AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXIV, Issue 22675, 12 March 1937, Page 7

AUSTRALIAN EXCHANGES

ACTIVITY IN METALS TIN SHARES MUCH FIRMER (Received March 11, 8 p.m.) SYDNEY. March 11 There was keen buying of Barriers and Mount Lyells on the Sydney Stock Exchange to-day, while tin shares were much firmer as a result of the outstanding rise in the price of tho metal in London. Tho investment market, too, was very bright. Sales included:

Commonwealth Bonds.—4 |>er wnts, 1038, £lOl 15s; mil, £lOl V2s 0(1; 1050, £IOO 13s 0d; 1001, £lOl 7s Gd. MELBOURNE EXCHANGE On the Melbourne Exchange the main interest was in metal stocks, with active trading. Prices closed a little easier. Tin- shares were busy. Bonds were firm and there was a good tone in industrials. Business included:— £ s d Commercial Bank Australia 0 11) 10 Nat. Bank A'sia (£5) . . 8 0 0 Ditto (£10) .. •• 10 2 0 Carlton Brewery . . .. 3 3 3 Yarra Falls .. •• £ 3 3 British '1 otiacco .. .. 213 0 Broken Hill Proprietary .. *1 11 Q Drug Houses .. .. 1 *» '/a Dunlop-Perdriau .. • - 1 X « Electrolytic, Zinc . . . ■ j> ® Ditto (pref.) .. • • 310 0 Silverton Trains .. •• J '<' G. J. Coles 5 ,22 Mount Morgan .. • • « js 7 Mount Lyoll ... •• 213 ,/ 3 North Broken Hill . . • • £1- 0 South Broken Hill .. • • 3 o o Loloma '

FOREIGN EXCHANGES FRANC STRONGER AGAIN British Wireless RUGBY, MarchJO The following rates on foreign exchanges are current, compared with tho cabled quotations on March 9 and par:— w _ Mar 10 Mar. 0 Par Montreal, dol. .. 4.88%, 4.88% 4.806 Now York, dol.'. 4.89 !? J Paris, fr. .. 100/4 107 /m 10«>.00 Brussels, belga . 28.09 28.!Kt 3'3-J?'' Geneva, fr. .. 21.11 /i 21.11 Amsterdam, gr. . WW* B«2K 12-10 Milan, lire .. 02 a %a 02% dj.ow Berlin, r.ni. .. 12.1-lVi 12.13% 20.43 Stockholm, kr. .. 19.30'/, 10-'W 1 /, Copenhagen, kr. 22.10 22.10 IS.IWJ Oslo. kr. .. 19.90 19.90 18.159 Vienna, sch. .. 2(>% 2(1% 34,585 Prague, kr. .. 140 140 164.25 Helsingfors, mark 226% 220'/, At* oH'? Madrid, pes .. 651 55+ 25.221 Lisbon, escu. .. no'/,, 110%. 110 Athens, dr. .. 617Va 54/% 3/5.00 Bucharest, lei. .. 007% «p7% Rio do Janeiro, m. 4'/id* 4%ri j 6SOOd Montevideo dol Ho%d* 30 Ad* 61d Bombay, rupee . lS'/»d 18/£ d IBd Shanghai, dol. . 14V,«d 14 4 /;, d Hongkong, dol 14 l %«d 14 — Yokohama yen 14d ?.,?« Batavia, Kr. .. 8.80 B.B</ a 1--^, Bolgrade, din. . 213 2K3 27(1.31 Warsaw, zloty . 25.82 20.82 43.38 ■(Nominal. 'Sellers. 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: — Sellings United States Canada On demand .. 3.02% 3.02% T.T 3.01% 3.01% Buying: On demand .. 3.00% 3.06/£ Following are the latest rates for purchases and sales of foreign exchange quoted by the Bank of New South \Vale3, Auckland. They are subject to alteration without notice: — To £1 N.Z. T.T. On Demand Currency Selling Buying Selling U.S.A., dol. .. 3.01% 3.00% 3.02 Canada, dol. .. 3.01% 3.06% 3.02% Austria, sch. . 20.51 Belgium, belga 23.152 Czecho'vakia, cr. 111.65 Denmark, kr. . 17.803 18.263 17.003 France, fr, .. 85.65 Germany, r.m. . 0.082 Holland, fl. .. 7.125 Italy, lire .. '4-3o Java, fl. .. '.085 *.OBO Norway, kr. .. 15.801 16.241 15.001 Sweden, kr. . . 15.480 15.844 16.405) Switzerland, fr. 17.121 Noumea, fr. .. 84,28 Papeete, fr. ~ 84.43

