FOREIGN EXCHANGES

Dominion, Volume 32, Issue 235, 3 July 1939, Page 12

FOREIGN EXCHANGES

Position Of Sterling

By Telegraph.—Press Assn.—Copyright. (Received July 2, 6.30 p.m.) LONDON, July 1.

Tile following mean closing rates on foreign exchanges were current today compared with those ruling on June 30:—

On New Zealand Currency Basis

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

PRICES EASIER

Apples And Pears In London

By Telegraph—Press Assn..—Copyright. (Received July 2, 6.30 p.m.)

LONDON, July 1. Apples are easier owing to increased supplies of Tasmanian, New Zealand, ex Wniwera, Rnngitane and Port Wyndham, Granny Smiths 10/- to 12/- a ease; Sturmers 9/3. Pears are in heavier supplies and mostly easier.

• Par. June 30. July 1. N. York, dol. to £ 4.86G 4.68} 4.68} Montreal, dol. to £ 4.806 4.G0g 4.695 Paris, francs to £ 124.21 176} 176 47-64 Brussels, bel. to £ 48.611 27.525 27.535 Geneva, frs. to £ 25.225 20.78 ' 20.76} Amst’dam, fl. to £ 12.107 8.81} 8.81 15-16 Berlin, inks, to £ 23.43 11.665 11.67 Clingen, knr. to £ 18.159 22.40 .22.40 St’holm, knr. to £ 23.43 19.42 19.42 Oslo, kroner to £ 18.159 19.90 19.90 Hels’ki, inks, to £ 193.23 226.875 '226.875 .Madrid, pes. to £ 25.225 — — Lisbon, esc. to £ 100 110.25 110.25 M Ilan, lire to £ 92 89 89 Athens,, drae. to £ 375 547.50 547.50 Bucharest, lei to £ 813.60 l )60 660 Belgrade, din. to £ 276.31 210 210 Rio de J., p. to mil. 4.99 2.625 2.625 ■- B. Aires, p. to pesa 47.62 20.185 20.185 M.Video, p. to.peso 51 18} 18} Calcutta, p. to rup. 18 17 29-32 17 29-32 Shanghai, p. to dol. — — — H. Kong, p. to dol. — 1413-16 1413-16 Yo’hama, p. to yen 24.582 14 14 Batavia, fl. to £ 12.107 8.80 8.80 LONDON, July 1. Gold.—£7/6/6 an ounce, fine. Silver. —Spot, 18l-16d. an ounce; forward 17 ll-16d.

on Saturday:— New Zealand Buying. Selling. on London T.T 124/7/6 125 £N.Z. 0 £Stg. 100 ... O.D. 123/18/9 124/19/0 Australia T.T. 100/10/100 £ A. tc £N.Z. 100 ... O.D. 100/10/100 Fiji .... T.T 90 88/12/6 £F. tc £N.Z. 100 .. O.D 90 88/12/6 South Africa .... T.T. 123/4/3 124/17/£N.Z. o £S.A. 100 .. O.D. 124/17/New York T.T. 3.7743 3.7310 Doi. to £N.Z. . O.D. 3.7793 3.7320 Montreal T.T. 3.7848 3.7448 Doi. to £N.Z. i O.D. 3.7935 3.7458 Belgium T.T. 22.244 21.934 Bel. to £N,Z. . O.D. 22.319 21.939 Denmark T.T. 18.140 17.830 Krn. to £N.Z. . O.D. 18.200 17.832 Finland T.T. 184.85 179.05 Mks. to £ N.Z. . O.D. 185.25 179.15 France . T.T. 143.00 140.50 Frs. to £N.Z. . O.D. 144.25 140.52 Germany T.T. — 9.267 Mks. to £N.Z. . O.D. 9.269 Greece . T.T. — 429.20 Drac. to £N.Z. O.D. —— 420.35 Holland T.T. 7.163 7.013 FIs. to £N.Z. . O.D. 7.015 Italy ... T.T. — 70.94 Lire to £N.Z. . O.D. — 70.96 Java ... T.T. 7.138 6.988 Fla. to £N.Z O.D. 7.178 6.990 Norway T.T. 16.126 15.830 Krn. to £N.Z. . O.D. 16.186 15.839 Noumea T.T. 145.50 138.75 Frs. to £N.Z. . O.D. 147.00 138.79 Papeete T.T. 144.90 138.90 Frs. to £N.Z. . O.D. 146.40 138.94 Sweden T.T. 15.749 15.454 ■ Krn. to £N.Z. . O.D. 15.809 15.457 Switzerland T.T. 16.814 16.54-1 Frs. to £N.Z. . O.D. 16.914 16.547 Hong Kong T.T. IS 21-61 18 45-64 N.Z. d. to Doi. . O.D. 18 19-64 IS 45-64 India and Ceylon' T.T. 22 13-64 22 31-64 N.Z. d. to Klip. O.D 22 11-64 22 31-64 Japan .. T.T. — 17 37-64 N.Z. d. :o Yen . O.D. 17 37-64. Manila T.T. 31 33-64 32 7-32 N.Z. d. tn Peso O.D 21 27-64 32 7-32 Singapore T.T 34 23-32 3513-61 N.Z. d. to Doi. . O.D. 34 S 35-13-64 The Associated Hanks (other tiian the Bank of New South Wales) quoted the following dollar rates on Saturday on a New Zealand currency basis. They arc subject to alteration without notice. U.S .A. Janadlau dollars dollars Selling(per £N.Z » (Per £N.Z' T.T, -f 7, 1-1(1 3.73 7-16 O.D. 3.72 5-16 3.73 11 -16 Buying— O.D. 3.77J 3.79 7-16