FOREIGN EXCHANGE

Dominion, Volume 28, Issue 113, 6 February 1935, Page 12

FOREIGN EXCHANGE

On New Zealand Currency Basis DIRECT DOLLAR RATES The Bank of New South Wales.. Wellington. quoted the following rates for their purchases and sales of foreign exchange yesterday : —

T.T. represents telegraphic transfers. O.D. lepresenis on demand transactions- , . , „ The above rates are subject to alteration without notice.

New Zealand Pound Abroad Based on the rates quoted yesterday by the Bank of New South Wales, £1 New Zealand was worth approximately: 16/1 in London. £l/0/1 in Australia. 16/- in U.S.A. 16/0i in Canada. 9/6 in France. 9/10J in Italy. 9/4J in Germany. 9/4-J in Java. £l/7/11 in Japan. Position of Sterling By Telegraph.—Press Assn.—Copyright. London, February 4. The following rates on foreign exchanges were current to-day, compared with those ruling on February 2:—

tl’ar, 8.23 31-32 since dollar devaluation on February 1. 1934

Gold and Silver. London, February 4. Gold.-—£7/2/1 per tine ounce. Silver. —Cash, 24 7-16 d. per ounce; forward, 24 9-16(1.

Fruit and Vegetables L’riees of fruit, vegetables and other produce iu the Weiiingtou markets this week are quoted by Laery aud Co., Ltd., Geo. Thomas and Co.. Ltd.. Thompson Bros., Ltd., Townsend and Paul, Ltd., D. Bowie aud Co.. Ltd., and W. Burbidge and Co., Ltd., as follow : — Peaches: Choice Paragon, 3/6 to 4/6 a half-ease; Mary’s Choice, 3/- to 4/-; American Pound. 3/- to 3/6; others, 2/6 to 3/-. Plums: Purple King, 3/6 to 4/- a half-case; Doris. 3/- to 3/6; Blue Diamond. 4/- to 4/6; Grund Duke, 3/-; damsons, 4/- to 4/6 Nectarines. Gold Mine, -1/- to 5/6 half-ease ; apricots, 4/6 to 6/- half-case: greengages. 4/6 to 5/(i half-ease. Apples: Gravensteins, G/- to 8/- a bushel; Cox Orange 8/- to 10/-; Worcester Permain. I/- to 5/-; Ballarats. 4/6 to 5/6; others. 3/6 to 4/0. Pears; W.8.C., 4/- to 6/9 a bushel; cookers, 4/-. Tomatoes: Over-supplies. 9d. to 1/3 half-ease; cuciiinbers. 2/- to 2/6 a case; lemons, cured 12/- to 14/- bushel, others 8/- to 10/-; passions. 6/- to 8/- half-case, others 4/- to 5/-: grapes, hothouse. Bd. to 11(1. lb. Green peas, 1.2/- to 14/- half-saek; french beans, 3/- to (>/- half-sack; stringless beans, 2}d. lb.; runner beans, 4/- to 6/- a case.; marrows, 1/3 to 1/9 a ease: pumpkins. 7/- to 10/- per sack; cabbage, 3/6 to 5/- a case: cauliflowers, 3/6 to 5/- a case; lettuce, 8/- to 10/- a case; others, 3/- to 5/- a case ; parsnips, 4/- to 5/- a case; carrots. 6/- to 8/- per sack; beetroot, 2/6 to 3/- per sack; swedes, 7/- to 8/- per cwt..: potatoes, prime, 8/to 10/- per cwt.: others, 6/- to 7/- per cwt.; onions, 7/- per sugar bug; spring onions, 1/6 Io 2/6 bn neb ; rock melons, 5/to 6/- bushel ease; waler melons, 2/(1 to 4/0 each; pie melons, 8/- to 10/- per sack'; kumeras, 8/- per sugar-bag. Eggs: Fresh, 1/5 per dozen, ,

