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FOREIGN EXCHANGES

ON NEW ZEALAND CURRENCY BASIS The Bank of New South Wales, Dunedin, quoted the following rates for purchase and sales of foreign exchange (all rates subject to alteration without notice): —

COTTON, RUBBER, ETC. Press Association —By Telegraph—Copyright LONDON, March 4. Friday’s closing prices were as follows: ‘‘ Cotton;'' 5.29 d per' lb; ‘ Mafchj 5 4.»6a. ~ “ Rubber: Para, 7id j ; plantation "■ smoked, 8 5-16 d. ' , ~ Copra: March-April, South Sea, ill) 2s 6d, smokedl £10; Plantation Rabaul, £ll. Linseed oil, £26 ■ 10s. Turpentine, £1 ISs. Jute: March-April, £23 7s 6d. , FINE DUALITY PAPER WOOD PULP SUPPLIES FROM TASMANIA After a long period of intensive research, followed by rigorous tests and the building of plant for manufacture on a steadily increasing commercial scale, the Burnie works of Associated Pulp andi Paper Mills Ltd., on .whose establishment more than already has been spent, are in active opeFine quality papers made _from the wood pulp supplies secured- from Tasmanian bush timber are being; used in all parts of Australia. The two machines installed have a rated output of 15,000 tons and 7,500 tons respectively of high-grade paper a year.

London— £100 slg. T.T. N.Z ... O.D. Buying. £124 7/6 £123 18/9 Selling. £125 £124 19/8 Australia— £A to £100 N.Z I’.T. £100 10/ £100 Fiji— £F to £100 N.Z T.T. £90 £88 12/8 New York— Dollars to £1 N.Z T.T. O.D.. 3.7798 3.7848 3.7365 3.7375 Montreal— Dollars to £1 N.Z T.T. O.D. 3.7913 3.8000 3.7513 3.7525 BclgiumBclgas to £1 N.Z T.T. O.D. 22.510 22.585 22.200 22.205 Czecho-Slovakia — Korunas to £1 N.Z T.T. O.D. 108.72 108.74 Denmark— Kroner to £1 N.Z ... . ... T.T. O.D. 18.140 . 18.200 17.830 17.832 Finland— Marks to £1 N.Z T.T. O.D. 184.79 . 185.19 178.99 179.09 France— Francs to £1 N.Z T.T. p.D. 143.11 140.61 140.63 Germany— Reichsmarks to T.T. £1 N.Z. ... O.D. , 9.277 9.279 Greece— Drachmae to £1 N.Z. ... T.T. O.D. - ■ 429.20 429.35 Holland — Fiorina to £1 N.Z T.T. O.D. 7,170 7.210 7.020 7.022 Italy— Lire to £1 N.Z. ... ... T.T. O.D. - 71.025 71.060 Java — Florins to £1 N.Z T.T. O.D. 7.150 7.190 7.000 7.002 Norway— Kroner to £1 N.Z T.T. O.D. 16.126 16.186 16.836 16.839 Noumea— Francs to £1 N.Z T.T. O.D, 145.61 138.86 138.90 Papeete— Francs to £1 N.Z T.T. O.D. 145.01 139.01 139.05 Sweden — Kroner to £1 N.Z. ... ... T.T. O.D. 15.753 15.843 15.459 15.461 Switzerland— Francs to £1 N.Z. .;. ... T.T O.D 16.689 16.789 16,419 16.422 Hongkong— N.Z. pence to 1 dollar ... T.T. O.D 18 27-64 18.25-64 18 51-64 18 61-64 India and Ceylon N.Z. pence to 1 rupee ... "t.t. O.D. 22 1-4 22 7-38 22 17-32 22 17-32 Japan— N.Z. pence to 1 yen .... ... T.T. O.D. - 17 37-64 17 37-64 Singapore— N.Z. pence to 1 dollar ... T.T O.D. 54 17-32 34 7-16 35 1-64 35 1-64

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ESD19390306.2.38.6

Bibliographic details

Evening Star, Issue 23208, 6 March 1939, Page 6

Word Count
455

FOREIGN EXCHANGES Evening Star, Issue 23208, 6 March 1939, Page 6

FOREIGN EXCHANGES Evening Star, Issue 23208, 6 March 1939, Page 6

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