THE STOCK EXCHANGES

Press, Volume LXXII, Issue 21806, 11 June 1936, Page 15

THE STOCK EXCHANGES

DEALINGS COMPLETED

Banking Bank of Australia declined to £ll 14s and £ll 13s. National Bank of Australasia, £5 paid, were firm with sellers and dealings at £7 ss. Bank of New Zealand, cum dividend, relapsed to 45s 3d, sellers staying in at that figure, buyers at 455. National Insurance were fractionally firmer at 18s 2d, market closing Id either way. Buyers of New Zealand Insurance raised their bids to 63s 3d without attracting sellers. New Zealand Guarantee Corporation were steady at 5s 6d. closing quotations Id on either side. New Zealand Refrigerating, 10s paid, were fractionally firmer at 9s 8d and 9s 9d, market closing 9s 7d buyers, 9s 8d sellers —the iully paid were firmer on buyers’ offers 19s 9d. Wellington Woollens changed hands at £6 ss. New Zealand Breweries, cum dividend, had dealings at 54s Id and 545, and more were offered at 54s Id, buyers at 53s lid. ‘Tooths Brewery shares had business at 525, market closing Id either way. Australian Glass, cum dividend, were fi.'ner with buyers and business at 92s 6d.

Miscellaneous Broken Hill Proprietary rose sharply to dealings at prices ranging from 73s 3d to 72s lid, market closing 72s 11J. buyers, 73s sellers—the contributing gained 4s at 50s 4d, 50s sd, and 50s 6d, and closed firm. British Tobaccos were firmer on buyers’ offers 40s lOd. Electrolytic Zinc, ordinary, had business at 37s 4d. G. J. Coles were fractionally firmer at 79s 9d. Hume Pipe recovered to 19s 7d and 19s 9d, and more were wanted at the higher price. Kauri Timbers advanced to 23s 6d and 23s 7d. and these were buyers’ and sellers’ closing quotations respectively. Wilcox Mofflin were fractionally weaker at 11s Id. Brian Borus remained unaltered with buyers and business at 3,' d. Mount Lyells were steady at 24s 3d. Mount Morgans moved un to 14s 6d, 14s 7d, 14s 7J-d. and 14s Bd, and closed firm. Unlisted Stocks Self ridges (Australasia), old, were firm with buyers and business at 25s 6d—the new shares were firmer with dealings at 25s 6d and 25s 3d, market closing 25s 3d buyers, 25s 6d sellers. Shillings moved up a point to 11s sd. Woolworths had dealings at £5 8s and £5 7s 6d, sellers staying in at the lower price, buyers at £5 6s 9d. LATEST QUOTATIONS N.Z. Govt. Debentures Buyers. Sellers.

BROKEN HILL RISE AGAIN MOST SECTIONS ACTIVE ft Broken Hill shares were again actively in request on the Christchurch Stock Exchange yesterday, and values showed a further rise. Selfridges had an excellent turnover also, and Mount Morgan received attention. The market was busy all over, and turnover was good, though prices were inclined to be erratic.

All transactions in slocks quoted in this section are subject to a different rale of brokerage from listed stocks, and are not quoted on the official list; —

AUCKLAND Sales on ’Change £ s. d.

Have you anything j sell?—Do you wish to buy? If so, a small advertic ment in the classified section of “The Preps” will be all you need. 12 words Is, three insertions 2s 6d. —6

WELLINGTON

DUNEDIN

MELBOURNE

SYDNEY On the Sydney Stock Exchange yesterday, leading industrial shares were firm to higher. Australian Glass continued to advance, and the interest in retail shares was unabated. Morning Sales £ s. d.

LONDON QUOTATIONS (UNITED PRESS ASSOCIATION—COPYRIGHT.) LONDON, June 9. £ s. d.

DOLLAR MARKET RATES 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. Canada.

FOREIGN ENHANCES (buttish official wireless.)

FOREIGN EXCHANGE RATES The Bank of New South Wales, Christchurch, quoted the following rates as ruling yesterday for its sales and purchases of foreign exchange. The rates are subject to alteration without notice:— Buying. Selling.

