AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXIV, Issue 22719, 4 May 1937, Page 7

AUSTRALIAN EXCHANGES

INDUSTRIALS FIRM broken hills recover (Received May 3, 7.20 p.m.) SYDNEY, May 3 The outstanding feature in a quiet market on the Sydney Stock Exchange to-day whs a sharp recovery in the Broken Hill Proprietary new shares, which rose lis to 77s 6d. Barriers were a shade firmer, while industrials were firm but slow. Sales included: — £ 8 (I Commercial Bank Sydney .. 22 17 0 Bank New South Wales .. '3B 7 0 Nat. Bank A'asia (£5 paid) 717 <5 Goldsbrough-Mort* .. .. 118 10% Wilcox-Mofflin .. .. 0 14 0 Yarra Falls .. . . • • 22 0 Australian Gas (A) . .. 7 6 (i Carlton Brewery .. .. 3 4 0 Tooth's . . . . . . 2 18 3 Amalgamated Wireless (con.), (N.Z. del.) .. .. 2 8 9 Anthony Hordern .. .. 10 0 Ditto (pref) .. .. 13 3 Associated Newspapers .. 13 0 Ditto (pref.) . . . . 13 0 British Tobacco .. .. 2 0 0 Broken Hill Proprietary .. 4 3 0 Ditto . . .. 4 40 Ditto (N.Z. del.) .. .. 4 3 (i Ditto (new) .. .. 3 10 !> Ditto . . .. 317 (j Colonial Sugar .. .. 45 17 G Electrolytic Zinc .. .. 210 0 G. J. Coles .. .. r> S 0 Ditto (N.Z. del.) . . .. 5 8 0 Kandos Cement .. . • 14 3 Moris Dock 0 13 0 Taubmanns .. • • 3 11. 0 Taranaki Oil . 1 . . 0 4 11 W. 11. Soul 4 5.0 Woolworths (Syd.) .. 7 5 0 Broken Hill South .. .. 2 0 0 Mount L.vell .. .. 2 6 0 North Broken Hill .. .. a 13 0 Hawang Tin .. .. 0 11 8 Commonwealth Bonds. —3*4 per cent, 1019, I'luo 2 s (ill; I per cent, 1053, £lOl J7s (id; 1909, A'loo His 3(1. MELBOURNE EXCHANGE On the Melbourne Exchange the market generally was better. Broken Hill Proprietary, Barriers and Mount Lyells were firmer in the expectation of a gradual improvement, both here and overseas. Business included: —■ £ s d Commercial Bank Australia . 0 19 0 Nat. Bank A'asia (£5 pd.)' 718 O Goldsbrough-Mort •• 119 l/ a Yarra Falls .. .. 22 0 Adelaide Steam .. .. 1 13 0 Howard Smith .. .. 1 3 () Carlton Brewery .. .. 3 4 O Australian Glass . ■ • 4 8 0 Aust. Iron and Steel (pf.) 1 6 (t Australian Paper (rights) .. 0 2 4 Broken Hill Proprietary .. 4 3 0 Dunlop-Perdriau . . 112 Electrolytic Zinc .. .. 219 o Ditto (pref.) .. .. 2 19 3 a. J. Coles .. .. 5 7 0 Melbourne Electric .. .. 018 4 Silverton Trams . . . - 110 <> Broken Hill South .. 2 9 0 Emperor ■ .. .. 0 l(> 8 Loloma . . .. . • 4 0 0 Mount Lyell .. .. - 6 3 Mount Morgan .... 0 14 11 North Broken Hill .. • • 313 0

FOREIGN' EXCHANGES FLUCTUATIONS IN LONDON ■*' r British Wireless RUGBY, May 1 Tlio following rates on foreign exchanges are current, compared with the cabled quotations on April .'3O and par:— May X April 30 Par Montreal, dol. .. 4.O'V/a 4.03' 3 / l8 4.800 New York, dol. 4.H1 4.!)i>/i 8 4.80 Paris, fr. .. 110% 110105.00 Brussels, belga. . 20.25 20.28% 'JJ-OO Geneva, fr. .. 21.58 21.51) ,4 Amsterdam, gr. 0.00% 0.01 / a Milan, liro 03% »3"/ ia 02.00 Berlin, r.m. .. 12.2!) 12.30 J0.4 J Stockholm, kr... l!). 40 l / a lo.io'/a 18.1.)!) Copenhagen, kr. 22.10 22. to 18.1 .__»!> Oslo, kr, .. 10.00 10.00 J8.1;>0 Vienna, sell. .. 20% - < . i ; / 3, 34.585 Prague, kr. .. 141 /« 111 A Holsingfors, mark 220% 220% I? I ';'-; 5 Madrid, pes. .. 55+ 55t ?.j.221 Lisbon, eseu. .. 110%e 1 10/ i« Jil? Athens, dr. ~ 5-17/ a Bucharest, lei... <i72/ a u ?r/s fiMli Rio de Janeiro, m. 4%d* 4%d 5.8i)0d Montevideo, dol. 30/14* :5! ';" (I ,* J' ( | Bombay, rupee.. 18% d 18' 0 d 18d Shanghai, d 01... 14 s / 16 d M%.d Hongkong, dol. l 1'7i.(l 14 / la d Yokohama, yen lid lid 24.,>5<1 Batavia.gr. .. 0.00 0.00 Belgrade, din... 215 215 V.'. Warsaw, zloty.. 20 20 -lii.Jb tNominal. 'Sellers.

