COMMERCE AND FINANCE

Otago Daily Times, Issue 22257, 9 May 1934, Page 12

COMMERCE AND FINANCE

PRICE OF BUTTER AUSTRALIAN FORWARD RATES. {Pek United Press Association.) WELLINGTON, May 8. The Australian forward butter. prices are fixed from May 8 to 11, inclusive, at 8.78 d and 8.53 d a lb. LONDON WOOL SALES (United Press Association.) (By Electric Tete2raph«"Ctoj>yrlsht.) LONDON', May- 7. At the -wool sales. 0086 bale* were offered, including 2302 from New Zealand, and about 2720 bales were sold. There were quiter conditions and numerous withdrawals on high limits* Those sold realised steady ratcß. New Zealand greasy merino, "Braitcott," top price 19d, average 18 Jd J scoured merinos, " Braemar," 33d and 32id: The Bradford market is a shade easier owing to the extension of the German embargo. AUSTRALIAN STOCKS IN NEW YORK (United Press AMOolattoa,).'. (By Electric Telegraph—Copyrlrtt) NEW YORK, May 7. Commonwealth fives, 1955 and 1957, are each quoted at £OS; 4J's, £93 10s; New South Wales—l9s7 £93, 1958 £93 106; Queensland—7's £ 104 55, 6'a £lO3. TRADERS' FINANCE CORPORATION ('Special to Daily Times.) • '..-,. AUCKLAND, May: 8. The Traders' Finance Corporation, Ltd. (Auckland) hat declared an interim dividend on the preference shares at the usual rate of 7 per cent, per annum, less the statutory reduction of 20 per cent., for the half-year ended March 31. No declaration hat been made On.the ordinary shares. The company's paid capital of £91,497 include* £34,077 in £1 presence shares.- ; LORNEVILLE STOCK SALE (Special to Dajl* Times.) INVERCARGILL, May 8. The yarding at the Lomeville stock sale to-day, with, the exception of fat cattle, was much smaller than the previous week. Fat cattle, showed no change on last week's prices, and the fat sheep sale was lifeless. '■?■■ Fat Sheep.—For fr serine; ewes-export buyers- operated at late rates, but heavy quality softs were difficult to dispose of. Prime .-heavy Wethers realised from 25s to 26s fld; prime handy-weights, 22s 6d to 23s 6d: with lighter and unfinished i down to 21s; good quality heavr-weight ewes, up to 16s 6d; medium.. 14s 9d to 15s; freezing ewes, to 14s 6d. Fat Lambs.—There was a rery small entry of,fat lamb*, which sold up' to schedule rates, the top price being ,20s for extra'prime-heavy-weights. Fat Cattle/—Prime heavy bullocks realised up: 'to/£8 ■ ss; good qualify-medium-weights, £6-to £6 10s: lights and out-of-condition sorts, £4 lOg to £5 ss; «xtra prime heavy heifefs.tip to £5 10s; good quality medium-weights, £3 log to £4 ss; light-weights, :down to £2 10s; prime heavy cows, lip'to £4 10s; medium, £3 to £3 15s; aged and Inferior, down to £1 10s. , .■■ \. '■'..- .■'■ ; RABBIT SKIN SALE The Dunedin Stocfc Agents and Woolbrokers' Association (Messrs 'Co.* Ltd/, Donald Reid and Co., Ltd., Stronach, Morris and Co.* Ltd:, New Zealand Loan and Mercantile Agency Company, Ltd., Wright, Stephenson and Co., Ltd., Otago Farmers' Co-operative Association* Ltd., and National Mortgage and Agency Company, Ltd.) reports as follows:—Mediurartized . catalogues »ere offered at yesterday's sale, including the first of the season's winter, bucks. liir. ferior grades up to early aututnns were slightly weaker, and showed a drop of Id to 2d per lb, but there was a! strong demand for all good grades of. later caught skins. Incoming winters showed a sharp advance on last sale's prices. The demand was particularly keen Jor bucks, and first winter bucks sold at over 60d per lb. There was a slightly better inquiry for doei. The following *is the range of prices:—-Summer broken. 9d to 9Jd; autumn broken, 14d to' 16d; second winter broken, 16d to I8£d; first winter broken. 19d to 20d; runners. BJd to 9*d; summers, 9d to 13Jd; small, 5 U to _6Jd: light racks, 12d to 13d; prime racks, 12Jd to 14jd; dawny autumn, 14jd to lojd; early autumns, l9sd to 22Jd; late autumn, 28d to 36|d; second incoming, 27d to 30d: incoming winter, 41 jd to 49d; early winter bucks, 54}d to 56Jd; early winter does, 28d to Slid"; second winter bucks, 50jd; second winter does, 26}d; first winter bucks, 61}d to «7d: outgoing, 20d to 24Jd; springs, 14}d to 17d; milky, 9Jd to 13d; fawn/6d to 8d; winter fawn, 20d; summer black, 6d to 8d; autumn black, 12d to 14d; bareskins, 4d; horsehair, 12d to 13d. RABBIT SKINS. INFORMATION FOR TRAPPERS, L. BEAUMONT, late Otago Farmers', •has entered into business of his own account as selling broker. Auction your skins ami obtain highest market prices. "Take advantage-of: (1) Long experience in grading, (2) prompt returns, (3) cash advances if required.' - Consign your Skins to L. BEAUMONT, Corner of Rattray and Tewsley street*, Dunedin. Labels and advice notes supplied.—Advt.

