AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXV, Issue 23053, 2 June 1938, Page 9

AUSTRALIAN EXCHANGES

is as ionows: —- Present Prico Par s <1 s d London, pound .. 24 10.05 20 0.00 Australia, pound . 10 10.81. 20 0.00 Fiji, pound . . . 22 ">.o<i 20 0.00 New York, dollar .. •"> 0.20 4 I.:U Montreal, dollar .. 4 11.1)1 4 ].»il Paris, franc . .. 0 J .07 0 l.ljf Berlin, reiciismark 2 0.21 0 l]-<t ('openl)aecn, krono . 1 1.32 } 1-22 Yokohama,'yen 3 • r, -lI o.;>b

LITTLE MICE VARIATION PASTORALS TEND EASIER (Received June-1, 8.15 p.m.) SYDNEY, Juno 1 Tliero was practically 110 variation in prices in any department on the Sydney Stock Exchange to-day. W. R. Carpenter's shares \\;ero weaker in sympathy with tlio reduced prices for island produce. Pastoral shares also tended easier. Sales included:

Commonwealth Bonds. —4 per cent, 10-11, £IOO 18s !>d; 10-14, £lOl 15s; 1950, £lO3 7s lid; 1955, £lO4 10s. MELBOURNE EXCHANGE On tho Melbourne Stock Exchange to-day trading was still restricted, but gold shares and Barriers were more active, with an improving tendency. Business included: —

FOREIGN EXCHANGES FLUCTUATIONS IN LONDON British Wireless RUGBY, May 31 The following rates on foreign exchanges are current, compared with the cabled quotations on May oO and par: —

NEW ZEALAND QUOTATIONS The Associated JJanks (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 ;U>li"/ la 4.(» l Oil demand • • 4.0iy,» Buyintr: On demand . . J.Ol 4.0534* Following aro 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:

The cost in New Zealand currency of the pound sterling, and of the principal overseas units, on the latest quotations, i< ns follows!

PRICES OF METALS TIN QUOTATIONS HIGHER LONDON, May :» Following aro to-day's quotations on the London metal market compared with those of May 30:

GOLD AND SILVER QUOTATIONS IN LONDON LONDON*, May 31 Fine gold is quoted to-day at £7 Os ojd an oz., same as yesterday. Silver is quoted at 18 15-lotl an oz. spot, and 18 9-16 d forward, compared with 18gd and 18 11-1 Gd yesterday. The quotation for silver at per fine oz. is 20 7-16 d, compared with 20j>d yesterday. DEBENTURES AND STOCK BANK SHARE QUOTATIONS LONDON, May ISI On the London Stock Exchange quotations of bank shares and other corporation debentures and stocks compare with previous quotations as r,.i

BRITISH WAR LOAN British Wireless KUGBY, May !V1 JJritish War Loan, ;3J per cent, is quoted to-day at £lOl 12s (3d, as compared with £IOO 10s yesterday.

£ s d Commercial Banking: Sydney '_'U in 0 Ditto 12 Goldsbrough-Mort 1 1) <i Winchcomlie-Carson 1 (S 0 Wilcox- jiofflin 0 7 •_> Toohey's Breweries 1 JO Associated Newspapers 1 0 Ditto (pref.) J 3 Anthony Hordern 0 17 (i Australian Glass •I 3 Burns-Pliilp o ia « Broken Hill Pty. (ex div.) 5 0 !) Cash Orders Amalgamated . (i 17 0 Colonial Sugar <17 P_> (i Ditto ■17 15 0 Dnnlop-Perdriau U 0 lO'/a Electrolytic Zinc (N.Z. del.) 1 17 !) Felt and Textiles 1 1 I (i United Provisions 0 fi 7 \V. R. Carpenter o o 3 Broken Hill South . I 8 1 Mount Lycll 1 3 0 North Broken Hill 2 ft 0 Kuala Kampar 0 1(3 3

£ s rl Commercial Ba<»k Australia 0 15 0 Australia Paper Mfrs. (pf.) 1 4 1) Broken Hill Proprietary 3 0 R Ditto (con.) 1 ](i 3 Drill* Houses X 3 O Dunlop-Perdriau 1 0 1 L O. J. Coles 4 t » Herald Times . o it (5 Varra Falls . I is (i Emperor 0 11 Loloma i 1 ii Mount Lyell n 2 10 Mount Morgan 0 8 1U

