VALUES ON STOCK EXCHANGE

Press, Volume LXXIV, Issue 22419, 4 June 1938, Page 12

VALUES ON STOCK EXCHANGE

CHRISTCHURCH RATES, JUNE % 1838

FORMER LEVELS COMPARED * “ _ . f Return Approx. « . 011 , Amt. market «i Div. mvestpaid Approx, price dp« W; a market a year . g.g able, approx. Companies. sh’e. Buyers. Sellers. price ago > market Q q price.

SALE OP BUNGALOW Messrs Baker Bros. (Estate Agents), Ltd., 166 Manchester street, report having sold, on account of M. A. Clark Estate, five-roomed semi-bungalow in Coronation street, Spreydon, to a iPStenA —■s

MINING MOSSY CREEK The Mossy Creek dredge return is 27 oz 13dwt for 9334 yards and 132 hours’ dredging. MARTHA The following information has been cabled to London from the Martha Mine, Waihi:— No. 5 Level—The lode is at 85ft in the Taylor north crosscut. The east drive has holed to former workings at 137 ft. No. 7 Level—Edward Lode, west section: Driving south-west. Owing to the loose nature of the reef, it is necessary to carry the drive partly in the south-east wall. ' / NEMONA (press association telegram.) GREYMOUTH, June 3. The Nemona dredge return is 61 ounces for 124 i hours and 14,800 yards. NEW RIVER The New River Gold Dredging Company’s return for the week ended June 2 is 28* ou«ces from 11,000 yards in 121 hours. WHITES ELECTRIC Whites Electric Gold Dredging Company’s return for the week ended June 2 is 32 ounces from 6240 yards in 122 hours. f ———— MAORI GULLY (press association telegram.) GREYMOUTH, June 3. The Maori Gully return is 104oe 7dwt for 133 hours. BANK OF ENGLAND RETURN LONDON, June 2. The following Is the Bank of England return for the week ended June 2:— ISSUE DEPARTMENT Notes issued— * In circulation .. -■ 484,900.000 Tn banking department 526.400.000 Government debt .. 11.000.000 Other Govt, securities 188,400.000 Other securities Silver coin .. -• Fiduciary Issue .. •• 200.000.000 Gold coin and bullion .. 326.400,000 526.400.000 BANKING DEPARTMENT Capital .. .. .. 14,500,000 Rest 3,200.000 Public deposits Bankers .. «» 102,800,000 Other accounts A* 35,500,000 180.900.000 Government securities w 109,700,000 Discounts and advances 8,900,000 Other securities «> 20,000,000 Notes and coin «• A* 42,300,000 180.900.000 The ratio of reserves to liabilities Is 25.94 per cent. The rate of discount is unchanged at 2 per cent. GOVERNMENT SECURITIES

METALS MARKET LONDON, June 2." June 1. June 2. Copper— £ s. d. £ s. d. Standard, spot 32 19 4J 33 19 4J Forward .. 33 4 4J 34 3 9 Electrolytic .. 37 5 0 37 15 0 to 38 0 0 38 15 0 Wire bars .. 38 0 0 38 15 0 Lead— Spot ~ 13 6 10J 13 11 3 Forward .. 13 9 4£ 13 14 4J Spelter— Spot .. 11 18 9 12 6 10J Forward .. 12 3 1J 12 10 7J Tin— Spot ..163 2 6 167 17 6 Forward .. 163 17 6 168 7 6 Silver— Fine, per oz 18 15-16 dlB 15-16 d Standard, per oz .. 20 7-16 d 20 7-10 d PRICE OF GOLD LONDON, June 2. Gold Is quoted at £7 Os 8d a fine ounce, TIN STATISTICS LONDON, June 2. Tin statistics are as follows: April. May. Tons. Tons. World visible supplies 19,041 18,059 Straits carry-over .. 6,279 5,600 Supplies .. .. 9,439 7,997 Deliveries .. .. 8,435 8,979 NEW YORK TIN NEW YORK, June 2. 'Hn is quoted at 38.75 cents per lb.

