AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXV, Issue 23002, 1 April 1938, Page 5

AUSTRALIAN EXCHANGES

SYDNEY MARKET STEADIER MELBOURNE TONE CAUTIOUS 4, (Received March 31, P. 35 p.m.) SYDNEY, March 31 The Sydney sharemarket was steadier and quieter to-day. Selling pressure relaxed., Gold and tin stocks were quiet. Sales included:— £ 8 d Commercial Banking, Sydney 20 17 0

FOREIGN EXCHANGES DOLLAR AND THE FRANC British "Wireless RUGBY, March 30 Tho following rates on foreign exchanges are current, compared with the cabled quotations on March 29 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: — Sellimr: United States Canada

T.t 3.98% 4 OO'/i, ■On demand 3.9S l yi« 4.00 15 / 1S Buyitur: On demand .. 4.02 I Vio 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: —

N.Z. pence to — Honekonjr, dol. 3 8 85-6-1 3 8 0*64 India, rupee .. 22 21-32 22 11-32 22 -1-3'-. Ceylon, rupee . 22 Ui-32 J- 11-3- -l o-. Japan, yen .. 17 31-64 1/31-64 dol* nominal Singapore, dol. 34 15-1G 34 23-ji4 34 15-04 rhr'fno dol .. * nominal Manila, t . 30 5-32 29U-10 30 5-32 Tho cost in New Zealand eurrenc.v of the pound sterling, and of the principal overseas units, on tho latest quotations, is as follows: — Present Price Par

CUSTOMS EXCHANGE RATES Finally declared rates of exchange ruling at the date of departure of vessels named are shown in the follow-

GOLD AND SILVER QUOTATIONS IN LONDON LONDON, March 30 Fine gold is quoted to-day at £6 19s lid an os., same as yesterday. Silver is quoted at IS .3-8(1 an ox. spot, and 18 l-8d forward, same as yesterday. The quotation for silver at per nne oz. is 19 13-16 d. same as yesterday. CALL AND DIVIDEND LIST Dividends —• Due Bank A'asia—final, 4s fid a share sterling, less British income tax .. . ■ • • To-day United Bldg. (Chch.)—int., 2 1 / a p.c To-day N.Z. Guarantee Corp.—int., l'/ad a share To-day Pukemiro —int., 2Va !>- P - •• Aj»J. 4 Nemona Gold—ld a share .. Apl. o New Auckland Laundry—op.c. p.a. Apl. 8 Dominion Rubber —final, 3 p.c. Apl. 8 Beath and Co. (Chch.)—int., prof., 2'/j P-c.; ord., 2 1 / a p.c. Apl. 8 Milne and Choyco—int., pref., 6 p.c. p.a.; B pref., 7 p.c. p,a.; ord. and dob., 5 p.o. p.a. .. .. .. .. Apl. 9 N.Z. Drug—final, 4% p.c.; bonus Gs a sharo .. .. Apl. 12 Northern Roller Mills—3Vi P-C. p.a Apl. 12 Okarito Dredging —6% p.c., equivalent to 4d a share .. Apl. 32 South British—int., B'/ 2 d a sharo Apl. M Cambridge Clothing—final, 3 p.c. Apl. 14 Yarra Falls—int., old, Js; new, 3d a share .. .. .. Apl. 14 Woolwortlts (S.vd.) —final, 0 p.c. Apl. ]r> Woolworths (N.Z.) —pref., int., 4% p.c Apl. If. United Provisions—int., pref., 8 p.c. p.a. .. Apl. 30 E.S.A, Bank: —int., 3% p.c. sterling, less Brilish income tax May 10 Calls— Burns-Philp—new, r>s a sharo (making 10s paid) . . To-day Austral (X.Z.) Mining—fifth of 2s 6d a sharo (making 17s 6d paid) Apl. 8 Golden Crown—sixth of 3d a fi&are Apl. 10

