EXCHANGE RATES.

Auckland Star, Volume LXVII, Issue 194, 17 August 1936, Page 4

EXCHANGE RATES.

NEW ZEALAND QUOTATIONS. Following are the latest rates for pur•liases and sales of foreign exchange, quoted by the Bank of New South Wales, Auckland. They are subject to alteration * Tithoiit notice :—

FOREIGN QUOTATIONS. British Official Wireless. (Received 11.45 a.m.) RUGBY, August 15. Foreign exchanges on Londipn to-day. cornered with rates previously J. quoted :—

4 FINANCE, COMMER ON 'CHANGE. WEEK OPENS TAMELY.* G. J. COLES AN EXCEPTION. A fresli week opened very quietly on, the Auckland Stock Exchange this morning There were no sales in the room and "ortlj a small list from outside. Bidding generally was rather slow brokers being satisfied for the most pari to reinstate week-end quotations^ An exception was noted in G. J. Coies ; which made a further advance, with a buyer at £4 4/6 and sellers 3d higher. In the banking section New Zealands were steady, with further business at £1 19/9, and a subsequent market between £1 19/3 and £2. South British Insurance nad business unchanged at £4 9/, after which more could have been placed at the same figure. There was a good demand for Breweries, with inquiries for limes, Dominion, New Zealand, Staples' and Tooth's. Consolidated Bricks were close to business between 9/9 and 9/11, while buyers of Union Oils dropped back 3d, to £1 10/9. Government stocks were again in steady demand, and a parcel of '46's was available at £104, and one of '49's at £106. Cautious Tone at Noon. There was still a cautious tone at noon, and the sales list reflected fairly, steady values within limited scope. New Zealand Newspapers were most active at unchanged rates. G. J. Coles and Woolworths (N.Z.) both advanced, the former sharply, almost reaching their former peak. There were still buyers at the new figure, with no later sellers. The industrial section generally showed numerous blanks in buyers' qquotations, and margins were generally wide. In the banking buyers of v Commercials moved up Id. New Zealand Insurances were still asked for at the market rate. For Auckland Gas sellers reduced their limits Id, to £1 3/11. The mining- section was lifeless. SALES COMPLETED. AT THE 10 A.m. CALL TO-DAY— Last Sale. £ s d £ s d Bank of X.Z. .. l 10 'J .. l lo g X.Z. Insurance . 3 2 6.. 3 2 6 Soutli British . 4 0 0 .. 4 0 0 1'. and O. (def. stock) 1 10 0 .. 1 0 0 Waihi 0 10 0 .. 0 0 5 AT THE 12.1S P.M. CALL TO-DAY— Com. Bank (prf) 0 3 0.. 970 Bank of X.Z. .. 1 10 0 .. 1 10 O X.Z. Insurance . 3 2 0.. 320 Colonial Sugar . 42 15 O .. 42 15 0 • , U. J. Coles 4 4 0.. 4 1 4J Woolworth (X.Z.) 5 S 0 .. 5 7 0 X.Z. Xewspapers 13) 2 0 0.. 2 0 0 EXCHANGE RATES. NEW ZEALAND QUOTATIONS. Following are the latest rates for pur"liases and sales of foreign exchange, quoted by the Bank of Xew South Wales. Auckland. They are subject to alteration ' without notice:— To £1 X.Z. On Demand. Currency. T.T. Buying. Selling. U.S.A., dollar .. 4.02J 4.07J 4.nf,3 Canada, dollar . 4.03 4.073 4.03J Austria, seh. .. 2(1.92 — 20.94 Belgium, belga . 23.820 — 23.840 C.-Slovakia, er. . 06.74 — 96.70 Denmark, kroner 17.893 1S.263 17.1)03 France, franc . 01.08' — 61.12 Germany, r.m. . 9.970 — 9.075 Holland, florin . 15:807 ' —. 5.901 ' Java, florin 5.857 — T>:80t . Xorway, kroner 15.892 10.242 15.902 5weden,_kroner . 35.4SO 15J344 15.490 3witzeriand. fr.'. 12.234 : — 12.209 Noumea, franc . 5'».71 — 59.77 Papeete, franc . 59.8ti — 50.92 X.Z. pence to— Hongkong, dol. . 10.1-04 17.39-64 18 03-64 India &. Ceylon. • tupee ........ 22 29-32 22:1-32 22 57-64 Tapan. yen...... 17 41-04 37.025 ; Shanghai, dollar 1813-32 17 7-32 18 25-64 -Singapore,. doll . 35 31.-64 34:15-64 35 15-32

