STERLING AND DOLLAR

Evening Post, Volume CXX, Issue 141, 11 December 1935, Page 14

STERLING AND DOLLAR

(By Telegraph.—Press Assn.—Copyright.) (Received December 11, 10 a.m.) LONDON, December 10. Sterling exchange, London on New York, 4.93 dollars. I . Dollars. December 9 4.93 December 7 4.92 5-8 December 6 4.93 December 5 4.93_December 3 4:93 November 30 4:93 1-16 November 1 ....'. 4.91 -J October 1 4.90 15-16 September 2 4.9515-16 August 1 4.9511-16 July 1 9.94 7_i6 June 1 4.92£ May 1 4.83g April .30 4.83.V March 1 4.8313-16 January 1 4.94 3.16 DOLLAR RATES.. The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates today, on a New Zealand currency basis They are subject to alteration without notice:— . • . U.S.A. Canada. (per £1 (per £1 N.Z.) N.Z.) 0 ... Dols. Dols. Selling— T.T. 3.95 i 3.99g On demand 3.95J 4.00_ Buying— On demand 4.00_ 4.04J THE FRENCH FRANC. (By Telegraph.—Press Assn.—Copyright.) (Received December 11, 10 a.m.) LONDON, December 10. . Sterling exchange on Paris, 73 3-14 francs to £1. The rate on December 9 was 74J. GOLCONDA HOLDING DIVIDEND. A net profit of £787, compared with £1507 in the previous year, is shownin the second annual accounts 06 Golconda Holdings, Ltd., Auckland, for the period ended November 30. A final dividend of 5 per cent, is recommended, which, with-two similar interim payments, makes 15 per cent, for the year.

(By Telegraph—Press Assu.—Copyright.) SYDNEY, December 10. On the Sydney Stock Exchange today there was more activity and tlie tone of the markets was fairly strong. Ketail company shares attracted attention, but there was little doing in the I gold snare department. i Salesi-^BanK of l\ew South Wales, £32 15s; National Bank of Australasia! £5 paid, £7; United Insurance, £11 12s 6d; Mercantile Mutual Insurance, 28s 9d; Associated News, 24s 6d; ditto, pref., 235. 7£d; British Tobacco, 39s 6d; Tooths, 55s 6d; Australian Glass, 84s 6d; Dunlop-Perdriau, 16s; Australian Gypsum, 18s 4id; Newcastle Gas, A, 13s 3d; ditto, B, los 4d; Goldsbrough Mori, 32s 3d; Winchcombe Carson, 3Us 6d; Millaquin Sugar, 365; Fairymead Sugar, 39s bd; Farmers, 27s 6d; Anthony Hordern, 19s 10_d; Sargents, 23s 6d; Meggitts, 23s 9d; Richardson and Wrench, 30s- j Claude Neon, 54s 3d; Pitt, Son, and Badgery, 39s 6d; Woolworths, first pref., 39s 6d; Wunderlich, 21s 6d; United Provisions, 12s 6d; Automatic Totes, 20s 3d; Howard Smith, 18s 9d; Mount Morgan, 36s 3d; Mount Lyell, 21s; Broken Hill Proprietary, 58s 3d; South Broken Hill, £6 Is; North Broken Hill, £8 18s; Zinc Corporation 79s 6d; Rawang Tin, 8s 9d; New Occidental, i4s 6d; Tavua, 3s 6d; Emperor, 16s 3d; Mataki, 3s 9d. MELBOURNE, December 10. Stock Exchange sales today included:—Commercial Bank of Australia, 18s 3d; National Bank of Australasia, £5 paid, £7; Herald and Times, 63s 6d; British Tobacco, 40s; Gordon and Gotch, 465; G. J. Coles, 65s 6d; Loloma, 33s 9d; Emperor, 16s 8d; Koroere, 8s 3d; Enterprise, 70s.

