THE STOCK EXCHANGES

Press, Volume LXXV, Issue 22656, 10 March 1939, Page 13

THE STOCK EXCHANGES

MODERATE LOCAL TURNOVER

AUSTRALIAN INDUSTRIALS AGAIN IMPROVE

There was a moderate turnover on the Christchurch Stock Exchange yesterday. Price levels generally were well maintained and several Australian industrials showed improvement.

New Zealand Government 3£ per cent, stock due 1953-57 changed hands at £9l 10s and more was offered at that price. New Zealand Government 4 per cent, stock due 1946 was firmer at £9B 12s 6d.

Southland Frozen Meat >was firm at 27s 6d, market closing 3d either way. Westport-Stockton Coal (pref., cum div.) remained unaltered, with sellers and dealings at 7s 6d, buyers at 7s 3d. Anthony Hordern were firmer on buyers’ offers, 15s. Sellers of Australian Consolidated Industries reduced their limits to £5 16s, buyers at £5 14s 6d. Australian Iron and Steel (pref.) were firmer, with buyers at 27s 9d. Buyers of British Tobacco raised their bids to 50s 6d, sellers at 51s 6d. Broken Hill Proprietary advanced to 58s 6d and 58s lOd, sellers staying in at the higher price, buyers at 58s 9d. Dunlop Rubber were firmer on buyers’ offers, 21s 10d. Electrolytic Zinc had dealings at 48s 3d and 48s 6d, market closing 48s buyers, 48s 3d sellers. Hume Pipe (Australia) (cum div.) advanced to 20s 6d. market closing 3d either way. Woolworllis (South Africa) were fractionally weaker, with sellers and business cit 15s Broken Hill South (cum div.) rose sharply to 29s 4d, and more were wanted at that price, sellers at 30s 6d. Mount Lvell were stronger, with buyers at 27s lOd. Buyers of North Broken Hill offered 48s 6d, Is above Wednesday’s business, but sellers wanted 49s Cd. Grey River moved up a point to 17s Hd, and there were further sellers at that figure, buyers at 17s lOd. Worksop Extended had business at Hd, market closing Id either way.

SYDNEY

The Sydney share market yesterday was brighter, being one of the strongest experienced for months. Values continued to advance. Base metals were higher. Morning Sales

MINING

BIG RIVER The Big River returns for the months of January and February are:— Battery Department—2l9 tons of ore crushed for 113oz sdwt melted gold. Cyanide Department—lso tons sands treated for 16oz bullion. Total estimated value —£910. In addition, 2i tons of concentrates were saved, valued at £7O. In estimating the above values, gold has been taken at 150s a fine oz.

TALISMAN DUBBO

Talisman Dubbo reports that for the fortnight, ended February 18, 175 tons of ore realised £279, with gold valued at £7 12s an ounce.

ARGO

The Argo Gold Dredging Company, Ltd., announces that a dividend (No. 17) of Id a share (free of income tax) has been declared on all the shares in the company, and will be payable on March 22. , ~ This dividend represents a distribution of £2OOO to the shareholders. The sum of £4OO has been placed to the general reserve fund, which now stands at £3BOO. Transfer books will, be closed from March 15 to 22 inclusive.

GREY RIVER

The Grey River dredge return to March 7 is 160 ounces for 94,290 cubic yards and 124 hours worked.

