LATE COMMERCIAL

Evening Star, Issue 22573, 15 February 1937, Page 12

LATE COMMERCIAL

SALES ON ’CHANGE: THIS DAY. Christchurch.—Four per cent, inscribed stock (1943-46, ex interest), £102; Commercial Bank of Australia,, 19s 2d; N.Z. Loan and (ord. stock), £44 (2); Canterbury Frozen /Meat (pref.), £6 ss; Westport-Stockton Coal, 2s (2) ; Christchurch Gas, 28s 9a; N.Z. Breweries, 58s 9d; British Tobacco, 51s 9d (2) ; Broken Hill Proprietary, 82s 6d (3), 82s 8d (2); Broken Hill Proprietary (cont.), 70s 6d; Colonial Sugar, £42 15s; Dunlop Rubber, 19s Id (2) ; Electrolytic Zinc (pref., cum ,div.), 57s 6d (5); G. J. Coles, £5 11s 6d (5); Hume Pip© (Aust.), 21s 3d; Maori Gully, 6d; Mount Lyell, 44s 7d, 44s Bd, 44s 9d (4) ; Mount Morgan, lis (8); Rawang Tin, 11s 4d. Reported: Broken Hill Proprietary, 82s 9d. Unlisted: Selfridges (N.Z., 4s paid), 5s 6d (odd parcel) ; Woolworths (Sydney, ord.), £8 12s, £8 11s 6d, £8 11s 3d (2) y Woolworths (W.A.), £7 ss. Wellington.—Colonial Sugar, £43; Coles, £5 11s 9d, £5 12s sd; New Zealand Refrigerating, 20s 3d; Goar Meat, 17s 3d; Manawatu Woollen, 25s 6d; New Zealand Breweries, 58s; Consolidated Brick, 10s 8d; Woolworth’s (N.Z.), £7; Electrolytic Zinc (ord.), 56s 9d, 56s 7*d; Broken Hill, 83s. Auckland. —Morning. call: Gillespie’s Beach, Is sd, Is sid: Oamaru Wool, 20s; Sharland’s (pref.), 20s; Mount Morgan, 16s lid, 17s; Bank of New Zealand, 40s 3d; Mount Lyell, 44s 6d; Broken Hill, 82s 9d; Coles, £5 11s Gd; Woolworths (New Zealand), £7; optional 'Bank of Australasia (cont.), £7 14s 9d; Wellington Hospital (1913), £lO3. Noon call: Consolidated Brick, 10s 7d; Mort’s Dock, 13s 6d; Mount Morgan, 17s; Mount Lyell, 44s 6d; Electrolytic Zinc, 66s 6d, sis; Standard Insurance, 58s 6d; Coles, £5 11s 6d, £5 11s 9d; New Zealand Stock (1939-43), £lOl 10s; City Loan (1953), £lO4 10s. Our Auckland correspondent telegraphs:—There was quite a lively start on the exchange this morning, and, with plenty of orders about, a substantial list of sales was recorded at the first call. The banking section opened with fair activity, three sales being noted in this class. The National Bank of Australasia (con.) issue sold Is 9d up at £7 14s 9d, while Commercial and New Zealands were unchanged. Insurances were steady and firm. In the brewery class the announcement of hew capital by Dominions brought a readjustment of values. Both ordinary and preference shares were ■ quoted ex rights with a market between 39s and 435, while a buyer offered 8s 6d for rights with no seller in sight. This gives a value for the shares, cum. rights, of- something over £2 7s 6d, compared with last week’s peak price of £2 ss. The Australian issues started the week- well. Mount Lyells touched a new high level with business at 44s 6d, while Broken Hills gained Is 6d, with a- sale at 82s 9d. Electrolytic Zinc firmed, with the market for ordinaries from 56s 3d to 56s 6d, and for the preferences from 57s to 57s 6d. In Government stocks the 1943-46 issue was quoted ex interest, , with buyers at £lOl 10s apd sellers 10s higher. FOREIGN EXCHANGES, • (British Official Wireless.) Press Association—By Telegraph—Copyright RUGBY, February 13. (Received February 15, at noon.) The following’ are the mean closing rates:— • u Paris, franc to £1 ... ... ■... 105:9-64 New York, dollar to £1 ... ... 4.89 5-16 Montreal, dollar to £1 ... 4.89 - Brussels, belgas to £1 29.02), Geneva, francs to £1 21.454 Amsterdam, florin to £1 ... ... 8.984 Milan, lire to £1 ... ... 92 31-32 Berlin, reichmarken to £1 ... 12,164 Stockholm, kroner to £1 19.394 Copenhagen, kroner to £1 ' 22.40 Oslo, kroner to £1 19.90 Vienna, schillings to £1 26J,Prague, kroner to £1 '. 140 5-16 Helsingfors, marks to £1 226? Madrid, pesetas to £1 93 1i.32 Lisbon, escudo to £1 HO 3-16 Athens, drachmae to £1 5474 Bucharest, lei to £1 670 Belgrade, dinars to £1 213 Warsaw, zlotys to £1 25.84 ‘Rio do Janeiro, pence to railreas 44 Buenos Aires, pence to dollar ... ‘Montevideo, pence to dollar ... 39J Bombay, pence to rupee 18 9-64 Shanghai, pence to dollar 14 17-324 Hongkong, pence to dollar ... 1415-64 Yokohama, pence to yen 13 31-32 Batavia, florin to £1 ... 8.944 ‘Sellers. SYDNEY STOCK EXCHANGE. ’ Press Association —By Telegraph—Copyright SYDNEY, February 15. (Received February 15, at 2 p.m.) Bonds: 4 per cent., 1941, £lOl 11s 3d; 4 per cent., 1961, £lOl ss. Shares: Commercial Bank of Australia, 19s 4£d; Bank of New South Wales, £36 12s 6d; Adelaide Steam, 32s 9d; Toohey’s, 37s 6d; Anthony Hordern (pref.), 235; Associated News (pref.), 23s 7]d; British Tobacco, 52s 3d; Broken Hill Proprietary, 83s. 9d; Colonial Sugar, £43 5s ; David Jones, (now), 27s 9d; Dunlop Perdriau, 19s 3d; Electrolytic Zinc, 56s 9d; Coles, £5 11s.