AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXV, Issue 23131, 1 September 1938, Page 9

AUSTRALIAN EXCHANGES

INDUSTRIALS STEADIER

ATMOSPHERE OF CAUTION (Received August ;u, 7.50 p.m.) SYDNEY. August 31 The sliaro market was more settled to-(la.v. Industrials were steadier, but an atmosphere of caution was noticeable. Sales included:

Commonwealth Bonds.—l per cent, 1911, JCIU'J Is art; 1 £ KJ.'i. MELBOURNE EXCHANGE On the Melbourne Exchange there was a steadier tone to-day, but turnover was still light. Diinlop-l'erdriaus were a shade better with selling pressure lifted. There were some London orders in the market for selected gold stocks. Uusiness included:—

LONDON STOCK EXCHANGE SHARES AND DEBENTURES LONDON, August 30 Sales of debentures and shares 011 the London Stock Kxchange to-day include the following, the prices on August 1(3 being given for comparison : Aug. 10 Aug. 30 £ s (I £ s (1 Dalgety (4 p.c. deb.) 97 0 0 07 10 0 British Tobacco . . 'J IS <> J 18 •1 'i Goldsbrough • Mort 1 - 0* 1 -J 0* Dalgety . . (> 7 <! 0 0 3 P. and O. (dcf.). . 10 0 0 10 10y 2 •Nominal. FOREIGN EXCHANGES STERLING RATHER STRONGER British Wireless IIUGBY, August 30 The following rates 011 foreign exchanges are current, compared -with the cabled quotations oil August 29 and par:—

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 States Canada T.T. . . .. :?.So'/2 a.B!>% (>n demand .. 3.59'y :0 3.'JU!/ a Buying: On demand .. 3.933 a 3.93 15 /,,

Spence to — Cliefoo. dol. . . Nominal HoiiKkontc, dol. IS.WM is r>:i-ru India rupee .. *J'J 5-H> ,!' Ceylon, rupee . 22 5-1 <3 V~ oil' Japan, yen . . Manila, peso . 30 17-GI 'Jtl.Wil 150 i, (ft Shanghai, dol. N "' nl !i a }.. Singapore, dol. 3131-.5- .11-0-01 31 .31-3-

lb as lunutto. # Present Price Par London, pound •• 7,', !V Vm H!', !w!!! Australia, pound .. I - • Fiji, pound New York, dollar .. •> l->- j p l a°riH rc t!"nr ,r :: oua 0 \i\ Berlin. rcichHmark .. 2 <> •»;» 0 11. (4 Copcnhiutcn, krono .. 1 l-J- } *■- Yokohama, yen .. 1 8.41 1 u.os

Following are the latest rates for purchases and sales of foreign exchange quoted by tlio Bank of New South Wales, Auckland. They arc subject to alteration without notice:

The cost in New Zealand currency of the pound sterling, and of the principal overseas units, on tlio latest quotations, is as follows:—

CUSTOMS EXCHANGE RATES Finally dec] a rod rates of exchange ruling at the date of departure of vessels named arc shown in the following table: C'itv of Pittsburg, Canada, dollars .. 4.94 Cit'v of Pittsburg, America, dollars .. 4.5« City of "Winchester, America, dollars.. 4.8!) City of Winchester. Canada, dollars .. I.!M Dessau, America, dollars .. .. • -W> Monterey. America, dollars .. .. 4-«» Monterey, Canada, dollars .. .. 4- 1 ' Xarliada. Calcutta, rupee .. • • <; Narbada. Singapore, dollar s 4d Narbada, Samarang, gulden .. .. o.iM CALL AND DIVIDEND LIST Dividends — -^ uo Standard Insurance —final, Is 3d a share . . • • • • £ rp J- '* Wailahu Gold—'->d a share .. Sep . 0 Broken Hill South—(id a share Sept. lo lluddart - Parker —int., pref., 3 p.c.; ord., <! p.c. . . . . Sept. 15 Electro Zinc —final, pref. and ord., !• p.c Sept. VI Howard Smith—int., 2 p.c. .. Sept. 22 North Broken llill—quarterly, (Id a share . . Sept. 28 Cox Bros—final, A and B pref., 7 p.c. p.a.; ord., l. r > p.c. p.a. Sept. 30 Bank A'asia —int., 3s (id a share Sept. 30 Dunlop-l'erdriau final, pref., 5 p.c.; ord., 3 1 /j p.c. . . . . Sept. 30 British Tobacco—quarterly. 2 p.c. Sept. 30 Howard Smith—pref., quarterly, 0 p.c. p.a. . . . . . . Oct. G United Provisions—ord., 3 p.c. p.a.; pref., final. 4 p.c. .. Oct. 28

CallsBurns, Philp—new, Cs a share . Oct. 1 "Woolworths Props.—los a share Oct. 81