4 FINANCE, COMMEI ON 'CHANGE. WEEK OPENS TAMELY.* G. J. COLES AN EXCEPTION. A fresli week opened very quietly on, tli Auckland Stock Exchange this mornim There were no sales in the room and onl a small list from outside. Bidding generally was rather slow brokers being satisfied for the most par to reinstate week-end quotations^ An exception was noted in G. J. Coles which made a further advance, with buyer at £4 4/6 and sellers 3d higher. In the banking section New Zealand were steady, with further business at £ 19/9, and a subsequent market betweej £1 19/3 and £2. South British Insurance nad busines unchanged at £4 9/, after which mor could have been placed at the same figure There was a good demand for Breweries with inquiries for limes, Dominion, Nev Zealand, Staples' and Tooth's. Consolidated Bricks were close to busi ness between 9/9 and 9/11, while buyer: of Union Oils dropped back 3d, to £1 10/9 Government stocks were again in steadi demand, and a parcel of '46's was availabli at £104, and one of '49's at £106. Cautious Tone at Noon. There was still a cautious tone at noon and the sales list reflected fairly, stead) values within limited scope. New Zealanc Newspapers were most active at un changed rates. G. J. Coles and Woolwort'n: (X.Z.) both advanced, the former sharply almost reaching their former peak. There were still buyers at the new figure, with no later sellers. The industrial section generally showec numerous blanks in buyers' qquotations and margins were generally wide. In the banking buyers of* Commercials moved up Id. Xew Zealand Insurances were still asked for at the market rate. For Auckland Gas sellers reduced theii limits Id, to £1 3/11. The mining- section was lifeless. SALES COMPLETED. AT THE 10 A.m. CALL TO-DAY— Last Sale. £ s d £ s d Bank of X.Z. .. 1 10 'J .. 1 19 9 X.Z. Insurance . 3 2 6.. 3 2 0 Soutli British . 4 0 0 .. 4 9 0 1*. and O. (def. stock) 1 10 0 .. 1 9 9 Waihi 0 10 0 .. 0 0 5 AT THE 12.1S P.M. CALL TO-DAY— Com. Bank (prf) 0 3 0.. 970 Bank of X.Z. .. 1 10 0 .. 1 10 0 X.Z. Insurance . 3 2 0.. 320 Colonial Sugar . 42 13 O .. 42 15 0 . , U. J. Coles 4 4 0.. 4 1 4J Woolworth fX.Z.) 3 S 0 .. 5 7 0 X.Z. Xewspapers 13) 2 0 0.. 2 0 0 EXCHANGE RATES. NEW ZEALAND QUOTATIONS. Following ars the latest rates for pur"liases anil sales of foreign exchange, quoted by the Bank of Xew South Wales. Auckland. They are subject to alteration ' without notice:— To £1 X.Z. On Demand. Currency. T.T. Buying. Selling. U.S.A., dollar .. 4.02J 4.07J 4.nf,3 Canada, dollar . 4.03 4.073 4.03J iustria, seh. .. 2(1.92 — 20.94 Belgium, belga . 23.829 — 23.840 C.-Slovakia, er. . 06.74 — D6.79 Denmark, kroner 17.893 1S.263 17.903 France, franc . 01.08' — 61.12 Germany, r.m. . 9.970 — 9.075 Holland, florin . 15:807 ' —. 5.901 ' Java, florin 5.857 — T>:80t . Xorway, kroner 15.892 10.242 15.902 5weden,_kroner . 35.4S9 15.J344 15.499 3witzeriand. fr.'. 12.234 : — 12.209 Xoumea, franc . 5'->.7l — 59.77 Papeete, franc . 59.80 — 59.92 X.Z. pence to— Hongkong, dol. . 19.1-04 17,30-64 18 03-64 India &. Ceylon. • Llipee ........ 22 29-32 22-1-32 22 57-64 Tapan. yen...... 17 41-04 37.025 ; Shanghai, dollar IS 13-32 17 7-32 18 25-64 -Singapore,. doll . 35 31.-64 34:15-64 35 15-32 FOREIGN QUOTATIONS. British Official Wireless. (Received 11.45 a.m.) RUGBY, August 15. Foreign exchanges on Londjpn to-day. comjared with rates previously ! quoted :— Aug. 15. Aug. 14. Par. Montreal, dol. i 5.023 -*5.021 4.866 few York. dol. 5.02 13-16 5.02} 4.800 ?aris,' franc .. 70 23-64 76.375 124.21 3russels, belga .29.83} 29.83} 35 ieneva, franc . 15.42} -13:42} 23:22 Amsterdam, fl. 7.40} 7.40} 12.107 Milan, lire .... 03 13-16 03.875 92.40 3erlin, r.m. ... 12.49}- 12.49}. 20.43 Stockholm, kr. . 19.90 . 19.90 18.159 Copenhagen, kr. 23.37} 23.37} 18:159 Oslo, J»r. . : 19:903 19:90} .18.159 Vienna,- sph. .. 20.50 26.50 34.585 Prague, kr..... 121.025 121.75 104.25 i Helsingfors. ink. 227 227 129.23 iladrid, pes. .. 39§ 39.875§ 23.221 Lisbon, escu. .. 110 3-10 110.125 110 Athens, dr. ... 529f 529t 375 Bucharest, lei. . 675f 075t 813.0 Hio, mil 4.25 4.25 5.9d H. Ayres, dol. . 35 35 47.62d M'video, dol. -- 3S.75f 3S.75f old Bombay, rupee 18.125 18.125 18d Shanghai, dol. 1413-10 1413-10 * Hongkong, dol: 14 20-32 14 29-32 » Yokohama, yen 141-16 14 11-32 24.58 3atavia, fl.' ... 7.37} 7.37} 12.10 3elrade, din. . 220 220 276.31 All quotations are for cable transfers. •Determined on the price of silver, f Sellers. IXominal.