LOCAL AND OVERSEAS MARKETS.

THE SHARE MARKET , DUNEDIN STOCK EXCHANGE A sale of National Bank of New Zealands was reported on the Dunedin Stock Exchange yesterday at £4, further offers of 6d less failing to attract a seller. A late sale on Monday of Standard Insurances was reported at £3 Is 6d, the closing offer beliij} 6d below that figure. A parcel of Dominion Rubbers changed hands at £1 ss, further offers of £1 -4s Gd failing to meet with any response. Duulops were.offered at 195,, with no buyer forward. Business was reported in North Broken Hills at £4 14s. Up to 7s was offered for Timaru Breweries. A sale of .Bell-Kilgours was reported at SM, and that was tho figure asked at.the close of the market, when buyers were offering 3d. SALES REPORTED, £ s. d. National Bank of New. Zealand 4 0 0 Standard Insurance (late Monday) 3 16 Dominion Rubber........ 1 5 0 North Broken Hill ...... 414 0 Bell-Kilgour (late Monday) 0 0 5J SALE REPORTED AFTER LAST CALL. Nevis Diesel 0 0 5 The following are yesterday afternoon's buying and selling quotations, which are subject to the usual brokerage:— BANKING.

** Ex dividend. DIVIDENDS PAYABLE. The following is a list of stock on which dividends will shortly be payable:— Mosgiel Woollen, interim, 3s 22-5 d May 14 National Insurance, interim, 4d May 15 Broken Hill Proprietary, interim, Is May 16 Dalgety and Co., interim, 2J per cent May 17 X.Z. Paper Mills, final, 4 per cent. .. May 21 Bank of New South Wales, quarterly, li per cent May 30 National Bank of Australasia (£10). os .. " .. .. May 30 National Bank of Australasia' (£o), 2s 6d May 30 Bank of N.Z., final, 5 per cent. Jnc. l.i Brokea Hill South, —, la 6d Jne. 15

