AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXI, Issue 21916, 27 September 1934, Page 7

AUSTRALIAN EXCHANGES

YESTERDAY'S BUSINESS SYDNEY MARKET BUOYANT (Received September 26, 7.36 p.m.) SYDNEY, Sept. 26 Investment transactions on the Sydney Stock Exchange to-day embraced a wido range of issues and the market was buoyant, but goldmining and tin shares were irregular. This morning's sales included:—Commonwealth 4 per cent bonds, 1941, £lO7 8s 9d; 1947, JCIOB 17s 6d; Australian Gas, A shares, £7 18s; Tooth's Brewerv, 47s 6d; Associated News, 255; Broken Hill Proprietary, 525; Colonial Sugar, £67 ss; Dunlop-Perdriau, 20s; Golds-hroiigh-Mort, 29s lOJd; James Ste'dman, 14s 6d; Lustre Hosiery, 24s 3d; Millaquin Sugar, 33s 6d. Later sales included:—Bank of New South Wales, £32 15s; Commercial Bank of Sydney, £l7 18s; Bank of New Zealand, 50s; Australian Provincial Assurance, 10s 6d; Associated News, 255; Australian Gas, A shares, £7 19s; Tooth's Brewery. 47s 6d; Toohey's Brewery (ex dividend), 295; Meggits, 21s 6d; \V. R. Carpenter, 40s 6d; Hume Pipe, 12s 9d; Goldsbrough.-Mort, 29s 9d; Wilcox. Mofflin, 10s; Millaquin Sugar, 33s 6d; Electrolytic Zinc, 28s; David Jones, 435; Anthony Hordern, 15s; Mount Morgan, 33s 7sd; Mount Lyell, 20s; South Broken Hill. 7s 6d; Bulolo Gold, £9 4s; Kuala Kampar. 14s 9d; Rawang, 8s lid; Euratha Gold, 9s lOd. Commonwealth 4 pdr cent bonds, 1938, £lO6 lis 3d; 1941, £lO7 8s 9d; 1944. £lO9 3s 9d; 1947, £IOB 17s 6d: 1950 and 1953, £llO 2s 6d; 1955, £lO9 17s 6d; 1961, £lO9 15s. Melbourne sales included:—Commercial Bank, preference, £9 18s; National Bank (£5 paid), £6 10s; Australian Glass, preference, 40s; Dunlop-Per-driau, 19s lOd; Howard Smith, 16s; Mount Lyell, 20s; Taranaki Oil, Is. LONDON STOCK EXCHANGE BANK SHARES AND DEBENTURES LONDON. Sept. 25 On the London Stock Exchange quotations of bank shares and other corporation debentures and stocks compare with previous quotations as follows: — Sept. 11 Sept. 25 £Bd £ a d Australasia .. .. 9 0 0 910 0 New South Wales . . 25 0 0 26 10 0 Union, of Australia . . 7 1 3 7 8 9 National of N.Z. . . 217 6 217 6 N.Z. Shares . . 2 4 10} 2 3 9 N.Z. Loan and Merc., 4 p.c. deb. . . .. 85 0 0* 84 0 0 N.Z. Loan and Merc., ord 41 18 9 40 10 0 •Ex. div. FOREIGN EXCHANGES DOLLAR GAINS SLIGHTLY British Wireless RUGBY, Sept. 25 The following rates on foreign exchanges are current, compared with the cabled quotations on September 24 and par:— _ Sept. 25 Sept. 24 Par. Montreal, dol. .. 4.80% 4.80% 4.866 New York, dol. . 4.97 V« 4.98% 4.866 Paris, fr. .. 74% li 3 /* }24.21 Brussels, belga . 20.99 20.99/j 30.G0 Geneva, It. •. 15.09 15.10 25.22 Amsterdam, fl. . 7.25 V» 7.26% 12-10 Milan, lire • .. 57'/,. 57 l »/„ 92.46 Berlin, r.m. . . 12.35 12.35 20.43 Stockholm, kr. . 13.39% 19.39% 18.159 Copenhagen, kr. . 22.40 22.40 18.159 Oslo, kr. .. 19.90% 19.90 38.159 Vienna, sch. . . 26% 20% 34.585 Prague, kr. .. 118 118 s /,, 164.25 Helsingfors, mark 226% 226% 129.23 Madrid, pes. . . 36Via 36 l /a 25.221 Lisbon, escu. .. 110 V. 110/» 110 Athena, dr> .. 515* 515* 375.00 Bucharest, lei. . . 493 494 813.6 RiodeJaneiro,mil. 4/id* 4'4d* 5.899 d Buenos Aires, dol. 36% d* 36% d* 47.619 d Montevideo, dol. 39Vi«d* 39V a d* 51d Bombay, rupee . 