AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXIV, Issue 22621, 8 January 1937, Page 5

AUSTRALIAN EXCHANGES

EASING IN LEVELS PROFIT-TAKING DEVELOPS (Received January 7, 0.15 p.m.) SYDNEY, Jan. 7 Many industrials suH'ered from profittaking on the Sydney Stock Kxchango to-day. Pastorals wore also inclined to ease. Tin shares were active and firm. Business included:

Commonwealth Bonds*.—:s\, per rent, 1051. £l)7 os; I per cent, 11)17, 1101 (is Dd; IIHJI, £ 101 15s. MELBOURNE EXCHANGE On the Melbourno Exchange bonds and industrials wore about steady. Bank shares and Goldsbrough Morts were a littlo easier. Harriers were active but easier, while gold shares were still quiet. Sales included:

FOREIGN EXCHANGES STEADINESS OF DOLLAR (Received January 7, <>.'> p.m.) British Wireless RUfIBV, .Inn. 0 The following rntos on foreign exchanges are current, compared with the cabled quotations on January 5 and

{Nominal. 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: Scllinir: United Slates Canada On demand .. :{.!M'b :i.ur n T.T .. :(.<»:{% «.»»:{% Buying: On demand . . 3.98% 3.08% Following are the latest rates for purchases and sales of foreign exchange quoted by the Bank of New South Wales, Auckland. They arc subject to alteration without notice: —

Kinsciiporo, (iol. 35 JM-f! 1 31% 35 3-HJ C'licfoo, dol. .. IK'J'WII 17 'J.V.T2 IS 7-1(1 The cost in Now Zealand currency of the pound sterling, and of the principal overseas units, on the latest quotations, is as follows: Present I'rice i.';ir

CUSTOMS EXCHANGE RATES Rates of exchange ruling at the announced dates of departure of vessels named are shown in the following table. They arc subject, to confirmation by the Customs Department when the exact time of departure is learned. Finally declared rates are * marked*: Limerick, Canada, dollars . . .. *I.OO Limerick, America, dollars .. .. > i•' >" Aorangi, Canada, dollars . . .. J Northumberland. America, dollars .. 4.01. NEW CAPITAL ISSUES PAST YEAR IN BRITAIN (Received January 7, <s.:> p.m.) British Wireless 11UC»D\, Jan. 0 N<-w capital issues in the United Kingdom last year totalled £217,221 ,000. This was close upon £19,000,000 less than in 1!W0, the last year before the world depression, and compares with £88,600,000 ill UJI, from which date a, consistent annual recovery has been maintained. Of last year's issues the municipalities and public boards group accounted for £'181,000,000, the railways group for £31,250,000, and the coal, iron, steel and engineering industries, including motors and aviation, for nioro than £22,250,000. The investment and finance group approached £22,000,000. COPRA EXPORT DUTY LEVY AGAIN IMPOSED The Press Association agent at Rarotonga reports that advice has been received that the New Zealand Government has reimposed a duty on copra at the rate of 20s a ton, to operate from December >') l. Owing to the lowprice of copra this export duty was suspended on exports from the Cook Islands on January 1, 1930. The latest quotation from London for sun-dried copra was £l9 17s 6d a toil.

.c s d Hank Australasia l'J 0 Hank Now South Wales .. o <» Commercial Hanking, Sydney •JI n o Union Bank 10 0 0 Goldsbroutrh Mort i 1 s 0 Australian Gas A .. 7 12 0 Ditto, new 7 it 0 AVilrov .Mufflin i) l'J Ditto 0 l'J 7 Ditto, N.Z. del 0 l'J 1 Howard Smith 1 iu'/ a Burns Philp :t Hi 15 Tool h's o 1»! (i Toohey's T 1 1 0 Carlton :t t; l> Anthony Hordern 0 .in !» Associated News. t t :i Australian Glass ■1 i:t :5 Broken Hill Pty. .. ■t t 0 Ditto, new id 0 Colonial Sugar la HI 0 Dunlop-Perdriau o IS :? Kleetrolytic Zinc •j i:i :i Ditto •_> t:$ (5 Ditto, pref. •_> 15 0 Millaquin Sugar .. •j • -l 0 Morris Hedstrom l <) 0 Honry Jones <_> 8 (J James Stedman 0 17 (i Lustro Hosiery i :s !) Hume Pipe l I 0 Victoria Nyanza (i i r» !l W. K. Carpenter 2 5 :i Standard Waygood 0 7 ;t Taranaki Oil () 1 <> Mount Morgan 0 1(5 Kt'-i Mount Lyell (N.Z. del.) .. 'J 0 '1' a Kuala Kampar 1 i) •1 1 j Ditto (N.Z. del.) 1 0 0 Placer Development ■I 1!) 0 Emperor (1 1!) !>

