FOREIGN EXCHANGES

Dominion, Volume 32, Issue 94, 14 January 1939, Page 12

FOREIGN EXCHANGES

Position Of Sterling (British Official Wireless.) .LONDON, January 12. The following mean closing rales on foreign exchanges were current today compared with those ruling on January

Gold.—£7/8/94 an ounce, line. Silver. —Spot, 20gd. au ounce; forward, 19 15-16 d.

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 Bantis (other than the Bank of New South Wales) quoted the tollowing dollar rates yesterday on a New Zealand currency basis. They are subject to alteration without notice.

Bradford Tops Market Firm By Telegraph.—Press Ason.—Copyright LONDON, January 12. The Bradford tope market is quiet, but prices are firm. . Today’s quotations compare with those

11:— Par. Jan. 11. Jan. 12. N. York, dol. to £ 4. Slid 4.67 3-10 4.67 1-16 Montreal, dol. to £ 4.868 4.71 4.71. Paris, t’r. to £ 124.21 177 3-16 177 3 16 Brussels, bel. to £ 48.dll 27.65 27.641 Geneva, fr. to £ 25.225 20.67 i 20.674 Ainst’dam, 11. to £ 12.107 8.59 8.59 Berlin, inks, to £ 23.43 11.64J 11.635 C’hagen, knr. to £ 18.159 22.40 22.40 St'holiu, knr. to £ 23.43 19.42 19.42 Oslo, knr. to £ 18.159 19.904 19.90 Hels’kl, inks, to £ 193.23 226.75 226 75 Prague, knr. to £ 134.25 135.25 136.25 Madrid, pes. to £ 25.223 —- 200 Lisbon, esc. to £ 100 110 3-16 1103-16 Milan, lire to £ 92 88 3-10 88.75 Athens, drac, to £ 375 147.50 547.50 Bucharest, lei to £ 813.00 >160 (160 Belgrade, din. to £ 270.31 20S 209 Rio de J., p. to mil. 4.99 3} 3 1-16 B. Aires, p. to pesa 47.02 ' 20.42 20.40} M. Video, p. to peso 01 19 18} Calcutta, p. to rap. 18 1715-16 17 59-04 Shanghai, p. to dol. 18 Si 8} . II. Kong. p. to dol. — 15 15 Y’hama, p. to yen 24.582 14 14 Batavia, fl. to £ 12.107 8.57? 8.57 i LONDON, January 12.

New Zealand Buying. Selling. London T.T. 124/7/C 125 £N.Z. to £stg. 124/19/0 100 ... O.D. 123/18/9 Australia T.T. 100/10/100 A to £N.Z. 100 O.D. 100/10/100 Fill .... T.T. 90 88/12/0 £F to £N.Z. 100 O.D. New York T.T. VO 3.7722 88/12/0 3.7195 Doi. to £N.Z. . O.D. X.77 t ** 3.7205 Montreal T.T. 3.8054 .5. i 4oo Doi. to £N.Z. . O.D. 3.8111 3, <463 BMgium T.T. 22.413 21.873 Bel. to £N.Z. . O.D. 22.488 21.878 Czechoslovakia .. T.T. — 107.03 Krs. to £N.Z. . O.D. — 107.05 Denmark T.T. 1S.227 17.695 Krn. to £N.Z. . O.D. 18.287 17.097 Finland T.T. 180.23 176.08 Mks. to £N.Z. O.D. 1841.63 170.18 France . T.T. 144. GO 139.60 Frs. to £N.Z. . O.D. — 139.62 Germany T.T. — 9.153 Mks. to £N.Z. . O.D. —— ValOtJ Greece . T.T. —— 418.90 Drac. to £N.Z. . O.D. — 419.05 Holland .. T.T. 7.024 6.769 FIs. to £N.Z. . O.D. 7.0G4 l>. 771 Italy ... T.T. — 70.50 Lire to Java ... £N.Z. . O.D. T.T. 0.1)77 4 0.52 0.737 FIs. to £N.Z. . O.D. 7.037 6.139 Norway Krn. to T.T. £N.Z. . O.D. 16.209 16.269 15.712 15.715 Noumea . T.T. 1.49.00 130.10 Frs. to £N.Z. . O.D. — 130.14 Papeete T.T. 148.40 130.40 Frs. to £N.Z. . O.D. 136.44 Sweden . ......... T.T. 15.840 15.3J18 Krn. to £N.Z. . O.D. .15.900 15.341 Switzerland T.T. 1(1.804 10.339 £N’.Z. . O.D. 10.909 10.341 18 21-04 19 5-04 N.Z. d to Doi. . O.D. 18 25-04 19 u-64 India and Ceylon T.T. 22 9-04 22 41-64 N.Z. d. Japan to Rnp. O.D. 22 7 -(>4 22 41-6! 17 45-04 N.Z. d. to Yen . O.D. — 17 4.>-64 .Manila .. T.T. 31 25-04 32 3.J-04 N.Z. d. t ,o Peso . O.D. 31 19-04 32 35-04 Shanghai T.T. — 11 15-10 N.Z. <1. to Doi. . O.D. — 11 15-10 Singapore N.Z. d. T.T 34 27-04 35 17-64 35 17-64 to Doi. O.D 34 23-01

U.S.A dollars. Canadian dollars. Selling— (Per £ N.Z.J (Per £N.Z.) T;T. 3.71 3-16 3.7-1& ' O.D. 3.71 9-16 3.74& Buying— O.D. 3.77A 3.SOj|

previously cabled Dec. 22 d. as folic Dec. 29 d. ws:— Jan. d. Jan 12 d. Merinos* — 70’s 26} 26} 26 26 64’s 25 25 25 2*0 6O’s . . 24 24 24 24 Crossbreds58’® ~21 21 21 21 56’® 19} 19 19 19 50‘® .. 17 17 17 17 46’s *16 *16 *16 ♦16 40’s *16 *16 *16 ♦10 ♦Nominal.