NORTHERN EXCHANGES

(Peb UHiTEO Peesb Association.) The following business was done bn 'Changes yesterday:— 1. Auckland.—Sales: Stock (1946), 4 per cent, f 103; 'Stock (1949), 4 per cent., £lO4 10s; Fanners’ Auctioneering (B pref), 20s (2 sales); Pukemiro Collieries, 24« 6d; Westport Cpal, 15s 3d; Auckland Gas. 25s 7d; ditto (cont.), 18s sd; Devonport Ferry, 21s Gd; New Zealand Breweries, 42a; New Zealand Drug, 74s 9d; Colonial Sugar,, £64 10s, £64 12s 6d; Farmers’ Fertiliser, 18s; King Solomon, 1 4s 6d; Mahakipawa, 9Jd (tw-o sales); Matoki, 1» SJd; Skippers (Is paid), Is OJd, Is. Unofficial: Sun Newspapers, 4s 2d. Wellington.—Sales; Inscribed Stock, 4 per cent. (1940), £lO4 17s 6d; Commercial Bank of Sydney, £lB (late sale Monday); Bank of New Zealand, 51s (two sales); Wellington Gas, 37s Gd; South British Insurance, 78s 3d; Westport Coal, 15 s 3d (late sale Monday); Toohey, 29s '9d: Waihi, 35« 3d' (two sales). Christchurch; —New Zealand Government 4 per cent. Inscribed (1955), £lO7, £IOG 15s; Commercial Bank of Australia, 16s lid; Goldsbrough, Mort, 33s 9d; New Zealand Refrigerating (10s paid), Ss Gd (Tour sales), 8s Gd, 8s 7d (two sales); Tooths Brewery, 44s 9d; Colonial Sugar, £64 10s; New Zealand Farmers’ Co-op. 4J per cent. Stock (1940), £7G 10s; BellHooper (Is paid), lOd (two sales); Brian Boru (Is paid). Is KUd (two sales); Deep Lead, Ltd. (Is paid), 2s; King Solomon, 4s Gd (two sales); Macrewhenua, lOJd; Mahakipawa, 9d (three sales); Nokomai. 2s; Okarito. 8s 5d (two sales); Rawang Tin, 9s 4d (five sales); Skippers, Ltd. (Is paid), lid (two sales), Is (throe Sales). Sales reported; Union Bank of Australia, £lO Is; Goldsbroiigh, Mort, S3s 8d; New Zealand Refrigerating (10s paid), 8s Gd (two sales), 8s 7d (two sales); Mahakipawa. BJd; Skippers, Ltd. (Is paid), Is. Unlisted: Mining Research, Is. SYDNEY STOCK EXCHANGE (United Press Association.) {By Electric Telegraph—Copyright.) SYDNEY, May 8. Stock Exchange Sales. —Bonds: 4 per cent., 1938, £lO6 2s Gd: 1941. £lO7 10s; 1944, £lO7 12s Gd; 1947, £lO7 12 s Gd. Tooths, 455; Anthony Hordern, 16s 3d; Associated News, 24s 9d; Australian Glass, 495; Broken Hill Proprietary, 48s; Henry Jones, 325; Lustre, 23g Gd; Morris, Hedetrom, 17a 3d. ADDITIONAL SALES. (United Press Association.) (By Electric Telegraph—Copyright.) SYDNEY, "May 8. (Received May 8, at 9 p.m.) ‘ The Stock Exchange was actiye, tending in sellers' favour. The announcement that the Federal Cabinet to-day would consider preliminary details for a forthcoming internal loan caused Commonwealth Bonds distinctly to firm, but there were no declared sellers. Mining shares were weaker, but the ordinary investment market waa unchanged. Additional sales were:— National Bank (£lO paid), £l3 10s; Queensland National Bank, £5 10s; New Zealand Insurance, 01s; Associated News, 255; Burns, Philp South Seas, 25g 9d; Australian Gas (A), £8 4s; Tooths, 44s 9d; Fairymead Sugar, 35 s 14d; General Industries, 11s lid; Lustre Hosiery, 23s 3d; Anthony Hordern, 16 s 3d; Henry Jones, 325; Goldsbrough, Mort, 345; Mount Morgan; 225; Broken Hill Proprietary, 47s 9d; South Broken Hill, 735; Bulolo Deposits, is lid; Rawang, 9s 4d; Larut, 15s 3d; Malim Naw r ar, 16s Jd; Placer Development, £22 13s; Bonds (fours) —1938 £lO6 Is 3d, 1941 £lO7 12s 6d, 1944 £lO7 12s Gd, 1947 £107,189 9d, 1950 £IOB 6s 3d, 1953 £IOB 18a 9d, 1955 £IOB 17s 6d, 1957 £lO9 2s 6d, 1959 £lO7 13s Od, 1961 £IOB 7s Gd. ' MELBOURNE. May 8. Commercial Bank of Australia, l7s 3d: Goldsbrough, Mort, 34s 3d; Herald and Times, 525; Electrolytic Zinc (pref.), 33s Od; 1 Australian Iron and Steel (pref.), 23a Id, ' , ■ PRICE OF FINE GOLD (United Press Association.) (By Electric Telegraph—Copyright) LONDON, May 7. Fine gold is quoted at £6 16a 2d per 02, : LONDON WHEAT MARKET (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, May 7. Wheat cargoes are firmer at 3d advance. Parcels are firm, Canadians being 3d dearer. Futures—London: June 17s 9Jd, September 18g 3d, December 18s 9d. Liverpool: May 4s 3Jd, July 4e sjd, October 4s 7id, December 4s B|d. BULOLO SHARES (United Press Association.) • . (By Electric Telegraph—Copyright.) LONDON. May 7. Bulolo shares are quoted at )26s 3d. NEW GUINEA GOLD SHARES (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, May 7. New Guinea Gold shares are quoted at 0a lid. __ LONDON METAL MARKET (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, M*y T. (Hecdied May 8, »t 9 p.m.)