LONDON METALS MARKET

PRICES SHOW FARMING

TENDENCY

LONDON, March 8. March 7. March 8. Copper— £ s. d. £ s. d. Standard, spot 42 15 74 43 7 6 Forward .. 43 1 10| 43 13 1J Electrolytic .. 47 10 0 48 10 0 to .. 48 10 0 49 0 0 Wire bars .. 48 10 0 49 0 0 Lead — Spot ~' 14 6 101 14 13 14 Forward • • 14 11 10j 14 19 44 Spelter— Spot .. 13' 12 6 13 16 104 Forward .. 13 18 14 14 1 104 Tin — Spot ..215 2 6 215 12 6 Forward .. 214 7 6 215 2 6 Silver— Standard, per oz. .. 20 9-16 d 20 9-16 d Fine, per oz. 22 3-16 d 22 3-16 d CALL AND DIVIDEND LIST Dividends Due Broken Hill South—int., 6d a share ~ .. .. Mar. 15 Electrolytic Zinc —ord. and pref., int., 6 p.c. .. .. Mar. 17 Mllburn Lime—int., 3J p.c. .. Mar, 17 Huddart-Parker —Anal, pref., 3 p.c.; ord., 6 p.c. and bonus, 2 p.c, Mar, 18 Westport-Stockton—pref., final. 6 p,C. p.a. .. .. Mar, 2? Howard Srpith—ord., final, 3 p.c. Mar. 23 Bonds Hosiery—74 P.C. p.a. .. Mar. 24 North Broken Hill—quarterly. fid a share .. .. Mar. 28 Beath and Co.—int., ord. and pref.. 24 P-C- • • - • Mar. 31 British Tobacco—ord,, quarterly 2 p.c. .. .. ~ Mar. 21 Bank of Australasia —final. 4J p.c., less tax .. .. Mar. 31 Cox Bros. (Aust.)—lnt., A and B pref., 34 p.c.; ord., 74 p.c. .. Mar. 31 Dunlop-Perdriau—int., pref., 5 p.c.; ord.. 3| p.c. ~ Mar. 31 Milne and Choyee—jnt.. pref., 6 p.c. p.a.: B Pref,, 7 p.c, p,a.; ord. and deb, stock, 6 p.c. .. April 10 Woolworths (Syd.)—final, Jl4 p.c, .. • .. .. April 15 Calls Broken Hill Pty.—new, 5s a share .. .. .. Mar. 31 Burns. Philp—new, 5s a share .. April 1

STOCK SALES

ST. ANDREWS

The yarding of store sheep a} the St. Andrews sale was the largest offered this season. The bulk of the entry comprised aged ewes. There was a good attendance of buyers, and competition for young breeding ewes was keen. A line of wellgrown and good-conditioned Romney cross two-tooth ewes realised 29s 4d, which is the highest price paid at auction this season in South Canterbury. Best two-topth ewes made '27s to 2Bs 4d, medium 2Xs to 235. good crossbred four and five-year ewes 12s to 15s, medium 8s to Us, good rape lambs to 13s 2d, medium lambs 8s to Ss 6d. Export buyers were not operating In the fat sheep section. Speculators acquired practically the whole of the entry. Prices were equal to previous sales. Extra heavy ewes made 9s to 11s, medium 6s to Bs, prime wethers 16s to 17s 6d, and light 13s to 15s.

FOREIGN EXCHANGES

QUOTATIONS FROM BANK OF NEW SOUTH WALES

ASSOCIATED PANES’ DOLLAR KATES

The Associated Banks (other than the Bank of New South Wales) quoted me following dollar rates yesterday, on a New Zealand currency basis. They are subject to alteration without nc'icei— , U.S-A. Canada(Per £1 N.Z.) dol, dob

PROGRESS WITH EXHIBITION

WORK OF WOMEN’S SECTION

STATEMENT BY ORGANISER

(PRESS i.BSOCP4TIOJJ TPfcEOX**-)

WELLINGTON. 'March 3Rapid progress is now being made with the organisation of the women’s section of ,tfae Centennial. ExhibitionPart of the buildings at Rongotei which will house this section are- now fast nearing completion, and an advisory committee has been set up to. arrange the layout of the allotted space- j Jn an interview, Mrs (3. P. ftainsworth, manageress of the women’s section, said that progress at the Site WPS sp far advanced that it would be POS' stole for the committee to visit toe buildings early next week, inspect toe section, and formulate tentative Plans for the display of exhibits, decorations,

lig htins, and general furnishings. It was decided at B recent meeting . of the arts and crafts committee to include a tapestry section in the handicrafts display- inquiries bad been so numerous that it was clear that this section would arouse been interest. Programmes end dates for lectures and demonstrations ware being drawn xip, and in. several subjects* sucb ss nursing and horticulture, completion had been reached. ' Mrs Bainsworth said that she was now able to speakers and subjects approved far the horticultural section, which was hound to attract considerably Tp € chairwoman of the horticultural committee, Mrs Knox Gilmer, would speak on "Gardening as Seen Through a Woman’s JSyes,” and other speakers would be Mrs A. R. Gower (rock gardening). Miss E, A. Beagiey f hydrangea cxdture), Miss M. Cooper (dabha growing), Mrs H- D. Bennett (use of native plants in Maori weaving), Mrs A. Ariow (art Of flower arrangement), Mrs J- Pu Pont (value el indigenous forest to bird life), The nursing section organised Py Miss M. Lambie had ‘also drawn UP a tentative programme to be announced shortly. Other committees were work* ing hard. Mrs Hainsworth said that she was well satisfied with the pro* , grass being made by the women’s see* tion. It would be in keeping with the. scale and thoroughness with which the entire exhibition was being planned.