LISTED STOCKS Sales , on ’Change £ 5, d. 20 Bank of Australasia 11 14 0 no Natl. Bank of A/asia (£5 paid) .. (2) 7 5 u 200 Bank of N.Z. (cum div.) .. (2) 2 5 3 400 N.Z. Refrig. (10s pd.) (3) 0 a a 300 N.Z. Breweries (cum div.) 2 14 l (4) 2 14 0 100 Tooths Brewery 2 12 0 800 Broken Hill Propty. (3) 3 13 3 (2) 3 13 2 (5) 3 13 0 3 12 11 150 Broken Hill Propty. (contr.) .. (2) 2 10 4 2 10 5 300 Hume Pipe (Aust.) .. 0 19 7 (2) 0 19 9 200 Kauri Timber 1 3 6 1' ' 3 7 100 Wilcox Mofflin 0 11 1 700 Brian Boru 0 0 3; 200 Mount Lyell (cum div.) ■. (2) 1 4 3 G59 Mount Morgan 0 14 C 0 14 7 0 14 74 (4) 0 14 7 0 14 71 (2) 0 14 8 Sales Reported 100 National Insurance .. 0 18 2 700 N.Z. Guarantee Corpn. 0 5 6 400 N.Z. Refrig. (10s pd.) 0 9 8 (2) 0 9 9 0 9 8 20 Bank of Australasia 11 13 0 60 Wellington Woollens (ord.) .. (2) 6 5 0 50 Aust. Glass (cum div.) 4 12 6 50 Broken Hill Propty. (contr.) 2 10 G 200 Electro. Zinc (ord.) .. 1 17 4 100 G. J. Coles (2) 3 UNLISTED STOCKS 19 9 Sales on ’Change 600 Selfridges (A/asia), new . . (4) 1 5 3 1 5 6 1 5 3 310 Shillings, Ltd. (7s 6d paid) .. (2) 0 11 5 45 Woolworths (Syd.), ord., ex rights (2) 5 7 6 Sales Reported 50 N.Z. Perpetual Forests 3 0 0 100 Selfridges (A/asia), old 1 5 6 150 Woolworths (Syd.), ord., ex rights (2) 5 7 6 5 8 0

£ s. d. £ s. d. 3i p.c. Ins., 1939-43 . , — 103 0 0 p.c. Ins., 1939-32 .. — 103 0 0 4 p.c. Ins., 1937-40 102 7 6 4 p.c. Ins., 1943-46 104 0 0 104 10 0 4 p.c. Ins., 1946-49 104 0 0 4 p.c. Ins., 1952-55 106 0 0 106 10 0 4 p.c. Bonds, 1940 102 10 0 4 p.c. Bonds, 1946 104 0 0 — 4 p.c. Bonds, 1955 106 0 0 — Other Debentures Booth, MacDonald, 6£ p.c., 1937 72 0 0 N.Z. Refrig., 4.J p.c., 1940-45 101 10 0 — Banks Australasia (£5) 11 10 0 11 ■15 0 Comm, of Aust. (10s) 0 19 1 0 19 3 Comm, of Aust. (pref., £10) 9 0 0 9 5 0 E„ S„ and A. (£3) .; 6 3 0 6 4 6 Natl, of A/asia, (£10 paid) ... 14 16 0 15 0 0 Natl, of A/asia. ' (£5 paid) 7 4 9 7 5 0 Natl, of N.Z. (cum div„ £2 10s) 3 11 6 3 11 6 N.Z. (cum div., £1) .. 2 5 0 2 5 3 N.Z. (mort. shares cum div., £1) 1 9 6 1 10 0 Union (£5) — 9 14 6 Insurance National (6s paid) 0 18 1 0 18 3 New Zealand (£1) 3 3 3 — Standard (£1) 3 2 6 — Loan and Agency Dalgety and Co. (£5) 8 10 0 9 2 6 Goldsbrough, M. (cum div., £1) 1 12 1 1 12 2 Invincible Bldg. Soc. (£5) 4 16 0 5 0 0 N.Z. Guar. Corpn. (3s) 0 5 5 0 5 7 N.Z. Loan and Merc. (£100) 36 0 0 Perm. Invest. (£10) ,. — 10 5 0 United Build. Soc. (£1) —. 1 2 0 Wright, Stephenspn (pref,, £1) J 0 3

