AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXIII, Issue 22584, 24 November 1936, Page 5

AUSTRALIAN EXCHANGES

DROP IN MILLAQUIN SUGAR MARKET OTHERWISE BUOYANT (Received November 23, 5.30 p.m.) SYDNEY. Nov. 23 On the Sydney Stock Exchange today, owing to the disastrous lire at the llundaberg ruin distillery, shares in the .Millariuin Sugar Company, Limited, suflered ;i severe reverse, I'nlling fi'oiu los (id to lis (3d, hut finally recovering to 42s Gd. The investment market otherwise was exceptionally buoyant. Sales included:

Commonwealth Ronds.—l per cent, 1038, .CIO2 2s (id; 1911, £IOO ss; 1911, £lOl ss; .1959, £IOO Sfl Od. MELBOURNE EXCHANGE On the Melbourne market there was a good tone in industrials and a further improvement in leading pold stocks. Barriers were strong hut quiet. Business included:

FOREIGN EXCHANGES FLUCTUATIONS IN LONDON British Wireless RUGBY, Nov. 21 The following rates on foreign exchanges nre current, compared with the cabled quotations on Novembor 19 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: — Soiling: United States Canada On demand . . 3.92% 3.92% T.T 3.92% 3.91% Buying: On demand .. 3.90% 3.90% 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, 011 the latest quotations,

CUSTOMS EXCHANGE RATES Bates 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":

QUOTATIONS FOR SILVER British Wireless RUGBY, Nov. 21 Silver is quoted to-day at 21 13-16(1 an 07,. spot and forward, compared with 21d 011 November 19. NEW PRIVATE COMPANIES The following private companies have been registered in Auckland:- — Alert Publicity Company, Limited, advertising agents, printers, etc. Capital, £6OO in £1 shares. Subscribers: J. V. White, J. P. Mollov, 200 shares each; Mrs. A. C. Brown, Mrs. H. M. Boscoe, .100 each. II uia Hospital, Limited. Capital, £'soo in £1 shares. Subscribers: J. A. Patcrson, 400 shares; Mrs. f. Paterson, To; Hilda A. Kennedy, 25. Objects: To take over the Huia Hospital, Grafton Road.

Jiniik New South Wales . , C R d 3<i 0 0 Hunk Australasia 12 - 0 Commercial Banking, Sydney •_'l 17 0 Ditto •_>1 Hi 0 National Hank (i'5 paid) . . M 0 0 I'nion Hank 10 r_' <; Adelaide Steam 1 J L 1 3 Howard Smith 1 ) tuddart- Parker 1 as 8 o 1 Australian tins (A) 0 Toohey's • 1. it 1 0/3 Tool h's o 17 0 Anthony Hordern I) Jit 3 Associated Newspapers L I l'i Australian Steel (pf.) 1 (i JO'/j Automatic Totes 0 ;tH <5 British Tobacco •J n !) Burns Philp 3 33 9 Cash Orders 1 5 0 Colonial Sugar •13 7 « Tairymead Sugar •j 0 0 Farmers' l 13 !) <•'. J. Coles 4 4 0 Ceneral Industries 0 IS ~Vt Ditto Cpref.) 1 3 0 TCandos Cement t 3 e . Millaquin Sugar ■J o 0 Ditto 2 2 •3 Morris Hedstrom I 7 (3 Morts Dock 0 13 0 Peters o 6 9 R. Fowler (pref.) 1 4 0 . Sargent's 1 tt <3 Ptedman 0 17 3 Victoria Nyanza (1 15 9 W. H. Soul 4 10 3 Warhurton Franki .. 1 3 9 Wilcox-Mofflin 0 11 11. Winchcombe-Carson 1 Ifi 9 Emperor 0 IS 1 !/ * Kuala Kampar 0 IS r-1 / * /3 l.arut Tin 0 1 r, a Mandated AIluvials 0 14 0 Mount Lyell 1 17 rr*' ' /a Rawang Tin 0 11 4