Ditto (N.Z. delivery) 20 17 0 Fi.S. and A. Bank 5 2 (i Bank Now South Wales .. 32 4 0 Union Bank8 15 0 Howard Smith 1 .1 4% Huddart, Parker (N,Z. deliv.) 2 (1 10 Tooth's Brewery 2 14 <1 Associated Newspapers 1 1 3 Amalgamated Wireless 3 4 0 Australian (5 lass .. .. 4 10 (i British Tobacco (ex div.) .. 2 8 3 Broken Hill Propriotary .. 2 10 10% Ditto 3 0 3 Dunlop-Pcrdriau (ex div.) .. 1 I 0 Farmers 1 10 0 General Industries (ex div.) 0 18 0 G. ,T. Coles 3 1!) 3 Morris Hedslrom 1 5 0 Nowbold Brick 1 11 0 Standard Cement. 0 10 (> Victoria Nyanzn Sugar 0 14 8 Woolworths (Syd.) (N.Z. delivery) 1 . .. 1 2 0 Broken Hill"' Consolidated (new issue) 0 13 4 Emperor0 12 0 Mount Lycll.. 1 7 (i Mount Morgan 0 0 4 North Broken Hill.. 2 0 3 Commonwealth Bonds.—I per cent. 1038. •CIOL lis 3d; 1957, £101 5s; ir.c 1118.1, £103 MELBOURNE EXCHANGE On tho Melbourne Stock Exchange to-dnv the market continued cnutiou.sly with only .small variations in prices. Business included:— £ s d Commercial Bank Australia 0 1(1 3 Nat. Bank A'asia (£5 pd.) fi 10 0 Ditto (.CIO paid).. 14 2 0 Kauri Timber 1 1 3 Carlton Brewery .. 3 5 <? Aust. Foundation Trust .. 0 5 o Australian Glass <1 10 e Broken Hill Proprietary .. 3 0 0 Ditto (con.) 1 15 7% Dunlop-Perdriau (ex div.).. 1 1 5 G. J. Coles 3 10 3 Broken Hill South.. 1. 10 (i North Broken Hill.. 2 6 7%

par:—• Mar. 30 Mar. 20 Par Montreal, dol.. . 4.99% 4.9S"/i« 4.sue New York, dol. 4.97 4.97 4.86 Paris, fr. 1 03% 103% 100.00 Brussels, belga.. 20.37% 21.00% 29.40 35.00 Geneva, fr. 21.00% 25.22 Amsterdam, gr. s.! 8.97 12.10 Milan, lire 9 .t"/ M 94% 92.00 Borlin, r.ra. 12.37*4 19.40% 12.37 3 /i 19.40% 20.43 Stockholm, kr... 18.159 Copenhagen, kr. 22.40 22.40 18.159 Oslo, kr. l!).O0 10.90 18.159 Vienna, sch. 20% 20% 142Vi. 34.585 Prague, kr. 142%' 104.25 Helsingfors, mark 220% 220% 103.23 Madrid, pes. .. 55t 55t 25.221 Lisbon, eseu. .. no 3 /,. no 3 /,. 110 Athens, dr. 547% 547% 375.00 Bucharest, lei... 077% 077% 813.0 Rio de Janeiro, m. 2"/, 6 d* 2 l3 /i«d* 5.899d Montevideo, dol. 20 3 /.d; 20 3 / 4 dt 51 d Bombay, rupee.. 18%d 18%d lSd Shanghai, dol... 12 5 / a (l 13d — Hongkong, dol. 11^(1 14 7 /,»d — Yokohama, yen 13 3 % a d 13 3 % a d 24.58d Batavia, gr. .. Belgrade, din... 8.05 8.95 12.10 010 216 276.31 Warsaw, zloty.. 20.29 20.29 43.38 tNorainal. I Market rate. 'Sellers.

To £1 X.Z. T.T. On Demand | Currency Selling Buying Selling U.S.A., ilol. .. 3.0829 4.0275 3.9809 Canada, dol. .. 4.0008 4.0513 4.0108 Belgium, beli?a 2.'M 92 23.877 23.503 Czecho'vakia, cr. 113.41 — 113.40 Denmark, kr. . 37.893 38.203 17.899 Finland, Fin. ms. 179.13 185.33 179.23 France, fr. 129.28 — 129.32 Germany, r.m. . 9.807 — 9.872 Greece, drachmas 429.51 — 429.81 Holland, fl. .. 7.158 7.318 7.102 Italy, lire 75.00 — 75.71 Java, fl. 7.133 7.323 7.137 Norway, kr. .. 3 5.80 L 30.241 35.897 Sweden, kr, .. 15.192 15.8*17 15.498 Switzerland, fr. 37.314 17.089 17.319 Noumea, fr. .. 328.03 — 128.07 Papeete, fr. .. 128.08 — 128.12

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