MARKET EASY

Evening Post, Volume CXXV, Issue 151, 29 June 1938, Page 16

MARKET EASY

SHEEPSKINS IN DUNEDIN

(By Telegraph—Press Association.)

DUNEDIN, June 28. Average-sized catalogues of sheepskins were offered at today s auction. Competition was on a more limited basis than at the previous sale. Haltbred and fine crossbred were firm to id cheaper, and shabby and damaged descriptions were slightly easier on last sale's quotations. Halfbrcds sold to !)d. fine crossbreds to B,d, crossbreds to Bid, halfbred hoggets to BJd, crossbred hoggets to 7Jd. . Following is the range of prices.— Halfbred. full wool B:]d to 9d, threequarter wool BJd to 8;M, half wool 7<d to 7?d, quarter wool s£d to 6d; fine crossbred, full wool Bjd to Bid, threequarter wool 7ijd to half wool 64a to 71d, quarter wool 4.5 d to Jjd; crossbred, full wool 7Jd to Bjd; threequarter wool 7Jd to 8d; half wool, M to 7id; quarter wool, 4Jd to s£d; hoggets, halfbred 8d to 8!d, fine crossbred 7id to Bd, crossbred to 7Jd; dead, halfbred 7ijd to BJd, fine crossbred 7jd to 72d, crossbred 6Jd to 6jd; lambs, halfbred 7d to 7Jd; crossbred, 6 ; , dto 7d; pelts, first 3|d to 33d, second 2d to 2Jd. BUTTER MARKET QUIET (By Telegraph—Press Assn.—Copyright.) (Received June 29, 11.40 a.m.) LONDON, June 28. The butter market is quiet. Choicest salted New Zealand, 124s a cwt; Australian, 122s to 1235; unsalted New Zealand, 125s to 1265; Australian, 123s to 1245. FOREIGN EXCHANGES Closing direct rates as quoted by the Bank of New South Wales Wellington, today, for buying and selling foreign 'currencies based on New Zealand .currency, were as follows: — Buying. Selling. £ s. d. £ B. d. London —£N.Z. to £ stf?. 100 T.T. 124 0 0 124 10 0 0.1). 123 10 0 124 8 9 Australia—£A. to £N.Z. 100 ... T.T. & O.D. 101 0 0 100 10 0 Fiji—£F. to £N.Z. 100. „ „ T.T. & O.D. 90 7 0 89 0 0 New York—Dollars to £ N Z 1 T.T. 4.0014 3.01 29 j ' * O.D. 4.0174 3.9709 Montreal—Dollars to £ Hi i T.T. 4.0467 4.0112 O.D. 4.0587 4.0182 Be^.nv-Belgas; to fi ' O.D. 23.750 23.376 Czechoslovakia —Korunas to £N.Z. 1. ... T.T. - 13.77 O.l). — 113.82 Denmark—Kroner to £ N Z 1 T.T. 18.203 17.893 O.D. 18.203 17.899 Finland—Marks to £ (iZ 1 T.T. 185.3 T. 179.55 O.D. 185.75 179.65 France —Francs to £ N.Z. 1 T.T. — 141.16 O.D. — 141.20 Germany— Rclchsmarks to £X.Z. 1 T.T. — 9.811 O.K. _ 9.816 Greece —Drachmae to £ U z 1 T.T. — 429.54 O.D. — 429.84 Holland—Florins to £ N z 1 T.T. 7.296 7,116 O.D. 7.330 7.150 Italy—Liro to £N.Z I. T.T. — O.D. — 75.56 Jara —Florins to £N.Z. 1 T.T. 7.275 7.125 O.D. 7.315 7.129 Norway—Kroner to £ NZ 1 T.T. 1G.182 15.892 O.D. 16.242 15.898 Noumea —Francs to £ N.Z. 1 T.T. — 139.91 O.D. — 139.95 Papeete—Franc3 to £ N,Z. 1 T.T. — 139.96 O.D. — 140.00 Sweden—Kronor to £ NZ. 1 T.T. 15.785 15.490 O.D. 15.845 15.490 Switzerland —Francs to £N.Z. 1 T.T. 17.551 11.281 O.D. 17.656 17.286 Chef oo—N.Z. pencc to 1 dollar T.T. — liy* O.D. — 12 15-64 Hong Knng—N.Z. pence 1 dollar T.T. 18 13-32 18 2.>-32 . O.D. 18 3-8 18 25-32 India & Ceylon—N.Z. pence to 1 rupee . T.T. 21 31-32 22'4 O.D. 21 15-16 22% Japan—N.Z. pence to 1 yen ...••••.••• T.T. —■ 17 33-64 * O.D. — 17 33-Ci Manila —N.Z. pence to 1 peso T.T. 29 21-32 30 5-32 O.D. 29 9-16 30 5-32 Shanghai—N.Z. pence to 1 dollar T.T. — 115-8 O.D. — 11 5-8 Singapore—N.Z. pence to 1 dollar T.T. 34 .1-8 34 55-6? O.D. 34 9-32 34 55-G? The £1 is £1 in New Zealand cur rency. The rates are subject to al teration without notice. Based on the figures quoted by the Bank of New South Wales, the New Zealand pound, compared with it: original- par value, is equivalent tc approximately 16s Id in London, £1 0s Id in Australia, 16s 4d in U.S.A. 16s 5.? din Canada, £1 2s 83d ir France, 16s 4d in Italy, 9s 71d ir Germany, lis 9 : Jd in Java, £1 8s in Japan. THE FRENCH FRANC (By Telegraph—Press Assn.—Copyright.] (Received June 29, 10 a.m.) LONDON, June 28. Sterling exchange on Paris, 177 7-1 francs to £1. Francs. June 27 ..... 177 7-8 June 17 : 178} May 4 1683 May 2 1623 April 25 165$ April 1 162} March 26 16315-16 March 8 15515-16 Par with sterling, 124.21 francs ti £1. PRICES OF BASE METALS (By Telegraph—Press Assn.—Copyright. (Received June 29, 11.30 a.m.) LONDON, June 28. The official London (middle) quota t.ions, as reported by the Australia: Mines and Metals Association, com pare with those previously cabled ai follows:— June 27. June 28. Per ton. Per ton. £ s. d. £ s. d CopperStandard, spot 37 16 10J 37 5 0 Ditto, forward 38 3 1J 37 10 7 Electrolytic . 41 15 0 41 15 0 to 42 15 0 42 5 0 Wire bars ■. 42 15 0 42 10 0 LeadSpot ....... 15 1 10i 14 8 1 Forward ••• 15 0 7| 14 8 1 Spelter— Spot 14 1 3 13 6 3 Forward ... 14 4 44 13 10 7 TinSpot 187 10 0 185 6 3 Forward ... 188 2 6 186 2 6 SilverStandard, per oz 19 l-16d 19 l-16d Fine 209-16 d 209-16 d DREDGING SHARES IN LONDON. (By Telegraph-Press Assn.-Copyright. (Received June 29, 11.30 a.m.) LONDON, June 28. Share Quotations—Clutha Rive: buyers 10id, sellers Is lid; Molyneu River, buyers Is, sellers Is 3d. BRITISH WAR LOAN. (British Official Wireless.) (Received June 29, 11.30 a.m.) RUGBY, June 28. The British War Loan, 3J per cenl is quoted at £101 15s. MOUNT LYELL SHARES. (By Telegraph—Press Assn.—Copyright (Received June 29, 11.15 a.m.) LONDON, June 28, Mount Lyell shares are quoted i 15s 10jd.