AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXV, Issue 23072, 24 June 1938, Page 7

AUSTRALIAN EXCHANGES

METAL SHARES ACTIVE STEADY MARKET IN SYDNEY (Received June 23, 7.30 p.m.) SYDNEY, Juno 23 The Sydney sharemarket was steady to-day with business spread over a wide field., Baso metal shares were activo at firmer rates. Sales included:—

£ s d Commercial Banking, Syd. QO 13 0 Ditto 20 32 0 Bank Now South Wales .. 31 7 6 Goldsbrough-Mort ~ 18 0 Wilcox-MofTlin .. . , 0 0 7 Australian Gas (A) .. .. 7 8 0 Howard Smith ~ i 0 3 Tooth's Breweries ~ 2 1-10 Associated Newspapers .. 10 6 Ditto ~ .. 10 7% Ditto (pref.) .. .. 13 0 Australian Glass .. .. 410 9 British Tobacco .. .. 2 7 0 Broken Hill Proprietary .. 230 0 Ditto .. .. .. 2 19 0 Burns, Philp .. .. 2 31 0 Ditto (con.) .. .. 2 0 0 Colonial Siifjar ~ 40 17 0 Dunlop-Pordriau .. .. 10 7V4 Ditto (pref.) .. .. 138 0 Electrolytic Zinc .. .. 117 10 Ditto (pref.) .. .. 2 3 3 Felt and Textiles .. .. 130 0 General Industries . . . . 0 17 9 Mark Foy .. .. .. 10 0 Sartrents .. .. 10 0 Tarnnaki Oil .. .. 0 13 7 United Provisions ~ .. 0 0 0 William Atkins .. .. 12 0 Woolworths (Sydnoy) .. 10 7Va Woolworths Properties (rights) 0 3 2 W. R. Carpenter ~ .. 22 3 Broken Hill South,. .. 1 830 Loloma 12 6 Mount Lyall .. .. 15 0 Mount Morgan '.. .. O 0 .1 Larnt Tin . . . . 012 33 North Broken Hill.. .. 2 10 Commonwealth Bonds.—4 per cent, 1055. £lO2 12s Od. MELBOURNE EXCHANGE The Melbourne market to-day was inclined to steady down, with prices holding fairly well. Business included: — £ s d Commercial Bank Australia 015 10 E.S. and A. B&nk .. .. 4 37 0 Nat. Bank A'asia (£10) .. 13 6 0 Australian Glass .. .. 4 11 6 Broken Hill Proprietary .. 210 0 Dunlop-Perdriau .. .. 10 0 Electrolytic Zino .. .. 1 18 0 Ditto (prof.) ... 2 4 0 G-. J. Coles 4 2 0 Herald, Times .. .. 2 10 0 Victoria Nyanza Sugar . „ 0 35 0 Broken Hill South.. .. 18 6 Loloma .. .. .. 1. 2 0 Mount Lyell .. ... 15 0 Mount Morgan .. .. 0 9 0 North Broken Hill.. .. 2 13 FOREIGN EXCHANGES 'FLUCTUATIONS IN LONDON British Wireless RUGBY, June 22 The following rates on foreign exchanges are current, compared with the cabled quotations on June 21 and par: — June 22 June 21 Par Montreal, d 01... 5.00% 5.00'/, 4.866 New York, dol. 4.05% 4.o6J<a 4,.86 Paris, fr. . 177 l % 8 177' V,, 170.00 Brussels, boiga.. 20.21 29.20% 35.00 Geneva, fr. .. 21.50'/ a 21.57% 25.22 Amsterdam, gr. 8.05 8.94% 12.10 Milan, lire .. 94%. 04% 92.00 Berlin, r.m. .. 12.30 12.30 20.43 Stockholm, kr.. 19.39% 19.39% 18.159 Copenhagen, kr. 22.40 22.40 18.159 Oslo, kr. .. 19.90 19.90 18.150 Vienna, sch. . 20%t 26% t 84.585 Prague, kr. . . 142%, 142% 104.25 Helsingfors, mark 226% 226% ' 193.23 Madrid, pes. 55t 55+ 25.221 Lisbon, escu. 110% 110% 110 Athens, dr. .. 547% 547% 375.00 Bucharest, lei... 672% 672% 813.6 Rio de Janeiro, m. '2 l 3 2"/ JB d* 5.809 d Buenos Aires, pes. 10 19.00% 11.45 Montevideo, dol. 20% d 20% d 51d Bombay, rupee.. 17 35 / 13 d 17 a % a d IBd Shanghai, d 01... B%dt Od Hongkong, dol. 14"/, ,d 14"/„d Yokohama, yen Md lid 24.58 d Batavia, grr. . 8.03% S.Ot% 12.10 Belgrade, din... 218 218 270.31 Warsaw, zloty 26.37 26.37 43.38 'Sellers NEW ZEALAND QUOTATIONS The Associated Banks (other than the Bank of New' South Wales) quoted the following dollar rates yesterday, on a Now Zealand currency basis, subject to alteration without notice: — Selling: United Statos Canada T.T. . 3.97 s /,« 4.01% On demand 3.97"/,„ 4.01% Buying: On demand 4.01"/ ie 4.05"/„ Following are the latest rates lor 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. . 3.9724 4.0109 '3.0764 Canada, dol., , 4.0165 4.0610 4.0205 Belgium, belga' 23.301 23,740 23.372 Czecho'vakia, cr. 113.57 Denmark, kr. . 17.893 18.203 17.599 Finland, Fin. ms. -179.55 185.75 179.65 France, fr 141.20 Germany, . 9.809 Greece, drachmas 429.54 Holland, fl .. 7.143 7.333 7.147 Italy, lire . . 75.50 ..<« 75.56 Java, fl. 7.121 7.311 7.125 Norway, kr. .. 15.802 16.242 . 15.898 Noumea, fr .. 139.95 Papeete, fr. . 140.00 Sweden, kr. . 15,489 15.844 15.495 Switzerland, fr. 17.236 17.611 17.241 N.Z. pence to— .. Nominal Hongkohg, dol 18% 1811-32 18% India, rupee 22 15-64 21 50-64 2215-64 Ceylon, rupee 22 15-04 21 59-64 22 15-64 Japan, yen . 17 0-16 Manila, peso 3013-01 29 39-04 3013-04 Shanghai, dol. Nominal Singapore, dol, 34 2.5-32 34 13-64 34 25-32 The cost in New Zealand currency of tho pound sterling, and of the principal overseas units, on the latest quotations, is as follows: Present Frico Par a d s d London, pound .. 24 10.65 20 0.00 Australia, pound .. 10 10.81 20 0.00 Fiji, pound . .. 22 5.66 20 0.00 Now York, dollar .. 5 0.21. 4 1.81 Montreal, dollar .. 4 11.61 4 3.31 Paris, franc . .. 0 1.68 0 1.84 Berlin, reichsmark 2 0.29 0 11.74 Copenhagen, krono 1 1.32 1 1.22 Yokohama, yen .. 1 5.41 2 0.58 CUSTOMS EXCHANGE RATES Finally declared rates of exchange ruling at the date of departure of vessels named ore shown in the following table:— Port Halifax, Canada, dollars . .. 6.00 Port Halifax, Amorica, dollars . .. 4.98 Trehata, Canada, dollars .. .. 5.01 Trehata, America, dollars .. .. 4.95 Aorangi, Canada, dollars .. .. 5.02 Aorangi, America, dollars .. .. 1.95 Wairuna, Canada, dollars .. .. 5.00 Wairuna. America, dollars .. .. 4.97