18'/,«d 18V, 8 d 18d Shanghai, dol. . . 17% d 17%« d Hongkong, dol, . 19d 18% d Yokohama, yen . 14 ll / S3 d 14 u / 32 d 24.58 d Batavia, fl. . . 7.24 7.25 1 2.10 Belgrade, din. . . 215 216 27G.31 •Sellers. NEW ZEALAND MONEY ABROAD Current dollar exchanges, as quoted by the New Zealand banks, are as under: — * Dollars to fl starling Buying Srlling United States . . 5.09 4.89 Canada . . . . 4.93 4.73 Following are the latest rates for purchases and sales of foreign exchange quoted by the Bank of New South Wales, Auckland. They are subject to alteration without notice: — T.T. On Demand To £1 N.Z. Currency Selling Buying Sellinrr France, fr. . . 59.38 60.98 59.43 Noumea, fr. . . 58.63 62.03 58.68 Papeete, fr. .. 58.63 62.03 58.68 Belgium, belga .. 16.541 17.341 16.556 Germany, r.m. .. 9.714 Italy, lire .. .. 45.47 Switzerland, fr. .. 11.945 12.420 11.955 Holland, fl. .. 5.722 6.022 5.726 Java, fl 6.702 5.977 5.70G N.Z. pence to Japan, yen .. 18%. Shanghai, dol, . . 22%j 20% 22 /« l? India, rupee ..22 3 % a22 3 /, a 22 l /ja Ceylon, rupee ..22 3 % a 22%. 22'%, Hongkong, dol. ..' 2-l !, / n , 23%» 24'%, Singapore, dol. .. 35% 34%, 85/ is The cost in New Zealand currency of the pound sterling, and of the principal foreign units, on the latest quotations, is as follows: Present Price Par bd s d Australia, pound .. 19 30.81 20 0.00 London, pound . . .. 24 10.50 20 0.00 New York, dollar .. 5 1.06 4 1.31 Montreal, dollar .. 5 3.11 4 1.31 Paris, franc .. .. 0 4.00 0 1.98 Berlin, reichmark .. 2 0.17 0 11.74 Copenhagen, krone .. 1 1.33 1 1.23 Yokohama, yen . . . . 1 5.86 2 0.58 CUSTOMS EXCHANGE RATES Rates of exchange ruling at the announced dates of departure of the vessels named are shown in the following tabl»>. They arc 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 beinc: marked*: — City of Winchester, Canada, dol. .. *4 92 City of Winchester, America, dol. . . *5.07 Waikawa. America, dol . . 5.035 Golden Cloud. America, dol. . . 4.9!) Canadian Leader, Canada, dol. .. 4.88 i Aoru'ngi. Canada, dollars .. .. 4.85! Monterey. America, dollars .. .. 4.99 i Armadale, America, dollars. .. .. 4.99J GOLD AND SILVER RISE IN QUOTATIONS (Received September 26, 7.35 p.m.) LONDON, Sept. 25 Fine gold is quoted to-day at £7 Is 2Jd an oz, compared with £7 0s lid ycstcrdfty# Silver is quoted at 22 l-16d au oz. spot, and 22Jd forward, compared with 21 15-16 d both positions yesterday. The quotation for silver at por fine oz. is 23 13-16 d, compared with 23 11-16 d yesterday. CALL AND DIVIDEND LIST Dividends— „P U ? Kuala Kampar—3d a share . . To-day Bank A'asia—interim, 3s 6d (sterling) a share, less tax at 4r ,6d in the £1 To-morrow North Broken Hill—final. Is 6d bonus, Is a share .. .. To-morrow Auc. Farm. Freezing—6 p.c. To-morrow Pukemiro Collieries—2J p.c. Tomorrow Dunlop Perdriau—ord, 5 p.c. 1 pref., final, 5 p.c To-morrow British Tobacco —quarterly, 11 p.c.. making 6 p.c. for year Sept. 29 Farm. Auctioneering—ord., 4 p.c. p.a. Oct. 6 Milnn and Choyce—pref., 6 p.c. p.a. : B pref.. 7 p.c. p.a.; ord and deb.. 3} P.c. p.a. Oct. 10 N.Z. Guar Corp.—final, 2d a share Oct. 15 A'asian. Paper—final, ord. and pref., 4 p.c. .. . . . . Oct. 15 Waini—int., Is a share .. .. Nov. 1 CallAlexander Mines—con., 6d a share Today