FOREIGN EXCHANGES

Otago Daily Times, Issue 23689, 22 December 1938, Page 15

FOREIGN EXCHANGES

ON NEW ZEALAND CURRENCY BASIS

All rates subject to alteration without notice DOLLAR RATES The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates yesterday on a New Zealand currency basis They are subject to alteration without

LONDON METAL MARKET t United Press Association I (Bv Elertrir Teleeranh Coovrletiti LONDON, Dec. 20.

LONDON STOCK EXCHANGE (United Press Association) (By Electric Telegraph—Copyright) LONDON, Dec. 20. Dalgety 4 per cent, debentures, £96 15s: British Tobacco, 3Cs 6d; Goldsbrough, Mort, 21 s 6d (nominal): Dalgety's, 106 s 3d (nominal): P. and O Deferred, 21 s 6d.

(British Official Wireless) (United 1 Press Association) (By Electric Telegrauh ConvriRht) RUGBY, Pec. 20. CarlsI'ar Doc. 19. Dec. 20. Francs lo £J 124.21 177 33-64 177 19-61 Brussels— Bels;a.«to £) SO 27.754 27.68 (»sli>Kroner lo £) 18.1M 19.90J 19.90J Stockholm— Kroner lo £1 18.130 19.42 19.42 ' npcnhagen— Kroner to £ i (8 ino 22.40 22.4(1 Herlin Murk? ft, £1 20.34 11.655 11.63J MontrealDollars to £1 4.8(1 2-3 4.713 4.71 Men YorkDollars to £1 4.*6 2-3 4.67J 4.664 Yokohama — Penrp tr rpti •(4.582 14 14 imnekone— Penre to rtotlat 24.5fr 15 15 Hombay— Pence to rupee _ 17 59-64 17 59-6-1 KatavlsFlnrins u £1 12.10 8.58 8.58 Milan Ure ti £1 12.48 88J 888 wnstprrlnn) - finllder to £1 12 in? 8.60 .8.584 I'rafftip Kroner to £ 1 104* 136 J 1364 'JenevaFranes to £1 25.224 20.661 20.615 ''•hllllnB!' to £1 X4.80J 264 264 Marks to £1 103.23 2265 2263 Madrlrlt'pspta. 'o £1 25.224 — — Ki'iL'rarteninars to £1 25.221 209 209 AthensDrachmas to £1 375 5475 5474 Escmln» to £1 no 1105 1101 HNcharest Lei »o £ 1 931.6 660 660 ttlo riV latielro— p enop to mllrels 5.890 3 1-16 3 1-16 "iienoc Ah-ps-Penep to peso* 47.22 20.655 20.571 ■'hantrhat* — Ppnre to tael _ 85 85 Montevideo— Penrp to peso? _ 181 181 Warsaw— Zlotvs to £1 - 24.75 24.75 •Nominal

The Bank of New South Wales. Dunedln quoted the following rates for purchases and sales of foreign exchange yesterday :— London— Ruvlnn "Si'Mliii £1 N.Z to £100 If 2 r.T 124/10/ 125/-. on 124/1/3 124/19/6 Australia— £ 4 to £100 N.Z T.T 100/10/ 100/-/ 0.0 100/10/ 100'-/ F1J1- £ P to £100 N.Z n 90/-/. 88/12/8 on no/-/ 88/12/6 New Vork— Hollars to £ N.Z T.T 3.7020 3.7130 O.l) 3.7070 3.7140 Montreal— Hollars to £ N.Z r.T 3.8030 3.7428 o.n 3.8117 3.7438 BelelumBeleas to £ N.Z T.T 22.424 21.884 on 22.499 21.889 I'zp'-lmslorakla— Koruna? to £ N.Z. .. .. T.T. _ 107.07 on — 107.09 Denmark— Kroner to £ N.Z r.T 18.218 17.686 o.n 18.278 17.688 I'Mnlatid— Marks to £ N.Z T.T 186.15 176 O.I) 186.55 176.10 r'rance— Francs to £ N Z TT 145.41 140.41 on — 140.43 flermany— Relohsmarks to £ NZ .. .. T.T. — 9.147 on — 9.149 Greece— Drachma to £ t'.T 418.68 N.Z .. .. on 418.83 HollandFlorins to £ N Z T.T 7.010 6.761 on 7.056 6.763 Italy— Lire to £ N.Z TT 70.40 o.n — 70.42 Jara— florins to £ N.Z r.T 6.990 6.730 on 7.030 6.732 NorwayKroner to £ N.Z r.T 16.201 15.704 on 16.261 15.707 Noumea — Franc? to £ N.Z r.T 150.41 136.91 on — 136.95 •'upe-ete— Francs to £ N Z T.T 149.21 137.21 on 137.25 Swpden — Kroner to £ N.Z T.T 15.833 15.331 on 15.893 15.334 Switzerland — Francs to fl N.Z r.T 16.776 16.311 o.n 16.881 16.313 i hetmi— Z pence to 1 r.T dollar .. .. on _ HongkoriE— V Z pence to l r.T 18 7-16 19 3-32 dollar .. .. on 18 13-3: 2 19 3-32 mdln ind Ceylon— '/. pence to I r.r 22 9-64 22 41-64 nipep on 22 7-64 22 41-64 tapan— ' v '/■ nence to 1 r.T _ 17 23-32 yen .. on _ 17 23-32 Manila — v 7. pence to 1 r.r _ peso .. .. on — - v 1 nence to ) r.T _ dollar .. .. on _ _ Singapore— v 7. pence to 1 r.T 34 29-64 35 19-64 dollar .. .. on 34 25-64 35 19-64

notice:— U.S.A. Canada (Per £1 (Per £1 N.Z.) N.Z.) Dols Dols SeiJine— T.T. .. .. 3.70? 3.74 7-16 O.D. .. .. 3.71J 3.74 11-16 Buyine— O.D. .. .. 3.76J 3.80 1-16

The following are the official metal quotations:— Ton £ s. d. £ s. d. Copper, spot .. 43 14 4i Rise 0 5 0 Copper, forward 43 18 1J Rise 0 3 9 Electrolytic, spot 49 10 0 Fall 0 5 0 Electrolytic, for50 0 0 No change Wire bars 50 0 0 No change Lead, spot 15 0 0 Fall 0 0 7J Lead, forward .. 15 3 1£ No change Spelter, spot 13 13 U Rise 0 13 Spelter, forward 13 15 7J Rise 0 13 Tin, spot .. .. 213 17 6 Rise 0 5 0 Tin. forward 215 2 Oz 6 Rise 0 8 9 Silver, standard 20Ad No change Silver, fine .. 21 11-lGd No change