SYDNEY EXCHANGE

New Zealand Herald, Volume LXXII, Issue 22271, 20 November 1935, Page 9

SYDNEY EXCHANGE

YESTERDAY'S BUSINESS , FIRMNESS OF MARKETS (Received November 19, 8.5 p.m.) . SYDNEY, Nov. 19 On the Sydney Stock Exchange today bonds tended to improve, the terms of the new loan being well received. Quotations for leading industrial shares were firm to higher, and there was strong demand for retail trading issues. . < This morning's sales inducted: —Commonwealth bonds, 3i per cent, 1948, £97; S| per cent, 1943, £lO2 7s Gd; 4 per cent, 1941, £lOl 12s 6d; 1947, £lO2 18s 9d; 1950, £lO3 15s; 1957, £lO2 7s 6d. Toohey's Brewery", 31s 3d; Tooth's Brewery, 59s 6d; Anthony Hor,dern, *l9s 3d;. Associated News, 24s 3d; ditto, preference, 24s 3d; British Tobacco, 40s 9d; Broken Hill Proprietary, 58s 9d; James Stedman, 17s 6d; Lustre Hosiery, 27s 3d.

Later sales included: —Commonwealth 4 per cent bonds, 1938, £lO3 12s 6d; 1041, £lOl 12s Gd; 1944, £lO2 7s 6d; 1947, £lO2 17s Gd; 1950, £lO3 17s 6d; 1953, £lO3 16s 3d; 1955, £lO3 17s 6d;. 1957, £lO2 8s 9d; 1959, £lO3 2s 6d; 1961, £lO3 7s 6d. Bank of New South Wales, £33 7s 6d; Associated News, 24s 10Jd; ditto, preference, 24s 3d; Antomatio Totalisator, 20s 6d; Howard Smith, 19s 2d; Burns Philp, 655; Berlei, 38s 6d; British Tobacco, 40s 9d; Tooth's Brewery, 59s 9d; Australian Glass, 85s; Greater J. D. Williams, 7s lOd; Farmers, 26s 6d; ditto, New Zealand delivery, 26s 3d; David Jones, 43s 6d; Anthony Hordern, 193 4d; Lustre Hosiery, 27s 9d; General Industries, 20s 3d; James Stedman, 17s 6d; Mount Morgan, 37s 10Jd; Mount Morgan Development, 2s 7d; Broken Hill Proprietary, 59s 3d; ditto, first instalment paid, 28s 6d; Rawang, 9s Id; Mataki, 3s 8d; Emperor, 20s IJd; Koj-oere, 12s lOd; Mineral Development, 2s lid; Tavua Development, 4s. i

Melbourne sates included:—DunlopPerdriau, 16s sd; G. J. Coles, 60s 9d; Zinc Corporation, 70s 3d; Broken Hill Proprietary, first instalment paid, 27s 9d; Broken, Hill South, £5 13s 6d; Mount Lvell, 21s 9d; Mount Morgan, «37s 9d; Placer Development, £5 2s; Emperor, 20s 4Jd; Koroere, 13s 9d; Loloma, 38s. CHEERFUL TONE LONDON STOCK EXCHANGE ; BRITISH FUNDS STEADY (Received November 19, 6.5 p.m.) British Wirelesp RUGBY. Nov. 18 The London stock markets are cheerful and there are appreciable advances in the home industrial section. British funds are steady. War loan, 3J per cent, is quoted at £lO5 16s 3d, compared with £lO5 on November 14. FOREIGN EXCHANGES FRANC AND DOLLAR STEADY British Wireless RUGBY, Nov. 18 The following rates on foreign exchanges are current, compared with tho cabled quotations on November 16 and

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: 4 United Btates Canada I 4 T ft Q4VL Q Qfl On demand •• 8.94?J 3.99% Buying: On demand \- ~ 8.99 * 4.03% 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: —

The cost in New Zealand currency of the pound sterling, and of the' principal overseas units, on tho latest quotations, is as follows: — Present Price Par

