QUOTATIONS IN CHRISTCHURCH

Press, Volume XCVII, Issue 28748, 20 November 1958, Page 19

QUOTATIONS IN CHRISTCHURCH

Overseas Exchange Rates (New Zealand Press Association) AUCKLAND, November 19. There has been little movement of any consequence in foreign currency quotations to the £N.Z. during the last two weeks, accord- ; ing to the last summary on ex- i change rates by the National Bank < of New Zealand. Ltd. The United ] States dollar continued to remain ] steady around 5-8 of a cent I cheaper than par. Spot buying < and selling rates of the dollar appreciated 1-16 of a cent, repre- I sentmg a fluctuation of slightly 4 less than 6d per £lOOO to New 5 Zealand traders, while on the 1 other hand the forward selling f premium weakened from 3-8 to i 1 of a cent a month. The Canadian dollar appreciated t slightly to the £N.Z. over the 1 last two weeks. Spot buying and < selling rates hardened 1-8 of a t cent, which to New Zealand trad- t ers represents an approximate < fluctuation of Is per £lOO in i favour of exporters or against im- < porters. As with the United 1 States dollar the forward selling (

premium in this currency weakened from 3-8 to | of a cent a month.

Apart from a slight depreciation in the Swiss franc and the Dutch florin there has been little or no change in other Continental and Scandinavian currencies to the £N.Z. The Straits dollar again strengthened slightly, making a total appreciation of 1-8 a dollar in' the last month. Other Eastern currencies remain un-

Buyers Seilers £ e. d £ e. d NX GOVT — 3 p.C.. 18/4/56-59 .. 99 0 0 3 PXm 18/11/57-60 95 17 6 96 0 0 %%%£:: 93 15 0 91 3 6 96 *0 0 99 0 0 31 px., 18/5/83 .. 95 8 0 95 10 0 41 P-C.. 18/6/89 . 101 3 6 4| p.C., 15/6/61 .. 100 0 0 — 41 p.C.. 15/7/61 . . —. 100 0 0 j 41 p.c., 15/6/66-67 99 0 0 99 7 6 1 HANKS— A. and N.Z., c.d. — 2 10 1 “B,” c.d 2 1 6 3 3 6 Comm, of Aust. 0 15 11 0 16 1 | a., ana a 1 b 0 Nat. of N.Z., c.d. 1 10 0 NB.W. .. 28 2 6 Right* 11 13 0 11 14 0 Dominion 3 11 6 i New Zeeland 1 13 0 1 13 3 I eaUXsn MEAT— 1 Canterbury 23 17 6 24 0 0 i Pref 5 5 0 1 Sth. Otago, rts. 0 3 8 0 3 10 ' N.Z. Refrig. 2 3 0 2 3 6 ' Ntn Uanty.. pref. 0 19 6 — Southland — 2 19 3 Pref. .. 2 19 6 * GAO 11 1 Wellington •• — 15 3 iNblKANCB— F-A.M.E. 13 6 — Pref. .. — 14 3 National, c.d. 14 0 14 6 New Zealand 3 11 0 3 11 9 Sth. British, x.d. 3 11 0 3 12 0 luAA Ai\l> AGENCY — CJ C.A. contr — 1 0 U Pref. .. 2 9 0 2 11 6 Chch. Building .. — 1 10 0 Dalgety 1 17 0 — Mutual Benetit — 1 0 0 Nat. Mort.. "A" 0 6 7 0 6 9 , B” 0 6 7 — N.Z.F. Co-op. — 0 13 6 I First pref. — 0 14 0 I "A” pref. — 0 13 0 “B” pref. — 0 12 10 ; 5% p.c. Stk., ’70 94 15 0 — Newton King 0 12 0 0 13 0 i S.1 Finance I 6 6 — United Building 0 17 6 — i Wright, Stephen. — 1 13 6 >tm*PlNG— i P and O. 1 16 0 1 19 0 j Union, pref., c.d. —. 113 rtOOL. 1EXT1CES‘Bonds 0 16 3 Feltex. N.Z.. c.d. 1 18 0 — Holeproof — 0 17 9 Pref. 0 15 6 0 16 0 Lane, Walker Ind. 1 14 6 1 15 9 Pref., c.d 0 18 9 Manawatu 2 1 0 Mosgiel 1 13 6 1 15 0 Tekau • — 1 7 6 Timaru 1 0 9 1 2 9 i Rights 0 0 9 0 10 • Mlbi i.LLANEOUS1 Airwork 12 0 17 6 6 p.c pret 0 18 0 0 19 J Alloy Steel. N.Z 2 6 6 — 1 Amal. Batt, c d. 1 11 6. —— Ampol 0 14 7 —— New — 0 14 9 ■ Notes 0 10 11 — ' Andrews and Beaven 13 6 15 6 _A S Paterson .. — 1 6 6 r Aust. C.I. 2 9 9 2 10 6 i A WA 0 14 3 — : Ballins Hotels. 10s paid — 0 10 9 Beath and Co. .. — 1 15 6 i Begg and Co 2 13 6 — ! Brit. Tobacco 18 3 1 8 11 j Broken Hill Pty. 1 19 9 2 0 0 . Buntings c d — 1 9 9 Bums. Philp 2 13 0 . — ' Cent Otaeo Fruit — 1 0 0 Claude Neon. N.Z. 2 7 6 2 8 9 Col Sugar. Syd. 34 10 0 Consol Brick 0 16 6 ! 'ory-Wright of — 0 18 6 Cox Bros. — 0 4 9 Cyclone Fence. c.d. .. 1 10 0 1 12 0 . Pref. .. — 10 0 . Dorn Builders 0 5 0 iDom Rubber 0 14 0 i Dom Fertiliser .. 12 3 ; Donaghy's Rope 2 2 0 2 3 0 D.T.C. 0 17 3 0 18 3 • Pref. .. — 0 19 0 |n U nh.p Rubber .. — 1 13 » ; Email — 0 6 8 E.Z. 0 14 6 0 15 5 Drug Houses — 1 13 6 Fletcher Holdings. , c.d. 18 0 18 3 Frozen Products . 0 4 0 0 5 3 ■ G J. Coles 0 15 10 0 16 2 ‘ Golden Bay 0 8 3 0 8 9 Gordon & Gotch 0 19 0 Griffin and Sons — 0 12 9 ! Gerard. Aust. 0 19 0 f frl 1 t a Holm Engineering 0 19 0 j, ? 2 j Humes 2 8 0 2 11 6

