AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXV, Issue 23040, 18 May 1938, Page 9

AUSTRALIAN EXCHANGES

METAL SHADES 1)1(1 FT LEADING INDUSTRIALS (Received May 17, 0 p.m.) SYDNEY, May 17 Base metal shares continued to sag on the Stock Exchange to-day. Mount Lyells wore at their lowest point for some time. Leading industrial shares were steady, but medium-priced issues eased. Sales included: —

£ 8 (1 Bank New South Wales .. 31 15 U Ditto 32 0 0 Commercial Banking Sydney 'JO 18 0 Ditto 2117 0 Nat. Bank A'asia (£5) .. 7 0 0 Bank Australasia .. .. Id 0 0 Queensland National Bank . 5 3 0 Wilcox MofTIin .. .. 0 7 0 Adelaide Steam .. . 1 l-l 0 Traders' Finance .. .. 110 Tooth's Breweries .. .. 2 17 3 Anthony Hordern .. .. 0 18 0 Associated News .. .. 113 Automatic Totalisators .. 0 17 0 Ditto (pref.) .. .. 13 0 Broken Hill Pty 3 2 <i Ditto (X.Z. delivery) .. 3 'J 7% Burns Philp .. .. 2 15 0 Colonial Sugar . . .. 49 o 0 Electrolytic Zinc .. . . 2 'J 3 Ditto 2 2 0 Ditto (pref.) .. . . 2 7 0 Farmers 1 13 0 Felt and Textiles .. .. 113 0 General Industries .. .. 0 IS 7% Ditto 0 18 !) G. J. Coles -14 0 .Tohn McGrath .. .. 2 0 0 Newbold Brick - .. .. 112 (i Morris Hedstrom .. ..-109 Standard Cement .. .. 10 4% Woolworths (Syd.) .. .. 12 0 Mount Morgan .. .. 0 8 7 Mount Lyell .. .. 10 0 Bulolo Gold . . . . 6 10 0 North Broken Hill .. .. 2 8 0 Rawang Tin . ... .. 0 9 0 Tonkah Harbour .. .. 0 11 0 Taranaki Oil .. .. 0 8 2 Commonwealth Bonds.—1 per cent, 1038, £102; 1911, £100 17s Gd; 1944, £102 5s; 1950, £ 103 2s Od; 1953, £104 2s Od; 1955, £101 17s Od. MELBOURNE EXCHANGE ' The Melbourne market was without appreciable change. Business included:— £ s d Goldsbrough-Mort .. .. 1 11 0 Aust. Foundation Trust . . 0 4 10 Carlton Brewery .. .. 3 0 9 Yarra Falls ■ . 1 18 0 Aust. Iron and Steel (pf.) 1 8 1% 1 Australian Glass .. .. 4 14 3 Broken Hill Pty 3 2 0 Ditto (new) .. .. 1 18 6 British Tobacco .. ,. 2 9 0 Dunlop-Perdriau .. .. 12 0 Ditto (pref.) .. .. 1 18 0 Drug Houses .. .. 15 4% Electrolytic Zinc .. .. 2 2 0 Ditto (pref.) .. .. 2 0 8 G. J. Coles .. .. 4 5 0 Herald-Times .. .. 2 18 3 Sulphide Corporation .. 0 9 0 Mount Lyell .. .. 10 0 North Broken Hill" .. .. 2 8 0 Broken Hill South .. .. 1 10 0 FOREIGN EXCHANGES FLUCTUATIONS IN LONDON British Wireless JRUGBY, May 16 The following rates on foreign exchanges arc current, compared with the cabled quotations on May 14 and par: — May 10 May 14 Par Montreal, dol. .. 5.00", 5.00"/,, 4.800 New York, dol. 4.90% 4.97% 4.80 Pans.fr .. 177% 177=% 179.00 Brussels, belga. . 29.51% 29.55 35.00 Geneva, fr. 21.78 2179 '>5'oo Amsterdam, gr. 8.97% 8.98%, 12j6 Milan, lire .. 91"/ 3J 04% 92.00 i"L' , r ' m ", • ■ 12.3liVj 12.37% 20.43 Stockholm, kr... 19.10% 19.10% 18.159 Copenhagen, kr. 22.40 22.40 18.150 Oslo, kr. .. 19.90 19.90 18.159 Vienna, sch. .. 20% 20'/,t 34.585 Prague, kr. .. 112% 142% 164.25 Helsingfors, mark 220% 220% 193.23 Madrid, pes. .. 55+ 55t "5'>'>1 Lisbon, escu. .. 110%, 110%„ lib" Athens, dr. .. 547% 517% 375.00 Bucharest, lei... 077% 077% 813.0 Rio de Janeiro, m. 2*-y,gd* 2 i y, B d* it S99d Buenos Aires, pes. 18.99% 18.99 11.15 Montevideo, dol. 21dt 20%dt 51d Bombay, rupee.. 17 a % a d 17 a % a d lSd Shanghai, dol... I1% fi d ll%d — Hongkong, dol. 14%d* 14"/ le d — Yokohama, yen lid lid 24.58d Batavia, gr. . . 