COMMERCIAL.

Taranaki Daily News, 23 September 1922, Page 5

COMMERCIAL.

FOREIGN EXCHANGES. THE LATEST RATES. By Telegraph.—Press AMOciatton. Received Sept. 22, 7.30 p.m. London, Sept. 21. Following are the current exchange rates, a comparison being given with the last re-

BERLIN BANK RATE. Received Sept. 22, 7.30 p.m. London, Sept. 21. The Berlin bank rate is 8 per cent. ENGLISH WOOL MARKET. Received Sept. 22, 7.50 p.m. London, Sept. 21. Thu Bradford tops market is unchanged. There is very little business, and quotatim s are nominally unchanged. .jjAt the Hull wool sales there Wui.-a goul attendance and animated couipetitfoik'Merinos were on n. par with the highest levels at the last London sales, while fine croMbreda were par to five per cent, dearer. LONDON MARKETS. Received Sept. 22, 7.30 p.»m. London, Sept. 21. Wheat cargoes are inactive, hut sellers are asking 6d to Is advance, in view of strength in American cargoes. Spot trade ts firm, but not active. Flour is quiet. Oats are firm and occasionally dearer Peas and beaus are quietly steady. Sugar.—Granulated 50a 9d. CANTERBURY MARKETS. By Telegraph.—Press Association. Christchurch, Last Night. The potato market continues to firm,, and to-day there was keen inquiry for whites up to £G. 5s to farmers at country stations. The Auckland demand is almost exclusively for whites. The Katoa is leaving Lyttelton today, and carries a consignment of about 6000 sacks, about 2000 each from Oamaru, Tlmaru and Lyttelton. The Opihi is sailing next Monday, and the Koromlko on Thursday or Saturday. It is understood that deliveries are booked for these boats. Dakotas ar© worth up to £5 10s and f.a.q.’s £5 ss. Oats are healthier in tone, due to Home and Australian inquiries. Business has been done on a basis of 2s 11f.0.b. sacks in for A grade Gartons and 2s BHd for B grade. A shipment of fifty to sixty thousand bushels of B’s has gone to Australia. The wheat position remains unaltered, and Ue same rsmark ajwll>j| <44

port (Sept. 18) and par:— Sept. 18. 58.60 Par. 25.355 Paris (fr.) .... Sept. 21. . 57.93 Stockholm (kr.) . 16.70 16.73 18.159 Christiania (kr.) . 26.27 26.13 18.159 Copenhagen (kr ) 21.27 21.07 18.158 Berlin (marks) . 6250 6550 20.43 Rome (lire) ... 104% 105% 25.255 Calcutta Is 3 9-16d Is 3%d 2s Yokohama 2s 2d 2s 2 5-16d 2s 0%d Hongkong . 2s 7d 2s 7d 2s Montreal (dol.) . 4.43% 4.42 4.884 New York (dol.) . 4.43% 4.48% 4.866