LONDON MARKETS

Sun (Auckland), Volume 1, Issue 47, 18 May 1927, Page 2

LONDON MARKETS

FOREIGN EXCHANGES By Cable.—Press Association.—Copyrighx LONDON, Monday. The following rates on foreign exchanges are current to-day, as compared with the cabled quotations on May 12 and par: „ , , May 16. May 12. Par. Brussels, belga .. 34.95 34 97 5 94Paris, fr 124.00 124.00 25.225 Stockholm, kr. .. 18.16 15.17 IS 159 Oslo, kr IS.SI IS.SI is!ls9 Copenhagen, kr .. 18.21 15.21 15.159 Berlin, r.m 20.50 20.52 > 0.43 Rome, lire 89.31 SO 90 25.225 Calcutta, pence . 18 17 15-16 14 Yokohama, pence 23 5 23 g 24 i Hong Kong, pence 24J 24§ Montreal, dol. .. 4.55 g 4.85| 4.566 New York, dol. .. 4.85 S 4.855 4.566 Amsterdam, fl. .. 12.131 12.145 12.10 Batavia, fl 12.13 12.13 12.10 METAL PRICES (Quotations on May 12 in parentheses) Copper.—Spot, £54 16s iO£d (£55 5s 7£d); three months, £55 8s ljd (£55 16s lOjgd). Lead.—Spot, £25 2s 6d (£25 6s 3d); three months, £25 12s fid (£25 18s 9d). Spelter.—Spot, £29 2s 6d (£29 6s 3d); three months, £29 3s 9d (£29 8s 9d). Tin.—Spot, £290 15s (£295 ?7s 6d), three months, £283 5s (£286 12s fid). Silver.—Standard. 25 13-16 d (26d) per oz; fine, 27 7-8 d (28 l-16d). BRADFORD TOPS The market is very sensitive and business is extremely qurel. Quotations are unchanged. WHEAT PRICES Wheat cargoes are steady at late rates, but the demand is weaker. By the Garth pool, 55s 3d. Parcels ire steady. Distant loadings are rather harder to buy, but small business was done. Liverpool futures, May, 10s 10d per cental; July, 10s 9d; October, 10s 5 7-8 d and N.Z.