ON NEW ZEALAND CURRENCY BASIS.

Manawatu Standard, Volume LVII, Issue 222, 19 August 1937, Page 6

ON NEW ZEALAND CURRENCY BASIS.

The Bank of New South Wales, Wellington, quoted the following rates for their purchases and sales of foreign exchange yesterday : Now Zealand. Buying. Selling, on

O.D. - N The above rates are subject to alteration without notice. The Associated Ranks (other than the Bank of New South Wales), quoted the following dollar rates yesterday on a New Zealand currency basis. They are subject to alteration without notice. U.S.A. Canadian

BASE METALS MARKET. FURTHER EASING IN PRICES. LONDON, Aug. 17. Thu official London (middle) quotations as reported by the Australian Mines and Metals Association compare with those

London — £N.Z. to 124/10/C £stg.lOO .. T.T. 124 O.D. 123/10/0 124/8/S Australia — £A to £N.Z. 100 T.T. -- — O.D. 101 100/10/0 Fiji— £F to £N.Z. 100 T.T. - — O.D. 90/7/6 89 New York — Dollars to £ 3.9958 N.Z T.T. 4.0338 O.D. 4.0438 4.0008 Montreal — Dollars to £ 3.9992 N.Z T.T 4.0340 O.D. 4.0465 4.0032 France — Francs to £ 105.90 N.Z T.T. — O.D. — 105.94 Hong-Kong— N.Z. pence to 1 dollar .. T.T 18, 18 11-16 O.D. 18 7-32 18 11-16 Japan— N.Z. penco 17 31-64 to yen T.T - O.D. - 17 31-64 Shanghai— N.Z. penco .. T.T. — to dollar —

Pol (Per Pol. (Per Selling— £ N 7.) £ N.Z.) T.T 3.992 3.991 0 .V 4.09g 4.00 5-16 Buyinir— O.D 4.04J 4.04|

previously cabled as follows: — Aug. 17. * Aug. 16. i'er ton. i’er ton. Copper — JB s. d. Jj s. d. Standard, spot .. .... 5 7 5 0 57 3 b Ditto, forward .... 57 8 14 57 4 44 Electrolytic ... 63 10 0 63 10 0 to 64 10 0 64 0 0 Wire bars .... 64 10 0 64 0 0 .... 22 14 44 'd.z y Forward .... 22 16 104 22 10 74 Spot .... 24 o 14 24 8 14 Forward .... 24 11 104 24 9 44 Tin— .... 265 7 6 266 17 6 Forward .... 263 17 6 264 17 6 SilverStandard, per oz .. 20d 20d Fine ... 219-16d 219-16J