COMMERCE AND FINANCE

Otago Daily Times, Issue 21986, 22 June 1933, Page 12

COMMERCE AND FINANCE

THE SHARE' MARKET DUNEDIN STOCK EXCHANGE Business was reported in Commercial Banks on the Dunedin Stock Exchange yesterday, two parcels chancing hands at I6s fid. These shares were later on offer at 16a 6d, with no buyer forward. National Bank of New Zea ands were wanted at £3 16s, sellers asking Is 6d more. After last call, a sale was reported at £3 17s 3d. Two parcels of paidup New Zealand Refrigeratmgs changed hands at 14s lid, and the shares are now available at 2d more. The contributing issue was dealt,in at Os Id, further offers of 6s failing to attract a. seller. Business was reported in Okaritos at 10s, and further business took place at 9s lid. ine latter figure was aellerslquotation at me close of the market when buyers were offering 9s 10d. Mount Lyells were turned over at £1 2s fid, and Blackwater were sold at £1 3s 9d. The former shares were wanted at fl 2s 4d at the close of the market, sellers asking 2d more. SALES ON ’CHANGE.

DIVIDENDS PAYABLE. The following is a list of shares on which dividends will shortly be payable: Australian Glass, Is 2 2-fid, final June 22 Broken Hill South, Is June 23 Bank of N.Z., Is, final June 24 North Broken Hill, Is .... .. June 29 Goldsbrough, Mort, 6d. final .. June 29 British Tobacco, 3 3-Sd, interim June 30 Blaokwater, Is 6d, final June 30 Consol, Goldfields. od, interim June 30 N.Z. Breweries. 8 2-sd, final July National Mortgage (£2 paid), Is, interim '•W 1 National Mortgage (£1 paid), fid, interim .. Jw 1 N.Z. and River Plate, 7 l-5d interim W 1

LOCAL AND OVERSEAS MARKETS.

