AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXVI, Issue 23269, 11 February 1939, Page 9

AUSTRALIAN EXCHANGES

STEADY CONDITIONS SMALL PRICE VARIATIONS (Received February 10, 8.5 p.m.) SYDNEY, February 10. Conditions on the Sydney Stock Exchange to-day were generally steady. There was only a moderate turnover. Price variations were small. Business included: — £ s d Bank Australasia .. !) 0 0 Bank New South Wales . . 2!) 10 0 Commercial Banking Sydney 1!) 10 0 National Bk. A'asia (£5 i>d.) 0 7 0 Goldsbroilgh-Mort . . . . 10 3 Commonwealth Wool . . 0 14 0 Adelaide Steam . . .. 1 12 0 Associated Newspapers .. 1-1 l'/a Ditto *l4 0 Ditto (pref.) .. .. i n 0 Australian Glass . . .. 5 7 0 Ditto 5 8 0 British Tobacco .. . . 2 7 0 Broken Hill Pty 2 15 3 Ditto (con.) (N.Z. delivery) 2 3 0 Ditto 2 3 0 Colonial Sugar .. .. 40 17 0 David Jones .. .. 1 14 3 Drug Houses . . .. 12 3 Dunlop-Perdriau (pref.) .. 118 (i Edwards Dunlop . . .. 210 0 . General Industries .. .. 0 18 6 Howard Smith , . . . 0 10 4 J. Fielding .. .. 4 2 0 James Stodman .. .. 0 12 3 Kandos Cement .. . . 17 7 Mauri Bros. .. .. 3 7 0 Mcggitts 18 0 Millaquin Sugar . . 1 10 0 Morts Deck (N.Z. delivery) 014 10 Peters Ico Cream .. .. 210 0 Standard Cement 12 10% Taubman and Co. ~ .. 2 12 0 United Provisions .. .. 0 7 3 William Adams .. 015 0 Woolworths (Syd.) .. .. 13 0 Loloma .. .. .. l i 5 Mount Morgan .. .. 0 11 7 Ditto (pref.) .. .. 12 0 Commonwealth Bonds.-r-4 per cent, 1047, £lO3 7s Od; 1053, £103; 1059, £lO4 2s Od. MELBOURNE EXCHANGE Business on the Melbourno Stock Exchange to-day included:— £ s d Commercial Bank Aust. ~ 0 15 3 British Tobacco . . .. 2 7!) Broken Hill Pty 2 15 0 Ditto (con.) .. .. 2 3 3 Drug Houses .. .. 12 3 Dunlop-Perdriau .. . . 110 Herald and Times .. 3 0 0 Woolworths (Syd.) .. .. 13 3 Taranaki Oil .. .. 0 7 0 Mount Lyell .. .. 10 0 Mount Mqrgan .. .. 0 11 8 FOREIGN EXCHANGES FLUCTUATIONS IN LONDON British Wiroless LONDON, Feb. 0 The following rates on foreign exchanges are current, compared with the cabled quotations yesterday and par:— Feb. 0 Feb. 8 Par Montreal, dol. . . 4.71% 4.70% 4.800 Now York, dol. 4.08 IJ / lo 4.08% 4.80 Paris, fr. . . 177 177 170.00 Brussels, bclga.. 27.78% 27.71% 35.00 Geneva, fr. .. 20.00 20.00% '<5.22 Amsterdam, gr. 8.00% 8.00% 12.10 Milan, lire .. 80% 80% 02.00 Berlin, r.m. .. 11.08 11.07% 20.13 Stockholm, kr.., 10.40% 10.41 18.150 Copenhagen, kr. 22.40 22.40 18.150 Oslo, kr. . . 10.90 10.00 18.150 Prague, kr. . . 137 137 104.25 Helsingfors, mark 226% 220% 103.23 Madrid, pes. t f 25.221 Lisbon, escu. .. 110% 110% 110 Athens, dr. .. 547% 542% 375.00 Bucharest, lei... 000 000 813.0 Rio de Janeiro, m. 3%« d 3% R d . 5.89!) d Buenos Aires, pes. 20.37% 20.37% 11.45 Montevideo, dol. 18% d 18% d 51d Bombay, rupee. . 17 18 / 10 d 17 J % n d 18d Shanghai, dol.. t t Hongkong, dol. 14 1 % 0 d 14 15 /i«d Yokohama, yen 14d lid 24.58 d Batavia, gr. . . 8.08 8.08 12.10 Belgrade, din... 200 210 270.31 Warsaw, zloty.. 24.81 24.81 43.38 tNominal. NEW ZEALAND QUOTATIONS The Associated Banks (other than tho Bank of New South Wales) quoted tho following dollar rates yesterday, on a New Zealand currency basis, subject to alteration without notice: Selling: United States Canada T.T 3.72'%, 3.71% On demand . . 