Banks New South Wales £ !!l) s ir> i; d 0 o Commercial Banking Sydney 20 Queensland National Bank .. (i 0 Union Bank . . 8 1 L io 10 0 (i Mercantile Mutual Insurance (•oldstirougli-Mort 0 li o (i 0 0 Wilcox-Mofl'lin . . | 0 ii ;{ Australian Cii.s (AJ .. ] Tool lis Breweries 35 Toolieys 7 32 1 4 Carlton (ex div.) !. [ [ Felt and 'J'extiles a l 111 1) Australian Class 4 in 1 o Australian Gypsum .. ]] 1 !) :t Broken Hill Proprietary .. 18 s British Tobacco (i Colonial Sugar <17 30 o Bunlop-Perdriau .. '. 1 0 !) Ditto 1 1 o Klectrolytic Zinc 0 H unic Pipe . . t 0 a a Hackshalls .. .. . 0 3 1 Kandos Cement 1 o Lustre Hosiery 1 o a M alleys (1 1 1!) it M illsimiin Sticar 17 0 Stedmans 0 1 J 2 !) Standard Cement, . . . 0 }) United Provisions 0 8 o AVoolworths (Sydney) . 1 1 0 Mount Morgan 0 30 n Mount Lyell :l j 0 Lolotna 3 Taranaki Oil 0 12 s

Commercial Bank Australia £ s d 0 Hi *1 Bank. A'asia (£.">) . li i0 Cupel Ctnirl Invest. Trust 0 3 I) Carlton Brewery a 4 0 Australian Paper Mfrs. (pf., old) i 5 (> Ditto, new (paid) .. i 5 0 Broken Ilill Proprietary .. 2 3 8 (i Cox Bros. 0 17 •I Dunlop-Perdriau 1 .1 ' 0 Druw Houses 1 C 1 Ci. J. Coles . li J!) 0 Herald and Times .. •j IS 0 Imperial Chemicals (prcf.) . I J s Emperor 0 l'J 311 Loloma . . .. 1 3 Mount Morgan 0 in 1 Mount Lyell . 1 North Broken Hill .. 5 U

Aus?. HO Aug. 20 Par Montreal, do!. .. •l.Sli' 4 <1.80"/,„ •1.8(16 New York, <lol. <1.8<>° 1(1 ■i.KT 3 /,, 4.80 Paris, fr. 1 ' i« .1 i 8 /in 170.00 Brussels, belga. . 'Js.7< i% •JK.S l•% 3.VOO Geneva, fr. •J 1 •J l ,:i: 'J.VJ'J Amsterdam, pr. S.O'J 'i 8.01 TJ.IO Milan, lire il'J/ir, yj" JfJ.OO Berlin, r.m. I {V 2 i i ■',% •JO. 13 Stockholm, kr... UK.'SU'/a 10.30'/j i8.ir>o Copenhagen, kr. •JJ.tO •j-j.io IN. 150 Oslo, kr. l'.UtO llt.OO IS. 15!) Vienna, sell. . . •_!( i l it 'J0'/ 2 t 3t .5*5 Prague, kr. llil'i II1 KU.J5 Helsinufors, marl. '."Jfi'i 'j:j Madrid, pes. •V. t n.-.i 'J.VJ'J 1 Lisbon, escu. . . i io y ia 1 1 1 ' / 10 1 10 Athens, dr. 517/2 H75.00 Bucharest, lei.. . <>70 l!7l> 8I3.<> Rio do Janeiro, m. •J%d* 2! id* . r i.80!td Buenos Aires, pes. 1S.! ).">% tit 11.1.J Montevideo, dol. '->oy 4 ri 20' ;d aid Bombay, rupee. . lTVud 17'Y„d J 8(1 Shanghai, dol... S'/jdl S'-'/lt — Honckomr, dol. I r,d I rid — Yokohama, yen ltd 1 Id •Jt.r.Rd Bntavia. trr. . . 8.! 10'/, l'J.10 Belcradc, din... 'Jit '_'l(i •J7(i.;U Warsaw, zlot.v.. •J5.00 'Jo.00, •13.38 ' Sellers.

To -CI X.Z. T.T. On Demand Currency Selling Buying Selling U.S.A., dol. .. 3.S010 Canada, dol. . . 3.soo.i 3.010.", 3.0003 Belgium, bclff.i •j.'i.ooa :.:bs 23.00S Czecho'vakia, cr. l Denmark, kr. . 17.S03 ] 8.203 17.SO,J Finland, Fin. 111s. 170.(iO 1 So. SO 170.70 Franco, fr. ll'J.'JO — M'J.'JS Germany, r.m. . O.OSO — O.IJS'J Greece, drachmas t — •I2!U>9 Holland, fl. 7.r_»3 7.313 7.1-jr, Italy, liro 71 .()-■> — 7i.or.o Java, ft. 7. !•)."> 7.CJ0." 7.107 Norway, kr. .. nn.su'j 10.212 1 .->.so.-> Noumea, fr. .. 1 io..-> 1 — 110. Papeete, fr. . . Sweden, kr MO.Oli 3 ."V.'I! 10 lo.R-ir, 1 10.70 ir,.t!i3 Switzerland, fr. 17.0158 17.113 17.010