NORTHERN EXCHANGES (Per United Press Association.) The following business waa done on ’Changes yesterday:— Auckland. —Sales: Stock (1938-43), SJ per cent., £99 15s; do (1938-52), oj per cent., £99 15s; do (1946), 4 per cent., £IOO ss; do (1949), 4 per cent., £IOO ss; do (1955), 4 per cent., £IOO ss; Commercial Bank of Australia, 16s 3d; E. S. and A. Bank, £5; Bank of New South Wales, £32 Is 3d, £32; Bank of New Zealand, 47s 9d; Union Bank, £8 11s fid; National Insurance, 17s; New Zealand Insurance, 50s, 49s 9d (two parcels); Queensland, 52s 6d, 52s 9d; South British, 68s 3d (two parcels); Goldsbrough, Mort, 26s 7d; Loan and Mercantile, £3B; Auckland Gas, 23s 4d: Devonport Steam, 20s; Kauri Timber, 13s 2d, 13s; British Tobacco, 355: Colonial Sugar, £56 10s; New Zealand Refrigerating (cont.), Gs Id; Wilsons Cement, 32s 3d (two parcels); Woolworths (N.Z.), pref., 37s 3d; Alexander, 13s 6d (paid), 10s Id; Waihi, 22s (two parcels); Mount Lyell, 22s 4d. Unofficial list: Bell Hooper. Is 2d. Wellington.—Sales: Inscribed Stock, 4 per cent. (1949), £IOO 10s: 1955, £IOO 10s (two parcels), £IOO ss; Bank of New Zealand (cum div.), 47s 6d; Long term, 31s; Goldsbrough, Mort (cum div.) , 20s 6d; New Zealand Insurance, 50s (two parcels); Queensland Insurance, 52s 6d; Kauri Timber. 13s 2d (two parcels); British Tobacco (cum), 355; Mount Lyell, 22s 4Jd (three parcels), 22s 7d. Christchurch. —Sales: 4 per cent. Inscribed (1940), £IOO 15s (two parcels); Commercial Bank of Australia, 16s 4d (three parcels), 16s 5d (two parcels), 16s 6d; Bank of New South Wales, £3l 17s 6d; Bank of Now Zealand (cum div.), 47s 8d; Union Bank of Australia, £8 Us (five parcels); New Zealand Refrigerating (10s paid), 6s Id. 6s (two parcels); New Zealand Breweries (cum div.), 33s lid; Bcath and Co. (Is paid). ss; British Tobacco (cum div.), 34s 9d (two parcels); Electrolytic Zinc (pref.), 31s 3d; Mount Lyell, 22s 4d (two parcels), 22s 5d (four parcels); Alexander (13s 6d paid), lls 3d (two parcels), 11s od, 12s; Blackwatcr (cum div.), 23s 6d; Gillespie’s Beach (9d paid). Is 65c1; Golden Sands, 3s Id; Lawson’s Flat (Is paid), Is 7d (three parcels); Nokomai, 4s (two parcels); Waihi, 21s 9d. Sales reported; E. S. and A. Bank, £5 0s 6d; National Bank of Australasia (£lO paid), £l2 17s 6d; Goldsbrough, Mort (cum div.), 26s8d; British Tobacco, 35s (three parcels); New Zealand Drugs, 63s 6d. Unlisted: Bell Hooper Is, IIAd; Snowy River, 3s 9d. ____________ MINING GREAT BOULDER MINE. Buying May the Great Boulder Proprietary, Ltd. (Western Australia), treated 6884 tons of ore, 3000 tons of tributers’ ore, and 1163 tons of old tailings—a total of 11,047 tons —for 5361 fine ounces of gold, worth £22,807 at standard value. The expenditure on the mine working account, including the purchase of tributers’ ore, was £22,811. The expenditure on machinery and plant was £l6O and on special > mine development £4431. After adding the estimated premium, exchange rate; and profit on the sale of gold, and allowing for payment to tributers, the estimated profit on the mine working account was £12,793. MAHAKIPAWA GOLDFIELDS. The report of the manager of the Mahakipawa mine for the month ended June 15, 1933, is as follows; North Drive.—At the north face No. 2 west crosscut was started and advanced 18 feet in fine brown wash with a defined gutter bn the north side of the gutter. No gold values were seen with prospects after advancing six feet west of the north drive. At 304 feet north of the shaft crosscut we noticed a gutter leading from the east side of the drive and started an east crosscut here to follow this gutter. We found the east siding at 12 feet and are now blocking off a strip south from this point where we find the north drive had missed taking all the gutter in. '■ _ „ ' No. 11 East Crosscut.