FOREIGN EXCHANGES

Evening Post, Volume CXXIII, Issue 123, 26 May 1937, Page 14

FOREIGN EXCHANGES

Closing direct rates as quoted by tha Bank of New South Wales, Wellington, today for buying and selling foreign currencies, based on New Zealand currency, were as follows:— Buying. Selling. New Zealand on £ s. d. £ a d. London— £N.Z. to S stg. 100 T.T. 124 0 0 124 10 0 O.D. 123 10 0 124 8 9 Australia—£A to £N.Z. 100 T.T. and O.D. 101 0 0 100 10 0 FIJI— £F to £NZ. 100. T.T. and O.D. 90 7 5 89 0 0 New York—Dollars to £ N.Z. 1 T.T. 3.0903 3.9602 O.D. 4.0090 3.9652 Montreal—Dollars to S - N:Z. 1 T.T. 3.9920 3.95*2 O.D. 4.0,045 3.9622 Austria—Schillings to £ N.Z. L T.T. — 20.73 ■ O.D. — 20.75 Belgium—Belgas to S N:Z. 1. T.T. — ■ ■■ 23.408 O.D. — 23.419 Czechoslovakia — Crowns • - ' to £N.Z. 1 T.T. — . 113.06 O.D. — 113.11 Oenmark—Kroner" to £ N.Z. 1 T.T. 18.203 J7.893 O.D. 18.203 17.91)3 Franca—Francs to £N.Z. 1. T.T. — 88.54 O.D. — 88.38 Germany—Reicbmarks to £X.Z. 1. t T.T. — 9.819 O.D. — 9.824 Holland—Florins to £ N.Z. 1 T.T. 7.325 7.175 O.D. 7.3S5 - 7.179 Italy—Lire to £N.Z. 1. T.T. — 73.27 O.D. — 73.32 _ Java—Florins to £N.Z. 1. T.T. 7.305 7.145 O.D. • 7.365 • 7.149 Norway—Kroner to fi * N.Z. 1 T.T. IS.182 . 15.S92 O.D. .10.242 15.902 Sweden — Kronor to £ . N.Z. L T.T. 15.785 . 15.490 O.D. 15.845 15.500 Switzerland—Francs to £ N.Z.I T.T. 1T.54S 11.278 O.D. 17.653 17.283 N.Z. 1 T.T. — 87.17 O.D. —i 87.23 Papeete—Francs to £ N.Z. 1 T.T. — 87.32 O.D. ' 87,.38 Bong Kong—N.Z. pence to 1 dollar T.T. 18 3-15 18 11-16 ■ O.D. 18,5-32 IS 43-64 India and Ceylon—N.Z. pence to 1 rupea. T.T. 22% 22 21-32 O.D. 22 11-32 22 41-64 lapan—N.Z. pence ti 1 yen T.T. — 17 15-32 O.D. — 17 29-b4 Shanghai—N.Z. pence to 1 dollar T.T. 17% 18% O.D. 17 23-32 18 15-64 Singapore—N.Z. pence to 1 dollar T.T. 34 23-32 35 13-84 O.D. 34% 35 3-10 Cbc.'oo —N.Z. pence to 1 . dollar T..T. 17% 18% O.D. 17 45-64 18 23-34 Manila —N.Z. pence to 1 peso T.T. 29 13-18 80% O.D. 29 23-32 30 23-64 The £1 Is £1 in New Zealand currency. The rates are subject to alteration without notice. Based on the figures quoted by the Bank of New South Wales the New Zealand . pound, compared with its original par value, is equivalent to approximately 16s Id in London, £1 Os Id in Australia-, 16s 3Jd in U.S.A., 16s 3d in Canada, 14s 3d in France, 16s 6Jd in Italy, 9s 7id in Germany, 11s 9£d in Java, £1 8s 13d in Japan. DIVIDENDS DUE. National Bank of Australasia—at 4 per cent, per annum od bolb Issues Ma; 26 Selfrldges (Australasia), 6 p.c Slay ti Bank ot New South Wales—Interim . quarterly, 6> pet aha re (Aust. currency) May 28 Westport Coal—Interim half-yearly, 6d per shars May 28 Dnlted Pictures—quarterly, 6d per share May SI Farmers' Trading Co., Auckland—final A and B ptef., at 5 3-5 per cent, per annum, and C pref., at 5 per cent, per annum May 31 Henry Jones Co-op.—Interim Gd per Bharo lung | Imperial Chemical Industry—ord. Una) 5V4 per cent him I Addlson's Flat—10 per cent June 1 Swan Brewery, Perth —Od per shore old 5s shares and bonus of 3d per share luna S Broken Hill Ply.—Interim, half-yearly, j Is 3d per share and lOd per share on contrlb (Aust. currency) ... June t Walhl Gran.J Junction—4d per share sterling (free of Income tai) .. June I Oamaru Woollen Mills—Interim, 2'/4 per cent June < J. R. McKenzle's Department Stores, Ltd.—17 V4 per cent, per annum June 8 Dominion Fertiliser, 5 p c. per Bnntim June 9 Bulolo Gold—equivalent In Australian currency of 1 dollar 50 cents Canadian June 10 Placer Development—equivalent in Australian currency of 60 cents Canadian June 10 Bank of New Zealand—final, ordinary shares. Is June II N.Z. Breweries—final, VA per cent., making 8% per cent, for the year June 16 Broken Hill South—Is 3d per share June 18 Mount Lyell—Interim, Is fid per share June 21 Australian Glass—half-yearly 4V4 per cent, pref., 4 per cent., plus 5 per cent, ord June 23 Wilson's Cement—final. 9d per share June 23 North Broken Hill—quarterly, No. 106 of Is 6d per share June 25 Morris Hedstrom—final 3»4 per cent., mnklnB 5% tier rent. ni>r nnnnm June 30 National Mortgage and Agency—interim at 5 per cent, per annum .. July 1 Eggs were quoted on the Wellington wholesale market --today at Is 9d a dozen for B grade, 2s 7d for first grade, and 2s 9d for specials, which is Id a dozen cheaper for the B and first grades.