AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXV, Issue 23095, 21 July 1938, Page 9

AUSTRALIAN EXCHANGES

INDUSTRIALS FIRM COLONIAL SUGARS STRONGER (Received July 20, 7.23 p.m.) SYDNEY, July 20 Business on tho Stock Exchange today was restricted, with a generally steady tone in all departments. There was, however, a strong demand for Colonial Sugars at an enhanced figure. Sales included: £ s il Commercial Bunk Australia . oin 7'/, Commercial Bunking Sydney 'Jo 6 (» Bank New South Wales .. ;il 'J t; United Insurance . . o 15 o South British .. 2 i> o Aust. General Insurance .. n Hi o Howard Smith .. .. L 0 (! Tooth's Breweries .. .. 2 .15 o Carlton . . . .. a r> 0 Anthony Hordern .. .. ul7 -1'/ a Ditto . . .. 0 17 0 Australian Glass .. .. 115 3 Initio . . .. . . -115 0 Associated News . . . . .1 L 0 Ditto (pref.) .. .. 1. -1 0 Colonial Sugi.r .. .. -10 17 6 Ditto . . .. -17 5 O Claude Neon . . . . 'J 8 0 Electro. Zinc (pref.) .. 2 8 3 Farmer and Company .. 1 12 (i Felt and Textiles .. .. :i 11 3 G. J. Coles <N.Z. deliv.) .. 4 2 3 Ditto (N.Z. deliv.) .. 4 2 6 Henry Jones .. .. 2 8 3 Mark Foy 1 0 10 Victoria Nyanza .. .. o 15 ;! AVool worths (Syd.) . .. 12 1% Mount Morgan (ex div.) .. 0 1.0 0 Mount Lyell • .. 10 0 North Broken Hill .. .. 2 5) 6 Zinc Corporation .. ~ 41H 0 Emperor . , .. .. 0 12!) Loloma .. .. .. 12 3 Taranaki Oil .. .. 0 13 2 Commonwealth Bonds.—l per cent, .CIO2 Gs 3d; 1050. £204 15s. MELBOURNE EXCHANGE On the Melbourne market, a firmer tone in industrials developed, following the sharp rise in America. Gold stocks were variable. Business included: — £ s (1 Nat. Bank A'asia .. .. (>l4 0 Australian Glass .. .. 4 15 1) Brit ish Tobacco .. .. 2 8 3 Broken Hill Pty. .. .. 3 10 Cox Brothers .. .. 0 IS 0 Drug Houses . .. .. 15 0 Dunlop-Perdriau .. .. 12 4 G. J. Coles .. .. .. 4 2 0 Imperial Chemicals (Aust. and N.Z.) .. .. 114 Broken Hill South .. .. 1 13 0 Emperor . . . . . . 0 12 0 Loloma . . .. .. .12 0 Mount Lyell . .. .. 1 » 0 North Broken Hill .. .. 2 10 1 LONDON STOCK EXCHANGE SHARES AND DEBENTURES LONDON, July 1!) Sales of debentures ajul shares on the London Suock Exchange to-day include the following, the prices on July o being given for comparison:— July 5 July It) £• s d £ s d Dalgety (4 p.c. ileb) 07 0 0 07 0 0 British Tobacco .. 1 10 3 110 10 l / a Goldsbrough - Mort 12 6 12 0 Dalgety .. .. 0 7 6 6 7 0 P. and O. (dcf.) . . 12 0 11 4Vi FOREIGN EXCHANGES STERLING WEAKER AGAIN British "Wireless RUGBY, July 10 The following rates on foreign exchanges are current, compared with'the cabled quotations on July 18 and par: July 10 July 18 Par Montreal, dol. . . <l.O-1 Vie 4.05% 4.800 New York, dol. 4.02'/ 8 4.02% 4.8(5 Paris.fr. .. 178 V, 178% 170.00 Brussels, belga.. 20.00 2!).12 35.00 Geneva, fr. .. 21.40 21.50% 25.22 Amsterdam, gr. 8.0t l y l6 8.05 12.10 Milan, lire . . 03% 03% 02.00 Berlin, r.in. .. 12.25 12.20% 20.13 Stockholm, kr... 10.30% 10.30% 18.15!) Copenhagen, kr. 22.J0 22.10 18.150 Oslo, kr. .. 10.00 10.00 18.150 Vienna, scb. .. 20%+ 20%t 31.585 Prague, kr. . . 112% 1 12'/, 104.25 Helsingfors, mark 220% 220% 103.23 Madrid, pes. . . 55+ 55+ 25.221 Lisbon, escu. .. 110%„ 110%„ 110 Athens, dr. . . 547% 547% 075.00 Bucharest,- lei... 672/ i <!72% 810.6 Rio de Janeiro, m. 2 2 % a d* 2 2 % 2 d* ft.800(1 Buenos Aires, pes. 18.07% 18.07!/ a 11.45 Montevideo, dol. 2()%d 2i)%d sld Bombay, rupee.. 