SYDNEY EXCHANGE

New Zealand Herald, Volume LXXIII, Issue 22476, 21 July 1936, Page 5

SYDNEY EXCHANGE

REACTION IN INDUSTRIALS COLES AND GLASS SUFFER (Received July 'M, 8.1 !> p.m.) SYDNEY, July 20 Although the market for industrial shares generally remained strong, operations on the Sydney Stock Fxchango to-dav revealed reaction in a few of the high-priced issues. G. J. Coles and Australian Glass suffered a material reverse. Sales included: —

Sulpiride Corporation .. U 13 0 Commonwealth flonds.—) per cents, 11KS8, J.MOI 10s; I'M 1, ,CU)I 17s (ill; lull. .i'IUJ 1 OS; f 1 ().i r.s; 111.v.1, ,C 11 MELBOURNE EXCHANGE (In the Melbourne Kxeluinue bonds wcro easier and {lie industrial market hhkkcil .slight Iv. Sales included: — £ s d

FOREIGN EXCHANGES STERLING SLIGHTLY STRONGER British Wireless RUGBY, July 18 The following rates on foreign exchanges are current, compared with the cabled quotations on July 17 and par:—

! NEW ZEALAND QUOTATIONS j The Associated lianks (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 . . 4.03% 4.01 T.T. . . . '1.03% 4 .OVA Buying: On demand . . 4.08% 4.08% Following are the latest rates for purchases anu 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 the latest quotations, is as follows:

.{present Price l'ar h (I s rl Australia, pound .. mio.si -Jo 0.00 London, pound .. «■« Huir, an o.jmj Fiji, pound . ■ '' !!> New York, (iollnr .. I 1 !.:«:$ 4 1 Montreal, dollar . . I H.-'Jj } J-;'' j'uris, franc " :! !, i '' ,]!. * Herlin, reiclunark 1 H-J'J' 0 Copenhagen, krono 1 [■■'•'■J I ,'.z~ Yokohama, yu l

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 timo of departure is learned. Finally declared rates are marked*: — Cambridge America, dollars .. *"> 02 Cambridge, Canada, dollars .. n.Ol Waiotapu, America, dollars .. 5.02 Canadian Conqueror, Canada, dollars •" nil Golden Coast, America, dollars .. .>.02 Aorungi, Canada, dollars . •• ».0.i4 City of Dieppe, America, dollars .. n.OJ/, PUBLIC TRUST OFFICE BUSINESS DURING JUNE Estates of a value of £010,417 were accepted for administration by the Public Trustee during June. Grants of administration made by the Court in favour of the Public Trustee numbered for the month. During -Tune .'ISO new wills appointing the Public Trustee executor were deposited for safe custody bv living testators and 018 existing wills were revised to provide for changes desired by testators. CALL AND DIVIDEND LIST ' Dividends— T)ne M.K. Millinery—int., 10 p.c. '.. To-day Golden Dawn—ls a share .. July 21 0, J. Coles —final, 2Va P-c. and bonus, 'lYi p.c. .. July 27 Union Hunk —int., 2s (id a share July 20 British Tobacco —quarterly, pref., tiVa P.c. pa. . . . • July 31 Smith and Smith—half-yearly, pref., 2V a p.c. July 31 Auckland Gas—int., per cent Aug. 1 Dominion Investment —final, 4 p.c. . . . . Aug. 3 NY//. Insurance —final, 1s a share Aug. 4 Coin. Rank Aus. —final, ord., 3 1-3 p.c.; pref., 2 p.c. .. Aug. 6 Farmers' Fcrt.—\~>Y a p.c. . .. Aug. 15 Electrolytic Zinc—final, 8 p.c. ord. and pref. .. .. .. Sep. 10

£ H d Bank of Adelaide . . (i 1) 0 Commercial Hank Aust. 0 IS ft Commercial Hank Sydney . 0() 1'-' 0 Hank New South Wales aa 12 (i Queensland National Dank. 5 8 0 Williox-Mofflin 0 II 0 Australian Uasj (A) 7 in 0 Howard Smith 0 18 !) Ditto 0 It) 0 Tooth's llrewery '2 14 0 Ditto '2 ia !) Toohe.v's 1 11 ft Anthony llordern .. 0 1!) 0 Associated News 1 a l'/a Ditto (pief.) Australian ("Jlass 1 a (> 4 IB 0 British 'J'ohacco o l a Ditto '2 i (i llerlei 1 Mi 0 Broken Hill I'ly. .. a 1 1 10 Colonial Su«ar ■la II) 0 Claude Neon 2 1 t (1 Drill? Houses . . . l Id 10 Va Dunlop-I'erdriau 0 18 1) David Jones *2 0 Electrolytic Zinc '2 '2 0 0. J. Coles 4 0 0 Ditto a lit 0 ffreater J. D. Williams . N 8 4 General Industries .. 0 It) lOVi Henry Jones '2 4 (i James Stedman 0 11) 0 Millaquin Suear • > I fi Victoria NyHnza 0 10 0 W. R. Carpenter '2 a 0 Wool wort lis f> J 5 0 Ditto (second prcf.) 1 <; 8 Kniperor 0 4", Loloina 1 a 4 l /j Mount Lyell 1 c !) North Broken Hill s IS 0