LISTED STOCKS Sales on 'Change £ s. d. £400 N,Z. Govt. 4 p.c. 6 Inscr.. 1946 98 12 100 Southland Frozen 6 Meat (ex div.) 1 7 150 Broken Hill Prop. 2 18 6 2 18 10 100 Hume Pipe (Aust.), (cum div.) 1 0 6 100 Woolworlhs (South 0 Africa) South 0 15 50 Broken Hill 9 (cum div.) 1 4 400 Grey River (4) 0 17 11 Sales Reported £500 N.Z. Govt. 3i p.c. 0 Inscr.. 1953-57 91 10 100 Southland Frozen 6 Meat (ex div.) 1 7 300 Westport - Stockton Coal (pref., cum div.) (2) 0 7 6 100 Electro. Zinc (cum 8 div.) (ord.) 2 3 2 8 6 100 Hume Pipe (Aust.), 0 6 (cum div.) 1 700 Worksop Extended . • 0 U 11 LATEST QUOTATIONS Buyers. Sellers. £ s. d. £ S. d. N.Z. Govt. Debentures 17 — 0 99 6 1 3i n.c. Ins.. 1953-57 91 0 91 98 12 98 6 4 p.c. Ins., 1946 98 7 6 12 99 0 0 99 "7* 6 4 b.c. Ins.. 1955 ' -» — 4 p.c. Bonds, 1949 99 0 ““ Other Debentures Brighton Borough, 41 p.c., 1/10/52 102 10 0 Sumner Borough, 4| 102 10 p.c., 1/10/52 — North Cant. Electric Power Board. 41 p.c.. 100 0 103 0 1/5/59 0 0 Booth, Macdonald, 5 70 0 p.c., 1/6/47 — 0 Pom. Fertiliser, 6 p.c.. 100 15 1/2/41 0 — N.Z. Refrig., 41 p.c.. 97 0 100 0 1/8/40-45 0 Banks Comm, of Aust. (10s) 0 16 5 0 16 6 Comm, of Aust. (pref., 15 £10) .. — 9 Comm, of Sydney (£12 20 10 0 10s paid) .. — E.. S.. and A. (£3 pd.) 5 2 6 5 3 0 Natl of N.Z. (£2 IDs paid) N.S.W. (£20) 2 5 20 15 0 0 30 ~5 0 New Zealand (£1) 1 18 4 1. 18 11 Union of Aus. (£5 pd.) 8 1 6 8 ' 7 Insurance National (7s paid) — 0 16 0 South British (10s) — 2 4 9 Standard (ex div>, £1 2 11 paid) 3 — Loan and Agency Dajgety and Co. (£5 paid) Goldsbrough, M. (£1) 1 9 3 7 I 9 9 0 6 South Island . Finance P (£ 1 paid) — 0 South Island Finance 8 (10s paid) ,. — 0 Natl. Mortgage A (£2 paid) N.Z. Guar. Corpn. (3s) z 2 0 4 3 United Building (cum div., £1) 1 0 6 x i 0 Shipping Union (pref., £1) — i 5 0 Frozen Meat Cantby. (£7 IDs paid) — 0 10 0 0 N.Z. Refrig. (£1 pd ) 0 15 0 16 3 N.Z. Refrig. (10s paid) 0 6 0 0 7 0 North Canty. Freezing 0 15 9 0 18 0 (pref., £i) Southland (ex div., £J) 1 7 3 1 7 9 Southland (pf., ex div.. 9 £1) —' 1 7 Woollens Bonds Hosiery (cum div., £1) — 1 1 3 Yarra Falls (£1) 1 17 9 *— Feit and Textiles (cum 1 12 diy., £1) 6 — n Kaiapoi (17s paid) .. —r 0 12 Kaiapoi (7s paid) * 0 0 6 Kaiapoi (pref.. 17s) 0 15 Mainawatu (£1) — 1 3 Oamaru (£1) 0 15 16 Wellington (£5) 4 17 6 5 X 0 Coal Grey Valley (£1) 0 5 0 0 0 9 Pukemiro (£1) 0 16 3 r-;* Westport-Stockton (10s) — 0 3 11 Westport-Stockton (pt.. 0 7 cum diy., 10s) 3 0 7 Gas 17 Auckland (£1) 0 17 0 0 3 Christchurch (£ 1) 1 0 a V) Breweries Castlemain Perkins (12s 6 6d) 1 2 — Carlton (ex div., £1) 3 0 0 — 11 Dominion (£1) — 10 I ID New Zealand (£1) 1 17 X 18 3 Queensland (£1) 1 6 0 •— 1 Timaru tin licidn.). .. 0 0 9 0 X 0 Tooheys (rights) .. 0 4 3 — Tooths (£1) .. 2 15 9 2 16 3 Wards (in liqdn.) 0 0 3 0 u 0 Miscellaneous Alloy Steel (Aust.) 6 (£1) — 0 7 Andersens (pf., £1) 0 16 3 0 18 4 Anthony Hordern (£1) 0 15 0 0 15 £ Aust. Cpnso). fodnst. 5 14 (£1) 6 0 10 Aust. Iron and Steel 9 8 (pref., £1) .. 1 7 i 6 Beath and Co. (cum 0 10 17 div., £1) 0 0 0 Booth, Macdonald (pt, £1) 0 2 6 —— British Tobacco (cum 11 6 div.. £1) 2 10 6 2 Broken Hill Pty. (£1) 2 18 9 2 IS 10 Broken Hill Pty. (con. 2 6 10s paid) Claude Neon Indus. 2 5 0 0 f£l) — 1 13 0 Colonial Sugar (£20) 48 17 6 49 2 6 Consolid. Prick (£1) .. — 0 8 U Dominion Build- (£1) 0 2 0 6 Dominion Pert. (£1) .. 1 2 10 1 3 Dunlop Rubber (cum. div., £1) 1 1 10 1 2 0 Electro. Zinc (cum div.. £1) 2 9 P 2 9 3 Electro. Zinc (pref., cum div., £1) 2 11 6 2 12 P Evans Atlas Flour (10s) 1 o 3 1 0 5 G. j. Colas (£D .3 13 6 — * fjpn. Industries (pum 0 19 diy., 12s 6d) ,, 0 0 19 IP

