AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXV, Issue 23215, 8 December 1938, Page 11

AUSTRALIAN EXCHANGES

TENDENCY TO DRIFT ,DEMAND FOR MORTS DOCK (Received December 7, 8.30 p.m.) SYDNEY, Dec. 7 The Sydney Stock Exchange was steady and quiet to-day. The inquiry for Morts Dock shares was maintained, and tho price has risen lid. in ' two days. Sales included:— £ 3 (I Bank of New South "Wales 20 10 0 Ditto 30 o 0 Commercial Banking, Sydney 20 5 0 Union Bank . . 8 32 0 Aust. General Insurance . . 017 0 Goldsbrough-Mort .. .. 18 0 Adelaide Steam .. .11l 0 Howard Smith .. .. 0 38 o Tooheys Brewery .. 3 10 0 Tooths .. .. .. 2 13 G Ditto .. . . .. a i;t ;? Associated Newspapers .. l l (i Ditto (prcf.) .. .. 13 0 Australian Glass .. .. 5 2 0 British Tobacco .. .. 2 ' 8 0 Claude Neon .. .. .. 1 12 0 Iloifry Jones .. .. 2 s a Masonite Corporation .. 0 IS 0 Morts Dock .. .. 0 13 2 Ditto (N.Z. delivery) .. ul3 2 Nowbold Brick .. .. 10 0 Sydney Ferries .. .. 0 0 3 Woolworths (Sydney) .. 10 0 Mount Morgan .. .. 0 9 0 I? a want? Tin .. .. 0 7 0 Placer Development .. 3 35 0 Oil Search .. .. .. 0 0 < 3 Commonwealth Bonds.—per cent, 3954, £100; 4 per cent, 1941, £IOO 15s; 1050, £lO2 7s (id; 1051-57, £lOl 15s; 1051-50. £lOl 2s Gd; 1951-01, £lO2 10s. MELBOURNE EXCHANGE Ou the Melbourne market Australian. Glass were firmer, but other market leaders drifted with a light turnover. Business included: — £ s d Commercial Bank Australia. 0 15 10 Nat. Bank A'asia (£5 paid) G 10 0 Goldshrongh-Mort .. . . ISO Australian Glass .. .. 5 2 0 Broken Hill Pty 2 15 0 Cox Brother.'; .. . . Oil f> Dunlop-Prrdriau .. .. 1 o ;$ G. J. Coles 3 10 0 Herald and Times .. .. 2 17 G Imperial Chemicals (pref.) . 1 211 Broken Hill South .. .. 18 3 Emperor .. .. .. 0 0 0 Loloma .. .. " .. 12 3 Mount Lyell .. .. 1 8 G North Broken Hill .. .. 2 7 9 FOREIGN EXCHANGES DOLLAR AND THE FRANC British Wireless RUGBY, Dec. 0 The following ratios on foreign exchanges are current, compared with the cabled quotations yesterday and par:— Dec. G Dec. 5 Par Montreal, dol. .. 4.73% 4.73% 4.860 New York, dol. 4.00% 4.09% 4.80 Paris, fr. .. 177% 177% 170.00 Brussels, helga.. 27.00 27.8!)% 35.00 Geneva, fr. . . 20.74% 20.77 25.22 Amsterdam, gr. S.G2/i 8.03% 12.10 Milan, rire . . S'.) 3 / ln 80% 92.00 Berlin, r.m. .. 11.71 11.71 20.13 Stockholm, kr... 10.1 l 19.41 38.159 Copenhagen, kr. 22.40 22.40 18.150 Oslo, kr. .. 10.90 10.00 18.150 Prague, kr. . . 137% 137% 104.25 Helsingfors, mark 220% 220% 103.23 Madrid, pes. t + 25.221 Lisbon, escu. .. 310% 110% 110 Athens, dr. . . 517% 547% 375.00 Bucharest, lei... «.">r> Cio.V 813.0 Riode Janeiro, m. 3% 6 d 3% 8 d 5.89! Xl Buenos Aires, pes. 20.01 20.01 11.45 Montevideo, dol. 18% d 18% d 51d Bombay, rupee.. 17 59-6 id 17 59-64 d IBd Shanghai, d 01... B%d B%d Hongkong, dol. Isd 15d Yokohama, yen lid lid 24.55 d Batavia, gr. .. 8.00% 8.01% 12.10 Belgrade, din... 200 209 270.31 Warsaw, zlqty.. 25.55 25.55 43.38 tNominal. 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:— Selling: ' United States Canada T.T. .. 3.73%. 3.70% On demand .. 3.73%« t 3.70% Buying; On demand .. 3.78% 3.51% Following are the latest rates for purchases and sales of foreign exchange j quoted by the Bank of New South Wales,. Auckland. Ihey are subject to alteration without notice: — To £1 N.Z. T.T. On Demand

