LONDON MARKETS

Sun (Auckland), Volume II, Issue 403, 11 July 1928, Page 12

LONDON MARKETS

FOREIGN EXCHANGE RATES (United P.A.—By Telegraph — Copyright) (Australian Press Association) LONDON, Monday. The following rates on foreign exchanges are current to-day, as compared with the cabled quotations on July 5 and par:—

Prague, kr 164 J 24.02 Calcutta, pence . 17 15-16 17 15-1 G 24 Yokohama, pee. . 22 13-16 22 13-16 241 Hong-Kong, pee. 24 9-16 243 Montreal, dol. . . 4.SS 5-16 4.58 15-32 4.56 G New York, dol. 4.57 S 4.SS 11-32 4.566 Amsterdam, fl. . 12.083 12.093 12.10 Batavia, 11. . . . 12.11 J 12.12 12.10 The Metal Market (Quotations on July 5 in parentheses.) Copper.—Spot, £62 15s 7id (£63 0s 72sd); three months. £62 18s 9d (£63 3s lid). Electrolytic Copper.—Spot, £6B 10s (£6B 10s); three months. £69 (£69). Wire Bars.—Spot, £69 (£69); three months, £69 (£69). Lead. —Spot, £2O 3s 9d (£2O 10s); three months, £2O 13s 9d (£2O 17s 6d). Spelter.—Spot, £25 3s 9d (£25 Ss 9d); three months, £25 Is 3d (£25 Ss) Tin.—Spot, £206 16s 3d (£206 13s 3d); three months, £204 8s 9d (£203 13s 9d). Silver.—Standard. 27 l-16d (27id) an ounce; line, 29 S-16d (29 7-16 d). Bradford Tops Business on the Bradford tops market is practically at a standstill awaiting the opening of the London wool sales. Wheat Wheat.—Cargoes are quiet. There are good crop reports, but shippers show little disposition to press sales. Parcels are in small demand and are lid to 4id easier. At Liverpool by the Buteshire, 525. Liverpool futures: July, 10s 2d per cental; October, 10s 6d; December, 10s 6~d. Apples and Pears The Vedic’s Tasmanian apples sold as follows: —Sturniers, 10s to 12s; Rokewoods, lls 6d to 12s 6d; Cleopatras, 10s Gd to lls. The Tongariro’s New Zealand apples sold as follows:—Stunners, 10s 6d to 12s 6d; Delicious, 13s to 15s: Doughertys and Rokewoods, 13s to 14s. The Benalla’s Victorian pears were practically worthless. The Somerset’s New Zealand pears were variable. The Winter Nellis (trays) realised 7s. The Tongariro’s New Zealand pears were excellent. The Winter Nellis fetched from 4s to 7s 6d, the Josephines from 6s to Bs. BUTTER AND CHEESE Joseph Nathan and Co., Ltd., have received the following cable this morning from their London house, Messrs. Prengrouse and Nathan, Ltd., Tpoley Street: Butter, 178 s; more going-. Cheese, nominally 110 s.

Brussels, belga July 9 34.91 July 5. 34.92 Par. 5.045 Paris, fr . . . . Stockholm, kr. 124.25 25.225 18.17 IS.17 18.159 Oslo, kr 18.21 18.22 18.159 Copenhagen, kr. 18.20 IS.20 IS. 159 Berlin, r.m. . . . 20.40 20.41 20.43 Rome, lire . . . . 92.84 92.78 25.255