FINANCIAL NEWS

Taranaki Central Press, Volume IV, Issue 352, 5 February 1937, Page 6

FINANCIAL NEWS

BASE METALS MARKET £RAe !n Prices. • Lor don, Feb. 3., Cbiidon (midd'v) quotaesday, < reported by Mix.es t Metals Aspare with those prevjs follows:—Feb. J. Per ton. Per ton. Copper— £ .=?. d. ? s. J. Standard, spot 53 5 Q 51 5 7i Do., forward ——• 54 6 10£ £^|ctrolrtic.. 78 0 0 58 15 0 to 59 0 ? 59 15 0 Wire bars .. 59 0 0 59 15 ? Ltfldsjfet 2- ? 9 27 7 G F»ward .... 26 7 6 27 6 3 Spuiter— Sjft 21 2 C 21 16 3 Forward . . 21 JO 0 22 3 9 TitSpot 227 2 C 228 17 3 ( F#wai . .... 227 17 6 229 12 6 SiXfer— FBe 20 l-Bd. 20 l-16d. S||ndard,per oz. 2111-l Gd. 21 5-8,1. • FOREIGN EaCHAmGEs ■

0n New Zealand Currency 2a-’ : s. The Ba’.l of New South Wales, Wellington .quote 1 the folic lug : ■ -is for their purchase and sales of forei gn e"jFhanges Nejw Zealand "luring. Selling. .on London ... T.T 124 124/10/£N.Z. to £ X dig. 100 . <>.D. 122/10/-124/8/9 Australia .. T.T. SA to £ljo O.D. 101 100/10/. Fiji: T.T. to £lOO O.D. 90/7/0 SJNeij? York .. T.T. 3.96? 3.92 5-8 §ol. to £. O.D. 3.971 3 93 1-S M&itreal ... T.T. 3.9GJ 3.92? sol to £. O.D 3.97 J 3.93? Aiifetria . ... T.T. 20.60 Schgs. to £ O.D. 20.62 BeSgium .... T.T. 23.206 Fife, to £.. O.D. 23.217 Czechoslovak. T.T. 111.83 firs, to £. O.D. 111.93 Det^rJi^.. T.T. 18.203 17,893 Kr. to £.. O.D 18.263 17.903 t.T. 84.21 ,-El*«Ao,£. O.D. 84.25 CjXJmSny". .'. T.T. 9.709 R.M. to £ O.D. 9.714 HMland ... T.T 7.141 ■ °- D - lifrv T.T. 74.56 ij|re to £ O.D. 71.61 JaS'a T.T. 7.039 'His. to £. O.D. 7.0'3 NWway .. T.T 16.131 15 891 <gr. to £ . O.D. 11.241 15.901 Sweden .. T.T. 5.785 15.490 Hr. to £ . O.D. 15. S .7, 15.500 SWzeralnd. T.T. 1".117 ,irs. to £. O.D. 17.122 Sjjiighai ... T.T. 7 57-64 18 25-” i JU to 1 do!. O.D. 17 55-64 18 3-8 HtSg Kong . TT 18 5-16 18 13-16 to 1 Joi. O.D 13 9-32 '8 '■! India and ippylon . . T.T. 22 13-32 2211-16 • It to rupee O D. 22 3-8 22 4” Ct Ja»n T.T. 17 29-64 dUto 1 yen. O.D. 17 7-16 Sfea pdfe .. T.T. 34 47-64 35 7-32 1 dot. O.D. 34 41-64 35 13-61

The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates on Saturday on a New Zealand currency basis. They are subject to alteration without notice. U.S.A. Doi. Canadian Doi. 1 Selling (Per £1 N.Z.) (Per £1 N.Z.) T.T. 3.92 5-8 3.92? O.D. 3.9'3 1-8 3.93? Buying D. 3.97 3-8 3.97 3-8 N Z. Pound Abroad. Posed on figures quoted by the F nk of New South Wales, the New Zealand pound, compared with its original par value, is equivalent to ap--1 -oximately: 15/1 in London. £l/0/1 in Australia. 16/11 in U.S.A. 16/13 in Canada. 13/7 in France. in Ttaly. 9/63: in Germany. 11/9 in Java. £l/8/2 in Japan.

Dairy Produce Markets.

The New Zealand Loan and Mercan/o Agency Co., Ltd., have received the following advice from their London house, dated February 3: —Dairy produce (last week’s quotations in parentheses): Butter, New Zealand

choicest salted, 86/- per cwt. (89/-) C heese, 50/6 to 51/- per cwt. (51-) Market steadier.