COMMERCIAL

Evening Star, Issue 22195, 25 November 1935, Page 14

COMMERCIAL

FOREIGN EXCHANGES. • (British Official Wireless.) Press Associathn—By Telegraph—Copyright RUGBY, November 23. (Received November. 25, at noon.) The following are the mean closing rates:—.

SYDNEY STOCK EXCHANGE. Press Association —By Telegraph—Copyright SYDNEY, November 25. (Received November 25, at 2 p.m.) Bonds: 3i per cent. 1943, £99 12s 6d; 4 per cent. 1938, £lO3 10s; 1941, £lOl 12s 6d; 1944, £lO2 ss; 4 per cent. 1947 £lO3 10s; 1950, > £lO4. 1 Shares: Bank of New South Wales, £33 7s 6d; Australian Gas (A), £7 16s; Tooth’s, 58s 9d; British Tobacco, 41s 6d; Dunlops, 16s 3d; Henry - Jones, 38s 6d. DOUGLAS HOTEL LEASE. The lease of allotment 1 of section 33, block 17, Dunedin City Corporation property, containing 12 poles, with 43ft 6in frontage to Octagon and 60ft 4in to George street, was submitted to auction to-day by Messrs Park, Reynolds Ltd. The upset rental was fixed at £271 10s, and valuation to be paid for improvements £4,158. Bidding started at the upset, and .rose steadily by £lO bids and then by ’£s bids until £4lO was reached, and at this rental the* lease was knocked down to Mr James Geddes. NEW MINERAL AREA. A Wellington Association message states that Mount Morgan Developments Limited has taken an option over a property covered by prospecting license 287, Fiji, and is proceeding further to prospect and to commence development of the area. The property, approximately seven miles from Suva, is believed to be a newlydiscovered 'mineral area. SALES ON ’CHANGE: THIS DAY. Christchurch.—New Zealand Breweries, 55s (6); Dunlop Perdriau Rubber,, 16s 3d (2); Mount Lyell, 21s sd; Rawang Tin, 8s lid. Reported; British (late sale on Saturday), 40s 4d. Unlisted; Woolworth. (Sydney, ord.), £5 17s; Argo Gold Dredging, Is 3d (3). Auckland.—Reserve Bank, £6 ss; Union Bank, £9 10s; Dominion Breweries, 17s 9d; G. J, Coles, £3 5s Od; New Zealand Refrigerating (con.),, 10s lid; Mount Morgan, 38s; New Zealand Stock, 4 per cent. (1943-46), £lO4 17s 6d; Amalgamated Brick 7£ per cent. (Auckland), £lOl 10s; Australian Iron and Steel (pref.), 25s 3d; Broken Hill, 59s 3d; Consolidated Brick, 11s, 11s Id; Robinson’s Ice Cream, 23s 6d; Talisman Dubbo, 10s lOd; Mount Morgan, 38s. Unlisted: Auckland Farmers’ Trading (£1 paid), 22s 6d; Auckland Farmers’ Freezing (£5 paid), £5 12s Wellington.—Woolworths (New Zealand), £5 17s 6d; Bank of New Zealand, £2 11s 6(1; South British Insurance, £.4 14s 6d; Consolidated Brick and Pipe, 11a (3); British Tobacco, £2 0s 3d; Mount Morgan, £1 17s lOd.

Paris, franc to £1 74 61-64 New York, dollar to £1 4.93 9-16 Montreal, dollar to £1 4.981 Brussels, belgas to £1 29,20 Geneva, franc to £1 ... 15.71 Amsterdam, florin to £1 '..I ... 7.301 Berlin, reichmarken to £1 ... ... 12.27' Milan (nominal), lire to £1 — Stockholm, kroner to £1 19.394 Copenhagen, kroner to £1 22 Oslo, kroner to £1 ... 19.901 Vienna, schilling to £1 26-1 Prague, kroner to £1 Helsingfors, marks to £1 ... ... 227 Madrid, peseta to £1 ... 36 3-16 Lisbon, escudo to £1 ... nog ♦Athens, drachmae to £1 516 ♦Bucharest, lei to £1 630 Belgrade, dinars to £1 ... 217 Warsaw, zlotys to £1 ... 26118 Rio de Janeiro, pence to millreis 41 Buenos Aires, pence to dollar ... — ♦Montevideo, -pence to dollar ... 391 Bombay, pence to rupee 181 Shanghai, pence to dollar 141 Hongkong, pence to dollar 18 Yokohama, pence to yen ... ... 13 31-32 Batavia, florin to £1 ... 7.261 ♦Sellers.