8,90 8.90% 12.10 Belgrade, din... 217 217 27031 Warsaw, zloty. . 20.37 20.37 ' 43.39 INominal. JMarket rate. 'Sellers. 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. .. ... 3.97% 4.01 y,„ On demand .. 3.98%, 4.01"/, Buying; On demand . . 4.02%, 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:— To £1 N.Z. T.T. On Demand Currency Selling Buying Selling U.S.A., dol. . . 3.0784 4.0230 3.9824 Canada, dol. .. 4.0145 4.0500 4.0185 Belgium, belga 23.000 23.985 23.011 ' Czecho'vakia, cr. .113.82 — 113.87 Denmark, kr. . 17.893 18.203 17.899 Finland, Fin. ms. 179.17 185.37 170.27 France, fr. .. 140.98 — 141.02 Germany r.m. . 9.804 — 0.800 Greece, drachmas 429.54 •— 429.84 Holland, fl. . . 7.104 7.354 7.108 Italy, lire .. 75.01 — 75.00 Java, n .. 7.111- 7.331 7.145 Norway, kr. .. 15.892 10.242 15.898 Noumea, fr. .. 139.73 — 130.77 Papeete, fr. . . 139.78 — 139.82 Sweden, kr. .. 15.402 15.847. 15.498 Switzerland, fr. 17.409 17.784 17.414 N.Z. pence to— Chefoo, dol. .. Nominal Hongkong, dol. 18% 18 11-32 18% India, rupee .. 22 25-04 22 5-04 22 25-01 | Ceylon, rupee 22 25-04 22 5-04 22 25-01 1 Japan, yen .. 17 33-04 — 17 33-04 1 Manila, peso . 30 3-04 29 29-01 30 3-01 ! Shanghai, dol. Nominal i Singapore, dol. 3125-32 3113-01 3125-32 The cost in New Zealand currency of j 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 .. 19 10.81 20 0.00 Fiji, pound .. 22 5.00 20 O.OO New York, dollar .. 5 0.09 4 1.31 Montreal, dollar .. 4 11.00 4 1.31 Paris, franc . .. 0 1.08 0 2.28 Berlin, reichsmark . 2 0.11 0 11.74 Copenhagen, krone 1 1.32 1 1.22 Yokohuma, yen .. 1 5.4J 2 0.58 CUSTOMS EXCHANGE RATES Finally declared rates of exchange ruling at the date of departure of vessels named are shown in the following "table: — 1 Port Montreal, Canada, dollars .. 5.02 Port Montreal, America, dollars .. 4.97 CALL AND DIVIDEND LIST Dividend! — Due N.Z. Newspapers—fin., 8d a share To-day Alloy Steel —final, 3% p.c. .. To-day Taupiri Coal —Is a share To-morrow Donaghy's Hope—final, Is a snare . . To-morrow N.Z. Paper Mills—final, 4 p.c. To-morrow Burns, Philp—fin. ord., Is a share; con., 3d a share . . To-morrow Dalgely—int., 3s a shftre, sterling, less British income tax May 20 Tui Browery—old, half-year, 5 p.c.; new, 3 months, 5 p.c. May 21 Traders' Finance —int., pref., 5 3-5 p.c. p.a.; ord., 2% p.c. May '21 Argo—No. 13, Id a snare (free of tax) .. .. .. May 23 P. and 0. Def. Slk.—int.. 2% p.c. May 24 Colonial Sugar—half-yearly, 15s a sharo .. . . .. May 20 Bank N.S.W.—quarterly, Os a share . . . .. .. May 20 Loloma Gold—first, Is a share .. May 27 Westport Coal—int., Od a share . May 27 Union Steam —pref., int., 2% p.c. May 31 Farmers' Trading—pref., final A and B, 5 3-5 p.c. p.a.; C, 5. p.c. p.a. .. .. .. May 31 Henry Jones—int., Od a share . Juno 1 Broken Hill Pty.—int., Is 3d a share; con., 2%d a share , . June 1 Tarlngamntu Timber —int., 2% p.c. June 1 McKeiftie's Dept. Stores —final, 9 p.c. .. .. . . .. June 7 Placer—No. 10, 00 cents (Canadian) a share . .. .. J.ino 10 Bulolo—No. 10, 1.50 dollars (Canadian) a sharo . .. June 10 Bank N.Z.—final Is a share .. Juno 11 Broken Hill South —od a sharo June 15 Wilsons Cement—final, 4%d a share . . . . . .. Juno 15 Mt. Lyell—int., 6d a share .. June 20 Gall*— Burnt, Philp—new, 6> a share . Oct. 1