Buyers. Sellers. £ s. d. £ s. dElec. Plumbing (£1) — 0 12 6 Howard Smith (cum div., £1) 10 3 110 Hume Pipe (Aust.), (cum div., £1) 10 3 10 9 I.C.I. (Aust. and N.Z.), (pref., £1) 13 8 — Kauri Timber (25s) .. 13 4 14 9 Milburn Lime (cum div., £1) — 1 14 3 Morris, Hedstrom (£1) 16 0 — Morts Dock (£1) 0 14 8 —- Moturoa Oil. (J5s) —» 0 4 3 McLeod Bros. (£10) 26 10 0 — Macduffs (£1) — 0 3 0 Macduffs (pref., £1) .. 0 7 0 0 7 8 National Electric (£1) 0 13 0 0 15 0 McKenzie’s, Ltd. (£1) —— 2 3 0 N.Z. Farmers’ Co-op. 0 8 0 (£2 10s paid) — N.Z. Farmers’ Co-op. (10s paid) — 0 0 1 N.Z. Farmers' Co-op. (1st pref., £5) — 3 0 0 N.Z. Farmers’ Co-op. 1 10 0 (A pref., £4) — N.Z. Farmers’ Co-op. (44 p.c. Stock, 1949, 83 10 0 £100) N.Z. Farmers’ Co-op. (41 p.c. Stock, 1950, 84 0 0 £100) — N.Z. Farmers’ Co-op. (41 p.c. Stock. 1955, £100) 84 0 0 85 0 0 N.Z. Newspapers (16/8) 18 0 N.Z. Paper- Mills (£1) 10 0 15 0 Simpson and Williams 1 14 0 (£1) — Standard Cement (£1) 12 0 — Taranaki Oil. (24/7 pd.) 0 8 3 0 9 0 Victoria Nyanza (£1) — ’ 0 14 0 Whitcombe & Tombs 2 17 0 (£Z 10s paid) — Woolworths (Sydney), (ord., cum div., 5s) 12 9 13 0 Woolworths (Sydney) 2 0 6 (1st pref., £1) 2 4 0 Woolworths (N.Z.) 0 16 7 (5s) 0 16 3 Woolworths (N.Z.) (pf.. 1 18 0 £1) — Overseas Listing Woolworths (S.A.) (5s) 0 14 9 0 15 0 Australian Mining Broken Hill Sth. (cum 1 10 6 div., 5s) 19 4 Mount Lyell (£1) 1 7 10 18 6 Mount Morgan (2s 6d) 0 11 4 0 11 7 Nth. Broken Hill (cum 2 8 6 2 9 6 div, 5s) New Zealand Mining Argo (cum div.. Is) .. — 0 19 Argo (con., cum div.) 0 0 9 —* Austral-N.Z. (£1) —‘ 13 3 Big River Us) Gillespie’s Beach (Is) — 0 10 0 0 7 o u iui Golden Sands (Is) 0 10 0 14 Grey River (10s) 0 17 10 0 17 11 Kanieri (£1) 1 16 0 Maori Gully (Is) 0 0 7 0 0 8 New River (Is) 0 0 7 0 0 8 Okarlto (5s) 0 3 0 Skippers, Ltd. (Is) .. — 0 0 1 Wailii Invest. (5s) 0 8 0 — Waihi Grd. June. (2s) — 0 4 0 Worksop Extend. (Is) 0 0 10 0 10 UNLISTED STOCKS All transactions in stocks quoted in this section are subject to special brokerage and are pot quoted on the official list: — Buyers. Sellers,, £ s. d. £ S. d. Apex Mills .. —- 10 0 Anex Mills (pref.) .. — I 1 o Assoc. Gold Dredges 0 6 6 0 7 0 Assoc. Motorists' Pet12 6 rol (pref.) — Aust. Motorists' Petrol 0 16 0 Ballins Breweries 0 8 10 0 9 9 Blackball Creek Oil Christchurch press .. . Canty Roller Flour .. 0 ft 0 — Carbonic Ice 15 0 Neahere .. .. .. 12 7 1 13 2 Riley, Arthur D. (pf.) — 0 19 0 Selfridges (As’asia.) .. 0 10 0 — Westland Breweries —• • Whakatane Paper Mills 0 4 0 0 6 6 AUCKLAND • Sales op 'Change £ s. d. 4 p.c. Stock, 1943-46 .. 08 7 6 98 10 0 .. 09 5 0 34 p.c. Stock. 1939-43 Natl. Bank of N.Z. (lat .. 99 15 0 e sale) 2 4 6 Bank of New Zealand 1 IB e South British (late sale) (2) 2 4 6 New Zealand Insurance 2 12 9 Goldsbrough, Mort 19 8 Westport Stockton (ord.) 0 3 9 Westport-Stockton (pref.) 0 7 6 Bartholomew (late sale) 0 14 0 British Tobacco (2) 2 10 6 Broken Hill Pty. 2 18 0 Consolidated Brick 0 6 9 Electro. Zinc (ord.) 2 8 9 Reid Rubber 14 9 K.D.V. Boxes (con.) .. 0 3 0 Wilson’s 'Cement (?) 0 15 6 Woolworths (N.Z.) 0 16 4 Woolworths (Sydney) .. 13 0 Unofficial List Modern Shoes ,, 0 4 6 - Silknit .. ,. 0 2 6 WELLINGTON / £ g. d, 91 10 0 34 p.c. Stock, 1953-57 British Tobacco , , 2 10 6 Sharland and Co. (ord.; 0 14 0 Sharland and Co, (pref.) 0 14 0 Woolworths, Ltd. (ord.) (2) 13 0 Woolworths (N.Z.), Ltd (ord,) 0 16 6 (All above late yesterday.) 34 p.c. Stock, 1939-43 99 12 6 34' p.c. Stock, 1939-52 (2) 99 12 6 4 p.c. Stock, 1949-52 99 12 6 4 p.c. Stock, 1946 08 7 6 Goldsbrough, Mort ., 19 6 Bruce Woollen (ord.) ■ • 0 11 0 Aust. cpnsolid. Industries (2) 5 17 0 Colonial Sugar 49 0 0 Dunlop Perdriau Rubber 12 0 Woolworths, jLtd. (ord.) 1 2 11 Woolworths (N.Z.) (ord.) 0 16 6 Waihi Investments 0 8 0 Unofficial List • Ngahere Gold •• 12 6 DUNEDIN £ s. d. Gillespie’s Beach • p 0 0 9 Sales Reported 4 p.c. Bonds, 1946-49 99 5 0 3 4 P.c. Stock, 1939-43 99 15 0 44 p.c. Stock, 1946-49 99 5 0 4 p.c. Stock, 1949-52 , , 99 I? 6 Grey River Gold • . 0 17 U Sandhills .. , Bank of New Zealand Goldsbrough, Mort ., 0 0 14 , , 1 18 9 19 4 19 6 Mosgiel Woollen (odd lot) 9 10 0 lond6n Buyers. Sellers. £ s. d- £ 6. dClutha River o I IJ 0 1 44 MoJyneux River 0 0 3 0 0 6 MELBOURNE Sales on the Melbourne Exchange yesterday included £ s. .d. Loloma 1 0 74 Mount Morgan 0 H o Mount Lyell 17 3 North Broken Hill 2 7 9 Woolworths 1 1 11 Broken Hill Pty. 2 17 3 Broken Hill South 18 9 National Bank (£10 paid) 13 J g Comm. Hank oi Ah stralia 9 15 9

