THE LONDON MARKETS

New Zealand Herald, Volume LXX, Issue 21596, 14 September 1933, Page 5

THE LONDON MARKETS

.QUOTATIONS FOR METALS FIRMER TENDENCY SHOWN (Received September 13, 7.35 p.m.) LONDON, Sept. 12 Following aro to-day's quotations on the London metal market compared with those of September 11:

QUOTATIONS FOR HIDES At tho London itides sales to-day qun,tations were: —Moatworks, dry salted: Queensland, 35-451 b., 6Jd; 30-401b,, 6id; 25-351 b., 0d; 20-301b., 6d. Now South Wales, 6§d, 6|d, 6Jd, GJd. Wet salted: Queensland, 50-601b. and 4t)-501b., 4id; Now South Wales, both sdj Victorian, abattoirs, both 4|d. LONDON STOCK EXCHANGE BANK SHARES AND DEBENTURES LONDON, Sept. 12 On the London Stock Exchange quotations of bank shares and other corporation debentures and stocks compare with previous quotations as follows: ■ j Aug. 29 Sept. 12 £ s d £ « (1 Australasia ... . . 10 0 0 10 0 44 New South Wales ..MM* 28 11 3 Union . . ..800- 9 G 3 National of N.Z. . . 312 G 31G 8 N.Z. 4 p.c. guaranteed stock 1 . . . , 101 0 0 101 0 0 N.Z. Shores . . 2 8 9 2 7 0 Debentures— N.Z. Loan and Meroiintije, 4 p.c. . . 75 10 0 75 10 0 N.Z. J'oun and Mercantile, ord. -stock. *Ex dividend.A British official wireless mossago states that the stock markets generally left off with a cheerful tone. Affairs closed at about the best point of the day on Continental buying. British funds finished steady with war loan, 3J por cent, at £IOO Gs 3d, compared with £IOO 5s yesterday. Oils, rubbers and home rails were firm but German bonds were inclined to be easier. Internationals showed appreciable gains. QUOTATIONS FOR GOLD SHARES LONDON, Sept. 12 On the London Stock Exchange today quotations included: —New Guinea, 6s 2Jd; Bulolo, 73s Hid.. GOLD AND SILVER —«< QUOTATIONS IN LONDON (Received September 13, 7.35 p.m.) LONDON. Sept, 12 Fine gold is quotod to-day at £6 7s 7d an oz., compared with £6 8s 9}d yesterday. Silver is quoted at 18 3-16 d an oz. spot and 18 5-16 d forward, compared with 18 l-8d and 18id yesterday. The quotation for silver at por fine 07.. is 19|d, compared with 19 9-16 d ■yesterday. FOREIGN EXCHANGES DOLLAR STILL FALLING British Wireless RUGBY, Sept. 12 The following rates on foreign ex-, changes are current, compared with the cabled quotations on- September 11 and par:—

