PRICES STEADIER

Dominion, Volume 32, Issue 232, 29 June 1939, Page 12

PRICES STEADIER

Australian Share Markets

BUSINESS MODERATE

By Telegraph.—Press Assn.—Copyright.

(.Received June 28, 8.50 p.m.)

SYDNEY, June 28. .Moderate business and fairly steady prices characterized today’s investment market on the Sydney Stock Exchange.

Morning sales included: Commonwealth Bonds. 3 per cent., 1948, £92 18/9: 3 3-8 per cent., 1949, £95/10/-: 3f per cent., 1942, £99/1/3; 3J per cent., 1949, £9B/5/-: 32 per cent.. .1951, £97 17/6: 3 7-8 per cent., 1954, £9B/17/6; 4 per cent.. 1941. £lOO/5/-: 4 per cent. 1944, £lOO/15/-; 4 per cent-., 1947, £lOl ; 4 per cent., 1950. £lOl/10/-; 4 per cent.. 1953. £lOl/16/3: 4 per cent., 1955, £lOO/2/6: 4 per cent., 1957. £lOO/7/6; 4 per cent.. 1959. £lOO/15/-; 4 per cent., 1961, £lOO/2/(5; Bank of New South Wales, £2B/12/-: Burns. Philp, 50/6.

FOREIGN EXCHANGES

Position Of Sterling By Telegraph.—Press Assn.—Copyright. LONDON, June 27. The following mean closing -rates on foreign exchanges were current today compared with those ruling on June 20: Par. June 26. June 27. N. York. dol. to £ 4.866 4.65] 4.68 9-32 Montreal, dot. to £ 4.866 4.69 5-16 4.69 7-10 Paris francs to £ 124.21 176 23-32 176 23-32

LONDON. J unc 27. Gulil.—£7/S/6 an ounce, line. Silver, —Spot, 1815-16'1. an ounce; forward. 18]d. On Netv Zealand Currency Basis

The Bank of New South Wales, YVellington, quoted the following rates for their purchases and sales of foreign exchange yesterday:— New Zealand Buying. Selling.

Gold Mining Returns The Grey Hirer dredge reports a eleanup of 158 J ounces from 88.308 cubic yards worked in 127 hours. H.M. Arcade Dividend The directors of His .Majesty’s Arcade and Theatre Company, Limited, Auckland have declared the usual interim dividend of 2 3-5 per cent, on preference shares, and an interim dividend of 3 per cent, on ordinary shares. In the last financial year, ended December 31, ordinary dividend was GJ per cent. (3 per cent, interim and 3J per cent, final). Ihe forthcoming dividends are free of social security tux. and will he paid on July 1.

Sales included : — d. 0 0 Bank of New South Wales Commercial Bank of Sydney £ 28 19 s. 10 2 Colonial Sugar •15 6 ' Howard Smith 0 19 7 British Tobacco ■ — 7 6 Tooth and Co. 12 3 Touheys Ltd 1 8 Australian Cons. Industries . 1 14 1A Australian Iron and .Steel, pref 1 3 7 6 G. J. Coles 12 0 Anthony Hordern 0 14 1 Woolworths Ltd 1 .1. 9 Hume Pipe 0 19 6 Standard Cement 1 1 0 Goldsbrough Mort, ex div. .. W. R. Carpenter 1 4 6 — 0 0 United Provisions 0 I 11 Mark Foy 0 16 4 National Bank. £10 paid ... 12 3 0 Ditto, £5 paid 6 0 6 Ditto, N.Z. delivery ... (> 0 0 Carlton Brewery 6 Burns, Philp * 10 6 Imperial Chemical, pref. .. 1 4 6 W. Atkins 1 Broken Hill Proprietary ... 3 0 6 Ditto, contr Au 11 9 North Broken Hill 2 3 6 Electrolytic- Zinc, pref - 11 3

MELBOURNE, June 28. Sales o» Hie Stock Exehai bourne today included : — ge of Mel £ s. d. National Bank. £10 paid . . 12 4 0 Com. Bank of Aust., prel. . 8 13 0 Associated News 0 18 6 Australian Cons. Industries 1 14 0 G. .7. Coles, rights 2 6 3 Broken Hill Proprietary ... 3 0 0 Broken Hill South 1 5 9 Loloma Mines 1 2 0

