FINANCIAL NEWS

Taranaki Central Press, Volume IV, Issue 338, 20 January 1937, Page 6

FINANCIAL NEWS

■ FOREIGN EXCHANGES I On Zealand Currency I 5 Basis. I It : The ■Kpx of New Q nth Wales, WellinS* ,quot _>d the toll swing rates; for their purc.-ises ar'l sales of foreign e>,?hang-s:

pTh<tejAssociated Banks (other than the of New South Wales) quoted the fofiuwing dollar rates on Saturday on a Zealand currency basis. They are sc.bj 't to alteration w tlrout notice. U.S.A. Doi. Canadian Doi Selling (P...- £1 *’.Z.) (Per £l. N.Z.) T.T. 3.93 3-8 3.93 7-8 O.D. 3.941-8 3.94 3-8 Buying O.D. 3.981 3.981 N.Z. Pound Abroad. Based or. flguras quoted by the Bank of New South Wales. Die New Zealand poun- 1 compared with its originaferpar value, is equivalent to approxi*»tely: 16/1 in London. £3/071 a Australia. 16/2 Jrt U.S.A. in Cntg>da. JllJKld ir. Prance. ’in Italy. Germany. 11/85 in Java. in

BASE METALS MARKET

I Sl'ght Easing All Round. i “ Loudon, January 18. | The official London (middle) quota* ' tioiis for Monday, as reported by I the- Australian Mines and Metals Asj sdhiation, compare with those previ-

New Zealand _ Bi .ng. Selling. on London ... T.T. 124 124/10/- £ ■ stg. 100 . £>JJ. 12? 'IQ/-124/8/9 Australia .. T.T. — SA to £100 O.D. 101 100/1G/- 1 Fiji * T.T. — — £# to £100 O.D. 90/7/6 80 New* York . T.T. 3.975 3.93 5-81 Ddt to £. O.D. 3.9*1 3 Of 1-8 Monreal .. T.T. 3.9 7J 3.94 | D<. to £. O.D. 3.98J 3.941 1 Ausjfia . — T.T. — 20.68 Schgs. to £ O.D. — 20.70 Belgium ... T.T, — 23.266 , D<Jf. to £. O.D. — 23.277 1 Czedioslov. . T.T. •— 112.28 i C* to £. O.D. — 112.33 | Denmark ... T.T. 18.203 17,893 K|| to £ .. O.D 18.263 17.903 Fraire .... T.T. — 81.23 Frs. to £ O.D. — 84.27 Germany .. T.T. — 9.7"3 R#>. to £ O.D. — 9.738 HolWnd .. T.T. — 7.157 I F». to £. Q.O. — 7.161 Ital> T.T. — 74.71 Ljre tg £ O.D. — 74.76 I Java T.T. — 7.105 ; FIs. !»<« O.D. — 7.1.9 ‘ Norway ... T.T. 16.181 15 891 Kr. to £ . O.D. 16.2 T 15.901 Sweden ... T.T. 15 785 15.*90 Kr. to £. O.D. 1; 15 15.500 Switzerland . T.T. — 17 393 . Frs. to £. O D. — 17.098 Shanghai .. T.T. 1757-64 1 .25-1-1 d. to 1 dol. O.D. 17 55-64 18 3-8 Hong jfen.3. T.T. 18 5-16 18 13-16 d. t®- dol. O.F. 18 9-3’ 18 51-64 India ,-and .. T.T. 22 It 2 22 11-16 d. to jiipee O.D. 22 3-8 22 43-64 T." . 17J d. *ji.y - O.D. SingaMM -• T.T. .2 47 64 17 "1-6' □ > 7-32 d. t(j i dol. O.D. .34 41-61 35 13 64

ously cabled as follows: — Jan. 15 Jan. 18. Per ton. Per ton. Copper— £ s. d. £ s. d. Standard, Fpot 52 18:9 52 6 101 "Do., forward 52 18 9 52 8 1J Electrolytic . 57 15 0 57 5 ’ 0 to 58 0 0 57 15 0 Wire bars . 58 0 0 57 15 0 Lead — Sp It 27 13 9 27 3 9 Forward 27 12 6 27 3 9 ShelterSpot 22 11 3 21 13 9 ■ Forward 22 15 0 21 18 9 TinSpot 232 7 6 231 17 S Forward ... 233 2 6 232 12 6 Silver-— Standard,per oz. 20 15-46$ 20;7-16<t Fine ... 22 17-16d 22 l-16d Fin e 22 7-dSd 22 l-16d,