EXCHANGE RATES.

Auckland Star, Volume LXVII, Issue 195, 18 August 1936, Page 4

EXCHANGE RATES.

I NEW ZEALAND QUOTATIONS. J Following are tlie 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

JAVA RATE. LONDON, August 17. Batavia, 7.30% florins. GOLD AND STERLING. LONDON, August 17. Gold is quoted at £6 18/5 per ounce. The American dollar is quoted at 5.02% dollars to the pound sterling and the French franc at 76 5-16.

4 THE AUC FINANCE, COMMERCE AND MARKETS, j s °-thernexchange ON 'CHANGE. j THE LATEST quotations. to " day in «CHRISTCHURCl ! BANKS— Buyers. Sellers. FA|R ACT | V |TY SHOWN. business is fair. ! Kn£i£ sia .:::::: :: 12/ Sl — l;ngl?sh'tna (1 Scoitish - " %t/0 BAXK OF NEW ZEALAND LOWEI National of N.Z. ... 3/2/6 .. 3/3/6 SOME LINES IMPROVE. : .National A'sia 13/13/0 .. — I -Nat. Asia icont.) .. 0/17/6 .. — < B y Telegraph.—Special to "Star.") _ 7" New i 1 !?'!.;." l/iu/o 1/19/0 CHRISTCHUKCH, this day. P. AND 0. S JUMP. Union of Australia . 9/6/0 .. 9/9/0 Miscellaneous and mining shares mon INSURANCE— polisetl attention on Exchange this mor Following a busy call yesterday after- National IS/3 .. 18/5 ' n 6> when fair activity was maintained. noon, business on the Auckland Stock New Zealand 3/2/0 .. 3/3/0 Values were at late rates, though a sn Exchange waa quiet this morning. South British 4/9/9 .. 4/11/0 1)v i se was reported in business in Bank The banking section looked better, with Standard J/1/0 .. — New Zealand scrip at a drop of 9d, more buyers than for some time. Aus- " £1 19/, the market closing uncertai tralasias sold 1/ up, at £11 18/, and with buyers and sellers at £1 ai Commercials were quoted higher from 18/ Doni. Investment and _ 19/(5 respectively. to 18/3. Buyers for New South Wales Banking Assn. .... — .. 17/0 Banking and Insurances were dull, b & moved up 2/6, to £32 10/; 110 sellers. Ae\y ' \ uct ' J/* LiMi i'/s/o " — shipping provided the bright spot in Zealands were steady from £1 19/0 to £2. AuO. & $«}{ ™ _ strong buying demand of £1 12/ for . Buyers for South British advanced their Farm. (A pref.) 1/2/0 .. — and O. deferred, 110 sellers responding, offers 6d, to £4 9/6, sellers asking £4 Farm. A net. (B pref.) 1/1/0 .. —- In miscellaneous issues Coies, with tl IV- (Joldsbrough, Mort. . 1/11/3 .. 1/11/9 market lacking a knowledge of what w Gas shares were ottered Id lower, at Newton King ...... 0/3 .. i/O be (]one with tlle pl . op osed increase £1 3/10. ' -Z. and ltiver 1'iate WO •• capital were quiet, .only 50 shares sellm A feature of the call was a sharp rise m v k Li ? £ 3/0 " °^/ 0/0 and the market closing, buyers £4 4 P. and O. deferred stock, buyers moving " Fal . m m pref) — " 15/0 sellers £4 4/6. Amalgamated Wircle up from £19/6 to £1 12/ without attract- x' ra ders' Finance ... — .. 15/0 (14/ paid) had the strongest inquiry f. ing any declaration from holders. Trad. Finance (cont.) 4/2 .. 4/6 some time, the market closing from i Amongst Australian issues buying offers Trad. Finance (pref.) — .. 