EXCHANGE RATES.

Press, Volume LXVII, Issue 20413, 7 December 1931, Page 10

EXCHANGE RATES.

NEW ZEALAND AND AUSTRALIA. Following the announcement of the decision in Australia, to lower the exchange rates Australia on London and Australia on New Zealand, the Associated Banks in . New Zealand have revised the rates New Zealand on Australia as from Thursday. The new rates are as follows, the former rates being given for purposes of comparison:—

Table for converting New .Zealand currency into Australian currency:—

Table for converting New Zealand currency into Australian currency:—

FOREIGN EXCHANGES. ojticial. nimiLisi.) (Received December 6th, 7 p.m.) RUGBY, December 4. The following are the current rates of exchange, compared with those of December

LONDON QUOTATIONS. arnwiD .r*Mr *«sociAMd*~BT HJCTJUO . uLiaBAPK^-corraioirr.) (Received December 6th, 5.S p.m.) LONDON, December .5. Friday' doling prices were as follows: Cotton—January, 4.86 d Rubber—Para, 3Jd; plantation smoked, 3 l-iea; Jute—December-January, £22 15s. Hemp—None offering. Copra—December, South Sea, £l4 ss; plantation Rabaul, £ll 10s. Linseed Oil—£ls 10a. Turpentine—s3* WELLINGTON BUILDING SOCIETY. DIVIDEND, 7 PER CENT. The Wellington Permanent Building Society, in its balance-sheet for tha year ended November 10th, shows that the total revenues at £8224 increased by £7Bl compared with the previous year. The net profit was £4735, an increase of £729. Adding the amount brought forward from the previous year, there was available £4898, out of which an interim dividend amounting to £1856 was paid, leaving , £3042. A further dividend of SJ per cant, has been paid, making 7 per cent, for the year, £IOOO has been placed to reserve, and the balance of £77 carried forward. The loans on mortgage total £114,097, having been increased by £2743 during the year. It is stated in the report that the securities held ara sound and satisfactory, and it is not anticipated that any loss will be made. Mortgagors are said to be making interest and other payments with remarkable promptitude. The liabilities are: Due to depositors £50,999, creditors £925, and due to bank £36. The reserve fund stands at £ISOO. The capital is divided into A shares £51,873, and B shares £5726. CANTERBURY CO-OP. POULTRY PRODUCERS, LTD. Numbers "of poultry came into the yard last week, but there was a distinct shortage of heavy table chickens and ducklings ready for killing. Anything small or unfinished is not meeting with a ready sale, and prices for these aro down, A fair number of goslings came forward throughout the week; but a lot of these were small and unfinished. The following prices were realised per pair:—Table chickens, light 4s to 7s 6d, heavy 8s 6d to lis 6d; hens, light 2s 3d to 3s 9d, heavy 4s 6d to 7s; ducks, old 3s 6d to 5s 6d; ducklings, light 3s to 6s 6d, heavy 6s 6d to 9b; gosling* 7s Sd to lis; turkeys, hens 9s 6d to 14s, gobblers lis Sd 10 Eggs—Prices are: First «rade Hen eggs lid, seconds and ducks lOd. All guaranteed fresh. — 6

Nevr rate. Old rate. £ s. d. £ 8. d. Buying .. 114 7 6 119 7 6 Selling .. 113 12 6 118 12 6

Hate Kate £114 7 6 £113 12 6 Australia. New ZeaNew Zealand. land. £ s. d. £ a. d. £1. 0 17 C' 0 17' 7 £2 1 15 0 1 15 2 1! 12 6 n 12 10 £4 3 10 0 3 10 5 £3 4 7 5 4 8 0 £1) .■ 5 4 11 5 5 7 ' £7 . 6 2 5 6 3 :? £S . 6 19 11 7 0 10 £9 7 17 5 7 18 5 £10 . 8 14 10 8 16 0 £20 . 37 9 9 17 12 1 • .£30 26 4 7 26 S 1 £40 . 34 19 6 35 4 1 £50 . 43 14 4 44 0 1 £60 . 52 9 2 52 16 1 £70 . 61 4 0 61 12 2 £80 . 69 18 11 72 8 2 £90 . 78 13 9 79 4 2 £100 . 87 8 8 88 0 2

Rate Rate £114 7 6 £113 12 6 New Zealand. Australia. Australia. £ 8. a. £ a. d. £1 1 n 10 , 1 2 9 M 2 5 9 2 5 5 £3 ,1 8 7 3 8 2 £4 4 11 6 ■ 4 10 11 5 14 4 5 13 1 £fi 6 17 3 6 16 4 £7 8 ft 1 7 19 1 £S 9 3 0 9 1 10 £9 10 5 10 10 4 6 £10 11 8 9 11 7 3 £20 22 17 6 22 14 6 £30 34 6 3 34 1 9 £40 45 15 0 45 9 0 £50 57 3 9 56.16 3 £60 68 12 6 68 3 6 £70 80 0 1 79 10 9 £80 91 10 0 90 18 0 £90 102 18 9 102 5 3 £100 114 7 ,6 113 12 6

8rd and par:— Par. Dec. 3. Dec. 4. Parie, fr. to £1 124.21 86 853 New York, dol. to £t 4.886 • 3.864 3.332 Montreal, dol. to £1 4.88G 3.92 3.90 Brutsela, belgas to £1 35 24i 24 Geneva, fr. to £1 .. 25.22G 17 9-32 174 Amsterdam, fl. to £1 12.107 8 11-32 8 9- 82 Milan, lire to £1 .. 93.43 655 65| Berlin, rcichmarken to £1 .. 20.43 14 3-16 148-16 Stockholm, kr. to £1 13,169 18 3-16 185 Copenhagen, kr. to £1 18.159 18 3-16 184 Oslo, kr. . to £1 18.159 18J 184 Vienna, schgs. to £1 S4.B85 29 ' 28 Prague, kr. to £2 .. 164.25 114 113 Kslaingfors, mark* to 1924 1924' £1 •; 93.33 Madrid, pesetas " to £1 ■ 44.325 404 4Q Lisbon, escudos to £1 ' .. 4.30 109* 103i Athens, drach to £1 ■ 375 l •2624 235J Bucharest, lei to £l 816.fi 570 560 Rio d« Janeiro, pence to milreis . .. 4.968 H Buenos Ayre»> pence to dol. .. .. 47.577 m x 40J Montevideo, pence to , dol. 314 — Bombay; pence < to , 1 184 rtijpee •• ,i 16 18 3-32 Shanghai, pence to 2217-82 tael .. .. 24 i ' 28 9-16 Hong Kong, pence to : dol. ai 3615-16 16 29-33 Yokohama, pence to yen .. ,. 24.95 354 35§