STOCK EXCHANGES

Press, Volume LXXI, Issue 21415, 6 March 1935, Page 13

STOCK EXCHANGES

CHRISTCHURCH YESTERDAY'S TRANSACTIONS Markets continued firm on call yesterday, but dealings were restricted to a few stocks. Transactions, exclusive of vestibule business, were:— Sales on 'Change £ s. d. 100 Coram. Bank of Aust. 0 16 1 10 Com. Bank of Sydney 16 0 (3 450 Bank of N.Z. .. 2 9 3 (4) 2 9 2 200 N.Z. Refrig. (£1 pd.) (2) . . 0 19 6 200 N.Z. Breweries (21 2 10 6 100 Anthony Hordern .. 017 6 £2OO N.Z. Farmers' Co-op. (4£ p.c. stock, 1945) 83 0 0 100 Bendigo Goldlights (2) 0 010 100 Blackwater .. 1 12 0 100 Mount Lyell .. 0 17 3 Sales Reported 50 Bank of N.Z .. 2 9 3 200 Goldsbrough, Mori (2> 17 9 7a Southland Frozen Meat .. .. 3 17 0 100 Stockton lord.), late sale Monday .. 0 10 Bank Shares Commercial. Bank of Australia were firm at 16s Id, market closing Id on either side. Commercial Bank of Sydney had business at £l6 0s 6d, and there were further buyers at £l6, sellers at £l6 2s. Bank of New Zealand were firm at 49s 3d and 49s 2d, sellers staying in at the lower price, buyers at 495. Goldsbrough, Morts had dealings at 27s 9d, and there were further sellers at that figure, buyers at 27s 7d. New Zealand Kcfrigerating fully paid shares remained unaltered at 19s 6d, market closing Id cither way. Southkind Frozen Meat changed hands at 77s lid, closing quotations 76s buyers, 80s sellers. A Jal.e sale or WestportSlocklon Coal ordinary .shares on Monday was reported at is, and yesterday's quotations were 2d on "either side. New Zealand Breweries were firm al litis (id, and there were further buyers at. 50s .'id, sellers at 50s Bd. Anthony I lurdcrns had business at J 7s (id, market closing Id either way. Sellers of Bealhs reduced their limits In 31s 9d, buyers at 29s 3d. Buvers n| Kleetrolytic Zinc preference cum dividend raised their bids to 35s sellers at 35s 9d. New Zealand 1' armors' Co-operatve, 4. 1 . ' per cent stock, due J945, changed hands at £B3* huyers staying in al that price, sellers at £B3js:;. Buyers of VVoolworths <N.Z.) ordinary raised Dieir bids to £9 I.js, sellers al £9 KJs. Mini i ij; Goldlights had dealings at JOd. buyers staying in at that price sellers al l().',d. Blackwatcrs changed hands at 325, ;md more were ofiered'at 32s 3d. buyers at. 31s Gd. Mount Lyells rlmppcd lo 17s sd, market closiii" 17s :id buyers, ]7s (id sellers. lATKST (JiOTATIONS

