AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXV, Issue 22977, 3 March 1938, Page 7

AUSTRALIAN EXCHANGES

MARKETS QUIETLY FIRM DEVELOPMENTS AWAITED i (Received March 2. 5.30 p.m.) SYDNEY, March 2 Lacking a definite lead from overseas, investors on the Stock Exchange to-day showed little inclination to depart from late rates, and the market Was fairly quiet, but firm. Stiles included:— Commercial Banking Sydney 21 (I o Bank New South Wales . . 3'_* 17 (> Nat. Bunk A'asia <i:>) .. 7 -1 o Australian lias (A) . .. 7 js u Howard Smith .. i •_< \y Tooth's Breweries .. 2 l(i 7' . Toohey's Breweries . .. 7 It) !) Ditto . . . . 1 .11. o Anthony Hortlern (pref.) ;i -i o Aust. Iron and Steel (pref.) I s (j Australian Class .. .. 413 {) Associated News .. .. 12 V/ 2 Ditto (prefj .. .. i r> o British Tobacco .. .. 2 S) 0 Ditic . . .. ... 21» 0 Broken Hill Proprietary . . ."12 0 Colonial Sugar .. .]<; v_> (i Cash Orders . .. .. (> Mi si David Jones . .. .. 2 3 3 Electrolytic Zinc .. .. 2 7 3 Farmers .. .. i 12 !> General Industries . .. 1 (I 0 Lustr* Hosiery .. .. 12 3 Ditto .. .. 12 0 Mark Foy 1 4 St Meggitts .. .. .. l 11 o Sarirents . . .. 1 S 3 United Provisions .. .. 0 (! I Victoria Nyanza . . O 15 !> Woolworths (Sydney) .. 17 7'/ a Wunderlich . . ISO Mount L.vell (N.Z. delivery) 111 0 Bawang .. .. .. o 0 0 Larut .. .. .. o 11 <) Commonwealth Bonds.—t per cent. I 038, £lOl ISs Oil; 1011, £Ki t 59; 10.V), £ 105 ss. MELBOURNE EXCHANGE The market on the Melbourne Stock Exchange remained quiet and steady. Business included:— £ s d Commercial Bank Aust. .. o 10 10 Nat. Bank A'asia (to) .. 7 5 0 Carlton Brewery .. .. It 0 <> Australian Glass .. 4 1,1 !) Broken Hill Proprietary .. .'5 2 0 Ditto (new) .. .. 1 13 l'/ 3 British Tobacco .. .. 2 0 0 Druir Houses .. .. t (i o Dunlop-Perdriau . . . . 13 7 Ditto (pref.) .. .. 1 1!> 0 G. J. Coles 4 3 0 Mount Morgan .. .. OS) 10 Mount Lyell Ilia Broken Hill South . .. 1110 North Broken Hill . .. 2 11 0 Emperor .. .. .. 0 13 3 Loloma . . .. . . 12 0 LONDON STOCK EXCHANGE DEBENTURES AND SHARES LONDON, March 1 Sales of debentures and shares on the London Stock Exchange to-day include the following, prices on February 15 being given for comparison:— Feb. 15 Mar. 1 sc s d £ s d Palsrety (4 p.c. deb.) OS o o OS lo O British Tobacco .. 118 d 1 18 3 Goldsbrough-Mort .. 1 3 l'/a 1 3 iV a Dalgety .. ..0 8 0 0 8 0 P.. and O. (def.) ~. 1 1 l'/ a 113 FOREIGN EXCHANGES FRANC SLIGHTLY STRONGER British Wireless RUGBY, March 1 The following rates on foreign exchanges arc current, compared with the cabled quotations on February 28 and par: — > Mar. 1 Feb. 28 Par Montreal, dol. .. f>.01% 5.02 4.800 New York, dol. 5.02 5.02 4.80 Paris, fr. .. 153'/, 153»/ w 105.00 Brussels, belga.. 20.55'/a 20.50 3.J.00 Geneva, fr. .. 21.00'/i 21.50'/, 25.22 Amsterdam, gr. 8.00/ i B.S((iv« 12.ll) Milan, lire .. 05% 1)5% 02.00 Berlin, r.m. .. 12.40- 12.10 20.43 Stockholm, kr... lo.lt'/j 10.4 l'/ a 18. lot Copenhagen, kr. 22.40 22.1.0 18-l.jO Oslo, kr. .. 10.00 io.sio 18.lot) Vienna, sch. .. 20Vi 20Vi 34.585 Prague, kr. .. 142/4 14'-/* 1 ! Helsingfors. mark 220'/, 220,4 I Madrid, pes. .. 55t 551 2...221 Lisbon, escu. .. 310/j« HO;ii ?,I9 I Athens, dr. .. 0-1 "Vi 54i,a j Bucharest, lei... 07714 077813.0. i Bio de Janeiro, in. 2 i y,«d* 2'y,«d 5.801K1 j Montevideo, dol. 21 3 ,idl 21.22 d» old Bombay, rupee.. 18% d Shanghai, d 01... 11/Wl 14, t #d Hongkong, dol. 15d 15d - | Yokohama, yen 13 03-0 Id 13 03-Otd 21..»8il j Batavia, gr. .. 8.01% 8.04/j 2, Belgrade, din... 210 210 i Warsaw, zloty.. 20.50 20.00 43.38 j tNominal. JMnrket rati?. 'Sellers.

