FINANCIAL NEWS

Taranaki Central Press, Volume IV, Issue 370, 26 February 1937, Page 6

FINANCIAL NEWS

BASE METALS MARKET Coppet Firmer. London, Feb. 25. The official London, (middle) quotations for Wednesday, as reported by the Australian Mines’aprK Metals Association, compare with those previously cabled as follows: Feb. 23. Feb. 24.

Silver— Standard, per oz. 20 l-Bd. 20 l-16d. Fine 21 11 ICd. 21 5-Bd. 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. on

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.

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. 16/11 in Canada. 13/62 in France. 16/11 in Italy. 9/6 in Germany. 11/81 >n Java. £l/8/11 in Japan. Dividends Due. Gillespie’s Beach—ld. pci* share Feb. 24 Nat. Mortgage and Agency Co. 5 p.c. and bonus 11 p.c Feb. 24 Quill Morris (1936)—final, 21 p.c. Feb. 24 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 Kando& Cement—int., 5 pc. Feb. 26 Silverton Tramways—9d. per

share Feb. 26 Kuala Lumpus Tin, 1/- per Share Feb. 26 Elder, Smith—lnt., 6 p.c. p.a. Mar. 1 Carlton and United Brewer-

ies—1/3 per share .... Mar. J. Berlel, Ltd., Sydney—ord. 5 p.c.; pref., 4 p.c. Mar. 1 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. Ilk Apex Investment Trust, N.Z. Final, 3 p.c., making 5 p.c. for year . Mar. 18 Broken Hill South—Quarterly, 1/- per share Mar. 24 Huddart Parker, Ltd.—final pref. 3 p.c.; ord. 4 p.c. Mar. 20

Per ton. Per ton. Copper— £ s’. d. £ s. d. Standard, spot' 65' 2 « 66 18 9 Do., forward . 65 2 6 66 18 9 Electrolytic . 69 0 0 71 10 0 to 71 19 9 73 0 0 Wire bars .. 71 10 0 73 0 0 Lead — Spot .. 30. 5 ,.o . 30 14 » Forward 3d 3 0 30 io 6 Spelter— Spot .'3 28 12 S 29 13 $ Forward .... ■ 28 15 0 29 13 9 Tin— Spot 249.-10 0 241 10 0 Forward .... ■250; 10 0 242 10 0

London T.T. 124 124/10/£N.Z. to £ stg. 100 . O.D. 1A/10/124/8/9 Australia . T.T. — — £A to £100 O.D. 101 ' 100/10/Fiji T T £F to £10< ) O.D. 90/7/6 89 New York .. T.T. 3.95J 3.917-8 Doi. to £. O.D. 3.98? ■ 3.92 3-8 Montreal .. T.T. 3.95J 3.92 Dol to £ . O.D. 3.963 3.921 Austria T.T. — 20.58 Schgs. to £ O.D. — 20.60 Belgium .... T.T. — 23.182 Frs. to £. O.D. — - 23.193 Czechoslovak. T.T/ « 111.72 Crs. to £. O.D. — 111.77 Denmark ... T.T. 18.203 17,893 Kr. to £. . O.D. 18.268 17.903

France T.T. — 84.23 Frs. to £. O.D. — 84.27 Germany ,... t.t; —- 9.697 R.M. to £. O.D. — 9.702 Holland .... T.T. 7.130 FIs. to £, O.D. 7.3447.134 Italy ........ T.T. — 74.44 ' Lire to £. O.D. — * • 74.49 Java T.T. 7.249 7.049 FIs. to £. O.D. 7:309 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. 17.403 17.133 Frs. to £ . O.D. 17.508 17.138 Shanghai ... T.T. 17 53-64 18 21-64 d. to 1 dot O.O. 17 51-64 18 5-16 Hong Hong. T.T. 18 19-64 18 51-64 d. to 1 dol. O.D. 18 17-64 18 25-32 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 35 7-32 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 3.92 O.D. 3.921 3.921 Buying O.D. 3.96 7-8 • 3.96 5-8