SALE OF PROPERTY AT REDCLIFFS Messrs Ford and Hadfield, Ltd., 131133 Worcester street, have to report having sold in conjunction with Messrs Pyne, Gould, Guinness, Ltd., the property known as “Te Rae,” Redcliffs, and owned by Mr A. W. Beaven, -who is leaving for England. The property comprised a fine 10-room residence and approximately .three acres of ground, to Mr George McKenzie.

COMPANY NEWS ROBINSON ICE CREAM [IHI PRCSB Ipcelftl AUCKLAND, June 3. The accounts of the Robinson Ice Cream Company, Ltd., for the year ended April 30, show a net profit of £5480 against £3559 a year a S°- -P?‘o‘ fit was struck after providing £5196 for depreciation and £3216 to meet inC °The directors recommend a dividend of 8 per cent, for the year, against 6 per cent, in the previous year. An amount of £SOOO has been written off the company’s city property. FOREIGN EXCHANGES

g £ Se d. £ 8. d. £ s. d. £ 8. d. £ s.d. N.Z. Banks— 5 9 12 6 9 14 0 12 15 0 8 Feb.-Aug. 4 cun*. 2 1 Comm, of Aust. 10s 0 15 7 0 is 9 0 15 9 0 19 0 6 2-3 Oct.-Mch. Comm, of Aust. (pref.) Comm, of Syd. 10 12J 3 — 9 4 7 16 6 6 19 4 7 17 16 6 6 0 9 21 6 8 10 5 0 0 0 4 6i 7 Oct.-Mch. Jan.-July Nov.-May 4 4 4 5 1 7 4 9 6 Natl.' of A’asla 10 — 13 10 0 15 1 0 6 Nov .-May Natl, of A’asia. (con.) Natl, of N.Z. .. N.S.W. Union .. New Zealand 5 2i 20 5 1 6 2 8 2 0 11 ~1 4 0 6 0 7 6 2 2 11 12 ~5 0 6 3 6 3l 8 2 8 12 15 8 4 6 0 0 0 9 7 3 36 10 2 5 5 10 19 5 0 0 0 0 6 6 4 6 7 10 Nov.-May Jan.- July Jan.-July Jan.-July Jan.-July 4 13 3 16 3 15 4 3 4 9 4 11 7 4 '4 Insurance— 7s 0 17 6 0 17 9 o 17 8 0 17 0 10 5-7 May-Nov. 4 4 8 11 1 — 2 18 2 2 18 0 3 3 9 10 Feb.-Aug. 8 South British .. 10s — 2 7 6 2 7 0 4 14 6 133 Apl.-Oct. 11 Standard 1 — 2 18 0 a 17 6 2 19 0 121 Mch.-Sep. Loan and Agency— May-Nov. Dalgety and Co. 5 8 0 0 8 5 0 8 5 0 10 12 6 8 4 AO XI Goldsbrough, M. 1 1 9 2 1 9 5 i 9 4 1 17 11 7 Dec.-June 6 United Building 1 1 0 3 1 1 6 i 0 6 1 0 6 5 Oct.