—No. 2 south drive was advanced three feet, still in poor grade wash. We thus to run a second strip south of No. 11 cast crosscut at a point 12 feet further east. This has followed a wall in the east side, and is now out 36 feet south of the east crosscut. The wash is a favourable blue, very stony, and we have had good grade values, some distance above the floor. The bottom is dipping to the south, but we can follow it easily and have obtained nice coarse gold at the bottom of the gutter. Possibly the wall mentioned has formed a block for the current and the gold is deposited in the gutter directly alongside only. I might say the large stones Lave 'been laid with thgir lowest end dipping in the south direction we are following, iso am of the opinion we are on the right 'direction to follow the continuation of the Clean Up.—June 3,12 oz 15dwt alluvial gold; June 11, 13oz XOdwt alluvial gold; June 18, 30oz. , NEW BENDIGO GOLD MINING COMPANY. The statutory meeting of the New Bendigo Gold Mining Company was held on Tuesday Mr F,. W. Mitchell presiding over a good attendance. The provisional directors reported thatall the plant was now at the mine.and the work of driving the tunnel to connect with the old main shaft would be commenced immediately. The following were elected directors of the company:—Messrs A. H. Allen, W. A. Bodkin, M.P., F. W. Mitchell, James Park, and Charles Todd. Messrs James Brown and Co. were elected auditors. On the motion of Mr Harman Reeves, a vote of thanks to the provisional directors for the excellent progress they had made in forwarding the company’s project was carried. LONDON FRUIT MARKET The Otago Provincial Fruitgrowers’ Council, Ltd., advise that the High Commissioner’s cabled report for the week ended June 17 on the London fruit market is as follows: Apples.—Mahana, Port Fremantle, and Otaio discharging fruit in good condition. The market is weaker. Sales for the week include 30,000 cases of Stumers, principally large sixes, to the Continent, which sold at Gs 0d to 10s 6d. Prices for other varieties, of which there were limited sales, ex various ships, were: — Granny Smith. 13s; Statesman, 9s 9d to 10s 3d; Jonathan, Delicious, Dunn’s, and Rome Beauty, 9s 6d. Pears: Winter Cole, 9s 6d; P. Barry, 9s; Winter Nelis, 8s; Keiffcr, 6s; Winter Nelis (threequarter cases), 6s 9d. Messrs Fraser and Co., selling agents for Otago and Oamaru Egg Circles, report as under:—Eggs: Poultry farm eggs, market rates; others Is 3d; preserved eggs Is 2d. Butter: Separator pats 6d to 7d per lb, bulk 7Jd per lb. Tallow 8s to 9s per cwt. Pigs: Good bacon-weights 4Jd per lb, over-weights 2d to 3d; porkers t 6 41d per lb. Potatoes £4 10s per ton, ex store. Chaff £3 15s to £4 10s per ton, sacks extra. Whole fowl wheat 4s to 4s 3d per bushel, Bulk Honey 3Jd to 4d per lb, 101 b tins -3s 3d to 3s 6d. Beeswax Is. Poultry; White Leghorn hens 3s to 3s 9d, heavy breeds 4s to 6s, cockerels 5s to 9s, roosters 2s to 3s, ducks 3s to 4s, ducklings 4s to 6s, all per pair. Turkey gobblers 8d to 9d per lb, live weight; hens 7d to 8d per lb. . We stock “Palmer’s" Chick Food, “National” Meat Meal, leg rings Is per dozen (special quotes for quantities). We are agents for “ Champion ” egg crates, “ Isco" Cod Liver Oil for poultry, prices on,application. Consignors please note that all pigs and poultry must arrive not later than Wednesday morning of each week. We have a stock of poultry crates on hand for the use of our clients.

