FINANCE

Hawke's Bay Tribune, Volume XXII, Issue 269, 28 October 1932, Page 3

FINANCE

STERLING EXCHANGES. British Official Wireless Service. Rugby, Oct. 26. The following quotations of exchan. are current to-da? compared with those

THE PRICE OF SILVER British Official Wireless Service. Rugby, Oct. 26. Silver is quoted at spot l/5f and forward l/5Jd. AUSTRALIAN STOCK EXCHANGES. BETTER SENTIMENT FOR BONDS Sydney, Oct. 27. On the Stock Exchange to-day the turnover was relatively light, but there was a better sentiment for Commonwealth bonds, believed to be due to the altered viewpoint of the Premiers’ conference in cutting down loan requirements to £8,000,000, which is regarded as less disturbing than £20,000,000. The weakness continued for leading Indus

trials and there was also a sharp setback in Tooth’s shares. Sales.—Bank of New South Wales £32 15s, Commercial Bank £l7 ss, United Insurance £9 ss, Australian Gas A £6 18s 6d, Tooths £1 15s 7Jd, Tooheys £1 2s 4Jd, Goldsbrough £1 7s, Dunlop Perdriau 18s, Henry Jones £1 17s 3d, Australian Glass £2 7s, Electrolytic Zine 18s 9d, ditto pref. (ex. dividend) £1 8s 7}d, Broken Hill Proprietary £1 7s, North Brokens £3 13s 6d. Commonwealth Bonds.—Four per cents 1938 £lOl 12s 6d, 1941 £lOl 16s 3d, 1944 £lOO ss, 1947 £lOO 3s 9d, 1950 £lOO 10s, 1953 £lOO 17s 6d, 1955 £lOl. 1957 £lOl 8s 9d, 1961 £lOO 3s 9d. —Goldsbrough £1 7s 3d, Australian Glass £2 6s 6d, Dunlop Per(lrian 18s, Herald and Times £2 17s, Myers £1 7s, Howard Smith 10s 3d, Mt. Lyell £1 3s 3d. BASE METAL QUOTATIONS London, Oct. 27. The official London (middle) quotations for to-day compare as follow with those previously cabled:—

COMPANY DIVIDENDS Sydney, Oct. 27. The net profit for the year of North Broken Hill, Limited, is £175,752,

which is £90,823 greater than in 1931 Dividends, which were paid in threi instalments, represented five shillings per share. The Herald and Weekly Times, Liin ited, Melbourne, is Buying a fihal dividend for the year of five per cent on ordinary shares, making with an interim distribution ten per cent for the twelve months. The half yearly dividend on preference shares i» payable on November 17.

of October 25 and par:— Oct. 25 Oct. 26 Pai Pana. <r w a 124.21 84 8311-16 N.Y., dol to £ 4.861 3.30i 3.29) Montreal, dol. to £ 4.86) 3.60) 3.61) Brussels. bet. to £ S5.1X 23.72) 23 21-32 Geneva, tr. to £ 25.225 17.09) 17.07 Ast-dam, fl to £ 12.187 8.19) 8.18) Milan, lire to £ 92.46 64 3-8 64 5-16 Berlin, tnks to £ 20.43 13.88) 13.85) St’holm. knr to £ 18.155 19.16 19.20 C’hagen, knr. to £ 18.159 19.20 19.19) Oslo, knr. to £ 18.159 19.55 19.65 Vienna, echga. to £ 34.585 28)* 28)* Prague, knr to £ 154.25 111) HU Hel’tora. inks to £ 193.25 230 230 Madrid, pee to £ 25.225 40J 404 Lisbon, esc to £ 4.50 109) 109) Athene, dracb to i £ 375 575 575 Bucharest, lei. to £ 813.60 555 555 Belgrade, din. to £ ' 276.31 250 255 Rio de J„ p. to mil 16.70 5 9-32 5 9-32 M. Video, p. to peso 51 30’ 30* Bombay, p. to rup 18 18 11-64 18 ll-6<* Shanghai, p to tael — 2111-16 2111-16 H. Kong, p. to doi. 16 7-16 16 3-8 Y’hama. p. yen. 24.582 •Nominal 16 7-16 16i

Copper— Oct. 26 £ s d Oct. 27 £ 8 d Standard, spot 31 11 104 30 13 14 Standard, fwd. 31 14 44 30 15 7j ♦Electrolytic 35 10 0 35 0 0 to 36 10 36 0 0 Wire bars ... 36 10 0 36 0 0 Lead— Spot 11 18 9 11 12 6 Forward ... 12 3 9 11 17 6 Spelter— Spot ... 15 3 9 15 1 3 Forward ... 15 8 9 15 6 3 Tin— Spot ... 153 11 3 152 3 9 Forward ... 153 17 6 152 12 6 Silver— Standard, per oz. 18d. 17jd Fine, per oz. 19 7-8d. 19 l-8d ♦American 5.50 cents er lb.