FOREIGN EXCHANGES

Otago Daily Times, Issue 23015, 19 October 1936, Page 14

FOREIGN EXCHANGES

ON NEW ZEALAND CURRENCY BASIS The Bank of New South Wales, Dunedin, quoted the following rates for purchases and sales of forciftn exchange on Saturday;—

DOLLAR RATES The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates on Saturday on a New Zealand currency basis. They are subject to alteration without notice:— U.S.A. Canada.

DAIRY PRODUCE The New Zealand Loan and Mercantile Agency Company, Ltd., Dunedin, has received the following advice from London dated October HiDairy Produce. New Zealand choicest salted butter. 965; New Zealand first grade salted butter, 935; white cheese, 68s; coloured cheese, 65s per cwt. Markets slow. SOUTHLAND STOCK REPORT ‘Special to Daily Times) INVERCARGILL, Oct. 17. The stock market continues w.ell supplied in all sections, and values remain fairly firm for most classes. Fat cattle are coming fprward in larger numbers, the quality in some of the offerings being only fair, owing to the backward state of feed. The market for fat cattle has eased somewhat during the past few weeks, but values are still good. Fat sheep are also coming to hand in fairly large numbeis. and values are easier. The store sheep market continues good. There are now numbers of ewes and lambs coming to hand, the bulk of these being aged ewes, which are selling well. . „ \ v The store cattle market is fairly active, the backward state of the feed tending to restrict competition to a great extent. , . „ , Fat Cattle—Prime heavy bullocks, £l3 10s to £ls; prime medium weight bullocks. £lO 10s to £l2; lighter bullocks, £8 10s to £10: prime heavy heifers, £lO to £ll 10s; medium heifers. £7 10s to £8 10s; lighter heifers, £4 10s to £5 10s; prime heavy cows, £9 to £lO 10s; medium cows, £7 to £8: lighter cows, £4 to £5. Fat Sheep—Prime heavy. wethers, 35s 6d to 375; medi urn-weight prime wethers, 32s to 33s 6d; lighter wethers, 28s 6d to 30s; prime heavy ewes. 28s to 30s; medium ewes. 24s 6d to 265; lighter ewes, 20s to 22s 6d. * Store Sheep.—Romney ewe hoggets. 33s 6d to 35s 6d; medium. 30s to 325: Romney wether hoggets. 23s to 255: medium hoggets. 20s to 21s 6d; aged ewes and lambs, all counted. 11s to 16s 6d. according to quality. Store Cattle—Three and four-year-old bullocks. £7 to £8: two and threeyear bullocks. £5 10s to £6 10s; yearling bullocks. £2 to £3 10s. FRUIT AND PRODUCE WORLD ReiUy’s report selling:— Per dozen —Spring cabbage, Is 6d to 2s 6d; cauliflowers, 3s to 6s; carrots, Is 3d; spinach, Is 4d; lettuce, choice, 2s to 3s, small 6d to Is 6d; eggs. Is to Is Id; local narcissi, 2d to 4d; anemones. 3d to 4d; hyacinths. Is to 2s; tulips, Is to 2s; asparagus, Outram, 18s; Christchurch asparagus. 6s to 9s: cucumbers, 10s 6d to Ms. Each —“ Champion ” egg crates. 24dozen. 17s 6d; fruit crates, 6s 6d. Per case—Californian lemons, 60s; grapefruit, 355; grapes—Red Emperors, 255; white Malagas. 255; Australian Valencias, to arrive October 20; ripe bananas, 28s; pines, to 20s; apples, Delicious 8s to 12s, Sturmers 7s to 10s, Tasma 8s 6d, Lord Wolseleys 7s 6d; cooking apples 7s; second-grade fruit, 4s to ss; pears, choice Winter Cole, 10s to 12s; cooking pears. ss: New Zealand lemons. 10s to 16s. Per half-case—Pears. Winter Cole and Nelis, 4s to 5s 6d. Per lb—Christchurch tomatoes, Is 8d to 2s s|d: green peas. 5d to 7d: local tomatoes, to 3s; new potatoes, local, 10d; artichokes. Id: kumeras, 3d; rhubarb, IJd; tea, Orange Pekoe, 2s 6d; cheese. sjd; butter pats. 9d to lOd; bacon, prime, lid: bacon and porker pigs, to 7d; over-weights, 4d: bulk honev Sid; beeswax. Is 2d: whitebait. 4s 6d. Per cwt —Californian onions, 15s; Canadian, 17s; oyster grit. 6s; woodwool, 265; potatoes. 4s to 6s; “ Vivus” and “ Viv o Veg” plant food. 18s 6d; seed potatoes, 5s to 12s. Olive oil. 12s gallon: Giraffp lime sulphur, Is 6d gallon; Semesan. 2oz 2s 3d. 11b 8s: Red Rose nicotine sulphate. 101 b 455, 21b 11s 6d. 11b 7s 6d. ilb 4s 6d; arsenate of lead, paste 9d to Is 3d, powder Is to Is 6d; red oil, 5s 6d: French Bordeaux, Is id: strawberry punnets. 63s per 1000. Fowl wheal. 5s to 5s 6d; partridge peas. 6s 6d: maize 8s: oats Gartohs. 3s to 3s 6d bushel: crushed oats. 9s 6d; X Keys meatmeal. 15s bag; pollard. £6 ss; bran. £6 ss; chaff, b. 0.5., £5 ton; buttermilk powder. 3Jd: Palmer’s fond 501 b 1 0s