FOREIGN EXCHANGES

(British Ofllolal Wireless.) (United Press Association.) (By Electric Telegraph—Copyright.)

AUSTRALIAN STOCK EXCHANGES (United Press Association.) (By Electric Telegraph—Copyright.) SYDNEY. June 21. (Received June 21, at 8.45 p.m.) On the Stock Exchange the market was steady with a finning tendency and a heavy turnover. Commonwealth Bonds were freely sought at advanced rates. Sales. —Bank of New South Wales, £3l 17s fid; Commercial Bank of Sydney, £l7 2s 6d; National Bank (£lO paid), £l3; Colonial Sugar, £57; Mercantile Mutual Insurance, 19s; Australian Gas (A and B), £7 4s; Associated News, 9s; Associated News (pref.), 19s; Adelaide Steam, 225; Dunlop Perdriau, 18s 9d; Goldsbrough, Mort, 27s 3d; Berlei (cont.), 13s 6d; Berlei (paid), 275; Morris Hedstrom, 17s 3d; Millaquin Sugar, 27s 9d; Electrolytic Zinc, 20s 9d; Electrolytic Zinc (pref.). 31s lOjd; Henry Jones, 38a; Tooths, 37s lOJd; Standard Cement, 13g 9d; Mount Lyell, 22s 9d; South Broken Hill, 58s; North Broken Hill, 84s 3d. SYDNEY, June 21. Morning Sales.—4 per cent. Bonds; 1938, £lO2 2s fid; 1941. £lO2 12s fid; 1955, £lO2, 17s fid; 1961, £lO3 18s 9d. Associated News, 9s; Associated News (nref.), 19s: Goldsbrough. Mort, 27s 3d; Morris, Hedstrom, 17s 3d; Tooheys, 23s 9d; Tooths, 37s 104’d. MELBOURNE, June 21. (Received June 21. at 8.45 p.m.) Sales.—Electrolytic Zinc. 20s 9d; Dunlop Perdriau. 19s; Goldsbrough, Mort, 27s 3d; Commercial Bank of Australia. 16s lid: South Broken Hill, 58s; Mount Lyell, 22a IOJd. NATIONAL BANK OF NEW ZEALAND FINAL DIVIDEND RECOMMENDED. (Peb United Press Association.) WELLINGTON. June 21. , The general manager of the National Bank of New Zealand has received a cable from London stating that the board of directors has recommended a final dividend at the rate of 4 per cent, per annum for the half-year ended March 31, making 4 per cent, for the year, free of tax. DAIRY PRODUCE The Otago Farmers’ Co-operative Association of New Zealand, Ltd., is in receipt of the following cablegram from London, dated June 20: — Butter, 79s to 80s. Cheese: Coloured, 525; white, 47s to 47a fid. Both markets quiet. The South Island Dairy Association, Ltd., has received the following market report from London:— Butter.—Quiet; 78s to-80s; Danish, 92s to 945. Cheese. —Quiet. White, 47s to 48s; coloured, 62s to 635. Messrs H. L. Tapley and Co., Ltd., have received the following cabled market report from London: — Butter, 80s per cwt. Market stagnant.. , Cheese.—'White, 47s to 48s per cwt.; coloured, 53s per cwt.

ADDINGTON STOCK SALE (Per United Press Association.) CHRISTCHURCH, June 21. The main sections of the Addington market to-day maintained the satisfactory basis reached at the earlier sales this month, in some cases further advances being recorded. In an excited market for fat lambs values advanced up to 2s 6d per head, reaching the highest level of the season.

Store Sheep.—There was a smaller entry and a good sale. Adult ewes in fair or good condition advanced by Is per head. Values were:—Ordinary ewe lambs, to 7s 10d; goou wethers, 7s 6d to 9s 10d; ordinary, to 7s; good two and four-tooth Corriedale ewes, to 16s 3d; medium^ twotooth crossbred, I3s 9d to 14s 3d; ordinary two-tooth three-quarter-bred, to Us 6d; good sound-mouth balfbred, to 8s 6d; aged and failing-mouth, 2s 4d to 4s; good halfbred wethers, to 13s 9d; ordinary, 8s 9d to 10a.

Pat Lambs. —The entry of 1450 head met with a general advance of up to 2s 6d per head. Exporters operated keenly. Values were:—Extra prime heavy lambs, to 24s 10d; prime, 18s to 21s; mediumweight, 14s 6d to 17s 6d; light, 10s to I4s.

Fat Sheep.—The entry of 6000 met with a keen sale. Ewes maintained late rates, while wethers advanced by Is 6d per head. There was a buoyant demand, despite the heaviest entry for a long period. Values were:—Extra prime heavy wethers to 27s Id; prime, 20s to 22s 0d; mediumweight, 17s 6fi to 19s 6d; ordinary, 14s 6d to 17s; light, 11s 6d to 14s; extra prime heavy ewes, to 20s 7d; prime heavy, 16s 6d to I8s; medium-weight, 13s 3d to 16s; ordinary, 10s to 13s; light, 6s to 9s fid.