-Apl. July-Oot. , Gear 10s — — 11 0 16 3 0 16 0 71 4 12 N.Z. Refrig. .. 1 — 0 18 0 18 6 0 19 0 51 Feb, 0 N.Z. Refrig, (con.) 10s 0 8 4 0 8 5 0 8 4 0 8 11 51 Feb. Gas--1 1 0 7 1 1 9 51 July-Feb. 5 6 10 Auckland (con.) 15s 0 13 9 0 14 9 0 14 4 0 13 9 51 July-Feb. S> 10 1 Christchurch .. 1 — 1 7 9 1 7 6 1 7 0 7 Aug.-Feb. 0 Ch.Ch. (con.) .. 10s — 0 13 R 0 13 0 7 Aug.-Feb. 5 3 Wellington .. 1 — 1 16 6 1 15 6 8 Aug.-Feb. 4 7 Shipping— Huddart-Parker 1 2 5 6 1 18 6 11 May-D6c. 4 16 8 1 _w 1 7 0 2 1 0 4 May-Dec. Union (pref.) .. 1 — — 1 6 6 1 6 6 51 May-Dec. 4 3 Coal— Taupiri ,, Westport A 1 10s 1 1 0 2 0 1 15 4 0 0 0 16 1 3 6 6 5 10 Nov.-May May-Nov. 6 4 13 3 4 4 Breweries— 1 8 6 0 3 3 0 15 Oct.-Mch. 4 10 10 1 a 1 10 2 2 2 2 2 0 2 9 9 81 Jan.-July 4 u 16s 1 10 9 1 12 9 9 Mch.-Sep. 4 Tooths i* 1 3 14 8 2 15 0 2 14 6 2 15 6 101 May-Nov. 3 17 Miscellaneous— 1 4 11 6 4 12 6 4 12 0 4 10 0 15 Dec.-June 8 5 2 — 1 0 6 1 0 0 1 1 6 5 Mch.-Sep. 5 8 1 2 7 7 2 7 9 2 7 9 2 9 3 10 March 3 J 3 0 0 3 0 6 3 0 1) 4 0 3 121 Nov.-May Bums, Philp .. 1 1 4 1 8 4 1 0 2 4 14 1 0 6 3 11 9 10 183 Nov.-May Jan.-July 4 12 0 8 Colonial Sugar 20 47 0 0 47 0 0 71 Nov.-May 12 Dom. Fertiliser 1 1 5 6 1 6 9 1 6 0 1 4 0 6 Apl.-Oct. Mch.-Sep. Mch.-Sep. June-Dee. June-Dee, Sep.-Apl. June-Dee. August Nov.-May Mch.-Oct. Nov.-June Oct.-Apl. £ Dunlop Rubber Elec. Zinc (ord.) Elec. Zinc (prj Henry Jones .. Kauri Timber .. N.Z. Drug Co. Mount Lyell .. Farm. Fertiliser N.Z. Newspapers Whit. & Tombs Wilson’s Cement Woolworths 1 1 1 1 25s 2 ' 1 1 16/8 21 10s 5s u a i 11 1 ~2 1 15 1 0 8 9 0 9 11 9 10 1 1 a 1 3 1 1 1 1 0 17 2 ~2 8 3 17 0 1 9 0 0 0 6 1 8 0 0 1 1 2 I 1 0 1 3 0 1 0 16 1 1 7 8 18 16 3 17 0 8 11 3 0 6 1 9 3 0 0 10 1 2 2 2 1 3 2 1 1 3 1 2 16 17 6 3 14 3 0 15 2 12 6 0 6 0 9 0 6 6 0 6 6 7 171 171 10 6 8 171 6 8 6 71 15 9 9 8 9 7 *2 4 14 15 3 6 8 3 13 4 15 4 8 3 12 g 7 8 10 9 2 0 6 2 3 0 Where no approximate price is given return Is ■worked on mid-market price. unless only one quote is given.

