FOREIGN EXCHANGES

Evening Post, Volume CIX, Issue 43, 20 February 1930, Page 12

FOREIGN EXCHANGES

LONDON, 18th February,

On. the Stock.'Exchange to-day quotations of shares of Australian arid New Zealand banks and other corporation debentures compare with previous quotations as follow:—.

United Press Association—By Electric Tele-

. srapU—Copyright. (Received 20th February, 10.30 a.m.) CANBERRA, This Day. The Federal Government lias decided to' renew the wine-export bounty, which has been increased from Is to Is 6d per gallon. This is regarded as likely to stimulate the export trade. . . TALLOW MARKET. Messrs. Dalgety and Company report, London, 19th February:—"Tallow market unchanged. There will be no public sales next week." The New.Zealand Loan and Mercantile Co., London, reports:—"Tallow: We quote present c.if., and c. values for the following descriptions of tallow: Fine mutton, 39s per cwt; good beef, 38s 6d; .mixed, 36s 6d. Market quiet." At 6th February prices were the same except for mixed, which was 375. RETAIL PRICES FALL. Brittah Official Wireless. LONDON, 19th February. At Ist February the average level of retail prices was approximately Oi per cent, above that o£ July, 1014, as compared with the. average for one month, and (55 per cent, one year ago. The fall in percentages since Ist January was mainly due to reduction in the price of eggs, butter, and. fcb. '

'■: ' British Official Wireless. . RUGBY,'isth. February. , ■■TKe ( following rates on foreign exchanges are current to-day, as compared with the cabled, quotations, on 13th February and par. . IStliFeb. 13th Feb. Par. New York, dollars to. £ ........ 4.85 5-16 4.S0 7-32 4.S66 Montreal, dollars to £ ........ 4.S87s 4.90% 4.SC6 Paris, francs to to £ 124.21 124.15 124.21 Brussels, belgas to £ .'. 34.90 34.89% 35.00 Geneva, francs to £ 25.10% 25.20 25221-5 Amsterdam, flrs to £. ........ 12.11% 12.12% 12.107 Milan, lire to £ 92.90 02.00 52.46 Berlin-, marks to £ 20.37, 20.86% 20.43 Stockholm, knr. £ 18.12% 18.13% 18.159 Copenhagen, kur. • to £ 18.16 18.10% 18J59 Oslo, knr. to £.. 18.18' 18.21 18.159 Vienna, schillings .to £ 34.51% 3152% 34.58% Prague, knr. to to £ IC'4% 104% '- 164-.25 Helsingfors, marks to £ ...'..... 193% 193% 102.23 ' Madrid, pes. to £ ............ '39.00 ■ 34.62% 25.221-5 Lisbon, escudos to : £ . ..... 108%' 108% — Athens, drach. to £ ............ 375 375 375 Bucharest, lei to £ 818 818 S13.6 Kio de Janeiro, pence to milreis 5% 515-32 5.SS9 Buenos Aires, pence to dollar . 42 5.16 431-16 47.577 Calcutta, pence to rupee 17% 17 29-3218 Shanghai, pence to tael 23%- 23% — Hong Kong, pence to dollar ......... 18% 1854 ; — Yokohama, pence to yen 24% 24% 24.58 Batavia, fl. to £ . — 12.13 12.107 LONDON STOCK EXCHANGE PRICES.

■ ■ 4th Feb. ■ 18th Feb. Banks. , £ s. d. £ s. d. Australasia 10 12 G 11 15 0 N.S.W. (ex. div.) .. 36 10 0 37 10 0 Union 10 1 3 10 18 9 1 National of N.Z 0 6. 3 6 3 9 Bank of N.Z., 4 p.c. guai\ stock .-0310 0 M 0 0 Bank of N.Z. shaves 2 l(i 0 2 16 0 N.Z. Loan and Mercantile first niort. 4 p.c. debs , 7"- 15 0 73 0 0 N.Z. Loan and Mer- : . 4 cantile ord. stock '108 10 0 10S 10 0 . AUSTRALIAN WINE BOUNTY.