Fat Cattle.—There was an entry of 409 head, with consignments from the VVest Coast, Otago, and Southland. The demand was erratic, but on the average late rates were maintained, especially for good beef, which brought to 24s per 1001 b; good prime beef, 16s to 20s; heavy-weight and medium beef, 12s to 16s; good cow and heifer beef, 13s to 17s; secondary, 8s to 11s; and rough down to 6s. Values were: Extra prime heavy steers, to £ll 2s 6d; prime, £7 10g to £9; prime medium weight, £6 to £8; ordinary, £3 10s to £5 10a; light. £1 7s 6d to £3; extra prime heifers, to £8 17s 6d; prime, £4 10s to £6 10s; medium, £2 10s to £4; light, £1 7s 6d to £2 10s; extra prime cows, to £7 17s 6d; prime, £3 15s to £5 10s; medium, £2 to £3 ss; light, £1 to £2. Fat Pigs.—There was a medium entry. Exporters operated in both sections. Values were: Choppers, 21s to £3 3s 6d; baconera, 33s 6d to 38s 6d; heavy, 45s 6d to 52s fid; extra heavy, to £3 3s; average price per lb, 3|d to 4d; porkers, 18s to 245; heavy, 26s 6d to 31s; average price per lb, 3,?d to 43d. ( " THE WESTFIELD SALE FURTHER APPRECIATION IN VALUES. ( Special to Daily Times.) AUCKLAND, June 21. Favourable conditions have been maintained in the markets for fat sheep and lambs, and there was a further rise in prices at Westfield to-day. In spite of heavy yardings, a ready disposal was effected under keen competition. Average prices for both sheep and lambs improved by about Is a head. Prime wethers sold up to 20s, with an outside price of 21s 6a, compared .with the top price of 19s 9d at the last sale. Prices up to 15s 9d were paid for prime ewes, compared with the best price of 14s 9d last week. In lambs some lines of, extra heavy prime were sold at 20s Cd, Is 6d higher than the best previous price. As far as the sheep market was concerned, operations were confined to local buyers, as exporters are not showing any interest at prevailing rates. It is estimated that about 3500 sheep were penned, the usual yarding being about 2500 head. There is a shortage of fat sheep in the Auckland province, and butchers are eager to take what is_ offering. Exporters revealed very elastic limits in their operations in the lamb market. There was a full yarding, and it is estimated that they took upwards of 1000 head of lambs, practically the whole of the offering. The soundness of the London market has prompted overseas buyers t<>. operate freely, and buying “on the leg ” has been adopted generally. Apart from the firming in the “fats” market, recent country sales have indicated a sympathetic forward movement in store shqsp generally. There is a movement of East Coast stores to the Waikato at the present time, but the Hawke’s Bay market has been firm, and the Auckland province has been thrown back on local supplies. A feature of the store market is the strong demand for breeding ewes. These have advanced in price to a greater degree than fat sheep. The promise of a better season -next year for sheep farmers has influenced many graziers in enlarging their flocks, while now buyers are entering the market. This is considered a very promising sign, and it is believed that the past swing to dairying may be reversed in the near future. LONDON METAL MARKET (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, June 20. (Eecelred June 21, at 8.45 p.m.) The following aro the official quotations:— Ton.

PRICE OF FINE GOLD (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, June 20. Fine gold is quoted at £6 2s Id per ounce. LONDON STOCK EXCHANGE (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, June 20. Bank of Australasia, £9; Bank of New South Wales, £24 10s; Union Bank of Australia, £6 10s; National Bank of New Zealand, 63s 9d; Bank of New Zealand 4 per cent, debentures, £99; Bank of New Zealand shares, 445; Loan and Mercantile 4 per cent. Debentures, £72 15s; Loan and Mercantile ordinary stock, £25. DAIRY PRODUCTION RECORD YIELD IN WAIKATO. (Peb United Pbes» Association.) HAMILTON. June 21. Dairy produce amounting to 56,434 tons was manufactured by the New Zealand Co-operative Dairy Company during the season just ended, nn increase on last season of 8961 tons. The year’s production exceeds that of all the Taranaki province by 30,524 tons and the Wellington province by 34,350 tons. The 19321933 season, except for a dry midsummer period, was extremely favourable, with the result that record figures were achieved. At the National Dairy Conference today a remit supporting Mr A. J. Sinclair’s scheme for the stabilisation of the local market was unanimously carried. PROPERTY SALE Messrs John Reid and Sons, Ltd., at their rooms yesterday, submitted to auction part section 59, block XXIII, town of Dunedin, and cottage thereon, Short street. There was a good attendance present and bidding went to £285, at which figure Abe property was passed in; but a sale was effected by the auctioneers immediately afterwards at a satisfactory price. ■

