AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXIV, Issue 22774, 7 July 1937, Page 9

AUSTRALIAN EXCHANGES

SYDNEY MARKET STRONGER 4 TARANAKI OILS ACTIVE (Received July G, 7.3.1 p.m.) SYDNEY, July 0 The trend of the market was stronger on the Sydney Stock Exchange to-day. Sales included: t. £ s d Bank New South Wales . . 31 li> o Commercial Banking Sydney 22 2 0 Nat. Bank A'sia (£5 paid, N.Z. delivery) . . .. 7 10 (1 Queensland National Bank .. oil o Tooths Brewery .. .. 2 l.j 0 Anthony Hordern .. .. o lit ~V 3 Associated Newspapers .. 1 2 ij British Tobacco .. Id () Broken Hill Proprietary .. 4 2 <i Ditto . . . . I :t <i Dunlop-Perdriau . . . . 1 in Felt and Textiles .. .. I is g G. J. Coles .. .. r> so Cirenter J. D. Williams .. n 7 '2 Henry Jones . . . . 2 So J. Fielding . . . . . . 4 2 0 Mark Foy . . . . . . 1 .1 G Millaquin Sugar . . . . 22 it Morts Dock . . . . . . o i:j G Sargents .. .. .. I i:t :t Standard Cement .. .. II 17 G Taranaki Oil . . . . 0 4 lo WaKus Shoes . . . . o IS (i Broken Hill South . . .. 2 !» (i Emperor . . . . . . o i.i o Larut Tin . . . . o Jii :t Kuala Kampar . . . . 11l Mount Morgan . . 0 12 G Hawanp Tin (N.Z. deliv.) .. 0 12 ."i Commonwealth Bonds.—l per cent, 10,' iS, i'lol Ss IKl; 1011, £ 102 10s; I!) 11, £lO3 7s (id; 10.V1, £lO2 17s (id. MELBOURNE EXCHANGE The Melbourne market generally was quiet, with u light turnover. Broken Hill Proprietary and Olympic Tyres showed an improvement and banking stocks were in demand. Taranaki Oils were active in dealing up to os. Business included: , T , £ s d Nat. Bank Asia (£5 paid) 711 0 Ditto (£lO paid) .. 3.1 2 (I Goldsbroutfh-Mort .. .. 1 3.1 » Howard Smith . . . . 1 2 G Carlton Brewery . . . . ;[ ;j i; British Tobacco . . . . lo O Broken Hill Proprietary 4 :i 3 Cox Brothers . . 0 IS It Dunlop-Perdriau . . L :s u Ditto tpref.) . . 117 1! Felt and Textiles 1 IS (i (i. J. Coles . . . . . . .17(1 General Motors .. 117 Gordon and Gotch . . 2 14 Olympic Tyres .. 2 14 (i Taranaki Oil . . o 4 <i Broken Hill South 2 8!) Emperor .. .. o 1.l 0 Loloma . . . . . . o to <; North Broken Hill a 13 o

