FOREIGN EXCHANGE RATES

Evening Post, Volume CXXVI, Issue 79, 30 September 1938, Page 12

FOREIGN EXCHANGE RATES

Closing direct rates as quoted by the Bank of New South Wales, Wellington, today, for buying and selling foreign currencies, based on New Zealand currency, were as follows:— Buying. Selling. £ s. d. * £ s. d. London—£N.Z. to £ stg. 100 T.T. 124 0 0 124 10 0 O.D. 123 10 0 124 9 6 Australia—£ A. to £N.Z. 100 T.T. 100 17 6 100 5 .0 O.D. 100 17 6 100 5 0 Fiji—£F. to' £N.Z. 100 T.T. 90 7 6 89 0 0 O.D. 90 7 6 89 0 0 New York —Dollars to £ N.Z. 1 T.T. 3.8703 3.7752 O.D. 3.8790 3.7762 Montreal—Dollars to £ N.Z. 1. T.T. 3.9331 3.8245 O.D. 3.9418 3.8255 Belgium—Belgas to £ N.Z. 1 T.T. 22.922 22.398 O.D. 22.997 22.403 Czechoslovakia—Korunas to £N.Z. 1. . T.T. — 109.05 O.D. — 109.07 Denmark —Kroner to £ N.Z. 1 T.T. 18.328 17.788 O.D. 18.388 17.790 Finland — Marks to £ N.Z. 1 T.T. 187.32 177.72 O.D. 187.72 177.82 France — Francs to £ N.Z. 1 T.T. 146.28 141.04 O.D. ■■— 141.0G Germany—Reichmarks to £N.Z. 1 T.T. — 7.777 O.D. — 7.779 Greece—Drachmae to £ N.Z. 1 , T.T. — 423.80 O.D. — 423.95 Holland—Fiorina to ' fl N.Z. 1 .. T.T. 7.228 7.018 O.D. 7.268 7.020 Italy—Lire to £N.Z. 1. T.T. ■— 71.93 O.D. — • 71.95 Java—Florins to £N.Z. 1 T.T. 7.238 6.983 O.D. 7.278 6.985 Norway—Kroner to £ N.Z. 1. T.T. 16.279 15.815 O.D. 16.339 15.818 Noumea—Francs to £ N.Z. 1. T.T. 152.43 136.46 O.D — 136.50 Papeete —* Francs to £ N.Z. 1 T.T. 151.38 136.84 O.D. —• 136.88 Sweden — Kronor to £ „„ N.Z. 1 T.T. 15.906 15.389 O.D. 15.966 15.392 Switzerland — Francs to £N.Z. 1. J T.T. 17.264 16.754. O.D. 17.369 16.756 Cliefoo —N.Z. pence to 1 <*>"» K:-.r Jill °«,^f| »}». BJ4 j Japan-N.Z. pence to 1. _ - 5611 •••' O.DV — 17 43-64 Mamla-N.Z. pence to^l ■ 32 P6SO O.D. 30 15-32 32 1-16 Shanghai—N.Z. pence to ldollar •• ?S: =, Jill Sli Bd pona erf: z:.!?? c t.t. 34 5- 64 35 u« • aOUa O.D. 33 63-64 35 11-64 The £1 is £1 in New Zealand currency. Tha 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 o|d in Australia, 15s 6d in U.S.A., 15s sfd in Canada, £ - 2s BJd in France, 15s 6id in Italy, 7s 7id in Germany, 11s 6ld in Java, £1 7s 93d in Japan. BANK OF ENGLAND RETURN. By Telegraph—Press Assn.—Copyright.) (Received September 30, 10 a.m.) LONDON, September 29. The weekly Bank of England return ts as follows: — £ Issue Department — Notes in circualtion ... 500,900,000 Notes in banking dept. . 25,500,000 Other Govt. securities . 188,400,000 Other securities 600,000 Silver coin — Banking Department— Rest ~... 3,700,000 Public deposits 11,500,000 Bankers' deposits 99,900,000 Other accounts 40,200,000 Government securities . 112,800,000 Discounts and advances 7,300,000 Other securities ' 22,800,000 Notes and coin *. 26,900,000 Ratio of reserve to liabilities 17.17 p.c. The Bank of England discount rate remains unchanged at 2 per cent. RAILWAY AND AIR SERVICES The arrival and departure times of the prin-! (cipal trains at Wellington Station are a3 folJ [lows: — DEPARTURES. To Auckland. —3 p.m. and 7.15 p.m. (nq night train on Saturdays or afternoon traitf on Sundays). To Napier.—9.4o a.m. To New Plymouth.—lo.ls a.m. To Woodvllle.—7.so a.m., 3.30 p.m. (railcar). To Palmerston North.—B.3o a.m., 9.40 a.m., ,10.15 ■ a.m., 3.0 p.m., 5.47 p.»n., 7.15 p.m. i(Limited Express, not Saturday). To Masterton.—7.so a.m., 3.30 p.m. (r»H;car), 6.4 p.m. (rail-car). ARRIVALS. From Auckland.—7 a.m. (not Mondays), 9;30 a.m. (not Sundays). From Napier.—4 p.m. From New'Plymouth.—5.55 p.m. From Woodville.—l2.l4 p.m. (rail-car), 5.44 ,p.m. * From Palmerston North. —10.49 a.m., 7.8 p.m. From Masterton.—lo.lo a.m. (raLl-car), 12.14 (p.m. (rail-car), 5.44 p.m. AIR SERVICES. Arrival and departure times of airliners at , the Jtongotal Airport are as follows: — DEPARTURES. To Auckland. —Noon. (Union Airways serTo Nelson. —7.45 a.m., 12.15 p.m., 5.15 p.m., Monday, to Saturday. (Cook Strait Airways service.) To Blenheim. —8.30 a.m., 10.45 a.m., 11.35 a.m., 2.15 p.m., 3.45 p.m., Monday to Saturday. (Cook Strait Airways service.) ARRIVALS. From Auckland. —11 a.m. (Union Airways .service.) 1 From Nelson. —8.15 a.m., 2 p.m., G p.m., (Monday to Saturday. (Cook Strait Airways (service.) From Blenheim.—9.3s a.m., 11.20 a.m., 12.5 .p.m., 3.30 p.m., 5 p.m., Monday to Saturday. /(Cook Strait Airways service.) SUNDAYS. ! To Auckland. —Noon. From Auckland. —11 a.m. • To Nelson.—l2.ls p.m. From Nelson.—B.ss a.m. To Blenheim. —9 a.m., 10.45 a.m., 12.15 ip.m. From Blenheim.—B.ss a.m., 10.10 a.m., 12.5