LATE COMMERCIAL

Evening Star, Issue 22722, 9 August 1937, Page 12

LATE COMMERCIAL

FOREIGN EXCHANGES ON NEW ZEALAND CURRENCY BASIS The Bank of New South Wales, Dunedin, quoted the following rates for purchase and sales of foreign exchanges (all rates subject to alteration without notice) : Buying. Selling. London — £IOO stg. N.Z, T.T. £124 £124 10/ O.D. £123 10 j £124 8/9 Australia—£A to £IOO N.Z T.T. £lOl £IOO 10/ Fiji—£F to £IOO N.Z T.T. £9O 7/6 £B9 New York— Dollars to £1 N.Z T.T. 4.0374 4.0003 O.D. 4.0474 4.0043 Montreal — Dollars to £1 N.Z T.T. 4.0363 4.0014 O.D. 4.0488 4.0054 Austria — Schillings to £1 N.Z T.T. O.D. Belgium— Belgas to £1 N Z T.T. O.D. Czechoslovakia — Crowns to £1 N.Z T.T. O.D. Denmark— Kroner to £1 N.Z T.T. 18.205 17.893 O.D. 18.283 17.899 France— Francs to £1 N.Z T.T. O.D. Germany— Reichmarks to £1 N.Z T.T. O.D. Holland — Florins to £1 N.Z. ... ... T.T. O.D. Italy— Lire to £1 N.Z T.T. O.D. Java — Florins to £1 N.Z T.T. O.D. Norway— Kroner to £1 N.Z . T.T. 16.18.1 15.891 O.D. 16.241 15.897 Sweden — Kroner to £1 N.Z T.T. 15.786 15.491 O.D. 15.846 15.497 Switzerland — Francs to £1 N.Z T.T. O.D. Noumea— Francs to £1 N.Z T.T. O.D. Papeete— Francs to £1 N.Z T.T. O.D. Hongkong— N.Z. pence to 1 dollar T.T. 18 7-32 18 21-32 1 O.D. 18 3-16 18 21-32 Indian and Ceylon— N.Z. pence to 1 rupee T.T. 22 3-8 22 21-32 O.D. 22 11-32 22 21-32 Japan— N.Z. pence to 1 yen T.T. _ 17 31-64 O.D. Shanghai— N.z. pence to 1 dollar T.T. 17 29-64 17 57-64 O.D. 17 27-64 17 57-64 Singapore— N.Z. pence to 1 - dollar T.T. ■34 23-32 35 13-64 O.D. 34 5-8 35 13-64 Chefoo — N.Z. pence to 1 dollar T.T. 17 13-32 18 1-32 O.D. 17 23-64 18 1-64 Manila— N.Z. pence to 1 peso T.T. 29 47-64 30 15-64 O.D. 29 41-64 30 15-64 PROPERTY SOLD. Park, Reynolds Ltd. report having sold by auction to-day, on account of an absentee, an area of 12.12 poles with a single-story four-roomed brick cottage, No. 42 Helena street. Bidding commenced at £3OO and reached £375, at which figure it was sold. FOREIGN EXCHANGES. (British Official Wireless.) Press Association—By Telegraph—Copyright RUGBY, ’August 5. (Received August 6, at 1.30 p.m.) The following are the mean closing rates:— Paris, franc to £1 132 55-64 New York, dollar to £1 4.9811-16 Montreal, dollar to £1 4.98| Brussels, belgas to £1 29.611 Geneva, francs to £1 21.70^ Amsterdam, florin to £1 9.041 Milan, lire to £1 94.11-16 Berlin, reichmarkon to £1 ... 12.391 Stockholm, kroner to £1 19.39^ Copenhagen, kronor to £1 ... 22.40 Oslo, kroner to £1 ... 19.90 Vienna, schillings to £1 261 Prague, crowns to £1 ... 143 Helsingfors, marks to £1 216 Jr Madrid, pesetas to £1 92 11-32 Lisbon, escudo to £1 100 3-16 Athens, drachmae to £1 ... ... 5471 Bucharest, lei to £1 670 Belgrade, dinars to £1 216 Warsaw, roubles to £1 26.06 Bio de Janeiro, pence to milreis 4* Buenos Aires, pence to dollar ... Montevideo, pence to dollar ... 39J Bombay, pence to rupee 181 Shanghai, pence to dollar 14J Hongkong, pence to dollar ... 14 29-32 Yokohama, pence to yen 14 Batavia, florin to £1 9.00 SALES ON ’CHANGE: THIS DAY. Auckland.—First call: South British Insurance, £5; Union Bank, £lO 2s 6d (2); Farmers’ Auction (£2 paid), 31s; Dominion (Breweries, 41s 3d; Electrolytic Zinc, 61s; Taranaki Oil, 4s 8d (2); Broken Hill Proprietary, 84s 3d. 12.15 p.m. call: Dominion Breweries, 41s 3d; rights (3), 12s; Colonial Sugar, £4B; Mort’s Dock, 13s Id; Taranaki Oil, 4s 8d; Wilson’s Cement, 20s Id. Unlisted: Selfridges (Aust.), 35s 3d. Wellington.—First call: D.I.C. (prof.), £1 4s 3d; New Zealand Insurance, £3 6s 3d (late sale, Friday); National Timber, 9s 9d; Electrolytic Zinc (pref.), £3 Os 6d; Radio (1936) Limited, £1 5s 9d. Noon call; Bank of New Zealand (D long term), 30s; Union Steam, 26s 6d; Oamaru Woollen, 19s; Broken Hill, 84s 3d (three sales); Wilson’s Cement, 20s Id; Mount Lyell, 45s 6d. Overseas listings: Woolworths (holdings) Ltd., 17s 6d. _ Unofficial: New Zealand Perpetual Forests, 42s 6d. . Christchurch. —Broken Hill Proprietary, 84s 3d; Electrolytic Zinc (ord., cum div.). 60s; same (prof., cum div.), 60s 6d (2) ; G. J. Coles, 99s 3d; Tara*naki Oil Fields, 4s 9d, 4s lOd (2) ; Woolworths (South Africa), 17s 4d (2); Mount Lyell, 45s 3d (3); Mount Morgan, 12s Id (2>,