SYDNEY EXCHANGE

New Zealand Herald, Volume LXXIII, Issue 22431, 29 May 1936, Page 7

SYDNEY EXCHANGE

STEADY TONE OF MARKET FLUCTUATIONS BOTH WAYS (Received May 28, 8.5 p.m.) SYDNEY, May 28 On the Sydney. Stock Exchange today price changes were fairly evenly balanced between rises and falls. The tono of the market was steady. Sales included :

FOREIGN EXCHANGES STERLING STRONGER AGAIN British Wireless RUGBY, May 27 The following rates on foreign exchanges are current, compared with the cabled quotations on May 2G and par:—

• NEW ZEALAND QUOTATIONS The Associated Banks (other than the Bank of New South Wales) quoted tho following dollar rates yesterday, on a New Zealand currency basis, subject to alteration without notice: — Selling: United States Canada On demand . . 3.99% 4.00% T.T. .. • ■ 8.99% 4.00 demand 4.0-1% 4.01% Following are tho latest rates for purchases and sales of foreign exchange quoted by the Bank of New South Wales, Auckland. Thev are subject to alteration without notice: —

The cost in New Zealand currency of the pound sterling, and of the principal overseas units, on the latest quotations.

CUSTOMS EXCHANGE RATES Rates of exchange ruling at the announced dates of departure of vessels named are flhown in the following table. They are subject to confirmation hy the Customs Department when the exact time of departure ts learned. Finally declared rates are marked*: — Canadian Britisher. America, dollars *4.91 Canadian Britisher. Canada. dol.ars 4.9i> Port Huon, Canada, dollars.. *4.9f> Port Huon, America, dollars Melbourne Maru, Japan, y«>n . . l«l Golden Cloud. America, dollars .. 4.94 Aornnffi, Canada, dollars . . • *.vo/*

SHORT LOANS AND BILLS LONDON DISCOUNT RATES LONDON. May 27 Discount and short loan rates on the London market, compared with those of last week, are as follows: — May 20 May 27 p.c. p.c. Day-to-day loans % Kino trade bills (3 months) 2to 2 l / a 2to 2>/ a Bank bills (3 months) %« A» Bank bills ((! months) /» /« Tieasury bills (2 months. A /» Treasury bil's (3 months) A An

BRITISH WAR LOAN

British Wireless RUGBY. May 27 War loan, 3i per cent, is quoted to-day at £lO5 7s 6d, compared with CIOS 8s Dd on May 25. CALL AND DIVIDEND LIST dividends— '^ ue farmer*' Trading--flnnl. pre!.. 5 3*5 p.c. . To-morrow Henry Jones —int., fid o. share. . Juno 1 Kotoiti Timber—pref,.i 6 p.c. for 7 yc<i r h • * ■ * nne o N.Z. Perpetual Porests—final. 4 p.c. Juno 8 N.Z Breweries—final. 4 p.o. June 10 Waihi Junction—4d a share . Juno 12 Bank New Zealand—final, old., 5 p.c ; D niort., 3J p.c. June 12 Broken Hill South—2h (5d ft share Juno 13 Onniaru Woollen—int., 24 p.c.. June 15 National Timber-final. 2} p.c. June 15 Mt. Lyell— int., 6d a share June 22 farmers' Trading—final, ord., 5 p.c June 25 North Broken Hill—div.. 2s 6d a share; bonus. Is a share . . Juno 26 Morris ITedstrom—final, ord.. 2J p_ c • June 30 Gisborne Gas— H D.e Juno Australian Glass—final, nref.. 11 p.c ; ord., 10 p.c. JuneNational Mortcaee —int.. 5 p.c. p.a Julv I National Bank N.Z.—final, 2 p.c., in sterling, free of tu . . July

