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MOUNT MORGAN

(United Press Association) WELLINGTON, October 16. The Stock Exchange has received cable advice of the Mount Morgan production report for the four weeks ended October 13:—Ore mined 53,598 tons, ore treated, sulphur 28,600 tons, oxidized 24,026 tons. The estimated production was: Gold 45030 z, copper 154 tons. FOREIGN EXCHANGES (British Official Wireless) (Received October 17, 6.30 p.m.) RUGBY, October 16. The following mean closing rates of foreign exchange were quoted today compared with par:— Par Today Paris, fr. to £ 124.21 147 11-32 New York, dol. to £ 4.886 4.96% Montreal, dol. to £ 4.886 4.95% Geneva, fr. to £ 25.221 21.56 Milan, lira to £ 20.43 94% Berlin, rmk. to £ 20.42 12.35 Copenhagen, kr. to £ 18.159 22.40 Oslo, fr. to £ 19.159 19.90 Vienna, schgs. to £ 34.585 26% Prague, kr. to £ 34.585 141 11-16 Helsingfors, m. to £ 103.23 226% Madrid, pesetas to £ 25.15 — Lisbon, escudos to £ 110 110 3-16 Athens, dr. to £ 875 547% Bucharest, lei to £ 318.6 672% Belgrade, dinars 275.31 216 Rio de Janeiro, p. to milrels 8.892 4% Buenos Aires, p. to dol. 45.577 — Montevideo, p. to dol. 57 39 13-16 Bombay, p. to rupee 10 18% TENDERS FOR TREASURY BILLS (British Official Wireless) (Received October 17, 6.30 p.m.) RUGBY, October 15. The total amount applied for in tenders for £50,000,000 in Treasury bills was £88,145,000. The average rate per cent, for the bills at three months is 10/9.30, against 10/9.43 a week ago. THE PRICE OF GOLD (Received October 17, 6.30 p.m.) LONDON, October 16. The price of gold is £7 0/4 an ounce. METAL MARKET (Received October 17, 6.30 p.m.) LONDON. October 15. Metals are quoted as follows:—

GOVERNMENT SECURITIES (Received October 15, 5.5 p.m.) LONDON, October 14. Following are the latest quotations for Government securities compared with the

Oct. 14 Oct. 15. £ s d £ s d CopperStandard, Spot 45 8 9 45 9 41'2 Forward 45 13 9 45 14 4>,i Electrolytic 51 10 0 50 10 0 to 52 10 0 52 10 0 Wire bars 52 10 0 52 10 0 Lead— Spot 18 0 7’,'z 18 0 71'2 Forward 18 1 10 li 18 3 Hi Spelter— Spot 17 18 l’/a 17 16 10>i Forward 18 3 Hi 17 16 ioy 2 TinSpot 226 12 6 222 12 6 Forward 225 7 6 221 17 6 SilverFine, per oz 19 1516d 20d Standard, per oz 21 lid 21 9-16d

prices ruling recently: Oct. 7 Oct. 14. £ s d £ s d British — Consols 75 0 0 75 0 0 Funding Loan, 4 per cent. 110 10 0 110 5 0 War Loan, 3 p.c. 101 10 0 101 10 0 Con. Loan, p.c. 100 10 0 100 10 0 Victory Bonds, 4 per cent. 109 0 0 109 5 0 Commonwealth — 3 p.c., 1945-75 108 0 0 107 17 6 3 p.c., 1955-58 102 7 6 102 7 6 4 p.c., 1943-48 101 1 3 101 3 9 3% p.c., 1945-53 91 17 6 92 10 0 3V 2 p.c., 1936-37 — — 314 p.c., 1958-60 89 2 6 89 15 0 New South Wales— 4P-C.» 1935-45 89 15 0 98 15 0 Victoria— 3 p.c., 1929-40 94 7 6 94 15 0 4% P-C., 1940-60 103 7 6 103 15 0 4 p.c., 1945-75 107 15 0 107 15 0 Queensland — 3 p.c., 1932-47 95 12 6 95 12 6 5 p.c., 1940-60 104 2 6 104 7 6 South Australia— 4 p.c., 1942-62 107 17 6 107 12 6 3 p.c., 1945-75 78 10 0 78 15 0 Western Australia— 4 p.c., 1942-64 101 10 0 101 10 0 Tasmania — 3’/ 2 p.c., 1929-40 101 15 0 102 7 6 4 p.c., 1940-50 102 5 0 102 7 6 New Zealand— 4 1 ,fc p.c., 1948-50 105 6 3 105 7 6 3’/ 2 p.c., 1940 102 7 6 102 7 6 4 p.c., 1945 97 10 0 97 13 9

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19371018.2.10

Bibliographic details

Southland Times, Issue 23333, 18 October 1937, Page 3

Word Count
646

MOUNT MORGAN Southland Times, Issue 23333, 18 October 1937, Page 3

MOUNT MORGAN Southland Times, Issue 23333, 18 October 1937, Page 3

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