Brussels, bel. to £ 48.C11 27.52a 27.53 Geneva. frs. to £ J.l. J->) 20.77 20.775 Amst'dam, U. to £ 12.107 s.sn 8.82 3-16 Berlin, niks. to £ 23.43 11.67 11.G7 Clingen, knr. to £ 18.150 22.40 22.40 St’holm, knr. to £ 23.43 19.42 19.42 Oslo, kroner to £ 18.159 19.90 19.90 Llels’ki, inks. to £ 193.23 226.875 226.875 Madrid, pes. to £ o-j .. Lisbon, esq. to £ 100* 110.20 110.25 Milan, lire to £ 92 89 89 9-32 Athens, drac. to £ 0(0 547.50 547.50 Bucharest, lei to £ 813.GO G60 060 Belgrade, din. to £ 276.31 210 210 Rio de J., p. t< > mil. 4.99 211-16 2 21-32 B. Aires, p. to pesa 47.G2 20.21 20.21 M.Video. p. to peso 51 18 18 Calcutta, p. to rup. 18 17 29-32 17 29-32 Shanghai, p. to (lol. — —- LI. Kong, p. to dot. — 14 13-1G 14 13-16 Yo’hania, p. to yen 24.382 14 14 Batavia, fl. t ,o £ 12.107 8.S0 8.80

London . T.T. 124/7/6 125 £N.Z. t ,o £Stg. 100 ... O.D. 123/18/9 124/19/6 Australia T.T. 100/10/100 £A. to i £N.Z. 100 ... O.D. 100/10/100 Fiji .... T.T. 90 88/12/6 £ F. to 1(10 O.D. 90 88/12/6 South A fried .... T.T. 123/4/3 124/17/£N.Z. t o £S.A. 100 ... O.D. 124/17/New Yorl ; T.T. 3.7753 3.7320 Lol. to £N.Z. . O.D. 3.7803 3.7330 Montreal T.T. 3.7811 3.7412 Doi. to £N.Z. . O.D. 3.781® 3.7422 Belgium T.T. 22.241 21.931 Bel. to £N.Z. . O.D. 22.316 21.936 Denmark T.T. 18.1-10 17.830 Krn. to £N.Z. . O.D. 18.200 17.832 Finland T.T. 184.85 179.05 Mks. to £N.Z. . O.D. 1S5.25 179.15 • France . T.T. 142.98 140.48 Frs. to £N.Z. . O.D. 144.23 1.40.50 Germany T.T. — U.2 * 1 Mks. to £N.Z. . O.D. - 9.273 Greece .. T.T. 429.20 Drac. to £N.Z. . O.D. - 429.35 Holland T.T. 7.165 7.015 FIs. to £N.Z. . O.D. 7.205 7.017 Italv ... T.T. 70.94 Lire to £N.Z. . O.D. — 70.96 J a va ... T.T. 7.138 6.988 FIs. to £N.Z . O.D. 7.178 6.990 Norway T.T. 10.120 15.836 Krn. to £N.Z. . O.D. 16.1 SO 15.839 Noumea T.T. 145.48 138.73 Frs. to £N.Z. . O.D. 1-16.98 138.77 Papeete T.T. 144.88 138.88 Frs. to £N.Z. . O.D. 1-16.38 138.92 Sweden T.T. 15.751 15.456 Krn. to £N.Z. . O.D. 15.811 15.459 Switzerland T.T. 1(1.812 16.542 Frs. to £N.Z. . O.l). 16.912 16.545 Hong Kong T.T. IS 9-32 IS 21-32 X.Z. d. to Dol. . O.D. 18.1 IS 21-32 India am 1 Cevlon T.T. 22 13-6-1 22 31 -6-1 X.Z. d. to Hup. O.D 22 11-64 22 31-64 Japan .. T.T. 17 37-64 N.Z. d. to Yen .O.D. — 17 37-64 Manila . T.T. 31 XL 64 32 7-32 N.Z. d. to Peso O.D. 31 27-64 .‘>'2 i -32 Singapore T.T. 34 11-16 35 11-64 N.Z. d. to Dol. . O.D. 34 19-32 35 11-64 The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates yesterday on a New Zealand currency basis. They are subjebt to alteration wltliou notice. U.S.A. Canadian dollars.' dollars Selling(Per £ X.Z.) (Per £ X.Z.) T.T. 3.72 3-16 3.4 O.D. 3J2 7-16 3.738 ' Buying— O.D. 3.77 15-16 3.79J