AUSTRALIAN STOCK EXCHANGES
MARKETS REOPEN ON EASIER NOTE Falls substantially outnumbered rises yesterday in a cautious opening of the Sydney share market after the .Easter recess. Sales.—Commercial Bank Sydney, £2O 14s; Bank N.S.W., £37 2s 6d; Tooths, 69s 9d; Amalgamated Wireless, 26s 3d; Ampol, 8s 2d; Australasian Paper, 18s Anthony Hordern, 19s 3d; A.C.1., 435; British Tobacco, 34s 6d; Broken Hill Proprietary, 41s; Burns Philp, 57s 6d; Courtaulds, 20s; Drug Houses, 33s 6d; Dunlop, 28s 6d; Fairymead Sugar, 36s 6d; General Industries, 32s 3d; G. J. Coles, 17s; Colonial Sugar, £45; Felt and Textiles, 25s 6d; Howard Smith, 31s 6d; Mount Lyell, 20s Bid; Mount Isa, 40s 3d; South Broken Hill, 51s 6d; Mount Morgan, 23s 3d; Oil Search, 2s 6d. MELBOURNE The investment market of the Melbourne Stock Exchange opened on an easier note yesterday, and a moderate turnover was recorded. Sales.—Australia and Nev/ Zealand Bank, 38s 8d; National Bank, 12s 6d, paid, 18s and 20s; paid, 29s 6d. Australasian Paper, 18s Id; A.C.1., 42s 6d; BJi.P., 41s; Bradford, 345; British Tobacco, 345; Dunlop, 28s sd; Electrolytic Zinc, 265; Felt and- Textiles, 26s 3d; G. J. Coles, 17s; Gordon and Gotch, 21s; Howard Smith, 31s 3d; Broken Hill South, 51s 3d; North Broken Hill, 635; Mount Morgan, 23s 3d; Oil Search, 2s 4d.
FOREIGN EXCHANGE RATES Latest telegraphic -transfer rates as advised by the Bank of New South Wales are as follows:
Buyers. Sellers. N.Z. on London— £N.Z. to £100stg. 100/7/6 101 New York— Doi. to £1 N.Z. .. 2.8120 2.7800 Montreal— Doi. to £1 N.Z. .. 2.7602 2.7245 Australia— £A. to £100 N.Z. .. 124/10/9 124 Fiji— £F. to £100 N.Z. .. 111/11/9 110/4/3 Western Samoa— £S. to £100 N.Z. .. — 100 South Africa— £N.Z. to £100 S.A. 99/14/0 101/5/6 Belgium— Francs to £1 N.Z. 142.19 137.90 Denmark— Kroner to £1 N.Z. 19.57 18.89 France (Metropolitan)— Francs to £1 N.Z. 994.80 967.23 Holland— Guilder to £1 N.Z. 10.64 10.39 Norway— Kroner to £1 N.Z. 20.21 19.54 Sweden— Kroner to £1 N.Z. 14.68 14.34 Switzerland— Francs to £1 N.Z. 12.19 11.94 Ceylon— N.Z. pence to rup. 17 29-32 Hong Kong— 18 13-32 N.Z. pence to dol. 14 43-64 15 17-64 India— N.Z. pence to rup. 171 182 Pakistan— N.Z. pence to rup. 252 26 25-64 Singapore— N.Z. pence to dol. 272 28 45-64
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Bibliographic details
Press, Volume LXXXIX, Issue 27011, 10 April 1953, Page 13
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379AUSTRALIAN STOCK EXCHANGES Press, Volume LXXXIX, Issue 27011, 10 April 1953, Page 13
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