QUOTATIONS IN CHRISTCHURCH

Press, Volume XCVI, Issue 28450, 3 December 1957, Page 19

QUOTATIONS IN CHRISTCHURCH

STERLING FIRMER Overseas Exchange Rates Sterling made small gains on the dollar currencies last week. The £ now buys 1 cent more of United States currency and 3 cents more of Canadian' currency than it did a month ago. The change was brought about rather by a weakening of the dollar currencies over the last few weeks than by a strengthening of sterling, for there has been little change in the rates as between Britain and most Continental countries. Telegraphic transfer exchange rates, as advised yesterday by the Bank of New South Wales, are as follows: „ _ Buying. Selling. N.Z. on— London N.Z. to £lOO stg. 100/7/6 101 New York— Doi. to £1 N.Z. .. 2.8020 2.7702 Montreal— Doi. to £1 N.Z. .. 2.7152 2.6802 Australia—£A to £lOO N.Z. 124/10/9 124 Fiji—£F to £lOO N.Z. 111/11/9 110/4/3 Western Samoa—£S to £lOO N.Z. 100 South Africa—£N.Z. to £lOO S.A. 99/14/0 101/5/6 Belgium— Francs to £1 N.Z. 141.82 137.30 Denmark— Kroner to £1 N.Z. 19.59 18.91 Fran’ce— Francs to £1 N.Z. 1190 1157 Netherlands— Guild, to £1 N.Z. 10.71 10.45 Norway— Kroner to £1 N.Z. 20.23 19.56 Sweden— Kroner to £1 N.Z. 14.59 14.25 Switzerland— Francs to £1 N.Z. 12.28 12.03 Western Germany— Deutsche marks x to £1 N.Z. 11.77 11.52 Noumea— Francs to £1 N.Z. 201.84 Papeete— Francs to £1 N.Z. 201.84 Manila— Pesos to £1 N.Z. 5.65 5.50 Hong Kong— N.Z. pence to dol. 14 43-64 15 19-64 India— N.Z. pence to rup. 17 29-32 18 11-32 Ceylon— N.Z. pence to rup. 17 29-32 18 13-32 N.Z. pence to rup. 17 29-32 18 11-32 Singapore— N.Z. pence to dol. 27 11-16 28 37-64 Italy— Lire to £1 N.Z. .. 1754 1718 Austria— Schilling to £1 N.Z. 72.96 71.46 Colombo Tea Sales Postponed (N.Z. Press Association—Copyright) COLOMBO. Nov. 30. The Colombo tea sales scheduled for December 2 have been postponed indefinitely because of the dock workers’ strike. A meeting of the Tea Traders’ Association will be held on the morning of December 2 to review the position.