19/0 19/ to £0. I I 011 anc l Steel lost 4d, bi for Tobaccos were advanced to £2 0/10, United Build. (Auck.) 1/0/0 .. 1/1/6 otherwise quotations were firm. and for Colonial Sugars to £42 15/. . , The mining section was more acti 1 G. J. Coles steadied again, and after a *-«««- than usual, Big Rivers coming in f< sale 6d lower, at £4 4/, there were still Grey Valley — .. W0 attention at unaltered rates. Gillespie buyers at that figure. Kaitangata 1/1/0 .. Beach (cum dividend) were wanted at 1/ In Government stocks the only offering 1 ukemiru — •• 1 ( sellers 1/5. Sulphide Corporations we: was a parcel of '46's at £104. Kenown (pref!) ".'.'.'.'. 2/10 !! *3/1 considerably stronger. Bank of New Zealands Lower. Taupiri j-ViO .. WJj A reduction of 3d in the value of Bank Westport 11 1/2/6 — (By Tele S ra P h -—Press Association.) of New -Zealand shares following the Westport-StoclVtoii"1/3 ! 1/9 CHKiSTCHURCH, this day. recent steadiness, was the feature of the Sales—Australian Iron and Steel (pref. noon cal . 1 here was iurther scrip avail- GAS— £15/3; Broken Hill Proprietary (1." able at the new figure, and buyers stopped Auckland 1/3/6 .. l/a/io p a m) t £2 14/10; G. J. Coles, £4 4/3; 13 at £1 19/. This is the lowest figure re- Auckland (cont.) — •• lS/b j»i vert i>/i (2 parcels);, Brian Born, oifi corded by Bank of New Zealand shares ' Maori Gully, 7Jd; Mount Morgan, 13/11. for a very long time. Commercials had SH,PP .. - /f>/r ?r V r ™iiiholders' quotations raised Id. ' Devouport lerry .... 1/1/0 .. 1/-/6 £110/; Big Kiver, -/l . Mount Lj ell, £ rr^b,el tme r tS ™ f h <? SCCt^° n Hudlirt.Parter'1/1T/3 'unlisted.—Macetowh, 3Jd. up 3d, wliile Ne'w lealanclsliad revised . (P f! 1/1 !! X/ %% _ CHKISTCHURCH, Monday limit* of 9/ iurl -PS '?/« v , J i/n l/fl Commercial Bank (pref.), £9 2/( limits ot t J i/ and ±.3 6/t>. North. Steam, (cont.) I/O .. l/o fi nn;1 1 i?,,,,1- of New Zealand £3 3/ Among industrials there was a strong P. and O. (def. stock) 1/1-/0 .. — National Insurance, 18/3; Kauri Timbe demand for Australian issues, offers being £1 4/5, £1 4/8; Kaiapoi Wool (17/ raised for Australian Glass, British To- T!MBER — 15/4; Dominion Breweries, £1 9/( baccos, Broken Hill and Electrolytic Bartholomew — • • l/O/b 35,.Tobacco, £2 0/11 (2 parcels), £ Zincs. Coles appeared a shade easier. Timber — .. 1 /*'}» i/.(2 parcels); Broken Hill Proprietar; New Zealand securities were neglected. 33/G !.' 13/0 7/7 (nrfi Wilsons had quotations reduced 3d on Rotoiti — •• 'V<5 £2°3/8 (2 parcels) ; G.' J. Coles, £4 4/i both sides. Taupo, Totara 10/6 .. 10/11 £44/; Mount I.yell, £1 9/7; Eastbourn ' , Taupo Totara (pref.) 18/6 .. — 13/12/40, 4J per cent, £102. SALES COMPLETED. T 14/9 .. 15/9 WELLINGTON, this day. Sales. —Commercial Kan'k, 18/2 ; Gold WOOLLEN— brougli, Mort, $£ 1 11/0; Australian Glas AT THE 3.15 P.IVl. CALL YESTERDAY— 7 , -,r' /0 l6/0 £4 11/0; New Zealand Insurance, £ Kaiapoi .... lo/O .. 