FINANCIAL NEWS

Taranaki Central Press, Volume IV, Issue 365, 20 February 1937, Page 6

FINANCIAL NEWS

BASE METALS MARKET Prices Still Advancing. London, February 18. The official London (middle) quotation for Thursday, s reported by the Australian Min and Metals Association, compare with those previ-: ously cabled as follows—-

FOREIGN EXCHANGES ! On New Zealan ’ Currency Basis. The Bank at New South Wales, Welline- n quoted 'he fe owing rates tor th' purchases an? ca’es of foreign ex- hauges:— New Zeaian< Buying. Selling. ’ on London ... T.T. 124 124/10.'£N.Z. to : £ sfg. IM OJ3. W/10/-124/S/P I Australia’.. T.T.

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.

O.D. 3.97? 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. 16/11 in U S.A. 1671 Jin Canada. .13/6? in France. 16/11 in Italy. 9/6 in Germany. 11/81 in Java. £l/8/1J in Japan.

DAIRYPRODUCE Butter Market Lifeless. press Association—Copyright. London, February 18. ilie butter market is lifeless. Danish. 116/- a cwt. Nominal prices for c’ nicest salted: Australian and New Zealand, 84/-; unsalted. New Zealand, 92/-; Australian, 90/- to 91/-. Cheese: New Zealand, white, 52/- a cwt., coloured, 51/6; Australian, scarcely any offering. Dividends Due.

Feb. 17. 1 b. -8.’ P r ton. Per JECopper — £ s. ti. £ s. d. Standard, spot 58 18 11 59 18 15 Do., forward. 58 19 4* 59 IS 11 Electrolytic . 63 10 0 65 0 0 to 6+ 10 0 66 0 0 Wire bars • • 6i 10 0 66 0 0 Lead— Spot ........ 28 6 3 38 12 6 Forward 28 6 3 2t 12 F Spelter— Spot . % . 25 12 6 27 1 3 Forward 25 13 9 27 1? y Tin— Spot 231 12 G 234 2 6 Forward .... 232-12 b 234 17 .6 Silver — „ Fine 20 l-16d. 20 l-8d. ' Staiidard.pt ‘ o 215-8d. 21 ll-16d.

£A to £1M O' 101 106/19/Fiji ..... T.T. — — £F to £ 10C O.D? 30/7/6 89 New . T.T. 2.9" .-8 3.92J Doi. to £«. O.D. 3.97 1-8 3.92? Montreal .. T.T. -‘<95 7-8 3.92 3-8 Doi. to £. OU. 3.97 1" 3.92 7 8 Austria ..... T T. " — 20.58 Schgs. to £ C D. — 20.GO Belgium T T. — • Frs. to £. O.D — 23.195 Czechoslovak. T.T. — Crs. to £. O.D. — 111.85 Denmark ... T.T. 18.203 17,893 Kr. t6 £.. O.D. 18.263 17.903 France T.T. — 84.23 Frs. to £ . O.D. — • 8t.27 Germany ... T.T. — 9.701 R.M. tv £. CD. — 9.706 Holland —. T.T. 7.293 7.143 FIs. to £ £. O.D. 7.353 7.147 Italy ....... T.T. — 74.51 Lire to £. O.D. — 74.56 Java T.T. 7.257 7 097 FIs. to £. O.D. 7.317 7.101 Norway T.T. 16.181 15.891 Kr. to £ . O.D, 16.2+1 lu.901 Sweden T.T,,- ' 785 15.490 Kr. to £. O.D. 15.845 15.501 Switzerland. T.T. 17.419 17.149 Frs. to £. O.D. 17.52+ 17.154 Shanghai . !. T.T. 1.7 13-16 18 5-16 d. to 1 dol. O.D. 17 25-32 12 19-64 Hong Kong, T.T. 18 9-32 18 25-32 d. to 1 do’. O.D. 18J 18 49-64 India and Ceylon .. T.T. 22 13-32 22 1.1-16 d. to runee O.D. 22 3-8 22 4->-64 Japan T.T. — 17 31-61 d. to 1 yen Aft- - 17 15-32 Singapore .. 34 47-64 d. to 1 dol. O.D. 34 41-64 35 13-64

U.S.A. Doi. Canadian Doi Selling (Per £1 N.Z.) (Per £1 N.Z.) T.T. 3.92? 3.92J O.D. 3.92 7-8 3.93 Buying

Winclicombe Carson—Int., 8 p.e. p.a. Feb. 22 Kula Kampar Tu—3d. Sterling and bonus 6d Feb. 23 Gillespie's Beach—Id. pt r share Feb. 24 Nat Mortgage and Agency Co. 5 p.e. and bonus 1} pc ....... Feb. 24 Quill Morris (1986)- —final, 21 aP.C Feb. 24 Bank of N.S.W.—Quarterly int., G/- per share Feb. 25 Equitable Building—Final, 2 P.<:„ making 4 p.e. p.a. Feb 26 Kandos Cement—int., 5 p.e. Feb. 26 Silverton Tramways—9d. per share Feb. 26 Kuala Lumpur Tn—1/- per share ,. Feb. 26 Elder, Smith—Int., 6 p.e. p.a. Mar. 1 Carlton and United Breweries—1/3 per share .... Mar. j Berki, Ltd., Sydney—inty ord. 5 p.e.; pref., 4 p.e. Mar. 1 Christchurch Gas —final, 4 . . p.e. Standard Insurance — Int., 1/3 per share Mar. 1 W. R. Carpenter—int., 8 p.e. P.a Mar. 15 Electrolytic Zinc—Int, ord. and pref., 6 p.e Mar. 19 Apex Investment Trust, N.Z. Final, 3 p.e., making 5 P.e. for year . Mar. 18 Broken Hill South —Quarterly. 1/- per share Mar. 24 Huddart Parker,‘Ltd. —final pref. 3 p.e.; ord. 4 p.e. Mar. 20