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FOREIGN EXCHANGE.

ON NEW ZEALAND CURRENCY BASIS. The Bank of New South Wales, Wellington, quoted the following rates for their purchases and sales of foreign exchange yesterday. New Zealand. Buying. Selling, on London—

T.T. representi. telegraphic transfers. O.D. represents on demand transactions. The above l'ates arc subject to alteration without notice. The Associated Banks (oilier than the Bank of New South Wales), quoted tile following dollar rates yesterday on a New Zealand currency basis, They are subject to alteration without notice. U.S.A. Canadian Del. (Per Dol. (Per Selling- • ' £1 N.Z.) £1 N.Z.) T.T 3.991 4.00 7-16 O.D 3.9913-16 4.0013-16 Buying— O.D 4.04 4 05a-

LONDON STOCK. EXCHANGE. LONDON, July, 20./ On the Stock Exchange to-day corporation debentures and stocks compare with provious quotations as follows : July 6. July 20,.

COLOMBO TEA AUCTION. Per Press Assrciat ion. ' i DUNEDIN, July 21. The following cabled report on the Colombo tea auction of July 20 lias been received: —Common and medium* lens were slightly irregular, while fine grades were firm lo dearer at yesterday’s sale of 2,250,000 pound's. The quantity to be auctioned next sale is only 1,500,000 pounds.

£N.Z. to £st s .100 .. T.T. 124 124/10/0 O.D. 123/10/0 124/8/9 Australia— £ A. to £X.Z. 100 T.T. - — O.U. 101 ICO/10/0 Fiji— £K to £X’.Z. 100 T.T. - ■* — O.U. 00/7/6 89 New York — Dollars lo £ N.Z T.T. 4.0303 3.9933 O.U. 4.0403 3.9973 Montreal — Dollars to £ N.Z T.T. 4.0355 4.0007 O.D. 4.0480 4.0047 France — Francs to £ N.Z T.T. — 305 95 O.U. — 106.00 Hong’-Konp— N.Z. pence to 1 dollar . T.T. 1715-16 18? O.D. 17 29-32 18g Japan— N.Z. pence to yen .... . T.T. - 17 15-32 O.U. — 17 15-32 Shanghai— 'N.Z. pence to dollar . T.T. 17 25-64 17 53-64 O.D. 17 23 64 37 53-64 -

£ s. cl. £ s. d. Dalgety and Co., 4 p.c..99 10 0 08 10 0 DaJjjcty and .Co. sliarcs 8 7 6 8 3 i 9 Rritisti Tobacco 1 18 9 1 18 9 Goldsbrouedi Mprt Q +110. 0 P. a\id 0. Deferred 1 11 b 1 11 6 New Guinea shares. sold at Is 6d.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/MS19370722.2.45.4

Bibliographic details

Manawatu Standard, Volume LVII, Issue 198, 22 July 1937, Page 5

Word Count
340

FOREIGN EXCHANGE. Manawatu Standard, Volume LVII, Issue 198, 22 July 1937, Page 5

FOREIGN EXCHANGE. Manawatu Standard, Volume LVII, Issue 198, 22 July 1937, Page 5

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