NEW ZEALAND QUOTATIONS The Associated Banks (other than the Bank of New South Wales) quoted tho following dollar rates yesterday on a New Zealand currency basis, subject to alteration without notice: — Selling: United States Canada On demand . • 3.915% 3.00/ a T.T 3.05% 3.»5 BUJ 'on demand . . 4.00"/ i« 3.00% 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: — To fIN.Z. T.T. On Demand Currency Selling Buying Selling U.S.A., Dol .. 3.9570 4.0071 3.0020 Canada, dot. 3.0527 4.0002 Austria, sch. . . 20.78 Belgium, bclga 23.307 Czccho'vakia, cr. 113.16 - ~,7., Denmark, kr. . 3 7.803 18.263 1/..J03 France, fr. .. 88.43 B:S.4< Germany, r.m.. 0./97 —• S>.Bo- - fl. .. 7.180 Italy, lire . . 75.25 ■ — Java, fl. .. 7.KU 7.l<>.> Norway, kr. .. 15.802 10.212 Io.OOL Sweden, kr. ... 15.108 3 5.853 3.>.508 Switzerland, fr. 17.218 Noumea, fr, .. 87.00 Papeete, fr. .. 87.21 N.Z. pence to — HonEkong, dol. 38 51-01 38 17-64 18 25-32 India, rupee . . 22 21-32 22 11-32 22 41-0-1 Ceylon, rurice '. 22 21-32 22 1.1-32 22 41-G4 Japan, yen .. 37 15-32 Shanghai, dol. 18'/, 3 7 23-32 18 15-01 Singapore, dol. 3.> .13-04 31A 3.> .?-](> Cliefoo, dol. .. 1813-32 17 47-04 18 25-01 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 Par s d s d London, pound .. -1 10.05 20 0.00 Australia, pound .. 10 lo.Kl 20 0.00 Fiji, pound . . 22 5.00 20 0.00 New York, dollar .. 5 0.13 4 1.3 L Montreal, dollar .. 5 0.11 4 1.31 Paris, franc ~ .. 0 2.70 0 2.28 Berlin, reichsmark . 2 0.28 o 11.74 Copenhagen, krone . 1 1.33 1 1.22 Yokohama, yen .. 1 5.11 2 0.58

CUSTOMS EXCHANGE RATES Rates of exchange ruling at the announced dates of departure of vessels named arc 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*:— Canadian Conqueror, Canada, dollars *I.BB Canadian Conqueror, America, dollars ♦4.80 City of Oran, America, dollars .. *4.00 City of Oran, Canada, dollars .. *4.80

CALL AND DIVIDEND LIST Dividends— Due Poller Mills—final, 2 p.c. . May 7 Martha—final, is (sterling) a share (free of tax) . . . . May 7 Sharland and Co.—-int., pref. and ord., 2Vi p.c. .. .. May 10 Nemona—ld a share .. .. May "10 Mosgiel Woollen—int.. 4 p.c. . . May 13 National Ins. —int., 4d a share May 15 E., S. and A. Bank—int., 3 l / a p.c. (sterling, less British income tax) . . . . . • . . May 15 Dunedin Brewery—final, 3% p.c. May 10 Dalgety—int., 3s Od (sterling) a share (less British incomo tax) . . .. .. .. May 10 Donaghy's Hope—final, Is 3d a share . . . . . . May 21 N.Z. Paper Mills—final, 4 p.c. May 22 Nat. Bank A'asia—final, 3 p.c. May 20 Selfridges (Aust.) —(i p.c. p.a. .. May 27 Bank N.S.W. —quarterly, Os a share . . .. . . May 28 Imperial Chemicals—ord., final, 5Y a p.c. . . . . .. Juno 1 Henry Jones—int., (id a share ~ Juno 1 Broken Hill Pty.—half-yearly, Is 3d a share fully paid; lOd a share contributing . . June 2 Dominion Fertiliser —5 p.c. . . June 0 Bank N.Z.—final, Is a share .. June I I Broken Ilill Sth. —:is 3d a share Juno IS CallsBroken Hill Pty. (con). —5s a share .. .. .. June 30