AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXIV, Issue 22901, 2 December 1937, Page 9

AUSTRALIAN EXCHANGES

INVESTORS MARK TIME INDUSTRIALS WEAKEN (Received December 1, 7.-11 p.m.) SYDNEY. Dec. 1 Investors on the Sydney Stock Exchange are still marking time. Trading to-day was light, with some further weakness in leading industrials. Sales included:—

FOREIGN EXCHANGES FLUCTUATIONS IN LONDON British Wireless RUGBY, Nov. 30 The following rates on foreign exdinnges are current, coinpnred \\ itH the cabled quotations on November 29 and I,ar ' Nov. 30 Nov. 20 Par Montreal, dol. .. 4.0!) 4.800 New York, dol. 4.Mjgi 4*o Paris fr. .. 34*/ 33 300.00 Brussels, belga.. 2».38/ 4 Geneva, fr. .. 21.00% r'^r~ Amsterdam, gr. H.OSVa w! Milan, lire .. M 2 %i »«% «>2.00 Berlin, r.m. .. 32.38/ A Stockholm, kr... it 1 ,'),, Copenhagen, kr. 22.10 2-^lO Oslo, kr. .. l»-»0 Vienna, srh. .. 20/ a -OA 84•< Prague, kr. .. 142 J'- . \ Helsingfors. mark 220/S rr! .>- ?>'.Ti Madrid, pes. .. 55t V'.'L/ 7m I" Lisbon, escu. .. 1107,, V.-v® <i-\oo Athens, dr. .. 547% 3j. .00 Bucharest, let... 'A- r^'nwi Kio tie Janeiro, m. '-/33 d, rr'Vj/ J. rwi Montevideo, dol. 3!) 1 /j»d 3J / i«d 51d Bombay, rupee.. 18%<J lba Shanghai, d 01... 31/ id J'i/ 16 Hongkong, dol. 15d loci , Yokohama, yen lid lid 24 • »8d Batavia, gr. . . s>-!^>V 3 o=« Belgrade, . din... 210 21'. -<0.31 Warsaw, zloty.. 20.33 20.38 *(3.38 {Nominal. {Market rate. 'Sellers. NEW ZEALAND QUOTATIONS The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates yesterday, 011 a S"ew Zealand currency basis, subject to alteration without notice: Selling: United States Canada ff ... i.00V,/, 4.(M t/g On demand .. 4.00'%« 4.00/ 3 BUJ 'on demand .. 4.0-i'Vi® 4.04 Vi Following are the latest rates for purchases and sales of foreign exchange quoted bv the Bank of New South Wales, Auckland. They are subject to alteration without notice:To £1 X.Z T.T. On Demand Currency Selling Buying &S&.&:: iSSS SSS 3S SSj& K Ui H Czecho'vakia, cr. 113.11 Denmark, kr. . 3/.55J3 18—63 1 France, fr. .. 117.11 Germany, r.m. . O.BSO JHolland, fl. ~ 7.170 7.300 4.;. £» Italy, lire .. 70.08 > 1} '>.13 Java, fl. .. 5»140 ' 4-Jit. Norway, kr. .. 35.803 1«.2J3 2-^ Sweden, kr. .. 15.103 1-J-^l? Switzerland, fr. 37.200 11.0-11 3i._.l Noumea, fr. .. 315.Hi Papeete, fr. . . 315.01 N.Z. pence to— Hongkong, dol. 38 25-32 38% 18 25-32 India, rupee .. 22 21-32 22 11-32 „_l-3_ Ceylon, rupee . 22 21-32 22 11-32 22 -.1-3-.1 a pan, yen ... 37 33-01 Shanghai, dol. 38 1-32 7Z, nni Singapore, dol. 35 13-0-1 31/„ 3o 13-0-1 Chefoo, dol. .. 18% Manila, peso . 20 45-64 20 10-32 20 40-61 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 .. 24 10.05 20 0.00 Australia, pound .. 10 10.81 20 0.00 Fiji, pound . 22 5.00 20 0.00 New York, dollar .. 1 11.75 4 3.31 Montreal, dollar .. 4 31.82 4 l-3t Paris, franc . .. 0 2.31 0 2.28 Berlin, reichsmark . 2 0.00 0 11. <4 Copenhagen, krone . 1 J .33 3 1.22 Yokohama, yen .. 1 5.41 2 O.oS CUSTOMS EXCHANGE RATES Finally declared rates of exchange ruling at the date of departure of vessels named are shown in the following table: — Port Hobart, America, dollars .. 4.07 Port Hobart, Canada, dollars . . 4.05 Cera, America, dollars . .. .. 4.U7 MARKET FOR HEMP Wigglesworth and Company, fibre brokers, London, reporting on the market for October, stated that "interest in New Zealand hemp and tow is ready to expand when supplies are available. Production has now recommenced and offers are coining forward, litit the prices suggest that shippers' ideas arc above those ruling here, being out of relation with other hard fibres. The latest quotations are: Good fair, £3O a ton; high point fair. £2B 10s; fair, £27 10s; common, £26; No. 2 tow, £l7 os; No. .'5 tow, i;l6 os. All c.i.f. London basis, October-No-vember shipment." CALL AND DIVIDEND LIST Dividends— Due Tatters field —8 p.c. p.a.; bonus, 2 p.c. . . . .. .. To-day Kauri Timber—final, 3Vi P-c. To-morrow Oamaru Wool—final. 3Va p.c. .. Dec. 0 Wilsons Cement —int., 4%d a share . . . . .. Dec. S North Broken Hill —quarterly, Is 3d a share .. .. ~ Dec. 8 N.Z. Breweries—int., 4 p.c. . . Dec. 10 Golden Sands —second. Id a share Dec. 10 Placer Development—oo cents (Canadian) a share, less absentee tax . - .. .. Dec. 10 8u1010—1.50 dollars (Canadian) a share, less absentee tax .. Dec. 10 Bank of New Zealand—int., ord., Is a share; D mortgage, 3% p.c. Dec. 11 Mataki Junct.—first, iVadashare Dec. 14 Broken Hill South —quarterly, 3s 3d a share .. .. .. Dec. 17 Hume Pipe (Far East) —int., *' 5 p.c. . .. ~ .. Dec. 20 Consolidated Brick—int., 3d a share . .. .. .. Dec. 20 Mt. Lyell —final, 2s a sharo . . Dec. 20 Sulphide Corpn.—prrf., 2s a share; ord., Is (Id a share (less British income tax) .. Dec. 21 Morris Hedstroni—int., 3 p.c. .. Dec. 31 British Tobacco —final, 1030-37, 2 p.c.; quarterly. 1037-38, ■ 2 p.c, . Dec. 31 1938 Zinc Corporation—ord., int., 4a a 6hare, less 2s lOd tax .. Jan. 1

