FOREIGN EXCHANGES

Evening Post, Volume CXXIV, Issue 96, 20 October 1937, Page 16

FOREIGN EXCHANGES

Closing direct rates as quoted by the Bank of New South Wales. Wellington, today for buying and selling foreign currencies based on New Zea land currency were as follows:— Guying. Selling. New Zealand on £ s. d. £ s. d. London—£ N.Z. to £ stg. 100 T.T. 124 0 0 124 10 0 O.D 123 10 0 124 8 8 Australia— £A to £N.Z 100 .. T.T. and O.D 10] 0 0 100 10 0 Fill—£F to £N.Z 100 T.T. and 0.0. 00 f 0 83 0 0 New YorS—Dollars to £ N.Z. 1 T.T. 4.0059 3.9715 O.D. 4.0159 3.9755 Montreal—Dollars to £ N.Z. 1 T.T. 4.0030 3.9712 O.I). 4.0156 3.9752 Austria—Schillings to £ N.Z. 1 T.T. — 20.82 O.D. — 20.83 OelKlum—Belgas to £ X.Z. 1 T.T. 23.812 23.502 O.D. 23.55" 23.513 Czechoslovakia — Crowns to £ N.Z. 1 T.T. — 112.86 O.D. —• 112.91 Denmark—Kroner to £ N.Z. L T.T 18.203 17.893 O.D. 18.263 17.809 France - Franca to £ N.Z. X T.T. — 116.55 O.D. — 116.59 (iermany—Belciunarlss to SN.Z. 1 T.T. — 9.838 O.D. — 9.843 Holland—Florins to £ N.Z. T.T. 7.503 7.153 O.D. 7.313 7.157 Italy—Lira to £N.Z 1 T.T. — 75.H1 O.D. — 75.56 Jara Florins to ? 7J29 O!D". 7.319 7.133 Norway—Kroner to £ v 55 l T.T 16.181 15.891 . O.D 16.241 15.897 Sweden—Kroner to £ v Z l T.T 15.78 a 15.490 W O.D 15.845 15.496 Switzerland—Francs to £w Z 1 T.T. 17.476 17.206 O.D. 17.581 17.211 N oumea —Francs to £ vZ. T.T. — 115.30 O.D. — 115.34 Papeete—Francs to £ \-Z. 1 T.T. — II 5.3 a O.D. — 115.39 flonc Konc—S.Z. pcnce to 1 dollar .... T.T. 18 29-64 ' 18 53-64 C#l). IS 27-61 IS 53-61 India and Ceylon—N.Z. pence to 1 rupes T.T . p-M -J-J-O.n. 22 11-32 22 21-32 Japan—N.Z. pence to 1 yen T.T. — 1. 33-64 O.D. — 17 33-64 Shanghai—N.Z. pence to 1 dollar T.T. — 18 11-64 O.D. — as 11-64 Singapore—N.Z. pence to 1 dollar T.T 84 23-32 So 13-64 O.D. 34% 3313-64 Chefoo—N.Z. penes to 1 dollar o.D: - T.i 29 57-64 5025-94 P O.D. 29 51-64 30 25-64 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 16s Id in London, £1 0s Id in Australia, 16s 4d in U.S.A., 16s 4d in Canada, 18s 9id in France, 16s 4d in Italy, 9s 7Jd in Germany, lis 9£d in Java, £1 8s Id in Japan. BRITISH WAR LOAN.. (British Official Wireless.) (Received October 20, noon.) RUGBY, October 19. The 3J per cent. British War Loan is quoted at £101 lis 3d. DOLLAR RATES. The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates today, on a New Zealand currency basis. They are subject to alteration without notice. U.S.A. Canadian dollars. dollars. (Per £ 1 (Per £1 Selling— N.Z.) N.Z.) T.T 3.97 3-16 3.97 O.D 3.97 9-16 3.97 3-8 Buying--O.D 4.01J 4.0111-16 JAVA EXCHANGE. (By Telegraph—Press Assn.—Copyright.l (Received October 20, 10 a.m.) BATAVIA, October 19. Sterling exchange, 8.95 guilders to £1. The rate on October 18 was the same. GOLD RETURNS. Gold dredging and sluicing returns as received for this week were as follows:— Hours. 07,. dwt. Mossy Creek 135 32 17 Maori Gully 123 31 0 Worksop No wash-up. Clutha Elver 130 344 0 Nemona ............ 128 80 0 New Blver No wash-up. White's Electric — 22 0 Gillespie's Beach 125 55 10 Argo 125 61 0 Matakl Junction 128 33 0 Walpapa Boacli 135 31 0 Addison's Flat (Fortnight) 51 0 Matakl 129 30 0 Blmu (two weeks) .... 575 4 EGGS DEARER. Eggs were quoted on the Wellington wholesale market today at Is 3d a dozen for B grade, Is 4d for A grade, and Is 5d for supers, representing a rise of one penny a dozen A and B grades.