AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXV, Issue 22935, 13 January 1938, Page 7

AUSTRALIAN EXCHANGES

BARRIERS IN DEMAND STRENGTH OF INDUSTRIALS (Received January 12, 5.20 p.m.) SYDNEY, Jan. 12 Base metal shares were in strong demand on the Sydney Stock Exchange to-day,> while the market for industrials was much brighter. Business included:—

LONDON STOCK EXCHANGE BANK SHARES AND DEBENTURES LONDON, Jan. 11 On the London Stock Exchange quotations of bank shares and other corporation debentures and stock compare with previous quotations as fol-

The markets have turned quieter but cold shares are still attracting buyers Commodities, notably copper and rubber, are strong.

FOREIGN EXCHANGES FLUCTUATIONS IN LONDON (Received January 12, 6.29 p.m.) British Wireless . RUGBY, Jan. 11 The following rates on foreign exchanges are current, compared with the cabled quotations on January 10 and

NEW ZEALAND QUOTATIONS Tile 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: United States Canada be "- L - .1.01 y,. <i.oi'/ 6 On demand .. -l.olyie 4.0 iy 19 *On demand . . '1.05'/ a 4.05%

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:

CUSTOMS EXCHANGE RATES Finally declared rates of exchange ruling at the date of departure of vessels named are shown in the following table: — Fernmoor, Belgium, belKa ~ .. 20.-10 Kaikouru, America, dollars .. .. 0.00 Kaikoura, Canada, dollars .. .. 4.00 WHOLESALE EGG PRICES The Auckland Egg Marketing Committee announce that egg prices are unchanged as follows: —Hen: First grade. Is GJd a dozen; Ji, Is 5Jd; C, Is OJd. Duck: First grade, Is 4sd a dozen; 11, Is -TJd; C, Hid. Country storekeepers' minimum buying prices for first grade eggs are:—Hen: Is 2d a dozen; duck: Is.

£ s d Bank New South "Wales .. aa r_> ti Com. Dunking Sydney •_»o 18 0 Kat. Bunk Aust. (.Co paid) 7 t 0 Mercantile Mutual insurance 1 11 0 Coldsbrough-Mort 1 j j H Hudilart-Parker 'J a a Australian (ias (old) 7 s 0 Toohcy's Brewery 1 ia 0 Tooth's Brewery ■J to a Amalgamated Zinc 0 1 L 0 Anthony Hordern o It) o Associated News l a a Berlei. Ltd •j 0 0 British Tobacco ■_> 10 a Broken Hill Ply. a •I a Burns-Philp 2 15 0 Cash Orders . 0 IS a Claude Neon •j to (> Clifford Love '2 15 0 Colonial Sutra r 47 I'J (» Dunlop-Perdrian (pref.) 1 18 0 Electrolytic Zinc •J 11) 0 Ditto •J !> (> Fairymead Sugar 1 Hi 0 Farmer and Co. 1 ia a General Industries J o i% Gordon and Gotcb .. l-> W/j Kandos Cement I 5 1 / 2 'Lustre Hosiery 1 a 0 Neon Signs 0 17 (i Sargents, Ltd. I 10 0 Standard Cement. (i 18 o United Provisions (N.Z. del.) o 7 (i ■\Vestinghou.se and Rosebcry l. •J 0 Wool wort lis (Sydney) . . t <1 0 Broken Hill South l 17 7 1 ' j Mount L.vell . l it 10% Mount Morgan .. 0 10 5 North Broken Hill o 17 G Commonwealth Bonds. —1 per cent. 1041. £102 17s (id: 1044. £105 15s; 1047. £105 12s Gd; 1953. £105 7s fid; 1055, £104 5s. MELBOURNE EXCHANGE On the Melbourne Stock Exchange there was strong buying of Barriers and a maintenance of tho firm tone m industrials. Sales included:- - £ s d Com. Bank Australia 0 17 1 Nat. Bank Aust. (£10 paid) It 10 0 Goldsbrough-Mort 1 4 r_> 0 Australian Glass i a J) British Tobacco - 10 3 (» Broken Hill Pty. .. •• a l t Drue Houses of Australia , t» a 18 0 Dunlop-Perdriau i i JJ 0 0 Ditto (pref.) Electrolytic Zinc •J 111 ia Ditto (pref.) — ("J. J. Coles 4 5 (> Broken Hill South .. 1 17 0 Emperor Mines 0 ia 4 1 10% Loloma . . ' • i) 1 0 I t to Mount L.vell Mount Morgan ' North Broken Hill .. - 17 ia 0 Zinc Corporation 5