OTHER QUOTATIONS Buyers. Sellers. £ s. d. £ s. d. NX Govt. Debentures 31 D.C. Ins., 15/3/39-43 100 3 6 102 — 31 p.c. Ins., 1938-52 .. — 5 0 3l p.c. Ins., 1941 .. — 100 10 0 33 p.c. Bonds, 1941 — 100 10 0 4 p.c. Ins., 1943-46 — 103 b 0 4 p.c. Ins., 1946-49 .« — 103 7 6 4 p.c. Ins., 1952-55 ... 104 2 6 104 15 0 4 p.c. Bonds, 1946 — 103 7 6 4 p.c. Bonds, 1949 —- 103 15 0 4 p.c. Bonds, 1955 — 104 17 6 Rural Bonds, 5 p.c.. 15/9/47 102 15 0 — Otber Debentures N.Z. Refrig.. 41 p.c.. 1940-45 101 0 q Loan and Agency Invincible Building .. — 4 17 6 N.Z. Guar. Corpn. — 0 4 6 N.Z. Loan and Merc. (ord.) .. 39 0 0 Perm. Investment (£10) 9 10 0 — Shipping New Zealand (£10) .. 11 10 0 — Frozen Meat Cantby. (£7 10s paid) — 10 8 0 Cantby. (pref., £5) 6 1 0 — North Cant. Freez. (pf.. £1) 0 15 3 0 17 9 Southland (£1) 1 9 8 — Woollens Kaiapoi (17s paid) Kalapoi (pref., X7s) .. 0 10 0 0 12 0 —• 0 16 9 Timaru (£1) .. — 0 12 6 Coal Grey Valley (£1) —r 0 14 0 Stockton (10a) 0 2 11 0 3 6 Stockton (pref., 10s) 0 6 0 — Breweries Dunedin (£1) I 11 0 Timaru (In Uqdn.) 0 0 11 0 1 0 Miscellaneous Anthony Hordern (£1) Allied Motors (£1) 0 17 1 0 17 0 7 5 6 Aust. Iron and Steel (pref., £1) —— 1 7 10' Beath and Co. (Is pd.) 0 0 9 — Booth, Macdonald (pf.. £1) • 0 1 11 0 2 2 Broken Hill (con.) .. Consolid. Brick (£1) .. 1 16 5 1 16 11 ‘0 8 7 0 9 0 Cox Bros. (5s) .. 0 14 9 0 IS 6 D.I.C. (10s paid) 0 14 6 — D.I.C. (pref., £1) 1 3 0 — Evans Atlas Flour (10s) 0 19 0 — Hume Pipe (£1) — 0 19 2 Millaquin Sugar (£1) 1 17 0 — Morts Dock (£1) 0 10 2 0 11 0 Moturoa Oil (5s) — — 0 4 0 Macduffs (ord., £1) .. — 0 18 6 Macduffs (pref., £1) MV 1 1 0 McKenzies (£1) .. 3 7 6 N.Z. Farmers’ Co-op. (£2 10s paid) N.Z. Farmers’ Co-op. 0 B S 0 12 0 (10s paid) _ 0 0 1 N.Z. Farmers’ Co-op. (1st pref., £S) 8 0 0 — N.Z. Farmers’ Co-op. (A pref., £4) N.Z. Farmers’ Co-op. 1 19 0 2 0 0 (4J p.c. Stock, 1950, £100) 94 s 0 Quill, Morris (1936), (£1) 0 18 6 Standard Cement (£1) 1 0 3 Taranaki Oil. (24/7) .. 0 8 8 0 8 11 Wilcox, MofHin (11s) 0 7 0 Woolworths (Victoria) (pref., £1) — 1 10 0 Woolworths (N.Z.) (ord., 5s paid) 0 19 0 1 1 0 Woolworths Properties (rights) 0 8 11 0 4 0 Overseas Listing Woolworths (S. Africa) (5s) 0 IS 10 0 16 0 Mining Big River (Is) — q 1 1 Clutha River (2s) 0 2 8 Golden Dawn (5s) .. 0 2 6 Golden Sands (Is) , 0 2 6 Goldfields Dredg. (Is) 0 0 2* 0 0 4* Grey River (10s paid) 0 12 0 0 12 2 Maori Gully (Is) 0 0 4i Mossy Creek (Is) 0 1 1 Nemona (Is) 0 1 5 0 1 7 New River (Is) 0 0 4J 0 0 6 Mining House Conoessions (Is) .. 0 0 1 Skippers, Ltd. (Is) .. 0 0 OJ 0 0 1 Talisman Dubbo (6s) 0 8 0 Waitahu (5s) 0 0 6 0 1 6 Australian Mining Broken Hill South (5s) 1 7 11 1 8 6 Emperor Fiji (10s) .. 0 11 5 0 12 7 Mount Morgan (2/6) 0 8 9 0 8 10 North Broken Hill (5s) 1 19 7 2 0 4 Rawang Tin (10s) 0 8 S 0 8 5 UNLISTED STOCKS All transactions In stocks quoted in this section are subject to a different rate Of brokerage from listed stocks. and are not quoted on the official list:— Buyers. Sellers. £ s. d. £ S. d. A .PA. 0 9 0 Ballins Breweries (15s paid) 0 12 6 0 14 8 Blackball Creek 0 1 2 0 1 5i Christchurch Press 9 10 0 Coulls, Somerville •w 0 18 0 N.Z. Mining Invest. .. 0 0 31 N.Z. Perpetual Forests A. 2 3 0 N.Z. Perpetual Forests (4s paid) .. Selfridges (N.Z.) .. ‘ — 0 18 0 17 0 0 Timaru Lime q 15 0 1 1 3 Woolworths (WA.) 4 8 0 4 10 0

