AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXIV, Issue 22767, 29 June 1937, Page 5

AUSTRALIAN EXCHANGES

MODERATE TURNOVER

DEMAND FOR BARRIERS (Received June 'JB, 7.30 p.m.) SYDNEY, June C 8 There was a moderate turnover round late levels on the Sydney Stock Exchange to-day. Sales included:

Commonwealth Bonds.— t Per rent, 10-11, •C I <lis .'id ; 11).",! I, £ 10.'i l'.'s lid; 1053, A 101. MELBOURNE EXCHANGE On the Melbourne market the demand for barriers continued. Industrials were quiet but steady. Gold shares were irregular. Business included :

FOREIGN EXCHANGES

FRANC REMAINS STEADY British Wireless RUGBY, June 20 The following rates on foreign exchanges are current, compared with the cabled quotations on June 2o and par:— June 20 June 25 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: — 'i'ellinsT: United States Canada On demand . . 3.(>oV'i* T.T 3.05 5 /. 3.90 y,« Buyintr: On demand .. 4.0oy»« 4.0034 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, is as follows: Present Price Pur s d ci d London, pound . . 21 10.0.5 20 0.00 Australia, pound .. io 10.81 20 0.00 Fiji, pound . 22 o.liO 20 0.00 Xew York, dollar .. %ft 0.41 4 J .31 Montreal, dollar .. 5 0.40 4 1.,'51 Paris, franc . .. 0 2.71 0 2.28 Berlin, reichniark . 2 0.20 0 11.71 Copenhagen, krone 1 1 1 1.22 Yokohama. yen . 1 5.38 2 O.GS

CUSTOMS EXCHANGE RATES Finally declared rates of exchange ruling at the date of departure of vessels named are shown in the following -table: (Jcra, America, dollars .. .. 4.0-1 Nardana, America,, dollars .. .. 4.04 Nardana, Canada, dollars ~ 4.03 Trcdinnick, America, dollars .. .. 4.04 Tredinnick. Canada, dollars .. 4.01 Waiotapu, America, dollars .. 4.0.1 Chifuku Maru, .Japan, yen .. .. lid Niagara, America, dollars .. .. 4.03 Niagara. Canada, dollars .. .. 4.04

CALL AND DIVIDEND LIST Dividends— Due Morris Hedsfroin —final. :V/ 4 p.c. To-morrow British Tobacco —quarterly, 2 p.c. . . . . . To-morrow Blarkwater—final. J.s a sliarn (sterling.' . . . . To-morrow Consolidated Gold—int., (id a share (slcrlintf) . . . . To-morrow Nat. Mortgage—int., -'A p.c. (sterling) . . . . Jul.v 1 H.M. Arcade —int., ord., 3 p.c.; pref., 2 :!•."> p.c. . . . . July 1 Nat. Bank N Z.—final, 2 p.c. (sterling), free of lax . . July 3 Dominion Breweries—old. final, 5 p.c. (making 0 p.c. p.a.); new, 0 pc. p.a. July 3 Argo Gold Dredging—ninth, Id a share . . July f> Mt. Morgan—int., 4'/ a (l a share July 10 Hume Pipe (Far East) —10 p.c. July I'2 Woolworths (N.Z.) —ord., int., 5 p.c. . .. .. Jul.v 15 CallsBroken Hill Pty. (con.)—ss a share . . . . To-morrow Grey River—2nd. 1s 3d a share July M Austral N.Z. Mining—•_'« a share July 21

COMMONS RESOLUTION EXCHANGE FUND INCREASE British Wireless RUGBY. June -27 Sir .John Simon, Chancellor of the Exchequer, will make a fuller statement on the £200,000,000 increase in the Exchange Equalisation Fund, when he moves a resolution in the House of Commons to-morrow in connection with the bill, which lie subsequently will introduce.

It is hoped that tho bill will pass through all stages by Friday. Its introduction lias necessitated the rearrangement of the Government's Parliamentary timo-table.