2/6; New Zealand Breweries, £^12/ Last Sale. " — - 10/0/0 Broken Hill, £3 14/9; G. J. Coles. £ Bank X.S.W. .. 32 12 6 .. 32 15 o Oaimiru — .. V2/0 4 / u - WELLINGTON, Monday. TTnlon Bank ... 9 7 6 .*.' 9 S 0 kreweries Stock, 15/3/39-43, 3i per cent, £ 1( Golds., Mort. .. 1 11 4 . . 1 U 30* " v 1/q/O — 10/; Union Bank, £9 S/ ; South Brills Aust. Glass ... 4 11 6 .. 4 11 C o' r 1 nrotV" 1/3/0 " 1/4/0 Insurance. £4 9/3 (2 parcels); Gold Aust. Iron, Steel Vi'mn' Pram lw " 1'9/0 " 1/10/0 brough, Mort, £1 11/4 ; Australian Glass (pref.) 1 5 6.. 1 6 3 Dom. Bieuenes .... l/->/0 •• £411/9. Consol. Brick .. 0 9 30 .. 0 9!) N.Z. Breweries T/i</r " DUNEDIN, this day. p nn «nl Rrick O <111 O 0 1.) Staples 1/14/6 .. — XJUiii-mn, i«i» uuj. G J. Coles ..:: 4 4 6 :: 4 4 6 Toohey-s 1/12/3 .. - Sale Reporter-Associated News (pref.) Y7 \Wcnaripr«; ° O fi ° 0 fi Tootll S .. -/ £1 3/10J. Bonds 1946 49? 4 105 35 0 104 5 O Mlcrcl , nnlPOU ,_ £ Aft" the CalL-Bank of New Zealant T)om. Breweries 1 9 6.. 1 9 6 IWISCELLANEOUS „ 1 lj/3 (- parcels). Robinson's Ice . 1 2 0.. 1 2 0 Aust. Glass 4/11/3 .. 4/11/.). DUNEDIN, Monday. UNLISTED. BeHel l lszf teellP ! 2/15/0 " - 7 Bank of New Zealand (D Mort.) £. Ak. Trot. Club, ' Brmsh ( Tobk-co •:::: 2/1/0 i! 2/1/6 8/0; G. J. Coles, £4 4/6; Mount Lyell 1039-44. GJ ... 101 5 0 .. 101 5 0 Broken Ilill Yty. .. 3/14/6 .. : »/lo/0 £1 J/0. Woolworth (Syd) 5 13 0 .. 5 16 6 Broken Hill l*ty, con 2/14/0 .. 2/15/0 at THE 10 A.m. CALL TO-DAY— Burns', Philp (South 3/!o/o .. AUSTRALIAN EXCHANGES. Bank of A'sia . 11 IS 0 .. 11 17 O Vtrt 1/19/6 " — Aust. Glass.... 4 11 3 .. 4 31 6 By croft. Ltd. ....-. 1/19/b .. ; " :: I: ' T0DAY ZL SVDNEY ' :: 105 - 0 AT THE 1218 P Wl CALL TO-DAY— Electro. Zine 2/1/0 .. 2/T/9 Sales on the Sydney StocK Excliang AT THE 12.18 p.m. CAwL Electro. Zinc (pref.) . 2/3/3 .. 2/3/6 tins morning: — Bank of N.Z. .. 1 19 6 .. 1 19 9 Farm. Trading 18/10 .. 19/0 £ s. d. Trad. Finance , . Farm. Trad. (A pref) 1/-/0 .. 1/3/0 Bonds, 31, 1948 9o 10 0 (cont.)' 0 4 4 .. 0 4 0 Farm. Trad. (B pref) 1/1/0 .. ,, 4, 1959 ...... 101 7 0 Taupo Timber . 0 30 8 .. 0 10 0 Gear Meat 16/0 .. 1/0/0 Australian Gas, A .... i 10 6 Aust. Glass 4 11 3,.. 4 11 J. 0 , T Coles .... 4/3/9 .. 4/4/0 Tooth's Brewery 2 13 9 Mt. Morgan 0 14 0 .. 0 14 O c;i . ev and jienzies .. 11/9 .. 12/9 Associated News, pref. 1 3 10i Upper Watut .. O 6 O .. 0 0 J Henry .Tones — .. ,2/4/0 British Tobacco, pref. . ISO j Hill and Plummer .. — .. 1/2/3 Dalgety •■••• 8 19 0 tvptpp«t '' RATES "Herald" & "Weekly Dunlo'p IS 3 INTEREST Times" 3/S/O .. 3/9/0 Duulop, pref. • 1 4 4J Hume Pipe (Aust.) .. — .. 1/0/9 Goldsbrougli, Mort ... 1 12 0 .. ,, K.D.V. Boxes (cont.) . — .. 5/0 Howard Smith IS 9 The return to the investor on his outlay, Lewis Eady (pref.) . 14/0 .. — It. Fowler 14 10 based upon the latest dividends, works McKendriek Bros. .. — .. 1/3/6 out as follows on the latest sales. When McKendriek Bros, pf — .. 3/3/6 YF<5TFRnAY"5 RI1<5IMF<5<5 Government stocks are included, the Macky, Logan 19/6 .. 