Buyers. Sellers. £ s. d. £ s. d. Wright. Stephenson (ord., £1) .. — 0 19 9 Shipping Huddart-Parker (pref.. £1) 1 6 0 — P. and O. Def. Stock (£1) 1 4 0 1 6 0 Union (pref., £1) 1 7 3 Frozen Meat Canterbury (£7 10s pd.) 8 15 0 9 7 6 Canterbury (pref., £5) 5 17 6 — N.Z. Retrig. paid) 0 19 9 1 0 3 N.Z. Refrig. (10s pd.) 0 9 7 0 9 8 Woollens Oamaru (cum div.. £1) 1 1 9 Kaiapoi (17s paid) 0 15 0 0 15 6 Kaiapoi (7s paid) 0 5 11 0 6 3 Coal Grey Valley (£1) , .. 0 9 0 Westport (10s) 1 1 0 Stockton (10s) 0 1 2 0 1 6 Stockton (pref., 10s) .. 0 2 2 — Gas Auckland (£1) — 1 7 0 Christchurch (£1) 1 12 0 1 13 0 Christchurch (10s paid) — 0 16 9 Timaru (£1) •— 1 2 0 Breweries New Zealand (£1) 2 13 11 2 14 1 Queensland (£1) 1 9 c — Staples (£1) 1 14 6 — Timaru (10s) 0 14 6 — Tooths (£1) 2 11 11 2 12 1 Miscellaneous Antlpny Hordern (£1) 0 18 4 0 18 7 Assoc. Newspapers (£i) 1 "2 0 — Aust. Glass (cum div.. £1) 4 12 6 4 13 0 Beath and Co. (£1) — 1 7 3 Bcath and Co., pref., £1) — 1 6 0 British Tobacco (cum div.. £1) 2 0 10 2 0 11 Broken Hill Prop. (£1) 3 12 11 3 13 0 Broken Hill Prop. (con. 6s 8d paid) 2 10 4 2 10 6 Claude Neon (N.Z.) (£1) • — 2 2 0 Colonial Sugar (£20) .. — 42 0 0 Consol. Brick (£1) — 0 10 8 Farmers’ Trading (5s) — 1 0 6 Dom. Fertiliser (£1) .. 1 5 0 1 6 6Dunlop Rubber (£1) .. (j 17 3 0 17 5 Electro. Zinc (ord., £1) 1 17 4 1 17 6 Electro Zinc (pref.. £1) 1 19 7 2 0 0 General Indust. (£1) 0 18 9 0, 19 5 G. J. Coles (£1) 3 19 5 3 19 9 Howard Smith (£1) .. 0 18 9 — Hume Pipe (Aust.), 10 (£1) 0 19 9 0 19 Kauri Timber (25s) 1 3 6 1 3 7 Mason, Struthers (£1 16 0 paid) 0 14 0 0 Milburn Lime (£1) 2 1 0 2 3 0 Morts Docks (£1) — 0 9 11 N.Z. Drug (£2) — 4 0 6 N.Z. Farmers' Co-op. (£2 10s paid) N.Z. Farmers’ Co-op. 0 19 0 — (10s paid) 0 0 9 0 1 3 N.Z. Farmers’ Co-op. 15 (1st pref., £5) 3 0 — N.Z. Farmers’ Co-op. (41 p.c. stock, 1940, 91 £100) 0 0 — 9 N.Z. Newspapers (£1) — 2 2 Procera Bread flOs) .. — 1 12 6 Quill. Morris (1936), (£1) 0 17 3 0 18 7 Simnson and Williams (£1) 1 4 0 1 7 0 Taupo Totara Timber (10s) ’• " United Pictures (ED - • United Provisions (£1) 0 13 8 0 0 0 1 10 19 14 o 3 0 f. 0 Tjriwins (pref.. £1) •• *3 Whitcombe and Tombs 3 0 H 11 (; (£2 10s paid) ■ • Wilcox. Mofflin (£1) 0 11 2 8 Wilson’s Cement (cum div.. 10s) .. — 2 6 0 Woolworlhs (N.Z. 1, (ord., £D 8 9 0 9 0 0 Woolworlhs (N.Z.) 16 0 (pref., £1) • Woolworlhs (Sydney). g (2nd prof., £1) 1 Mining Alexander (£1) 0 14 0 1 0 0 Alexander (15s paid) 0 13 10 U 1* 0 Antonio’s (Is) u U XU Argo (Is) Big River (Is) 0 1 Hi 0 0 X 2 0J Black water (cum div., 15s) Brian Boru (Is) 0 0 3i 1 17 0 0 0 3i Deep Lead (Is) 0 0 li 0 0 9i Gillespie’s Beach (Is) Q 1 1 li 0 0 Golden Point (6d) .. 0 0 0 Golden Sands (Is) 0 2 0 3 King Solomon (Is) .. 0 1 5 0 2 Lawson's Flat (Is) .. 0 0 2 0 0 o Maerewhenua (Is) 0 0 2| 0 0 1 Mahakipawa (6d) 0 0 0i 0 Maori Gully (Is) 0 0 Hi 0 0 1 2 1 3 0i Mataki (5s) .. '* Mossy Creek (Is) 8 0 G r? Okarito (5s) 0 I 0 i Skippers (Is) 0 0 3J 0 0 0 2 4 Waimumu Sluic. (Is) 0 0 6 0 (T Worksop Extend. (Is) 0 1 XX 0 Australian Mining Mount Lycll (cum div.. £1) 1 4 2 4 4 Mount Morgan (2s 6d) 0 14 71 0 14 11 £ Rawang Tin (10s) 0 8 8 0 y 0 UNLISTED STOCKS