3.72"/,« 3.74% Buyins: On demand .. '3.~8 7 / tt 3.80% Following are the latest rates for purchases and sales of foreign exchange quoted by the Bank of Now South Wales, Auckland. They are subject to alteration without notice: To £1 N.Z T.T. On Demand Currency Selling Buying Sellins: U.S.A., dol. . . 3.7350 3.7813 3.7300 Canada, dol. . . 3.7558 3.8015 3.7508 Belgium, belga 22.120 22.514 22.134 Czecho'vakia, cr. 108.35 Denmark, kr. . 17.830 18.200 17.832 Finland. Fin. ms. 178.1)0 185.10 170.110 France, fr. .. .110.71 Germany, r.m. . 0.270 Greece, drachmae 420.20 Holland, fl. . . 0.014 7.101 G.OIO Italy, lire .. 71.010 Java, fl. .. 6.805 7.085 6.807 Norway, kr. .. 15.838 10.188 15.841 Noumea fr. .. 138.00 • 130.00 Papeete, fr. .. 130.11 ' — 130.15 Sweden, kr. .. 15.414 15.709 Switzerland, fr. 10.171 10.841 16.4(4 N.Z. pence to— Chefoo, dol. .. Nominal Hongkong, dol 18 13-16 18 13-32 18 13-10 India, rupee .. 22 41-04 22 3-04 .22 41-04 Ceylon, rupee 22 41-04 22 3-04 2241-01 Japan, yen .. 17 37-04 —. 1/37-01 Manila, peso Nominal Shanghai, dol. Nominal Singaporo. dol. 35 34 27-fa4 35 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 • London, pound .. 25 0.00 20 0.00 Australia, pound .. 1» 11.88 20 0.00 Fiji, pound . .. 22 5.66 20 0.00 Now York, dollar .. 5 4.07 4 1.31 Montreal, dollar .. 5 3.04 4 1.3 Paris, franc . .. 0 1.00 0 1.34 Berlin, reichsinark .. - 1.80 011 '1 Copenhagen, krone .. 1 1-39 1 1 - Yokohama, yen 1 0.50 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 Dieppe, Canada, dollars .. 4.00 City of Dieppe, America, dollars .. 4.07 Kaimata, Canada, dollars .. •• 4.71 Kaimata America, dollars .. .. 4.H7 Loch Don, Canada, dollars .. .. 4.71 Loch Don, America, dol nrs .. •. 4.08 Tasnian, Dutch East Indies, gulden .. S.Go GOLD STILL LOW QUOTATIONS IN LONDON LONDON, Feb. 0 Fine gold is quoted to-day at £7 8s 3-Jd an oz., compared with £7 8s 4d yesterday. Silver is quoted at 20} d an m. spot, and 19Jd forward, compared with 20id and IHiid yesterday. The quotation for silver at per fine oz. is 21 Id, compared with 21 11-lGd yesterday. Tho following is a summary of the fluctuations in the price an ounce of fine gold this year:— £ s d Highest price, January 4 . .. 710 5 Lowest price, February 0 .. 7 8 3/4 February 3 . . . . 7 8 7/i February 4 .. .. Z 5 Iw February 0 .. .. • • Z § . 3 February 7 7 8 4 February 8 Z 2 5./ February 0 7 8 3/, WHEAT IN CHICAGO CHICAGO, Feb. 9 Wheat. —May: G7J cents a bushel; July, G7-J cents; September, GB2 cents. CALL AND DIVIDEND LIST Dividends— Duo Mt. Morgan—pref., half-yearly, 8 p.c. p.a Feb. 15 Woolworths (Syd.)—int., 10 p.c. pref., 5 p.c.; 7 p.c. pref., 3% p.c. .. .-. .. 1' ob. 15 Queensland Nat. Bank —int., 4Vi p.c. p.a. .. . . • • r eb. 16 Dominion Investment —int., 5 p.c. p.a I'eb. 20 Bank X.S.W. —quarterly, Os a • share . . . . . .. Feb. 23 Emperor Mines—Od a share .. I'eb. 24 j Winchrombo Carson —int.. 3% p.c. Feb. 28 Elder Smith—int., 7 p.c. p.a. . . Mar. 1 Broken Hill South—int., Od a sharo Mar. 15 Electrolytic Zinc —ord and pref., int., 0 p.c. .. .. .. Mar. 17 Calls — Broken Hill Pty.—new, 5s a sharo Mar. 31 Burns, Pliilp—new, 5s a share . April 1