AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXIV, Issue 22878, 5 November 1937, Page 7

AUSTRALIAN EXCHANGES

INDUSTRTALS STRONGER

BONDS STILL IN DEMAND

(Received November 4, 7.57 p.m.) SYDNEY, Nov. 1

The main feature of the share market on the Sydney Stock Exchange today was a sustained inquiry for Government bonds. Industrials- showed a tendency to strengthen. Sales included : ~ , .c s (I Bank of New South .Wales 33 15 o Commercial Banking Sydney 21 8 0 „ Ditto . . . . . . 21. 9 o Commercial Bk. of Australia 017 9 Adelaide Steam .. 112 7V4 Huddart Parker .. 2 3 9 Ditto (N.Z. Delivery) , , 2 3 9 Australian Gas (A) .. 7 K n Ditto (new) .. .. 7 7 it Tooboy's Brewery .. .. 111 <• Ditto . . . . 111 7y 2 Tooths . . . . . . 215 0 Anthony Hordcrn . . o 19 0 Associated Newspapers .. 14 0 Australian Glass .. .. 413 9 British Tobacco ... .. 2 8 9 Broken Hill Pty (rights).. 110 0 Colonial Sugar . . 47 7 li Drug Houses . . . . 1 5 0 Dnnlop-Perdriau .. .. 13 -I '/ 3 Fairymead Sugar ~ .. 113 o Pelt and Textiles .. .. 1 Ki 3 O. J. Coles . . . . 4 14 (i Hume Pipe (Aust.) 10 3 .T. Fielding: .. .. 4 12 o Mark Foy . . . . 1 :t :? Newbold Brick .. .. 1 15 3 Sargents .. .. Ihi i'/ 2 Emperor ... .. o 13 0 Kuala Kampar .. .. 100 Conimoiiweulth Bonds.—l per cent. 1938 £lO2 10s 3d; 1957. .CIOS 3s 9d. MELBOURNE EXCHANGE On the Melbourne nxirket banks were a little easier, but movements generally were very narrow, with the market quiet and turnover limited. Business included:

FOREIGN EXCHANGES FLUCTUATIONS IN LONDON British Wireless BUG BY, Nov. 3 The following rates on foreign exchanges are current, compared with the cabled quotations 011 November 2 and

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: Selling: United States Canada T.T :5.!»S 5 ; n 3.08% On demand 3.0b"/ in 3.08% Buying: On demand 4.o'2"Ae 4.02% Following are the latest rates for purchases and sales of foreign exchange quoted by the Bank of New South Wales, Auckland. Tlic.v are subject to alteration without notice: To C I N.Z. T.T. On Demand Currency Sell i ntc Buying Selling U.S.A.. dol. .. :f.0830 4.0285 3.0070 Canada, dol. . 3.0838 1.0283 :t.HBTB Austria, sell. . 20.87 'JO.BB Belgium, belg." 23.4 10 23.834 23.400 Czecho'vakia, cr. 112.00 ] 13.01 Denmark, kr. . 17.803 78.203 17.500 France, fr. .. 117.11 Germany, r.m. . O.SIB Holland, fl. .. 7.171 7.301 7.175 Italy, lire . . 7.">.03 Java, n. . 7.111 7.131 7.145 Norway, kr. .. 15.803 1(5.213 15.80!) Sweden, kr. .. 15.180 15.8-14 15.105 Switzerland, fr; 37.188 17.503 17.103 Noumea, frl .. 115.8!) Papeete, fr. .. 115.01 N.Z. pence to — Hongkong, dol 18 53-04 18 27-04 18 53-01 India, rupee . 22 21-32 22 11-32 22 21-32 Ceylon, rupee 22 21-32 22 11-32 22 21-32 Japan, yen 17 33-0-1 Shanghai, dol. 18% Singapore, dol. 35 13-04 34% 35 13-04 Cliefoo iol. .i 18 5-32 Manila, peso 30 25-01 2!) 51-04 30 25-04 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 sd' s d London, pound .. 24 10.05 20 0.00 Australia, pound .. 10 10.81 20 0.00 Fiji, pound .. 22 5.0(5 20 0.00 New York, dollar .. 5 0.13 4 1.31 Montreal, dollar .. 5 0.10 4 1.31 Paris, franc .. 2 0.31 0 2.28 Berlin, reichsmar': 2 0.18 o 11.74 Copenhagen, krono 1 1.33 1 1.22 Yokohama, yen 1 5.41 2 0.5s CUSTOMS EXCHANGE RATES Finally declared rates of exchange ruling at ilic date of departure of vessels named are shown in tho following table: — Aufitralind, America, dollars . . 4.05 Anstralind, Canada, dollars .. 4.05 City of Manila, America, dollars .. 4.00 City of Manila, Canada, dollars 4.05 LONDON STOCK MARKETS LONDON, Nov. 3 The London stock markets are still quiet and irregular, as they have been all this week, in spite of the widespread expectation at the close of last week that a revival was due. CALL AND DIVIDEND LIST Dividends— Due Union Oil—final, Od a sliaro .. To-day Ncmona —seventh, Id a share . . To-day Grey Valley Coal —2% px. p.a. Nov. <i Mosgiel Woollen —final. 0 p.c. . . Nov. o Dominion Pictures —final, ord., 2y a p.c.; pref. 3 p.c. .. Nov. 10 Bycroft— int., I p.c . Nov. 10 Sharlands —final. 2Vi p.c. . Nov. 11 Sunlords —pref., 5 3-5 p.c. p.a.; ord., 5d :i share .. Nov. 11 Waihi Investments —0 p.c. p.a. (less tax) . . Nov. 12 N.Z. Paper Mills—int., 3 p.c. .. Nov. 15 Burns, Philp—int., Is a sharo . . Nov. 15 A list. Glass —int., pref., 4/ a p.c.} ord., 0 p.c. .. . . . . Nov. 17 Broken Hill Pty.—half-yearly, Is '3d a share . . .. .. Nov. 17 Your.ghusbund, Ltd.—int., oid, 1s a share; new, 8d a share Nov. 10 Nat. Insurance —final, r.d a share Nov. 10 West port Coal—final, Od a share Nov. 22 Nat. Bank A'asia —int, 0 p.c. p.a. Nov. 24 Perpetual Trustees —int. Is a share . . . . .. Nov. 25 Farmers' Trading—half-yearly, A and B pref.. 5 3-5 p.c. p.a.; C pref., 5 p.c. p.a. . Nov 30 Henry Jones Co-op.--final is Od a share Dec. I North Broken Mill—quarterly, Is 3d a share . . . . Dec. s Bank of New Zealand —'til., ord. Is a share; 1) mortgage, 3-f.i p.c. . . . . . . Dec. 11 Broken Ilill South—quarterly. Is 3d a share .. .. .. Dec. 17

