LATE COMMERCIAL

Evening Star, Issue 22797, 4 November 1937, Page 14

LATE COMMERCIAL

FOREIGN EXCHANGES. (British Official Wireless.) Press Association —By Telegraph—Copyright RUGBY, November 3. (Received November 4, at 1 p.m.) The following are ibc mean closing rates: — Paris, franc to £1 147 7-64 New York, dollar to £1 4.96 J Montreal, dollar to £1 4.96| Brussels, belgas to £1 29.32 Geneva, francs to £1 21.501 Amsterdam, florins to £1 8.981, Milan, lire to £1 94 j Berlin, reicbmarkcu to £1 ... 12.342 Stockholm, kroner to £1 19.39.) Copenhagen, kronor to £1 ... 29.40 Oslo, kroner to £1 19.90 Vienna, schillings io £1 261 Prague, crowns to £1 141 J Helsingsfors, marks to £1 2264 Madrid, pesetas to £1 9211-32 Lisbon, escudo to £1 HOh Athens, drachmae to £1 547£ Bucharest, lei to £1 675 Belgrade, dinars to £1 216 Warsaw roubles to £1 26.21 *Rio de Janeiro, pence to milreis Buenos Aires, pence to dollar pence to dollar ... 39 13-16 Bombay, ponce to rupee 18g Hongkong, pence to dollar ... 15 Shanghai, pence to dollar ... 144 Yokohama, pence to yen 14 Batavia, florin to £1 ... 8.96 *Sellors. >5 MOUNT LYELL SHARES. Press Association—By Telegraph—Copyright LONDON, November 3. (Received November 4, at 1 p.m.) Mount Lyell shares are quoted at 30s 6d. BULOLO SHARES. Press Association—By Telegraph—Copyright LONDON, November 3. (Received November 4, at 1 p.m.) Bulolo gold mining shares are quoted at 92s 6d. PRICE OF GOLD. Press Association—By Telegraph—Copyright LONDON, November 3. (Received November 4, at 11 a.m.) Fine gold is quoted at £7 0s 7d per ounce. CANADIAN LOAN OYER-SUB-SCRIBED. Press Association—By Telegraph—Copyright OTTAWA, November 3. (Received November 4, at 2 p.m.) The 100,000,000d0l Government loan was over-subscribed in two hours. SYDNEY STOCK EXCHANGE. Press Association—By Telegraph—Copyright SYDNEY, November 4. (Received November 4, at 2 p.m.) Bonds: 4 per cent., 1938, £lO2 16s 3d; 1957, £lO5 3s 9d. Shares: Commercial Bank of Sydney, £2l 8s; Toohey’s, 31s 6d; British Tobacco, 48s 9d; Broken Hill Proprietary (rights), 30s; Hume Pipe, 20s 3d. GEELONG WOOL SALES. Press Association —By Telegraph—Copyright MELBOURNE, November 4. (Received November 4, at 1 p.m.) The highest prices of the season both for merino and comeback wools were obtained at the Geelong sales. Merino realised 29Jd and comeback 2C|d. Cross-breds were a little dearer, believed owing to the operation of Japanese buyers. REBATE ON AUSTRALIAN SUGAR. Press Association—By Telegraph—Copyright SYDNEY, November 4. (Received November 4, at 2 p.m.) The Collector of Customs advises that the rebate on Australian sugar used locally and in manufactured goods exported from the Commonwealth to New Zealand has been fixed from November 1 at £5 on manufactured fruit products and at £7 4s on other goods. LONDON STOCK EXCHANGE. Press Association—By Telegraph—Copyright LONDON, November 3. (Received November 4, at 1.5 p.m.) The markets are quiet but irregular. DOLLAR AND FRANC. Press Association—By Telegraph—Copyright LONDON, November 3. (Received November 4, at 11 a.m.) The dollar is quoted at 4.96 7-16. The franc is quoted at 147 7-16. METAL MARKET. Press Association—By Telegraph—Copyright LONDON, November 3. (Received November 4, at I p.m.) Copper.—Standard, £4l 6s 3d per ton : forward, £4l 11s IOJd. Electrolytic.—Spot, £4B; forward, £4B. Wire bars, £4B. Tin.—Spot, £199 15s; forward, £199 !ss. . • Load.—Forward, £l7 3s HJd; spot, £l7 4s 4Jd. Spelter.—Spot, £l6 6s lOJd; forward, £l6 11s lOlcl. Silver.—Fine, 19Jd per ounce; standard, 21s 7-16 d. LONDON MONEY MARKET. Press Association—By Telegraph—Copyright LONDON, November 3. (Received November 4, at 12.15 p.m.) Discount and short loan interest rates: Day-to-day loan, £ per cent.; fine trade bills, three months, 2 to 2\ per cent.; hank bills, throe months, 9-1 G per cent. ; bank bills, six mouths, per cent.; 'treasury bills, two months,

i per cent.; Treasury bills, three months, 9-16 per cent.; New York call money, 1 per cent. SALES ON ’CHANGE: THIS DAY. Auckland. Westport Stockton (pref.), ss; Broken Hill Proprietary, 65s 3d; Broken Hill Rights, 30s; Coles, 94s 3d; Auckland Laundry, 325; Rawang, 10s lid; New Zealand Bonds 4 per cent. (1943-46), £lO3. Unlisted: Farmers’ Freezing, 21s 6d; Weres (rights), 6d. Noon call: Broken Hill Proprietary, 65s 4d; K. D. V. Boxes (emit.), 4s 6d. Wellington.—Morning call: Wellington Meat Export, 9s ; Devonport Ferry, 19s 6d; National Electric, 13s. Reported: Christchurch Gas, £1 6s 6d; Westport-Stockton Coal (pref.), ss; Taringarautu, 15s 4d; British Tobacco, £2 8s 4d; Colonial Sugar, £47; Woolworths (New Zealand), £5 3s (2): Reid Rubber N.Z. Ltd., £1 7s 3d; Mount Lyell, £1 18s. Noon call; Bank of New Zealand, 44s ; Commercial Bank of Sydney, £2l ss; Bank of Australasia, £ll 8s; Westport Stockton Coal (pref.), ss; Now Zealand Breweries, 48s 7id, 48s lOd; Tooths, 54s 9d; Dunlop Rubber, 23s 3d; Mount Lyell, 38s; Broken Hill. 65s 3d (two sales); Broken Hill (rights), 30s; .Shillings, 19s 3d (two SQ/Ios) a Christchurch.—New Zealand Guarantee Corporation, 4s 9d; Broken Hill Proprietary, 65s (2) ; same (rights), 29s lid; Woolworths (.South Africa), 14s 4d; Argo, Is lOd (2) ; Broken Hill South. 395; Mount Morgan, 11s 2d, 11s 2d. 11s 2d,.