AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXV, Issue 23124, 24 August 1938, Page 9

AUSTRALIAN EXCHANGES

TENDENCY EASTER

OVERSEA LEAD UNCERTAIN (Received August '2.'!, 7.'10 p.m.) SYDNEY. August 23 A slightly on sir r tendency characterised to-day's dealings oil the Stock Exchange, although there was a good demand for Tooths and Toohoys Breweries and Standard Cement. Sales included:— _.C s d Commercial Rankin? Sydney 20 l:t 0

Nat. flunk A'nsia (iIW) .. in 11 o Dulgctvs .. .. .. 8 4 0 Aus!ralian fins A .. .. 7 1 o Tool lis Breweries .. .. 215 :i Tooheys .. .. .. 1 12 0 Associated News .. .. 12 0 Australian Glass .. .. 413 !)' Australian Drug .. .. <) i t li British Tobacco .. .. 2!) 3 Broken Hill Proprietary .. 2in :i „ pit to 2 10 0 Colonial Sugar .. .. 47 15 o Punlop-Perdrinu .. .. 110 General Industries .. .. 0 If) 0 Hume Pipe . . . . ~ 0 10 0 ■Lustre Hosiery .. 1 0 0 Ditto (pref.) .. .. 110 Moris Dock . .. .. n !•"> r> ?JrGrnt!i 2 0 0 Mark Boy 1. 0 () Permanent Trustee ~ 018 0 Producers and General .. 0 5 0 Standard Cement .. .. 12 0 Sydney Ferries . . .. 0 5 11 United Provisions .. . . OS 5 Mount Lyell .. .. 17 0 Pa wane 0 8 4 Commonwealth Bonds.— t per cent, 1055, .C 103 los; 1057, £ 101 7s Cd; 1001, I'lO l 1 OS. MELBOURNE EXCHANGE With no very definite change in the oversea market, business was quiet on the Melbourne Exchange, with a slightly easier tone at the close. Bank shares are being steadily absorbed. Business included:— F... S. and A. Barik . . 5 2 0 Nnt. flank A'asia (€5 paid) 012 0 . P, u l> (£] °) 13 13 0 Adelaide Steam .. .. 1 14 0 Carlton Brewery .. .. 3 t> 0 Nat. Pellance Invest. Trust 010 l Jason Investment Trust, .. 070 A 11st. Foundation Trust .. 0 5 u Anstnlinn Paper Mrfs. (pf.) 1 7 (OX Bros 0 17 7 G. J. Coles . . . . , . 310 0 Imperial Chemicals (pref.). 1 | s Mount Morgan .. .. 011 O Mount Lyell .. .. 18 0 Broken Bill South .. [ j 111 ;{ Emperor 0 13 0 FOREIGN EXCHANGES FRANC A SHADE FIRMER British Wireless RUGBY, August 22 The following .rates 011 foreign exchanges are current, compared with the cabled quotations on August 20 and par:— Aug. 22 Aupr. 20 Par Montreal, dol. . . 4. so 1 ,; >1.80% 4 sort Aew } ork, dol. 4.85 V,, <i.SB 4.50 Paris, fr. .. 178% 178% 17000 Brussels belga,. 28.03% 28.00% 35.00 Geneva, fr. .. 21.30 21 •») o-,.» Amsterdam, gr. 5.02 8.02% T^'Td Milan, lire . . «n>% 1)2% O-' OO Berlin, r.lll. .. 12.18% 12 17% ''o43 Stockholm, kr... 10.30% 10.30% is'. 15!) Copenhagen, kr. 22.40 22.40 is i.v) Oslo, •• 10.00 10.00 18.150 Vienna, sch. .. 2«%t 20% t 34.555 Prague kr. . 141% 111% 101.25 llelsingfors. mark 220% 220% 103 "3 Madrid, pes. . . 551 />.-,♦ ' 05 .>•>]_ Lisbon, escu. .. noy,,. no;-;, TuT" Alliens, dr.. r.47% 547% 375.00 Bucharest, lei. . . (,'7O 070 813.0 HlO dc Janeiro, m. 2 7/ B d* 2%d* 5 B!)'Hi Buenos Aires, pes. 18.07% 10.05% 1i.45 -Montevideo, dol. 20% d 20% d sld • Bombay, rupee. . 17 50-0 Id 17 aa, „d 18d Shanghai, d 01... B%d B%d Hongkong, dol. 15d lhd Yokohama, yen 14d lid <_>4 5Sd Batavia.gr. .. 8.01 5.01% 12.10 Belgrade, din... 210 210 270 31 "Warsaw, zloty . . 25.03 25.03 43.3S tNominal. 'Sellers. NEW ZEALAND QUOTATIONS The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates yesterday, 011 a New Zealand currency basis, subject to alteration without notice: Selling: United Slates Canada LJ 3.01% 3.02"%. _ On demand .. 3.01 V,, 3 Buying: On demand .. 3.05% 0 3.!)«'%„ .bellowing are the latest rates lor purchases and sales of foreign exchange quoted by the Bank of New South Wales, Auckland. Tliey are subject to alteration without notice:— To Cl N.Z. T.T. On Demand tt ,v' rrclu ;- v . Selling Buying Selling U.b.A., dol. .. 3.0121 3.0511 3.0101 Canada, dol. . . 3.0208 3.00*0 3.030,8 Belgium, belga 23.135 23.520 23 140 Czecho'vakia, cr. 112.50 Denmark, kr. . 17.803 i 5.203 17 so') Finland, Fin. 111s. 170.57 1«5.77 170 07 France, fr .. 112.4 7 Germany, r.in. . 0.713 Greece, drachmas 120.51 Holland. 11. .. 7.1 IS 7.30S 7.1"- > Italy, lire .. 74.33 Jfiva, 11. .. 7.007 7.287 7.101 Norway, kr. .. 15.802 10.212 15,508 Sweden, ki. .. 15.100 15.515 liY4o« Switzerland, fr. 17.025 17.100 17.030 Noumea, fr. .. 110.72 Papeete, fr. .. 110.87 N.Z pence to— Hongkong, dol. 18 25 32 18% is 25-32 India, rup"o .. 22% 22 1-10 22% Ceylon, rupeo 22% 22 1-10 22% Japan, yen . 17 0-10 Shanghai, dol. Nominal Singapore, dol. 34 31-3.2 34 25-04 34 31-32 Cliefoo, dol. .. Nominal Manila, peso . 3(J47>04 20 53-01 30 47-04 The cost in New Zealand currency of the pound sterling, and of the principal overseas units, 011 the latest quotations, is as follows:

