COMMERCIAL.

Taranaki Daily News, 4 October 1922, Page 3

COMMERCIAL.

FOREIGN EXCHANGES.

THE LATEST RATES. By Telegraph.—Press Association. London, October 2. Following are the current, exchange rates, a comparison being given with the last report (Sept. 28) and par:— Oct. 2. Sept. 28. Par.

Calcutta Is 3%d Is 3%d 2s Yokohama 2s 2%d 2s 2%d 2s o%d Hongkong 2s 7d 2s 7d -s LONDON WOOL MARKET. London, Oct. 2. Bradford wool.—Quotations for sfi's and upwards are very firm, others unchanged. Topmakers are adopting a strong attitude in sympathy with the primary markets. Tallow.—Stocks, 772 casks; imports during September, 4053 casks: deliveries, 4227 casks. CANTERBURY MARKETS. By. Telegraph -Press Association. Christchurch, Last Night. The potato market has eased, due' to the unexpectedly large shipments that have gone forward during the week. It was expected the Koromiko, sailing to-day, would take anything from three to four, thousand sacks, but the final loading was just on 9000, namely 3400 and 3500 from Oamaru and Timaru and 1900 from Lyttelton, The vessel is calling at Napier, and probably a proportion will be dropped there, but such a heavy consignment indicates there are still potatoes in the south. Merchants in the meantime are buying warily, but as far as the local market is concerned few are offering. From £6 to £6 <s 6d coyers quotations for whites. The recent activity in the oat market has eased off. There is no margin for export at the current prices. Recent rains have given a fillip to the retail market for grass seed, although there Is no alteration ns far as wholesale values are concerned.

Montreal (dot.) •• 4.39% New York (dot).. 4.39% 4.39% 4.3G6 Paris (ft.) ST.93 57.59 23.255 Stockholm (kr.) .. 16.67 l».ln9 Christiania (kr.) .. 25.57 25.85 Copenhagen (kr.) 21.53 21.25 Berlin (marks) .. 7850 .7400 20.4 a Rome (lire) .. X .. , 25 ;? 55