MINING

OXENBRIDGE SHOTOVER GOLD, LIMITED Construction work of the Moke Creek dam has now reached an advanced stage and weather permitting another four weeks will see the dam completed. Mr R."S. Cree Brown, the company's engineer, who visited the claim last week, reports that the pipe lines from the dam, should be installed by the time the dam ig finished and, as the company's claim manager {Mr W. Smith) has the wins dam for commencing paddockitifj well in hand, no delay is anticipated in getting out the first paddock at the mouth of Moke Creek. This area is considered to be virgin ground. After completing the few chains, at the mouth of Moke Creek, work will proceed in the Shotover, and the wing dam in course of construction will serve for the first paddocks in the Shotovcr. Given a favourable river, the company expects to obtain returns by the end of June. BELL-KILGOUR COMPANY The secretary of the Bell-Kilgour Gold Mining Company, Ltd., has received a report from the manager, dated May 5, which reads as follows: — Main Pace No. 2 Cross Cut West.— Drove 13 feet; eight feet, fair fine gold; last five feet on a rising floor, values were low: started No. 3 at the end of main drive. Nortb.-et.st Block. —Clearing up round old workings for good gold. South-east block: Drove 12 feet six inches, parallel to boundary and connected with old block; fair fine gold showed through the wash; started a panel parallel to boundary. South-east No. 2.; —Drove south for 12 feet for varying values and connected with main drive. No. 3. —Drove 12 feet through loose ground; varying values, WORKSOP EXTENDED The Worksop Extended will commence operations in about two months' time. It is situated in Antonio's Valley, some 35 miles from Grcymouth, and opposite the Ilinau Railway Station. In the height of the dredging boom the old Worksop claim was taken up by James Hargreaves, and after a great deal of prospecting had been done/- John Hessey and he formed a company which successfully operated the old Worksop dredge. The dredge worked up the valley to a freehold belonging to Mrs Johnston, who refused to sell and the dredge had to cease operations. Some 200 acres of virgin land, including Mrs Johnston's property, have been acquired by the Worksop Extended Company, and a new dredge will start where the old dredge ceased • operations, and will work up the valley. DOLLAR AND FRANC (United Press Association.) (By Electric Telegraph—Copyright.) LONDON, May 7. Exchange on New York is quoted fit dollars to the £ and on Paris at 77 3-16 francs to the L FOREIGN EXCHANGES (British Official Wireless.) (United Press Association.) (By Electric Telegraphs-Copyright.)

IMPROVED CONDITIONS EXPERIENCE OP SELFRIDGE & CO. Mr H. Gordon Selfridge (chairman and managing director of Selfridge and Co.. Ltd., London) stated at the firm's annual meeting that the directors were able to address shareholders in a more cheerful state of mind than had been possible for several years, because there had come to nearly every one in business in England during the l&st half of 1933 evident demonstration of generally improved conditions. Aside from their own substantial increase in returns those conditions were showing themselves in various and many. directions, such as in the manufacturing districts in the Midlands and elsewhere, in the country's exports, in the Budget surplus, in the daily ami evident increase in numbefe of transactions, and in the annual reports which had already appeared of distributive business, both retail and wholesale. They had had three years of sagging business, but now things seemed, to be definitely better, and trade and commerce, through their own united efforts and without Government or other aid. were proving that the so-called capitalistic system, as the world had known it for hundreds of years, could and would rebuild the structure of business which the terrible war and great Governmental faults and errors had nearly destroyed.

VACUUM-TARANAKI OIL (

The Vacuum Oil Company has been granted an extension from August 31 next to December 31 of the time for notifying Taranaki (N.Z.) Oil Fields, N.L., whether or not it intends to drill on the properties of the Taranaki group on the east side of the North Island of New Zealand. . Following an agreement made last August the Vacuum Company's technical staff has been conducting a geological investigation of the properties. It has become evident that these officers, who have to return to America to consult their technical colleagues, will not be in a position to submit a final recommendation to their principals by August 31. If Vacuum drills it may retain its right only by continuing to drill or by maintaining payable production. BURNS, PHILP, AND CO. The gross profits of Burns, Philp, and Co., Ltd., Sydney, increased by £23,086 to £735,587 during the year ended March 31 last, but the net profit was £15,274 lower, at £203,257! The shrinkage m disclosed profits was due to larger provision for depreciation, bad debts, and losses. A dividend at the usual rate of 10 per cent, takes £150,000, whilst £25,000 will be placed to the reserve, rasing it to £975,000, and £25,000 earmarked as special depreciation on the companys copra plantations. A credit balance of £28,083 will be carried forward against £24.826 brought into the accounts. Before striking the year's -profit an addition or £10,731 was made to the insurance fund, raising .it to £516,410. . .... Furtlier improvement was gained in the Australian section of tho company's merchandise business, sales ngain showing an appreciable increase in volume. Earnings from shipping services also were maintained, in spite of the ever-increasing foreign competition. Trading in Papua and the Mandated Territory was seriously affected throughout the year by a steadily falling market for copra.

