SYDNEY EXCHANGE

New Zealand Herald, Volume LXXII, Issue 22211, 11 September 1935, Page 9

SYDNEY EXCHANGE

.QUIET DAY'S BUSINESS FIJI GOLD EASIER (Received September 10, 8.5 p.m.) SYDNEY, Sept. 10 On the Sydney Stock Exchange today business was quiet with no material alteration in values. Banking shares held their ground well. Fiji gold shares were inclined to case. This morning's included:— Conunonwe alth 3J per cent bonds, 1942, £IOO 8s 9d; Anthony Hordern, 19s 6d; Associated News, 22sj Broken Hill Proprietary, 67s 6d; Colonial Sugar, £43 10s; Wilcox Mofflin, lis Id. Later sales included:—Bank of New South Wales, £33 7s 6d; ditto, New Zealand delivery, £33 ss; National Bank (£lO paid), £l4 ss; Bank of Australasia, £ll 15s; Associated News, 21s lOJd; ditto (prof.), 235; Howard Smith, 18s 6d; W. It. Carpenter (con.), 325; Australian Gas, A shares, £7 15s; ditto, B shares, £7 16s; Tooth's Brewery, 55s 9d; Carlton Brewery, 51s; Drug Houses of Australia, 275; Aus-tralian-Iron and Steel (pref.), 25s 9d; Dalgetys, £8 10s; Goldsbrough-Mort, 32s (3d; Winchcombe-Carson,. 30s 6d; Morris Hedstrom, 245; Greater J. D. Williams, 8s; Standard C<?ment, 21s 9d; Mark Fov, 19s 6d; Beard Watson, 19s 6d; Amalgamated Pictures, 8s 9d; Claude Neon, 53s 6d; J. Fielding, 745; Gartrell White, 20s 4}d; Broken Hill Proprietary, 675; Bdwang Tin, 7s lOd; Placer Development, £5 10s; New Occidental Gold, 14s 6d; Mataki, 3s 9d; Tjtvua, 12s lid; Mineral Development, 7s 6d; Koroere, 255. Melbourne sales included:—National Bank (£lO paid), £l3 18s; Bank of Australasia, £ll 16s; GoldsbroughMort, 32s 6d; Herald and Weekly Times, 625; British Tobacco, 40s 6d; Yellow Express, 5s 4d; Dunlop Perdriau, 15s 6d; G. J. Coles, 68s; Australian Glass (pref.), 32s 6d; Adelaide Steam, 32s 6d; New Morobe, £ls 10s; Loloma, 97s 6d; Emperor, 23s 6d. FOREIGN EXCHANGES STERLING FLUCTUATIONS British Wireless RUGBY, Sept. 9 The following rates on foreign exchanges ar6 current, compared with the cabled quotations on September 7 and par:— Sept. 9 Sept. 7 Par Montreal, dol. .. 4.94% 4.94VJ 4.866 Isew lork, dol. . 4.92"/ l8 4.93 4.866 Paris, fr. .. 74»/ ls 74"/,. 124.21 i Brussels, helga . 29.31 29.33 85.00 I Geneva, fr. .. 15.18% 15.16% 25.22 j Amsterdam, fl. . 7.31% 7.29% 12.10 Milan, lire .. 60% „ 60% 92.46 Berlin, r.m. .. 12.26 12.25 20 43 Stockholm, kr. . 19.39% 19.39% 18.159 Copenhagen, kr. . 23.39% 23.39% 18.159 Oslo, kr. . . ]9.90% 19.90% 18.159 Vienna, sch. .. 26% 26% 84.585 Prague, kr. .. 119% 119 3 /,, 164.25 Helsingfors, mark 226% 226% 129.23 Madrid, pes. .. 36%, 86% 25.221 Lisbon, escu. .. 110% 110% 110 Athens, dr. . . 515* 513* 375.00 Bucharest, lei. . 624* 625* 813.6 Rio do Janeiro, mil. 4%d* 4%d* 5.899 d Buenos Aires, dol. 35d* 85d° 47.619 d Montevideo, dol. 39% d* ' 89d 51d Bombay, rupee . 18% d 18% d 18d Shanghai, dol. . 18% ad 18% 2 d Hongkong, dol. . 24%jd 24% ad Yokohama, yon . 14% d 14% d 24.58 d Batavia, fl. .. 7.28% 7.28% 12.10 Belgrade, din. .. 217 217 276.31 "Sellers. NEW ZEALAND QUOTATIONS The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates yesterday, on a New Zealand currency basis, subject to alteration without notice:— Selling: United States Canada T.T 3.95% 3.96% On demand . . 3.96 3.96% Buying: On demand .. 4.00% 4.01 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 Soiling Buying Selling U.S.A.. dol. .. 3.95% 4.00% 3.95% Canada, dol. .. 3.96% 4.01% 3:96% France, fr .. 59.54 61.14 59.59 j Noumea, fr. .. 58.79 62.19 59.81 j Papeete, fr. .. 59.79 62.19 59.84 ! Belgium, belga .. 23.239 Germany, r.m. .. 9.638 Italy, lire . .. 47.94 Switzerland, fr. .. 12.025 12.500 12.035 Holland, fl. .. 5.760 6.000 5.764 Java. fl. . . .. 5.730 6.005 5.734 Sweden, kr. .. 15.459 15.829 15.469 Norway. kr. .. 15.867 16.237 15.877 Denmark, kr. .. 17.878 18.248 17.958 Austria, sch. . . 20.54 Czecho-Slovakia, cr. 95.25 N.Z, pencei to Japan, yen .. 17 13 /,. Shanghai, dol. .. 23%, 21"/ 32 23%, India, rupee . . 22 33 / 3a 22%, 22"%, Ceylon, rupee .. 22 J % a 22%, 22 a % a Hongkong, dol. . . 30 l V 3a 29% 30 Singapore, dol. . . 35%, 34% a 35%, The cost in New Zealand currency of the pound sterling, and of the principal overseas units, on the latest quotations, is as follows: Present Price Par sd b d Australia, pound 19 10.81 20 0.00 London, pound •. 24 10.65 20 0.00 Fiji, pound .. .. 22 5.66 20 0.00 New York, dollar . • 5 0.58 4 1.31 Montreal, dollar .. 5 0.32 4 1.31 Paris, franc .. .. 0 1.98 Berlin, reichmark .. 2 0.35 0 11.74 Copenhagen, krone .. 1 1.33 1 1.22 Yokohama, yen .. .. 1 5.57 2 0.58