NEW ZEALAND QUOTATIONS The Associated Banks (other than the Bank of New South Wales) quoted the I following dollar rates yesterday, on a New Zealand currency basis, subject to alteration without notice: — Selling: United States Canada T.T 4.o2'Yid 4.02% On demand .. 4.02"/ i» 4.02' i BU> On demand .. 4.00% 4.00' 3 /i 8 Following are the latest rates for purchases and sales of foreign exchange quoted by the Bank of New South Wales, Auckland. They arc isubject to alteration without notice: — To £ I N.Z. T.T. Ori Demand Selling Buying Selling' U.S.A. dol. . . 1.0220 4.0008 4.02(H) Canada, dol. 4.0232 4.0077 4.0272 Austria, sch. . 21.02 Belgium, Mlga 23.030 2-1.021 23.047 Czecho'vakia, cr. 113.80 J 13.01 Denmark, kr. . 17.803 18.203 17.800 Finland, Fin. ms. 170.15 185.35 1,0.25 France, fr. .. 122.40 Germany, r.m. . 0.000 Greece, drachmas 420.54 Holland, fl. .. 7.150 7.340 7.10(1 Italy, lire . . 70.45 Java, fl. . . 7.120 7.310 7.133 Norway, kr. .. 15.802 10.212 15.W18 Sweden kr. .. 15.504 15.851) 15.510 Switzerland fr. 17.200 17.014 17.271 Noumea, fr. .. 121.24 Papeete, fr. . . 121.20 N.Z. pence to— Hongkong, dol. 18 53-04 18 27-01 18 53-04 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 31-04 Shanghai, dol. 18 7-01 Singapore, doi. 35 5-32 34 37-04 35 5-32 C'hefoo, dol. .. 18'/. Manila, peso . 20.-.7-04 20 10-01 20 57-01 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 O.oi) Australia, pound .. 1!) 10.hi •„'(> 0.00 Fiji, pound . . . 22 5.00 20 0.00 New 'Vork, doll'ir .. 4 11.1(1 t 1.31 Montreal, dollar .. 4 11.10 4 1.31 Paris, franc . .. (> 1.05 n 2.28 Berlin, rcichsmark 2 o.os 0 11.74 Copenhagen, krone 1 1.33 1 1.22 Yokohama yen .. I 5.38 2 0.58 CUSTOMS EXCHANCE RATES Finally declared rates of exchange ruling at the date of departure of vessels named are shown in the following table:— City of Delhi, Canada, dollars .. fi.ot City of Delhi, America, dollars .. 5.00 Dessau, America, dollars ~ f>.ol Aorantri, Canada, dollars .. 6.03 Aorangi, America, dollars ~ 5.01 Port Sydney, America, dollers . 0.01 Port Sydney, Canada, dollars . .. 6.00 CALL AND DIVIDEND LIST Dividends— Due Standard Insurance—int., Is 3d a shari? . . . . Mar. 7 W. B. Carpenter—int., 10 p.c. p.a. . Mar. 15 M.K. Manufactures—final, 8-p.c. Mar. 15 Electrolytic Zinc—ord. and pref. int., 0 p.c. . . . . . . Mar. 17 Broken Hill South—int., Od a share . . . . . . Mar. IS Huddart-Parker—final, pref., 3 p.c.; ord., (I p.c. . . ... Mar. 10 Dunlop-Perd/inu—int., pref., 5 p.c.; - s rd. 3'4 p.c. .. . Mar. 31 British Tobacco—ord., quarterly, 2 p.c. . .. .. .. Mar. 31 Bank A'asia.—final, 4s Od a share sterling, less British income tax . . . . . . A pi. 1 Milne and C'ho.vce —int., pref., 0 p.c. p.a.; B pref., 7 p.c, p.a.; „„.ord. and deb., 5 n.c. p.a. . Apl. 0 Yarra Falls—int., old, la; new, 3d a share .. . . . . Apl. 11 Calls — Farmers' Trading—third, 2s a share . .. .. Mar. 5 Bundi—-3d a share . . . . Mar. 0 Golden Crown-con., fifth, 3d a share . Mar. 10 Crey IJiver—final Is 3d a share Mar. 25 Broken Mill Pty.—ne», 5s a share Mar. 31 Burns-Pliilp—new, 5s a siiare j (making 10s paid) . .. Apl. 1