Buyer. Seller. £ evd. £ 8. d. Australasia .... i 12 10 0 New South Wales . —' ■' S3 12 6 New Zealand .. .. 2 no — New Zealand (tons ■ \ D) .. .. .. .. 1 IS 6 1 14 6 Commercial .... 0 16 9 — NationaLof N.Z. ,. 3 ID 6 _ — 10 3 0 INSURANCE. National........ 0 19 8 _ New Zealand .. .. 2 10 6 *T* S 1 0 — ■' SHIPPING. Huddart, Parker (pref.) .... .. U.S.S. Co. (pref.) 1 5 0 15 6 — COAL. Kaitangata** .. .. 1 0 0 1} 0 110 13 0 '. — Taupiri (pref.) .. 0 14 10 — LOAN AND AGENCY ', Dalgety and Co. .. Goldsbrough, Mort 10 2 0 1 14 0~ National Mortgage __ ';' ■ 3 4 0 National Mortgage (B issue) .. .. N.z. Guarantee Corp. 1 10 0 __ 0 4 0 — Wright,. Stephenson (pref.) .. .. .. 0 19' 0 — MEAT PRESERVING \i 1 7 9 1 9 3 N.Z. Refrigerating 0 18 0 _ ■ N.Z. Refrigerating 0 S « _ South Froz. Meat (paid) .. .. ». 3.S i * 6 0 South Froz. Meat (eont.) .. ..... 1 11 6 1 18 6 South Froz. Meat (pref.) .. .'. i: 3 8 6 . South Otago Freez. —r ' e 2 0 MISCELLANEOUS. Brown, Ewing ™_ ,■•'■, i i 0 Brown, Ewing (pref.) ... 10 0 — Crystal Ice .. v.- .. ■■;.. __ \ 2 0 0 D.I.C. (pref.) .. 1 2 0 — DominionFertiliger 0 17 7 0 17 10 Dominion Fertiliser ' -. ' ■ 102 o o — Dominion < Rubber 14 6 __ Dunedin-Kaikorai 1 14 0 _ Stock Exchange —. 2 8 0 Dunlop Perdriau■-,.' 0 10 0 Electrolytic Zinc , (ord.) 16 6 1 7 0 Kaiapoi Wlln (ord.) _. 0 10 0 Kaiapoi Woollen ■ — 0 10 0 Milburn Lime 111 9 _ Mosgiel Woollen .. 9 15 0 — M*Leod Bros. .. .. 28 0 0 Mount Lyell .. 1 3 3 13 8 N.Z. Drug Co. .. 3 14 6 3 15 6 Farmers' Fertiliser 0 16 6 __ N.Z. Paper Mills 1 11 0 Regent Theatre .. Wilsons Cement ..' 0 18 6 1 0 6 ~ 1 7 9 BREWERIES. N.Z. Breweries •.. 2 19 2 2 9 17 6 0 7 0 _ 14 3 — GAS. Christchurch .. 19 0 -r OIL. — 0 4 3 MINING. , ■' . Bell-Hooper' .. .. 0 D 10* Bell-Kilgour .. .. 0 0 5 0 0 5$ Bendigo Goldlight 0 0 6 0 0 n Brian Boru .. 0 1 11 0 2 0? Central Shotover. 0 0 10 Charleston ,.. 0 13 0 1 s Gillespie's Beach 0 110 0 2 0 Golden Point .... , 0 0 H Golden Progress .. —: 0 1 6 Goldfields Dredging _ 0 0 10 o i io 0 2 0 King Solomon .. .. 0 4 7Maerewhenua .. .. 0 0 7 Mahakipawa ., 0 0 8J Moonlight-Nelson 0 0 9 Nevis Diesel .... 0 0 41 0 0 H New Cornish Point (Is paid)-.. ..' .. : —. •0 1 i! .New Cornish Point — 0 0 u 0 1 11. 0 2 6 0 8 8 : Paddy's Point — 0 2 G Skipper's (paid) .. — 0 .1 0J Skippers (cont.) .. — 0 0 9j Waihi 1 13 0 1 16 0 Waihi Grand Jnctn. 0 4 6 0 4 7 0 4 9

