FOREIGN EXCHANGES

Dominion, Volume 33, Issue 186, 3 May 1940, Page 12

FOREIGN EXCHANGES

Position Of Sterling By Telegraph.—Press Assn.—Copyright. LONDON, May 1. The following mean closing rales on foreign exchanges were current today:— Par. May 1.

LONDON, May 1. Gold. —£B/8/- an ounce, line. Silver.—Spot, 217-l Gd. an ounce; lurward, 22 1-l Gd.

New Zealand Exchanges

Telegraphic rates of exchange. New Zealand 011 the overseas centres mentioned, were quoted yesterday by the bauk ol New South Wales as follows.

Australian Share Markets

By Telegraph—Press Assn. —Copyright. (Received May 2, 9.15 p.m.) SYDNEY, May 2. The wheat market is quiet with supplies short. Silo export grain is quoted at <l/a bushel and bagged a 1.4 /3 ; lionr, , V. 12 10/- a ton; bran and pollard, iu/10/-; potatoes. Tasmanian, £l2; others, £lO 10/-; onions, Victorian brown, 112, white £lo’ maize, vellow, 4/7 a bushel, white, 4/9.

TODAY’S BERTHAGE LIST. Queen’s Wharf—Storm (No. 1 north). Pakura (No. 1 south), Tamahine (No. -li, Kohi (No. 5), To Arolia (No. 5), Futurist (No. 7), Arahura (No. 12), Echo (No. 13), Talisman (No. 13). Ferry Wharf—lt align tira. Railway Wharf —Foxton. Kartigi. King's Wharf —Inalia, Hawera, Canberra Maru. ■ Plpltea Wharf —Taupata, Karu. Fryatt Quay—Tamahine. Taranaki St. Wharf —Holmdale. Miramar Wharf—Foxton. Patent Slip—Maunganui, Maori. BY TELEGRAPH. CO AS TAJ,. THURSDAY, MAY 2. AUCKLAND. Arrived.—Hauturu (noon), from Pieton ; Kaimai (2.50 p.m.), from Westport; Waimarlno (8 p.m.), from Wellington. Sailed.—Kakapo (4.20 p.m.), for Wellington. NELSON. Sailed. —Arahura (7.30 p.m.), for Wellington, MOTUEKA. Sailed. —Taupata (1.30 p.m.), for Wellington. LITTLE WANGANUI. Sailed.—Te Arolia (7 a.m.). for Wellington. WESTPORT. Arrived.—Kalmiro (3.10 p.m.), from Wellington. GREYMOUTH. Arrived.—Gabriella (9.10 a.m.), from Wellington. DUNEDIN. Arrived. —Port Whangarei (7.30 a.m.), from Wellington. To Sall—Port Whangarei (8 p.m.), for Timaru; Wainui (11.30 p.m., for Oamaru. CANBERRA MARU DUE TODAY, To discharge Japanese cargo and to load for Japan, the O.S.K. Line motor-ship Canberra Maru is duo at Wellington this morning from Auckland, and will berth a', tlie King’s Wharf. From here she will proceed to T.yttelton, thence to Japan. The Federal Company are the agents. ITALIAN SHIPBUILDING. Fifteen merchant vessels, aggregating nearly 100,000 tons, are at present under construction in Italian shipbuilding yards on foreign account. These include four on order for Rumania, three eacli for. the United States and Mexico, two for Norway, and one each for Yugoslavia, Holland, and Sweden. Some 25 merchant ships, totalling 1(11,000 tons, have been built in Italian shipyards on the Adriatic during the' third quarter of 1939. Ten of these ships were built for foreign Governments and shipping firms. The 35,(100-ton battleship Impero, built in less than IS months, was launched recently. Signor Mussolini laid the first plate of the keel in May, 1938. •

New York. dol. .. to £ 4.866 4.03 Montreal, (lol to £ 4.866 4.4u Paris, francs to £ 124.21 1< og Brussels, bel to £ 48.011 23.S25 " ■ o 17.90 Amsterdam, florins to £ 12.107 7.353 Berlin, marks • ■ • • to £ 23.43 —— Copenhagen, knr. to £ 18.159 Stockholm, knr. . - to £ 23.43 10.90 Oslo, kroner to £ 18.129 — Helsinki, marks • to £ 193.23 — Madrid, pes to £ 25.225 — to £ UK) 110.25 to £ 92 09.00 Athens, drac. .... to £ 375 340 Bucharest, lei .... to £ 813.00 — Belgrade, din to £ 27G.31 — Rio de J., p. to mil .... 4.99 —• B. Aires, p. to pesa ... 47.62 17.175 .Monte Video, p. to peso 51 — Calcutta, p. to rup 18 18 Hong Kong. p. to < Joi. . — 14 29-32 Shanghai; p to dol .. —- ‘H Yokohama, p. to yen .. 24.582 lb o-b-l Batavia florins to £ .. 12.107 7.41/7.3

On. New York, dol. to g N z. Buying. Selling 3.2050 Montreal, dol . to Belgium, bel. .. to a: n.z. 3.6039 19.341 3.529'j 18.850 France, frs. ... to .EN.Z. 142.(11 140.70 Greece, drac. ..to N . Z. — 424.70 Holland, florins to c x.z. 6.154 .>.964 Italy, lire ....Io Java, florins ..to ,43 N.Z. 6.130 53.34 5.910 Swilz’land, Crs. to it. Kong, N.Z.d. 1 c'x.z. o dol. 14.532 181 14.180 IS 59-64 India and Ceylon. N.Z.d. 22 5-32 22 19-64 Japan, N.Z. <1. to yen ... Manila, N.Z.d. io peso .. 30 U-1U 37 7-16 5 13-16 shntii'bai. N.Z.d. to dol. —— Singapore, N.Z d. to dol. 31 41-64 35 41-6-1