Present Prico Par S (1 R li London, pound . . 24 10.(>.*> 20 0.00 A list ra lia, pound .. 10 Jl.lO *2O 0.00 Fiji, pound .. .. 22 fi.(M! 'JO 0.00 New York, dollar .. r, J.ill 4 1.31 Montreal, dollar .. 0 0.U3 -1 1.31. L'iiris, franc . .. 0 1.(17 0 1 ,:t 1 Berlin, reichsinark .. 2 0.1!) () 11.74. Copenhagen. krone.. 1 1 .32 1 1.22 Yokoliaina, yen .. 1 6.41 2 0.08 CUSTOMS EXCHANGE RATES Finally declared rates of exchange ruling at tho date of departure of vessels named aro shown in tho following table: City .of Pittsbiirtf, Canada, dollars .. 4.01 City of Pittsburg, America, dollars .. 4.03 City of Winchester, America, dollars .. 4.s!> City of Winchester, Canada, dollars .. 4.03 Dessau, America, dollars .. .. 4.80 PRICES .OF METALS COPPER FIRMER, TIN EASIER LONDON, August '22 .Following are to-day's quotations on tho London metal market, compared with those of August 10: — Aug. '2'2 Aug. 10 L'er ton Per ton £■ s d M s d Copper, stan., spot 40 4 4'/ a 40 0 7'/ a Copper, stall., 3 inos. 40 0 4 1 / a 4O 5 Copper, electrolytic 4.1 f> o 4o o 0 to to 4(1 o 0 4(1 0 0 Copper, elect., wire bars . . . . 40 5 0 'lO 0 0 Lead, soft, spot .. 14 12 0 14 (S 10% Lend, soft, forward 14 13 l'/ 2 14 8 1% Spelter, spot . ■ 1U (> >1 l-'l 0 0 Spelter, forward . . 13 9 4% 13 4 4/ a Tin, stan., spot .. 101 12 (i 102 10 0 Tin, stan., ;j inos. . 102 5 0 103 7 (i GOLD AND SILVER QUOTATIONS IN LONDON LONDON, August 22 Fine gold is quoted to-day at £7 2s Aid an ox., same as on Saturday. Silver is quoted at 19 5-ltid an oz. spot, and 19 JJ-lGd forward, samo as ou Saturday. Tho quotation for silver at per line ov.. is 20 13-10 d, compared with 20 J d on August 19. ■ The following ig a summary of the fluctuations in the price per ounce of line gold this year: — £ b d Highest price, August 13 . . 7 2 » Lowest prico, January. 3 .. (l 1»> 0 August Hi 7 2 H/a August 17 .. .. ..7 2 4/j August 18 7 2 f»,» August 19 .. .. 7 2 (I i August 20 .. . . I £ 5,7 August 2'2 .. . • ..725/3