Bank nf Xew South Wales £ s d I.", 0 Commercial Bank Sydney .. O.J :i i) Commonwealth Wool "T (1 I' 2 Coldsbroufdi-Mort i 1 1) Wincliiomiie, Carson l is ■I'A Newcastle (ias (A. and C.).. M f_' (i Tooth's Brewery •_> Hi 0 I>i 1 to o 15 ti Associated Newspapers T ;) 0 Ditto 111ref.> i ;? » British Tobacco •j 10 3 Broken Ilill Proprietary . . T l 1) Burns, Pliilp :t M II Colonial Kuvjar '17 ■j li Dunlop-I'erdriau i <> ut'A Electrolytic Zinc 17 i> Ditto 17 :i Ditto (pref.) 2 IS :! Victoria Xyanza 0 is :t Woohvorths (Sydney) 7 0 0 Wnnderlich 1 •_> n La rut Tin 0 ii> 7\f Mount li.vell •_> •_> III 1 a Mount Mortran II !) Xorth Broken Hill . . it 0 HawaiiK Tin (i i-_> i y 3 Tnnprkali Harbour l 3

£ S (I Commercial Bank Australia 0 IS (i Nat. Bank A'asia. (£o pd.) 7 r, o Australian Cilass 4 12 fi A us. Iron and Steel (pref.) 1 (i (5 Broken Hill Proprietary 1 i <; Driid Houses 1 (i 9 J)unlop-Perdriau 1 1 t ])itto (pref.) Felt and Textiles 1 1 (i » 1 35 a fi. .T. Coles . . r> a o Oeneral Motors 1 4 a Broken Hill South 'J f) » Kmperor t) i :> <i Loloina i) 1!) (> Mount Lyell n Mount Morgan n l •_> f i North Broken Hill .. a la ft Sutupulo Tin l \ o 6

Montreal, dol. . . 4.1) Wi 4.S0G New York, dol. 4.93"/; 4.so Paris, fr. .110% 1 1 OVm 105.00 Brussels, belga. . 12! 35.00 Geneva, fr. 21 .'.iT',4 2 1.55/j 25.22 Amsterdam, gr. 8.97% 8.9S 12.10 Milan, lire st:iT» 02.00 Berlin, r.m. 12.: id 1^ 12.31 20.13 Stockholm, kr... !!».:«)% i9.3»Vi 18.159 Copenhagen, kr. 'J-MO 22.10 18.159 Oslo, kr. 19.90 1 !>.! >0 18.159 Vienna, sch. . . 20 1 /, 20V 3 31.585 Prague, kr. 11 1 "An 1-1 I 1 /, 101.25 Tlelsingfors, mark 8 22(> y B 193.23 Madrid, pes. . . 551 551 25.221 Lisbon, escu. . . 1 1 II io i nr/„ 110 Athens, dr. 51 "Va 5l"Va 375.00 Bucharest, lei... 070 07(1 813.0 Rio de Janeiro, m. 'IV 4 d* 4Vid* 5.899d Montevideo, dol. ;iiiy„d* 3f»Ta«l* 51 d Bombay, rupee . 1S%(I 18V»d 18(1 Shanghai, dol... i r/,„d 14V„d — Hongkong, dol. 1I"WI I4 3 id 24.5Sd Yokohama, yen l.'P'^d Batavia. gr. 8.90 8.115,4 12.10 Belgrade, din. . . 2 1 0 210 270.31 Warsaw, zloty . . 20.09 26.09 43.38 tlConiinal. * Sellers.

To £1 N.Z. T.T. On Demand Currency Sellintr Buying Selling U.S.A.. dol. . . 3.0550 4.0025 3.H500 Canada, dot. . . 3.0(i IS 4.0002 3.0058 Austria, sch. .. 20.88 — 20.81) Bclffium, belea 1.5 — 23.3.*,4 Czecho'vakia, cr. 1 13.01 — 1 13.00 Denmark, kr. . 17.803 18.203 17.81)0 France, fr S8.80 — 88.00 Germany, r.m. . 0.813 — O.SIS Holland, fl. .. 7.1(1(1 — 7.170 Italy, lire To — 75.30 Java, 11. 7.1 1 1 — 7.1 15 Norway, kr. i .-,.803 10.243 15.800 Sweden, kr. .. 15.1*0 1.5.814 15.405 Switzerland, fr. 17.221 — 17.220 Noumea, fr, .. 87. ti» — 87.55 Papeete, fr. .. 87.11 — 87.50 N.Z. pence to— Hongkong. dol. 18 17-32 IS 1-10 18 17-32 India, rupee .. 22 21-32 •22 11-32 22 21-32 Ceylon, rupee . 22 2 I -32 22 11-32 22 21-32 Japan, yen . 17 15-32 — 17 15-32 Shanghai, dol . 18 0-01 17 13-04 18 0-01 Singapore, dol. :tr» i3-o-i 31% 35 13-01 Chcfoo, dol .. 18 111-04 17% 18 0-32 Manila, peso .. 30 •27-01 2"J 53 01 30 27-04