QUOTATIONS IN CHRISTCHURCH

Press, Volume XCIV, Issue 28154, 18 December 1956, Page 19

QUOTATIONS IN CHRISTCHURCH

ALTERED EXCHANGE RATES

The Canadian dollar made a further small gain over most other currencies last week, but sterling hardened in relation to the United States dollar and several European currencies. Altered telegraphic transfer exchange rates, as advised yesterday by the Bank of New South Wales, are as follows: New Zealand on:—

New York: buying, 2.7807 dollars to £N.Z.I (compared with 2.7783 dollars on December 10); selling, 2.7493 dollars (2.7468). Montreal: 2.6672 dollars (2.6684); 2.6326 dollars (2.6339). Belgium: 141.97 francs (141.77); 137.50 francs (137.30). France: 991 francs (990); 963 francs (962). Netherlands: 10.72 guilders (10.71); 10.46 guilders (10.45). Sweden: 14.55 kroner (14.53); 14.21 kroner (14.19). Switzerland: 12.27 francs (12.25); 12.02 francs (12.00). Western Germany: 11.72 marks (same); 11.48 marks (11.47). Singapore: 27 13/16d N.Z. to 1 dollar (27 10/16); 28 45/64d (28 37/64).

Chilean Copper Output.— Chilean copper production from January 1 to November 30 totalled 401,191 metric tons against 373,009 in the same period of 1955. Anaconda’s offer of pay rises and benefits has been rejected and a strike among Chuquicamata works seems probable before the year ends, according to the Australian Financial Review.”

Buyers. £ s. d. Sellers. £ s. d. N.Z. Govt — 3 p.c., 15/2/55-58 .. 98 17 6 — 3 p.c., 15/4/56-59 .. 96 10 0 — 3 p.c., 15/11/57-60 .. 93 5 0 93 10 0 3 p.c., 15/8/59-61 .. 93 0 0 —■ 3 p.c., 15/7/63-65 .. — 88 10 0 3 p.c., 15/5/64-66 .. 86 0 0 — 32 p.C., 15/8/58 .. 32 p.c., 15/6/59-60, 99 5 0 — xi ., .. — 96 10 0 32 p.c., 15/5/62 — 94 15 0 3J p.c., 15/9/65 — 93 5 0 4 p.c., 31/5/54-58 .. 98 15 0 — Banks— Aust, and N.Z. x.d. 1 13 6 — “B,” x.d. 1 16 0 — Comm, of Aust. .. 0 14 0 0 14 2 Pref. — 6 2 6 Comm, of Syd. — 16 15 0 Nat. of A’asia., £1 — 1 6 3 12s 6d — 0 16 3 Breweries — Ballins, pref., c.d. 0 19 9 — Dominion — 4 12 0 Rts. 1 7 0 — New Zealand Frozen Meat— — 2 3 3 Canterbury .. 25 15 0 — Pref. 6 7 6 — N.Z. Refrig. 1 14 6 — Southland •• —— 3 11 0 Waitaki •• Gas— 1 4 9 — • Christchurch .. 1 1 3 — Cont. .. • • 0 16 6 — Insurance— F.A.M.E. 1 11 0 1 12 9 New Zealand .» — 4 1 6 South British •. — 3 19 0 Standard . • Loan and Agency— — 1 1 9 C.F.C.A., ord. — 1 10 0 Dalgety, “A” 0 10 6 Invinc. Building .. 4 11 0 Nat. Mort., “A” .. 0 6 6 — N.Z.F. Co-op. 0 14 0 0 14 2 First Pref. "A” Pref. 0 14 7 — 0 14 0 0 14 3 “B” Pref. 0 14 0 0 14 3 4J p.c. Stk., ’60 4 15 0 — N.Z. Guar. Corp. 1 10 0 Farmers’ Fin. — 1 2 6 Perpet. Trustees .. 2 3 6 — S.I. Finance 1 6 9 — Wright, Steph., pf. 1 1 0 Cont. — Shipping— Hud. Parker, pf. .. 0 15 6 Northern • • — 0 10 Timber— Taupo Totara . • Woollens— — 2 1 0 Pref. .. •• 0 19 0 Bonds .. •• — 0 16 6 Feltex, N.Z. — 1 7 Lane Walker Ind. .. — 1 16 Pref. 0 19 9 — Wellington, “B” pfMiscellaneous — 1 1 9 Ampol 0 9 6 Andersons, 1st pf. 0 19 6 — Apex Ice Andrews and Bea2 7 0 ven, ord. — Aust., C.I. 2 3 6 2 5 Beath and Co. — Berlei Indust. — 2 5 Dental and Med. 2 1 9 Broken Hill Ply. 1 15 6 1 16 Cory-Wright — 1 3 Colonial Sugar Coulls, Somerville, pref. 0'19 6 —— Cyclone Fence 1 9 0 Contr. Dorn. Rubber 1 1 9 —— Dunlop (N.Z.), pf0 15 9 Electro. Zinc. ord. Pref. Evans Atlas 2 12 0 14 0 2 Farrier-Waimak 0 17 0 Fletcher Holdings “C” pref. — — 0 18 Frozen Products .. — 0 7 G. J. Coles 0 14 11 Hallenstein . Bros. — 1 13 Hay’s, Ltd. Pref. .. • • 1 0 0 1 0 3

Buyers. £ s. d. Sellers. £ s. d. Miscellaneous (Contd.) — J. Gadsden 1 14 6 — Pref., c.d. 0 19 9 J. Wattle Canneries — 13 6 K.D.V. Boxes 0 10 10 — K.p. Drugs — 6 0 0 M.C.P. — 0 5 1 McLeod — 2 2 0 Midland Mot., pre 10 0 Milburn Lime — 17 0 N.Z. Forest Prod 0 18 0 0 18 6 N.Z. Ind. Gas 1 12 6 1 15 0 N.Z. Newspapers 1 11 6 1 12 0 Norvic Shoes 0 14 1 — Quill Morris 15 6 — Sanford, rights 0 2 3 — Tasman, £1 paid 12 0 —- Tip Top Ice, x.b. 0 12 10 — Weeks 1 10 0 — Pref. 0 19 0 — Whakatane, pref. 0 19 0 — Whit, and Tombs, new 1 10 0 1 10 9 Wilson’s Malt 0 11 3 — Woolworths, ord. 0 13 6 0 13 7 (N.Z.), pref. — 1 14 0 Pp., pref. . 10 9 — Overseas Listings— Woolworths (S.A ) 0 12 0 — Aust. Mining— Mount Lyell — 15 0 UNLISTED STOCKS Beaths, 19s on dej 18 0 Buntings 1 10 0 — A.P.A. •. • 1 12 0 ■— Canty. Seed — 19 0 Canty. Saleyards . 1 12 6 — Finance and Disc ord. — 113 John Bulleid — 0 9 0 Kaiapoi Woollen . 12 0 — Matea Forests — 0 3 0 Mercer, J., pref. . 113 1 1 9 Regent Theatre . . 10 0 —. R. and E. Tingey . — 0 7 6 Scales — 0 13 0 Vibrapac Blocks 12 6 — Visilant Alarms — 0 8 0 Rights . — 0 0 6