Buyers Sellers. £ s. d. £ s. d. Andersons, Ltd. (pf.) 0 19 7 1 0 7 Canty. Roller Flour .. 0 5 0 0 6 0 Christchurch Press .. 8 0 0 10 0 0 Emperor Fiji 0 12 0 — National Tobacco — 3 7 6 N.Z. Mining Invest. — 0 0 7a South Seas Fishing .. 0 6 0 — Selfridges (A/esla., new) 1 5 3 1 5 6 Self ridges (A/asia., old) 1 5 G 1 6 6 Shillings. Ltd. (7s 6d paid) 0 11 4 0 11 5 Tiproff Seal 2 8 0 2 14 0 Thyrodcne Development, Ltd. 1 5 0 1 12 6 White’s Electric 0 0 7 0 0 9 Woolworths (Sydney). (ord., ex rights) 5 G 9 5 7 6 Woolworths (W.A.) (ex rights) ■— 5 9 0 Wellington Publishing Co. 4 0 0 5 0 0

Stock, 1938-52, 3J per cent. 103 0 0 Bank of New South Wales 32 7 6 Bank of New Zealand 2 5 3 Pukemiro Collieries . , 1 4 10 Auckland Gas 1 5 10 P. and O. (def. stock) 1 4 3 Dominion Breweries .. 1 3 9 Australian Iron and Steel (pf.) 1 5 0 Broken Hill Proprietary 3 12 6 (2) 3 13 0 Broken Hill Proprietary (con.) 2 8 3 2 9 0 Consolidated Brick (2) 0 10 5 Electrolytic Zinc 1 17 3 Farmers’ Trading 1 0 3 G. J. Coles 3 19 9 4 0 0 Holden’s Motors (pref.) 1 3 3 Hume Pipe (Aust) 0 19 7 Henry Jones 2 1 0 Morris, Hedstrom 1 5 6 Morts Dock 0 10 0 N.Z. Refrigerating (10s paid) 0 9 7 Northern Roller Mills 1 5 0 Peters Ice Cream 1 5 0 Wilson’s Cement 2 5 3 Woolworths (N.Z.) (pref.) 1 16 6 Golden Crown 0 9 fi Mount Morgan 0 14 5 Unlisted Stocks Dominion Breweries (pref.) I 5 3 N.Z. Perpetual Forests 3 1 0 Selfridges (Aust.) (new issue) 1 4 4 0 6 1 5 0 1 5 3 Woolworths (Sydney) 5 5 9 7 0 6 Alluvial Holdings . 0 1 6

Sales on ’Change d. £ S. Union S.S. Co. (late Tues.) (pD 1 1 6 6 2 2 P. and O. (def. stock) (late Tues.) 1 2 6 Con. Brick (late Tuds.) (2) 0 10 6 Cash Orders Amalg. (late Tues.) 1 1 8 8 n 3J o.c. Ins. Stock, 1938-52 102 15 0 4 p.c. Ins. Stock, 1937-40 102 12 6 N.Z. Guar. Corpn. 0 5 Auckland Gas 1 5 11 P. and O. (def. stock) 1 3 Standard Insurance 3 2 Kaiapoi Woollen (ord.) 0 15 6 Australian Glass 4 4 13 12 9 Huddart-Parker (ord.) (odd lot) i 15 6 Broken Hill Pty. (2) 3 13 0 3 13 3 Broken Hill Pty. (cont.) 2 9 0 G. J. Coles (2) 3 19 10 Hume Pipe 0 19 6 Big River 0 1 11 Tooth and Co. 2 12 0 Unlisted Stocks Woolworths, Ltd. (2) 5 8 0 Selfridges, Ltd. (new issue) (late Tues.) i 3 4 Shillings, Ltd. (2) 0 11 4

