COMMERCIAL.

Taranaki Daily News, 25 September 1922, Page 2

COMMERCIAL.

STABILITY OF CANADIAN DOLLAR. By Telegraph.—Press Assn.—Copyright. Ottawa, Sept. 21. Montreal reports that for the first time since 1915 the Canadian dollar has reached par with the United States dollar. American tourists in Canada are even compelled to pay a slight premium when exchanging American currency. LONDON METAL MARKETS. London, Sept. 21. Copper.—Spot £62 13s 9d; forward £B3 6s 3d. Lead.— £23 15s and £23 sa. Spelter.—£3l 17s 6d and £3l ss. Tin.—£l6o Ils 3d and £l6l 16s 3d. Silver, 35%d per ounce. BUTTER AND CHEESE. LONDON MARKET REPORTS. Messrs. Newton King. Ltd., have received the following cable from their London principals, Messrs. R. and W. Davidson, Ltd. i—"Butter slightly firmer. 216 s to 218 s: cheese again slightly finmer, colored 90s to 925, white 94s to 965.” Messrs. Collett and Co., Ltd., have received the following cable report from their British principals: "Creamery butter 214 s to 2165; white cheese 94s to 965; colored cheese, 88s to 905.” WSIEAT POOL SALES. Melbourne, Sept. 23. The chairman of the Wheat-growers’ Corporation stated that total sales to date of wheat in the pool were 29,793.000 bushels at 5s 4%d. The board earned £65.000 from the Chartering Commission. The net return to growers is 4s 4d per bushel. LATEST MEAT PRICES. The New Zealand Loan and Mercantile Agency Company, Ltd., hare received the following cablegram from their London house under date 20th instant:— Tallow.—We quote present spot values for the following descriptions: Fine mutton, 41s per cwt.; good beef. 38s 6d ner cwt.; mixed 34s per cwt. Fairly good demand. New Zealand Frozen Meat.—Lamb, ll%d per lb. Mutton: Wether and unaiden ewe, light 7%d per lb., heavy 6Ud per lb.; ewe. light 5 7-8 d per lb., heavy 5 3-8 d per lb. Market slow. Beef: Ox hinds 4 7-8 d per lb., fores 3%d per lb.; cow hinds 3%d per lb., fores 2%d per lb.