BRITISH STOCK MARKETS (IT.ITISH OFFICIAL WIBBLE3S.) < Received March 5, 5.5 p.m.) RUGBY. March 5. The stock markets display a good tone. Gold mines and home industrials are buoyant. British funds are inactive. WAR LOAN STOCK (BIIUISH OFFICIAL WIKKL.ESS.) RUGBY, March 4. British War Loan Stock, 3£ per cent., is quoted:— £ s. d. March 4 .. 106 7 6 March 1 .. 106 15 0 February 27 .. 106 15 0 February 25 .. 106 7 6 FOREIGN EXCHANGES

TINWALD SALE The entry at tho Tinwald sale yesterday lacked the quality of that penned at Ashburton a Meek ago, but prices remained on a i>ar with rates ruling last week. Store sheep were forward in big lots, but the cattle entry was restricted. A good attendance of buyers followed the sale fairly closely. Mr V. J. Armstrong (Lowcliffe) topped the tat ewe market with a line of four at, 15s lOd. Fat wethers reached 25s 9d up to noun, llr G. Campbell (Carew) cold 07ie at this figure. The best price for fat lambs was 25s 74 for four sent by Miss N. Kucho (Eiffelton). Principal sales wero as follows: I'at Ewes—On account of Wright's Kstato (Lagmhor), S at 14s -Id, 7 at 13s 4d. 6 ai 12s 4d, 8 at lUs lOd; Mrs R. Holland (Tinwald), 10 at 14s Id, 10 at 12s lOd; A. Adams (Lowcliffe), 8 at lis lOd: 11. Millar (Maytield), 13 at 12s 6d; W. J. Armstrong (Lowcliffe), 4 at 15s' lOd, 7 at 13» 7d, 7 at 13s Id, 6 at 13s lOd; 11. J. Hampton (Tinwald), 10 at 13s Id, 8 at 12s 4d; Mrs K. Holland (Tinwald), 12 at 17s lOd, 7 at 17s 4d; Kstato David Watts (Tinwald), 10 at Kis Id, 4 at 12s 7d; S. H. Lill (Tinwald), 48 *t 10s 4d; I. F. Read (Eiffelton), 5 at 13s Id, 0 at 13s 4d, 7 at 12s lOd; Wright's L'state (Lagmhor), 6 at 13s lOd; ]•:. J. Banks (Carew), 6 at lis 6d, 7 at Us 4d; F. W. Grossman (Eiffelton), 5 at 15s Id, 5 at 14s 7d, O at 13s Id; C. Cairns (Hinds), 8 at Ins Id, 10 at 13s 4d. 0 at 12s lOd, .10 a!. 12s 7d; K. J. Moore minds), 6 at 15s 4d, ■ 6 ot 13s Id, 11 at 12s -Id; clients, 5 at 15s Id. 3 at lis 7d. 4 at 11s H Oil, 71 at 12s Til. 55 at 12s lOd, 85 ; ,t ]."s Id, 31 at lis, 75 at lis 4d, 44 at lis 4.1. Vat Lambs—On account of O. Bird (Hinds), 10 at, l«s 7d; Miss N. Roche (Kil'felton), -1 at 25s 7d; Mrs E. Knox (Willowhy), 2 at 19s lOd: Mrs R. Holland (Tinwald), 08 at 20s 3d, 120 at 235; Kstatl A. Adams (Lowcliffe), 31 at 20s; T. C. I*. O" Grady (Eiffelton), 41 at 21s 7d. 80 at IDs 5.1, OS) at 20s Id; Galletley (Lismore), 5 at ISs 4d; T. I'. Gill (Hinds), 2 at 24* 4d, 4 at 21s 4d; clients, 5 at 23s 4d, 27 at 17s 2d, 32 at 20s 2d. 54 at 21s 7d, 40 at 16s Id, 80 at l'j.s 7d. 31 at 18s lOd. 47 at, 30s Id, 17 at 17s 7d. Fat Wethers—On account of T. F. Reid (Eiffelton). 