AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXV, Issue 23196, 16 November 1938, Page 11

AUSTRALIAN EXCHANGES

SYDNEY MARKET STEABY SELECTIVE TENDENCY SHOWN (Received November 15, 8.30 p.m.) SYDNEY. Nov. 15 On the Sydney Stock Exchange today prices continued to be steady, with a good demand fox* medium-priced securities. Sales included:—

Commonwealth Bonds. —4 per cent, 1938, £lOl 15s; 10-11, ex interest, £IOO 10s; 1947; £lOl 15s: 1050. £102: 1953, £lO3 ss: 1955, £lO3 os; 1957, ex interest, £lOl 15s; 1959, £lO2 3s 9d; 1961,' £lO3 Us 6d. MELBOURNE EXCHANGE On the Melbourne Stock Exchange investments were inclined to drift, with the exception of Drug Houses. There was some speculative activity in §ueensland oil-prospecting companies, usiness included:— £ s d Com. Bank Australia .. 0 16 8 Aus. Foundation Investment 0 4 7 Australian Glass .. .. 5 3 0 Aust. Paper Mfrs. (pref.) 1 5 7% Broken Hill Proprietary .. 2 18 G Capel Court Invest. Trust .. 0 3 11 Drug Houses . .. .. 1 3 O Dunlop-Perdriau .. .. 10 9 Electrolytic Zino .. .. 2 7 8 Ditto (pref.) .. .. 2 10 9 G. J. Coles 3 19 9 Imperial Chemicals (pref.).. 13 0 Emperor t ., .. .. 010 5 FOREIGN EXCHANGES FLUCTUATIONS IN LONDON British "Wireless RUGBY, Nov. 14 The following rates on foreign exchanges are current, compared with the cabled quotations on November 12 and

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 to alteration without notice:— Soiling: United States Canada T.T 3.73% 3.77 s /, On demand .. 3.74% 8.77Va Buy ins?: On demand .. 3.79yi e 3.82/,, Following are the latest rates for purchases and sales of foreign exchange quoted by the Bank of New. South Wales, Auckland. The? are subject to alteration without notice: —

CUSTOMS EXCHANGE RATES Finally declared rates of exchange ruling at the date of departure of vessels named are shown in the following table; — Gcra, America, dollars • 4.76 Sydney Maru. Japan, yen .. .. 14a Speybank. Canada, dollars .. .. 4.8. Speybank, America, dollars .. .. 4..4 Kaipara, Canada, dollars . . • • - 4.80 Kaipara, America, dollars .. .. ? Maetsujcker, Singapore, dollars . . Maetsuycker, Dutch East Indies, gulden 8.<4 GOLD AND SILVER QUOTATIONS IN LONDON LONDON. Nov. 14 Fine gold is quoted to-day at £7 6s 8d an oz., compared with £7 6s 9d on November 12. Silver is quoted at 19 11-16 d an oz. spot and 19§d forward, compared with 19Sd and 19 15-16 d on November 11. The quotation for silver at per fine oz. is 21id, compared with 21 3-16 d on November 11. , British Wireless RUGBY, Nov. 14 Gold to the value of £1,216,000 was sold to-day at £7 6s 8d an ounce. CALL AND DIVIDEND LIST Dividends— Duo Australian Glass —int.. ord.. 7 p.c. pref., 4% P.c. .. • • To-day National Insurance—final, Sd a share To-morrow Westport Coal —final, 6d a share Nov. 21 Broken Hill Pty. half-yearly, Is 3d a share, new. 5d a share .. • ■ •* ■ Nov. 23 E„ S. and A. Bank—final, 3/, p.c. Nov. 24 Leyland-O'Brien—ls a share .. Nov. 24 Dalgety—final. 3s a share .. Nov. 25 Bank N.B.W.—quarterly, Os a share • • • . , • • Nov. 25 Wilsons Cement —int., 4y 3 a a . shard •• Nov. -25 Younghtisband, Ltd.—int., 3 p.c. Nov. 25 Nat. Bank A'asift—int.. 0 p.c. p.a. • • • • • Nov. 30 Swan Brewery—int., pref., 3 p.c.; ord., (Jd a share .. .. Nov. 30 Anthony Hordern—int.. pref.. 7Va p.c. p.a. (less stat. deduction) ; ord., 5 p.c. p.a. .. Nov. 30 Taringamutu Totara —final, 4'/ a p.c. ... Henry Jones—final, Is Gd a share Dec. 1 Dunedin Brewery—int., 2 p.c. .. Dec. 1 Clutha Dredging—int . %d stg. a share (loss British inconio tax) , .. . . . . Dec. 3 Victoria Nyanza—6 p.c. p.a. .. Doc. 7 North Broken Hill —Od a share Dec. 8 Bank N.Z. —int., ord., Is a share; D mort.. 3% pc. . Dec. 10 Broken Hill South —6d ; share Dec. 15 Mt. Lyell—final. Is a sliaro . . Dec. 10 Kauri Timber —final, 3% p.c. .. Dei:. Morris Hedstrom —int.. 3 p.c. .. Dec. 31 Calls — Broken Hill Pty.—new, 5a a share .. .. Nov. 30 i

