FOREIGN EXCHANGES

Dominion, Volume 33, Issue 226, 19 June 1940, Page 12

FOREIGN EXCHANGES

Position Of Sterling By Telegraph.—Press Assn.—Copyright. LONDON, June 17. The following mean closing rates on foreign exchanges were current today:—

LONDON, June 17. Gold.—£B/8/- an ounce, fine. Silver.—Standard, 23d. an ounce; line, 24 13-16 d. New Zealand Exchanges Telegraphic rates of exchange, New Zealand on the overseas centres mentioned, were quoted yesterday by the Bank of New South Wales as follows: —

Dow Jones Averages (By Telegraph—Press Assn.—Copyright.) NEW York, June 17. Dow Jones averages (1926 equals 100) and turnover on the New York Stock Exchange compare as follows:—

Highest in 1939: Railroads, 35.90 (September 27): industrials, 151.22 (September 12). Lowest in 1939: Railroads, 24.15 (April 18): industrials 121.4 (April 8) Stock And Share Indices (By Telegraph—Press Assn.—Copyright.) LONDON. June 17. Today’s stock indices compiled by the “Financial Times” with previous quotations are (October 15, 1926 equals 100) :

Par. June 17. New York, dollar .. to £ 4.866 4.03 Montreal, dollar .. to £ 4.866 4.45 Paris, francs to £ 124.21 — Geneva, francs . ...to£ 17.90 Stockholm, kroner, to £ 23.43 10.90 Lisbon,, esc to £ 100 110.25 92 Athens, drac to £ 375 346 liio de J„ p. to mil .... 4.99 — B. Aires, p. to pesa .... 47.62 17.06a Monte Video, p. to peso 51 —■ Calcutta, p. to rupee ... 18 18 Yokohama, p. to yen ... 24.582 16 Shanghai, p. to dollar . — 3.15-16 flong Kong, p. to dollar — 5 53-64 Batavia, florins to £ .. 12.107 7.11/7.54

On. Buying Selling. New York, dol. to £N.Z. 3.2542 3.2030 Montreal, dol. . to £N.Z. 3.6039 3.5290 France, francs . to £N.Z. 142.61 142.70 Greece, drac. .. to £N.Z. — 412.70 •Java, florins . .to£N.Z. 6.187 6.004 Switz’land, frs. to £N.Z. 14.532 14.180 H. Kong, N.Z.d. to dollar 18 21-64 19 India and Ceylon, N.Z.d. 22 5-32 22 49-64 Manila. N.Z.d. to peso .. 36 9-16 37 7-10 Shanghai, N.Z. <1. to dol. — 5 47-64 Singapore, N.Z.d. to dol. 34 41-64 35 41-111

20 Railroads. i 30 ndustrials Shares sold. Feb. s 31.46 148.40 870.000 Mar. 6 .. .31.01 147.97 S60.000 Apr. 2 .. 30.59 147.92 830.000 May 2 .. 30.66 147.76 650,000 June 1 . .. 23.05 115.67 270,000 June 3 .. 23.15 114.73 150.000 June 10 .. 22.79 .111.84 970,000 June 11. .. 23.73 115.97 760,000 June 12 .. 25.20 121.46 1.360,000 June 13 . 24.47 119.91 .880.000 June 14 .. 24.87 122.27 950.000 June 17 .. 25.04 122.80 1,210,000

Govt, see’s. Home Rails Industrials. Gold mines. Feb. 5 109.2 r>o 95.8 190.4 Mur. 1 .... 109.9 54.1 101.6 98.2 195.9 Apr. 1 .... 108.6 55.r 196.1 Muy *> 110.0 54 .s 96.2 198.8 Muy 31 3 ... 109.4 38 9 87.1 164.5 June 109.6 38.1 77.0 165.1 •T une 10 ... 108.8 r>s 77.6 162.3 .Tunc T1 ... 108.9 38’ii 77.0 159.8 .Tune 12 .. 108.9 '}<) 0 77 LJ 161.8 .Tune 13 ... 108.8 38.8 76.8 160.3 June 14 ... 108.1 37.7 75.7 158.5 June 17 ... 105.6 35.9 72.0 151.2