QUOTATIONS IN CHRISTCHURCH

Press, Volume XCVII, Issue 28532, 11 March 1958, Page 17

QUOTATIONS IN CHRISTCHURCH

BANK OF N.S.W. Travel Department’s Expansion

On March 7, the Bank of New South Wales celebrated the twenty-fifth anniversary of its entry into the travel business. Mr H. R. Brown, manager of the travel department at the bank’s head office in Sydney, who returned recently from his visit as a delegate to the Pacific Area Travel Association in Santa Barbara. California, said that in recent years banks had been playing an important role in travel promotion in the Pacific area. Established in Sydney in 1933 and in New Zealand in 1935, the travel department operates on an international basis, embracing a world-wide network of travel agents which makes it possible to introduce customers to agents at the major entry points for land, sea and air transport in most countries. The Bank had entered the travel business because it had wide ramifications and international financial experience, as well as realising the fact that banking and travel requirements were so closely related, said Mr Brown. He said some idea of the extent of the bank’s travel services could be gained from the following figures recently released. Almost 10,000 booking had been made for sea travel. 16,000 for air travel. 10 000 by rail, and more than 40.000 individual hotel bookings had been made during the past 12 months. The bank’s Berkeley Square branch in London alone had conducted personal interviews with more than 38500 peoole in this period to complete their travel arrangements. Altered Exchange Rates The £ lost 4 cent on the Canadian dollar last week, but gained fractionally on the United States dollar. Altered telegraphic exchange rates, as advised yesterday by the Bank of New South Wales, are:— New Zealand on— New York: buying, 2.8107 dollars to ENZ.I (compared with 2.810] dollars on March 3): selling, 2.7789 dollars (2.7783). Montreal: 2.7496 dollars (2.7521); 2.7141 dollars <2.7166). Austria: 72 97 schillings (73.01); 71 49 schillings (71.51). Belgium: 141.72 francs (141.52): 137.20 francs (137.00). Denmark: 19.59 kroner (19.58); 18.92 kroner (18.91). France: 1191 francs (1189); 1158 francs (1156). Italy: 1749 lire (1751); 1714 lire (1716). Netherlands: 10.70 guilders (10.71); 10.' 1 4 guilders (10.45). Sweden: 14.62 kroner (14.63); 14.28 kmner (14.29). Western Germany: 11.7? marks (11.78); 11J3 marks (umi).