Per pair—Poultry; Sixty-eight hens at 3s lOd to 7s lOd. 20 cockerels at 2s 6d to 8s lOd, 22 pullets at 6s to 8s Gd, 109 chickens at 6d to Is 4d per pair.

REILLY'S CENTRAL PRODUCE MART. LTD.. Moray place, Dunedin, C.l.

London— Buying. Selling £1 N.Z. to £100 stg T.T 124 124/10/ 0.4 123/10/124/8/9 Australia— £ A to £100 N.Z T.T 101 100/10/O.D 101 100/10/ FIJI — £ P to £100 N.Z. r.T 00/7/6 89 O.D. 90/7/6 89 New York— Dollars to £ N.Z. t. r 3.053 3.02 J O.D 3.97 3.92| Montreal— Dollars to £ N.Z. T.T. 3.95% 3.02% O.D. 3.90% 3.92S Austria— Schillings to £ N.Z T.T. 20.02 O.D. — 20.04 Belgium— Belgas to £ N.Z. T.T. 23.228 O.D — 23.230 Czechoslovakia— Crowns to £ N.Z T.T 110.11 0 1) — 110.10 Denmark— Kroner to £ N Z. T.T. IS.203 17,893 O.D. 18.203 17.903 France— Francs to £ N.Z. T.T. 84.14 O.D, — 84.18 Germany— Reichsmarks to £ N.Z .. .. T.T. 0.004 O.D. — 9.099 Holland— Florins to £ N.Z. r.T. 7.252 O.D. — 7.256 Italy— Lire to £ N.Z. T. T. , 74.43 O.D. — 74.48 Java— Florins to £ N.Z T.T. _ 7.226 O.D. — 7.230 Norway— Kroner to £ N.Z. T.T. 16.181 15.801 O.D. 16.241 15.901 Sweden— Kroner to £ N.Z. T.T. 15.785 15.490 0 D. 15.845 15.500 Switzerland— Francs to £ N.Z T.T. „ 17.010 O.D. — 17.021 Noumea— Francs to £ N.Z T.T. _ 82.77 O.D. — 82.83 Papeete— Francs to £ N.Z. T.T. 82.92 ' O.D. — 82.98 Hongkong— N.Z. pence to 1 dollar .. .. t. r. IS 15-04 18 47-04 O.D IS 13-04 18 23-32 India and Ceylon— N.Z. pence to 1 rupee .. .. T.T. 223 22 21-32 O.D. 22 11-32 22 41-04 Japan— N.Z. peace to 1 yen .. .. T.T. 17 17-32 O.D. — 17 33-61 Shanghai— N.Z. pence to 1 dollar .. .. T.T. 17 47-04 18 15-64 O.D 17 45-64 18 7-32 Singapore— N.Z, pence to T dollar .. .. T.T. 84 23-32 35 13-04 O.D 343 35 3-16 All rates subject to alteration without notice

(Per £ (Per £ N.Z.) N.Z.) Selling— Dels. Dels. T.T ,. .. 3.921 3.921 O.D .. .. 3,92| 3.928 Buying— T.T .. .. 3,953 3.958 O.D ., .. 3,97 3.96J