1 Currency Selling Buying Selling U.S.A., dol. .. 3.7394 3.7935 3.7401 Canada, dol. .. 3.7015 3.8304 3.7025 Belgium, belga 22.000 22.075 22.005 Czeeho'vakia, cr. 307.05 Denmark, kr. . 17.080 18.278 17.088 Finland, Fin, ms. 170.00 180.55 170.30 France, fr. ~ 139.70 Germany, r.m. . 9.202 Greece, drachmas 418.08 Holland, fl. .. 7.790 8.091 7.798 Italy, lire .. 70.78 Java, fi. . . 1/.702 7.002 0.764 Norway, kr. ~ 15.704 15.707 15.707 Noumea, fr. .. 130.20 Papeete, fr. .. 136.50 Sweden, kr. .. ' 15.319 35.881 15.321 Switzerland, fr. 10.391 10.901 10.393 N.Z. pence to — Chefoo, dol. . . Nominal

Hongkong, dol. 19 3-32 18 13-32 10 3-32 India, rupee .. 22% 22 3-32 22% Ceylon, rupee . 22% 22 3-32 22% Japan, yen .. 17% Manila, peso . Nominal Shanghai, dol. Nominal Singapore, dol. 35 10-64 3-1 20-04 35 10-04 The cost in New Zealand currency of the pound sterling,, and of the principal overseas units, on the latest quotations, is as follows: —

Present Price Par s d s H London, ponnd .. 25 0.00 20 0.00 Australia, pound .. 19 11.88 20 0.00 Fiji, pound . .. 22 5.00 20 0.00 New York, dollar .. 5 3.02 4 1.31 Montreal, dollar .. 5 3.30 4 1.31 Paris, franc . .. 0 I.OS 0 1.34 Berlin, rcichsmark .. 2 1.02 • 0 11.74 Copenhagen, krone .. 1 1.39 1 1.22 Yokohama, yen .. 1 5.00 2 0.08 CUSTOMS EXCHANGE RATES Filially declared rates of exchange ruling at the date of departure of vessels named are shown in the following table:— Limerick, Canada, dollars .. .. 4.70 Limerick, America, dollars .. .. 4.70 Aorangi, Canada, dollars .. .. 4.70 Aorangi, America, dollars .. .. 4.74 Port Saint John, Canada, dollars .. 4.70 Port Saint John, America, dollars .. 4.74 Tasman, Singapore, dollar .. 2s 3%d Tasman, Netherlands Indies, gulden .. B.s<> , "VVaipon, .Rotterdam, florins .. .. 8.74 GOLD AND SILVER QUOTATIONS IN LONDON LONDON, Dec. 0 Fine gold is quoted to-day at £7 8s Id an 0r.., compared with £7 8s yjd yesterday. Siivcr is quoted at 20Jd an oz. spot, and ID 7-1 fid forward, compared with | 213tl and 20Jd yesterday. The quotation for silver at per fine oz is 21 1146 d, compared with 21 9-16 d yesterday. CALL AND DIVIDEND LIST Dividends— Due Loloma —Is a share .. .. To-day North Broken Hill—Od a share To-day Kawang Concessions —Od (stg.) a share . . . .. To-day Moonlight Goldfields—7'/ 2 p.c. To-morrow Bulolo —int., 1.50 dol. (Canadian), less tax .. .. To-morrow Placer—int., 00 cents .(Canadian), less tax To-morrow N.Z. Breweries—int., 4 p.c. .. Dec. 10 Bank N.Z- —int., ord., Is a share; D mort., 3% p.c. .. Dec. 10 Gordon and Gotch—half-yearly, G p.c.; bonus, 1 p.c.; pref., I p.c. . .. .. Doc. 13 Broken Hill South—(ld a share Dec. ir> Tatters field—s p.c. p.a. . .. Dec. 15 P. and O. Def.—final, 2'/j p.c.; bonus, 3 p.c. . .. .. Dec. 15 New River—ld a share . .. Dec. 15 Dominion Breweries—int., 11 p.c. p.a Dec. 10 Mt. Lycll—final, Is a share .. Dec. 10 Devonport Ferry—int., 5 p.c. p.a. Dec. 20 McKenzies —int., 7 p.c. .. ... Dec. 20 Sulphide Corpn.—pref., Is sterling a share . .. .. Dec. 22 Morris Hedstroni—int., 3 p.c. .. Dec. 31 Nat. Bank N.Z. —int., 'J'/ 3 p.c., less tax . . .. .. Jan. \ Komata Reefs—int., 3d a share Jan. 0 Woolworths Props, (pref.)—halfyear, 0 p.c. p.a. on amt. raid up Jan. 15 Call>— Dominion Breweries—near, 2nd, 6s * share Dec. 14