FOREIGN EXCHANGES.

Evening Post, Volume CVIII, Issue 101, 29 October 1924, Page 4

FOREIGN EXCHANGES.

STEELING POSITION IN NEW YORK. (UNITED PRESS ASSOCIATION.—COPYRIGHT.) (AUSTRAUAN-NEW 2BALAND OAIUE ASSOCIATION.) j p „ , , LONDON, 27th October. Foreign rates of exchange on 27th October, as compared with par .rates on the 31st July, 1914, are as follow :—*. ■" 23rd 27th Par. Oct. Oct. N t ew York, dols. to £ ... 4.56 4.50 4.40J Montreal, dols. to £ 4.SG 4.50* 4 49* Pans, francs to £ 25.224 88.06 5G.35 Brussels francs to £ 25.22 i 93.65 93.90 Stockholm, kroner to £... 15.12 10.92 lii.rio Chnstiania, kroner to £... 18.12 31.50 31.00 Copenhagen, kroner to £ ISJ.2 20.07 ">G 37 Eome lire to £ 25.22} 103* 104 i Mokonama, pence to yen 24.43 20 llio "Of Calcutta, pence to rupee 1G is l-io Is l'lG Hong Kong, pence to dol. 24 29J 29) The sterling quotation in New York (par 4.eG) stood at par till July, 1915, when it dropped to 4.7G, remaining" at that level till April, 1919. For nine months ended 29th Sept., 1924, the highest rate was 4.66J and the lowest 4.21. The exchange on New York, 3rd October was 4.4G dollars; on Gth October, 4.4CJ dollars; on 9th October, 4.47-J dollars; on 14th October, 4.50J dollars; ou IGth October, 4..j0i dollars; on 20th October, 4.40 i dollars. Highest, lowest. 1919 4.7GJ 3.07* ' 1920 4.024 S.2U 1921 4.23J 3.534 1922 ' .- 4.60 4.25} 1923 .„. <.72J 4.25} 1924 (nine months) 4.66J 4.21 The German mark, at last cabled advices was 18} billions to £1, as compared with a parity rate of 20.43 marks to the eh |