AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXIII, Issue 22524, 15 September 1936, Page 5

AUSTRALIAN EXCHANGES

INDUSTRIALS FIRMER BRISKER OPENING , MARKET "(Received September 14, 7.40 p.m.) SYDNEY, Sept. 14 Industrials came in for a good share of attention at firmer rates on the Sydney Stock Exchange to-day. The market was brisker than usual for a Monday. Sales included: —

Commonwealth Bonds. —3% per cent, 1951, £9B Ss 9d; 4 per cent, 1938, £lO2 7s 6d. MELBOURNE EXCHANGE

On the Melbourne exchange bonds and industrials were quiet, but there was good support for Broken Hill Proprietary and Electrolytic Zinc shares. There was little activity in goldmining. Sa|es included:—

FOREIGN EXCHANGES

MINOR FLUCTUATIONS British Wireless RUGBY, Sept. 12 The following rates on foreign exchanges are current, compared with the cabled quotations on September 11 and par:—

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 .. 4.06 4.00% T.T. . .. 4.05% 4.05% Buying: On demand .. 4.10% 4.10% 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 Miithout notice: —

The cost in New Zealand currency of the pound sterling, and of the principal overseas units, on the latest quotations, is as follows: • ' ■

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. Finally declared rates are marked*:—

Hororata, Canada, dollars ... .. *5.02 Hororata, America, dollars . '.. *5.03 Chifuku Maru. Japan, yen . .. *l4d Canadian Highlander, America, dol. *5.03 Canadian Highlander, Canada, dol. *5.03 Aoran&i, Canada, dollars . . ... 5.00 Golden Cloud, America, dollars .. 6.05%

HUME PIPE COMPANY improvement in business The Hume Pipe Company , (Australia), Limited, Melbourne, reports a net profit of £34,005 for the year ended June 30, compared with £23,050 earned in the previous year and £5013 for 1933-34. A final dividend of 5 per cent per annum makes the year's distribution 5 per cent compared with 4 per cent m the previous year. Tho dividend requires £25,000. A sum of £lo*ooo has been transferred to reserve, and £11,849 is carried forward,against £12,843 brought forward. The directors report that the improvement in business was maintained •throughout the year. The New Zealand figures show a considerable improyement, and the increased profits were spread over the whole field of the company's activities. There are indications of a further increase in the company's business.

QUOTATIONS FOR SILVER British Wireless RUGBY, Sept. 12 Silver,is quoted to-day at 19Jd an oz. spot and forward, same as yesterday.

Bank New South Wales £ 8 d . 33 o 6 Commercial Bank Sydney . 1U 17 0 Commercial Bank Aust. 0 10 0 United Insurance , lt . 10 13 0 Goldsbrough-Mort 1 14 3 Howard Smith 0 10 3 Tooth's Brewery o 16 0 - Ditto .. .. . 2 16 0 Toohey's 1 12 0 Queensland 1 4 0 Australian Paper . 1 11 0 Australian Glass 4 14 3 Associated Newspapers • . 1 3 3 Australian Gypsum 0 10 3 British Tobacco 2 3 0 Broken Hill Proprietary 3 If) G .Ditto (now) 2 17 6 Colonial Sugar ! 43 7 0 Drug Houses 1 34 4'A Electrolytic Zinc 2 o 0 General Industries 0 10 7'/a G. J. Coles 4 2 0 Henry Jones . 2 o 9 James Stedman 0 18 3 Lustre Hosiery 7 .. 1 4 9 Mark Foy . ■ . 1 13 9 Mount Morgan 0 12 11 Mount Lyell 1 9 3 Peters Delicacy o 2 6 South Broken Hill .. 6 4 0 Sargent's 1 0 0 Taranaki Oil . . 0 1 1 Union Theatres (pref.) 0 15 0 United Provisions .. . 0 12 5 Wilcox-Mofflin 0 12 7 Emperor .. .. • 0 15 lVi