N.Z. GOVT.— Buyers. £ s. d. Sellers. £ s. d. 3 p.c., 15/8/59-61 .. 93 7 6 3 p.c., 15/4/60-62 .. 93 2 6 3 p.c., 15/7/63-65 .. — 87 15 0 3 p.c.. 15/5/64-66 . . 87 5 0 — 34 p.c., 15/1/56-59 98 10 0 3.J p.c., 15/9/57-60 97 0 0 32 P-c., 15/8/58 .. 99 10 0 32 P-c., 15/5/62 .. 95 15 0 32 p.c., 15/9/65 .. 93 7 6 32 p.c., 15/5/65-66 91 12 6 3j p.c., 15/9/69 .. 90 0 0 32 P-c., 15/9/74 87 5 0 4 p.c., 15/8/65-66 92 10 0 4J p.c., 15/6/61 99 10 0 4g p.c., 15/6/66-67 97 10 0 42 p.c., 15/8/67-69 97 10 0 —_ BANKS— Comm, of Aust. .. 0 16 3 Pref. .. 6 10 E., S., and A. 1 10 0 Natl, of A’asia, 12s 6d 0 17 9 Natl, of N.Z. 17 0 N.S.W. — 33 2 6 BREWERIES— Ballins, ord. 1 15 6 1 17 3 Dominion, rts. .. 1 8 10 Dominion 4 11 0 New Zealand 2 11 9 Tooths 2 0 0 2 16 Westland 2 6 6 FROZEN MEAT— Canterbury 26 10 0 26 15 0 Pref. 6 5 0 N.Z. Refrig. 2 6 3 Nth. Canty., pref. 10 6 Southland — 3 4 0 South Otago 11 0 0 Waitaki 2 0 0 Auckland 0 8 3 Christchurch 0 18 9 0 19 6 Cont. 0 14 6 Wellington 1 12 0 INSURANCE— F.A.M.E, 19 0 Pref. .. National 18 3 New Zealand 4 19 United 2 9 0 South British 4 4 6 Standard 115 LOAN AND AGENCY— Chch. Building .. 15 10 0 Dalgety 1 10 0 Goldsbrough, M. 1 10 0 Mutual Benefit .. 110 Natl. Mort., “A” 0 8 0 “B” 0 7 11 0 8 2 Newton, King, pf. 1 2 0 n.z.l. & M., ord. 12 0 Perm. Invest. 11 15 0 N.Z. Guarantee .. 0 2 10 South Island Fin. 1 12 6 1 14 0 Wright, Steph. .. 2 10 Pref. .. 110 SHIPPING Hudd. Parker, c.d. 2 8 0 2 10 0 Pref., c.d. 0 17 3 P. and O., c.d. .. 18 0 TIMBER— Kauri 0 18 0 Taupo Totara 1 14 6 WOOLLENS— Bonds, c.d. 0 18 6 Feltex, x.d. 13 0 13 3 N.Z. 1 15 6 Lane, Walker, In. 1 19 6 2 0 3 Pref. .. 10 3 Manawatu 4 3 0 Oamaru 2 3 6 Tekau 1 10 0 New 19 6 Timaru Wellington 2 0 3 MISCELLANEOUSAmal. Batt. 1116 Ampol 0 13 3 Andersons, 1st pf. 0 19 10 Andrews and Beaven 17 3 Apex Ice 2 17 0 Aulsebrooks, pref. 0 19 6 Aust. C.I. 2 9 0 A.W.A. .. 0 10 0 Beath and Co., x.d. 1 13 0 Ballins Hotels 0 6 0 0 6 6 Begg and Co. .. 2 15 0 Brit. Tobacco, x.d. 18 9 By crofts 2 10 0 Broken Hill Pty. 1 17 9 1 18 3 Cant. Roller Flour 0 12 0 C.S.W., rights .. 0 8 6 0 15 0 Colonial Sugar .. 37 0 0 37 10 0 Sydney 37 0 0 37 10 0 Coulls, Somerville 1 17 0 .— Cox Bros. 0 5 1 0 5 2 Cyclone Fence .. 1 14 0 Dorn. Rubber 10 0 Dom. Builders 0 10 0 Dom. Fertiliser .. — 1 16 3 D.I.C., pref. 10 6 — Dunlop Rubber, x.d. 1 10 9 — N.Z., pref. — 0 16 9 Email 0 6 2 — E.Z. 0 14 10 0 15 2 Gillman Packing 17 6 __ Fletcher Holdings — 1 10 6 Convert Debs. .. 12 0 — G. J. Coles 0 16 4 Golden Bay 1 18 0 - - Griffin and Sons — 0 14 0 Hallenstein Bros. 1 18 0 — A. S. Paterson — 16 6 Giant 0 13 0 — Hauraki Whaling — 0 10 0 Hay’s, Ltd. 15 3 — Pref. .. 10 0 — Henry Berry, c.d. 1 3 3 14 0 Humes 2 13 0 — (N.Z). pref. .. 1 0 0 — J. J. Niven 2 8 0 J. Wattie Can. .. — 1 7 3 K.P. Drugs — 5 1 6 M.C.P. — 0 4 11 Maling, pref. —r0 19 9 Love Const. 13 0 — Morts Docks 0 110 — McKenzies — 1 0 3 Mercer Indust., pf. 1 1 3 — Milburn Lime. c.d. 1 11 9 — M.K. Manufac . .. — 1 12 9 National Electric 7 0 0 —— N.Z. Cement 0 17 6 — N.Z. Forest Prods. 0 17 6 — N.Z. Packing Corp. 13 0 — N.Z. Paper Mills 1 10 0 Northern Holler .. 110

Buyers. Sellers. £ s. d. £ s. d. Miscellaneous (Contd.)— Norvic Shoes .. 0 18 0 — Otago Daily Times 2 11 0 — Nelson Fish, pref. 10 0 — Reid Rubber 1 14 0 1 15 6 Skellerup, pref. .. 0 19 3 — Sanford .. — 0 19 0 New .. .. — 0 18 9 Tip Top Ice .. 0 14 3 — Ultimate-Ekco .. — 0 16 0 Vibrapac (Otago) — 12 0 Waltons 0 16 0 0 16 3 Whit, and Tombs 19 6 — Wm. Cable Hdgs. 14 4 — Will. Jeffery .. — 17 6 Wilsons Cement — 0 15 0 Woolworths, ord. 0 16 7 0 16 9 N.Z., ord. 0 18 6 — W. R. Carpenter — 0 11 0 AUST. MINING— C’wealth Mining — 0 8 8 Mount Lyell .. 0 17 3 — Timor Oil .. — 0 3 10 MINING— Waihi .. .. — 0 3 0 UNLISTED STOCKS Buntings .. 19 0 — Bing Harris, “A” — 0 19 0 Canty. Saleyards 2 11 0 — Amberley Lime .. — 10 6 Dominion, pref. 0 19 0 — Finance and Discount, pref. .. — 0 19 0 Kaiapoi Woollen — 18 3 Pref. .. .. 13 6 — Lichfield N.Z., pf. — 10 6 Matea Forests .. 0 16 — Nelson Fish .. — 17 0 Restar, S.I., pf. — 0 16 9 Scales .. — 0 11 6