Sales on ’Change £ d. £ s. d. Bank of New Zealand 2 5 4 (2) 2 5 3 E., S v and A. Bank .. (2) 6 4 0 P. and O. (Def. stock) (odd loti 1 3 9 Westport Coal 1 1 6 Anthony Hordern 0 18 n G. J. Coles 3 19 8 N.Z. Drug Co. 4 0 3 Spencer's Theatres 0 6 9 N.Z. Breweries 2 14 3 4 per cent, stock, 1943-46 104 5 0

Commonwealth Bonds— 3 per cent., 1948 91 15 0 4 per cent., 1938 .. 102 15 0 4 per cent., 1941 101 2 6 4 per cent., 1944 101 12 6 4 per cent., 1947 101 15 0 4 per cent., 1953 102 6 3 4 per cent., 1957 100 17 6 Bank of New South Wales 32 12 6 Tooth’s Brewery 2 12 3 Anthony Hordern 0 18 Ui Australian Glass 4 13 6 Broken Hill Proprietary 3 14 0 Broken Hill Proprietary (new) 2 12 0 Colonial Sugar 41 17 6 Dunlop Perdriau 0 17 6 Howard Smith 0 19 li Lustre Hosiery 1 5 10i Meggitts 1 7 0 Afternoon Sales Bank of New South Wales 32 12 e Commercial Bank of Australia 0 19 7 Bank of Australasia ., 12 0 0 Associated Newspapers 1 2 3 Associated Newspapers (pf.) 1 2 9 British Tobacco 2 1 0 Tooth’s Brewery 2 12 3 Toohey’s Brewery 1 11 0 G. J. Coles 4 0 6 Australian Iron and Steel (pf.) 1 5 6 Australian Glass 4 13 3 9 Dunlop Perdriau 0 17 Goldsbrough, Mori 1 12 6 Henry Jones 2 1 0 David Jones 2 7 >0 Anthony Hordern 0 18 9 Anthony Hordern (pref.) 1 3 3 General Industries 0 19 6 General Industries (pref.) 1 4 0 Australasian Paper 1 15 0 0 3 Beard, Watson 0 18 0 Hume Pine 1 Cash Orders ■ • 1 7 0 percents 1 6 Meggitts 1 7 0 Gordon and Gotch 2 10 6 Claude Neon 2 10 9 Pichardson and Wrench 1 10 0 W. R. Carpenter • • 2 3 0 10J Lustre Hosiery 1 5 Wool worths (ord.), buvers 5 10 0 6 11 Woolworths (ord.), sellers 5 0 12 14 Mount Morgan Broken HiU Proprietary _ 3 13 Broken Hill Proprietary (new) 2 10 9 6 6 g South Broken TP 11 North Broken Hill P 5 8 0 0 12 4 8 5 Pawang Tin 2 Koroere

£ s. d. National Bank (£5 paid) .. 7 6 0 K, S„ and A. Bank .. 6 5 0 Australian Glass .. 4 n 13 0 3 British Tobacco . . 4 i Amalgamated Zinc .. o B 10 Q Howard Smith .. o 19 1 Q O Q Klectrolvtic Zinc .. 1 1 lo 4 41 Mount Lyell • • x o 13 “5 3 Emperor ’' o 18 3 Loloma

Bulolo Mount Lyell ..6 7 0 18 6 4A Dalaety. 4 ner cent. debs. , 100 10 0 British Tobacco i iZ 6. (Boidsbrough, Mort 1 5 Ik Dalgety shares '. . . 7 5 0 P. and 0. deferred stock 0 19 6

(Per £1 N.Z.) dol. dol. Selling— T.T. ... 4.01J 4.03 O.D. « . .. 4.02| 4.034 Buying— • * 4.06a 4.08 O.D. M .