1/0/9 YESTERDAYS BUSINESS. calculation provides for redemption at Milne a °* d Chc g£* " 14/0 " o/ maturity. When - payment is made in <0 e V stock) — 15/0 ' ' '1 . SYDNEY, August 17. steriing, exchange is added. In the case Morts ' Dock 10 /0 11/0 Conditions on the "Sydney Stock of local body issues1 io also made New Auck. Laundry . — .. 1/0/0 Exchange to-day were on the quiet side for 20 per cent interest reduction.— Drug ..... 3/12/0 .. —. Most leading industrials continued firm PER CENT PER ANNUM. . fertiliser .... .. i/u/» and there was a d demand for G j £ s. d. Nil Rrfrlg (cont!)": 9/3 .. > : 9/8 Coles. Sales included: - Bank of AusBank of New South Wales .. 3 13 North. Roller Mills . 1/4/0 .. 1/6/0 tralasia, £12 3/; Commercial Bank oi Union Bank 3 5 10 Palmer, Collins and Sydney, £20 6/; Bank of Xew South Bank of Australasia ,3 17 4 Wliitaker 1/7/6 .. — Wales, £33 7/6; Australian General Ini % » «. :: "%! SST',!'/' 1 d J Coleq 2 19 (» S i L i , '% -iq/«) 3/6; Golasbrough, Mort, £1 12/; Howard New Zealand Newspapers .. 2 19 3 Sharland (pref.) 1/1/0 Smith, 18/9; Tooth's Brewery, . £2 13/9, Dominion Breweries 4 8 2 Taranaki Oil 1/1 •• 1/° Toohey e, £1 13/3; Anthony HorKobinsons Ice_ ..... 5 0 1 Thames Theatre .... 7/0 .. 14/0 dern, 19/, ..(pref.) £1 3/; Australian Glass, Stock, lo/6/o2-o5, 4 p.c. .. 3 11.0 . TJn i on oil 1/11/0 .. — £4 12/3; British Tobacco, £2 1/0; Berlei Bonds, lo/4/46-4J, 4 p.c. .. 3 J 8 wairakel 5/0 .. —• ■ (pref.), £1 9/; Broken Hill Proprietary, tSubject to English incccne tax. Whittome. Stevenson — -• £3 15/9, (15/ paid) £2 16/; Colonial j i"" -WO " 5/9/0 Sugar, £43 2/6; G. J. Coles, £4 5/6; Henry . LONDON QUOTATI'ONS. Wno wo?th (Syd ) 2nd " Jones . £2 3 /> Morris, Hedstroin, £1 5/9; pref. ....... ...... 1/5/3 1/6/3 llorts Dock, 10/6; Woohvorths, £5 15/; /Received 11am) Woolworth (Vic.), pf — .. 1/10/0 Emperor, I0/IOV2; Loloma, £14/6; Mount 1 ' Lyell, £1 10/1%; North Broken Hill, £9 LONDON, August 17. MINING— 5/6. Commonwealth bonds: 1944, 4 per Mount Lyell, £1 3/6; New Guinea, 4/. Alexander (15/ paid) 13/6 .. 16/0 cent, £102 2/6. Argo — Trend in Melbourne. rsinnJxvnfJr 1/13/6 I! — On tlie Melbourne Exchange bonds were UNOFFICIAL STOCK. I 16/3 .. — easier. Industrials were steadier except j ' Gillespie's Beach ... 1/4 .. 1/6 for some profit-taking in G. J. Coles. There s Rnuono Coiioro Golconda Holdings .. 0/8 .. I/-. was a strong tone in Barrier and Fijian Buyers. sellers. Go]den Grown ...... — •• 5/0 6tocks _ Sales included:—Kauri Timber, ifc&cffirci'S' 1/1/0 - &S"SSS :::::: KS :: »» 1/4/39-44, 6i p.c. ..' 101/0/0 .. 102/0/0 Martha 17/0 .. 13/0 £\ 14/6; Electrolytic Zmc £2 2/, (prcf.) Brit., Dom. Invest. . — .. 8/0 Mataki 1/1 •• £2 3/10/4; G. J. Coles, £4 5/; Herald British Neon 14/0.. 1/0/0 Mataki Junction ... — .. 3/.) and "Times," £3 9/3; Hume Pipe, £10/9; Cranwells — .. 2/0/G N.Z. Crown —- •• ~/t> flyers, £1 15/9; United Provisions, 13/6; Dom. Breweries (prf) 1/9/0'.. — Okarlto 3/0 .. — _Br 0 ken Hill South, £5 17/; Emperor, ( -, C LS re «i _ •• fis/n/n M. k iP pers „ 8/3 9/6 16/6; Loloma. £1-4/10%; Mount Lyell, John Fuller, 1949. 