£ s. d. Tooths • .. 2 14 0 Australian Gas (A) .. 7 0 0 Associated Newspapers X 0 0 British Tobacco .. ,, 2 8 6 Broken -Hill Pty. 2 16 9 Broken Hill Pty. (cont., N.Z. delivery) 2 4 9 Colonial Sugar Drug Houses Dumpp Perdriau 46 ID 1 2 1 1 0 7 0* Electrolytic Zinc (pref.) 2 10 0 General Industries 0 13 6 Afternoon Sales 6. S d. 0 Bank of New South Wales .. £ 29 Comm. Bank pf Sydney 2D 5 0 Natl. Bank (£5 paid) .. 6 9 D Union Bank 7 IS 0 Bank of Australasia 9 B 6 Associated Newspapers 1 0 0 Australian Gas A 7 0 0 British Tobacco ., , 2 S 3 Tooths 2 13 0 Toobeys ,. ., 1 ID 3 Woolworths 1 2 11 Drug Houses of Australia X 2 it Dunlop Perdriau 1 0 11 Farmers : .. ,. 1 3 3 David Jones 1 14 6 Anthony iBorderp (pref.) ,, I 1 3 Lustre o 19 0 General Industries 0 IB 3 Morts Dock .. ,. 0 14 4 W. Atkins 1 2 6 W. Adapts 0 15 0 Felt and Textiles I 11 9 Sargents .. ., 1 3 li W. B. Carpenter Standard Cement ,. 2 1 3 I 0 9 Mauri Bros. .. .. 3 3 0 Winchpombe, Carson ,, 1 6 9 Colonial sugar 46 10 0 Falrymead Sugar 1 11 3 Electrolytic Zinc 2 7 0 Electrolytic Zinc (pref.) • .. 2 10 0 Mount Morgan 0 XI 1 Mount Lyell ,, I 7 3 Broken Hill Pty. .. 2 17 0 Broken HU1 (con.) 2 4 6 North Broken Hill .. 2 7 3 Broken Hill South 1 8 6 Larut Tin 0 6 9 Placer Development .. ,, 3 13 0 Arahura Gold • * . • I 7 3 Kanieri 1 13 9

