LONDON MARKETS

Sun (Auckland), Volume II, Issue 487, 17 October 1928, Page 16

LONDON MARKETS

FOREIGN EXCHANGE RATES (Australian and N.Z. Press Association) (United Service) LONDON, Monday. The following- rates on foreign exchanges are current to-day, as compared with the cabled quotations on October 11 and

THE METAL MARKETS (.Quotations on October 11 in parentheses) Copper.—Spot. £64 18s lid (£64 16s 3d); three months, £65 6s 10Jd (£65 5s 21d). Electrolytic Copper. Spot, £7l 5s (£7l ss); three months, £7l 15s (£7l ss). Wire Bars. —Spot, £7l 15s (£7l 15s); three months, £7l 15s (£7l 15s). Lead. —Spot, £22 3s 9d (£22 Is 3d); three months, £2l 17s 6d (£2l 16s 3d). Spelter.—Spot, £24 (£23 18s 9d); three months. £24 5s (£24 ss). Tin.—Spot, £220 Is 3d (£219 13s 9d); three months, £217 12s 6d (£217 2s 6d>. Silver.—Standard, 26 9-16 d (23 13-16 d) per oz; fine. 2S 11-36 d (2S 15-16 d). WHEAT In spite of the week-end American easing cargoes are steady at late rates, buy buyers are indifferent. Six thousand tons by an unnamed Australian ship for India are quoted at 46s to 46s 6d. Parcels are in quiet request. Liverpool futures: October delivery, 9s 3£d per cental; December, 9s Sd; March, 9s 3d; May, 9s 3 5-Bd. BRADFORD TOPS The market has a better tone, but business is still scarce. f SYDNEY WOOL SALES HARDENING TENDENCY SYDNEY, Tuesday. At the Sydney wool sales to-day 12,085 bales were sold. Competition was vigorous. There was increased support from Yorkshire and the hardening tendency continued. Greasy Merino sold to 25ad. NEW SOUTH WALES FACTORIES Reed. 10.49 a.m. SYDNEY. To-day. The factories of New South Wales last year numbered 11,413, employing 148,958 persons, disclosing decreases of 416 and 2,664 respectively compared with the previous year. The clothing and textile works are the largest employers, followed by the metal trades. Only seven per cent, of the employees are juveniles.

8a lid for Engineer’s Bibs—At Bert Marshall’s.

par:— Oct. 15 Oct. 11 Par. Montreal, dol. 4.85 J 4.85} 4.866 New York, dol. .. 4.85 3-2 2 4.85} 4.866 Brussels, belga .. 34.S9 34.90} 5.045 Paris, fr 124.19 124.25 25.225 Stockholm, kr . . 18.14 18.133 18.159 Oslo, kr 18.20 18.19} 18.159 Copenhagen, kr. . 18.20 18.19 18.159 Berlin, r.m 20.37 20.383 20.43 . Rome, lire .. 92^8 92.67 25.225 Prague, kr. . . . . 1633 163g 24.02 Calcutta, pence .. 18 1-32 18 1-32 24 Yokohama, pence . 22 11-16 22« 24} Hong-Kong, pence 24g 243 Amsterdam, fl 12.10 12.108 Batavia, fl 12.09 12.088 12.10