7 at 10s Id, 6 at 22s 4d, 4 at 203 Id; G. Campbell (Carew), 5 at 22s 7d, 1 at 25s 9d ; J. Campbell (Woodvale), 3 at 22s 4d, 1 at 1!>«; V. K. Ross (Lagmhor). S at 22s Id, 8 at 21s 7d. Stores—On account of A. (.!. Field (Hinds), 55 two and f.iur-tootb ewes at 145 Od; A. V. Judd (Maronan), 21 twOlooth ewes at 20s 4d; clients, 41 two and four-tooth ewes at 21s 3d, 21 cull lambs at 3s 6cl. 101 lambs at 14s, 51 ewes at 13 S OH, 77 at 18s, 189 mixed-sex lambs at 10s 2.1, 171 ewe lambs at 15s. 22 at 14* 0.1, Of) at 15s, 111 at 15s, 100 ewes at 24s Id. 45 at lis 7d, 17 two-tooth ewes at 23s 10.1, 41 lambs at 12s 7d, 45 at 13s Id. 13 at 14s 4d. Cattle—Fat cows, 2 at £4 2s 6d. 2 at £3. 1 at £5 7s fid; store cows, 3 sit It 10s. 2 at i'l 8s Od. LORNEVILLE STOCK SALE rr.Es.s ASSOCIATION TELEOUAiO "INVKRCARGILL, March 5. There were large yardings in all section* at tho Lorneville ttoek sale to-day. The only improvement in prices was for heavy ewes. Wethers and freezing sorts wero about on a par witli lubt week, while fat cattlo prices were easier. i'at Sheep—There was lit He ur no change in values for wethers, but heavy ewes niiowed an improvement o£ about Is 6d » head. sorts were just the sama as fur some sal.-.-; past. I'rime heavy wethers realised from 25s to 20s. good quality 23s 0.1 to 24s 0.1, medium 21s 9d to 22s 6d. extra prim.. l heavy lines up to 18s 3d, prime quality heavy-weight 15s 9.1 t" 17s. medium 1 Is to 15s, with freezing qualitv sorts from Us Gd to 13s (Jd. Fat "Lambs—butchers' heavy lambs realised from 'J4s 6d to 20s. good quality freezing weights from 22s to 22s 9d. medium 20s Od to 2ls (id. with light and unfinished down to ISs. Fat Cattle—The \arding was in excess of butchers' requirements, with the result that prices in all grades were easier to the extent of 15s a head. Prime quality heavyweight bullocks realised up to £8 ss, good quality medium-weights £0 10s to £7 ss, lighter sorts .£5 10s to £0 ss, unfinished down to £4 15s; prime heavy-weight cows up to £5 ss, good medium quality £3 15s to £4 10s, average sorts £2 15s to £3 good quality handy-weiglit heifers up to £5 15s. lighter sorts £4 5s to £5 se.

.V/. l.overnjiie nt J)eb Buyer.'Cllll urvt Sel lers .11 S. (i :;'. p.c. J;is.. 1941-43, i; s. d. 1938-52, 1939-53, 1939-43 107 - 0 ::•; p.c. Ins., 1941 .. 102 6 0 I p.c. Ins.. 1937-40 1 p.c. Ins.. 1943-46 4 p.c. Ins.. 1.946-49 1 p.c. Ins.. 1952-55 io:: 7 J 05 H) 107 10 .10!) 10 (i j 0 0 0 102 15 0 I |).C. Bonds. i!i:.(7-40 102 10 0 ■1 p.c. Bonds. 1913-4(1 HI. - ) 10 0 ! p.c. Bonds. 1946-49 107 10 (I _... f p.c. iujikIs. 