LONDON MARKETS

Sun (Auckland), Volume I, Issue 149, 14 September 1927, Page 2

LONDON MARKETS

FOREIGN EXCHANGES By Cable.—Press Association.—Copyright FOREIGN EXCHANGES Foreign rates of exchange on September 12, as compared with par rates, or as averaged first half of 1914, are:—

Sept. 12. Sept. S. Par. Brussels, fr 34.91 34.91 25.225 Paris, fr 124.00 124.00 25.22 J Stockholm, knr. . 18.10 18.10 18.12 Oslo, km- 18.40 18.42 18.12 Copenhagen, knr. 18.10 18.16 18.12 Berlin, r.m 20.44 20.43 Rome, lire . . . . 89.40 89.45 25.22 J Calcutta, pence . 18 17 15-16 24 Yokohama, pence 231 23 5-16 24.43 Hong-Kong, pence 23 1 231 2 4 Montreal, dollars 4.86 3-16 4.86 1-16 4.566 New York, dollars 4.86 4.86 1-16 4.566 Amsterdam, fl. .. 12.13 J 12.125 12.107 Batavia, florins . 12.131 12.132, THE METAL MARKETS

(Quotations on Sept. 8 in parentheses.) Copper. —Spot. £54 6s 10|d (£54 10s 7Jd); three months, £54 18s lid (£55 0s 7£d). Lead. —Spot, £2l 2s 6d (£2l 16s 3d); three months, £2l 15s (£22 7s 6d). Spelter.— Spot, £27 Is 3d (£27 Ss 9d); three months. £27 (£27 Ss 9d). Tin.—Spot, £2BB (£289 2s 6d): three months, £2Bl 2s 6d ( £2S4 7s 6db Silver.— Standard, 25 5-Sd (25?.d) per oz; fine, 27 5-Sd (27?.d). WHEAT Wheat.—Cargoes are dull, mostly at 3d decline, owing to the lower American price and the bear ish report of the Canadian crop. Parcels are in small inquiry and fell Is to_ Is 6d. Liverpool futures: October, 10s {>|d per cental; December, 10s id; March, 10s 7id; May, 10s sd. BRADFORD TOPS The Bradford tops market is very firm and the tone is confident, but new business is small. LEAD MARKET The imports of lead total 22,535 tons, and the exports 1,3G2 lons.—A. and N.Z.iaun. i

PORT CAROLINE DUE T ,°ea!o«^i —The C. and D. * „£ *t 7 ££ Caroline left New .Plymouth Iff yesterday for Auckland ai* 4 S? to-morrow to continue c Tuesday next for " f 3 ny completes loading and » • (:a peJJ2 September 24 for The Farmers' Auctioneer:tlit- local agents.