Calls — Grey River—fourth, making 7s Gd called; Js :3d a share .. Nov. 19

Bunk of Australasia £ 1 1. S (1 S 0 K.S. ami A. Hank . 11! 1) Oolilsbroiiu'li-Mori 1 10 Howard Smith I 1 !> Australian Olass 1 ia (» Anst. Iron and Sloe i pref.) 1 7 (i 1 ritis 11 Tobacco S !> Cox Brothers i) 17 (l Bray: Mouses 1 Dunlop-Pcrdriau 1 :{ t Ditto (pref.) 1 17 *; Electrolytic Zinc i > 1 1 0 Ditto (pref.) 11 o Felt and Textiles (rights) 0 it o 0. .1. Coles l 15 0 Broken Hill South. 1 10 U Emperor 0 ia l Loloma 0 17 a Mount Lyell •1 i s a Mount Morgan tt 11 l North Broken Hill. ia a

par: — Nov. a Nov. C! Par Montreal, dol... 4.00% ■l.lMi'/o 4 .SCO New York, dol. 4.00 7 /, a 4.oovi 4.80 Paris, fr. 147'/,, 147%, 105.00 Brussels, belga.. 20.32 20.32V, 35.00 Geneva, fr. 21.50 y 2 21 .40JM 25.22 Amsterdam, gr. 8.0S'/ a 8.07% 12.10 Milan, lire !»l% 0-i'/. 02.00 Berlin, r.m. V2.'MV a 12.31 % 20.13 Stockholm, kr... 111.3 \)V, 10.3!t l / a 18.150 Copenhagen, kr. 22.IO 22.40 IS. 150 Oslo, kr. 1!>.!)0 10.00 18.150 Vienna, sch. 20% 20/2 31.585 Prague, kr. MI y„ 141% 101.25 Helsini;fors, murk tj 22«'/s 11)3.23 Madrid, pes. * r>r>t "5 1 Lisbon, cscu. . . nil?; 1 10% 1 10 Athens, fir. M7% 517'/, 375.00 Bucharest, lei.. . 075 075 813.0 Rio de Janeiro, m. <1 '/ s d * 4 '/>d * 5.800d Montevideo, dol. 30'y lft d* 3o i y, 6 d* 5 Id Bombay, rupee.. 18'id 18»/ s d 18d Shanghai, dol... 1-lVid 1 l'/<d — Hongkong, dol. l .-»d 15d — Yokohama, yen l id ' 1 Id 21.58(1 Batavia, gr. . . 8.00 8.05 12.10 Belgrade,' din... 1210 210 270.31 Warsaw, zlot.v.. 2(1.21 20.21 43.38 iNominal. Sellers.