£ e. a. N.Z. Refrig, (cent), three 0 1 6 1 2 0 11 0 10 0 SALES REPORTED. Commercial Bank, two ., 0 15 5 N.Z. Refris. (paid) , two 0 14 11 N.Z. Refrig, (cont.), two 0 6 1 U i U 1 3 9 . UNLISTED STOCK. Phcenix Confectionery .. 0 12 0 SALE REPORTED AFTER LAST CALL. National Bank of N.Z, .. 3 17 3 The following are yesterday afternoon’s buvine and selling quotations, winch are subject to the usual brokerage:BANKING. Buyer. Seller. ■ £ s. d. i 8. cl. New South Wales 31 5 0 — Now Zealand .. .. 2 7 0 — 6 Commercial .. . • 0 10 National of N.Z, .. 3 10 0 3 17 6 INSURANCE National — 0 17 0 Standard 2 12 0 SHIPPING. Huddart, Parker 1 2 (pref.) ..... .. 3 — U.S.S. Co. (pref.) 1 2 3 — COAL. Kaitangata .. •• 1 0 3 1 0 9 Westport ' 0 12 0 — LOAN AND AGENCY. Dalgety and Co. .. — 9 12 6 Goldsbrough, Mort 1 6 0 1 0 National Mortgage 1 10 0 National Mortgage 0 5 (B issue) .. .. 1 1 1 0 Perpetual Trustees Trustees, Executors 2 9 6 — 2 11 8 — Wright, Stephenson 0 10 (ord.) 0 — Wright, Stephenson 0 11 9 (pref.) .. MEAT PRESERVING. N.Z. Refrigerating (paid) .. .... —T U 19 1 N.Z. Refrigerating (cont.) 0 6 0 — MISCELLANEOUS. 0 Australian Glass — 2 9 British Tobacco ,. 1 14 0 1 15 2 Broken Hill South , 2 16 6 Bruce Woollen 0 (ord.) — 0 0 0 10 Crystal Ice .. ... D.I.C. (ord.) .. .. ,1 5 0 10 I 11 0 Dominion Fertiliser 0 12 0 Dominion Fertiliser (debs) 100 0 0 — Stock Exchange 1 19 Propy .. •• •• 0 ‘Dunlop Perd. Rubher 0 18 3 0 19 0 | Electrolytic Zinc '■Y (pref.) 1 11 0 — Electrolytic Zinc 0 19 8 0 1 :-2‘. Kaiapoi Woollen 0 6 1 8 6 7Mifburu Lime .. 1 ~9 3 Moseiel Woollen .. 8 1 6 — C Mount Lyell .. .. 1 2 4 1 2 N.Z. Drug Co. .. 3 3 3 3 4 0 N.Z. Paper Mills , . 9 1 7 0 Smith and Smith 0 10 * Wool worths (pref.) 1 15 0 — N.Z, Newspaper .. 1 5 3 1 8 0 BREWERIES. NJZ. Breweries .. 1 13 0 — Staples .. .. ... 1 6 6 t MINING. Kawarau 0 0 5 0 0 7 Waihi Grand Jctn 0 3 1 0 — Kildare 0 2 1 2 5 Okarito .. .. .. 0 9 10 0 9 11 Golden Progress .. — 11 • 0 I 9 1 King Solomon 0 1 0 2 Alexander .. .. 0 10 6 012 0 Gillespie’s Beach — 0 1 n Waitahu ... .. ... -— 0 7 3 Big River .... 0 1 5i Mount David — 0 2 0 Nokomai .. . ■ ■ ■ 0 3 10 0 4 3 Central Shotover 0 1 0 0 1 1 Lawson’s Flat — 0 1 8 GOVERNMENT LOANS. 31 p.c. Ins., 1938100 0 0 1043 —- 3J p.c. Ins., 1938100 0 1952 .. 0 — 31 p.c. Ins., 1939100 0 0 1943 .. .. v •• — 34 p.c. Ins., 1939-, 100 0 1952 § 3J p.c. Ins., 1941100 0 *1943 0 — 3J p.c. Ins., 1941100 0 1952 0 — 4 p.c. Bonds, Jan., 10010 1040 0 —— 4 p.c. Ins., Jan., 1940 XOP 15 0 4 p.c. Ins.. Feb., 1940 — 100 15 0 4 p.c. Ins., April, 1949 — 100 10 0 4 p.c. Ins., June, f . 1955 — 100 10 0