1952-55 110 10 0 _ Otlic." Do \V;iini;ik;ii'iri Hiver Tru-t. I | ]j c I 10 (i. r i Gl:i;-;c>, (i. 1 , p.c., 1945 lieiitiin 102 10 'S (1 107 10 0 (iisbornc Shecpfai'm 1-cj-s. 0.'. p.c, I!)4i 100 10 0 ! 102 0 0 Kan iks Australasia 'cum div 1 Com. of Aust 1 1 \l 0 16 (i 0 0 16 2 Com. of Aust. cpf.) 9 15 0 10 0 0 K., S., and A. '1 1!) 0 5 0 ;j Com. of Sydney . . .16 0 0 16 2 0 Natl. of A/a.sia. i .C10 paid) 12 17 0 ._.. Natl. of A/asia. i £5 paid) 6 4 6 (i 8 0 Natl, of N.Z. 3 9 0 3 9 5 Mow South Wales New Zealand 2!) 17 2 !) (i 0 30 2 10 !) 0 2 Reserve (i 10 3 fi 10 6 Union of Aust. a 12 (i !) 0 0 Insurance A. P. A. National 0 !) . 10 0 1 10 2 4 0 New Zealand 3 6 9 3 1! 0 South British _._. 4 15 0 Standard (ex cliv.) '■> 12 0 Loan and Agency Dal;:ety and Co. . . 8 0 0 ;; 13* "o Goldsbrough, Mori 1 7 7 1 7 9 Mutual Benefit . . 14 5 0 16 5 0 National Mortgage A 2 12 0 3 2 6 National Mortgage B 1 10 (i N.Z. Guar. Corp. o r> 11 0 0 1 United Build. Soe. .1. 2 1 1 2 9 Wright. Stephenson and Co. (pref.) 1 0 0 Frozen Meat Canterbury (ord.) Gear 1 1 4 10 1 12 1 6 11 N.Z. Rei'rig. (£1 paid) 0 19 5 0 19 7 N.Z. Refrig. (10s paid) 0 8 10 0 9 0 Southland 3 16 0 4 0 0 Woollens Kaiapoi (17s pd.) 0 15 (i Kaiapoi (pref.) .. 0 17 3 0 17 7 Coal Westport' 1 I 0 1 •> 0 Stockton (ord.t .. 0 0 10 0 1 2 Stockton (pref.) .. 0 3 8 0 4 6 Auckland is I 7 0 1 7 6 Auckland (con.) .. 0 1!) (> — Christchurch 1 15 0 1 15 6 Christchurch GOs paid) 0 16 6 0 17 6 Cisbornc — 0 15 0 Timaru — 1 2 6 Timaru (eon.) — 0 8 G Breweries New Zee'and 2 10 5 2 10 8 Staples _.. 1 12 0 Timaru (7/6 pd.) 0 8 3 0 8 9 Toohevs 1 8 5 — Tooths 2 8 ?i 2 8 11 Melbourne Co-op. 2 0 0 2 2 6 Miscellaneous Assoc. Newspapers — 1 2 9 Allied Motors .. 0 1 (i 0 3 9 Anthony Hordern 0 17 5 0 17 7 Aust. Glass 2 17 9 3 0 6 Aust. Iron and Steel (pref.) 1 2 2 1 4 0 Eeafh and Co. 1 9 3 .1 11 9 Beath and Co. (Is paid) 0 8 3 — British Tobacco (cum cliv.) t 17 7 1 18 0 Broken Hill Prop. 2 11 0 2 12 0 Burns. Philp 3 1 0 — Claude Neon fSyd.) 2 5 0 2 7 0 Claude Neon (N.Z.) 2 5 0 2 10 0 Colonial Sugar .. 40 12 6 41 0 0 Consolidated Brick 0 9 0 0 9 11 D.I.C. (pref.) 1 3 0 1 6 6 Dom. Builders' Supplies 0 5 1. 0 5 3 Dominion Fert. .. 1 1 10 1 2 6 Dunlop Perdriau Rubber 0 18 6 0 18 9 Electro. Zinc (ord.) 1 1 9 1 1 11 Electro. Zinc (pref., cum div.) 1 15 0 1 15 9 Holden's Airways 1 6 0 — Hays, Ltd., G5s paid) • ■ 0 15 3 0 17 0 Gordon and Gotch 2 0 0 2 7 C Kauri Timber 0 19 0 0 19 8 Milburn Lime 2 3 0 — New Colosseum ., 1 7 6 1 11 0

