FOREIGN EXCHANGES

Sun (Auckland), Volume 1, Issue 25, 21 April 1927, Page 2

FOREIGN EXCHANGES

LONDON, Tuesday. The following rates on foreign exchanges are current to-day, as compared with the cabled quotations on April 15 and par:

METAL MARKET LONDON, Tuesday. (Quotations on April 12 in parentheses.) Copper—Spot, £55 15s 7J<l (£sl 7» Sd); three months, £56 5s 7£d (£55 bs 9d Lead.—Spot, £26 17s 6d (£26 lt> 9d) ; three months, £27 6s 3d C )• Spelter.—Spot, £3O 2s 6d Gd) : three months, £3O .s 6( J .A. Tin. —Spot, £306 2s 6d ( £303 J* three months, £299 12s 6d (£296 Silver. —Standard, 26}d (26 3-16 d) per oz.; fine, £8 5-16 d (28|d). LONDON STOCK EXCHANGE LONDON, Tuesday. The following quotations ruled on the London Stock Exchange:—Bank ot Australasia, £l4 6s 3d: Bank of - South Wales, £47 10s: Onion Bank or Australia, £ls 7s 6d; National Banket New Zealand, £7 ss; Bank of he* Zealand, 4 per cent., £93; Bank of N Zealand snares, 5Ss 9d; New Zealand Loan and Mercantile Agency s°™. panv’s debentures, £73 10s, ordin r> stock, £95. —A. and N.Z. SYDNEY WOOL SALES SYDNEY, Wednesday. The eighth series of wool sa, es commenced. The market is i rr '. with a lower tendency in values for a Merino fleece wools, while and comebacks and crossbreds realist" about late rates. d Greasy Merino sold to *.B2d. A. N.Z. CHICAGO WHEAT MARKET CHICAGO, April 19Wheat.— May, 1 dollar 331 cents P« bushel; July, 1 dollar 29 5-8 cents, hep tember, 1 dollar 28i cents. NEW EXCHANGE RATES LONDON, Tuesday. The associated Australian and - * Zealand banks announce that iro April 21 the selling rates on lust™" drafts and mail transfers will » ‘ per cent, discount and on cable tr fers 2s 6d per cent, discount. ", rates for purchasing documentary hills on Australia will be as foil o '* ; On demand. 27s 6d per cent. <Bs ooJn ’ 30 davs, 38s 9d; 60 days, 50s -d. days, Cls 3d.—A. and N.Z. SUGAR PRICE REDUCED DIFFERENCE OF 10s A TON Except in the case of No. 1 the price of all grades of the Colonial Refining Company’s sugar is to *> e duced 10s a ton from to-day. wholesale price of IA, the most p P lar table sugar, will thus be £25 a This price is still £3 higher than * September of last year. The P ric the beginning of 1925, however, £2B a ton. K

Brussels fr Paris, fr Stockholm kr. Oslo kr. Copenhagen kr. Berlin r.m. April 19. . 34.92 . 124.00 . IS.13 . IS.74 18.29 . 20.49 April 15. 34.92 124.00 18.13 IS.81 18.21 20.42 Par. 5.04; 25.225 18.159 18.159 15.159 20.45 25.225 Rome lire Calcutta pence 17 7-S 17 29-3 2 24 24i 7s66 4.S6« 12.10 12.10 Yokohama penc e Hongkong pence Montreal dol 24 24i 4.85} 242 4.So 7-16 New York dol 4.85 11-lb 4.»o Amsterdam fl *2.141 Batavia fl. 12.13 l-s.iu