONDON, September 8. Wheat cargoes, in sympathy with closing American quotations, were occasionally easier and inactive. Parcels were in poor request, and unchanged. Liverpool futures: October, 10s 8d; December, 10s 9fd; March, 10s 9d; May, ]os 7d. Spot trade was slow. Australian, ex store, 465. Flour was dull. Australian, ex store, 40s 6d. Oats were steady. ‘ Australian, Algerian, 27s to 28s; A grade Gartons, 29s to 30s. Peas: Blue were in poor demand. Tasmanian, 320 s to 3COs; New Zealand, 320 s to 3405. Maples wore dull. Tasmanian, 9os to 97s 6d; New Zealand, 90s to J)2s 6d. New Zealand beans, 46s to 475. BUTTER AND CHEESE. LONDON, September 8. Butter was firm, but quiet, after .active trading early in the week. Danish, 190 s; choicest salted New Zealand, 176 s to 178 s; Australian, 174 s to 1765; unsalteds were in limited supply—New Zealand, 180*5 to 184 s; Australian’, 174 s to 18-»s. .. „ , , Cheese was firm. New Zealand, 9ns to '9Bs";"Australian,. 945. SHEEPSKIN SALES. LONDON. September 8. At the sheepskin sales 4.800 bales were offered There was aif average .selection and a fair attendance, with moderate competition, chiefly lor the Home trade There were considerable withdrawals. Prices generally were par to 5 per cent, below those ol .July, except for lambskins, which ncrc him, owing to Continental buying. BRADFORD WOOL MARKET. 'LONDON, September 8. The Bradford market had a good tone, hut spinners are not getting .better prices; consequently business was small, with quotations unchanged.

Sept 1. Sept. 8. Paris, franc to £1 124.00 P24-.no Brussels helgns to £i 34.02 2i.nl Oslo, kroner to £\ 18.18 18.42 Stockholm, kroner to X-I ••• 18.11. 18.10 Copenhagen, kroner to £\ ... 18.1G IS.lli Berlin, rcichmarkcn to ... 20.43 20.40 Montreal, dollar to /T1 4.8.1 15-Ki 4.8U IMG New York, dollar to £1 ... 4.8G MU •l.SG’ Yokohama, s>t. to yen 2:1J 20 1-10 Hongkong, st. to dollar ... 23 4 ‘ Calcutta, st. to rpe., 1G to gold ' 17 11-1G 17 I1-1G Rome, lire to £i ... ... ... 80.30 80.41 Amsterdam, guilder to ... I2.KU 12.122Batavia, guilder to £I 12.U 12.13’

Imperial Consols, 2J- p.c War loan, 5 p.c.. 1929-47 ... ... 102 2 0 G War loan, 31 p.c., 1925-28 ... 00 12 (i Conversion' loan, 31 p.c ... (o 0 0 Commonwealth (5 p.c., 11-31 -41 ... 102 0 0 Commonwealth-■-loan.- ... - ... 98 7 ft New Zealand 6 p.c., 1336-51 ... 307 2 (1 Now Zealand 4 p.c., 3929 ... 90 3 0 New Zealand 31 p.c . 1 WO ... . .... _■ 87 ■ -ft • 0New Zealand 3 p.c., 10-1.5 ... 77 7 0 New South Wales ft p.c., 1030-40 ... 103 2 (i New South, Wales (i. .p.c.. .10:50*40 ... 302 18 I) New South p.c., *‘1922-32 ..r mi 17 ft New South Wales 4 p.c., 1938 ... ... 93 32 ft New. South. 1 Wales 0’.' p.c.,. 193U-50 ...• 85 2 1) New South’ Wales 3 p.c., 1035 ... 75 15 0 Victoria 51 .p.c., 1030*40 ... J00 7 ft Victoria 5 >.c., *1032*42 . .... .95 7 ft Victoria 31 p.c., 1020*40 ... = ... ... ... 70 15 0 Victoria, 3 p.c., 1020-40 ... 72 2 (i Queensland 6 p.c., 1039-40 ... ... ... 1(V2 5 0 Queensland *31 p.c., ! 1030 ..1 05 15 0 ft Queensland 3 p.c., 1022-47 . ‘ ... 72 0 South Australia (IJ; p.c., 1030-40 ... ... 103 5 0 South Australia 31- p.c..- 103J ... 85 0 I) South Australia 3 p.c., 39U> or after ... til ft West Australia fi 193U-4.0 ... 302 0 ft West Australia 3J p.c., 1920-35 ... ... 80’ 0 ft West .Australia 3 • p.c., . 1015-35 ... 80 0 0 Tasmania 6} p.c.,’ 1930-40 ... ... ... 103 7 ft Tasmania.. 31 p.c., 1020-40 ... ... ... 84 6 Tasmania 3 p.c., 1920-10 ... ... ... 7,8 0 0