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COMPANY NEWS

UNION BANK OF AUSTRALIA LONDON, January 11. The Union Bank of Australia’s final dividend is 4/-, making the year’s Jotal 7 per cent, and also a proprietors’ bonus of 2 per cent, from the centenary fund. MINING RETURNS MOSSY CREEK (United Press Association) GREYMOUTH, January 13. The Mossy Creek dredge return was 50oz lOdwt for 15,507 yards in 204 hours. THE PRICE OF GOLD LONDON, January 12. The price of gold is £6 13/7 an ounce. FOREIGN EXCHANGES (British Official Wireless) (Received January 13, 6.30 p.m.) RUGBY, January 12. The following mean closing rates of foreign exchange were quoted today compared with par:— Par Today Paris, fr. to £ 124.21 147.37-64 New York, dol. to £ 4.886 4.99 13-16 Montreal, dol. to £ 4.886 4.99 15-16 Milan, lira to £ 20.43 95 1-16 Copenhagen, kr. to £ 18.159 22.40 Oslo, fr. to £ 19.159 19.90 Vienna, schgs. to £ 34.585 261 i Berlin, rmk. to £ 20.42 12.40)4 Prague, kr. to £ 34.585 142% Helsingfors, m. to £ 103.23 226)4 Madrid, pesetas to £ 25.15 — Lisbon, escudos to £ 110 110% Athens, dr. to £ 875 547)4 Bucharest, lei to £ 318.6 672)4 Belgrade, dinars 275.3.' 216 Rio de Janeiro, p. to milrels 8.892 2 21-32 Buenos Aires, p. to dol. 45.577 — Montevideo, p. to dol. 57 26 Bombay, p. to rupee 10 18)4

NEW ZEALAND CURRENCY BASIS The Bank of New South Wales, Dunedin, announces the following rates of foreign exchange on a New Zealand currency basis: on Buying Selling

London — 124/10/£N.Z. to SstglOO T.T. 124 O.D. 123/10/- 124/8/9 Australia — 100/10/£A to £100 N.Z. T.T. 101 O.D. 101 100/10/Fiji— £F to £100 N.Z. T.T. 90/7/6 89 O.D. 90/7/6 89 New York— Dollars to £1 N.Z. T.T. 4.0417 4.0070 O.D. 4.0517 4.0110 Montreal — 4.0089 Dollars to £1 N.Z. T.T. 4.0414 O.D. 4.0534 4.0129 Austria— Schillings to £1 20.95 N.Z. T.T. O.D. — 20.96 Belgium— 23.904 23.594 Belgas to £1 N.Z. T.T. O.D. 23.979 23.605 Czechoslovakia — 113.34 Crowns to £1 N.Z. T.T. —— O.D. ■— 113.39 Denmark — 18.203 17.893 Kroner to £1 N.Z. T.T. O.D. 18.263 17.899 France— Francs to £1 N.Z. T.T. 120.03 117.53 O.D. —- 117.57 Germany— Reichmarks to £1 N.Z. T.T. MM> 9.892 O.D. — 9.897 Holland— Florins to £1 N.Z. T.T. 7.315 7.165 O.D. 7.355 7.169 Italy— 76.16 Lire to £1 N.Z. T.T. — O.D. — 76.21 Java— Florins to £1 N.Z. T.T. 7.287 7.137 O.D. 7.327 7.141 Norway— Kroner to £1 N.Z. T.T. 16.182 15.892 O.D. 16.242 15.898 Sweden — 15.789 15.494 Kroner to £1 N.Z. T.T. OJD. 15.849 15.500 Switzerland — 17.267 Francs to £1 N.Z. T.T. 17.537 O.D. 17.642 17.272 Noumea — Francs to £1 N.Z. T.T. 121.28 116.28 O.D. —— 116.32 Papeete— 121.13 116.33 Francs to £1 N.Z. T.T. O.D. —- 116.37 Hong Kong— N.Z. pence to 1 dollar T.T. 18 29-64 18 53-64 O.D. 18 27-64 18 53-64 India and Ceylon— N.Z. pence to 1 rupee T.T., 22% 22 21-32 O.D. 22 11-32 22 21-32 Japan— N.Z. pence to 1 yen T.T. MM 17% O.D. •MB 17% Shanghai— N.Z. pence to 1 dollar T.T. —— 18 11-64 O.D. — 18 11-64 Singapore— N.Z. pence to 1 dollar T.T. 34 23-32 35 13-64 O.D. 34% 35 13-64 Chefoo— N.Z. pence to 1 18% dollar T.T. MM O.D. — 18 7-64 Manila— * N.Z. pence to 1 peso T.T. 29 37-64 30 5-64 O.D. 29 31-64 30 5-64

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19380114.2.8

Bibliographic details

Southland Times, Issue 23407, 14 January 1938, Page 3

Word Count
536

COMPANY NEWS Southland Times, Issue 23407, 14 January 1938, Page 3

COMPANY NEWS Southland Times, Issue 23407, 14 January 1938, Page 3

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