New Zealand Buying. Selling. on London— £N.Z. to £stg. 100 T.T. 121 124/10/- (‘ I>. 123/1 tV- ■ 124/7/6 Australia — £A. to £N.Z. too .... T.T. 10 1 . 100/10/O.D. 101 100/10/Fiji— £F. to £N.Z. 100 . .. . ’ i’.T 90/7/6 89 O.D. 90/7/6 89 New York — dollars to £N.Z.l . . '.1 3.951 3.89 J O.D. 3.961 3.90 Montreal — dollars to 1N.Z.1 .. T.T. 3.94? 3.90? O.D. 3.95? 3.905 France — Francs to £1 N.Z T.T. 60.33 59.03 OD. 60.63 59.08 Noumea — Francs to £1 N.Z T.T. 61.28 58.2S OD. 61.68 5S.33 Papeete— Francs to £1 N.Z. '.... T T. 61.28 5S.2S O.D. 61.68 58.33 Belgium— Belgas to £1 N.Z T.T. 17.259 16.559 O.D. 17.359 16.574 Germany— Reiehmarks to £1 N.Z. T.T. —— 9.602 OD. 9.607 Italy— Lire to £1 T.T. 45.73 O.D. — 45.77, Switzerland — Francs to £1 N Z T.T. 12.385 . 11.985 O.D. 12.460 11.995 Holland — Florins to £1 N" Z. ...» T.T. 5.957 5.707 O.D. 6.007 5.711 Java — Florins to £1 N.Z T.T. 5.915 5.690 O.D. 5.965 5.694 Japan— N.Z. pence to 1 yen T.T. — 17 21-32 Shanghai— N.Z. pence to 1 1 dollar T.T. 20 11-16 22 O.D. . 20 9-16 21 15-16 India and Ceylon— N.Z. pence to 1 rupee T.T. 22 13-32 22 i O.D. 22 9-32 22 11-16 Hong-Kong— N.Z. pence t.n 1 dollar T.T . 25 31-32 27 .1-32 O.D . 25 27-32 26 31-32 Singapore — N.Z. pence to 1 dol. T.T. 34 7-16 35 J O.D. 34 5-16 35 5-16

Feb. 4. Feb. 2. Par. N. York, dol. to £ 4.87 3-8 4.87 1-8 14.866 Montreal, dol. to £ 4.87 3-8 4.871 4.860 Paris, fl*. to £ 74 9-32 74 9-32 124.21 Brussels, bel. to £ 21.00 21.015 35.00 Geneva, fr. to £ lo. 14o 15.145 25.225 Amst’dani, fl. to £ 7/241 7.241 12.107 Milan, lire to £ 37.75 57.50 92.40 Berlin, inks, to £ 12.21 12.21 2013 St’holm, knr. to £ 10.395 19.395 18.159 C’hageu, knr. to £ 22.305 22.395 18.159 Oslo, knr. to £ 10.903 19.905 18.159 Vienna, schgs. to £ 26.25 20.25 34.585 Prague, knr. to £ 117.25 .117.125 164.25 Hel’fors, inks, to £ 226.50 226.50 193.23 Madrid, pes. to £ 35.875 35 27-32 25. 22«j Lisbon, esc. to £ 110.125 110.125 iib" Athens, drach. to £ ♦515 *515 375 Belgrade, din. to £ 216 , 216 •276.31 Bucharest, lei to £ 48i.50 487.5b '13.60 Warsaw, zloty to £ .— — 43.38 Rio de J., p. to mil. t4i 1'4 i 5.899 B. Aires, p. to peso tshj t36 J 47.02 M. Video, p. to peso 739 7-8 |39 7-S 51 Calcutta, p. to rup. IS 5-32 18 5-32 18 Shanghai, p. to dol. — 17 3-8 — H.-Kong, p. to dol. — 21 5-16 — Y’hama, p to yen 14 14 24.5S2 Batavia, fl. to £ tSellers. official 7.225 7.225 •Sellers. 12.107