FOREIGN EXCHANGE RATES

Evening Post, Issue 11, 13 July 1936, Page 12

FOREIGN EXCHANGE RATES

Closing sight rates as quoted by the Bank of New South Wales, Wellington today, for buying and selling foreign re UnTy n a l4 Sa b s a feo?Cs^ W Zealand Cur" Buying. Selling. X*» Zealand on °- fi *»™«* On demand, london—£N.z. to £ st" " dnrfiF,o'^.Z."loo-: 1» 00 1-.?-.6 n >ew York — Dollars to £*-Z- 1. •■ 4.0S 4 03=4 Montreal—Dollars' to S. lS X-Z. 1 4.08U ■ ; 4 04V. Austria—Schillings to £ . . X.Z. 1. . *>Q f)Q Belslnm—Belgas. to £ N.K. 1 _ . »!"H Czechoslovakia i— Crowns > ■ to £X.Z. 3. -t—. j)(j ot Denmark—Kroner to S X.Z. 1. IS.2G:; 17.903 France—Francs to £ IS. A. 1. «... ........ '■■, ■■ — ■ , , en oo Germany—lteichhiarks to. . ' /" fiX.Z. ] -.. . — ' oq 4 -. Holland—Florins to £. N.Z. 1 .%....., —i ■ ■;<!*•; Java—Florins to£.\.z. '■'■ ' 1. ■ v.:-;..v,-;u ;—' 5.545 Norway—Kroner'"to' £■ ". ' ' Sweden—Kronor* to" 's " " ■ °-903 *A- 1- ...'.;..',.,...■ i 5.545 13.500' Switzerland—Francs to £N.Z. 1. ............ — 1"25r Noumea—Francs 'to £ „ N- z; 1. ....:.»•...>; —• • 59.48 Papeete—Francs -to S, . N.Z.-1. ..:...i.....^. ._ 5903. , Hong KonR —N.Z. penco to 1 dollar ........ 18 23-C4 10 59-01 India and Ceylon—Ji.Z. pence to 1 rupee .... 22 3-6-1 "'"4 Japan— X.Z. pence; to 1 yen . _ I TC , Shanjrhat—N.Z. penco to ' ..1 dollar 1G59-G1 13 13-32 -Singapore—Zv.Z. pence to 1 dollar ............ 34 13-Gl '3313-32 The above rates are for on demand transactions. The £1 is £1 in New Zealand currency. The rates are subject to alteration without notice • Based on the figures quoted by the Bank of New South Wales the New Zealand pound, compared 'with its original par value, is equivalent to approximately:— -.....- ---• ■ £;, s. d. ■ ' : ' 0 -18-' 1 In Louilon ■ ■'■■• -: ■1- 0 1 ■ iii - Au.s'trali.-.'. ' ' nl6 fi-)i In U.S.A. .'>■,' "Hi. 7. in, Canada. \ •<>-'•!>• (IVi in-., -France. - . ! .0 !) 8% in' Koritiany. I , « !l 7% in Java. . 1 7 10',i in Japan. ; DOLLAB KATES. The Associated Banks (other than the Bank of Now-South. Wales) quoted the fol^wing dollar rates today, on a New Zealand currency basis. They are subject; to alteration without nbtice:— '■■'■■' tr.S.A. Canada. (Per (Per £1 N.Z.). £IN.Z.). Selling- • dOUarS- dollarS-' T.T 4.03 i 4.03J On demand 4.035 4.04 Buying— ' On demand 4.084 4.081 PRICES OF METALS. (By Telegraph.—Press Assn.—Copyright.) LONDON, July 10. Today's quotations for metals with those of June 26 in parentheses, ;are as follows:— .Pig-iron: Home trade. .£3 12s 6d a ton (same); export, £3 12s 6d a ton •(same). •. - Antimony: British. £67 a ton (same); foreign, £40 10s a ton (same). Molybdenite: 36s 6d a unit (same). Wolfram: 27s 3d a unit (28s 9d).' Osmiridium: £11 to £12 an ounce (£lO to £11). '•'.The official London (middle) quotations for Friday, as reported by the Australian Mines and Metals Association, compare with those previously cabled as follows:— July 9. July 10. Per ton. Per ton. Copper—- ' £ s. d. £ s. d. < Standard, spot 36 16 l.Oi 36 18 9 Ditto, forward 37 1 101 37 4 41 Electrolytic .. 40 17 6" 40 17 6 to 41 2 6 41 5 0 Wire bars 41 2 6 41' 5 0 Lead— Spot 15 10 0 15 10 0 •' 'Forward 15 13 9 15 13 9 SpelterSpot 13 6 3 13 3 9 • Forward 13 11 3 13 8 9 'TinSpot 188 12 6 186 15 0 " Forward 184 12 6 182 10 0 Silver— Standard, per oz 19 11-16 d 19-Jd Fine 21-ld 215-168 STOCKS AND SHARES. TTLTAN V McCABB, Member of WeiV hngton ■ Stock Exchange, Stock and Sharebroker, Bank of Australasia Chambers, 101 Customhouse Quay, Wellington lei. 43-220. Telegrams:- ULTMA. Wgtn. GlOKObi NATHAN, • Sharebroker, Member vVelli'ngtoa Stock Exchange, 111 Customhouse Quay. Telegrams; "Beta,"- Wellington. .