LATE COMMERCIAL

Evening Star, Issue 23093, 20 October 1938, Page 16

LATE COMMERCIAL

AUSTRALIAN STOCK EXCHANGES Press Association —By Telegraph—Copyright SYDNEY, October 19. Investment shares tended toward higher levels to-day, benefiting by the rise in the New York industrial index. Bank of New Zealand shares, of which there were several transactions, sold at 41s 3d, compared with the pre-elec-tion price of 46s 3d. , £ s. d.

MELBOURNE, October 19. To-day saw continued firmness of Commonwealth loans, with a scarcity of sellers. Industrials were steadily absorbed, with only minor price

FOREIGN EXCHANGES. RUGBY, October 19. ! (Received October 20, at 1 p.m.) Paris, franc to £1 178 41-61 New York, dollar to £1 4.77 f Montreal, dollar to £1 82} Brussels, belgas to £1 ... ... 28.26 Geneva, francs to £1 20.01 Amsterdam, florins to £1 8.774 Milan, lire to £1 90} Berlin, reichmarken to £1 ... 11.901 Stockholm, kroner to £1 19.41 Copenhagen, kroner to £1 ... 22.40 Oslo, kroner to £1 19.90 Vienna, schillings to £1 nominal Prague, crowns to £1 ... ... 138} Helsingfors, marks to £1 226} Madrid, pesetas to £1 ... ... nominal Lisbon, escudos to £1 ... ... 1104 Athens, drachmae to £1 ... ... 547 j Bucharest, lei to £1 665 Belgrade, dinars to £1 212 Warsaw, roubles to £1 ... 25.62 *Rio de Janeiro, pence to milreis 3 Buenos Aires, pence to dollar ... 19.024 Montevideo, pence to dollar ... 19} Bombay, pence to dollar ... ... 1715-16 Hongkong, pence to dollar ... 15 Shanghai pence to dollar 8} Yokohama, pence to yen ,14 Batavia, florins to £1 ... ... 8.754 •* Sellers, PRICE OF GOLD. Press Association—By Telegraph—Copyright LONDON, October 19. (Received October 20, at noon.) Fine gold is quoted at £7 5s B}d an

Highest price in 1938, September 28, £7 7s; lowest price in 1938, January 3. £6 19s sd. Highest price in 1937, March 6, £7 2s 7}d; average price in 1930, £4 5s an ounce.

THE MONEY MARKET. Press Association—By Telegraph—Copyright LONDON, October 19. (Received October 20, at noon.) Discount and short loan interest rates, day to day loans, J per cent.; fine trade bills, three months, 2} to 3 per cent.; bank bills, three months, 11J per cent.; bank bills, six months, 1 per cent.; Treasury bills, two months, 11-16 per cent.; Treasury bills, three months, | per cent.; New York call money, 1 per cent. SYDNEY STOCK EXCHANGE. Press Association—By Telegraph—Copyright SYDNEY, October 20. (Received October 20, at 2 p.m.) Bonds: 4 per cent., 1938, £lOl 10s; 1941, £lO2 12s 6d; 1944, £lO4 11s 3d; 1947, £lO2 Is 3d; 1950, £lO2 17s 6d; 1957, £104; 1959, £lO2 2s 6d; 1961, £lO2 17s 6d. Shares: Tooheys, 31s; Anthony Hordern, 15s 9d; Australian Glass, 95s 6d; British Tobacco, 48s 3d; Colonial Sugar, £4B ss. DOLLAR AND FRANC. Press Association—By Telegraph—Copyright LONDON, October 19. (Received October 20, at 11 a.m.) The dollar is quoted at 4.77-J. The franc is quoted at 178 1-16.

NEW GUINEA GOLD SHARES. Press Association—By Telegraph- Copy: LONDON, October 19. (Received October 20, at 1 p.m.) New Guinea Gold shares are quoted at Is IJd. SHARE QUOTATIONS. Press Association—By Te.egraph—Copyright LONDON, October 19. (Received October 20, at 1 p.m.) Share quotations. Clutha Riverbuyers Is 6d, sellers Is 9d; Molyheux—buyers 9d, sellers 10id. SALES ON ’CHANGE'; THIS DAY. Wellington.—Morning call; Bank of New Zealand, £2 Is Gd (2); Dalgety and Co., £7 19s; Myers Emporium (prof.), £1 16s; Broken Hill, £2 18s 3d.

Sales reported; Bank of Australasia, £lO ss; Bank of New Zealand, £2 Is 6d; National Bank of Australasia (£lO paid), £l4 Is; National Insurance, 16s 6d; Huddart, Parker, £1 8s 3d; British Tobacco, £2 8s Id; Burns Philp, £2 13s; Dunlop, £1 Os 9d; 1.C.1 (pref.), £1 2s 3d„ £1 2s 4d; Woolworths (New Zealand, ord.). 19s (*); Woolworths Ltd. (ord.), £1 Is lid; Broken Hill South, £1 12s 9d; Wellington Alluvials, 5s Id. Noon call: 4 per cent. Stock (1949), £99 17s 6d; Bank of New Zealand, 41s 3d; Broken Hill, 58s 3d (2), 58s Id; British Tobacco, 38s 3d; Electrolytic Zinc (ord.), 44s 6d; Coles, 79s 3d (2); M'Kenzies, 58s 6d.