Bank of New South "Wales Commercial Banking Sydney Ditto (X.Z. delivery) Goldsbrough-Mort Australian Gas (A) Toolioy's Brewery Tooth s Anthony Hordern Associated Newspapers Australian Glass • .. Automatic Totalisators British Tobacco Broken Hill Ply. .. Cash Orders Clifford Love . . . . Colonial Sujfar Dunlop-Perdriau Fairy mead 'Supra r Felt and Textiles G. J. Coles Ditto Henry Jones . Mark Foy United Provisions .. "NValdas Shoes . . "Woolworths (Sydney) Ditto (2nd pref.) "Wunderlleh Broken Hill South Mount Lyell . .. Mount Morgan .. Railing Tin .' Ditto (N.Z. delivery) .. Tonkali Harbour (e:>: dir.) • Commonwealth Bonds. —1 per &102'; 1044, £103 2S Od. j: s 32 12 -Ml 0 L'D 0 I 12 7 0 1 11 2 12 0 .18 1 3 -t (i 0 It) 2 10 3 2 <1 Hi 2 .1(1 4o JO 1 2 1 13 1 35 4 :i 4 3 2 0 1 2 0 (J () Hi 1 (1 1 II 1 <» .117 1 13 0 11 0 10 0 10 0 17 cent, d 0 V 0 ■l'/3 ■ a 0 0 7 Mi (i !l 0 0 0 tl o 0 1 Va (> 4 /a o 0 (1 0 8 0 (5 0 0 0 4 / a 0 .<) 1041, MELBOURNE EXCHANGE On the Melbourne Exchange the whole market was very quiet. Price movements wore narrow, with no definite trend. Business included: — Commercial Bank Australia ' Nat. Bank A'asia (lo pd.) Goldshrough-Mort Carlton Brewery Aust Iron and Steel (pref.) Aust. Paper Manufacturers (paid) Broken Hill Pty. Dunlop-Perdriau Electrolytic Zinc Ditto (pref.) Felt and Textiles G. J. Coles Hume Pipe (Aust.) . Taranaki Oil Broken Hill South Emperor Loloma Mount Lyell . Mount Morgan North Broken Hill .. t 0 6 .1 3 :i 1 3 1 •_> 1 4 1 0 1 0 0 1 0 s 17 18 12 7 5 o •j 10 15 0 0 17 12 17 13 U 13 d 0 0 (i 0 0 3 (i 3 0 3 4Va 0 O 0 fi 3 o 3 10 0