AUSTRALIAN SHARE MARKETS
INDUSTRIALS FIRMER. SYDNEY. Deo. 7.
Barrier shares were irregular on ’Change to-day; Mt. Lyell wore weaker, probably due to the fall in tho price of silver owing to fears that the silver agreement may not he extended. Industrial issues were firmer.
Sales. —Bank of New South Wales, £33: Commercial Bank of Sydney, t£2o 13s; Queensland National Bank, £5 4s fid; Associated News, New Zealand delivery, 23s 6d; ditto, prof., 24s 6d; Colonial Sugar, £47; Burns, Philp, 555; G. J. Coles, 84s fid; 50s; Tooths, _ 545; G. J. Coles, 84s fid; Dunlop-Pordriau, 22s 7jd; Ccneral Industries, 19s; Kandos Cement, 24s 3d; Hume Pipe, 19s lOJd; Wcstinghouse, 22s 6d; Felt and Textiles, new. issue, paid, 34s 9d; old issue, 36s 9d; Ncwlxild. 335; J. McGrath, 38s; W. R. Carpenter, 46s 6d; Gordon and Gotch, 53s 3d; Standard Cement, 17s 3d; J. Fielding,' 91s; Producers General, 10s 6<l: Perpetual Trustee. 97s 6d; United Provisions. 6s 6d; Wincheombc. Carson, 31s 6d; Wilcox Mofflin, 10s 9d; Fairyrncad Sugar, 35s 6d; Electrolytic Zinc. 48s; Mt. Lyell, 33s 3d; Broken Hill Ppty., 635; North Broken Hill, 53s 9d; South Broken Hill, 37s 9d: New Broken Hill Consolidated, 13s 10d;* Zinc Corporation, £5 ss; Taranaki Oil, 7s. MELBOURNE, Dec. 7.
On tho Stock Exchange at' Melbourne the market continued quiet to-day. Barriers wore easier. There was a good rise in Australian Glass. Cold issues were dull. Sales. —Commercial Bank of * Australia, 17s 3d; National Bank, £5 paid, £7 Is; ditto, £lO paid, £l4 1b; Adelaide Steam, 31s 3d; British Tobacco, 49s 9d: G. J. Coles, 84s 6d; Drug Houses, 25s fid: Australian Glass, 90s; Dunlop-Perdriau, 22s 9d; Goldsbrough Mort, 32s 7£d; Woolworths, Ltd., 26s 10id; Australian Paper Mfrs., prof., 25s 3d: .Electrolytic Zinc, 47s 9d; ditto, pref., 51s; Mount Morgan, 12s sd; Mount Lyojl, 335; Broken Hill Pptv., 635; North Broken Hill, 53s 6d; South Broken Hill, 37s ljd; Zinc Corporation, £5 sb; Tonkah Harhour Tin, 20s; Emperor. 12s 7d; Loloma, 17s 4d; Taranaki Oil, 7e 2d.
FOREIGN EXCHANGES. ON NEW ZEALAND CURRENCY RASIS. Tlie Bank of New South Wales, Wellington, quoted the following rates for their purchases end sales of foreign exchange yesterday : New Zealand. Buying. Selling, on London —
The Associated Banks (other than the Bank of New South Wales) quoted tho following dollar rates yesterday on a New Zealand currency basis They are
CASE METALS MARKET. FURTHER ADVANCE IN PRICES. LONDON, Dee. 6. The official London (middle) quotations as reported by the Australian Mines and Metals Association compare with those previously cabled as follow:
(British Official Wireless.) RUGBY, Dec. 7. • A sharp fall of one penny in the spot price of silver to 18 7-16 d. per ounce was recorded at the “fixing” to-day. The fall is being attributed to uncertainty regarding the future price of the metal following market reports regarding a possible termination of the sales agreement. The forward quotation is 18 3-16 d. per ounce.
£N.Z. to stg.100 T.T. 124 124/10/0 Australia— £A. to £N.Z. O.D. 123/10/0 124/8/9 100 T.T. — ' Fiji— £F to £N.Z. O.D. 101 100/10/0 100 T.T. — — New York — Dollar* to O.D. 90/7/6 89 N.Z T.T. 4.0452 4.0106 Montreal — Dollars to £ O.D. 4.0552 4.0146 N.Z T.T. 4.0429 4.0104 F ranee — Francs to £ O.D. 4.0549 4.0144 N.Z T.T. — 117.12 Hone Kong— N.Z. pence O.D. 117.16 to 1 dollar . T.T 18 29-64 18 53-64 Japan— N.Z. pence O.D. 18 27-64 13 53-64 to yen T.T. — 17 33-64 Shanghai— N.Z. pence O.D. 17 33-64 to dollar .. T.T. r • 13 11-64 O.D. — 18 11-64
subject to alteration without notice. U.S.A. Canadian Do! (Per Dol. (Per £1 N.Z.) £1 N.Z.) T.T . 4.011-16 4.0013-16 O.D .. 4.017-16 4.01 3-16 Buviner — O.D .. 4.05a 4.05*' ■.
Doc. 3. Dec. 6. For Ion. For ton. Conner-- - £ s. c £ s d. Standard, spot 40 10 74 41 9 44 Ditto, forward 40 15 71 41 14 41 Electrolytic 45 0 0 46 0 0 to 46 0 0 47 0 0 Wire bars Lead — 46 0 0 47 0 0 Spot 14 16 18 14 Forward Spelter— 44 17 0 74 74 Spot .'.j....' u 16 5 Forward ...... Tin- ..:... 16 5 14 16 10 74 fSpot Forward ...... ..... 194 13 193 13 9 9 200 13 199 16 6 3 Silver— Standard, per oz ... Winn Slid ie7 16d 19od -(-American, 44.75 cents a
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Bibliographic details
Manawatu Standard, Volume LVIII, Issue 9, 8 December 1937, Page 5
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712AUSTRALIAN SHARE MARKETS Manawatu Standard, Volume LVIII, Issue 9, 8 December 1937, Page 5
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