FINANCIAL NEWS

Taranaki Central Press, Volume IV, Issue 359, 13 February 1937, Page 6

FINANCIAL NEWS

BASE METALS MARKET General Advance m Prices. London, February 11 The official Lendo; (middle) quotation to ■ Thursday, as : epor--d by the Australia u Mir. 'a and Metals Association. compare .th those previ-„ ot c ly caa lo fl as fellows: Feb . 5-b. 11. :

Fine ... .20d 20 1/Sd. Standard/' r oz. 21 r i 6d. 21 11-16 d. (American tin, C 1.25 cents a lb, spot.) FOREIGN EXCHANGES On New Zealand CiuTtncy Basis. ■ The. Bank x>i Nr--. S. .th Wales, Wellington .Quoted the 'olio wing r: tes for thei nn '3 an., -r’es •foreign ex. .nnge; New Zealand * Buying. Selling, on London ... T.T. l2l/10£N.Z. U £ stg. 100 r>. D.-3/10/- i"4. ' Australia .. T-T. ; SAtOjEIOO G.p. 101 100/10/Fiji ...... T.T. £F to £ "0 O.D 90/7 C .<9 New York. T.T. 3.96 3.92 3-8 Dol. to £ . s O»D. 3.071 3.92 7-8 Montreal ... T.T. 3.96 1-8 3.92 5-8 Doi. to £. 0.1 3.97 3-8 3.93 1 Austria ..... T.T. ..’0.58 Schgs. to £ O.D. 20.60 Belgium ... T.'r. 23 IT Frs. to £. O.D. 23.207 Czechoslovak. m .T. 111.96 Crs. to £. O.D. 112.01 Denmark ... T.T. IS : 03 17,893 Kr. to £.. O.D. 18.263 17.903 France T.T. 84.16 Frs. to £. O.D 84.20 Germany . T.T. —9.7 b? !■ R.M. to £. O.D. 9.714 Holland T.T. 7.323 7.173 Fls. to C. >D. 7."83 7 177 Italy T.T. 74.31 Lire to £. CD. 74.7 Java T.T. 7.289 7.12 S Fls. to £. O.D. 7.345 7.133 Norway ... T.T, 16.131 15.891 Kr. to £ . O.D. 16.2*1 15.901 Sweden ... T.T. 15.78.5 15.190 Kr to £. O.D. 17.545 5.500 Switzerland' T.T 17 423 17.153 Frs to £■, O.D. 1, .228 17.13Shatlghai . . T.T. '7 53 13 2164 d. to l dol. O.D. 17 51-CT 1- 5-16 Hong Kong T.T. 18 It IS 49-6: d. to 1 dol. O.D. 13 15-64 18.-; India And Ceylon . T.T. 22 13-32 2211-16 d. to rupee O.D. 22 3-8 22 43-64 Japan T.T 17 .5'3 d. to 1 yen.. CD. 1129-64 Singapore .. T.T. 34 23-32 7513 '1 d. to 1 <?ol. C.D. 34 5-8 35 3-16

I The Associated Banks (other than i 'he 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 Dol Selling (Per £1 N.Z.) (Per £1 N.Z.) T.T. 3.92 3-8 3.92 5-8 O.D. 3.92 7-8 3.93 1-8 Buying O.D 3.97 J 3.97 3-8 N.Z. Pound Abroad. I 1 Based on figures quoted by the i Pair of New Soulh Wales, the New Zealand pound, compared with its ori1 ginal pa value, is equivalent to ap- ■ proximately; — 16/1 in London Sl/0/1 in Australia. 16/li in U.S.A. 16/1J in Canada. ..13/6? in France. 16/1J in Italy. 9/6 in Germany. 11/9J in Java. j £l/8/11 in Japan. j London Butter Market Quiet. London, February 11. The butter market is quiet. Dan::sh. 120/- a cwt.; choicest salted Aus- . tralian and New Zealand, 86/-; unsalt- ; pd New Zealand*, 94/-; Australian, 92/-. Cheese: New Zealand, white 53/- a : coloured 52/-.

re r ten or ton. Copper— £ s. r <£ s. fit Standard, spot K lol 56 c le Do., forward. 55 19 41 56 11 101 Electrolytic . fit! 10 0 61 a 0 to 63 .10 0 62 5 0 Wire bars .. 61 10 0 62 5 0 Lead— Spot .. .• 27 0 0 27 * 6 Forward .... 27 2 6 27 7 6 Spelter— Spot 2c 5 0 217 G Forward .... 23 10 0 24 2 6 Tin— Spot 226 7 6 2S? 17 Forwafr't 227 7 6 ’31 17 o Silver—