FOREIGN EXCHANGES

Manawatu Standard, Volume LIX, Issue 116, 17 April 1939, Page 5

FOREIGN EXCHANGES

POSITION OF STERLING. LONDON, April 15. The following mean clod rig rates on foreign exchanges were current to-day

ON NEW ZEALAND CURRENCY BASIS. The Bank of New South Wales, Wellingfon, quoted the following rates for their purchases and sales of foreign exchange

BASE METALS MARKET,

TINT PRICES FIRMER

LONDON, April 14

The official London (middle) quotations compare with those previously cabled as follow;

Quotations for oilier metals with those for April 7 in parentheses are as follow: Pig iron.—Home trade, 99s a ton (same); export, not quoted. Ant.imonv. —British, £7O 10s a ton (same); foreign, £45 a ton (same). Molybdenite.—4ls a unit, nominal (same). Wolfram. —Chinese 55s 6d a unit, nominal (same). Ostniridium. —£16 10s to £lB 10s aji ounce (same).

compared with par: — April 15. Par. 4.681-16 4.866 Montreal, dol. io £ 4.70 13-16 4.866 176 47-64 124.21 Brussels, bel. "to £ 27.855 48.614j 28.875 25.225 Amsterdam, florins to £ 8.813 12.107 Berlin, marks to £ 11.71 23.43 Copenhagen, knr. to £ • 22.40 18.159 Stockholm, knr. to £ ... 19.40 23.43 Oslo. knr. to £ 19.90 18.159 c cc 3 226.875 193.23 Madrid, pea. to £ — 25.225 Lisbon, esc. to £ 110A 100 Milan, lire to £ 89 92 547.50 375 Bucharest, lei to £ 660 813.60 Belgrade, din to £ 210 276.31 Kio do J.. p. to mil. ... 2.875 4.99 B. Aires, p. to pesa 20.205 47.62 !\I. Video, p. to peso ... 181 51 Calcutta, p. to rup 17 15-16 ia Shanghai, p. to dol — 18 Ilomt Kong, p. to dol. . 143 Yokohama, p. to yen ... 14 24.582 Batavia, florins to £ ... 8.80 12.107

on .Saturday : — New Zealand Buying. Selling. London — £X.Z. to stg.100 T.T 124/7/6 125 O.D 123/18/9 124/19/6 Australia — £A to £N.Z. 100 T.T. 100/10/0 100 O.D. 100/10/0 100 Fiji£F to .L'N.Z. 100 r )'.T. 90 88/12/6 O.D. 00 83/12/6 JJol. to £N.Z. T.T. 3.7738 3.7305 O.D. 3.7788 3.7315 Montreal — 3.7538 Dol. to £)N.Z. T.T. 3.7038 O.D. 3.8025 3.7548 140.51 Fr s to £N.Z. T.T. 143.01 O.D. 144.26 140.53 18 9-16 N.Z. d. to dol. T.T. 18 3-16 O.D. 13 5-32 18 9-16 Japan — N.Z. d. lo yen T.T. — 17 37 64 O.D. — 17 37-64 11 1-32 N.Z. d. lo dol. T.T. — O.D. — 11 1-32 The Associated Banks (other than the South Wales! quoted the rate* on Saturday on a following dollar rates yesterday on a New Zealand currency basis. They are subject to alteration without notice. tl.S.A. Cana dian dollars. dol la rs. Selling— (Per £N.Z.) Per £N.Z.) T.T 3.721-16 3.74 3-16 0 D 3.72 5-16 3.74 7-16 Buying —• o.D 3.77g 3.80 3-16

April 13, Ap ril 14. Per ton l*er ton. Copper — £ s. d. X 41 s. d. Standard, spot. , 42 2 6 18 4 Ditto, forward . 42 9 4* 42 5 >( ? Electrolytic 48 0 0 47 10 0 to 48 10 0 43 10 0 Wire ba rs 48 10 0 48 10 0 Lead — Spot 14 I 10* 14 3 1* Forward 14 8 1* 14 9 4* Spot 13 6 10* 13 o 9 I< orward 13 11 10* 13 13 1* Spot 215 7 6 216 7 6 Forward 213 2 6 214 1 3 Silver--Standard, an oz Fine, an oz ... 20rl .... 21 9-16d 20d 21 9-16d PRICES OF OTHER METALS.