FINANCIAL NEWS
BASE METAL MARKET Copper, Lead and Tin Stronger London, April 28. The official London (middle) quotations for Wednesday, as reported by the Australian Mines and Metals Association, compare with those previously cabled as follows:
FOREIGN EXCHANGES On New Zealand Currency Basis. The Bank of New South Wales, Wellington, quoted the following rates tor their purchases and sales of foreign exchanges: New Zealand Buying. Selling.
Ths Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates yesterday on a New Zealand currency basis. They are subject to alteration without notice. U.S.A. Doi. Canadian Doi Selling (Per £’. N.Z.) (Per £1 N.Z.) T.T. 3.96 5-16 3.95 J O.D. 3.96 13-16 3.96 Buying O.D. 3.991 3.98 3-8 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 eiuivalent to approximately:— 16/1 in London £l/0/1 in Australia. 16/31 in U.S.A. 16/3 in Canada. 14/31 in France. 16/31 in Italy. 9/7 in Germany. £l/8/li in Japan. 11/10 in Java.
April 27. Per ton. April 28. Per ton. Copper—• Standard, spot 58 6 3 60 12 6 Ditto, forward 55 18 58 3 9 Electrolytic . . 61 10 0 62 10 0 Wire bars .. 63 0 0 64 10 0 Lead— Spot .. 24 13 0 . 25 1 3 Forward .... . 24 10 0 24 17 6 Spelter— Spot ,.24 0 0 24 10 0 Forward ..24 1 3 24 10 0 Tin— Spot ........ 255 5 0 256 5 0 Forward .... 255 12 6 252 5 0 Silver— Standard per oz. 20Jd 20 7-16d. Fine 21 7-8d 22 l-16d.
on Irondon ... T.T. 124 124/10/£N.Z. to £ stg. 100 . O.D, 123/10/-124/8/9 Australia .. T.T. — —-. £Ato £100 O.D. 101 100/“'/Fiji t T. — £F to £100 O.D. 90/7/6 89 New York .. T.T. 3.99 85 3.96 22 Doi. to £. O.D. 4.01 10 3.96 72 Montreal .. T.T. 3.99 03 3.95 55 Doi to £. O.D. 4.00 28 3.96 05 Austria .... T.T. — 20.73 Schgs. to & O.D. — 20.75 Belgium .... T.T. — 23.373 Bel. to £ .. O.D. — 23.384 Czechoslovak T.T. — 112.96 Crs to £ .. O.D. — 113.01 Denmark .... T.T. 18.203 17.893 Kr. to £... O.D. 18.263 17.903 France T.T. — 88.70 Frs. to £. O.D. — 88.74 Germany .. T.T. — 9.805 R.M. to £. O.D. — 9.810 Holland .... T.T. 7.344 7.194 Els. to £ .. O.D. 7.404 7.198 Italy T.T Lire to £ . O.D. — 75.35 Java 11 T.T. 7.321 7.161 Els. to £.. O.D. 7.381 7.165 Switzerland . T.T. 17.476 17,206 Frs. to £ . O.D. 17.581 17.211 Norway .... T.T. 16.183 15.893 Kr. to £.. O.D. 16.241 15.901 Sweden .... T.T. 15.785 15.490 Kr. to £.. . O.D. 15.845 15.500 Shanghai .... T.T. 17 29-32 18 13-32 d. to 1 dol. O.D. 17 7-8 18 25-64 Hong Kong . 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 3-8 22 21-32 d. to rupee. O.D. 22 11-32 22 41-64 Japan T.T. — 17 15-32 d. to 1 yen O.D. — 17 29-64 Singapore .. T.T. 34 23-32 35 13-64 d. to 1 dol. O.D. 34 5-8 35 3-16
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Taranaki Central Press, Volume IV, Issue 421, 30 April 1937, Page 8
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492FINANCIAL NEWS Taranaki Central Press, Volume IV, Issue 421, 30 April 1937, Page 8
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