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FOREIGN EXCHANGES.

STERLING IMPROVEMENT. ADVANCE IN DOLLAR RATE. (Received September 30, 5.5 p.m.) British Wireless. RUGBY, Sept. 29. Sterling quotations continued to show improvement on most important .centres this morning. The rate for telegraphic tiansfers to New York rose to 3 dollars 91 cents. Following were yesterday's closing rates, compared with quotations 011 September 24 and par : —-

WHEAT IN ARGENTINA. THE EXPORTABLE SURPLUS. BUENOS AIRES, Sept. 29. Ar^onlilia's exportable surplus of wheat is officially estimated at 40,958,000 bushels. CANADIAN TARIFF. EXTENSION OF PREFERENCE. OTTAWA, Sept. 29. I lie advantages of the British preferential rates in the tariff have been e.xteiuled to Kenya Colony, Nigeria, New Guinea, Cyprus and the British spheres of the Cameroons and Togoland. NEW COMPANIES. REGISTRATIONS IN AUCKLAND. The following companies have been registered in Auckland : PUBLTC. The Coal Treatment Syndicate, Limited, j tc investigate and develop piocesses and methods for the treatment of slack coal, coke and peat, etc. Capital, £IOOO, in £1 shares. Subscribers: 11. D. Dansey, C. E. M. Hon. email, A. K. Turner and L. Wailc, 5 shares each; Mildred M. Thomson, A. C. Cocks and Gertrude K. Turner, I share each. PRIVATE. Mercantile Brokers, Limited, general agents, land brokers, etc. Capital, £IOOO. in £1 shares Subscribers: I), tie Motineev, 800 shares; P. A. Herman, 200 shares. Frayatone Theatres, Limited, picture treatre proprietors and directors, etc. Capital, £i/UU, in £1 shares. Subscribers: V. 11. Fray, 625 shares; A. T. Scott, 275 shares. A. Bowring and Company, limited, to take over the business of A. Bowring and Company, stationers, printers, lithographers, etc Capital, £651. in £1 shares. Subscribers: A. Bowring, 650 shares; N. 0. Bowring, 1 share. Roneo Office Equipment Company, Limited, dealers in all kinds of office or business appliances, etc. Capital, £SOO, in £1 shares. Subscribers: S. L. Weller, 250 shares; 11. F. Morris, 245 shares; R. G. Sellar, 5 shares. j DAVID JONES, LIMITED. • The directors of David Jones, Ltd., department store, Sydney, arc recommending to the annual meeting of the company next month a final dividend of 2 per cent., which, with the interim dividend, will make 4 per cent, for the year, compared with 7 per cent, for the previous year.

Sept. 20. Sept. SI. Tar. Montreal, dol. .. 4.30 •1. -2.1 •t.sr.fi Now York, dol. . 3.S9} • 4.8GG 1'iiria, fr. 07 "s; 124. 21 Brussels, bclga .. '.'7 i ' :i5.oo Ocneva. fr. l!»i 19} 05 oo Amsterdam, 11. .. !)•'. 9; 12J0 .Milan, lire 81 7."i! 92.46 Berlin, r.m. n>; 17' 20.43 Stockholm, kr. .. 171 1:» IS. 159 Oslo, kr. IS 17', 18.159 t'openhapen, kr. . 17'. I"! IS. 159 Vienna, soli. 29 1 • :;j 34.585 Prague, kr. i:;n ] (0 24.02 IlelsinjjfoiB, mailt ISfl 17.". 129.23 Madrid, pes. 421 •i.v. 25.225 Lisbon, escu. urj; l in 4 V Athens, dr. :ino .'1.171 375.00 Bucharest, lei. .. 7io 7 "23 25.225 Rio de Janeiro, mil 35 .'<! 5.899d Buenos Aires, dol. :il 32 47.57d Montevideo, dol. 2.'i! '22 47.57d Bombay, rupee . 17; — - ISd Shanghai, tae! .. IS 17', —. Hontrkontr, do!. . ! 1 i:il — Yokohama, yen . :;o -s; 21.5Sd

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19311001.2.15.3

Bibliographic details

New Zealand Herald, Volume LXVIII, Issue 20992, 1 October 1931, Page 7

Word Count
499

FOREIGN EXCHANGES. New Zealand Herald, Volume LXVIII, Issue 20992, 1 October 1931, Page 7

FOREIGN EXCHANGES. New Zealand Herald, Volume LXVIII, Issue 20992, 1 October 1931, Page 7

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