£ s (I Commercial Bank Australia 0 1!) S E. S. nnd A. Bank . 5 IS 0 National Bank A'asia (£.1) 7 10 0 Ditto (£10) .15 9 0 Goldsliroiiirh Mort I 18 0 Carlton Brewery 3 7 0 Australian Glass ■1 13 0 Broken Hill Pty. 4 1 3 O. J. Coles ■I 10 0 Electrolytic Zinc .. o 1H 3 Ditto, pref. 2 15 3 Hume Pipe 1 0 10 Mount Lyell 2 0 0 Mount Morgan o Hi 1 1 North Broken Hill .. 3 15 li Emperor 0 1!) ■\

par: — Jan. 0 Jan. 5 Par Montreal, dol... •1.01 4.01% 4.800 New York, dol. •1.5) 1 Va -t.o iy a 4.80 Paris, fr. 105V-,, i < i.vy.g 105.00 Brussels, hrlfra.. 20.13% 'JO. 10 35.00 Ceneva, fr. 21.37% •J 1.158 ■J 5 .22 Amsterdam, gr. S.!IT l /a 12.10 Milan, lire 03V„ 03"/ in 02.00 Berlin, r.m. 1 1 12.21/2 'JO.43 Stockholm, kr.. . l 0.30% 10.30'/, 18.150 Copenhascn, kr. 22.10 22. 10 18.150 Oslo, kr. 10.00 10 00 18.150 Vienna, sch. 'JO'/a —( i/ 2 34.585 Prague, kr. lit)% 11(1% 101.25 Hclsintrfors, mark •-"Jli'x 220% 103.23 Madrid, pes. .. 551 55 * 25.221 Lisbon, escu. . . 1107,, I 10 3 / ln 110 Athens, dr. •' 1 ' l /'2 .*■1 * Va 375.00 Bucharest, lei... 020 020 813.0 Rio de Janeiro, m. •1Vid •1 '/d fi.800(1 Montevideo, dol. :{!)/'„(! 30%d 51(1 Bombay, rupee. . 18'', .1 ls*.'j a d 18d Shanghai, dol... J'tVad 1 l'/ : d — Hontrkontr, dol. M'Viod 1 l'V,«d — Yokohama, yen i:5 :.!)■() Id I t 55-0Id 21.58(1 Batavia, fcr. . . 8.03% S.OI'/a 12.lO Belgrade, <1 in.. . 213 'J 13 270.31 Warsaw, zloty. 20.0(1 20.OG 43.38

To -IM X.Z. T.T. On Demand Currency Selling buying Selling U S \ ilnl. . . iS.n.'C, UMV/i Canada, dnl. . . 3.!)S% ;5.!M'/O Austria, sell. . •Jfi.iiT — '20. (i!» Belgium, belga 'jcii — t2:i.2~7 " Czecho'vakia, cr 1 1 1.7!» -— 1 1 1 .si Denmark, kr. . 1 T.S!Ki 1 7.!>'>:! France, fr. " 84 — Kl.'Ji) Germany, r.m. ».7:i.i — J».7:<s Holland, n. . . T.Kil — 7.1U5 Italy, lire . . 71.7U — 7 1.si .lava, fl. 7.121 — 7.125 Norway, kr. 15..sill iii.'jl l 15.! 101 Sweden, kr. . . 1 Ti. is!) 15.SI 1 15. I!l!l Switzerland, fr. 1 7.1 is.") — 17.(l!ll) Noumea, fr. . . K'J.KS — 82.1 M J'apccle, fr. . . s:i.o:5 — Nt.OU X.Z. penre (o— Hongkong, dol. is I:M(! i s IS 51-lit Jndia, rupee •j-' i i 22 '_'5 (it 22 1 1-1(1 Ceylon, rupee . 2'2 i i 22 •J5-(»1 22 1 1-1<> Japan, yen . . 17 'J.Mil — 17 : :„ Shanghai, dol. IS 5-115 IS 1 <)-(!(

s d s d London, pound •J I 1 ().(!."> •JO 0.00 Australia, pound .. 1!) 10.H1 •JO 0.00 Fiji, pound . 5.(i(> •JO 0.(10 Now York, dollar .. r, CM >7 4 i.:n Mont/real, dollar 5 :l.o:s •1 t.m Paris, franc . 0 'J>'J 0 •J.'Jrt Berlin, reiehsmark . 'J 0.15 0 11.71 Copenhagen, krone . 1 l.:V! 1 ,-J'J Yokohama, yen 1 O o.ns