NATIONAL MORTGAGE.

Star (Christchurch), Volume LXVI, Issue 20540, 15 February 1935, Page 9

NATIONAL MORTGAGE.

Credit Balance for Year of £37,371. United Press Assn.—By Electric Tel egraph—Copyright. (Received February 15, 2.40 p.m.) LONDON, February 14. The National Mortgage and Agency Company of New Zealand, Ltd., after contributing £6255 to the staff superannuation and provident fund, showed a credit balance of £37.371, of which £14,986 was brought forward- After paying a final dividend of 5 per cent, tax free, and placing £SOOO to reserve, the amount carried forward is £15,292.

EXCHANGE RATES.

London Quotations. British Official Wireless. (Received February 15. 1.30 p.m.) RUGBY, February 14. London on the cities mentioned: To the £ Par Feb. 14. Feb. 1 3. New York, dol. 4.56 2-3 4.88 4.88 1-16 Montreal, dol. 4.86 2-3 4.BSS 4.59 Paris, fr. 124.21 73 31-32 74 1-32 Brussels, belga 35 20.99 20.89 Geneva, fr. 25.22* 15.08 15.08 Amsterdam, fl. 12.107 T. 22 7.22* Milan, lire 92.46 57 7-16 57 7-16 Berlin, marks 20.43 12.16 3 2.16 Stockholm, kr. 18.159 19.40 19.40 Copenhagen, kr. 18.159 22.39* 22.39 J Oslo. kr. 18.159 19.90* 19.90* Vienna, sch. 34.581 261 261 Prague, krone 1641 116* 1161 Helsingfors, f. marks 193.23 226* 226* Madrid, pes. 23.22* 35 23-32 35 23-32 Lisbon, esc. 110 110* HO* Athens, drach. 375 514 + 517 t Bucharest, lei. 813.6 485 J 455 Belgrade, dinars 276.32 216 216 Rio de Janeiro, d. to mils. 5.899 4J + 4*+ Buenos Aires, d. to peso. 47.62 S6* + 36Jt Monte Video, d. to peso. 51 39a + 39J + Batavia, florins 12.11 7,20* 7.22* Warsaw, zlotys 43.38 25.87 Value in pence Par d. d. Bombay, rupee 18d. 18 5-32 IS 5-32 Shanghai, dol. * 17* 17 3 3-16 Hong Kong, dol. * 21 9-16 21 11-1.6 Yokohama, yen 24.58 d. 14 14 •Pence per local unit. tSellers. Bank of Sew South Wales. The Bank of New South Wales, Christchurch, quotes the foiowing rates for sales and purchases of foreign exchange:— Buying. Selling. London (£1 N.Z. T.T. 124 124/10/to £IOO tg.) O.D. 123/10/- 124/7/6 Australia (£ A. to T.T. 101 100/10/O.D. 101 100/10/Fiji <£ F. to £IOO T.T. 90/7/6 89 N.Z.) O.D. 90/7/6 89 New York (dol. T.T. 3.95* 3.89? to (£ N.Z. O.D. 3.96 J 3.90* Montreal (dol. to T.T. 3.953 3.912 (£1 N.Z.) O.D. 3.962 3.91 . France (francs to T.T. 60.08 58.78 £1 N.Z.) O.D. 00138 58.83 Noumea (francs T.T. 61.03 58.03 to £1 N.Z.) Q-D. 61.43 58.08 Papeete (francs T,T. 61.03 5,8.03 to £1 N.Z.) O.D. 61.43 88.08 Belgium (belgas T.T. 17.171 16.471 to £1 KZ.) O.D. 17.271 16.486 Germany (reichs- T.T. marks to £1 N.Z.) O.D. Italy (lire to £1 T.T. N.Z.) O.D. Switzerland (f*cs T.T. 12.338 1 1.938 to £1 N.Z.) O.D. 12.413 11.948 Holland fflorins T.T. 5.936 5.656 to £1 N.Z.) O.D. 5.986 5.690 Java (florins to T.T. 5.895 5.670 £1 N.Z.) O.D. 5.945 5.674 . apan (N.Z. d. to T.T. Shanghai (N.Z. d. T.T. 21* 23 1-16 to 1 dol.) O.D. 21 g 23 India and Ceylon T.T. 22 13-22 27 17-32 (N.Z. d. tolru.) O.D. 22 9-32 22 11-16 Hong Kong (N.Z. T.T. 26 17-32 27 19-32 d. to 1 ru.) O.D. 26 13-32 27 17-32 Singapore (N.Z. T.T. 34 -716 351 d. to 1 lol.) O.D. 34 6-16 35 5-16 Dollar Kates. The Associated Banks (other than the Bank of .New South Wales) quote the following dollar-sterling rates to-day, subject to alteration without notice:— U.S.A. Canada, dollars, dollars. Conversion of dollar bills received for collection and »»le of dollar drafts and telegraphic transfers 4.86 4.87 Purchase of dollar bills 4.90 4.91 On a New Zealand currency basis these rates are equivalent to: U.S.A. Canada, dollars, dollars. Selling— T.T 3.908 3.91* On Demand 3.90* 3.91* Buying— On Demand 5.93 J 3.94* DOLLAR AND FRANC. (Received February 14, 10.30 a.m.) LONDON. February 14. The American dollar opened at 4.88 to £1 sterling, and the franc at 74.