FOREIGN EXCHANGES FLUCTUATIONS IN LONDON Birtish Wireless RUGBY, July 5 The following rates on foreign exchanges are current, compared with the cabled quotations on July ;} and par: July 5 July 3 Par Montreal, dot. .. -1.1)5% <1.05% <1 ,is<;<i New York, dol. -I.})-1%« <l.ol°/,„ <I.SO Paris, fr. .. T_'Sv, a 125% 105.00 Brussels, belga.. 20.37 Vi 35.00 Geneva, fr. .. 21.i;0% i.< 25.'22 Amsterdam, gr. 8.oo'; / a s.ooli .12.10 Milan, lire . . !i:i J, /; 12 02.00 Berlin, r.m. .. 12.33'/S 12.32' i 20.13 Stockholm, kr... in.HoVi 1 i 5.150 Copenhagen, kr. 22. 10 2'2.-lo Oslo, kr. .. Io.DO lo.no 18.150 Vienna, sell. . . 'JiiVi 2<5 l /i 31.55"> Prague, kr. .. Ml/, 111% 101.25 Helsingfors, mark 220' / e 220V0 Madrid, pes. . . s."if 551 '_'s. , _"_ , l Lisbon, cscu. .. :noy ia i ioy, 8 110 Athens, dr. .. 517 1 / a MT'/j 375.00 Bucharest, lei... 070 070 813.0 Rio de Janeiro, m. -IJid* IVid" r>.Bnod Montevideo, dol. 3!(%d* 30% d* 51 d Bombay, rupee.. l.sd .1 B<l 1 ,S'd Shanghai, dol.. . l tV,<,d l-l 13 Hongkong, dol, l-l'y, R d M'Vuil Yokohama, yen 13 31 / 3a d 13 3, / 32 d 21 ,58d Batavia, gr. ~ . s<o« S.!)S 12.10 Belgrade, din... 210 210 270.31 Warsaw, zloty.. -JO. 15 20.15 <13.38 tXominal. 'Sellers. NEW ZEALAND QUOTATIONS The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates yesterday, on a New Zealand currency basis, subject to alteration without notice: — Selling: United States Canada On demand . . 3.!)7 3.s»7Vi i .1. . . . . *4.00/ jo 3.0 i'/ l9 Buying: On demand .. <l.Ol/"i* <l.Ol 3 S Following are the latest rates for purchases and sales of foreign exchange quoted by the Bank of New South Wales, Auckland. They are subject to alteration without notice: To £1 N.Z. T.T. On Demand Currency • Selling Buying: Selling U.S.A., dol. .. 3.005-1 <1.0113 3.0001 Canada, dol. . . 3.0707 <l.Olßl 3.07-17 Austria, sch. . . 20.51 Belgium, belga '23.-17:2 Czecho'vakia, cr. 11'2.0 L Denmark, kr. . 17.803 15.2G3 37.800 France, fr. .. 101.35 Germany, r.m. . 0.833 Holland, fl. . . 7.182 Italy, lire .. 75.30 Java, fl. .. 7.157 Norway, kr. .. 15.80-2 10.2<12 15.808 Sweden, kr. .. 15.180 15.8-1-1 15.-105 Switzerland, fr. 17.31-1 Noumea, fr. .. 101.00 ' Papeete, fr. .. 101.55 N.Z penrc to— Hongkong, dol. 18 20-01 17 03-0-1 18 20-01 India, rupee .. 22'21-32 22 11-32 22 21-32 Ceylon, rupee . 22 21-32 22 11-32 22 21-32 Japan, yen . . 17 15-32 Shanghai, dol. 18 3-32 17% 18 3-32 Singapore, dol. 35 13-01 3-1% 35 13-01 Chefoo, dol. .. 18 15-0-1 17 0-10 18 7-32 Manila, peso . . 30 21-32 30 1-10 30 21-32 The cost in New Zealand currency of the pound sterling, and of the principal overseas units, on the latest quotations, is as follows:—

Present Price Par s (I s d London, pound .. 21 10.05 20 0.00 Australia, pound .. 3!) 30.81 2() 0.00 Fiji, pound . .. 2'J 5.00 20 0.00 New York, dollar .. 5 <1.35 *1 1.31 Montreal, dollar .. 5 0.21 '1 1 ,!11 Paris, fane . 0 •_'.:!() 0 2.28 Berlin, rcichsmark . 'J 0.2 L 0 11.71 Copenhagen, krone 1 1.03 1 1.22 Yokohama, yen .. 1 5.38 2 0.08 CUSTOMS EXCHANGE RATES Finally declared rates of exchange ruling at the date of departure of vessels named are shown in the following table: — City of Shanghai, America, dollars .. 4.5)1 City of Shanghai, Canada, dollars .. <1.5(1 H.iuraki, America, dollars . . . . -J.!»."> Mariposa, America, dollars .. .. 4.5(5 Mariposa, Canada, dollars . . . . 4.03 GOLD AND SILVER QUOTATIONS IN LONDON (Received July 0, 0.5 p.m.) LONDON, July 5 Fine gold is quoted to-dav at £7 Os Gil an ox., same as on Saturday. Silver is quoted at 193 d an oz. s|)ot and 19 15-1(3(1 forward, compared with 192 d and 19 10-lGd on Saturday. 'J'lie quotation for silver at per fine oz. is 21 7-lGd, same as on July 2. The following is a summary of tho fluctuation in the price per ounce of fine gold this year:— £ s d Highest price, March n ..7 2 7% Lowest price, April 30 ..7 0 3 June, 211 7 0 0 June 30 7 0 9 July 1 7 0 0 July 2 7 0 0 July 3 7 0 0 July 5 7 0 G BRITISH WAR LOAN (Received July G, 0.5 p.m.) British Wireless RUGBY, July 5 War loan, 3i per cent, was quoted at £99 16s 3d, compared with £99 15s on July 2. CALL AND DIVIDEND LIST Dividends— Mt. Morgan—int., 4V a d a share July 10 Hume Pipe (Far East) —10 p.c. July 12 Nemona—l(l a share .. . . July 12 Cambridge Clothing—int., prcf., ai'd ord., 3 p.c. p.a. .. July 1C Woolworths (N.Z.)— ord., int., 5 p.c. . .. .. •. July 15 Smith and Smith —prcf.. 2'/ 3 p.c. July 31 NZ Insurance —final, Is a share Aug. 10 Farmers' Fertilizer—op.c. .. Aug. 10 a <!!rey River —2nd, Is 3d a share July 11 Austral N.Z. Mining—2s a share July 2L