FINANCIAL NEWS

Taranaki Central Press, Volume IV, Issue 369, 25 February 1937, Page 6

FINANCIAL NEWS

BASE METALS MARKET Sensitive Weakens. •- fe London,. February 24. The official London (/niddle) quotations for Tuesday, £s reported by the Australian Mines and. Metals As.-: sociation, compare with those previously cabled as follows:

Standard.per oz. 20 l-16d. 20 l-Bd. Fine 215-Sd. 21 11-16 d. FOREIGN EXCHANGES On New Zealand Currency Basis. The Bank of New South Wales, Wellington .quoted the following rates for their purchases and sales of foreign exchanges: New Zealand Buying. Selling.

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.

N.Z. Pound Abroad. Based on figures quoted by the Bank o£ New South Wales, the New Zealand pound, compared with its oilI ginal par value, is equivalent to ap- | proximately:— 16/1 in London £l/0/1 in Australia. j 16/1* in U.S.A. 16/13 in Canada. 16/1J in Canada. | 16/1J in Italy. 9/6 in Germany. 11/9 in Java. £l/8/15 in Japan. London Butter Market Firmer London, February 23. The butter market is firmer. Danish, 116/- a cwt.; choicest salted Aus-' tralian and New Zealand, 84/-, finishing at 87/-; unsalted, Australian, 91/-I

Dividends Due.

Gillespie’s Beach—ld. per share Feb. 24 'Nat. Mortgage and . Agency Co. 5 p.c. and bonus 11 p.c Feb. 24 Quill Morris (1936) —final’, 2J p.c Feb. 24 Bank of N.S.W. —Quarterly iht., 6/- per share ; Feb. 25 Equitable Building—Final, 2 p.«., making 4 p.c. p.a. Feb 26 Kandos* Cement —int., 5 p.c. Feb. 26 Silverton Tramways—9d. per share ; Feb. 26 Kuala Lumpus Tin, 1/- per share Feb. 26 Elder, Smith —Int., 6 p.c. p.a. Mar. 1 Carlton and United Breweries—1/3 per share ...-. Mar. x Berlei, Ltd., Sydney—-inQ, ord. 5 p.c.; pref., 4 p.s. Mar. 1 Christchurch Gas—final. 4 p.c. Mar. 1 Standard Insurance Int, d/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.d, making 5 p.c. for year .......... Mar. 18 Broken Hill South—Quarterly. 1/- PW ehare. ...... Mar. 24 Hudjdart Parker, Ltd. —final ©ref. 3. p.c.; ord. 4 p.c. Mar. 20

Feb. 22. Feb. 23. r Per ton. Per ton. Copper— J £ ,s. d. £ s. d. Standard, spot 69‘17 6 65 6 Do., forward. 69 17 G 65 2 6 Electrolytic. 75 0 0 69 0 0 t€> 78 6 6 • 71 10 0 *Wire bars .. 78 0 0 71 10 0 Lead— Spot 30 IT 6. 30 5 0 Forward .30'1'7 6 30 5 0Spelter— ? Spot ... 'fell 5 6 28 12 6 Forward $17 6 28 15 0 Tin— Spot ......... 248 10 0 249 10 0 Forward 249 10 0 250 IV 0 Silver—

on London ... T.T. 124 ■ 124/16/£N.Z. to £ stg. 160 . O.D. 123/10/•124/8/9 Australia .. T.T. — =— . £A to £100 O.D. 101 100/10/Fiji T T £F to £100 O.D. 90/7/6 89 New York . T.T. S.95> 5-8 3.92 Doi. to £ . O.D. 3:96 3.921 Montreal .. T.T. 3.95 5-8 3.92 1-8 Doi. to £. O.D. 3.96 7-8 3.92 5-8 Austria T.T. — 20.58 Schgs. to £ O.D. — 20.60 Belgium .... T.T. — 23.182 Frs. to £. O.D. —• 23.193 Czechoslovakia T.T. 111.80 Crs. to £ . O.D. '* •—• 111.65 Denmark ..'. T.T. fg.203 17,893 Kr. to £.. O.D, 17.903

France T.T. — 84.23 Frs. to £. O.D. — 84.27 Germany. .... T.T. .— 9.761 R.M. to £. O.D. — 9.706 Holland .... T.T. 7.285 . .a? '.. 7.135 FIs. to O.D. 7.345 Italy T.T. -XT* 7.139 y 74.47 Lire to £. 0.0. — 74.52 Java T.T. 7.249 7.093 Pls. to ,£. O.D. 7.JT99 7.093 Norway ... T.T. 16.181 15.891 Kr. to £ . O.D. 16.241 15.901 Sweden ... T.T. 15.785 15.490 Kr. to £. O.D. 15.845 15.500 Switzerland. T.T. 17.419 17.149 Frs. to £ . O.D. 17.524 17.154 Shanghai ... T.T. 17 57-64 18 25-64 d. to 1 doi. O.D. 17 55-64 18 3-8 Hong Kting. T.T. 18 9-32 18 25-32 d. to 1 doi. O.D. 18.1 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 31-64 d. to 1 yen O.D. — 17 15-32 Singapore .. T.T. 34 47-64 37 7-32 d. to 1 doi. O.D. 34 41-64 35 13-64

Selling (Per £1 N.Z.) (Per £1 N.Z.) T.T. 3.921 3.921 O.D. 3.92| 3.92» Buying O.D. 3.97 1-8 3.96 7-8