jC s d E., S. and A. Bank 5 11 « Union Bank Australia 8 15 0 Bank New Zealand . ' 2 o 0 Tooths Brewery o in 0 Sydney Ferries ! 0 6 <2 Anthony Hordcrn 0 10 3 Australian Glass 5 5 0 Ditto 5 3 0 British Tobacco 2 8 9 Colonial Sugar ! 48 12 0 David .Tones . 1 16 0 Drupe Houses . 1 3 0 Dunlop-Perdriau 1 0 10% Gordon and Gotch .. 2 15 G J. Fielding .. ; 4 6 0 Lustre Hosiery (pref.) 1 4 3 Marcus Clark 0 4 4 Millaquin Sugar 1 19 0 Morris Hedstrom 1 8 0 Permewan Wright .. . 1 6 9 Sargents, Ltd 1 7 3 Wilcox. Mofflln 0 6 7 Woolworths (8yd.) .. 1 1 4 y a Bulolo Gold . G 7 <5 Emperor 0 10 « Mount Lyell . 1 10 0 Mount Morgan 0 0 5

par:— Nov. 14 Nov. 12 Par Montreal, clol. .. 4.74% 4.73% *4.77% 4.73% ,4.866 Now York, . dol. 4.86 Paris, fr. - 178% 1787a 179.00 Brussels, belga..' 27.83 28.00 35.00 Geneva, fr. 20.83% 20.89% 25.22 Amsterdam, gr. 8.71% 8.74 12.10 Milan, lire 89% 90%, 92.00 Berlin, r.m. 11.76 11.83 20.43 Stockholm, kr... 10.40 19.41 18.159 Copenhagen, kr. 22.40 22.40 18.159 Oslo, kr. 10.90 10.90 18.159 Prague, kr. 137 138 164.25 Helsingfors, mark 226% 226% 193.23 Madrid, pes. .. + t 25.221 Lisbon, escu. .. 110 % 110% 110 Athens, dr. . 547% 547% 375.00 Bucharest, lei... 666 666 813.6 Rio de Janeiro, m. 3d 3d 5.899d Buenos Aires, pes. 20.35 20.30 11.45 Montevideo, dol. 18%d 17 %ed 19d 51d Bombay, rupee.. 17 l3 / le d lSd Shanghai, dol... 8%d 8%d j — Hongkong, dol. 1'1/ied 14 10 / le d — Yokohama, yen 14d 14d 24.58d Batavia, gr. 8.73% 8.72 12.10 Belgrade, din... 212 212 276.31 Warsaw, zloty.. 25.25 25.25 43.38

To £1 N.Z. T.T. On Demand Currency Selling Buying Selling U.S.A., (lol. . 3.7604 3.8006 3.7614 Canada, dol. .. 3.7041 3.8373 3.7951 Belgium, belga 12*2.162 22.547 22.167 Czecho'vakia, cr. 109.08 109.10 Denmark, kr. . 17.8*21 18.191 17.823 Finland, Fin. ms. 178.0*2 185.12 179.02 France, fr.. . . 142.00 — 142.02 Germany, r.m. . 0.337 — 9.339 Greece, drachmas 428.98 — 429.13 Holland, fl. 6.027 7.117 6.029 Italy. lire 71.337 — 71.382 Java, fl. 6.904 7.094 6.906 Norway, kr. .. 15.8*29 16.179 15.832 Noumea, fr. .. 140.25 — 140.29 Papeete, fr. .. Sweden, kr. .'. 140.40 — 140.44 15.443 15.798 15.446 Switzerland, fr. 16.569 16.944 16.571 N.Z. pence to— Chefoo, dol. .. Nominal 18 53-64 Hongkong, dol 18 53-64 18 27-64 India, rupee . Ceylon, rupee 22% 22 3-16 22 3-16 \W, .Tapan, yen Manila, peso 17% Nominal Shanghai, dot Singapore, dol35 6-64 STominal 34% 35 5-64 The cost in New Zealand currency ot the Dound sterling, and of the principal overseas units, on the latest quotations, is as follows:— Present Price Par s d 8 d London, pound Australia, pound Fiji, pound . Nflw York, dollar .. 25 .. 19 .. '22 5 0.00 11.88 5.66 3.32 20 0.00 *20 0.00 20 0.00 4 1.31 4 1.31 0 1.34 .0 11.74 1 1.22 •2 -n.58 Montreal, dollar .. 5 Paris, franc .. , 0 Berlin, reichsmark .. 2 2.68 1.67 1.25 Copenhagen, krone .. 1 Yokohama yen .. 1 1.39 5.50