LATE COMMERCIAL

Southland Times, Issue 18847, 12 June 1920, Page 5

LATE COMMERCIAL

THE ENGLISH MARKETS. (By Telegraph.—Press Assn.—Copyright.) LONDON, June 10. (Received June 11, 11.33 p.m.) Moat cargoes are inactive. Australian on the passage sold at 96/-. There is a quiet trade in spot wheat, with little offering. Flour is quiet, and steadily held. Australian is quoted at G5/9. Oats are steady. La on spot, SS/G to SS/9. Beans and peas arc quiet, anti prices unchanged. Sugar is unchanged. At the wool sales Merinos, mainly Western Australian, had a better sale at full late rates. Crossbreds were firmer, with more genera! competition. Tlte Bradford market Is practically unchanged, and little business is doing. Sixtyfour’s quality make 123 d, fifty-sixes SOti, fifties GOd, forty-sixes 3Sd. THE MONEY MARKET. LONDON, June 10. The short loan rate is 31 per cent- ; three months’ bilks, Cj per cent. Consols, 30 L Imperial war loans, 82:,' and 85; Commonwealth war loans, 9G.1 and 94&; Victorian 4’s 98:f; 3-Fs 81 and 5/1; 3’s 59 ,'. New South Wales 4’s 75]; 3J’s 63, 3’s 591. New Zealand 4’s 82, 31's 65;; 3 s 5< ?. South Australian 3j's 05, 3’s 475. Tasmanian 3Vs 631, 3's Gl. FOREIGN EXCHANGE. LONDON, June 10. Par. June 7. June 10. Paris (fr.) 25.22 50.60 51.1 1 Christiania (kr.) IS.IG 21.05 22.00 Stockholm (kr. I 18.15 18.03 14.12 Calcutta (rpe.) 1.11 253 d 24|d Montreal (dol.) 4.85 4.38 4.44 New York (dol.) 4.SG 3.59J 3.92 THE METAL MARKET. LONDON, June 10. (Received Juno 12, 12.5 a.m.) Copper, on spot, £39 7/6; forward, £92 7/6. Electrolytic, on spot, £108; forward, £lO9. Lead, on spot, £35 16/-; forward, £37 10-, Spelter, on spot, £42; forward, 244. Tin, on spot, £235 15/-; forward, £241 10/-. Silver, 49 Jd per ounce.