SYDNEY EXCHANGE

New Zealand Herald, Volume LXXIII, Issue 22413, 8 May 1936, Page 7

SYDNEY EXCHANGE

BONDS SECTION FIRMER PLACER DEVELOPMENTS RISE (Received May 7, 8 p.m.) SYDNEY, May 7 The investment market on the Sydney Stock Exchange to-day was steady. Placer Development shares had renewed support at a higher figure. Bank of New South Wales registered a partial recovery, while Commonwealth bonds were "active and firmer. Sales included: £ s d Bank of New South Wales .. 33 6 0 Commercial Bank Australia . . 10 0 Commercial Bank Sydney . . 20 12 0 Mercantile Mutual Insurance 111 0 Galdsbrough-Mort . . • • 111 71 Australian Gas (A) . . . . 712 6 Newcastle Gas (A) .. •• 012 10 Queensland Brewery . . • • 19 1! Tooth's Browery - . • - 212 6 Ditto . . . . ■ . • • 212 3 Australian Glass . . ■ • 4 9 9 Ditto . . • - . ■ • • • 410 0 Australian Wood Pipe . . 012 0 Amalgamated Textiles . . . ■ 0 9 5 Associated News (pref.) .. 14 41 Berlci 1 14 9 British Tobacco - - 1 19 10 a Broken Hill Proprietary .. 3 1 0 Colonial Sugar • ■ 41 15 0 Dutilop-Perdriau • ■ 0 1(5 li Ditto (pref.) 1 12 9 Drug Houses . . . - 110 0 Electrolytic Zinc (pref > . . 200 Faivymead Sugar • ■ 118 3 Garratts ..072 General Industries .. 0 19 3 Hoyt's Theatres (A pref.) . . 018 6 James Stedman . . . . 013 0 Morris Ilcdstrom .. .. 16 3

North Broken Hill . . • . 717 0 Pitt. Son and Bodgery . . 2 0 0 Standard Cement . . . . 110 W. R. Carpenter . • • • 22 6 "Wilcox MofTlin . . . . • ■ 0 113 Zinc Corporation . - 4 19 Bulolo . . ■ • 8 5 0 Peninsula Tin . . . . . . 14 0 Emperor . . . . • ■ 011 6 T\atu Tin 110 Loloma . . 0 18 3 Mount Paris Tin 0 4 1 Placer Development . . 517 C Commonwealth Bonds.—3! per cent. 1912, £lOl 2s Od: 1919. £IOO 15s: 4 per cent. 1938. fin-'' 15s: 1941. £lO3 Is 3d: 1950, £lO2 17s (VI : 1953. £lO2 15s; 1955, £lO2 17s Gd: 1957, £lO3 ICs 6d; 1961, £lO2 17s 6d. MELBOURNE EXCHANGE Australasian Cement . . . . ISO Dunlop-Perdriau (pref.) . . 112 10! Howard Smith . . . . • • 0 17 6 Emperor . . .. • ■ • • 011 4 Loloma . . .. • • • • 017 11 Mount Morgan . . . . 015 10 Placer Development .. . . 518 0 FOREIGN EXCHANGES STERLING A SHADE WEAKER British Wireless RUGBY, May 6 The following rates on foreign exchanges are current, compared with the cabled quotations on May 5 and par:—

