COMMERCIAL

Southland Times, Issue 25305, 7 June 1935, Page 3

COMMERCIAL

FOREIGN EXCHANGES. (British Official Wireless.) (Rec. 5.5 p.m.) Rugby, June 5. The following mean closing rates of foreign exchanges were quoted to-day

ON NEW ZEALAND CURRENCY BASIS. The Bank ot New South Wales quoted the following -ates for its purchases and sales on overseas currencies yesterday (all rates subjected to alteration without notice):— New Zealand On Buying Selling

THE DOLLAR AND THE FRANC. (United Press Assn.—Telegraph Copyright.) London, June 5. The dollar stands at 4.94 J and the franc at 75j to the £ sterling. BRITISH WAR LOAN. (British Official Wireless.) (Rec. 5.5 p.m.) Rugby, June 5. The 3| per cent, war loan is quoted at £lO5 18/9. RETAIL PRICES OF NEW ZEALAND MEAT IN LONDON. # The New Zealand Meat Producers’ Board has been advised by its London manager that the following retail prices were being quoted for New Zealand lamb and mutton retailed in London during May, 1935. These prices represent a fair average of the prices quoted by the better class shops in London for the best quality of New Zealand lamb and mutton: — New Zealand Lamb.—Legs lljd; shoulders 10£d; loins 10£d; necks 6d; breasts 3d; forequarters 71d; hindquarters 10 Ad. New Zealand Mutton (wethers).— Legs BJd; shoulders 7Jd; loins 7£d; necks 4d; breasts 3d.

compared with par:— Par. To-day. Paris, f. to £ 124.21 75 11-64 New York, dol. to £ 4.866 4.95J Montreal, aol. to £ 4.866 4.943 Brussels, belgas to £ 35 29.13 Genev4 fr. to £ 25.221 15.181 Amsterdam, fl. to £ 12.107 7.321 Milan, lira to £ 20.43 60 13-16 Berlin, rmk. to £ 20.43 12.20 Stockholm, kr. to £ 18.159 19.391 Copenhagen, kr. to £ 18.159 23.391 Oslo, kr. to £ 19.159 19.901 Vienna, schgs. to £ 34.585 26.1 Prague, kr. to £ 164.25 118 9-16 Helsingfors, m. to £ 193.23 2261 Madrid, pesetas to £ 25.2215 36 5-16 Lisbon, escudos to £ 110 noi Athens, dr. to £ 875 514 Bucharest, lei to £ 818.6 490 Belgrade, dinars 276.31 218 Rio de Janeiro, p. to milreis 8.892 41 Buenos Aires, p. to dol. 45.577 15 Montevideo, p. to dol. 57 398 Bombay, pence to rupee 19 181 Shanghai, pence to dol. 20 5-16 Hong Kong, p. to dol 28 11-16 Yokohama, p. to yen. 24.57 141 Batavia ■ — 7.251

London— £N.Z. to £100stg. T.T. » O.D 124 123/10/ 124/10/- - 124/8/9 Australia— 101 100/10/£A to £100 N.Z. T.T. O.D. 101 100/10/Fiji— £F to £100 NZ. T.T. 90/7/6 89 O.D 90/7/6 89 New York— 4.003 3.96J Dollars to £1 N.Z. T.T. O.D. 4.02J 3.972 Montreal4.00 it 3.97 Dollars to*£l N.Z. T.T. O.D. 4.02 3.972 France 61.07 59.77 Francs to £1 N.Z. T.T. O.D. 61.37 59.82 Noumea59.02 Francs to £1 N.Z. T.T. 62.02 O.D. 62.42 59.07 Papeete— _ 62.02 59.02 Francs to £1 N.Z. T.T. O.D. 62.42 59.07 BetgiumBelgas to £1 N Z. T.T. O.D. 23.103 23.118 GermanyReich marks to £1 9.602 N.Z. T.T. — O.D. —— 9.607 Italy— 47.68 Lire to £1 N.Z. T.T. —— O.D. —— 47.72 Switzerland12.429 12.029 Francs to £1 N.Z. T.T. O.D. 12.504 12.039 Holland--5.770 Florins to £1 N.Z. T.T. 6.020 O.D. 6.070 5.774 Java5.754 Florins to £1 N.Z. T.T. 5.979 O.D. 6.029 5.758 ’ Japan N.Z. pence to 1 17 13-16 yen T.T. — O.D. •— Shanghai— N.Z. pence to 1 24 13-32 25 23-32 dollar T.T. O.D. 24 9-32 25 21-32 India and Ceylon— N Z. pence to 1 22 23-32 rupee T.T. 22 3-8 O.D. 22 1-4 22 21-32 Hong Kong— N.Z. pence to 1 36 29-32 dollar T.T. 35 27-32 O.D. 35 23-32 36 27-32 Singapore— N Z. pence to 1 dollar T.T. 34 9-32 35 7-32 O.D. 34 5-32 35 5-32 Sweden— 15.458 Kroner to £1 N.Z. T.T. 15.788 O.D. 15.828 15.468 Norway— 15.870 Kroner to £1 N.Z. T.T. 16.200 O.D. 16.240 15.880 Denmark— 17.878 Kroner to £1 N.Z. T.T. 18.208 O.D. 18.248 17.888 AustriaSchillings to £1 20.43 v NZ. T.T. — O.D. 20.45 Czechoslovakia— 94.05 Crowns to £1 N.Z. T.T. 1 O.D. — 94.10