COMMERCIAL

Evening Star, Issue 22413, 10 August 1936, Page 12

COMMERCIAL

FOREIGN EXCHANGE ON NEW ZEALAND CURRENCY BASK The Bank of New South Wales, Dunedin, quoted the following rates (to-day) for purchase and sales of foreign exchanges (all rates subject to alteration without notice:—. Buying. Selling.

DOLLAR RATES. The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates to-day on a New Zealand currency basis. They are subject to alteration without notice: — ' U.S.A. Canada. (Per £1 N.Z.) (Per £1 N.Z.) SELLINGT T (dol) 4.03 4.03 O.D. (dol) ... ... 4.03* 4.03* BUYING O.D. (dol) 4.08 4.07 J SYDNEY STOCK EXCHANGE. Press Association—By Telegraph—Copyright SYDNEY, August 10. (Received August 10, at 2 p.m.) Bonds: 3£ per cent., 1951, £9B 10s; 4 per cent., 1938, £lOl 10s; 1941, £lOl 12s 6d; 1950, £lO2 15s; Shares: Commercial Bank of Australia, 183 lid; New Zealand Insurance, 61s 6d; Tooths, 53s 9d; British Tobacco, 40s 3d; Broken Hill Proprietary (new), 545; Electrolytic Zinc, 41s; Goldsbrougn Mort, 31s 9d; James Stedman, 19s IJd. SALES ON ’CHANGE: THIS DAY. Christchurch. —Brokn Hill Proprietary, 735; G. J. Coles, 80s; Mount Lyell, 29s 7d, 29s Bd. Auckland (Combined Calls) .• —Kenown, 13s ; Mount Morgan, 14s, 14s Id; Martha, 17s 10d; Farmers’ Trading, 18s lid; Mount Lyell, 29s 6d; Bank of New Zealand, 40s; Coles, 99s 8d; Woolworths, £5 7s; Woolworths (Sydney), £5 15s 6d; Woolworths (Westralia), £5 16s 6d; Trotting Club, 6* per cent., £lOl. Wellington. Broken Hill Proprietary, 73s 4d; Hume Pipe, 20s 9d; Guarantee Corporation, 5s 8d; New Zealand Refrigerating (10s paid), 9s Bd. Our Auckland correspondent telegraphs:—A fresh week opened quietly with a moderate list of sales at the first call. These included Bank of New Zealand shares, which at 40s were unchanged, with the subsequent market very steady from 39s lid to 40s. Otherwise the bank section was very dull, a remark which also applies to insurances. The only inquiries were for Nationals at 18s 4d, and New Zealand at 61s 6d. Government stocks were again in good demand for all lines, with no sellers. Amongst the industrials Dominion Breweries were conspicuous, with offers of 28s for both ordinary and preference shares.. In the miscellanous classes the Woolworth group again engaged attention. New Zealands were quoted from £5 5s to £5 10s ; Sydneys from £5 14s to £5 16s : and West Australians from £5 6s to £5 17s. Mount Lyells continued their recent firmness, with buyers at 28s bd and no sellers. Other Australian lines were quiet.

London— £100 stg. N.Z Australia— £A to £100 ■N.Z. ... ... T.T. £124 O.D. £12310/ T.T. £101 £124 10/ £124 8/9 £100 10/ Fijt— £F to £100 N.Z T.T. £90 7/6 £89 New York — Dollar to £1 N.Z Montreal— Dollar to £1 N.Z. ... .. T.T. O.D T.T. O.D. 4.06 5-8 4.075 4.06 5-8 4.07J 4.03 4.03* 4.03* 4.03 5-8 Austria— Schilling to £1 N.Z . TT. O.D. - 20.93 20.95 Belgium— Belgas to £1 N.Z T.T. O.D. - 23.836 23.847 Czechoslovakia — Crowns to £1 N.Z T.T. O.D. - 96.67 96.72 Denmark— Kroner to £1 N.Z T.T. O.D. 18.203 18.263 ■ 17.893 17.903 France— Francs to £1 N.Z T.T. O.D. - 61.67 61.11 Germany— Reichsmarks to £1 N.Z T.T. O.D - 9.970 9.975 Holland — Florins to £1 N.Z T.T. O.D. - 5.901 5.905 JavaFlorins to £1 N.Z. ... .. T.T. O.D. - 5.862 5.866 Norway — Kroner to £1 N.Z T.T. O.D. 16.181 16.241 15,891 15.901 Sweden— Kroner to £1 N.Z T.T. O.D. 15.785 15,845 15.490 15,500 Switzerland — Francs to £1 N.Z T.T. O.D. 3 12.296 12.301 Noumea — Francs to £1 N.Z .. T.T O.D , - 59.70 59.76 Papeete — Francs to £1 N.Z . T.T. O.D. - 59.85 59.91 Hongkong— N.Z. pence to 1 dollar T.T. O.D. 17-63 64 17 57-64 18-63-64 18 61-64 India and Ceylon— N.Z. pence to 1 rupee T.T. O.D 22 9-64 22 3-64 22 57 64 22| Japan— N.Z. pence to 1 yen •• T.T. O.D. - VII 17 39-64 Shanghai— N.Z. pence to 1 dollar T.T. O.D. 1713 32 17 7 32 18 13-32 18 25-64 Singapore— N.Z. pence to 1 dollar ' ... T.T. O.D. 34 27-64 34 15-64 35 31-64 35 15-32