1 Buyers. Sellers. ) £ s. d, . £ s. d. N.Z. Drug Co. .. 4 0 0 N.Z. Farmers' Coop. (1st pref.) .. 2 2 6 2 10 0 N.Z. Farmers' Coop. ("A" pref.) 0 12 ( 5 — N.Z. Farmers' Coop. ("B" pref.) 0 10 1 D 1 2 6 N.Z. Farmers' Coop. (4J- p.c. stock, 1940) 82 10 l 0 84 0 0 N.Z. Farmers' Coop. (4J p.c. stock, 1945) 83 0 i 0 83 5 0 N.Z. Malay Rubber (ord.) 0 12 6 N.Z. Newspapers 1 13 ( ) 1 14 6 Quill Morris (in liquidation) 0 3 0 0 4 6 Sun Newspapers 0 3 10 0 4 2 Taupo Totara Timb .04! ) — Wilson's Cement .. 1 14 0 1 14 3 Woolworths (N.Z.), ord. 9 15 0 i 9 19 0 Woolworths (N.Z.), pref. , .. 2 1 e 12 2 6 Woolworths (Vic.), pref. — 1 10 0 Mining Addison's Flat .. 0 16 0 2 9 Alexander 0 15 9 0 17 6 Alexander (15s paid) 0 14 a i 0 16 9 Aotearoa — 0 0 10 BeJl Hill — 0 16 Bell Hooper 0 0 OJ — Bell Kilgour 0 0 0! 0 0 1 Bench go Goldlights: 0 0 10 0 0 104 Big River 0 2 1-J 0 2 3 Blackwater 1 11 G 1 12 3 Brian Boru 0 0 23 • 0 0 3J Central Shotover 0 0 0i 0 0 5 Charleston 0 0 OS .005 Deep Lead 0 17 0 2 0 Gillespie's Beach 0 1 7 0 1 8/< Glenroy 0 0 2£ ,0 0 4" Golden Dawn 0 0 9 0 2 6 Golden Point 0 0 0^ 0 0 1 Golden Sands .. 0 2 2 0 2 6 Goldfields Dredg. 0 0 6 0 0 7 Kildare 0 2 11 0 3 0 King Solomon .. — 0 3 10 Maori Gully 0 12 0 14 Lawson's Flat .. 0 0 2,[ 0 0 3b Maerewhenua 0 0 2 0 0 3 Mahakipawa 0 0 71 0 0 9 Mahakipawa (pf.), 1929 issue 0 1 1 0 1 5 Mahakipawa (pf.), I MO issue 0 1 1 0 1 3i Mataki. — 0 1 11?, Mining House Con. .-_ 0 0 2" Moonlight Nelson Creek _. o o i ;■ Mossv Creek 0 2 3i 0 2 51 Mount L.ycll 0 17 5* 0 17 6 Mount MorKan 1 18 6 1 19 6 Mount Morgan uighls) 0 If! 6 — Nevis Diesel Elec. 0 0 ]£ 0 0 2.1 Okarito 0-7 1 0 7 3i Placer Develop. 27 10 0 29 0 0 Rawanj! Tin 0 7 0 0 7 5 Sandhills Gold .. _ 0 0 4 Skippers 0 0 4A 0 0 43 Upper Shotover (lOd paid) 0 0 .9 Waihi 2 1 3 2 1 5 Grand Junction 0 4 8 0 5 0 Wailahu 0 2 3 0 3 3 Worksop Extend. 0 2 6 0 2 8 UNLISTED STOCKS All transactions ii ) stocks quoted in this section are subject to a different rale of brokerage from listed stocks, and arc not quoted on the official list. Andersons. I.Id. £ s. d. £ s. d. (pref.; 1 0 0 Assoc. Motorists' Petrol (pref.) . . I 3 8 1 5 0 Argo Gold 0 1 4i 0 1 5 Ben Lcdi 0 0 4 0 0 4J Dominion Life ids paid) 0 2 0 0 3 9 Jones Nevis — 0 0 11 Macetown — 0 1 0 N.Z. Perp. Forests 2 5 9 2 12 0 Procora Bread (10s paid) — 0 15 0 E. Recce, Ltd. (pref.) 0 2 4 0 2 6 Stacey & Hawker 1 5 fi • pref.) .. Upper Watut (2s paid) 0 5 9.', 0 5 11 Wcro's Invest. Trust 0 4 1" 0 4 8 Wnolworlhs (Syd) ord. 4 11 .9 4 12 0 AL'CKl L,AND .Sales oh 'Change £ s. d. Bonds, 1940, 4 per cent. (2) 102 10 0 Stock, 1941, 3 if per cent. .. 