Christchurch. —Government Stock (1955), £100; New Zealand Breweries, 40s 6d (3) ; British Tobacco, 48s 3d; Broken Hill Proprietary, 58s 3d; Electrolytic Zinc (pref.), 47s 6d, 47s 4d; Woolworths Woohvorths Holdings, 14s lid (3), 14> lOd; Mount Lyell, 30s; North Broken Hill, 50s 4d. Reported: Mosgiei Woollen (late yesterday), £9 12s°d, Westport-Stoekton (ord.), 4s; West-port-Stockton (pref.), Cs 9d; Dunlop 20s lOd.

Auckland. —10 a.m. call: Commercial Bank, 16s 9d; same (pref.), £9 10s; Bank of New South Wales (Sydney), £3l 12s 6d; Bank of New Zealand. 41s 3d; New Zealand Insurance, sos 6d; Goldsbrough Mort, 29s 4d; Tooth s, 'sss; Carlton, 66s 2d; Australian Glass, 955, 95s 3d; Iron and Steel, 27s 2d; Woolworth (New Zealand), 19s; 1.C.1. (pref.) 22s sd, 22s 4d; Mount Morgan, 11s 2d; same (pref.), 21s 7d; Wellington Alluvials, 5s 2d; New Zealand Stock (1952-55), 4 per cent., £99 15s; 12.15 p.m. Call: New Zealand Insuiw ance, 55s 6d; Auckland Gas, 19s 3d; Broken Hill Proprietary, 58s 3d (2); Alloys Steel (Australia), 8s 2d; Electrolytic Zinc, 43s 9d; Union Oil, 225; Woolworths (Sydney, second pref.), 28* 9d; Woolworth Holdings, 14s lid; Mataki Gold, 6fd; Broken Hill South, 32s 6d; Mount Lyell, 30s; Mount Morgan, 11s 2d; New Zealand - Bond* (1945-46),, 4 per cent., £100; New Zea* land Stock (1943-46). 4 per cent., £100; Auckland Harbour Board (1944), £lO2.

Bank of New South Wales 31 7 6 Commercial Bank of Australia ••• 0 16 10J Commercial Banking of Sydney . 20 5 0 Bank of New Zealand 2 1 3 Colonial Sugar 48 5 0 Adelaide Steam ' • •• 1 12 4 Huddart, Parker 2 3 6 United Insurance 10 0 0 Berlei (old) 2 0 0 Tooth’s 2 15 6 Australian Glass ... 4 15 6 Stedman 0 13 3 Mort’s Dock 0 12 2 Hackshalls 0 13 9 Gibson Hawes ... ... 1 9 3 Warburton Frank! ... 1 1 6 Sargents 1 7 0 W. Carpenter 2 4 0 Victoria Nyanza 0 14 9 United Provisions ... 0 8 1 Morris Hedstrora 1 6 0 Henry Jones ... 2 8 3 Fairvmead Sugar 1 11 6 Woolworths 1 1 1 Electrolytic Zinc 2 4 9 Electrolytic Zinc (pref.) 2 8 0 Mount Lyell 1 10 6 Larut 0 12 9 Emperor 0 1 11 Taranaki Oil 0 14 0

changes. £ s. d. Commercial Bank of Australia 0 16 10 National Bank (£5 paid)) 6 18 0 National Bank (£10 paid) 14 1 0 British Tobacco 2 8 6 Carlton Brewery ... ... 8 6 0 G. J. Coles 3 19 6 Australian Glass 4 15 3 Dunlop Perdriau 1 0 10 Dunlop Perdriau (pref.) 1 18 3 Henry Jones 2 8 0 Melbourne Investment Trust 0 10 7 Hume Pipe 0 19 6 Imperial Chemicals (pref.) 1 2 4 Electrolytic Zinc 2 4 6 Mount Morgan ... 0 11 3 Mount Lvell 1 10 6 Broken Hill Proprietary ... 2 18 3 North Broken Hill 2 11 3 Broken Hill South ... ... 1 13 0 Emperor 0 13 0

ounce. October 18 ... £7 6 2 October 17 ... 7 6 6 October 13 ... 7 6 91 October 12 ... ... 7 6 5 October 11 ... ... 7 6 1} October 10 ... ... 7 5 10 October 7 \ ... 7 5 0 October 3 ... 7 4 81 September 1 ... ... 7 3 01 August 2 ... ... 7 1 8 July 1 ... 7 0 9 June 1 ... 7 0 71 May 2 ... 6 10 6J April 1 ... 7 0 0} • March 1 ... 6 19 91 February 1 ... 6 19 7 January 3 ... 6 19 6