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*:— Canadian Victor, Canada, dollars .. 4.08 Canadian Victor, America, dollars 4.91 CJnlden Coast, America, dollar* .. 409 Niagara, Canada, dollars .. .. 4.97VJ Monterey, America, dollnra . .. 4.91% Port Hfbart, America, dollars .. 4.9iy„ Canadian Highlander, Cana,da, dol, 4.96% Melbourne Maru, Japan, yen .. 14% ad

TAURANGA BUILDING SOCIETY [by telegraph—own correspondent] TAURANGA, Tuesday ' The report presented to the annual general meeting of the Tauranga Cooperative Building. Society stated that during the year there had been appro- £™ 0I ! S * otallin g £5600. A sum of £3200 had been held over at the request of members until such time as they desired to avail themselves of the money. The balance-sheet showed that accumulated profits had reached over £033, while profits for the vear amounted to £54.

The retiring directors, Messrs. H. P. Butts, K. Johanson, \V. L. Foxcroft' were re-elected.

par:— Nov. 18 Nov. 16 Par Montreal, dol. .. 4.97'/, 4.97% 4.866 New York, dol. . <.92 4.92 4.866 Paris, fr. 74"/,. 74"/,. 124.21 Brussels, belga , 29.12 29.13% 36.00 Geneva, fr. 15.13 15.13 1 /, 25.22 Amsterdam, fl. . 7.24'/4 7.24% 12.10 Milan, ]ir« 60'Vjn 60"/,, 92.46 Berlin, r.m. 12.22% 12.23 20.43 Stockholm, kr. . 19.39% 19.39'/, 18.159 Copenhagen, kr. . 23.39V, 23.39% 18.159 Oalo, kr. 19 88% 19.88% 18.159 Vienna, ach. .. Prague, kr. Helsingfor*, mark 2G'/i 26% 84.585 1187. 119 164.25 226% - 226% 129.P3 Madrid, pea. .. 36%, 36%, 110% 25.221 Lisbon, escu. .. 110% no Athena, dr. 616* 616* 875.00 Bucbareat, lei. . 627* 627* 813.6 JtiodeJaneifo.mil. iVA* 4%d* 5.899d Buenos Airea, dol. 85d 36d • 47.619d Montevideo, dol. 39»/,.d lSVA 35%d ' old Bombay, rupee . i8y 4 Q lSd Shanghai, dol, , 14%d 17'%.d 14%d _ Hongkong, dol. . 17"/.,d _ Yokohama, yen . 13 s %,d 14 3-64d 24.Md Batavia, fl. 7.20% 7.21% 12.10 Belgrade, din. .. 216 'Sellers. 816 276.31

T.T. To i'l N.Z. Currency Selling U.S.A., dol. .. 8.94 Canada, dol. . • 3.98% Austria, ech. .. 20.62 Belgium, bclga ,. 23.090 Czecho-Slovakia, cr. 95.17 Denmark, cr. .. 17.878 France, fr. .. 69.31 Geimany, r.m. .. 9.610 Holland, fl. .. 5.703 Java, fl 5.682 Norway, kr. ., 15.870 Sweden, kr. .. 15.459 Switzerland, fr. .. 11.973 Noumea, fr. .. 58.56 Papeete, fr. .. 58.56 On Demand Buying Selling 3.99 1 /, 3.94% 4.03% 8.99% — 20.64 23.106 — 95.22 18.248 17.888 60.91 69.36 — 9,615 6.003 5.707 5.957 6.686 16.240 15.880 15.829 15.469 12.448 11.983 CI.96 58.61 61.96 58.61 N.Z. pence to Hongkong, dol. .. India, rupee Ceylon, rupee Japan, yen Shanghai, dol. Singapore, dol. .. 22'% a 22"/„ 22"/i a 17'/. 18 1 */,, Bo 11 /,, 21V2 a 22 "A, 22Vaa 22 a %« 17 39-64 18 Ji 35%,