CUSTOMS EXCHANGE RATES Rates of exchange ruling at the announced dates of departure of vessels named are shown in the following table. They are subject to confirmation by the Customs Department when the exact time of departure is learned on arrival of the vessel in New Zealand. Finally declared rates are marked*:— Melbourne Maru. Japan, yen .. 14%, d Canadian Planter, Canada, dollars 4.96% Sheaf Holme. America, dollars .. 4.96/, Australind America, dollars .. 4 97"/,, Cape York, America, dollars .. 4.98% Sydney Maru, Japan, yen .. .. 14% ad Canadian Conqueror, Canada, dol. 4.99Va

PRICES OF METALS COPPER RATHER FIRMER (Received September 10, 7.35 p.m.) LONDON, Sept. 9 Following are to-day's quotations on the London metal market compared with those of September 6: — Sept. 9 Sept. 6. Per ton Per ton £sd £ s d Copper, sfnn., spot .. 33 12 G 83 8 11 Copper, stan.. 3 mos. 34 0 71 83 16 10J Copper, electrolytic . . 37 5 0 ' 87 0 0 to to 37 15 0 87 10 0 Copper, elec., wire bars 37 15 0 87 10 0 Lead, soft, spot . . 15 13 9 15 12 6 Lead, soft, forward .. 15 15 0 15 15 0 Spelter, spot .. .. 15 3 9 15 2 6 Spelter, forward .. 15 10 0 15 8 9 Tin, stan., spot .. 219 12 6 220 17 6 Tin, stan., 3 mos. .. 209 7 6 209 2 6 NEW PRIVATE COMPANY The following private company has been registered in Auckland:— Industrial Chemicals (N.Z.), Limited.—Capital: £2500, in shares of £l. Subscribers: C. R. Barnard, 742 shares; W. R, Budge, 400; W. A. Mason, 358; \V. C. Browne, 200; S. Tricklobank, 150; G. L. Laird. 125; A. L. Hedge, John Millar, O. R. Buchanan, 100 each; F. Coe, R. W. Lock, J. Miliar, W. J. Williams, 50 each; A. K. Turner,' 25.

RUBBER STATISTICS LONDON, Sept. 9 Stocks of rubber at the end of August, as compared with recent months, were: — May 31 June 30 July 31 Auk. 31 Tons Tons Tons Tons London ~ 96,067 97,112 98,050 101,246 Liverpool . 71,839 73,257 74,948 76,012