STOCK EXCHANGE

Northern Advocate, 18 July 1933, Page 10

STOCK EXCHANGE

BUSINESS QUIETER, j (Special to “Northern Advocate.”) AUCKLAND, This Day. At the first call this morning the market tone was a little quieter anil only three sales were recorded. Bidding was steady, with late rallies generally sustained. In the banking section, New Zealands were in especial demand and buyers went to £2 9/ to secure requirements. This is the highest price realised for these shares since November, 1931. Pastoral scrip was in firm request, and buyers for Loan and Mercantile stock raised their offers to £4O. Buyers for ' Farmers’ Trading advanced to 3/3 for the ordinary shares and to 10/6 for the A preferences. There was rather more inquiry for Government stocks and buyers offered £IOO 10/ for the 1946 and 1949 issues. A parcel of 1955’s was available at £99,15A

FOREIGN EXCHANGES. (British Official Wireless.) RUGBY, July 15. The following rates on foreign exchanges are current, compared with cabled quotations on July 14 and par: . July 15. July 14. Par. New York, dol. 4.773 4.78 4.806 Paris, franc 85 1.1-32 85 7-8 124.21 Berlin, r.m. 13.975 13.975 20.43 Bombay, rupee 18 3-32 18 5-64 ISd Shanghai, dol. 15.50 15 9-16 Hongkong, dol, 17 9-32 17 3-8 —• Yokohama, yen 15 15, 24.55 d CUSTOMS EXCHANGE RATES. Rates of exchange ruling at the an.ngunced date of departure.of the vessels named are given in the following table. They are subject to confirmaytion by the Customs Department when the exact time of departure is learned bn arrival of the vessels in New Zealand: — Canadian Constructor, Canada, dollar 1 4,51 Ashburton, America, dol 3.8811 Golden Coast, America, dol. .. 4.31 Brisbane Maru, Japan, yen ... 151-32 Waikawa, America, dol. 4.791 Piako, America, dol 4.38