LATE COMMERCIAL

Evening Star, Issue 22891, 24 February 1938, Page 16

LATE COMMERCIAL

FOREIGN EXCHANGES* (British Official Wireless.) Press Association—By Telegraph—Copyright RUGBY, February 23. (Received February 24, at 1 p.m.) The following are the mean closing rates:— Paris, franc to £1 153 27-32 New York, dollar to £1 5.01| Montreal, dollar to £1 5-01 13-16, Brussels, balgas to £1 ... 29.56 Geneva, francs to £1 21.59 J Amsterdam, florins to £1 8.96| Milan, lire to £1 95| Berlin, reichmarken to £1 ... 12.40 j Stockholm, kroner to £1 19.41 Copenhagen, kroner to £1 22.40 Oslo, kroner to £1 19.90 Vienna, schillings to £1 26? Prague, crowns to £1 14Z| Helsingfors, marks to £1 226 r Madrid, pesetas to £1 ...nominal Lisbon, escudo to £1 110 3-16 Athens, drachmae to £1 547£ Bucharest, lei to £1 677£ Belgrade, dinars to £1 216 Warsaw, roubles to £1 ... ... •Rio de Janiero, pence to milreis 213-16 Buenos Aires, pence to dollar ... Montevideo, pence to dollar 21J Bombay, pence to rupee ... ... 18j Hongkong, pence to dollar 15 Shanghai, pence to dollar 14 3-16 Yokohama, pence to yen ... ... 14 Batavia, florins to £1 ... 8.94 j- . METAL MARKET. Press Association—By Telegraph—Copyright LONDON, February 23. (Received February 24, at 1 p.m.) Copper.—Standard, £42 4s 4Jd; forward, £42 6s 10£d. Electrolytic.—Spot, £45 10s; forward) £46 10s. Wire bars, £46 10s. Tin.—Spot, £l9O 7s 6d; forward, £l9O 2s 6d. Lead.—Forward, £l6 3s IJd; spot, £l6 4s 4Jd. ' Spelter.—Spot, £ls 8s IJd; forward, £ls 9s 4*d. Silver.—Spot, 20$d an ounce; forward, 21|d. SHARE QUOTATIONS. Press Associative —By Telegraph—Copyright LONDON, February 23. (Received February 24, at 1.30 p.m.) Olutha River: Last closing, Is 9d (ex div); to-day’s closing, 2s (ex div.), Molyneux River: Last closing, Is 4Jd; to-day’s closing, Is 7Jd. MOUNT LYELL SHARES. Press Association —By Telegraph—Copyright LONDON, February 23. (Received February 24, at 1 p.m.) Mount Lyell shares are quoted at 25s 6d. THE MONEY MARKET. Press Association—By Telegraph—Copyright LONDON, February 23. (Received February 24, at noon.) Discount and short loan interest rates, day to day loan, i per cent.; fine trade bills, three months, 2 to 2J per cent.; bank bills, three months, 9-16 per cent.; bank hills, six months, 9-16 per cent.; Treasury bills, two months, \ per cent.; three months, J per cent.; New; York call money, 1 per cent. WOODWORTHS (SYDNEY).: Press Association —By Telegraph—Copyright SYDNEY, February 24. (Received February 24, at 2 p.m.) The directors of Woolworths announce that the net profit for the year ended January 31, after providing for income tax, was £217,717. The directors recommend a final ordinary dividend of 9 per cent., making 17 per cent, for the year. They also recommended a bonus issue of one fully-paid share of 5s for every five held. SALES ON ’CHANGE.—THIS DAY. Wellington.—Morning call: Commercial Bank, 16s 7d (2 sales) ; Electrolytic Zino (pref.), £2 9s 3d; Gordon and Gotch (ordinary), £2 13s 9d; Woolworths Ltd. (ord.), £1 9s 6d; Mount Lyell, £1 11s 4d (2 sales). Sales reported: 4 per cent. Stock (1955), £lO4 7s 6d; National Bank of New Zealand, £2 13s 6d; Burns, Philp, £2 12s 9d; Taranaki Oil, 6s 8d; Woolworths (New Zealand), £1 4s. Noon call: Woolworths Limited (ord.), 29s 6d; Broken Hill, 62s 6d (2 sales), 62s 7d; Electrolytic Zinc (ord.), 47s Bd, 47s lOd; North Broken Hill, 52s lid; Mount Lyell, 31s lOd, 31s lid; Mount Morgan, 10s; Commercial Bank, 16s 7d; Woolworths Limited, 28s (5 sales). Christchurch. —Bank of New Zealand, 435; Westport-Stockton Coal (pref., cum div.), 6s (2) - British Tobacco, 49s 3d (2); Broken Hill Proprietary, 62s 4d (2), 62s 5d (2); Broken Hill Proprietary (cont.), 335; Electrolytic Zinc (ord.), 47s 6d (4), 47s Bd, 47s 9d (2), 47s lOd; G. J. Coles, 82s (2); Woolworths (Sydney, ord., cum div.), 28s, 27s 6d, 27s 3d (2), 27s (2), 26s 9d (2) ; Broken Hill South, 355; Mount Lyell, 31s Bd, 31s 9d (2), 31s lOd (4) ; Mount Morgan, 10s Id, 10s 2d (3), 10s 2§d (2), 10s 3d (2), 10s 3}d, 10s 4d ; North Broken Hill, 52s 9d, 535; Rawahg Tin, 9s 7d, 9s 9d. Unlisted: Ballin’s Breweries (15s paid), 12s 3d. Auckland.—First call: Dominion Investment, 18s 9d; (Broken Hill Proprietary, 62s 6d; Colonial Sugar, £46 ss; Electrolytic Zinc (pref.), 49s 7Jd; Sanford, 4s 3d; Woolworths (Sydney), 27s 3d; Truth (pref.), 20s; Martha, 15s sd; Mount Morgan (2), 9s lid; New Zealand Stocks (1943-46), £lO2 7s 6d; Stock, 1946-49, £lO4 2s 6d. 12.15 pm. call: Westport-Stockton (pref.), 6s 4d; Berlei (New Zealand), 67s 6d; Broken Hill (PtV.). 62s 9d; Coles, 82s 3d; Woolworths (South Africa), 15s'; Mount Morgan (3), 10s 2d; Stock (1939-52) 3i per cent., £lO2 17s 6d; City of Auckland (1944-48), £lO3.