LATE COMMERCIAL

Evening Post, Volume CVI, Issue 6, 7 July 1923, Page 8

LATE COMMERCIAL

FOREIGN EXCHANGES.

STEADY FALL OF THE £ IN NEW. YOEK.

(UNITED FRES3 ASSOCIATION.—COPTRIOHT.) " (AUSTRALIAN - NEW ZEALAND CABLB ASSOCIATION.) lONDON, sth July. foreign rates of exchange on the 18th June, as compared with par rates, or as averaged flrst hall of 1914, are as follow :— - 2nd sth Far. July. July. New York, dollars to £ ... 4.SG 4.471 4.561' Montreal, dollars to £ ... 4.86 4.69J 4.COJ l'aris, francs to £ 25.85 77.30 75.00 Stockholm, kroner to £ ... 18.12 17.81 17.23 Uhristiania, kroner to £... 18.12 28.07 28.50 Copenhagen, kroner to £...18.12 26.10 26.52 Berlin, marks to £ '.. 20.43 815,000 895,000. Home, lire to £ 25.275 105} 1054 Yokohama, yen to pence... 24.68 25| 25} Calcutta, penoe to rupee... 24 16J Mi Hong Kong, pence to dol. 24 27J. 27 The rate of the £1 sterling lv Sew York on the Oth April was 4.60} dollars; on 7th May, 4.02 J- dollars; on 17th May, 4.02J dollars; on 22nd May, 4.C3J dollars; on 24th May, i.02l dollars; on 31st May, 4.<i2j dollars; on 7th June. 4.62} dollars; on 10th June, 4.61J dollars; on 14th June, 4.61} dollars; on 22nd June, 4.01; dollars; on 2Sth June; 4.5DJ dollars.