FOREIGN EXCHANGES.

Manawatu Standard, Volume LVII, Issue 156, 3 June 1937, Page 6

FOREIGN EXCHANGES.

POSITION OF STERLING. LONDON, June 1. The following mcuu closing rales on fui oigu exchanges were current to-day ettuparcd with par:

* Unofficial. tOffieial. LONDON, June 1. Gold.— £7 Os 9d an ounce, line. Silver. —Spot, 20fd an ounce; forward, 20 5-16 d.

ON NEW ZEALAND CURRENCY BASIS. The Bank of New South Wales, Wellington, quoted the following rales for their purchases and sales of loreign exchange yesterday: New Zealand. Buying. Selling.

Shanghai—: t N.Z. pence ."■-, to 1 dollar .. T.T. 17? 181 O.D. 17 23-32 1815-64 T.T. represents telegraphic tranolcrs. O.D:- represents on demand transactions. The above rates are subject to alteration without notice. • The Associated Danks (other than tho Bank of New South Walt's), quoted the following dollar rates yesterday, on a New Zealand currency basis. They are subject to alteration without notice. U.S.A. Canadian Dol (Per JJol. (Per Sellino- «1 N.Z.) -*lN\iS.) T.T 3.94 J 3.94| O.D 3.95 g 3.95 g U> o.d7 3.993 3.991

June 1. Par.. New Xork, dol. to • £ .. 4.92 15-16 4.866 Montreal, dol. to £ .. ... <1.921 4.866 fans, trunes to £ .. .... lll)o9-64 124.21 Brussels, bel. to £ .. ... 29.25 48.611 Geneva, francs to £ .. ... 21.29 25.225 Amsterdam, florins to £ 8.90g 12.iOt Berlin, marks to £ ... ... 12.29* 20.43 i Stockholm, knr. to £ ... 19.395 18.159 t Copeniiagen, knr. to £ .. 22.40 18.159 Oslo, knr. to £ .. 19.90 18.159 Vienna, schgs. to A1 ... .. 26.50 34.585 Prague, km. to £ ... ... 141.735 134.25 irlel iors, marks to £ .. 226.125 .93.23 Madrid, pcs. to £ .. .. . 25.225 Lisbon, esc. to £ .. 1103-16 100 Milan, lire to £ ... 93.625 92 Athens druch. to £ ... .. *547* 375 . Bucharest, lei to £ ... .. *672,oO 815.60 Belgrade, din. to & ... .. 215 276.31 Rio de p. to mil. .. +4.J 5.899 B. Aires, p. to peso ... 47.62 M. Video, p. to peso .. t39a 51 Calcutta, p. to rup. ... ■ • 18g 18 Shanghai, p. to dol. .. 14* — tlong-Kong, p. to dot. . 14 27-32 — Yokohama, p. to yen .. 13 63-64 24.582 Batavia, florins to .. 8.94 12.107

cn London — -- £N.Z. to JBstg.100 ... T.T. 124 124/10/0 O.D. 123/10/0 124/8/9 Australia — £1 to £N.Z. 100 T.T. — — Fiji— £ to £N.Z. O.D. 101 100/10/0 100 T.T. — —. New Yorlc— O.D. 90/7/6 89 I>H-s to £ 0 N.Z . T.T. 3.9349 3.9482 O.D. 3.9974 3.9532

Montreal — Dollar to £ N.Z. ........ T.T. 3.9829 O.D. 3.9964 3.9491 3.9541 France — Francs to £ N Z . T.T. - 88.63 O.D. - 88.67 Hong-ICong— N.Z. pence to 1 dollar . . T.T. 18 7-64 O..D. 18 5-64 18 39-64 18 19-62 J apan — N.Z. penco to 1 yen ,. T.T. - O.D. - 17 15-32 17 29-64