AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXIV, Issue 22818, 27 August 1937, Page 7

AUSTRALIAN EXCHANGES

MORE HESITANT TONE

VALUES REMAIN FIRM (Received August 20, 8.30 p.m.) SYDNEY, August Q(i Investors operated cautiously 011 the Sydney Stock Exchange to-day. The market was firm. Business included:— £ s d Commercial Hunk Australia o is o Bank New South Wales (c.\ div.) 31 7 (I Australian Gas A . . . . 7 O (I Howard Smith .. .. 110 Adelaide Steam .. ~ 1 12 O Iluddart-Parker .. .. 2 4 0 Tooth's Breweries .. .. 2 10 0 Wilcox Mofflin . . . . 0 115 Anthony Hordern .. .. o lit 1% Associated News. . . . . 1-10 Australian Glass .. .. 4 17 3 British Tobacco .. .. 2 1L 0 Ditto 2 11 3 Broken Hill Ply. . . I 5 () Colonial Sulfur . . . . -IS 17 <i Drill,' Houses (Aust.) .. 15 0 Electrolytic Zinc .. .. 3 0 3 Ditto (pref.) . . . . 3 1 (» Huinn Pipe . . . . 1 1 3 Henry Jones . . . . 2 I<> 3 Standard Cement, .. .. 0 17 0 W. It. Carpenter .. .. 2 7 1) Ditto 2 8 :i North Broken Hill .. II 18 i) Broken Hill South . . 2 !t i> 5,1011 nl. Lyell .. .. 2 4 3 Mount Morgan .. .. 0 11 5 Kuala Kainpar (ex div.) .. .1 1 3 Rnwang (N.Z, delivery) .. () 12 8 Malini Nwar . . . . Oil 0 Commonwealth Bonds.—3 per cent. 11)18, i.'!» 3 15s; I per cent, 1038, A'lol 10s 3d; 10 11, 4.102 1-ls; ll»l7, Jl'loa Kis 3d; 1050, £ 103 10s; 15)01, A' 103 12s (id. MELBOURNE EXCHANGE The Melbourne market was quiet and irregular. Sales included; — £ 8 fl Aust. Iron .and Steel (pref.) 1 7 0 Allied Motors . . . . 0 0 2 Cox Bros. .. . . 12 3 Dunlop-Perdriau .. .. 13 7 Ditto (pref.) .. .. 1 IS I) G. J. Coles . . . . 417 0 Tongknh Harbour .. .. 15 0 Emperor .. .. 0 1111 Loloma .. .. • • 15 0 FOREIGN EXCHANGES FLUCTUATIONS IN LONDON British Wireless ItUGBY, August 25 The following rates 011 foreign exI changes are current, compared with tho cabled quotations on August 24 and par: — Aug. 25 Aug. 21 Par Montreal, dol. . . •l.'.i.S/'la 4.DS , yi„ 'I.BOO New York, dol. 4,0.5% 4,0.S 13 / i« -1.80 Paris, fr. .. 132 u / l0 132"/:., 105.00 Brussels, belga.. 2!>.50 20.01'/, 35.00 Geneva, fr. 21.70 21.71 % 25.22 Amsterdam, gr. 0.03 5>.(>3% 12.10 Milan, lire . 01"/, n 1)2.00 Berlin, r.lll. .. 12.30% 12.10 20.13 Stockholm, kr... 10.5)0% 10.30% 18.150 Copenhagen, kr. 22.-10 22.10 18.150 Oslo, kr. 10.00 10.5)0 IS. 150 Vienna, sell. . . 20% • 20% 31.585 Prague, kr. .. 112% 343 3 / ie 101.25 IlelsinKfors, mark 22(>% 22(1% 103.23 Madrid, pes. 551 25/221 Lisbon, cscu. 110%« 110' is 110 Athens, dr. 517% 517/, 375.00 Bucharest, lei. . 070 (>7O 813.0 Rio de Janeiro, m. 4'/<l* 4%d* 5.80l)d Monte-video, dol. 30% d* 35> i yi 6 d* 51d Bombay, rupee.. 18% d 1 S%d 18d Shanghai, d 01... lldt 34%dt • Hongkong, dol. 34 15 / le d 14 l Vi 8 d —- Yokohama, yen lid 14d 21.58(1 Batavia, gr. .. 0.01 0.02 12.10 _ Belgrade, din... 217 217 2 <0.31 Warsaw, zloty.. 20.31 20.31 43.J8 {Nominal. 'Sellers. NEW ZEALAND QUOTATIONS The Associated Banks (other than the Bank of New South Wales) quoted the "following dollar rates yesterday, 011 a New Zealand currency basis, subject to alteration without notice: Selling: United States Canada T.T. .. .. 3.5)0% 3.5)0'/, a On demand .. 3.00% S.UO'Vie Buying: On demand .. 4.03% 4.01 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 El N.Z. T.T. On Demand Currency Selling Buying Selling U.S.A., dol. .• 3.5)5)1S 4.0388 ,10058 Canada, dol. . 3.05)28 4.0102 3.0003 Austria, sell. . . 