AUCKLAND Sales on ’Change £ 8. d. Commercial Bank of Australia 0 15 9 Bank of New Zealand • • 2 4 New Zealand Insurance . , 2 lb 0 Dominion Investment Banking 0 IB 6 Farmers’ Auct. B pref • • 1 1 Westport-Stockton 0 3 National Timber • • Taringamutu Timber M M Farmers* Trading •• , Northern Roller MlR&ng (orcL) 0 1Z 1 1 0 19 6 0 6 1 a 0 Waihl Investments •• mm 0 8 Mount Lyell — mm 1 3 0 Mount Morgan — 0 8 Unofficial List Whakatane Paper Mills (preSJ 0 9 6 Selfridges (Australia) *• 0 0 WELLINGTON Sales on ’Change fl)0 d. 0 3 Di. Bis. Stock, 1939-43 tB) 1} New Zealand Breweries mm 2 1 11 British Tobacco mm 2 7 6 Broken Hill Pty. • , 3 0 0 Taranaki Oil 0 ■ 9 0 Woolworths, Ltd. (ord.) C2) 1 (All above late Thursday) 0 9 4 p.c. Ins. Stock, 1949 mm 103 7 6 Bank of New Zealand 2 4 8 N.Z. Investment Mortgage ♦ 0 9 7 Huddart-Parker (ord.) Z 2 5 6 Union Steam (pref.) 1 6 6 New Zealand Breweries 4m 2 2 i u 0 Broken Hill Pty. » 3 0 British Tobacco A I 2 7 a Taringamutu Timber z 0 12 6 Taranaki Oil —. •• 0 9 8 0 0 Woolworths, Ltd. (ord,) m 1 9 1 0 10) Woolworths, Ltd. (rights) •• 0 3 10i 3 11) S 10 W) 0 Unofficial List Frozen Products — 0 9 8 Overseas Listing Woolworths Holdings — o i6 m DUNEDIN Sales on ’Change d. £ 8. Mount Morgan ,« mm 0 8 9 National Insurance «. 4m 0 17 8 N.Z. Pai«»r Mills «• mm 1 1 0 N.Z. Breweries «. 2 2 0 Mount LyeJl .. 1 3 0 Sale After Call Taranaki Oilfields .. - 0 9 0 SYDNEY With overseas markets firm, Industrial shares were fairly steady to firmer on tne Sydney Stock Exchange yesterday with the turnover back to normal. Pastoral shares, however, continue dull. Morning Sales d. £ s. Commercial Bank of Sydney ,, 20 13 0 Tooths .• ♦♦ 2 19 6 Australian Gas A — mm 7 8 6 Australian Gas B .. fm7 9 6 British Tobacco .. Broken Hill Pty. .. 2 9 0 3 i 0 Colonial Sugar 47 15 0 Electrolytic Zinc (ord.) r. 1 17 6 Afternoon Sales Bank of New South Wales m0 1 12 0 Colonial Sugar .. 4m 47 15 0 Associated Newspapers 4m 1 0 7i Howard Smith .. 1 1 6 Burns, Phllp- *. 2 13 3 Australian Gas A m 4m 7 8 6 British Tobacco « m2 8 9 Tooths * 2 15 9 Australian Glass m 4 13 6 Kandos 1 5 3 Felt and Textiles * 1 11 6 Gordon and Gotch m , 2 15 0 Mauri Bros. m 44 3 9 0 Victoria Nyanza * m 0 14 9 Claude Neon M 2 8 6 Meggitts „ 1 12 0 Hackshalls »» 0 14 0 Permanent Trustee 0 18 0 Woolworths .« 1 1 4) Winchcombe, Carson «. 4m 1 7 6 Henry Jones «. 4m 2 7 6 Mount Lyell «• * 1 3 1) Broken Hill Pty. «. 3 1 0 North Broken Hill «• 1 19 9 Kuala Kampar m 0 16 6 Rawang Tin «. t 0 8 5 Loloma m» 1 1 4) Placer Development 3 14 0 MELBOURNE Industrials were steady on ttie Melbourne Stock Exchange yesterday, but Barriers were dull, with the Zinc Corporation weak. Sales:— £ s. d. Commercial Bank of Australia 1 0 15 9 National Bank (£5 paid) ,, 6 8 0 G. J. Coles 4 2 3 Drug Houses 1 4 0 Australian Iron and Steel (pf») 1 8 0 Australian Glass 4 13 3 Dunlop Perdriau 1 1 2 Dunlop Perdriau (pref.) Herald and Times „ m 1 18 2 16 0 6 Mount Morgan 0 9 0 Mount Lyell «■ 1 3 3 Broken Hill Pty. m 3 1 0 North Broken Hill — 1 19 9 South Broken Hill m 44 1 8 6 Zinc Corporation «. 4m 3 11 3 Emperor « 4 0 12 3 Loloma M «* 1 1 6