102 0 0 Stock, 1940, 4 per cent. .. 102 10 0 Auckland Harbour, 1961, 4.1 per cent. 108 0 0 Bank of N.S.W. 30 0 0 Bank of New Zealand 2 9 4 2 9 6 Wright. Stephenson (pf.) .. 0 19 9 Renown Coal 0 8 0 Westport-Stockton (2) 0 10 Weslport-Stockton (pref.) 0 3 8 Auckland Gas 1 7 4 1 7 6 N.Z. Drug 3 19 0 N.Z. Newspapers 1 13 9 Blackwater 1 11 6 Goldfields Dredging 0 0 7 Waihi Junction _ " 0 4 9 WELLINGTON Sales on 'Change £ s. d. Rural Bonds, 5 p.c. 1947 .. 105 15 0 Bank of New Zealand 2 9 2 N.Z. Refrig. 0 19 5 N.Z. Refrig. (10s paid) .. 0 9 0 N.Z. Breweries 2 10 5 Mount Lyell 0 17 9 Mauri Bros, and Thomson 2 4 6 Quill. Morris 0 4 0 DUNEDIN Sales Reported £ s. d. Bank of N.S.W. (late Mon.) 30 0 0 N.Z. Drug (late Mon.) 4 0 0 N.Z. Breweries (late Mon.) 2 10 6 N.Z. Breweries 2 10 6 Bank of N.Z. 2 9 3Woolworths (Sydney) 4 12 0 SYDNEY On the Sydney St tcrday, securities ock Excl were langc yestaken at slightly advanced levels. Principal classified stocks were steady. Morning ; Sales £ s. d. Commonwealth Bonds— 3.1 per cent., 1948 101 5 0 4 per cent., 1944 106 17 6 4 per cent., 1955 107 7 G Bank of N.S.W. .. 30 2 (i Associated Nev /spapers (pref.) i 3 9 British Tobacco 1 18 0 Goldsbrough, Mort 1 8 3 Closing Sales Commonwealth Bonds— 4 per cent, 1938 10-1 15 0 4 per cent., 1941 105 17 6 4 per cent., 1944 106 18 9 4 per cent., 1947 108 5 0 4 per cent., 1950 107 17 6 4 per cent., 1953 108 0 0 Colonial Sugar 41. 5 0 National Bank (£10 paid) 13 0 0 , Burns, Philp (South Sea) 1 6 6 Tooths Toeheys 2 8 9 1 9 0 Goldsbrough. Mort 1 8 0 Wilcox MofTlin 0 9 0 1 Henry Jones 1 15 6 Anthony Hordern 0 17 9 ' Standard Cement 1 0 4.' J Iron and Steel (pref.) 12 9 ' Mount Morgan 1 19 0 , South Broken Hill 3 17 6 ' Bulolo Gold 9 6 0 j Placer Development 28 4 0 , MELBOURNE L ■) — £ s. d. Commercial Bank of Australia (ord.) 0 16 6 1 Com. Bank of Aust. (pref.) 9 19 0 3 National Bank (£10 paid) 13 2 0 B Dunlop Perdriau 0 18 10 Howard Smith 0 15 9 3 North Broken Hill 5 2 6

(uurrisH ofi' Pa C1AL U WIllKLBS jfiny, m Mar. 2. ir-'h -I. Mar. 4. Paris, fr. to New Vtirk, dol. to £1 ■l.SUI 1.70i -I.75S .Montreal, flol. 10 11 UnifM'ls, 4.am 4.81 4.SO Ceneva, fr. tn £1 25.22 15 14.(54 14.45 Amsterdam, 11. to .11 12.lt 7 7.01 6.914 Milan, lire to .,„ Berlin, reichii) ark en to £J 20.1: 11.78 ll.GTi Stockholm, kr. to £1 J8.15 1) 1U.39J 19.391 Copenhagen, kr. In XV IB. If i) 22.0!)). 22.39* Oslo, kr. to ri 18.15 11 19.004 lo.ooi Vienna, echgs. to £l. 34.58 5 354 251. Prague, kr. to X\ J 64.2 5 nng 1 12 ll'dsingfors, marks to XI Madrid, pese193.2 :: 226.