17 a % a d 17 3 % a d ISd Shanghai, d 01... B%d B%d Hongkong, dol. 11 3 % a (l ll 3 %jd Yokohama, yen lid 14(1 24.58 d Batavia, gr. .. 8.00% 8.04 12.10 Belgrade, din... 217 217 276.31 Warsaw, zloty.. 20.18 20.1S 13.38 ■(Nominal. '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 tu alteration without notice: — Selling: United States Canada T.T rt.oi% 3.05'%, On demand . . 3 01% 3.00/% Buying: On demand . . 3.08% 4.00%« Following are the latest rates for purchases and sales of 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. do! .. 3.0107 3.0551 3.0117 Canada, dol. . . 3.0624 4.00u0 3.0601 Belgium, belga 23.2(82 23.64/ 23.2-3 Czeeho'vakia, cr. 113.<81 Denmark, kr. . 17.803 18.203 17.800 Finland, Fin. ms. 170.62 185.82 170.(2 France, fr. .. 112.11 115.64 112.18 Germany, r.m. . 0.771 Greece, drachmas 120.54 Holland, fl. .. 7.112 7.332 7.116 Italy, lire .. 74.05 Java. n. .. 7.121 7.311 7.125 Norway, kr. .. 15.502 16.212 15.80S Noumea, fi. .. 140.30 147.(84 140.43 Papeete, fr. .. 110.51 147.54 1 40.5s Sweden, kr. 15.100 15.845 Switzerland, fr. 17.178 17.553 17.1-83 | N.Z. pence to — , Chefoo, dol. . . Nominal Hongkong, dol. S% is I 1-32 18%_ I India, rupee .. 22 25-61 22 5-61 22 2.j-01j Ceylon, rupee . 'J.ViM 'J'iu-Ol 1 ■ Japan, yen .. 170-1(8 Manila, peso . oO 1 <-<> 1 20 13-(!-l 30 I<-(>I Shanghai, dol. Nominal _ j Singapore, dol. ;?5 1-6 131 7-16 3»> 1-6-1 The cost in New Zealand currency of the pound sterling, and of the principal overseas units, on the latest ((notations, ; is as follows: Present Price Par s (I s d London, pound . . 21 1 20 (MM). Australia, pound .. 10 10.M 20 0.00 Fiji, pound .. 22 5.00 20 0.00 New York, dollar . . 5 0.6 1 I 1.31. | Montreal, dollar .. 0.42 1 1.3,1 j'a ris, i'ranc o 1-08 O 1-J f ; Merlin, reichsmark .. 2 0.37 01 ] ■'» . Copenhagen, krone . I 1.32 1 ' Yokohama, yen I 5.41 2 0..-8 j CUSTOMS EXCHANGE RATES j Finally declared rates of exchange ruling at the date of departure of vessels named ale shown in the lollowing table: Canadian Constructor, Canada, dollars . 5.01 Canadian Construct >r. America, dollars . 4.07 City of Bagdad, Canada, dollars .. 5.02 City of Bagdad. America, dollars .. 4.06 Sivartenlioinll. Singapore, dollars 2s 3'.(1 Swartenhondt. Dutch Fast Indies, gulden o:>l CALL AND DIVIDEND LIST Dividends — Duo Tanpo-Tolara Tin her —pref., final, 5 3-5 p.c. pa. . . Now Union Bank int ,3s slg. a share (less British income tax) July 27 Black water M iws - (id slg. a share July 20 Consolidated Gold—3d stg. a sham July 2!) British Tobacco—pref., quarterly. 6' j p.c. pa. • July 30 Eritrican, Sims —pref. and ord., 5 p.c. pa. . . July 31 Smith and Smith —pref., halfyear. 2% p.c. . . . . Aug. 1 Argo Gold—ld a share .. Aug. 1 G. J. Coles—ord.. final, 7% p.c. and bonus (ill a share . . Aug. 1 N.Z. Insurance—final. Is a share Aug. 2 Auckland Gas—int.. 2% p.c. . . Aug. 2 Farmers' Fert.—6 p.c. p.a. .. Aug. 15 Mt. Morgan—pref., half-yearly, 1 p.c. .. Aug. 15 Mossy Creek—ld a share . Aug. 15 Woolworths (Syd.)—pref., halfyearly, first, 10 p.c. p.a.; second. 7 p.c. p.a. . . . . Aug. 15 Com. Bank' Ans. —final, pref., 4 p.c. pa.; ord. 7% p.c. pa. Aug. 18 Electro. Zinc—fin 11, pref. and ord., 0 p.c. . . . . . . Sept. 16

Calls — Broken Hill Ply.—con., 5s a &liare . • July 30 Felt iiml Textiles —5s a share Auk. 1 Burns, Philn—new. 5s a share Oct. 1 Woolworths Properties—los a share Oct. 31