Paris— Par. RUGBY. June 80. Juno 19. June 20. Francs to £1. . 124.21 87% 86% Brussels — Bolgasto £1 .. 35 24.24} 24.32 Oslo— Kroner to £1.. 18.189 19.80 19.80 Stockholm— Kroner to £1 ... 18.150 19.45 19.43} Copenhagen— Kroner to £1 .. 18.150 22.42} 22.42} Berlin— .Marks to £1 .. 20.43 14.28 14.80} Montreal— Dollars to £1 .. 4.86 2-3 4.61} 4.03} New York— Dollars to £1 .. 4.80 2-S 4.04} 4.19 Yokohama— Pence to yen 24.582 15 15 8-32 Hongkong— Pence to dollar* 24.53 16% 16 1-16 Bombay— Pence to rupee „ 18 S-64 18 5-84 Batavia— Florins to £1 12.10 _ Milan— Lire to £1 .. 82.46 64 18-16 64% Amsterdam — Guilder to £1 12.107 8.44 8.46 Prague— Kroner to £1 .. 1044 ms 126} Genova — Francs to £1 .. S5.22| 17.56} 17.61 Vienna— Schillings to £1 84.86} 31 81} Helsingfors— Marks to £ 1 .. 193.23 226} — Madrid— Pesetas to £1 25.23} 89% 40 3-82 Belgrade— ' Dinars to £1 .. 25.22} 250 250 Athens— Drachma to £1 875 590 590 Lisbon —■ Escudos to £1 110 110 no Bucharest— Le! to £1 .. 931.5 5T0 5T0 Elo de Janeiro — Pence to mtlrels 5.890 4} 4} Buenos Aires— Pence to pesos 4T.28 419 4U Shanghai— Pence to tael .. _ !5J 15% Montevideo— Pence to pesos 84 34 Warsaw — Zlotys to £1 .. —

Copper, root .. .. £37 4 414 Else £1 14 414 Copper, forward .. 37 8 9 Elsa 1 13 8 electrolytic, tpot .. 40 10 0 Elsa X 0 0 Electrolytic, forward 41 10 0 Else 1 0 0 Wire bars .. 41 10 0 Else 1 0 0 Uad. spot .. .. IS S 0 Else 0 8 8 Lead, forward .. ,, 13 11 3 Else 0 S 9 Spelter, spot .. .. 17 2 6 Elsa 0 18 6 Spelter, forward .. • • 16 12 8 Else 0 8 9 Tin. npot 225 2 6 Elea 8 0 0 Tin. forward .. .. 224 7 Oa. 6 Else 8 S 0 SUrer, standard .. .19 8-16d No changeSllrer, fine .. .. 20 ll-10d No change