HontfkoiiK, dol. 18 61-64 18 17-64 18 25-32 India rupee . 2211-16 22% 22 43-64 Ceylon, rupee . 22 11-16 22/5 22 43-64 Japan yen . . 17 31-64 Shanghai dot. 1813-32 17% 18 25-64 Singapore, dol. 3513-04 34A 8->3-l0 Chcfoo, dol. .. 18 17-32 17 6.5-04 18 33-64 Tho cost in New Zealand currency of the pound sterling, and of tho principal overseas units, on the latest quotations, is as follows: — . Present Price Par s d 8 d London, pound .. 24 10.05 20 0.00 Australia, pound .. IS) 10.81 20 0.00 Fiji, pound . .. 22 5.66 20 0.00 New York, dollar .. 5 1.04 4 1.31 Montreal, dollar .. f> 1.08 4 1.31 Paris, franc . 0 2.80 0 2.28 Berlin, reichsmark . 2 0.01 0 H-'4 Copenhagen, krone . 1 1.33 1 1.22 Yokohama, yen .. 1 6.41 2 0.08 CUSTOMS EXCHANGE RATES Rates of exchange ruling at tho anounccd dates of departure of vessels named are shown in the following table. They are subject to confirmation by tho Customs Department when tho exact time of departure is learned. Finally declared rates are marked*:— Golden Coast, America, dollars ~ *4.89 CALL AND DIVIDEND LIST Dividends— Due W. R. Carpenter—lnt., 8 p.c. p.a. Mar. 15 Electrolytic Zinc—ord. and pref. int., 6 p.c. . . .. •. Mar. 18 Huddart-Parker—final, pref., 3 p.c.; ord., 4 p.o. .. .. Mar. 20 Howard Smith—final. 2Va p.c. .. Mar. 23 N.Z. Crown Mines —3d a share Mar. 2M Broken Hill South —quarterly, Is a share N .. . • Mar. 24 British Tobacco quarterly, 2 p.c. Mar. 31 Dunlop-Pcrdriau—int.. pref., 5 p.c.; ord., 3 p.c. .. .. Mar. 31 Hume Pipe—int., 2'/ a p.c. . . Mar. 31 United Building (Chch.) —final, * 2Va p.c •• API. 1 Bank Australasia —final, 4s Od a share .. .. • • Apl. 2 Beath and Co.—ord. and pref., 2V a p.c Apl. 2 Bonds Hosiery—s p.c. p.a. .. Apl. 7 Milne and Choyce— int., pref., 6 p.c. p.a.; B pref., 7 p.c. p.a.: ord and deb., 4 p.c p.a. • • Apl. 10 Amalgamated Zinc (De Bavays) —half-yearly, 27 a p.c .. Apl. 13 Yarra Kalis—int., Js a sharo .. Apl. 15 G. J. Coles—quarterly. Od a sharo - • Apl. 15 Wellington Alluvials—3d a sharo Apl. 24 Broken -Hill Pty. (con.)—Os a share June 30

£ s d Bank New South Wales 38 0 0 Commercial Banking?, Sydney 22 10 0 Ditto (N.£. delivery) 18 0 tTniou Bank 11 15 0 Mercantile Mutual .. 1 11 3 Goldsbrough-Mort .. 1 18 "'/a Huddart Parker o (1 0 Tooths Breweries 2 1G 6 Yarra Falls 2 8 1) Australian Gas (A) 7 o U Aust. Iron and Steel (pref.) 1 0 0 Associated News 1 4 0 Ditto (prof.) British 'tobacco 1 3 7% >t 13 6 Broken Bill Proprietary 4 11 0 Bums Philp 4 0 0 Dunlop-Perdriau 1 0 r 7 i / ' /a Ditto (pref.) I ir, 6 Electrolytic Zinc 3 8 9 Ditto 3 7 0 Ditto (pref.) a 0 6 David Jones o 4 (i Henry Jones o r> (i Morris Hedstrom (Fiji del.) 11 0 Farmers 1 Hi (1 W. R. Carpenter o <i 0 SarKcnts i 13 <> Lustre Hosiery l 1 I) Mauri Bros. 3 ir> 0 Taubmans 3 13 0 Victoria Nyan/.a 0 10 0 United Provisions .. (1 11 8 Woolworths 8 2 0 SelfridRcs L 17 9 Sulphide Corporation 1) 17 n Mount Morpan 0 IS 9 Mount Lyell 2 14 0 North Broken TTill •i rj 9 South Broken Hill :i () Zinc Corporation 8 15 (> 0 Kuala Kainpar 1 4 Kawans 0 13 11 Larut 1 1 3 Takuapa Tin 1 10 (t Kampong t 13 (i 0 PunRah 1 15 Pucnong 1 19 0 Southern Kinta 1 10 0 Tonkah Harbour 1 5 0 New Guinea Goldfields 0 3 3 0 Mandated Alluvial 0 3 Lady Shonton 0 0 10 New Occidental n 10 0 Lolonui . . • • l 5 0