May 31 May 30 Par Montreal, dol. .. 5,00% 5.00% 4.80G New York, dol. ■i y a 4.05% 4.80 Paris, fr. 1 78% ITS'/, 170.00 Brussels, belga.. 20.28 29.30 % 35.00 Geneva, fr. 21.72% 2 i .72% 25 Amsterdam, gr. 8.07% 12.10 Milan, lire «*4 Via :tiy 8 02.00 Berlin, r.m. 12.33 12.3I 20.43 Stockholm, kr... 30.30% 111.30/a 18.150 Copenhagen, kr. 22.40 22.10 18.150 Oslo, kr. 30.00 10.110 ] S. 1 50 Vienna, sch. . . 2«%t 'JO'A*31.585 Prague, kr. 342% 142% Kll .25 Ilelsingfors, mark 220% 303.23 Madrid, pes. . . 55+ 551 25.221 Lisbon, escu. . . 1 10% 3 U)% 3 10 Athens, dr. 547% 51 i l j 375.00 Bucharest, lei.. . nr; 1 /, (i77% 813.0 Rio de Janeiro, in. 2 13 /, 6 d* o.y )6 d* 5.800d Buenos Aires, pes. 18.ill Ts.sti 3 1.45 Montevideo, dol. 20dt 20d: 5 Id Bombay, rupee.. iT'y.sd 3 7 57-G Id 18d Shanghai, dol... 3 0%d lOVgd — Hongkong, dol. 34%d 34%d — Yokohama, yen lid lid 24.58d Batavia, gr. . . 8.05 8.05 32.10 Belgrade, din... 218 218 270.31 Warsaw, zloty.. 2«.2S 20.2S 43.38 tXominal. JMarket rate. 'Sellers.

To £1 N.Z. T.T. ' On Demand Currency Selling Buying Selling U.S.A., dol. . . 3.9004 4.0109 3.0704 Canada, dol. . . 4.0110 4.0501 4.0150 Belgium, • belga 23.409 23.704 23.420 Czecho'vakia, cr. 113.57 — 113.02 Denmark, kr. . 17.803 18.203 17.800 Finland, Fin. nis. 170.3") 185.55 170.45 France, fr. 141.10 — 3 41.14 Germany, r.m. . 0.835 — 9.840 f,reece. drachmas 420.51 .—. 420.84 Holland, fl. 7.100 7.350 7.101 Italy, lire 75.4 1 ■— 75.40 Java, fi. 7.133 7.323 7.U57 Norway, kr. 15.8!(2 10.242 1 5.8! 18 Noumea, fr. . . 1 10.15 -— 140.19 Papeete, fr. . . 110.20 ■—- 140.24 Sweden, kr. 15. ISO 15.Kit 1 5.495 Switzerland, fr. 17.3(jo 17.710 17.370 N.Z. pence to — Nominal Chefoo, dol. .. Hongkong, dol. 18% ' 18 11-32 i s-y 4 India, rupee . . 22 17-04 21 01-04 22 17-01 Ceylon, rupee 22 17-01 21 01-04 22 17-04 Japan, yen 17% —— 17% Manila, peso . Shanghai, dol. 30 3-10 20 10-32 30 3-10 Nominal 31 47-01 Singapore, dol. 34 47-04 34 5-32

May 3! May 30 P or ton Per ton C s d t: s d Copper, Stan., spot 33 Hi 3 3 33 11 ■t'/a Copper, stan., 3 mos 34 t 33 1 if -Va Copper electrolytic 38 0 0 37 l."> <J to to 3i> 0 n 38 !•'. (I Copper elect wire bar 30 0 it 38 15 0 Lead, soft, spot . 13 11 r, 4 13 ir> () Lead, soft, forward 13 1(5 in 1 4 13 l(i ID'/, Hpelter, spot 1 '2 7 (i 1 •_> 8 !) Spelter, forward Tin, stan., spot . r_> 8 J / 4112 !l ■I'A UM 7 (i KM 7 o 0 Tin, stan., :i mos. KM 17 <> KM 2

lollows: — May 37 May 31 £ s d £ s d Australasia , 7 ! 5 0 7 3 2 fl K., S. and A. .. <1 0 :? 10 (? Union of Aust. . . <> 10 0 (5 2 rt New South Wales 2-1 3 5 0 24 3 2 6 National of N.Z. •j 0 a '2 0 0 N.Z. Shares 1 13 u 1 in t> British Tobacco . . .1 37 •I 1 /, 1 3(5 0 Goldsbrough - Alort l 5 1 a 0 Dalffety (3 10 0 a 7 0 1'. and 0. Def. . . 1 1 0 l 0 G N.Z. Loan & Merc., 0 0 •1 p.c., deb. .. 00 30 0 00 N.Z. Loan & Merc., 0 0 0 lord.) 20 0 20