Buyers £ a. d Sellers Miareilaneou* eonttL— (N.Z.), pref. . —— 0 19 3 J Gadsden 1 12 0 — John Chambers . 0 18 0 110 J. J. Niven 1 18 6 •i Mercei ma., pf 0 19 8 J. Wattle Cans ISO KJ>. Drugs 3 12 0 3 16 0 M.C.P. 0 3 9 u 4 0 Muling pref. 0 19 o McCaskey. pref 0 18 0 McLeod —. 2 1 0 Milburn Lime 16 0 National Electrl 8 0 0 — N.Z. Cement 0 17 6 0 18 0 N.Z. Forest Pro ducts, e.d 10 3 1 0 6 Pref. .. 0 18 6 N.Z. Newspaper 2 0 0 2 1 0 North’n Roller 1 12 0 Norvic Shoes 0 18 0 Nelson Fisheries — 15 0 Pref — 1 0 i R. and E. Tinge} 0 6 6 0 6 7 Reid Rubber 1 12 1 1 12 6 Pref. .. —— 0 19 0 Ross and Glendining 12 3 12 9 Silknit 0 14 9 0 16 0 Simpson and Wil Hams — 3 0 0 Skellerup. pref 0 18 6 — Truth «n.Z.) 1 15 ii Vibrapac Block 16 6 — Vibrapac (Otaeo 1 0 0 Vibrapac. righte 0 4 6 0 7 5 Rubber Dlst. 0 9 6 — Whakatane. ord. 14 0 W -mbe and Tombs 1 7 6 18 0 Wm Cable Hdgs. c.d. 1 2 6 Woolworths. ord 0 17 0 0 17 3 (N.Z.). ord. 0 16 0 0 16 3 (N.Z.) Pp.. pf — 0 19 0 OVERSEAS LISTINGS— Wool worths (S Africa) 13 0 — AUST MINING— Mount Lyell 14 3 North Kalgurlie . 0 9 3 0 9 9 Timor Oil — — 0 6 0 Placer — 4 0 0 MINING— Waihi 0 6 6 — (JNLISTEI STOCKS Buyers. Sellers. £ s d. £ s. d. Beaths, 19s on de posit — 15 0 Burt. A. and T 2 8 0 — Carbonic Ice — 2 11 0 Chch. Press 12 7 6 — Dominion Life 0 15 0 —— Pref. 0 19 6 — Kaiapoi Woollen 119 — Pref. .. — 12 3 Matea Forests 0 3 3 0 3 9 Scales 0 8 6 Zealandia Soap . — 0 10 3 Woolston Tanns 0 4 4 —