RUGBY, June 9. Par. June 8. June 9. Paris, fr. to £1 124.21 75 51-64 76 11-64 New York, dol. to £1 4.866 4.99 15-16 5.01 7-16 Montreal, dol. 5.014 5.023 to £1 4.866 Brussels. belgas to £1 35 29.54 29.67J Geneva. fr. to £1 25.2213 15.43 15.50 Amsterdam, 7.39 7.42 fl. to £1 12.107 Milan, lire 63 15-16 633 to £1 92.46 Berlin, reich12.40} 12.45} marken to £1 20.43 Oslo, kr. to £1 18.159 19.90} 19.90 Stockholm, 22.39i 22.39} kr. to £1 18.159 Vienna, schgs. 263 263 to £1 34.585 Prague, kr. to £1 164.25 1201 121} Helsingfors, 193.23 229 229 marks to £1 Madrid, pese36 17-32 363 tas to £1 25.2213 Lisbon, escu108 7-16 108 7-16 dos to £ 1 110 Athens, drach 535 533 to £1 875 Bucharest, 677 675 lei to £1 818.6 Belgrade, 22.0 22.1 dinars 25.2215 Rio de Janeiro, 4i milreis 4.899 4i Buenos Aires, pence to dol. 51 — 1 — Montevideo, 394 37| pence to dol. 51 Bombay, pence 19 18} 181 to rupee Shanghai, 14 13-32 14 13-32 pence to dol. • Hong Kong, 15 7-16 15 7-16 pence to yen • Yokohama, 14 5-32 14 5-64 pence to yen • Batavia. 7.38 guilders 12.107 7.41} Warsaw, par zlotys to £1 43.36 — — * Determined by price of silver. •

London — . ... £ N.Z. to £100 Stg. T.T. 124 124/10 OX). 123/10 124/8/9 Australia— ... ... £ A. to £100 N.Z. T.T. 101 100/10 O.D. 101 100/10 Fiji— £ F. to £100 N.Z. T.T. 90/7/6 89 O.D. 90/7/6 89 New York — Dol. to £1 N.Z. T.T. 4.05J 4.0Xb O.D. 4.063 4.021 Montreal — ___ Dol. to £1 N.Z. T.T. 4.063 4.02s O.D. 4.071 4.021 Austria — Schgs. to £1 N.Z. T.T. — 20.82 O.D. — 20.84 Belgium— Belgas to £1 N.Z. T.T. — 23.703 O.D. — 23.714 Czechoslovakia — Crowns to £1 N.Z. T.T. — 96.02 O.D. — 96.07 Denmark— Kroner to £1 N.Z. T.T. 18.203 17.893 OX). 18.263 17.903 France — Francs to £1 N.Z. T.T. — 60.92 O.D. — 60.96 Germany— Reichmarks to £1 N.Z. T.T. — 9.934 O.D. — ‘ 9.939 Holland — Florins to £1 N.Z. T.T. — 5.913 OX>. — 5.917 Italy— Lire to £1 N.Z. T.T. — — O.D. — — Java — Florins to £1 N.Z. T.T. — 5.874 O.D. — 5.878 Norway— Kroner to £1 N.Z. T.T. 16.181 15.891 O.D. 16.241 15.901 Sweden— Kronor to £1 N.Z. T.T. 15.785 15.490 O.D. 15.845 15.500 Switzerland — Francs to £1 N.Z. T.T. — 12.355 O.D. — 12.360 Noumea— Francs to £1 N.Z. T.T. — 59.55 O.D. — 59.61 Papeete— Francs to €1 N.Z. T.T. — 59.70 O.D, — 59.76 Hong Kong:— N.Z. pence to dol. T.T. 18 15-32 19 31-32 O.D. 181 19 15-16 India and Ceylon— N.Z. pence to rup. T.T. 22 9-64 22 57-64 O.D. 22 3-64 222 tapan— N.Z. pence to yen T.T. — 17 21-32 O.D. _ 17 41-64 Shanghai— N.Z. pence to dol. T.T. 17 5-32 18 17-32 O.D. 16 31-32 18 33-64 Singapore— N.Z. pence to dol. T.T. 34 7-16 35J O.D. 341 35 31-64 T.T. represent Telegraphic Transfer. O.D. represents On Demand.