COMMERCIAL.

Taranaki Daily News, 20 September 1922, Page 5

COMMERCIAL.

FOREIGN EXCHANGES. THE LATEST RATES. By Telegraph.—Press Assn.—Copyright. Received Sept. 19, 7.50 p.m. London, Sept. 18. Following are the current exchange rates, a comparison being given with the last report • (Sept. 14) and par:—

CANTERBURY MARKETS. By Telegraph.—Press Association. Christchurch, Last Night. Oats are somewhat firmer as a result of Home values presenting a slight margin for export, and some shipping from the south has already taken place. Should the present international complications become worse the market would be influenced, and this possibly may have something to do with the present firming. A’s are worth to 2s 44 and B's to 2s 2d at country stations. The potato market is steady, prices being a shade firmer. Up to £6 at country stations has been offered for whites, and from £5 10a to £5 12s 6<l for dakotas, and reds from £5 to £5 ss. Farmers are still offering very sparsely. The Katoa sails on Thursday with, it is understood, only a moderate consignment, the required space being unavailable on account of other produce being previously booked. The following steamer will not until next week. All classes of seeds are very quiet. LONDON MARKETS. The Department of Agriculture has received the following cablegram, dated September 16, from the High Commissioner for New Zealand, London : MEAT. Market remains steady for mutton and lamb. Beef market steady. New Zealand Mutton.—Lightweight: September 16, 7%d to 8d; September 9,7 d to 8d; September 2, 6%d to 7%d. Medium: September 16, «%d to 7%d; September 9, 6 3-8 d to 6 7-8 d; September 2,6 d to 6%d. Heavyweight: September 16, 6d to 6%d; September 9, 5%d to 6%d; September 2, 5%d to 6d. Ewes: September 16, 5d to 6d; September 9, 4%d to 5%d; September 2, 4%d to 5 l-Bd. New Zealand Lamb.—Best quality, lightweight, September 16, ll%d to Is; September 9, lid to 11 5-8 d; September 2, lid to 111£d. Medium: September 16, ll%d to ll%d; September 9, lid to 11 3-8 d; September 2, lOJfcd to 11 %d. Heavyweight: September 16, lOd to 10%d; September 9, lOd; September 2, 9%<L Ordinary: September 16, ll%d; September 9, lid; September 2, 10%d to lid. Second-class quality: September 16, 11 %d; September 9, lid; September 2. 10%d to lid. New Zealand Beef.—Ox hinds: September 16, 4 7-8 d; September 9, 4%d; September 2, .4 5-Bd. Ox fores: September 16, 3%d; September 9, 3 l-8d; September 2,3 d. BUTTER. Demand has fallen off considerably, but holders are firm and prices have advanced slightly. Official quotations are New Zealand.—Salted: September 16, 214 s to 218 s per cwt. (Is 10%d to Is 11%-d per lb.) ; September 9,212 s to 216 s per cwt. (Is 10%d to Is lid per lb.) ; September 2,206 s to 214 s per cwt. (is lOd to Is 10%d per lb.). Unsalted: September 16, 224 s per cwt. (2s per lb.) ; September 9,224 s per cwt. (2s per lb.) ; September 2,222 s to 224 s per cwt. (Is ll%d to 2s per lb.). CHEESE. Market quiet but steady. Official quotation* are:— New Zealand.—September 16: Colored, SB* to 90s per cwt. (9%d to 9%d per lb.) ; white, 90s to 94s per cwt. (9%d to 10d per lb.). September 9 : Colored, 84s to 88s per cWt. (9d to 9%d per lb.) ; white, 88s to 92s per cwt. (9%d to lOd per lb.). September 2: Colored, 82s to 86s ner cwt. (B%d to 9%d per lb.); white, 86s to 90s per cwt. (9%d to 9%d pel lb.). Stocks of New Zealand cheese on hand at the Surrey Commercial Dock on September 1& was 150 crates, against 4792 crates on same date last year. The s.s. Malmoa is discharging New Zealand

Paris (fr.) Sept. 18. Sept. 14. Par. 25.255 58.60 58.47 Stockholm (kr.) . 16.73 16.72 18.159 Christiania (kr.).. 26.13 26.46 18.159 Copenhagen (kr.) 21.07 20.86 18.159 Berlin (marks) .. 6550 6775 20.43 Rome (lire) 105% 105% 25.255 Calcutta 18 3%d Is 8%d 2s Yokohama .. 2s 2 5-16d 2s 2 7-16d 2» 0(id Hongkong 2s 7d 2s 7d 2s Montreal (dol.) .. 4.42 4.42% 4.866 New York (dol.) . 4.48% 4.41% 4.886