FINANCIAL NEWS
BASE METAL MARKET Little Changes In Prices -London, May 7. The official London (middle) quotations for Friday, as reported by the Australian Mines and Metals As sociation, 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 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 yesterday on a New Zealand currency basis. They are subject to alteration without notice. U.S.A. DoL Canadian Doi Belling (Per £’ N.Z.) (Per £1 N.Z.) T.T. 3.95 11-16 3.94 7-8 O.D. 3.96 3-16 3.95 3-8 Buying O.D. 4.00 9-16 3.99 9-16 N.Z. Pound Abroad. Ba»“d on tlgures 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. 16/3 in U.S.A. 16/2? in Canada. 14/2 in France. 16/3 in Italy. 9/7 In Germany. £l/8/1? in Japan. 11/9? in Java.
May 6. Per ton. May 7. Per ton. Copper— Standard, spot 60 2 6 60 3 S Ditto, forward 56 18 9 56 18 9 Electrolytic .. 63 0 0 65 0 0 Wire Bare .... 65 0 0 65 0 (f Lead— Spot 24 1 3 24 1 3 Forawrd 24 0 0 24 0 0 Spelter — Spot 23 2 6 23 3 9 Forward .... 27 7 6 23 10 0 rmSpot 249 12 6 249 6 8 Forward .... 248 2 6 247 5 0 Silver— Standard per oz. 20 7-16d. 20 3-4d. Fine .. 22 l-6d 22d.
on London T.T. 124 124/10/£N.Z. to £ Btg. .100 . O.D. 123/10/-124/8/9 Australia .. T.T. — — £A to £100. O.D. 101 too/-:/-Fiji ....... .T.T. — — to £100 O.D. 90/7/6 89 New. York T.T. 3.99.30 3.95162 Doi. to £. o.D. 4:0055 3.9612 Montreal .. T.T. 3.98 33 3.505 ■ Dol to £. O.D. 3.99 68 3.95 35 Austria T.T. — . .20.68 Scbgs. to £ O.D. — . .20.70 Belgium .... T.T. — 23.345 Crs .to £ .. O.D. — 23.356 Czechoslovak T.T. — 122,91 Crs to £ .. O.D. — 113.01 Deftmark. T.T. 18.203 17.8§3 Kr. to £.., O.D. 18.263 17.903 France ...... T.T. — 88.70 Frs. to £. O.D. — 88.74 Germany ■ T,T. — 9.805 RM. to £. O.D. — 9.819 Holland .... T.T. 7.344 7.194 Dis., to. £.. O.D. 7.404 7.198 Italy T.T. — 75.30 Lire to £ . O.D. — 75.35 Java .. 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. 17.681 17.211 Norway .... T.T. .16.183 15.893 Sir. to £.. O.D. 16.241 15.901 Sweden. T.T. 15.785 15.490 Kt. 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. 1819-64 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 <1. to 1 dol. O.D. 34 5-8 35 3-16
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Taranaki Central Press, Volume IV, Issue 430, 11 May 1937, Page 2
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487FINANCIAL NEWS Taranaki Central Press, Volume IV, Issue 430, 11 May 1937, Page 2
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