FOREIGN EXCHANGES

Dominion, Volume 31, Issue 190, 10 May 1938, Page 14

FOREIGN EXCHANGES

Position Of Sterling

By Telegraph.—Press. Assn. —Copyright. London, May 7. The following mean closing rates on foreign exchanges were current to-day

t Market Kate. Otlieial. London, May 7. old.—£G/19/sA an ounce, line. Silver. —Spot, IS 11-l Gd. an ounce; forward, 18 7-l Gd. On New Zealand Currency Basis The Bank of New South Wales, Wellington, quoted the following rates fur their purchases and sales of foreign exchange yesterday;—

lup \ssocialcu Bank.*- oihvi ihai» tue Bunk iff New Somli Wnlvsi qnote.l I Im Ini lollnwing dollar rales yesterilay on a New I Zealand eurrencj’ basis They 'ire snliice I altornlhui without notice il’er EIN.Z.. U'ei KIN Z '

LONDON FRUIT MARKET Fair Demand At Steady Prices t he Department of Agriculture has re- ' reived the following cablegram from the ■ High ConniiissioTier for New Zealand, datI cd May C» ‘ — I Erui’t: Port Auckland discharged Lon- ' don: Durham Liverpool. Fair demand. 'Pile following are the market values. Ot sound-conditioned fruit of the varieties ! mentioned, the range of prices generally I representing the difference between the 1 several grades and/or counts. VariableI conditioned fruit of similar varieties proI pori innately loss in value >— i (Nik's (hamge aj»ph*F. 8/-, 12/” J ih?Jj" : cions. 9’6. 11 li: Jonathan. !>/-, 11'-: Kidd's Orange Ki d. 8/-. 11/6; Cleopatra. 8.-illarut. !>/-. 10,'- : Dunn's Favourite, I s/G. 9/6: London I’ippin. 8/-. 9/-; Lord I Wolseleye, 8/6. Cornice pears. .13/-, I 11/-; Trays. 4/-. 5/-.

compared with those ruling on May 5:— Par. May 5. May 7. N. York, dol. to £ 4.86(1 4.1)9 4.98? Montreal, dol. to £ S.8(i6 5.01§ 5.01 i Paris, fr. to £ 12-1.21 ITS 29-:',2 177 29-32 Brussels, bel. to £ 48.611. 29.1125 29.61 J Geneva, fr. to £ **1 SS 21.76} Amst’dam, fl. to £ 12.107 *8.9(5} 0 i ) S Berlin, niks. to £ 23.43 12.495 12.39o St’holrn, knr. to £ C’hagen, knr. to £ IS J .7.1 19.405 19.40 18.159 22.40 22.40 Oslo, knr. to £ 18.159 19.90 19.00 llel'fors, niks to £ 193.23 22(5.125 220.125 Prague, knr. to £ 134.25 143.375 143.125 Madrid, pee. to £ — Lisbon, esc. to £ 100' ’ 110 3-1(1 110 3-16 Milan, lire to £ 92 9413-16 94 13-16 Athens, drac. to £ 375 547.50 547.50 Bucharest, lei to £ 813.60 G77.50 677.50 Belgrade, din. to £ 27(5.31 217 217 Rio de J., p. to mil 15. Aires, p. to Pesa 4.99 |213-16 V2 13-16 47.62 18.97 19.025 M. Video, p. to peso 51 {,192 iio} Calcutta, p. to rap. 18 1715-16 17 29-32 Shanghai, p. to dol. 18 1213-16 12 H.-Kong, p. to dol. — 14 15-1(5 14 15-16 Y’harna, p. to yen 24.582 14 1.4 Batavia, fl. to £ 12.107 8.945 8.97

New Zealand Buying. Selling. on London T.T. 124 124/10/£N.Z. to £stg. 100 O.D. 123/10/124/8/9 Australia T.T. 101. 100/10/£A to £N.Z. 100 O.D. 101 10.0/10/Fiji T.T. 110/7/0 SO £F to £ N.Z.100 O.D. 90/7/6 89 New York T.T. ■1.0270 3.99.30 Hol to £N.Z. . O.D. 4.0376 3.9070 Montreal T.T. I 0402 ■1.0107 Doi. to £N.Z. . 0.0. 4.9612 1.0207 Belgium T.T. 24.007 23.697 Bol. to £N.Z. . O.D. 21.0S2 23.708 Czechoslovakia .. T.T. 114.17 Krs. to £N.Z. . O.D. 11-1.22 Denmark T.T. 18.203 17.893 Knr. to £N.Z. . O.D. 111.203 17.899 Finland T.T. 184.97 179.17 Mks. to £N.Z. . O.D. 185.37 ’179 27 France T.T. —_ 141.00 Frs. to £N.Z. . O.D. .— 141.04 Gemranv T.T. T.tSMIi Mks. to £N.Z. . O.D. — - 9.801 Greece T.T. — 429.54 Drac. to £N.Z. . O.D. — 429.84 Holland T.T. 7.305 7.155 FIs. to £N.Z. . O.D. 7.345 7,1.>9 Italy T.’I. 7, Lire to £N.Z. . O.D. 76.00 Java T.T. 7 7.137 FIs. to £N.Z. . o.D. 7 327 7.141 Norway T.T. 16 1S2 15.892 Krs. to £N.Z. . O.D. 10.242 15.808 149. <. > Prs. to £N.Z. . O.D. 139.79 Papeete T.T. 130.80 Frs. to £N.Z. . O.D. 139.84 Sweden T.T. 15.788 .15.493 Krn. to £N.Z. . O.D. 15.818 15.409 Switzerland ’I’.T. 17.071 17.401 Frs. to £ N.Z. . O.D. 17.776 17.406 Chefou T.T. 1 »> 21-32 N.Z. d. to Doi. . O.D. 15 41-6-1 llong-Koiig T.T. 1.8 19-64 18 43-64 | N.Z. d. Io Doi. . O.D. IS 17-01 IS 43-64 India and Ceylon. T.T. 22 7di) 22 25-61 N.Z. <1. Io Bup. . O.D 22 5-64 22 2.>-64 17 31-64 N Z. d. to Yen . O.D. 17 31-64 1 Manila I’.T. 211 35-01 30 3-64 N.Z. d. to Deso . O.D. 2!) 29-61 30 3-01 Slinngliai I’-T. l.i 21-32 N.Z. d. to Doi. . O.D. 1.» 21-32 34 19-64 34 25-32 3113-61 ; N.Z. d. to Doi. . O.D.

1 : o.b. f’.S.A bol ■1.01 11-1(5 •1.02 1-1B I Kn.viim ■ O.l>. L03 11 -10 LOII 1-10