NEW YORK CALL MONEY NEW YORK, June 22 Call money is still quoted at 1 per cent. CALL AND DIVIDEND LIST Dividonda— Due Consolidated Brick—fin., 2% p.c. Early Argo Gold —No. 14, Id a share June '25 North Broken Hill—quarterly, (Id a share . Juno 'is Goldsbrough-Mort—fin., 5 p.c. Juno 20 Farmers' Trading—ord., 7 p.c. p.a. . . .. .. Juuc 30 'British Tobacco—quarterly, 2 p.c. Juno 30 Morris Hcdstrom—ord., final, 3 p.c.j bonus, I x /i p.c. .. June 80 National Mortgage—int.. 6 p.c. p.a. (sterling) .. .. July 1 Zinc Corpn.—ord, and prof., 4s Oil stg. (loss 3s Od in £1): pref., 2s stg. (less 3s 2d in £1) .. .. .. July t Big River—second, Id a share .. July 4 Woolworths (N.Z.) —int., 5 p.c. July , 7 Dom. Breweries—final. 10 p.c. p.a. .. July 7 National Bank N.Z.—final, 5 p.c. p.a. stg. (less British income tax) • • Julv i) Koinata Beefs—final, 3d stg., a Kharo . - • July 12 liume Steel—pref., half-year, 7'/ a T _ p.c. p.a 'Tuly 14 Ml. Morgan—ord., 3d a share . . July 20 CallsAustral (N.Z.) Mining con., sixth and final, 2s Od a share,. making £1 paid .. June 2!) Bums, Philp—now. 5a a share . Oct. 1