May 6 May 5 Par Montreal, dol. . . 4.96'/4 4.96% 4.8C6 New York, dol. . 4.96 4.9 isy la 4.866 Paris, fr. . . 75 n % a 75%,, 124.21 Brussels, belga . 29.19 29.20 35.00 Geneva, fr. . . 15.28 15.30 25.22 Amsterdam, fl. . 7.31 7.32% 12.10 Milan, lire ■ . . 63%0 63% 92.46 Berlin, r.m. .. 12.29 12.34 20.43 Stockholm, kr. . 19.39% 19.39'/, 18.159 Copenhagen, kr. . 23.37% 23.37% 18.159 Oslo, kr. . . 19.90% 19.90% 18.159 Vienna, sch. . . 26% 26% 34.585 Prague, kr. . . 120 119% 164.25 Helsingfors, mark 227 227 193.23 Madrid, pes. . . 36 n /i« S6 13 /„ 25.221 Lisbon, escu. 108% 108% 110 Athens, -dr. 521* 521" 375.00 Bucharest, lei. 672* 672* 813.6 Kio de Janeiro,mil. 4%d 4',id 5.899 d Huenos Aires, dol. 35d 35d 47.619 d Montevideo, dol. 39% d* 39! <d* 51 d iiombay, rupee . 18% d 18% d 18d Shanghai, dol. . 14% d 14% d Hongkong, dol. . lo'Med Yokohama, yen . 14V,„d 14%« d 24.58 d Batavia, fl. . . 7.27% 7:29 12.10 Belgrade, din. . . 218 217 276.31 •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 On demand . . 3.98% 3.98% T.T 3.97% 3.97% Buying: On demand . . 4,02% 4.02% 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 Selling U.S.A., dol. .. 3.97% 4.02% 3.98 Canada, dol. . . 3.97% 4.02% 3.98% Austria, sch. . 20.87 Belgium, belga . 23.317 Czechoslovakia, cr. 95.46 Denmark, kr. . . 17.894 18.264 17.904 France, fr. . . 60.24 61.52 60.28 Germany, r.m. .. 9.797 Holland, fl. . . 5.823 6.033 5.827 Java, fl. • . . . 5.785 6.005 5.789 Norway, kr. . . 15.892 16.242 15.902 Sweden, kr. . . 15.489 15.544 15.499 Switzerland, fr. . . 12.173 12.548 12.178 Noumea, fr. . - 58.87 63.32 58.93 Papeete, fr. . . 59.02 63.32 59.03 .N.Z. pence to— Hongkong, dol. . . 20 23-6-1 18 49-64 20 21-64 India, rupee .. 22 a % a 22% a 22 57-64 Ceylon, rupee . . 22' i % a 22% a 22 57-64 Japan, yen . . 17 41-64 Shanghai, dol-. . . 18 39-64 17 3-64 18 Singapore, dol. . . 35 31-64 34 15-64 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 ad s d Australia, pound . . 19 10-81 20 0.00 London, pound .. 24 10.65 20 0.00 Fiji, pound . . 22 5.G6 20 0.00 New York, dollar . . 5 0.18 4 1.31 Montreal, dollar .. 5 0.15 4 1.31 Paris, franc . . • • 0 3.J7 0 1.93 Berlin, reichmark . . 2 0.19 U 11.74 Copenhagen, krone . . 1 1.a3 1 l.ji Yokohama, yen . . . . 1 5-49 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 bv the Customs Department when the oxact time of departure is learned. Finally declared rates are marked*:— Brisbane Maru. Japan, yen .. .. "Hd B-enholm, Canada, dollars .. .. 4.UH Benholm, America, dollars .. . • 4.94 Niagara, Canada, dollars . . 4..)(>/, Cape Horn. America, dollars .. 4.94 Monterey, America, dollars .. . . 4.m Canadian Britisher,, Canada, dollars 4. Jo A Port Hobart, America, dollars . - 4.94 PRICES OF METALS MARKET FAIRLY STEADY (.Received May 7. 7.35 p.m.) LONDON, May 6 Following are to-day's quotations on the London metal market, compared with those of May 5: May 0 May j Per toil Per ton £sd £ b d Copper, stan., spot . . 37 0 7J 37 13 Copper, stan., 3 mos. 37 6 10J 37 6 10J Copper, electrolytic . . 41 7 6 41 7 6 to to 41 12 6 41 12 6 Copper, elect., wire ba;s 41 12 6 41 12 6 Lead, soft, spot . . 16 17 6 15 18 9 Lead, soft, forward 15 17 6 15 18 9 Spelter, spot . . 14 17 6 14 17 6 Spelter, forward 15 2 6 15 2 6 Tin, stan., spot iOS 5 0 200 15 0 Tin, stan., 3 mos, . 200 0 0 199 17 6 CALL AND DIVIDEND LIST Dividends— .... ~ r i '" >ue Martha Gold Minms Co.—final, Is a share, tax free . . 10-day Sharland and Co.—int.. ord. and pref.. 2i p.c. .. • ■ r May 11 Macky, Logan. Caldwell—final. 31 May 12 Bycroft—final. 3 p.o. .. . • May 12 Mosgiel Woollen—int., 4 p.o. .. May 13 Taupiri Coal—ord., 5 p.c. .. May 13 Traders' Finance—int., pref., 5 3-5 p c p.a 14 Burns-Philp—final, 5 p.c. .. May 14 National Insurance—int., 4d a B ) iare May 15 Dalsety—int., 2s fid a share . . May 15 Dental and Medical—3 p.c. .. May 18 Broken Hill Pty.—half-yearly. Is 3d a share . . . . May 20 N.Z Paper Mills—final, 4 p.c. .. Mav 20 Dominion Fertiliser—final, 4} p.c. May 2G Bank N S.W.— Quarterly. 5s a share . . •• , ■ ■ • • May 27 N Z Newspapers—final, 3 p.c. . . May 27 West port Coal—int., 6d a share May 28 Henry .Tones—int., 6d a share . . June 1 Broken Hill South-2s 6H a sbare June 13 Mt. Lyell—int., 6d a share . . June 22 Mining House Concessions—final. 2d a share May 28