20.5)0 Belgium, belga 23.003 24.018 23.074 Czeclio'vakia, cr. 114.02 Denmark, kr. . 17.85)3 15.203 17.85)0 France, fr. .. 305.5)1 108.51 105,05 Germany, r.m. . 0.587 Holland, 11. . 7.208 7.30S 7.212 Italy, lire .. 75.81) Java, n. .. 7.181 7.371 '7.185 Norway, kr. .» 15.85)2 10.212 ' 35.85)8 Sweden, kr. .. 35.45)0 1 5.8 15 1 5.4 00 Switzerland, fr. 3 7.313 17.718 17.348 Noumea, fr. , 305.10 310.30 '• 305.20 Papeete, fr. . 105.11. 110.30 105.15 N.Z. pence tr— Hongkong, dol. 38 25-32 38 5-10 IS 25-32 India, rupee .. 22 21-32 22 11-32 22 21-32 Ceylon, rupee . 22 21-32 22 11-32 22 21-32 Japan, yen .. 37% Shanghai, dol. 38 3-64 Singapore, dol. 35 13-04 31% 3513-04 Manila, peso .. 30 17-04 20 43-04 30 17-01 " The cost in New Zealand currency of the pound sterling, and of the principal overseas units, 011 the latest quotations, is as follows: Present Prico Par s d s d London, pound 24 10.00 20 0.00 Australia, pound 30 30.51 20 0.00 Fiji, pound . ; 22 5.00 20 0.00 New York, dollar i 4 11.00 4 1.31 Montreal, dollar 4 11.03 4 131 Paris, franc 0 2.21 0 2.28 Berlin, reichstnark . 2 0.08 0 11.74 Copenhagen, krone 1 3.33 1 1.22 Yokohama, yen .. 1 5.41 2 0.58 CUSTOMS EXCHANGE RATES Finally declared rates of exchange ruling at tho date of departure of vessels named are shown in tho following table: — Ardenvohr. Canada, dollars .. ~ 4.08 Ardcnvohr. America, dollars .. .. 4.08 Gcs'ur, America, dollars .. .. 4.08 Surrey. Canada, dollars .. .. 4.0S Surrey, America, dollars .. .. 4.ny Sydney Ma.ru, Japan, yen .. .. I4d Wairuna, America, dollars .. .. 4.08 Port Brisbano, America, dollars .. 4.08 Port Brisbane, Canada, dollars ... 4.00 PRICES OF METALS TIN FIRMER AGAIN LONDON, August 25 Following are to-day's quotations 011 the London metal market, compared with .those of August 24: Aug. 25 Aug. 24 Per Ton Per Ton £sd £ s d Cop., Stan., spot . 55 lit 4% 55 10 4% Cop., stan., 3 mos. 50 4 4% 50 3 1% Cop., electrolytic . 02 10 0 02 10 0 » lo to 03 10 0 03 10 0 Cop., elect., wire bars . . .. 03 10 0 03 10 0 Lead, soft, spot . 22 0 7% 22 5 7% Lead, soft, forward 22 1 10% 22 5 7% Spelter, spot . . 23 15 7% 23 35) 4% Spelter, forward . 23 10 4% 24 0 7% Tin, stan., spot . 202 12 0 200 2 0 Tin, stan., 3 mos. 201 7 0 250 2 G LOAN „ AND MERCANTILE LONDON, August. 2,1 The ordinary stock of the New Zealand Loan and Mercantile Agency Company, Limited, is quoted at £29. the 5 per cent preference stock at £lO2 and GJ per cent preference stock at £B9. CALL AND DIVIDEND LIST Dividends Duo Winclicombe Carson —final, 4 p.c. Aug. 30 Argo (No. 10) Id a share .. Aug. 30 Carlton Brewery—int., 15 p.c. p.a. .. .. .. Aug. 31 Quill, Morris—int., 5 p.c. p.n. . Aug. 31 Myttons—filial, pref., 0% p.c! p.a.; ord., 0 pc Aug. 31 Wright, Stephenson—final, pref., 6 p.c. p.a.; ord., 3 p.c. .. Aug. 31 Dom. Rubber —int., 5 p.c. .. Sept. 1 Elder Smith —final, 4 p.c. .. Sept. 1 North Auckland Farmers' Cooperative—pref., 5 p.c. p.a. Sept. 2 Nemona — Id a share . . Sept. 3 Ehctro. Zinc—final, pref., and ord.,' 0 p.c.; bonus, Od a share . . • • • • Sept. 10 Broken Hill South —Is 3d a sharo . . - - • Sopt. 15 Huddart- Parker—int., pref., 3 p.c.; ord., sjic. .. .. Sept, 10 Dunlop-Perdriau—final, pref., 5 p.c.; ord. 4 p.c. .. Sept. 30 N.Z. Drug—int.. 3% p.c. .. Sept. 30 Standard Insurance —final, Is 3d a sharo .. . • • • Sept. Calls — M.K. Millinery—con., 10s a share, making £1 paid .. Aug. 30 Grey River—third. Is 3d a share Sept. 16