a s d Hunk ol Adelaide t; It 0 E., S. nnd A. Bank c 3 6 Hunk New South Wales . . !);i 0 0 Wilcox MofTlin a 11 9 Australian Gas (A) . . 7 12 0 Howard Smith 0 18 9 Ditto () 18 n Tooth's Brewtry 2 12 0 Toohey's 1 11 3 Associated Ncwb 1 2 0 Ditto . . . . ' 1 2 It Ditto (prof.) 1 3 3 Australian Glass . 1 10 li Anthony Hordern 0 19 0 Australian Gypsum 0 19 0 Broken Hill Proprietary 3 5 0 Ditto UOs paid) 2 0 9 Ditto . o IOJ Burns-Philp . . 3 11 0 Ditto (South Sea) 1 G 0 British Tobacco . 2 1 9 Colonial Sti^ar 42 2 r> DritK Houses 1 11) 7 4 Dunlop-Perdriau 0 17 10i David .Tonrs 2 4 3 Edwards Dun lop 2 o G Fanners' I 9 3 General Industries 0 19 G Hume Pipe 0 19 0 Henry .Tones . • 2 1 3 0 Millaquin Sugar 2 0 MeairitU . 1 7 G Pitt. Son nnd Badgerv 2 0 0 Stedmau 0 18 0 United Provisions 0 14 0 AVoolworths (ex bonus) 5 0 0 I">i t to R 1 fi Emperor 0 12 0 Loloma ■ • 0 18 G Mount Morsnn 0 14 2 North BroVon Hill 8 8 0 Placer Development 5 11 0 Commonwealth Bonds.— 19 IS :il. fnr. 10a 1938. 4. A'102 18s 9d. MELBOURNE EXCHANGE £ s d Commercial Bank Aust. 0 19 3 0 ITerald and Times fl 9 Kmperor 0 11 9 Loloniil 0 18 G Mount Morgan 0 14 3

May 27 May 2G Par Montreal, dol 4.09'/a 4.98% 4.800 New York, do!. . 4.98% 4.98% a 4.800 Paris, fr. 75"/,„ 75 3 % a 124.21 Brussels, belga '29.47% 29.4(5 35.00 Geneva, fr. 16.42'a 15.41% 25.22 Amsterdam, fl. 7..17% 7.37% 12.10 Milan, lire . . 63% 03% 92.40 Berlin, r.m. 12.38 12.37 20.43 Stockholm, kr. 19.39% 19.39% 18.159 Copenhagen, kr 23.37% 23.37% 18.159 OhIo. kr. 19.90 19.90 t8.169 Vienna, sch. 20% 2(1% 84.585 Prague, kr. 120% 120% 104.25 Helsingfors, mark 227 227 193.23 Madrid, pes. 'W/ n 30% 25.221 Lisbon, eacu. 108% 108% 110 Athens. Vlr, 528* 528* 375.00 Bucharest. lei. . 074* 074* 813.0 RiodeJaneiro,mil. 4%d 4%d 5.899d Buenos Aires, dol. 35d 85 d 47.019d Montevideo, dol. 39%d 39 %d 51 d Bombay, rupee . 18%d 18%d 18d Shanghai, dol. 14 7 / I9 d 14"/, a d — Hongkong, dol. . ln 0/ i#d 15V„d 24.58d Yokohama, yen . 14% a d 14% 2 d Batavia, fl. 7.33% 7.33% 12.10 Belgrade, din. 219 "Sellers 219 270.31

r.T On Demand I'o I'l N.2. I'urrency Selling Buying Sellinc U.S.A., dol. 3.99% 4.04VJ 3.99% Canada, dol. 4.00% 4.05 4.00% Austrin, ach. 20.87 — 20.89 Belgium, belea 23.536 — 23.547 Czechoslovakia, cr. 95.54 18.263 95.59 Denmark, kr. 17.893 17.903 France, fr 00.53 — 60.57 9.878 Germany, r.m. .. 9.873 — Holland, fl. . 5.875 — 5.879 Java, fl. 6.833 — 6.837 Norway, kr. 16.892 16.242 15.902 Sweden, kr. . . 15.487 15.842 16.497 Switzerland, fr. .. 12.292 — 12.297 Noumea, ifr. 59.16 — 69.22 59.37 Papeete, fr. 59.31 — .V.7, pence to— Hongkong. do!. . India, rupee Ceylon, rupee 20 Ve 22"/„ 22"/,, 18"/„ 22V,a 22%, 20%, 22 57-61 22 57 64 17"/, R IS 33 64 36'%, Japan, yen Shanghai, dol Singapore dol 17 45-01 18"/„ 35 31-04 lG 31 /,, 34 15-64

Australia, poum London, pound Fiji, pound New York, ooll Vfnni i*pnl rlnllfir . . 19 10 . . '24 10 . . 11 5 ir ..4 11 4 11 ■ l iVlOIi viiTUi* uuni*4 Paris, franc Berlin, reichmar 0 3 k ..2 0 94 0 1 11 0 11 oq 1 1 98 74 OO Copenhnnen, krone . . * * Yoki. homa. yen . . ' b oo l * 52 2 0 k