WEDNESDAY, DECEMBER II, 1935, j Morning Call. Buyers. Sellers. £ s. J. £ s. d. N.Z. Govt. Loans— 4 p.c. Ins. Stk., 15/1/ 1937-40 102 2 6 — 4 p.c Ins. Stk., 15/2/ 1M3-46 104 0 0 104 15 0 4 p.c ins. Stk., 15/4/ , 1916-49 101 0 0 101 15 0 4 p.c ins. Stk., 15/6/ ! 1952-55 107 0 0 — 4 per cent. Bonds, 15/ 1/1937-40 102 2 6 103 0 0 4 p.c. Bonds, 15/2/ 1943-46 104 0 0 101 15 0 4 per cent. Bonds, 15/ 4/19W-49 101 0 0 105 0 0 4 per cent. Bonds, 15/ ! 6/1952-55 107 0 0 — ;5 p.c Rural Bonds, 15/9/1947 102 10 0 — Local Bodies Debentures— Makerua Drainage, iVi p.c, 1/8/59 — 101 5 0 Other DebenturesAmalgamated Brick & Pipe (Wgtou.) ... — 101 10 0 BanksAustralasia 11 0 0 11 7 6 Comm. of Aust. (ord.) 0 17 9 0 IS 0 Comm. of Aust. (pref.) — 9 15 0 E.S. and A — 5 12 0 New South Wales .. 32 2 6 — New Zealand .. 2 7 9 2 8 6 Reserve Bank of N.Z. 5 16 6 5 19 6 Union of Aust 9 19 0 — Financial— Dalgety and Co S S 0 S 12 0 Goldsbrough Mort aud Co * 1 11 10 1 12 3 N.Z. Guarantee Corp. 0 4 11 0 5 3 Wgtn. Trust Loan .. 5 10 0 5 17 6 Gas— Christchurch 1 15 9 — Napier (£5) ' 5 2 0 — InsuranceNational of N.Z. ... 0 19 2 0 19 8 New Zealand — 3 3 9 Queensland 2 14 0 2 17 0 South British 4 11 9 — Meat PreservingGear Meat * — 13 3 N.Z.. Refrig. (10s) ... 0 10 7 — TransportUnion Steam (pref.) . 17 6 18 6 WoollenPrestige, N.Z. (pref.) — 12 9 Wellington (ord.) ... 5 15 0 6 3 6 Wellington (pref.) ... a lo 0. — Coal— Westport - Stockton (pref.) 0 2 6 — Timber— Bartholomew 0 16 9 0 IS 0 kauri * 1 3 10 14 3 Leyland-O'Bi'ien ... — 130 Rotoiti 0 6 0 0 7 3 Rotoiti (pref.) 10 6 — Taupo Totara (ord.) . 0 S 9 — Breweries— Carlton 2 11-6 ' 2 13 9 N.Z. Breweries * 2 13 0 Tooth and Co * 2 14 !) _ Sunshine 0 2 7 . MiscellaneousAnthony Hordern .. 0 19 3 _ Aust. Glass 4 2 6 43 9 Brit. Tobacco (Aust.)* 1 19 6 1 19 8 Broken Hill Pty. ... 2 17 S " IS 0 Claude Neon (Sydney) — 2 15 0 Colonial Sugar 41 17 6 Consol. Brick & Pipe 0 10 11 0 11 6 Diinlop-Peidriau ... 0 15 S 0 15 11 Electro. Zinc (ord.) . 1 14 9 1 15 6 Howard Smith (ord.) 0 IS 0 — Milburn Lime 2 0 0 — N.Z. Drug _ 410 Sharland and Co. (pref.) 110 — Taranaki Oil 0 0-4 -_ Wellington Cordage . — 0 10 3 Woolworths (N.Z.) .f — 5 IS 0 Gates, Ltd 050 076 Silverton Tram 1 11 0 — Dcnhard (pref.) 110 13 0 Hume Pipe ( Aust.) .. 0 14 3 — "Truth" (N.Z.) (pref.) - 15 0 Mark Foy (ord.) ... 13 6 15 6 MiningBig River 0 1 S — Consol. Goldfields ..* — 0 17 0 Maori Gully — 0 12 Okarito ...* — 0 6 0 Waihi Grand June 0 3 9 0 4 0 AustralianMount Lyell * 10 7 — Mount Morgan 1 16 1 1 16 6 First Call, This Day.—Sales on 'Change: Bank of New Zealand, 48s; Broken Hill Propty., 57s 9d (2). Reported sales: Sharland (pref.), 21s 6d; 3% per cent. Govt. Stock (1939-43), £102 10s. Lated Reported Sales, Yesterday.