GoIdsbroug-h-Mort .. , £ 8 d 1 14 6 Australian Steel (pref.) 1 0 6 Australian Glass 4 14 3 British Tobac.:o • o 3 0 Broken Hill Proprietary 3 19 9 Drug Houses 1 11 0 Dunlop-Perdriau 0 18 5 Ditto (pref.) 1 15 0 Electrolytic Zino •_> o 3 General Motors 1 4 3 G. J. Coles 4 o 6 Gordon and Gotch .. ■_> 11 0 Herald and Times 3 8 6 Hume Pipe 0 lit 10 Meyers Emporium .. 1 15 4Vi Victoria Nyanza 0 13 0 Mount Morgan 0 13 1 Mount Lyell 1 H 'lVa Emperor 0 15 1 Loloma 1 4 0 Upper Watut 0 •> 8 Sulphide Corporation 0 16 9

Sept. 12 Sept. 11 Par Montreal, dol. .. 5.0 5% o.0'>% 4.800 New York, dol. 5.00 5.05% 4.800 Paris, fr. 7(> 2 Yai 70 a7 /„ 124.21 Brussels, belga.. 29.95% 29.95% 35.00 Geneva, fr. 35.53 15.52% 7.15% 25.22 .Amsterdam. 11... 7.45% 12.10 Milan, lire oi>% a 61 *'i« 92.40 Berlin, r.ni. 1-2.58 12.58 20.43 Stockholm, kr... 10.30% 19.39% 23.37% 18.159 Copenhagen, kr. 23.37% 18.159 Oslo, kr. Vienna, seh. .. 19.90% 19.90% 18.159 20% 20% 34.585 Prague, kr. 122'/!, 122%, 104.25 Helsingfors, mark o->7 227 193.23 Madrid, pes. .. 58%t 581 25.221 Lisbon, escu. .. noy 18 iioy ie 110 Athens, dr. 531 * 63 IT 375.00 Bucharest, Jei... 077* 677* 813.0 Rio de Janeiro, m. 4'Ad 4%d 5.899d Buenos Aires, pes. 17.72 % 17.72% 11.45 Montevideo, dol. 38%d* 38%d* 51d Bombay, rupee.. 3 8%d UY, «d 16%d 14 s /»d 18d Shanghai, dol... — Hongkong, dol. 14"A»d 14"/,.d — Yokohama, yen I t 3-0 id 14 3-04d 24.r»8d Batavia, fl. 7.42% 7.42% 12.10 Belgrade, din. .. 221 221 270.31 •Sellers. {Nominal.

To £1 N.Z. T.T. On Demand Currency Selling Buying Selling U.S.A., dol. 4.05% Canada, dol. .. 4.05% 4.10% 4,10 y 4 4.00 4.00 Austria, sch.-.. 21.1'-! TT' 21.14 Belgium, belga 23.030 *—* 23.911 Czecho'vakia, cr. 97.31 _ 97.36 Denmark, kr. . 17.883 18.263 17.903 France, fr. .. 61.47 —— 61.51 Germany, r.mi .• 9.920 —. 9.931 Holland, fl. i, 5.937 _ 5.941 Italy, lire 51.44 — \ 51.49 Java, fl/ 6.900 5.910 Norway, kr. ... 15.891 16.241 15.901 Sweden, kr. .. 35.489 < 15.844 15.499 Switzerland, fr. 12.376 — 12.381 Noumea, fr. 60.10 — 00.10 Papeete, fr. .. 60.25 — 60.31 N.Z. pence to— Hongkong, dol. 38 55-64 17 49-64 18 53-64 India, rupee .. 22 29-32 22 1-32 22 57-0-1 Ceylon, rupee . 22 29-32 22 1-32 22 57-64 Japan, son .. 17 41-64' 17*/. Shanghai, ddl, . 18 9-32 17 3-32 18 17-64 Singapore, dol. 35 31-61 34 15-64 35 15-32

Present Price Par s d 8 d London, pound . 24 10.65 20 0.00 Australia, pound . IB 30.81 20 0.00 Fiji, pound New York, dollar . 22 5.00 20 o.oo 4 10.09 4 1.31 Montreal, dollar 4 11.00 4 1.31 Paris, franc . Berlin, reichsmark . ' 0 3.88 0 1.98 1 11.73 0 11.74 Copenhagen, krone 1 1.33 1 1.22 Yokohama, yen 1 5.47 2 0.G8