Coinniprriii! Hank A ust. .. 0 18 li National Hank. A'asiu (.CIO) 11 <> 0 Ditto (.LT») 7 o (i Kauri Timber 1 7 0 Carlton ISrewery '2 10 0 Australian < i I;i ss •1 J'J 0 Hritish Tolmcco 'j I :t lirokcn Dill I'ty a I I 0 J»ru>? Houses I Iff 10 V, Dunlop-Perdrinu 0 IS u Ditto (prof.)" .. i .15 0 Electrolytic Zinc 2 'J f! Ditto (pref.) t (i (». .1. Coles .. :i 1!) 0 General Motors i 4 0 .1-1 ume ripe 3 1 Herald unci Times .. a !) CI Myers j l.'i 1) United Provisions .. 0 11 11 Emperor 0 l r> :s Loloma i ■j lYt Mount Morgan (ex div.) .. 0 ll n Mount Lyell 1 o c Zinc Corponition 3 10 0

July 18 July 17 Par Montreal, dol. 5.03% 4.8(13 New York, dol. fl.OJV/ie 5.02% 4.80(1 Paris, fr. 7.-I5/ /10 /is 124.21 Brussels, belga 20.7 1V3 29.74 35.00 Geneva, fr. .. 15.3(1 15.35% 25.22 Amsterdam, fl. 7.38% 7.37% 12.10 Milan, lire 03% 03% 1)2.4(1 Berlin, r.m. .. 12.1(1 12.1(1 20.13 Stockholm, kr. 1 !>.!>(> 19.90 IS. 15!) Copenhagen, kr. 23.37'/ a 23.37% IS. 159 Oslo, kr. 19.90% 18.150 Vienna, sch. 20% 20% 31.585 Prague, kr. .. 121 121 1(11.25 Helsingfors, m. •2-27 • ><>7 11)3."23 Madrid, pes. .. 3<"i'r Ja ?5 "-U Lisbon, esru. . . 108% iosy 8 110 Athens, dr. . . 528* 52 S* 375.00 Bucharest, lei. (>75* 075* 813.(1 Rio de Janeiro 4' 4 d 4%d 5.80! Id Buenos Aires, d. 35d 3."»il 47.019d Montevideo, dol. sod* 30'/i«d 51 d Bombay, rupee 18%d 1H'/r(I isd Shanghai. dol. l'l'igd ll 1 /33d — Hongkong, dol. 15Vigd 15 7 /j 6 ( i — Yokohama, yen 14%,d 14',| 2 d 21.58d Batavia, fl. 7.31/j 7.31 12.10 Belgrade, din. 211) "Sellers. 219 270.31

To £1 N.Z. aT.T. On Demand Currency Selling Buying Selling U.S.A., dol. .. 4.03% 4.06% 4.03/i Canada, dol. ,. 4.03% 4.08% 4.01 Austria, sen. .. 20.02 — '20.94 Belgium, beJgra 23.7(17 — 23.778 Czccho'vakia.nr. 90.10 —. 90.15 Denmark, kr . 17.8113 18.203 17.903 Franco, fr 00.70 — 00.71 Germany, r.m, . 9.038 — 9.913 Holland, fl. . . 5.«8 i — 5.885 Java, fl. 5.841 — 5.815 Norway, kr. .. 15.892 10.212 15.902 Sweden, kr. . . 1.-1.18)) 15.814 15.499 Switzerland, fr. 1 2.213 — 12.218 Noumea, fr. . . 50.33 JL. 59.39 Papeete, fr. 59.18 — 59.54 N.Z. pento to— 20 1 -04 22 57-04 Honpkonif, dol. India, rupee . 20 3-01 12'J 20-32 18 22 1 -32 Ceylon, rupee 22 '.'It-: 12 2--' 1-32 22 57-04 Japan, yen . 17 3!Mi-J — 17 19-32 Shanghai, dol. IS 0-1(1 17 18 35-01 Singapore, dol 35 31-(14 31 15-0-1 35 15-32