LONDON COURSE OF EXCHANGE TUESDAY, SEPTEMBER 8TH, 1903 ---------------------------------+---------+--------------------- | | PRICES AS NEGOTIATED | | THIS DAY. | TIME. |---------+----------- | | FROM | TO +---------+---------+----------- Amsterdam, Rotterdam, etc. | Short | 12·06½ | 12·07¾ Ditto |3 Months | 12·3¾ | 12·4½ Antwerp, Brussels, etc. | ” | 25·37½ | 25·42½ Paris | Cheques | 25·17½ | 25·18½ Ditto |3 Months | 25·32½ | 25·37½ Marseilles, Lyons, etc. | ” | 25·32½ | 25·37½ Zurich, Basle, etc. | ” | 25·35 | 25·40 Hamburg, Berlin, and German Bank | | | Places | ” | 20·58 | 20·62 St. Petersburg |3 Months | 24¹⁵/₁₆ | 25¹/₁₆ Moscow | ” | 24¹⁵/₁₆ | 25¹/₁₆ Vienna, etc. | ” | 24·17½ | 24·22½ Madrid | ” | 34¼ | 34½ Other Spanish Bank Places | ” | 34¼ | 34½ New York | Demand | 48·6½ | 48·7[4] Ditto | 60 Days | 48¹¹/₁₆ | 48¹⁵/₁₆ Rome and Italian Bank Places |3 Months | 25·40 | 25·45 Lisbon and Oporto | ” | 42 | 42⅛ ---------------------------------+---------+---------+----------- [Footnote 4: This quotation is for £10, and is not now in use. The present mode of quotation is for dollars to the £ only—as 4·87.] The rates quoted in the table indicate the number of foreign coins given for one sovereign, with the exception of those on Spain, Portugal, Russia, and the United States. For Spain the quotation is the number of pence given for the peso, for Portugal the number of pence for a milreis, for Russia the number of pence for a rouble, and for America the number of pence for a dollar. In London all rates are quoted _as they are quoted at the foreign centres on London_, with the exception only of Spain, where London quotes so many pence to the peso, while Spain quotes piastres to the £1; Russia, where we quote so many pence to the rouble, and Russia so many roubles to £10; and New York, where we quote so many pence to the $1, while New York quotes so many dollars to the £1. With regard to the New York quotation, however, London now as frequently uses the quotation of dollars to the £1 as pence to the dollar.