FOREIGN EXCHANGES

Dominion, Volume 33, Issue 188, 6 May 1940, Page 12

FOREIGN EXCHANGES

Position 0! Sterling By Telegraph.—Press Assn.—Copyright LONDON, May 3. The following mean closing rates on

LONDON, May 3. Gold.—£B/8/- an ounce, line. Silver.—Spot, 21 l-10d. an ounce; forward, 22}d. New Zealand Exchanges Telegraphic rates of exchange, New Zealand on the overseas' centres mentioned, were quoted on Saturday by the Bank of New South Wales as follows:—

Dow Jones Averages (By Telegraph.—Press Assn.—Copyright.) (Received May 5, 7.10 p.m.) NEW YORK. May 4. Dow Jones averages (1926 equals 100) and turnover on the New York Stock Exchange today are as follows: —

Highest in 1939: Railroads, 35.90 (September 27); industrials, 151.22 (September 12). Lowest in 1939: Railroads, 24.15 (April IS) ; industrials. 121.4 (April 8).

Stock And Share Indices

(By Telegraph.—Press Assn.—Copyright.)

LONDON, May 3. Todav’s stock indices compiled by the “Financi .1 Times” with previous quotations are (October 15 1926. equals 100) : Govt. Home Indus- Gold sec’s. Rails, trials, mines.

foreign exchanges were current today:— Pae. May 3. New York, dol. .. to £ 4.866 •1.03 .Montreal, dol to £ 4.866 4,43 Paris; francs to B 124.21 17*»if Brussels, bel Lo £ 48.611 23.925 Geneva, francs ... to £ 25.225 17.90 Amsterdam, florins to B 12.107 i .53a Berlin, marks to £ 23.43 . — Copenhagen, knr. to £ 18.159 — Stockholm, knr. . to B 2.1.43 16.90 Oslo, kroner lo £ Is. 129 — Helsinki, marks • to B P.13.23 —. .Madrid, pes to £ 2,>.225 — Lisbon, esc to £ 1(M> 110.25 .Milan, lire to B 92 68.50 Athens, drac to £ 37o 346 Bucharest, lei .... to £ 813.60 — Belgrade, din to £ 276.31 —■ Bio de J., p. to mil .... 4.99 B. Aires, p. t 0 peso ... 47JJ2 17.175 .Monte Video, p. to peso al — Calcutta, p. to rup. . i.. IS IS Hong Kong, p. to dol. . — 14 29-32 Shanghai, p. to dol. ... — 3 7-64 Yokohama, p. to yen .. g-J.uS'-' 16 11-64 Batavia, florins to £ .. 12.107 7.44/7.54

On. z Buying 3.2542 Selling. New York, (lol. to £N.Z. 3.2050 Montreal, dol . to &N.Z. 3.0033 3.5290 Belgium, bel. .. to <£N.Z. 19.421 18.930 France, frs. .. .to£N.Z. 142.01 140.70 Greece, drac. . . to£N.Z. — \ 424.70 Holland, liorins to £ N.Z. 6.154 5.904 Italy, lire . ...to£N.Z. — 52.94 Java, florins ..to£N.Z. 0.130 5.910 Switz'land, frs. to £N.Z. 11.532 14.1'80 11. Kong, N.Z.d. to dol. 18J IS 59-64 India and Ceylon. N.Z.d. 22 49-64 Japan, N.Z.d. to yen .... Manila, N.Z.d. to peso .. 36 9-16 21 9-32 37 7-16 Shanghai, N.Z.d. to dol. — 411-16 Singapore, N.Z.d. to dol34 41-64 3u 41-64

20 Railroads. i 30 ndustrials. Shares sold. Feb, 8 ... 31.-16 148.40 870,000 M a r. 6 ... 31.01 147.97 860,000 Apr. 2 ... 30.59 147.92 830,000 Apr. 7 ... 32.OS. 151.10 700,000 Apr. 10 ... 31.20 149.59 1,290,000 Apr. 11 ... 31.2S 149.98 890,000 Apr. 20 ... 30.60 147.67 720,000 Apr. 23 ... 30.75. 148.93 880,000 Apr. 24 ... 31.00 148.45 850.000 Apr. 25 ... 30.07 148.56 820,000 Apr. 27’ ... 30.73 148.12 350,000 Apr. 29 ... 30.74 148.41 570,000 May 2 ... 30.66 147.76 650,000 May 4 ... 30.89 147.55 320,000

Feb. 5 ■ .. 109.2 52 95.8 190.4 Ma r. 1 . .. 109.9 54.1 101.6 195.9 Apr. 1 . .. 108.6 55.5 98.2 196.1 Apr. 8 . .. 108.8 56.1 99.1 198.5 Apr. 16 . .. 108.1 54.2 9S.1 196.1 Apr. 22 . .. 108.7 53.5 96.5 195.2 Apr. 23 . .. 108.7 54.1 96.7 196.7 Apr. 24 . .. 109.7 55.8 96.5 199.6 Apr. 26 . .. 110.1 tHJ. 4 96.8 197.9 Apr 29 . .. 110.3 55.3 96.4 197.6 Apr. 30 . .. 110.7 Oil.o 96.2 197.9 May 2 .. . 110.0 54.8 96.2 198.8 May 3 . .. 111.1 54.7 95.9 199.5