—E.S. and. A. Bank, £5 Us (2); Bank of New South Wales, £32 10s; Westport-Stockton Coal, 2s 9d; British Tobacco*, 39s 6d, 39s 3d;. Colonial Sugar, £42 7s 6d; Procera Breadt (vender, ex rights), 47s 6d, 46s; Wilson's Cement, 43s 3d: Union Bank, £9 10s. . *Cum div. i Ex div. UNOFFICIAL LIST. Buyers. Sellers'. £ s. d. £ s. d. Woolworths, Ltd. _..* 5 16 6 5 IS 6 Associated Motorists Petrol (pref.) 13 9 — i N.Z. Woolpack and Textiles — 0 14 0 Wellington Publishing — 5 2 G Late Reported Sales, yesterday.—Woolworths, Ltd., £5 17s 9d. DIVIDENDS DUE-. National Tobacco, Napier—pref., S per cent., ord. 15 per cent, per annum Dec. 11 N.Z. Iioan and Mercantile Agency Co. —cum. pref. (for year ended June SO, 1932), 5 per cent., less English income tax Dec. 12 North Broken Hill—2s 6d per share, and bonus of Is per share Dec. 12 Waltakl Farmers' Freezing—5 per cent. per annum Dec. lo N.Z. Breweries, Ltd.—interim 3% per cent Dec. 14 Mt. Lyell—2% per cent, per annum Dec. 16 Gordon and Gotch —half-year, pref., 8 per cent, per annum; ord., 10 per cent, per annum Dec. 16 Devonport Ferry—interim 2% per cent. .-.' * Dec. 17 Talisman Dubbo—interim 6d per share Dec. 17 Gear Meat Preserving—final of. 6d per share Dec. 17 Canterbury Frozen Meat—pref. 5 per cent.-ner annum, and ord. 1 per . cent, per annum Dec. 17 Blackwater Mines—Is per share, tax free Deo. 17 Consolidated Mines—6d per share, tax free Dec. 17 Okarito—10 per cent Dec. 17 Devonport Ferry, Ltd.—interim 2'& per cent ". Dec. 17 Lampsou Paragon, Ltd., Sydney—8 Per cent Dev. 17 Broken Hill South—Is Rd per share and bonus Is per share Dec; 19 Culolo—int., 1 dollar 40 cents (Canadian) a share Dec. 20 Placer—int., 50 cents (Canadian) a share Dec. 20 Associated Newspapers, Ltd., Sydney— final ord. and pref., 2 per cent., making 6 per cent, per annum .. Dec. 23 Hume Steel—interim cum pref., at 7',-i per cent, per annum " Dec. 2" Guinea Gold—8o4d Dec. 21 Mossy Creek—Id per share Dec. 2S Morris, Hedstrom, Fiji—Interim 2',4 ner rent. nee. '.t\ British Tobacco—interim \tt, per cent. Dec. 31 Nestles and Anglo-Swiss Condensed Milk (Australasia).—pref., quarterly, at 8 per cent, per annum .. Dec. 31 Zinc Corporation—half year, cum pref. ,2s per share less Income tax 2s 5d in £1; interim participating div. of 2s per share on part pref. and ord., less income tax at 2s 7 5,{;d in £1, all in sterling .".. Jan. 1 Claude Neon, Sydney—second Instalment, 1% per cent. Jan. 3 National Bank of New Zealand, Ltd. —4 per cent, per annum, tax free Jan. 4 Sulphide Corporation, Ltd., London— 2s per share pref., 4% ord. sterling less income tax Jan. 15 DEMAND FOE TALLOW INCREASED EXPORTS Sales of tallow in New Zealand during last month were 42J tons. Dalgety and Co. report that for the five months ended November 30 last 7881} tons we're exported, compared with 7669!! tons for the corresponding period of last year. For November last the exports totalled 1297 tons, distribution being as follows:—Europe. 710 tons, India, 33; United States, 541; other couritries, 13 tons. • I