(»»mnc omcuL mntin.) RUGBY. March 8. Paris, fr. to £1 Par. 179.60 March 7. March 8. 176 59-64 176 57-64 New York, dol. to £1 4.866 4.69 5-32 4.69 Montreal. dol. to £1 4.866 4.70| 4.70| Brussels, belgas to £1 35 27.881 27.881 Geneva, fr. to £1 22.2215 20.63 20.611 Amsterdam, fl. to £1 12.107 8.83 8.821 Milan, lire to, £1 92.0 89 3-16 89 3-16 Berlin, reichmarken to £1 20.43 11.684 11.69 Copenhagen. kr. to £1 18.159 22.40 22.40 Stockholm, kr. to £1 18.159 19.42 19.42 Oslo, kr. to £X 18.159 19.90 19.90 Vienna, schgs. to £1 34.585 Prague, kr. to £1 164.25 137 137 Helsingfors, marks to £1 193.23 2263 226| Madrid, peselas to £1 25.2215 — —— Lisbon, escudos to £1 110 1101 1101 Athens, drach to £1 375 5474 5471 Bucharest, lei to £1 818.60 660 660 Belgrade, dinars 376.3 209 209 Bio de Janeiro, pence to milreis 5.899 31-16 31-16 Buenos Aires, pence to dol. 11.45 20.304 20.291 Montevideo, pence to peso 51 181 181 Bombay, pence to rupee 18 17 31-32 17 31-32 Shanghai, pence to yen m — — Hong Kong, pence to yen 0 14 15*10 14 15-16 Yokohama, pence xo yen 24.58 14 14 Batavia, guilder's 12.107 8.82 8,81 Warsaw, par zlotys to £1 4338 24.87 24.87 ♦Determined by price of silver.

