LONDON MARKETS

Sun (Auckland), Volume I, Issue 137, 31 August 1927, Page 2

LONDON MARKETS

FOREIGN EXCHANGES By Cable. —Press Association.—Copyright LONDON, Monday. Foreign rates of exchange on August 29, compared with par rates, or as averaged first half of 1914, are:— Brussels, fr. . . . 34.92 34.92 25.221 Paris, fr 124.00 124.00 25.221 Stockholm, kr. . . 18.11 IS.II 15.12 Oslo, kr 18.71 18.70 18.12 Copenhagen, kr . 18.16 18.15 18.12 Berlin, r.m. .. . 20.43 20.42 Rome, lire .. .. 89.55 89.25 25.221 Calcutta, pence .. 175 175 24 Yokohama, pence . 23 3-S 23 7-16 24.43 Hong Kong, pence 233 232 24 Montreal, do!. .. 4.55 13-16 4.86 1-16 4.566 New York, dol. . 4 S3} 4.SS 5-32 4.866 Amsterdam, florins 12.122 12.13} 12.107 Batavia, florins . 12.131 12.133 THE METAL MARKETS (Quotations on August 25 in parentheses.) Copper.—Spot, £55 Is 10? d (£s"* 10s 7!d); three months, £55 Ss 9d (£55 ISs 7id). Lead.—Spot, £22 13s 9d (£22 12s 6d); three months, £23 2s 6d ( £23). Spelter-—Spot. £27 !7s 6d < £27 12s 6cl); three months, £27 13s 9d (£27 10s). Tin.—Spot. £289 7s fid (£290 10s); three months, £285 7s 6d (£285 7s 6d). Silver.—Standard, 25}d (25’d) per oz: fine, 27£d (27 1-Sd). BRADFORD TOPS The Bradford tops market is quiet. The opening of the Sydney sales produced a firm undertone, but rot much business. WHEAT Wheat.—Cargoes are quieter owing to lower American quotations, and the finer weather in Europe, but prices are unchanged. Parcels were in small inquiry at threepence down Liverpool futures— October, 11s 11 Jd per cental;' December, 11s; March, 10s lid; May, 10s 9d.—A. and N.Z.