LONDON. June 2 The following are the latest quotations for Government securities compared with the prices ruling last week;— May 26. June 2. £ s. d £ s. d. British— Consols 74 10 0 74 10 0 Funding Loan, 4 p.c., 1960-90 113 15 0 113 10 0 War Loan, 3i p.c. 101 15 0 102 0 0 Con. Loan, 3l p.c. 101 10 0 102 10 0 Victory Bonds, 4 D.C. .. •• 111 0 0 111 5 0 Commonwealth— 5 p.c., 1945-75 107 7 6 105 15 0* 4 p.c., 1943-54 102 0 0 102 0 0 33 p.c., 1934-53 .. 98 17 6 98 17 6 3i p.c., 1936-47 90 17 6 91 0 0 3 p.c., 1958-60 88 3 9 88 5 0 New South Wales— 4J p.c., 1935-53 Victoria — 97 16 0 96 12 8* 3 p.c., 1929-40 97 17 6 93 15 0* 43 p.c., 1940-50 103 12 6 102 0 0* 5 p.c., 1945-75 107 7 6 105 10 0* Queensland — 3 p.c., 1932-47 97 2 6 95 12 6* 5 p.c., 1940-60 South Australia— 103 10 0 103 13 9 5 p.c., 1942-62 107 7 6 105 12 6* 3 p.c., 1945-75 Western Australia— 76 7 6 75 12 6* 4 p.c., 1942-62 Tasmania— 101 0 0 100 7 6* 3J p.c., 1938-40 102 0 0 100 11 3* 4 p.c., 1940-50 New Zealand-r 101 5 0 100 2. 6* 41 p.c;, 1948-58 99 17 6 100 15 0 3 1 p.c., 1940 98 10 0 98 15 0 3 p.c„ <1945 .. 92 2 •Ex interest. 6 93 5 0