N.Z. GOVT.— Buyers. £ s. d. Sellers. £ s. d. 3 p.c., 15/4/56-59 97 17 6 3 p.c., 15/11/57-60 94 10 0 3 p.c., 15/8/59-61 .. 94 0 0 3 p.c., 15/4/60 63 .. 90 10 0 3 p.c., 15/7/61-63 .. 91 0 0 3 p.c., 15/6/61-64 .. 90 0 0 3 p.c., 15/7/62-64 .. 89 15 0 3 p.c., 15/7/63-65 ... 88 0 0 32 p.C., 15/8/58 .. 99 17 6 __ 32 p.c.. 15/9/74 .. 86 15 0 87 5 0 4 p.c., 31/5/54-58 .. 99 5 0 __ 42 p.c.. 15/6/59 .. 100 0 0 41 p.c., 15/6/61 .. 100 2 6 __ 42 p.c., 15/6/66-67 98 15 0 mm 41 p.c., 1960 99 10 0 __ BANKS— Comm. of Aust .. 0 15 9 0 16 0 Nat. of N.Z.. c.d. 17 0 N.S.W. 34 0 0 BREWERIES— Ballins. ord., c.d. 1 15 3 1 15 9 Pref., c.d. 0 19 10 FROZEN MEAT— Canterbury, pref. 6 7 6 6 15 0 N.Z. Refrig. 2 8 0 Nth. Canty., pf. — 110 Southland *m 3 8 6 GAS— Auckland 0 9 0 Chch., cont. . _ 0 15 6 INSURANCE— National 17 9 18 3 New Zealand 4 2 0 Merc. Mutual 2 6 0 Standard 1 1 0 113 LOAN AND AGENCY— Dalgety, £1 — 1 13 0 Golds., Mort. 17 6 MM Nat. Mtge. “A” 0 8 5 “B” 0 8 3 MM N.Z.F. Co-op. 0 16 6 M— First pref. 0 16 9 MM 41 p.c. Stk., 60 95 10 0 MM 41 p.c. Stk. ’65 90 5 0 MM W.F.C.A. 0 6 6 MM Perm. Invest. 11 15 0 MM S.I. Finance 1 11 0 —M United Bldg. — 0 18 0 Wright. Steph. .. — 2 1 9 Pref. '.. 113 — SHIPPING— N.Z., pref. — 9 10 0 Huddart Parker .. —— 2 6 6 Union. pf., x.d. 13 0 MM WOOLLENS— Feltex 1 1 9 MM N.Z. 1 12 3 MM Holeproof 0 13 9 — Pref. 0 15 0 MM L. Walker Ind. 1 18 3 MM Pref. 10 0 MM Manawatu, x.d. .. 3 15 0 4 10 Tekau 17 9 18 3 Pref. — 0 19 9 Timaru 13 0 15 0 MISCELLANEQUSAirwork 15 0 MM Alloy Steel, N.Z. — 3 0 0 Amal. Batt., c.d. 1 10 0 — Rights 0 5 0 — Andersons, 1st pf. -— 10 3 Andrews and Bev. 17 6 19 0 Ampol 0 10 8 —— Apex Ice 2 15 0 MM Aulsebrooks, pf., c.d. 0 19 3 10 0 Aust. C.I. 2 8 0 — Aust. Found. Inv. 0 6 0 — Bycrofts .. M M Beath and Co. .. 1 13 0 1 16 6 Brit. Tobacco, c.d. 16 6 M— Email 0 6 3 0 6 9 Broken Hill Pty. 1 19 9 2 0 3 Cox Bros. 0 5 5 0 5 9 Burns, Philp 2 11 3 MM C. & A. Odlin, x.d. — 2 8 9 Claude Neon, N.Z. — 2 13 0 Col. Sug., Syd. — 36 12 6 Coulls. Somerville 2 4 0 — Cyclone Fence .. 1 12 3 —- Cont. 110 Dom. Builders .. 0 9 3 MM Dom. Rubber .. — 14 6 D.I.C. 0 17 3 —— Pref. 10 3 — Dunlop, N..Z. 1 1 9 — Pref. .. 0 16 3 — Farmers’ Trad. — 2 5 0 Farrier - Waimak 0 15 6 0 18 0 Fletcher Holdgs., x.d. 18 3 MM “B" pf., x.d. .. — 0 19 0 “C” pref., x.d. — 0 19 0 G. J. Coles 0 15 0 — Gordon & Gotch 0 16 0 0 16 9 Greater Crystal 13 0 MM Griffin and Sons 0 12 3 —— Hallenstein Bros. 1 16 0 MM A. S. Patterson, x.d. mm 1 10 3 Griffins, pref. .. 1 2 6 —— Hay’s. Ltd. 15 9 16 0 Pref. .. 10 0 MM Henry Berry 13 6 MM Humes, N.Z., pf. 10 0 — Mauri Bros. & T. 1 12 6 MM J Gadsden — 2 10 0 Pref. 10 3 MM John Chambers .. 1 2 0 M— J. J. Niven 2 5 9 M— J. Wattie Cans. 14 9 —M K.P. Drugs 5 16 —M M.C.P. 0 3 6 — Maling, pref. 0 18 6 0 19 6 Love Constn., pf. 0 19 0 MM Mas. Struthers, 14s paid —- 0 18 0 10s paid — 0 14 0 Mercer, pf. —— 12 0 McKenzies, c.d. .. 0 18 2 — Milne and Choyce — 2 10 6 Midland Mot., pf. — 0 19 9 Milburn Lime 1 10 0 — M.K. Mfrs. 0 11 0 — N.Z. Cement — 10 3 N.Z. Express 1 10 0 —— N.Z. Forest Prod. 0 16 2 0 16 6 Pref. 0 19 3 0 19 9 N.Z. Newspapers 1 18 9 1 19 0 N.Z. Paper Mills 19 0 — Northn. Roller .. — 2 2 0 Norvic Shoes 0 16 n — Otago Daily Times 2 11m 8 •=

Buyers. Sellers. £ s. d. £ s.. d. Miscellaneous (Contd.) — Ross and Glen. 1 4 9 Silknit 0 14 0 Skellerup, pref. .. 0 19 3 __ Victoria Laundry 0 11 3 Turnbull and J. 2 1 0 Ultimate-Ekco 0 16 0 Weeks 1 8 9 Pref.' .. 0 19 0 Whakatane, pf. 1 2 3 Whit, and Tombs 1 8 6 Will. Jeffery, pf. 0 19 0 Vibrapac, Otago 1 0 6 W’worths., ord. 0 15 0 N.Z., ord. 0 18 6 0 18 9 N.Z., Pp., pf. .. 1 0 3 W. R. Cooke and Son 1 2 0 AUST. MINING— Mount Isa 1 5 6 Timor Oil 0 6 3 MINING— Waihi 0 2 6 0 3 0 UNLISTED STOCKS Beaths, 19s on deposit 1 6 0 1 8 0 Booth, Macdonald 0 1 0 0 1 6 Buntings 1 8 0 New 1 7 6 Canty. Seed 1 7 6 Chch. Press, c.d. _ _ 13 50 Fin. and. Disc., ord. 1 0 0 1 5 o Kaiapoi Woollen 1 5 3 Liberty Theatre, c.d. 2 0 0 2 3 0 Matea Forests .. 0 2 3 John Bulleid 0 9 o Prudential Bldg. 0 16 6 Regent Theatre 1 2 0 1 3 0 R. and E. Tingey 0 6 9 Rink Invests. 1 12 0