FOREIGN EXCHANGE.
ON NEW ZEALAND CURRENCY BASIS. The Bank of New South Wales, Wellington, quoted the following rates for llieir purchase and sales of foreign exchange on Saturday: New Zealand. Buying. Soiling. on London —
SHARP FALL IN TIN. LONDON. July 23. The official London (imddlc) quotations as reported by tho Australian Mines and Motnls Association, compare with those previously cabled as follows: - 1 July 22. July 23. ' Per ton. Per ton.
PRICES OF OTHER METALS. To-day’s quotations for othor mofnls, with those of July 16 in parentheses, are as follows: — , , , , Piw.iron.—Homo trade, 101 a ton (same); export, not quoted . Antimony.—-British, 83 a ton (same), foreign. £6O 10s a ton (£6O). Molybdenite.—4os 6d a unit (same). Wolfram.—7ls a unit. (675). Osmiridjum.—£lß to £l9 an ounce (same).
£N.Z. to 124/10/6 dBstg-,100 .. T.T. 124 O.D. 123/10/0 124/8/9 Australia— £A. to £N.Z. 100 . T.T. — O.D. lOi 100/10/0 Fiji£F to £N.Z. 100 T.T. - O.D. 90/7/6 89 Now York — Dollars to £ N.Z . T.T. 4.0202 3.9833 O.D. 4.0302 3.9873 Montreal — * Dollars to £ N.Z. T.T. 4.0217 3.9862 O.D. 4.0342 3.9908 France — N.Z ., T.T. — 106.21 O.D. — 106.25 Hong-Kong— N.Z. pence .. T.T. 1715-16 to 1 dollar 181) O.D. 17 29-32 18g Japan— N.Z. pence 17 15-32 to yen ... .. T.T. - O.D. — 17 15-32 Shanghai— N.Z. noncft 17 29-32 to dollar .. T.T. 1715-32 O.D. 17 7-16 17 29-32 T.T. represents telegraphic transfers. 0 D lCproscnts on demand transactions. The Above rates arc subject tion without notice. to a Iter ntlian the Tlie Associated Banks (other Bank of Now South Wales), quoted the following dolla r rates yesterday on a New Zealand currency basis, I hey are subject to alteration without notice. U.S.A. Canadian Dol. (Per Dol. (Per £1 N.Z.) £ N.Z.) T.T 3.982 ■ O.D 3.9813-16 3.99 1-16 Buying— -O.D 4.03 4.032
BASE - METALS MARKET.
Copper— Standard, spot . R 59 s. 11 d. 3 £ 56 12 d. 6 Ditto, forward . 56 5 7J 56 8 9 . Electrolytic 63 to 64 10 10 0 0 63 64 10 10 0 0 Wire bars 64 10 0 64 10 0 Lead — Spot Forward 23 3 9 23 0 7.’, 22 18 9 22 18 U Spelter— Spot Forward 22 22 5 9 n 4J 21 22 19 3 4 k u Tin— tSpot Forward 265 262 0 2 6 6 262 260 15 15 6 0 Silver — Standard, per oz .. 1913-16d 21gd 191d 21 7-16d f American, 59-62 cent,? ! a lb.
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Manawatu Standard, Volume LVII, Issue 201, 26 July 1937, Page 5
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395FOREIGN EXCHANGE. Manawatu Standard, Volume LVII, Issue 201, 26 July 1937, Page 5
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