SYDNEY EXCHANGE

New Zealand Herald, Volume LXXII, Issue 22240, 15 October 1935, Page 5

SYDNEY EXCHANGE

FAIRLY ACTIVE BUSINESS SOME METALS FIRM (Received October 14, 8.5 p.m.) SYDNEY, Oct. 14 Business on tho Sydney Stock Exchange to-day was fairly active and well distributed. Silver and lead issues were firm, while tin shares were medium. There was considerable business. This morning's sales included:—Commonwealth 4 per cent bonds, 1941, £lO2 15s; 1944, £lO4 ss; 1950, £lO3 15s; 1955, £lO5 10s; Commercial Bank of Sydney, £l7 19s; Australian Gas, A shares, £7 15s 6d; Tooth's Brewery. 565; Broken Hill Proprietary (rights). 18s 9d; James Steel man, 17s 4jd; Meggitt's, 225.

This afternoon's sales were; —Bank of New South Wales, £3l 15s; Commercial Bank of Sydney, £l7 19s; National Bank (£5 paid, New Zealand delivery), £6 16s; Union Bank, £9 ss; Colonial Sugar, £43 ss; Associated Newspapers, 23s Gd; ditto (prof.), 23s Howard Smith, 17s Gd; Tooth's Brewery, 55s 9d; Drug Houses, 27s 74d; Australian Glass, 78s 6d; Australian Iron and Steel (pref.), 255; WilcoxMofflin, 10s 2d; Morris Hedstrom, 23s Gd; Fairymead Sugar, 38s; Electrolytic Zinc, 32s Gd; Standard Cement, 21s 3d: General Industries, 17s lOJd; W. E. Smith, 13s 4d; United Provisions, lis 8d; Wool worths (second pref.), 275; Wuuderlich, 20s Gd; Mount Morgan. 35s Gd; Mount Lyell, 19s lOJd; Broken Hill Proprietary (cum rights), 645; ditto (ex rights), 54s Gd; South Broken Hill, £5 Is; Kuala Kampar, 14s Gd; Ilawang, 8s lOd; Larut, 12s 3d; Placer Development, £5 7s; Mount Kasi, 20s 6d; Tavua, 5s Bd. Melbourne sales were: —GoldsbroughMort, 31s; Zinc Corporation, 675; Enterprise, 77s Gd; New Morobe, £6.

FOREIGN EXCHANGES " THE DOLLAR AND FRANC British Wireless RUGBY, Oct. 12 The following rates on foreign exchanges are current, compared with the cabled quotations on October 11 and par:— Oct. 12 Oct. 11 Par Montreal, d 01... . 4.97% 4.97% 4.8G6 New York, dol. . 4.90 3 /,, 4.90 l V 16 4.866 Paris, fr. . . 74%, 74'/,. 124.21 Brussels, belga . 29.13 29.12% 35.00 Geneva, fr. .. 15.05 15.05% 25.22 Amsterdam, fl. . 7.23% 7.23% 12.10 Milan, lire . . GO% GO% 92.46 Berlin, r.m. .. 12.18 12.18 20.43 Stockholm, kr. . 19.39% 19.39% 18.159 Copenhagen, kr. . 23.39% 23.39% 18.159 Oslo, kr. .. 19 90% 19.90% 18.159

Vienna, sch. . . 26 26 34.585 Prague kr. .. 113 7 / la 118% 1G4.25 Helsingfora, mark 220% 226% 129.23 Madrid, pes. . . 25 a % a * 25 59-64 25.221 Lisbon, escu. . . 110% 110% 110 Athens, dr. . . 514* 513* 375.00 Bucharest, lei. 623 * 624 * 813.6' RiodeJaneiro.mil. 4%d* 4%d* 5.899 d Buenos Aires, dol. 35d* 35d* 47.619 d Montevideo, dol. 39% d* 39 3 /; d* 51d Bombay, rupeo . 18% d 18% d 18d Shanghai, dol. . . Wind Hongkong, dol. . 24% d 24% d Yokohnma, yen . 14% 2 d 14'/,ad 24.58 d Batavia, fl. . 7.23% 7.23% 12.10 Belgrade, din. . . 215 215 276.31 Warsaw, zloty . . 26i0G 2G.08 43.38 •Sellerß. NEW ZEALAND QUOTATIONS The Associated Banks (other than the Bonk of Now South Wales) quoted the following dollar rates yesterday, on a New Zealand currency basis, subject to alteration without notice: — Selling: United State* Canada T.T 3.93% 3.98% On demand .. 3.93% 8.99% Buying: On demand .. 3.98 4.03% Following are the latest ratbs for purchases. and sales of exchange quoted by the Bank of New South Wales, Auckland. They are subject to alteration without notice: — 1 T.T. On Demand To £1 N.Z. Currency Selling Buying Selling "U.S.A., dol. .. 3.927, 3.98% 3.93% Canada, dol. . .. 3.93% 4.03% 3.99 France, fr. .. 59.13 60.73 59.18 Noumea, fr, .. 58.38 61.7 ft 58.43 Papeete, fr. .. 58.38 61.78 58.43 Belgium, belga .. 23.090 Germany, r.m .. 9.578 Italy, lire . . . . 47.79 Switzerland, fr. .. 1i.912 12.387 11.922 Holland, li. .. 5.G98 5.998 6.702 Java, fl 5.698 5.973 5.702 Sweden, kr. . . 15.458 15.828 15.468 Norway, ki. . . 15.868 16.238 15.878 Denmark, kr. . 17.878 18.248 17.8^8 Aufctria, Hch . . 20.42 Cztcho-Slovakia, cr. 94.61 ■- 94.66

N.Z. pence to Japan, yen 17' V,,. - 17 4H-64 Shanghai, dol. . . 23'/4 21 a % a 23/"i* India, rupee .. 22 J % a 22%, Ceylon, rupee .. 22 a % a 22%, 22 Vi a Hongkong dol. . . 3029 J % a 30a Singapore, .dol. . . 35"/$ a 8-1% 35

Tho cost in New Zealand currency of the pound sterling, and of the principal overseas unit*, on the latest quotations, is as follows: —

Present Price Par s d ad Australia, pound .. 19 10.81 20 0.00 London, pound .. 24 10.05 20 0.00 Fiji, pound .. .. 22 5.00 20 0.00 New York, dollar •• 5 0.90 4 1.31 Montreal, dollar •• 5 0.0-1 4 1.31 Paris, franc .. .. 0 4.01 0 1.93 Berlin, reichmark <. 2 0.50 0 11.74 Copenhagen, krone .. 1 1.33 1 1.22 Yokohama yen . .. 1 5.45 9 0.68 CUSTOMS EXCHANGE RATES Rates of exchange ruling at the announced dates of departuro of vessels named aro 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 tho vessel in New Zealand. Finally declared rates aro marked*: — Canadian Conqueror, Canada, dol. 4,90% City of Tokio, America, dollars .. 4.93 ,5 /i« Brisbane Maru, Japan, yen 1 .. 14 l / IR d Innaren. Canada, dollars .. 4.97/« Monowai. Canada, dollar* .. . . 4.97