£ s d Bank Australasia r> 0 Commercial Rank. Australia i) 10 10 National Bank ' £0 paid) .. 7 in 0 Ooldsbrougb-Mort .. .. 1 37 a Adelaide Steam 1 1 L (I Howard Smith 1 1 » Carlton Brewery 3 i) Australian Glass 4 12 9 Broken Hill Proprietary .. 4 a f> Drue: Houses 1 0 0 Dunlop-Perdriau 0 IS 0 Electrolytic Zinc o s in ft Ditto (prcf.) o 0 G. 3. Colts 4 i Hume Pipe . . 1 2 4 Victoria Nyanza fl 1.", 0 Broken Hill South 7 1.-, 0 Emperor 0 IS 4 Loloma t n ft Mount Lyell 1 17 ft Mount Morgan 0 1ft 0 North Broken Hill .. 12 0 0

par:— Nov. 21 Nov. 19 Par Montreal, dol... •1.88V« 4.88VS 4.S00 New York, dol. 4.80% 4.811 4.80 Paris, fr. 105'/,, 105 5 4a io:..00 Brussels, belga.. 28.02 28.1)3 35.00 Geneva, fr. 2 1 .27% 21 .2tiVj 25.22 Amsterdam, et. 0.03 V., o.otv; 12.10 Milan, lire 02% 02"/,. 02.00 Berlin, »\m. 3 2.15VJ 20.13 Stockholm, kr... 10.30'/, 10.3IJ'/ a 18.151) Copenhagen, kr. Oslo, kr. 22.10 22.10 18.1 oil 10.00 J (J.! H3 18.150 Vienna, soh. 20', 20'<, - 34.585 Prague, kr. i3sy„ 101.25 Helaingforg, mark 220}; 220% 1! 13.23 Madrid, pes. . . \ r,r, t 25.221 Lisbon, escu. . . i io'/;. no'/;. 1 10 Athens, dr. _.. 517', 517' i 375.00 Bucharest, lei... 072 1 3 07'-!' a 813.0 Kio de .laneiro. m. I'vl' 4' id* 5.8!)!)d Montevideo, dol. 3U 7 /,d lS'/.d 3! ) 7 /,d old Bombay, rupee.. Shanghai, dol... lH%d 18d 1 » l % 2 d 1 — Hongkong, dol. ll/if,d 14 ,4 /i.d — Yokohama, jen ll'/ 3 ,d D.OUa 14'/aid 21.58d Batavin. gr. . , Belgrade, din. 0.01 12.10 213* 'J 13 270.31 Warsaw, zloty.. 25.03 •.>.->.93 43.3S {Nominal. * Sellers.

To £1 N.Z. T.T. On Demand Currency Selling Buying Selling U.S.A., dot. . . 3.02 ■t.iHi 7 /. 3.02>/a Canada, dol. .. 3.0 IVi S.1)6%. 3.1)2 Austria, sch. .. •JO.57 — 20.50 Belgium, belga 23.007 — 23.108 ('zecho'vakia, cr. 110.02 — 110.07 Denmark, kr. . lT.soa 18.203 17.1)03 France, fr. .. 81.24 — 84.28 Germany, r.m. . 0.002 — !Ui!>7 Holland, 11. .. 7.213 — / . - I t Italy, lire 71.11 — 71.-10 Java, 0. 7.177 -— 7.181 Norway, kr. .. J 5.81)1 10.211 15.1101 Sweden, kr. . . 15. IS!) 15.814 15.4 ill) Switzerland, fr. 17.004 — 17.009 Noumea, fr. . . 82.87 82.1)3 Papeete, fr. .. 83.0'.2 —• S3.08 N.Z. pence to — 38 40-04 Hongkong, dol. 18 25-32 iR'/S Ini'.ia, rupee .. 22 2 1 -3'2 22 11-32 22 41-04 Ceylon, rupee . 'j'j 21-32 22 11-32 22 41-04 Japan, yen .. Shanghai, dol. . 17 17-32 17 2o-32 17 33-04 18 5-1 <> 18 10-01 Singapore, dol. 85 13-01 :u-% 35 3-10 Cliefoo, dol. .. 18 '->0-04 17 20-32 18 7-10

is as follows: — Present Prico Par s d R d London, pound . '-'1 10.(15 20 0.00 Australia, pound 1!" lo.SI. 20 0,00 Fiji, pound O.J r>.<;r> 20 0.00 New York, dollar r> i .i >■_> •t 1 .:n Montreal, dollar 5 l.i r, 4 1.31 Paris, franc . 0 2.SI 0 2.28 Jierlin, reichsmark 2 O.oli 0 1 1.71 Copenhagen, krone 1 l 1 1.22 Yokohama, yen 1 5.15 2 0.5S

Port Tiowcn, Canada, dollars . *1 .so Port liowen, America, dollars -I.W. Tekoa, America, dollars . . . *(.sO Tekoa, Canada. dollars •I.S9 Aoransi, America, dollars . . • 1 >!> Aoranxi. Canada, dollars . . •-1.S8 Sydney Maru, Japan, yen . . . *J Id