CUSTOMS EXCHANGE RATES Pates of exchange ruling at the announced dates'of departure of the vessels named are shown in the following table. They aro subject to confirmation by the Customs Department when the exact time of departure is learned on arrival of the vessels in New Zealand, finally declared rates being marked*:— Golden Hod,. Canada, dollars . . . . *'l.Bo Golden Rod, An.ierica, dollars . . . *4.42 Golden Bear, America, dollars . . 4.53 Canadian Conqueror, Canada, dollars 4.7G NEW ZEALAND MONEY ABROAD Current dollar exchanges, as quoted by the New Zealand banks, arc as under: — United States Canada Buying . .. '.. 4.G2 4.85 Selling 4.42 / 4.05 The cost in New Zealand currency o£ the,pound sterling and of the principal foreign units, on the latest quotations, is as follows: — Present, Price Par sd s d London, pound .. . . 524 11.58 20 0.00 Australia, pound . .. 20 0.00 20 0.00 New York, dollar . . . 5 7.30 4 1.31 Montreal, dollai . . .. 5 4.45 4 1.31 Pans, mine . . . . 0 3.0(3 0 1.08 Berlin, mark .. *.» 1 10.31 0 11.74 Copenhagen, krone .. ' 1 1.38 1 1.22 Yokohama, yen . . . . 1 5.52 2 These valuations represent the current rates .at which banks sell drafts payable on demand. CALL AND DIVIDEND LIST Dividends— Due Huddart Parker int., pref., 3 'p.c.. ord., 2J p.c . . . To morrow Okarito —Is a share . . . . Sept. 16 N.Z. Fanners' Fertiliser—s p.c. p.a. . . .' . . ... • . Sept. 20 Auckland Farmers' Freezing Co. —ls p.c. p.a Sept. 22 Broken 'Hill South—ls a share . . Sept. 22 N.Z. Drug—interim. 31 p.c. . . Sept. 23 North Broken Hill—ls a share . . Sept. 29 Alexander Mines—Ninth, Is a share, tax free . . . . . Sept. 2D Onnlop-Perdrinu Rubber—final, pref.. 5S p.c., ord,, 4 p.c. . . Sept. 29 British Tobacco—ord., quarterly, 11 p.c. (making 6 p.c. for year) . Sept. 30 fieath and Co.—final, ord.. 4 p.c., pref., 21 p.c. . . . . . , Sept. Bank of Australasia—interim, 3s Gd (sterling) a share _ (less British income tax, 5« in £1) Oct. 6 Ho'w&rd Smith. Ltd.—pref., quarterly, 6 p.c. p.a Oct. 6 Amalgamated Zinc (de Bavays)— int.! 21 p.c, Oct. 6 Komnta Reefs—interim, 3d a share Oct. 30 Waihi Gold Minirig Co. interim, Is a. share . . . . Nov. 1 Electro. Zinc—pref., arrears to Dec. 31. 1932, 8 p.c. p.a. . . Nov. 2 Imperial' Chemical Industries. Ltd. (London)—interim, 2i p.o. Dee. 1

Kept. 12 Sept. 11 Per ton l'er ton £ s d X' e (1 Copper, stun., spot . . 35 16 3 35 6 3 Co).per, atari.. 3 mos. . . 3(5 1 a 35 11 3 'Copper, electrolytic . . 39 0 0 38 15 0 to to Jin in 0 30 6 a Copper, elec., wire bars 39 10 0 39 5 0 Lend, soft, spot .11 17 6 11 15 0 Lend, soft, forward 12 S 0 12 2 6 Spelter, spot 1(5 15 0 Ifi 15 u Spelter, forward 17 1 3 1(5 18 9 Tin, stnii., bpoI , . 217 8 9 214 13 0 Tin. stan., 3 mos. 217 8 0 214 13 9 'Anioricnn 9 cents a lb., name as on Sept. 3.

Sept. 12 Sept: 11 Par. Montreal, dol. .. 4.79% 4.77 4.8GG New York, dol. . 4.57% 4.55 4.8GG Paris, sr. 81 31-32 82 23-32 124.21 Brussels, belga. .. 22.975 23.20 35.00 Geneva, fr. 1G.59 16.75 25.22 Amsterdam, fl. .. 7J>5 8.03 12.10 Milan, lire 60'*/,. or/,. 92.40 Berlin, r.m. 13.435 13,575 20.43 Stockholm. kr. .. 19.375 19.375 18.159 Copenhagen, kr. . 22.40 22.40 18.159 Oslo, kr. 19.90 „ 19.90 18.159 Vienna, ach. 29.50 29.50 ,34.585 Prague, kr. 108.25 109.25 164.25 Helaiucfors. mark 22G.60 • 22G.50 129.23 Madrid, pes. . 38 11-82 38"/,. 25.221 Lisbon, escu. 10G.25 107 110 Athens, dr. _ .. 505 585 375.00 Bucharest, lei. ... 550 550 813,6 Bio de Janeiro, mil. 4.25d + 4%d 6.899d Buenos Aires, dol. 43.25d 43.50d 47.619d Montevideo, dol. 30dt 3Gd+ 51 d Bombay, rupee . 18'/ 1# d 18'/,,d 18d Shanghai; dol. .. 15"/„d 15.2!id — Hongkong, dol. . 16"/,.d 16%d —! / Yokohama, yen . 14 1-32d 14 1-82d 24.58d Batnvia, fL 8.00 7.95 12.10 Belgrade, din. .. 240 235 276.31 tNominal.