lows 11 Dec. 25 Jan. £ s d X. s d Australasia .. .. 8 8 i) 8 10 (i 0 0 » (5 0 0 0 E„ S. and A. .. 1 7 (i ■l Union of Aust. . . 7 2 (i 7 8 New South _ Wales 25 17 <> 2(i 0 13 10 National of N.Z. .. - 1 0 - N.Z. Shares . . . . 1. 12 (i 1 British Tobacco . . 1 18 0 1 Goldsbrough-Mort . 1 "» 3 1 G 1 3 0 0 Daluety . • • « P. and 0. Deferred 1 17 •_> i; 0 1 o 3 N.Z. Loan and Merc., ■I |>.c. deb. . . 03 0 93 0 0 0 N.Z. Loan and Merc., 0 3!) 0 0 ord. • ■ '11 0

par: — Jan. 11 Jan. 10 Par Montreal, dol. .. 5.()()Vi« 5.00 s /,, 4.800 New York, dol. r>.<)0% ' 5.00% <1.80 Paris, fr. ... 147% 147% 103.00 Brussels, belga.. 20.45% 20.45 35.00 25.22 Geneva,, fr. 21.00% Amsterdam, gr. 8.H 1 Ye 8.01 Va 12.10 02.00 Milan, lire Berlin, r.m. Oi»/i« O.V/,0 1-2.40% 12.40% 20.43 Stockholm, kr... 10.40 10.40 18.150 Copenhagen, kr. Oslo, kr. Vienna, sch. 22.40 10.00 2(1% 22.40 lo.oo 2(1% 18.150 18.150 34.585 164.25 103.23 25.221 110 375.00 Prague, kr. 142% 142% Helsingfors, mark Madrid, pes. .. Lisbon, escu. .. Athens, dr. 220% 5.">+ 110% 517% 00(|>/ 5flt 310% 547% Bucharest, lei... 070% <170% 813.0 5.800d Rio de Janeiro, m. 2 17 / 32 df 2'%a dt Montevideo, dol. 25 t 25%dt 51(1 18(1 Bombay, rupee.. 1 8%ii 1 8%d Shanghai, dol... 14y t8 d 14 , /..d Hongkong, . dol. l.-»d ] 5d 24.58d 12.10 270.31 43.38 Yokohama, yen Batavia, gr. . . lid 8.0(1 1 Id 8.07% Belgrade, din... Warsaw, 7.1oty.. 210 20. 37 2 HI 20.37 {Nominal. JMarkct rate.

To t'l N.54. Currency U.S.A., do!. .. Canada, dol. .. Austria, sell. . . Belgium,, bcljfa Czecho'vakia, cr. Denmark, kr. . Prance, fr. Germany, r.iu. . Holland, fl. .. Italy, lire Java, 11. Norway, kr, .. Sweden, kr. . . Switzerland, fr. Noumea, fr. .. Papeete, fr. .. T.T. Sellintt 4.0080 •1.001)1 20.00 23.55 i i 13.57 17.803 i i7.r>o O.IK) 1 7.1(17 70.18 7.11 1 1 5.802 l r,. I«»J 17.203 1 10.31 110.30 On Demand Buying Selline •1.0527 4.0120 ■1.0530 4.0131 21.00. 23.030 23.505 — .113.02 18.203 17.80!) 121.50 117.00 — 0.001) 7.057 7.171 70.23 7.331 7.115 10.212 15.81)8 15.817 "15.108 17.038 17.208 124.31 110.35 121.10 110.40 N.Z. pence to —• ITonckoiisr, dol. India, rupee . . Ceylon, rupee . Japan, yen . . Shanghai, dol. Singapore, dol. Chefoo, dol. . . Manila, peso . 18 o3-01 '_"J 21 -312 If 1-312 1 7 1K« 35 ia-01 1 s'/ n 30 5-32 18 27-0 1 22 1 1 -32 22 1 1-32 31/g 2!) 0-10 18 53-01 22 21 -32 22 21-32 17/a 35 13-04 30 5-32 ' 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 s d London, pound .. -1 1O.05 Australia, pound .. J!) 10.HI Fiji, pound .. 22 5.00 New \ork, dollar .. -1 0.72 Montreal, dollar .. 4 31 .<57 Paris, franc . .. o 2.33 Berlin, reiclisniark . 2 0.07 Copenhagen, krono . 1 1.33 Yokohama, yen .. 1 5.41 s Par 8 d 20 0.00 20 0.00 20 0.00 4 1.31 <1 1.31 0 2.28 0 11.74 1 1.22 2 0.58