GOVERNMENT LOANS. 3J p.c. Stock, 1933 1 - 1943 .... .. .. 103 0 0 — 3J p.c. Stock, 1939- . • 1043 .. ... .. ..103 0 0 — 3* p.c. Stock, 19411943 .... '.. .. 103 0 0 t — 3J p.c. Stock, 19381952 .... .. .. 103 10 0 — 34 p.c. Stock, 19391952 .... ...... 103 10 o . — 3§ p.e. Stock, 19411952 .... ..'..■ 103 10 0 — 4 p.c/ Bonds, , Jan, 15, 1940 .. ... .. 104 10 0 — 4 p.c. Stock, Jan. 15, 1940 .. .. .. 104 10 0 — 4' p.c. i Bonds, Feb. 15; 1'946 .. .. .. 104 0 0 — 4 p.c. Stock, Feb. 15, 1946 .. .. .. 104 0 0 — 4 p.c. Bonds. , April 15, 1949 .. .. .. 103 10 0 — 4 p.c. Stock, -April 15, 1949 .. .. .. 103 10 0 — 4 p.c. Bonds, June 15, ]955 .. .. .. 105 0 0 — 4 p.e; Stock, June . 15, 1955 .. .. .. 105 0 0

The following are the official metal Quotations Ton, Copper, spot £33 6 s Fall £0 1 6 Copper, forward .. S3 10 r% Fall 0 S 0 Electrolytic, spot .. 35 5 0 FaU 0 8 0 Electrolytic, forward 35 15 0 Fall 0 6 0 Wire bars .. .. So 15 0 FaU 0 S 0 I-ead, spot .. .. 11 2 0 Pall 0 I s Lead, forward .. 11 10 0 Fall 0 1 s Spelter, spot 11 13 0 FaU 0 X 3 Spelter, forward .. 15 0 0 Fall 0 1 S Tin, spot .. .. 333 10 0 nise 0 17 6 Tin, forward 232 8 0 Ulae 0 1 S Pig Iron, home trade 3 7 6 No chango Pig Ironi export 3 2 0 No chango Antimony, British 42 10 0 No change Antimony, foreign 20 10 0 No change Oz. Silrer, standard .. 10 1-lCd P.lsa 7-lOd Silver, fine .. .. £0 0-lCd Hi 39 **d Dnlt. Molybdenite .. .. 1 16 0 No change Wolfram .. .. 2 1 3 No change

RUGBY, May 7. ParisPar. May 5. May 7 Francs to £1 124,21 77 7-33 77 7-32 Brussels — Belgas to £1 SO 21.83 21.82 OsloKroner to £ 1 18.180 19.001 19.901 Stockholm—. Kroner to £ 1 18.1S0 10.40 19.40 Copenhagen— Kroner to £1 18.100 22.391 22.391 BerlinMarks' to £1 20.43 12.931 12.931 MontrealDollars to £1 4.88 23 5.10J 5.91 New York — Dollars to £1 4.86 23 5.11* 5.11% Yokohama— Pence to yen .. 24.582 141 141 HongkongPonce to dollar 24.58 162 19% Bombay— Pence to rupee — 18 3-32 18 3-32 Batavla— Florins to £ 1 18.10 7.50 T.50 MilanLire to £1 .. 82.46 59% 59 3-16 Amsterdam— Guilder to £1 12.107 7.52 7-.521 PragueKroner to £1 10-11 122% 122J Geneva- ; Francs to £ 1 25.221 15.721 15.721 Vienna — Schillings, to £1 84.863 28 28 Helstngfors—• Marks to £1 MadridPesetas to £1 193.23 S2CS 226J 25.22} 37 D-16 37 9-32 BelgradeDinars to £1 25.22 J 225 225 Athens— Drachma to £1 3TS 520 530 Lisbon— , Escudos to £1 110 110 110 Bucharest— Lei to £1 .. 931.C 510 510 Rio de JaneiroPence to mllrels 5.890 4i *i Buenos Aires — Pence to pesos 47.28 361 361 Shanghai— Pence to ' tael — 15 15* Montevideo— Pence to pesos — 381 38| Warsaw— Zlotys to £ 1 — — ■—