6$ — •• 83/0/0 lalismgn o/j> •• -. n , 0 £i 10/1% • ATnnnf "\rnro-in 14/* "Wnrfh Kent's Bakeries, TVaihi Invest and Exp 9/10 .. 10/3 10/1%, Mount Morgan, 14/, 30/6/44, 7} — .. 90/0/0 Grand Junction 3/o .. 3/7- Broken Hill, £9 7/; Zinc Corporation, Lanz Laboratories .. — .. 1/2/6 North Broken Hill . J/O/O .. £4 2/. Loyal — .. 15/0 Mt. Lyell l/9/« •• V10/0 Loyal (pref.) ..••■••• — .. 19/0 Mt. Morgan 13/10 .. / CVr*l_: If* IT njiTrp M.K. Millinery — .. 2/12/6 Tavua Gold Dev. ... — .. 2/4 nATES. Murray Deodoriser . — •• 12/6 Upper Watut 5/9 .. C>A> Napier Brewery .... 1/1/0 .. — Kapler Woollen ..... — ., 1/0/6 GOVERNMENT BONDS— NEW ZEALAND QUOTATIONS. Isational Tobacco ... — •• jj/b/u 33 dc .. 101/0/0 .. — N.Z. Perp. Forests . 2/16/0.. 3/0/0 v rMO 4 nc 101/2/6 !! — N.Z. Tlmberlands (£25 r/'VftMG 4 iVc.' .103/10/0 .. — Following are the latest rates for purbonds) — •• 18 /9/? 14/4/40 40 4 u c 105/10/0 .. — chases and sales of foreign exchange, N.Z. Woolpack 4/0 .. 0/6 1 4 n'c' ' ' 105/10/0 .. — quoted by the Bank of New South Wales. Reld (N.Z.) Rubber I0/6/0--00, 1 p.c xoo/j-w/u Auckland. They are subject to alteration Mills (15/ paid) .. 17/0 .. — ,, xnr „ without notice:— Selfridges (Aus.), old. * , a , a "ASCRIBED STOCK , n „, n/A To £1 N.Z. On Demand. issue 1/5/3 .. 1/6/6 Mar., 39-43, 3A p.c. .. 103/0/0 .. — Currency. T.T. Buying. Selling. Selfridges (Aust.), 7/6 Nov., 38-52, 3i p.c. .. M/O .. U.S.A.. dollar .. 4.023 4.073 4.03} P™* 1 /iR/n '' 2/1/0 ?r Cpt " l?'-f' 1/ S f "" 103/0/0 " _ Canada, dollar . 4.02 j 4.07S 4.03-3 1/16/0 .. 2/1/1 M a y 30-o2, 3| p.c. .. 103/0/0 .. Austria, sch. ..20.92 - 20.94 South Auck. Flax .. — .. .'*/£ lo/ll/38-41, 32 p.c. .. i0}/0/U .. •RAlo-inm 23 824 °3 835 South West. Estates . 10/0 ... 14/0 15/1/37-40, 4 p.c 101/2/6 .. ~ r. Slovakia cr ' 96 74 96 70 TlprofE — .. 2/4/0 15/2/43-46 4 p.c 103/12/6 .. 104/0/0 C.-blovakia cr . »o.(i) Woolworth (Syd), ord 5/14/0 .. 5/15/6 15/4/46-49, 4 p.c 105/10/0 .. — p-ranee frine 6104 — 6108 •• - " 5/ l/<0 15/6/52-55, 4 p.c 105/10/0.. - ! 9.002 _ Harakpkp " " " (m , otrc Holland, florin . 5.895 — 5.899 Walkoromikn — " rt/7 DEBENTURES— T florJn rj. s37 _ 5 . 8 G1 Walkoromiko _ 0/7 CUy of Auck i a nd. Norway, kroner . 15.892 10.242 15.002 1/1/44 104/0/0 .. — Sweden, kroner . 15.480 15.844 15.499 nni/ri/nnr. City of Auckland, i/vs/n/n Switzerland.fr. . 12.292 — IS'-? 7 PUKEKOHE PRflD OF 1/1/44-52 104/10/0 .. 106/0/0 Xoumea. franc . 59.67 —• ;i9.(3 * Walrere P.B.. 1/12/64 103/0/0 •• 10T/"V0 papeete, franc . 59.83 — 59.8S Kaikolie 1/11/62. 33 — ..100/10/0 N nenoe t0 _ Mt. Albert, 1/1/63 .104/10/0 .. 108/0/0 Hongkong, <Jol. . 10 1-1G 17 31-32 10 1-32 J FAIR demand™ ONIONS. ..««*• "SSJt***-. nam {From Oar 0„ 100,0/0 .. - ■" SS llT-V Sfb PUKEKOHE Mondav Entrican, 30/9/41 •• 08// Singapore, dol. . 35 31-64 34 15-84 35 lo-32 a j? • i Z. Booth - Macdonald,