FOREIGN EXCHANGES

Dominion, Volume 30, Issue 131, 27 February 1937, Page 14

FOREIGN EXCHANGES

> Position of Sterling

By Telegraph.—Press Assn.—Copyright.

London, February 25.

The following mean closing rates on foreign exchanges were current to-day compared with those ruling on February

London, February 25. Gold. — £7/2/2} an ounce, fine. Silver.—Spot, 20Jd. an ounce; forward, 20 l-16d.

On New Zealand Currency Basis

The Bank of New South Wales, Wellington, quoted the following rates for their purchases and sales of foreign exchange yesterday.

The Associated Banks (other than the Hank of New South Wales) quoted the following dollar rates yesterday, on a New Zealand currency basis. They are subject to alteration without notice.

N.Z. Pound Abroad

Based on figures quoted by the Bank of New South Wales, the New Zealand pound, compared with its original par value, is equivalent to approximately:— 16/1 In London. £l/0/1 in .Australia. 16/1:1 in U.S.A. 1(1/1} in Canada. 13/6} in France. 16/1} in Italy. 9/5J in Germany. 11/8} in Java. £l/8/1} in Japan.

Wellington Poultry Market

Prices of live poultry iu the Wellington markets this week are quoted by Townsend and Paul, Ltd., as follows: — Fowls: White Leghorns, hens 1/6 to 2/6 each, cockerels 1/- to 2/6, pullets 2/to 4/-. Black Orpingtons, hens, heavy, 2/9 to 3/6 each, medium 2/- to 3/-: cockerels, heavy 2/- to 3/6, medium 1/6 to 2/-; Rhode Island Reds, heavy, 3/- to 4/6. Ducks: Indian Runner, young, 2/6 to 3/6 each, old 2/- to 2/6; white, heavy 3/- to 4/-, young 3/6 to 4/6. Geese, 3/- to 4/- each. Turkeys, IQd. to 1/- per lb.

Par. Feb. 2-1. Feb. 25. N. York, dol. to £? +4.866 4.89 1-32 4.S8 31-32 Montreal, dol. to £ 4.SG6 4.89 4.88 15-16 Paris, t'r. to £ 124.21 105.1125 105 7-64 Brussels, bel. to £ 48.011 29.025 29.025 Geneva, fr. to £ 25.225 21.44 21.435 Amst’dam, fl. to £ 12.107 8.9} 8.92} Berlin, inks,, to .t * 20.43 12.10 12.155 St’holin, knr. to £ 18.159 19.395 19.395 C'hagen, knr. to £ 18.159 22.40 22.40 Oslo, knr. to £ 18.159 19.90 19.90 Vienna, schgs. to £ 34.585 20.50 26.50 Prague, knr. to £ 1G4.25 140 5-16 140 Ilel’fors, mks. to £ 193.23 22G.50 226.50 Madrid, pes. to £ 25.225 — — Lisbon, esc. to £ 100 110 3-11! 110 3-10 Milan, lire to £ 92 92 15-1(1 92 29-32 Athens,', drac. to £ 375 *5471 ♦5474 Bucharest, lei to £ 813.60 * 670 *670 Belgrade, din. to 276.31 213 213 Jtio de J., p. to mil. 5.899 fit 1'4} B. Aires, p. to peso 47.62 — —— M. Video, p. to peso 51 |39J 7395 Calcutta, p. to nip. 18 18 9-04 18 9-64 Shanghai, p. to. dol. - 14 i 14* H.-Kong, p. to dol. — 1415-101415-10 Y'hania, p. to yen. 24.582 14 14 Batavia, fl. to £ 12.107 8.895 8.8S5

New Zealand Buying Selling. on London T.T.121 124/10/£N.Z. to £ stg. 100 O.D. 123/10/T.T. — 124/8/9 Australia —— £A to £N.Z. 100 O.D. 101 100/10/Fiji T.T. — —• £F to £N.Z. 100 O.D. 90/7/6 89 New York T.T. 3.1)5* 3.91 J Doi. to £ N.Z. .. O.D. 3.96} 3.92} Montreal T.T. 3.95} 3.1*1} Doi. to £N.Z. .. O.D. 3.96} 3.92’ Austria TT. — 20.55 Seligs, to £N.Z. O.D. — 20.57 Belgium T.T. — 23.178 Bel. to £N.Z. .. O.D. — 23.189 Czechoslovakia T.T — 111.64 Crs. to £N.Z. .. O.D. — 111.69 Denmark .T.T. 1S.203 17.S93 Kr. to £N.Z. .. O.D. 18.263 17.903 France T.T. — 84.22 Frs. to £N.Z. .. O.D. — 81.26 Germany T.T. — 9.693 Mks. to £N.Z. .. O.D. — 9.698 Holland T.T. 7.276 7.126 FIs. to £N.Z. .. O.D. 7.336 7.130 Italy T.T. — 74.41 Lire to £N.Z. .. O.D. — 74.46 •lava T.T. 7.245 7.085 FIs. to £N.Z. .. O.D. 7.305 7.089 Norway T.T. 16.181 15.891 Kr. to £N.Z. .. O.D. 16.241 15.901 Sweden T.T. 15.785 15.490 Kr. to £N.Z. .. O.D. 15.845 15.500 Switzerland .... T.T. 17.400 17.130 Frs. to £N.Z. .. O.D. 17.505 17.135 Noumea T.T. — 82.85 Frs. to £N.Z. .. O.D. — 82.91 Papeete T.T. — 83.00 Frs. to £N.Z. .. O.D. — S3.06 Hong-Kong .... T.T. IS 9-32 IS 25-32 N.Z. d. to Doi. . O.D. 18} 18 49-64 India and Ceylon T.T. 22 13-32 2211-16 N.Z. d. to Rup. O.D. 22} 22 43-64 Japan T.T. — 17 31-64 N.Z. (1: to Yen . O.D. — 17 15-32 Shanghai T.T. 17} 18} N.Z. d. to Doi. . O.D. 17 27-32 18 23-64 Singapore T.T. 34 47-64 3«> 7-32 N.Z. d. to Doi. . O.D. 34 41-64 35 13-64 Cliofoo T.T. 17 55-61 18 31-64 N.Z. (1. to Doi. . O.D. 1713-16 IS 15-32

U.S.A. Doi. Canadian Doi. Selling (Per £1.N.Z.) (Per £1 N.Z.) T.T. 3.912 3.915 o.n. 3.923 . 3.112-2 Buying 3.96} o.n. 3.9(iJ