FINANCIAL NEWS
BASE METAL MARKET COPPER FIRMER; OTHERS STEADY London, May 24, The ofllcial London (middle) quotations for Monday, 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 for their purchases and sales of foreign exchanges:
The Associated Banks (other than thie Bank of New South Wales) quoted the following dollar rates yesterday on a New Zealand currency basis. They are subject to alteration without notice.
NX Pound Abroad. Based on figures quoted by ths Bank of New South Wales, the New Zealand pound, compared with Its original par value, is equivalent to ap proximately; 16/1 in London £l/0/1 in Australia. 16/31 in U.S. 16/3 in Canada. 14/3 in France. 16/31 in Italy. 9/7 in Germany. £l/8/11 in Japan. 11/9 J In Java.
May 21 Per ton. May 24 Per ton. Copper-— Standard, Spot 61 7 6 62 2 6 Ditto, forward 59 6 3 59 18 9 Electrolytic . 64 0 0 64 10 0 Wire Bars . . 66 0 0 66 10 0 Lead— .Spot . 24 13 9 24 13 9 Forward ... ..24 11 3 24 12 6 Spelter— Spot ...... .23 12 6 24 3 9 Forward ... . 23 17 '6 24 8 9 Tin— Spot 253 0 0 253 15 0. 1 Forward .... 251 0 0 252 17 6 ! Silver — Standard per oz. 20 3-8d 201 Fine ...... 22d 22 7-S!
New Zealand Baying. Selling. on L-ondon ... T.T. 124 124/10/£N.Z. to £ stg. 100 . 0:0. 123/10/-124/8/9 Australia .. T.T. — — £A to £100 O;D. 101 100/'*/Fiji ......' T.T. — •— £F to £100 O.D. 90/7/6 89 New York .. T.T. 3.99.30 3.95.62 Dol. to £. O.D. 4.00 55 3.96 12 Montreal .. T!T. 3.98 ?3 3.94 85 Doi to £ O.D. 3.99 58 3.95 35 Austria .... T.T. — 20.68 Schgs. 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 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 £. OiD. — 9.810 Holland T.T. 7.344. 7.194 Els. to £.. O.D. 7.4(14 7.198 Italy ...... T.T. — 75.30 Lire to £ .O.D. — 75.35 Java T.T. 7.321 7.161 Els. to £. . OD. 7.381 7.165 Switzerland . T.T. 17.476 17,206 Frs. to £ . O.D. 17.5.81 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 fl. to 1 *01. 0.0. 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 - ■ ■■ Geylnii .... T.T. 22 3-8 22 21-32 d. to rupee. O.D. 22 11-32 22 41-64 .Japan ..... T.T. — 1715-32 d. to 1 yen O.D. --- 17 29-64 Singapore .. T.T. 34 23-32 35 13-64 a. to 1 dol. O.D. 34 5-8 35 3-16
U.S.A. Doi. Canadian Doi Selling (Per £1 N.Z.) (Per £1 N.Z.) T.T. 3.961 3.95 7-8 O.D. 3.965 3.96 3-8 Buying O.D. 4.01 1-8 4.00 5-8
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TCP19370529.2.49
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Central Press, Volume IV, Issue 445, 29 May 1937, Page 6
Word count
Tapeke kupu
491FINANCIAL NEWS Taranaki Central Press, Volume IV, Issue 445, 29 May 1937, Page 6
Using this item
Te whakamahi i tēnei tūemi
Copyright undetermined – untraced rights owner. For advice on reproduction of material from this newspaper, please refer to the Copyright guide.
Log in