FINANCIAL NEWS

Taranaki Central Press, Volume IV, Issue 360, 15 February 1937, Page 6

FINANCIAL NEWS

BASE METALS MARKET Prices Slight. Easier*. Lottipr. February 1?. The ofleiat .1 jndon (middle) quotation for Fritia., as reported by the Aus rafJan Mines and detals Association, limpare vitrt tho-:e previously cabled as follows: — ' Fb. 11. Feb. 12. •_ + er ton. Per ton Copper— £ s,. d. £ e. 1 Standard, spot 56 8 11 : 6 4 41 Do., forward. 56 11 101 56 S 1} Electrolytic * Cl 5 0 61 0 to 62 5 £ 62 0 0 Wire bars .. 62 5 0 62 0 0 Lead— “ Spot . 27 7 6 26 18 9 Forward .... 27 7 6 27 1 3 Spelter— Spot 23 17 6 23 15 0 Forward .... 24 2 4 24 1 3 TinSpot 230 17 6 228 12 6 Forward .... 231 3 7 6 229 12 6 Sliver—■ Fine 20 1 Bd. 20. l-l«d. Standard,per oz. 21 11-16<1. 21 5-Bd. FOREIGN EXCHANGES On New Zea-’an-l Currency Bc-sisx

The Bank of New South Wales, Wellington .quoted the following rates for their pure!ases rid sale of foreign er •.hanger:— New Zealand Buying. Selling. on London ... IT, 124 124/10/£N.Z. to. £ stg. 100 . ~ _OrD. J.2 .19/-154.8/9 Australia .. TT - £ A tri £UHV D J>. PIT 100/10/Fii . T.T. . £F 0 Ct?'-' O.D. •9u/7'.'« I-■ r Vi.t'k . T.T 3.921 Doi. to «. on. 3.97 1- 3.925 Montrael .. TT. 3' 3.924 Doi. io £. O.D. 3.971 3.93 Austria T.T. 20.58 Schgs. to £ O.D. 20.60 Belgium . .. T.T. 23190 Frs. to £ . OD. 23.201

Czecb"slovak. T.T. 111.88 Crs. to £. OD. 111.9’ Denmark ... T.T. 13'103 17,893 Kr. to £.. O.D. 15.263 17.903 France T.T. 84 23 Frs. to £. O.D. 84.27 Germany . T.T. 9.709 R.M- to £. O.D. 9.714 Holland .... T.T. 7 A 25 7.175 Fls. to £. O.D. 7.3-5 7 179 Italy T.T. 74.51 Lire t. £. O.D. 74.56 Java T.T. 7.281 7.121 Fls. to £. O.D. 7.31 7 125 Norwa: ... T.T 16.121 15.891

Kr. to £ . O.D. 16.2*1 15.901 Sweden .. T.T. 15.715 15.490 Kr. to £.. O.D. 15.841 15.500 Switzerland. T.T. 17 419 17.149 Frs. to £. O.D. 17.151 Shanghai ... T T. 17 51-64 18 21-64 d. to I dol. O.D 17 v i -64 18 5- 6 Hong Kong T.T 1817-6 i IS ' d. to 1 dal. O.D. 18 15-64 18J India and Ceylon .. T.T 22 13-3? 2211-16 d. to rupee O.D. 22 3-* 22 43-64 Japan T.T. 17 15-22 d. to 1 yen.. O.D. 17 23-64 Singapore .. T.T. 34 23-32 3513-64 d. to l dot OJJ. 34 5-8 35 3-16

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. Calling (Per £1 N.Z.) (Per £1 N.Z.) n T.T. 3.92 J 3.924 ItssO.D. 3.922 3.93 Buying -'.O.D. 3.97 1-8 3.97; 1-8

N.Z. Pound Abroad.

Based on figures quoted by the Bank of New South Wales, the New Zealand pound, compared with its original par value, is equivalent to approximately:— 16/1 in London £l/0/1 in Australia. 16 Ti in U.S.A. 16/1J in Canada. ..13/62 in France. 16/1J in Italy. 9,6 in Germany. 11/94 in Java. £l/8/11 in Japan.