FOREIGN EXCHANGES

Dominion, Volume 30, Issue 249, 17 July 1937, Page 14

FOREIGN EXCHANGES

Position of Sterling By Telegraph.—Press Assn. —Copyright Loudon, July 15. The following mean closing rates on foreign exchanges were current, to-day compared with those ruling on July 14:—

Par. July 14. July 15. N. York, dol. to £ 4.866 4.9613-16

* Unofficial, t Official. London, June 15. Gold.—*£7/0/i>J an ounce, fine. Silver.—Spot, 19 15-16 d. an ounce; forward, 20d.

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:— New Zealand Buying. Selling.

The Associated Banks (other than the Bank 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 ltl/1 in London. £l/0/1 in Australia. 16/4} in U.S.A. 10/4? in Canada. 16/5} In France. Ifl/4i tn Italy, 9/7? in Germany. 11/10 in .lava. £l/8/14 in Japan. Wellington Poultry Market Prices of live poultry on the Wellington market this week are quoted by Townsend and Paul. Ltd., as follows: — Fowls: White Leghorns—Hens, 2/- to 3/6 each ; cockerels, 2/6 to 3/6; pullets, 3/- to 4/6. Black Orpingtons: Hens, heavy, 4/- to 5/- each : medium, 3/- to 4/-;' cockerels. heavy, 3/6 to 6/-: medium, 3/- to 3/6. Rhode Island Reds: Cockerels, 5/- to 6/6. Ducks: Indian Runner —Young, 3/6 to 4/6 each; old, 2/6 to 4/-, White: Heavy. 4/- to 5/-: young, 5/- to 6/6. Geese : 4/- to 4/6 each. Turkeys: lOd. 1/- per lb.

1.9611-16 Montreal, dol. to £ 4.860 4.97$ 4.97} Paris, fr. to •C 124.2t 1 127 63-04 128 1-16 Brussels, bel. to £ 48.611 29.49$ 29.505 Geneva, fr. to £ 25.225 21.66$ 21.655 Amst'dam, fl. to £ 12.107 9.02 9.015 Berlin, mks. to .r 20.43 12.345 12.345 St’holni, knr. to £ 18.159 19.40 19.40 C'hagen, knr. to £ 18.159 22.40 22.40 Oslo. knr. to £ 18.159 19.90 19.90 Vienna, seligs. to £ 34.585 26.50 26.50 Prague, knr. to £ 134.25 142.50 142 7-10 Hel’fors, mks. to £ 193.23 226.125 226.125 Madrid, pes. to £ 25.225 — — Lisbon, esc. to £ 100 110 3-16 110 3-16 Milan, lire to £ 92 9113-32 94.375 Athens, drac. to 375 1 ■547} •547} Bucharest. lei to .c 813.60 >670 •670 Belgrade, din. to £ 276.31 216 216 Rio de J., p. to mil. 4.899 -MJ t4$ B. Aires, p. to pesn 47.62 —- —~ M. Video, p. to peso 51 139$ $30} Calcutta, p. to rup 18 18} 18} Shanghai, p. to dol. 14 9-32 ' 14$ H.-Kong, p. to dol. ■— 14 21-32 11 21-32 Y’hama, p. to yen. 24.582 13 31-32 13 31-32 Batavia, fl. to £ 12.107 8.995 9.00

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U.S.A. Doi. Canadian Doi. Sellins': (Per £1 N.Z.) (P?r £1 N.Z.) T.T. s.nsj 3.98 15-1.6 O.D. 3.98* 3.998 Buying: o.n. 4.021.1-10 1.03 11-111