The Bank of New South Wales quoted the following exchange rates yesterday;— N-Z on London — Buying Selling. £N.Z. to £100 stg. T.T, 124/7/6 12S O.D. 12S/1B/0 124/10/6 Australia — _ £A. to £100 N-Z. T.T, 100/10/100 O.O. 100/10/100 Fi £P. to £100 N.Z. T.T. 90 88/12/6 O.D. 90 88/12/6 New York — Pol. to £1 N.Z. T.T. 3.7B1B 3.7386 O.P. 3,786? 8.7396 Montreal — ■ _ Pol. to £1 N.Z. T.T. 3.7914 8.7515 O.D. 3.8001 3.7525 Belgium— _ Belgas to Cl N.Z. T.T. 22.524 O.D. 22,590 22,214 22,219 Czechoslovakia— Korunas to £ 1 N.Z. T.T. — 108 j62 - O.D. — 108.64 Denmark— Kroner to £1 N.Z. T.T. 18.140 17.830 O.P, 18,200 17-632 Finland— T.T. 184.78 178.98 Marks to £1 N.Z. O.P. 189-19 179458 France— Francs to £1 N.Z. T.T, 143-11 140451 O.D. 144.36 1*0.63 Germany— Reichsmarks 9.283 to £1 N-Z. T.T. — P,D, — 0,285 Greece — Drachmae 429,20 to £1 N.Z. T.T. — O.D. — 429£5 Holland— T.T, 7.168 . 7.018 Florins to £1 N.Z. QJJ. 7-208 7,020 Italy— , 71.065 Lire to £1 N.Z. T.T. — O.D. — 71.090 Java6.906 Florins to £1 N-Z-T.T, 7.146 O.P. 7-186 6,999 Norway— 15.836 Kroner to £ 1 N.Z. T.T- 18126 O.D. 16.188 15.839 ' Noumea — T.T. 145.61 138.86 Francs to £ 1 N-Z-0,P- 147,11 138,00 Papeete— Francs to £1 N.Z. T.T. 145.01 189.01 O.D. 146.51 139.05 Sweden— • Kroner to £i n.z. T,T, 15,753 • 15458 p.p, 16,813 15464 Switzerland — 16.419 Francs to £1 N.Z. T.T. 16.680 O.D. 16,769 16,422 Chefoo — T.T, — N-Z- Pence to do}, —**— 0,D, — — Hong Kong— 18 51-64 N.Z. pence to dol. T.T, 18 27-64 O.D. 18 25-64 1951-64 India and Ceylon— N-Z. pence to rup. T.T. 229-32 22 0-16 O.P, 224 22 9-16 Japan— N.Z. pence to yen T.T. — 171 0,0, — 17| Manila— N.Z. pence to peso T.T. 3135-64 321 O.p. 3128-64 32{ Shanghai— N-Z> pence to dol. T.T. — *-!? OP, — —"T Singapore— x , , T.T. 34 17-32 OP, 84 7-18 35 1-64 861-64 N.Z. pence tp dol.

.. 3721 3.73 *546 O.D. .. 3.781 3-74,1 .. 3.7715rl6 3.79 146 o.d' ( !! .. 8.78*146 3.80