FINANCIAL NEWS

Taranaki Central Press, Volume IV, Issue 364, 19 February 1937, Page 7

FINANCIAL NEWS

BASE METALS MARKET J ' Prices Still Advancing. ! ! London, February 17. ; ! The official London (middle) quota- ' tion for Wednesday, as reported by the Australian Mines and Metals Association, compare with those previ- • ously cabled as follows: Feb. 16. Feb. 17. ’ Per ton. Per ton.

FOREIGN EXCHANGES i I On New Zealand Currency I Basis. I l I J I I i The Bank of New South Wales, ; Wellington .quoted the following rates’ ; for their purchases and sales of ; foreign exchanges: ; New Zealand Buying. Selling. I on ; London ... T.T. 124 124/10/- | I £N.Z. to £ stg. 100 . O.D. 123/10/- 124/8/9 j Australia .. T.T. iSA to £lOO O.D. 101 100/10/1 Fiji T.T. £F to £lOO O.D. 90/7/6 89 New York . T.T. 3.95 7-8 3.92 J i Doi. to £. O.D. 3.47 1-8 3.92 J. I Montreal . . T.T. 3.95 7-8 3.92 3-8 Doi. to £ . O.D. 3.97 1-8 3.92 7-3 Austria ..... T.T. 20.58 ; Schgs. to £ O.D. 20.60 I Belgium .... T.T. 23.190 ! Frs. i£> £. O.D. 23.201 , Czechoslovak. T.T. 111.88 ; Crs. to £. O.D. 111.93 ; Denmark ... T.T. 18.203 17,893 ' Kr. to £.. O.D. 18.263 17.903 ; France T.T. 84.23 ■ Frs. to £. O.D. S4-.27 ; Germany . . . T.T. 9.701 ; R.M. to £ . O.D. 9.706 Hollad .... T.T. 7.297 7.147; Fls. to £. O.D. 7.357 7.151 j Italy T.T. 74.51 j Lire to £. O.D. 74.56 ! Java T.T. 7.265 7.105 . Fls. to £. O.D. 7.325 7.109 ' Norway ... T.T. 16.181 15.891 ’ Kr. to £ . O.D. 16.24-1 15.901 I Sweden ... T.T. 15.785 15.490 ! Kr. to £. O.D. 15.845 15.500 ' Switzerland. T.T. 17.427 17.157 1 Frs. to £ . O.D. 17.532 17.162 i Shanghai!- ... T.T. 17 13-16 18 5-16 ' I d. to 1 dol. O.D. 17 25-32 18 19-64 i Hong Kong. T.T. 18 9-32 18 25-32 d. to 1 dol. O.D. 181 18 49-64 India and Ceylon .. T.T. 22 13-32 22 11-16 d. to rupee O.D. 22 3-8 22 43-64 (Japan T.T. 17 31-61 | d. to 1 yen O.D. 17 15-32 Singapore .. T.T. 34 23-32 35 13-64 I d. to 1 dol. O.D. 34 5-8 35 3-16 I The Associated Banks (other than the Bank ot 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. Dol. Canadian Dol Selling (Per £1 N.Z.) (Per £1 N.Z.) T.T. 3.321 3.92 3-8 O.D. 3.923 , 3.92 7-8 Buying O. 3.97 1-8 3.97 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. 16/11 in U.S.A. 16/1J in Canada. .. 13/6 J in France. 16/1J in Italy. 9/6 in Germany. 11/8S in Java. £l/8/11 in Japan. Dividends Due. Winchcombe Carson —in’., s P. p.a Feb. 22 Kula Kampar Tn —3d. sterling and bonus 6d Feb. 23 Gillespie’s Beach—ld. p:r share Feb. 24 Nat. Mortgage and Agency Co. 5 p.c. and bonus 1}

pc Feb. 24 ; Quill Morris ( 1936)—final, 21 ' j p.c Feb. 24 I Bank of N.S.W. —Quarterly int., 6/- per share Feb. 25 ( Equitable Building—Final. 2 , p.c., making 4 p.c. p.a. Feb 26 i Kandos Cement —int., 5 p.c. Fib. 23 ' Silverton Tramways—9d. per share Feb. 26 ! Kuala Lumpur Tn—l/- per j share Feb. 26 i Elder, Smith—lnt., 6 p.c. p.a. Mar. 1 ! Carlton and United Breweries—1/3 per share .... Mar. r Barlei, Ltd., .Sydney—ord. 5 p.c.; pref., 4 p.c. Mar. i Christchurch Gas—-final, 4 ■ ■P.c Mar. 1 Standard Insurance Int., 1/3 per share Mar. 1 W. R. Carpenter—int., 8 p.c. P-a Mar. 15 Electrolytic Zinc—lnt, ord. and pref., 6 p.c Mar. 19 Apex Investment Trust, N Z. Final, 3 p.c., making 5 p.c. for year . Mar. IS Broken Hill South —Quarterly, 1/- per share Mar. 24 Huddart Parker, Ltd.—final pref. 3 p.c.; ord. 4 p.c. Mar. 20 “Got any pipe tobacco fit to smoke?’’ ■he barked. “A new chum,” thought the tobacconist; “plenty of side on, too!” Then to the stranger: “What kind of tobacco d’ye want, mister — medium or full?” “Medium! Meodium!” replied the customer impatiently, “but no rubbish, mind! I'm a connoisseur. Here —let’s have an ounce to try out. If it’s right, I’ll corns again.” He blew in again next day. “That imported tobacco I had yesterday—don’t know what it was, but I’ll | take a pound.” “Certainly,” said the ; tobacconist, “but that wasn’t import- ; ed; that was New Zealand tobacco, I Navy Cut No. 3,” Go on!” said Mr. I Newchum incredulously. “Yes, grown [ and manufactured in the Dominion,” I continued the weed merchant.; “toastI ed, too. That means practically harmi less. Cuts out nicotine. Oh! five ! brands: Navy Cut No. 3 (Bulldog), [ Cavendish, Cut .Plug No. 10 1 (Bullsi head), Riverhead Gold, and Desert Gold.” “Well, if it’s not imported it’s every bit as good,” commented the customer. “Some of my ‘regulars’ says it’s better,” replied the tobacconist, “You live and learn, don’t you?” I

Copper— £ s. d. £ s. d. i Standard, spot 57 19 58 18 11 Do., forward. 57 19 4A 58 19 4?. Electrolytic . 62 10 0 63 10 0 to 63 10 0 6410 0 Wire bars . . 63 10 0 64 10 0 Lead — { Spot 27 7 6 28 6 3 | Forward .... 27 7 6 28 6 3 ; Spelter— f ! Spot 24 8 9 2 5 12 6 ! Forward .... 24 12 6 25 13 9 ; Tin— Spot 230 10 0 231 12 6 Forward .... 231 10 0 232 12 6 i Silver— Fine 20 l-16d. 20 l-16d. i Standard.per oz. 21 5-8d. 21 5-Sd. |