FINANCE

Hawke's Bay Tribune, Volume XXII, Issue 270, 29 October 1932, Page 3

FINANCE

STERLING EXCHANGES. British Official Wireless Service. Rugby, Oct. 27. The following quotations of exchange are current to-day compared with those

GOVERNMENT SECURITIES London, Oct. 27. Quotations of Government stocks on the London Stock Exchange compare with those of last week as follow: — VariaPrice tion.

THE PRICE OF SILVER British Official Wireless Service. Rugby, Oct. 27. Silver is quoted at spot l/6jd and forward 1/6 3-16 d. BASE METAL QUOTATIONS London, Oct. 28. The official London (middle) quotations for to-day compare as follow with those previously cabled:— Oct. 27 Oct. 28 £sd £ s d

AUSTRALIAN STOCK EXCHANGES MUCH BETTER TONE Sydney, Oct. 28. On the Stock Exchange to-day there was a much better tone owing to the announcement that the coming loan will not exceed £8,000,000 and the fact that the probable effective rate of interest will be under four per cent. The improvement extended to the rest of the market. Sales. — Bank of New South Wales £32 13s, Commercial Bank of Sydney £l7 2s 6d, Huddart, Parker £1 12s, Howard Smith 10s 3d, Fairymead Sugar £1 6s 6d, Dunlop Perdriau 17s 9d, British Tobacco -.1 16s, Winchcombe, Carson £1 14s, Tooths £1 16s, ditto New Zealand delivery £1 16s. Bonds. — Four per cents 1938 £lOl 17s 6d, 1941 £lO2 ss, 1947 £lOO 17s 6d, 1950 £lOl 7s 6d, 1953 £lO4 15s, 1955 £lOl 17s 6d, 1957 £lO2 ss, 1959 £lOO 15s, 1961 £lOl ss. Melbourne.— National Bank (£5) £6 10s, Metropolitan Gas £ll 9s, British Tobacco (pref) £1 6s sd, Electrolytic Zinc (pref) £1 Bs, Herald and Times £2 15s 9d, Myers £1 6s 9d.

of October 26 and par:— Par Oct. 26 Oct. 2? Paris, rr w fi 124.2, 83 11-16 83 9-16 N.Y., dol to £ 4.86} 3.291 3.284 Montreal, dol. to £ 4.86$ 3.61} 3.63 Brussels, bet. to £ 35.01 23 21-32 23.601 Geneva, tr to £ 25.225 17.07 17.001 Ast-dam, fl to £ I2.18i 8.181 8.16 Milan, lire to £ 92.46 64 5-16 64J Berlin mice, to £ 20.43 13.851 St’holm knr to £ 18.159 19.20 19.121 C’hagen, knr to £ 18.159 19.191 19.181 Oslo, knr to £ 18.159 19.65 19.60 Vienna, schga to £ 34.585 281* 28 Prague, knr to £ 154.25 Uli 111 Hel'fors, mks to £ 193.25 230 230 Madrid, pes to £ 25.225 40} 404 Lisbon, esc to £ 4.50 109i 108 Athens, draon to . £ 375 575 570 Bucharest, lei to £ 813.60 555 555 Belgrade, din to £ 276.31 255 245 Rio de J„ p. to mil 16.7C 5 9-32 51 M Video, p. to peso 51 60’ 30* Bombay, p. to rup 18 18 11-64 18 11-64 Shanghai, p to tael — 2111-16 21S H. Kong, p. tp dol. — 16 3-8 161 Y’hama. p. to yen. 24.582 16i 16 •Nominal

£ a. d. £ s. d. Consols, 21 p.c 76 0 0 15 0 Fund, Loan, 4, 1960-90 ... 108 5 0 17 6 War Loan, 5. 1927-47 102 7 6 1 0 0 Assented War Loan 99 7 6 2 17 6 Convers Loan, 3J p.c. ... 99 17 6 12 6 Victory Bonds, 4 p.o 108 5 0 7 6 C’wealth, 5, 1945-75 105 12 6 10 0 C’wealth, 6, 1931-41 101 0 0 5 0 C’wealth, 34, 1936-37 99 17 6 12 6 Victoria, 3, 1920-49 89 10 0 12 6 Victoria, 34, 1929-49 94 10 0 17 6 Victoria, 54, 192949 101 5 0 5 0« Victoria, 5, 1932-42 100 7 6 5 0 Victoria, 4f, 1940-50 102 16 3 1 3* N.8.W., 4, 1933 101 5 0 10 0 N.S.W., 3, 1935 98 12 6 10 0 N.S.W., 3i, 1930-50 94 12 6 15 0 N.S.W., 59, 1922-32 99 12 6 7 6 N.S.W., 6J, 1930-40 101 15 0 5 0 N.S.W., 6, 1930-40 100 5 0 2 6 Q’land, 5, 1940-60 . 103 : 6 Q’land, 53, 1930-40 89 5 0 2 0 0 Q’land, 59, 1930-40 101 13 9 13 9 N.Z., 4J, 1948-58 106 10 0 same N.Z., 34, 1940 99 10 0 2 6 N.Z., 3, 1945 93 0 0 5 0 N.Z., 6 ,1936-51 106 2 6 same S. Aust., 3J, 1930 98 0 0 1 10 0 8. Aust., 3, 1916 or after 78 10 0 17 6* 8. Aust., 64, 1930-40 101 17 6 2 6 Tasm., 31, 1920-40 99 5 0 5 0* Tasm., 3, 1920-40 89 0 0 same Tasm., 69, 1930-40 102 7 6 7 6’ W. Aust., 34, 1920-35 99 10 0 15 0 W. Aust., 3, 1915-35 98 10 0 5 0 W. Aust., 6, 1930-40 101 7 6 12 6 •Increase.

Copper— Standard, spot 30 13 1J 30 21 6 Standard. fwd. 30 15 74 30 15 74 Electrolytic 35 0 0 35 0 0 to 36 0 0 36 0 0 Wire bars ... 36 0 0 36 0 0 Lead— Spot ... 11 12 6 11 12 6 Forward ... 11 17 6 11 17 6 Spelter— Spot ... 15 1 3 15 0 74 Forward ... 15 6 3 15 5 0 Tin— Spot ... 152 3 9 153 0 0 Forward ... 152 12 6 153 12 6 Silver— Standard, per oz. 18 l-8d. Fine, per oz. 19 l-8d. 19 9-16d.