} 226i tas to £1 25.22 15 ■m :i4i Lisbon, cscudos to .VI 110 1 10 1 11 o ■; Athens, drat'h to £t 501 4 97 Bucharest, lei to XI 818.6 172), 467 I Belgrade. dinars 25.22 15 21.2 20.9 Rio de Janeiro, pence to niiln.-i.s . . -1.81)2 4i 4\ Buenos Aires, _„ , " penee to dol. Montevideo, penee to .*'1 57 11} 4 1i} Bombay, pence to ruppe 10 18 5-32 IS:', Shanghai, pence to dol. * If) 3 20 y-iG lions Konc. .,..:, .,-, Yokohama, ponce to yen * 11J-If. Hi Batavia. cuilder.s 12.li 7 7.0"'. fi.Sti i ■\Varpaw, par ' Determi led li v pri co of sil\ er. FOREIGN EXCHANGE KATES The Bank of New Son 11 Wales f| toted the following rates as r uliniyeslcrda. • for its purchases Hnd sales of foreign ixehangc. T!io rates are subject to alteration ■without notice. Bu ying. Selling. X N.Z. to £100 stg. T.T. 124 124/10 O.D. 1211/10 124/7/6 Australia— X A. to £1.00 N.Z. T.T. Hit 100/10 O.D. 101 100/10 Fiji— X If. to £100 N.Z. T.T. 00/7/6 89 O.D. 90/7/0 80 New York— Dol. to £1 N.Z. T.T. 3.80S 0.81 if O.D. 3.S7& a.S2i Montreal— Dol. to XI N.Z. T.T. 3.895 3.855 O.D. 3.905 0.8Gi FranceFrancs to £1 N.Z. T.T. 57.S1 . 56.51 O.D. 58.11 ' 50.56 Nomura — Francs to Xi N.Z. T.T. 58.76 55.76 0.0 59.1G 55.81 Papeete— Francs to £1 N.Z. T.T. 5.1.7(1 55.76 O.D. CO. 16 55.81 lielcas to £1 N.Z. T.T. O.D 16.510 16.619 15.8 t9 15.804 Germany— Koichmarks tc £1 N.Z. T.T _ 0.170 O.D — 9.18 1 1 taly— l.iro to £1 N.Z. T.T O.D _ 44.4 7 44.51 Switzerland—• Francs to £1 N.Z. T.T 1 1.800 11.4:i0 O.D 11.905 11.440 Holland— Florins to XI N.Z. T.T 5.706 5.456 O.D 5.756 5.460 '.Florin? to A'l N.Z. T.T 5.011 5.416 O.D 5.691 5.420 Japan— N.Z. pence to yen T.T O.D — 17 13-16 Shaaclini — N.Z. pence to dol. T.T 24 ;u-:i2 26 0-32 O.D 24 27-1)2 26 7-32 India and Ceylc n— N.Z. penuo to rup. T.T 22 : 4 22 23-32 O.D 22 j 22 21-32 lions KotiK — N.Z. pence to dol. T.T O.D no), •'log 31 9-16 31J Sinsapore — N.Z. pence to dol. T.T O.D :itc :i-H 35 5-16 T.T. repress. its i >]et:ra phic trail sfers. O.D. represe l(S 01 den and Iran? actions. DOLLAR-STERLING RATES The Associate d Ba iks (f tlmr than the Bank of New South "Wales) qi oted the following dollar-sterlin?.' rates yes erday. u bicli are subject to alte -ation with nit notice U.S.A. Canada. Conversion of lollar bills dol. dol. received for colle e.tion and sale of ( ollar drafts and telegr ,phie transfers 4.7". 4.78 Purchase of dollar bills 4.77 4.82 On a New Zealai id eu rrency b, isis these U.S.A. dol. Canada dol. Senilis— T.T. O.I). 3.SO', 3.833 3.84J Buy ins — O.D. 3.3U-; 8.90J