(BRITISH OTnCIAL WiamLKSS.) (Received June 3, BA jwn.) RUGBY. June 2. Par. June 1. June 2. Paris, fr. to £1 178 178 11-32 178 11-32 New York. dol. to £1 4.866 4.94 7-16 4.94* Montreal, 4.99 13-16 dol. to £1 4.866 4.99* Brussels, 29.24* belgas to £1 35 29.23* Geneva, fr. to £1 25.2216 21.72 21.72 Amsterdam, fi. to £1 12.107 8.961 8.96| Milan, lire to £1 92.43 94 94 Berlin reichmar ken to £1 20.43 12.321 12.32 Copenhagen, kr. to £1 18.169 22.40 22.40 Stockholm, kr. to £1 18.159 19.39* 19.39* Oslo. kr. to £1 18.159 19.90 19.90 Vienna, schgs. , to £1 34 ASS — Prague, kr. to £1 154£5 142* MSI Helsingfors, marks to £1 192£3 22flg 226g Madrid, pesetas to £1 25 £215 — Lisbon, escudos to £1 376 1101 1404 Athens, drach to £1 375 547* 647* Bucharest, lei to £1 913.90 077* 077* Belgrade, dinars 9 762 218 218 Rio de Janeiro, pence to milreis .. 420 313-16 2 13-16 Buenos Aires, pence to dol. . Si 16.94 18.94 Montevideo, pence to peso • 20 30 Bombay, pence to rup. * 1718-16 17 18-16 Shanghai, pence to rup, • lOf Hong Kong, W* pence to yen * 14* M I Yokohama, pence to yen 24.58 M 14 Batavia, guilders 12.107 896* 855 Warsaw, par zlotys to £1 43.38 — 26.28 •Determined by price at silver* BANK OF NEW SOUTH WALES The Bank of New South Wales quoted the following exchange rates yesterday:— Buyers. Sellers. N.Z. on London— £N.Z.to AlOOriff. T.T. 124 124/10/OD. 123/10/124/8/9 Australia— £ A. to £100 NX. T.T. 101 100/10/OD. 101 100/10/rijw £P. to £100 NX. T.T. 90/7/8 86 Q.D. 90/7/6 88 New York— Dol. to £1 N.2. T.T. 3.9979 3.9634 OD. 4.0079 3.9674 Montreal— Dol. to £1 NX. T.T. 4.0398 4.0074 O.D. 4.0518 4.0114 Austria— Schgs. to £1 N.Z. T.T. Not quoted O.D. Not quoted Belgium— Belgas to £1 N.Z. T.T. 23.695 23.385 O.D. 23.770 ' 23.396 Czechoslovakia— Korunas to £1 NX. T.T. — 113.40 OD. — 113A1 Denmark— Kroner to £1N2. T.T. 18203 17.893 O.D. 18263 . 17.899 r Finland— . Marks to £1 N.Z. T.T. 185.11 17921 ' ' „ OD. 185.51 179.41 France— Francs to £1 N.Z. T.T. — 141 AS - OD. — 141.62 Germany— Reichsmarks to £1 N.Z. T.T. — 9228 „ OD. — 9233 Greece— Drachmae to £1- N.Z. T.T. — 429.54 OD. — 429.84 Holland— Florins to £1 N.Z. T.T. 7£05 7.155 „ , OD. 7.345 7.159 Italy— Lire to 91 N.Z. T.T. — 75.35 , OD. — 75.40 Java— Florins to £1 N.Z. T.T. 7.288 7.133 • OD. 7.323 T.137 *; ■ Norway— Kroner to £1NJZ. T.T. 16.182 15.892' _ T OD. 16242 15.898' Noumea— Francs to £1 N.Z. T.T. — 14023 „ OD. — 140.37 Papeete— Francs to £1 N.Z. T.T. — 140.88 „ OD. — 140.42 Sweden— Kronor to £1 N.Z. T.T. 15.785 15.490 _ .. . J OD. 15.845 Switzerland— 15.496 Francs to £1 N.Z. T.T. 17.633 17.363 _. , OD. 17.736' Chefoo— 17.368 N.Z. pence'to dol. T.T. — 14 7-64 OD. — Hong Kong— 14 3-32 N.Z. pence to dol. T.T. 18g 18g . .. OD. 18 11-92 18| India and Ceylon— N.Z. pence to rup. T.T. 2131-32 221 , OD. 2115-16 33* Japan— N.Z. pence to yen T.T. — 17* OD. — Manila— 17* N.Z. pence to peso T.T. 29 49-64 3017-64 ~ . . O.D. 29 43-64 Shanghai — 3017-64 N.Z. pence to dol. T.T. Not quoted • OD. Not quoted Singapore — NjET. pence to dol. T.T. Mi 34 47-64 OD. 34 5-32 34 47-64 ASSOCIATED BANKS’ DOLLAR RATES The Associated Banks (other Bank of New South Wales) qu than the oted the following dollar rates yesterday on a New Zealand currency basis. They are subject to alteration without notice:— U.S.A. Canada. (Per £1 N.Z.) dol. dol. Selling— 4.00 11-16 T.T. w — 3.96g OD. 2 «. 3.9613-16 4.01* Buying — ..... 4.032 T.T. 3.9911-16 OD. „ 4.00 H-16 4.05* RUBBER STATISTICS LONDON, June 2. Rubber stock* are as follows;— April May Tons. Tons. London .. 54,292 57,303 Liverpool .. 28,352 29,220