STOCKS AND SHARES

New Zealand Herald, Volume LXXVI, Issue 23320, 13 April 1939, Page 7

STOCKS AND SHARES

SYDNEY MARKET QUIET T BROKEN HILLS STRONGER (Received April 12, i> p.m.) SYDNEY, April 12 Trading on the Sydney Stock Exchange to-day was quiet. Industrials generally shaded, but all Broken Hill issues showed a recovery. Sales in-

Commonwealth Bonds. —per rent. 1942, £IOO 10s; 4 per cent, 1941, £lOl ir>s: 1042, £102; 1047, £IOO 12s Orl; 10.V1, £lOl 2s Ofi- lor.i-an, jeioi ios ; i»r>i-05, £un 12s (id; JO5l-.*>7, £lO2. LONDON STOCK EXCHANGE BRITISH FUNDS DOWN LONDON. April 11 The London Stock Exchange is weak and is dominated by European developments. Prices are marked down against possible selling, which is small. British funds in general fell to-day half to seven-eighths. FOREIGN EXCHANGES FLUCTUATIONS IN LONDON (Received April 12, 5.47 p.m.) British Wireless LONDON, April 11 The following rates on foreign exchanges are current, compared with tho cabled quotations on April 8 and par: —

NEW ZEALAND QUOTATIONS The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates vesterday, on a New Zealand currency hasis, subject to alteration without notice:— Sjellinpr: United States Canada T.T 3.72% 3.74 V,, On demand .. 3.72/ i 3.71% , Buy ins:: On demand . . 3.77"/ i, 3.S0 l /a Following are the latest rates for purchases and sales of foreign exchange quoted by the Bank of New South Wales, Auckland. They 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: City of Delhi, Canada, dollars .. 4.70 Ropfffeveen, Singapore, dollar . . . ~s«d Netherlands Indies, gulden S.SI Trcgarthen, America, dollars .. .. Tregarthen, Canada, dollars . .. 4.<0 DEBENTURES AND SHARES QUOTATIONS IN LONDON LONDON. April 11 Sales of debentures and shares on the London Stock I'lxehange to-day included tlie following, the prices on March 28 being given for comparison:—•

BUSINESS ON WALL STREET NEW YORK, April 11 On the New York Stock Exchange to-day tlio turnover totalled 1,(360,000 shares. • ' CALL AND DIVIDEND LIST

eluded: — d £ s Hank New South Wales ... •JK l.-> 0 Coiiiiiieroi.il Hank. Australia 1) 15 O Howard Smith <) IS 0 Tooths Breweries - 111 9 0 Toolteys J 0 s 11 Anthony Hordern (i Australian Con. Industries . . 1 JO !) Associated News, (prof.) . . 1 0 - 0 Ditto (ord.) 111 0 Broken Hill Proprietary . . - 15 0 Ditto - 15 9 Ditto (con.) •J 9 ,'i 0 British Tobacco 2 7 Colonial Sugar 4."> V_» (i G David Jones 1 11 Electrolytic Zinc o :i 9 General industries 0 17 3 O Henry Jones o 8 Morts Dock 0 13 10 Standard Cement . . 1 0 9 Victoria Nyanza 0 f) 9 AVoolworths (Sydney) 1 o 0 Mount iLyeil 1 5 0 Broken Hill South 1 4 9 North Broken Hill .. o 1 3 RawanK Tin 0 G 6 Arahura 1 5 0 Kanieri 1 11 6 Emperor 0 7 9 Zinc, Corporation 4 5 0

A pi. 11 A pi. S Par Montreal, dol. .. 4.71 V. 4.70V, 4.800 New York, dol. 4.<>8% 4 4.80 L'aris, fr. 170% 170.00 Brussels, helga.. '17.811 Vi 27.82 35.00 Geneva, fr. —0.87/*a 20.87 05 Amsterdam, gr. 8.82 8.817, 12.10 Milan, lire 8!> 80 02.00 Berlin, r.m. 1 1.07 31.(54'/, 20.4:1 Stockholm, kr... J !».!•> 10.10 1 Hi. 1ft!) Copenhagen, kr. 22.40 22.40 IS.lftO Oslo. kr. 1 0.00 10.00 is.ifto Prague, kr. + + 101.2ft Helsintrfors, mark 220% " 100.23 Madrid, pes. t 2ft .221 Lisbon, esru. . . 11 oy< 110% 1 to Athens, dr. ft 47'/ a >") 1 i ' '2 a 7 ft. 00 Bucharest, lei... 000 000 810.0 Rio de Janeiro, in. :!' :i; d a 1 -j,d ft.sood Buenos Aires, pes. 20.12 J/ , 20.17'/ a 11.45 Montevideo, dol. lSV.d IX'id 51d Bomhay, rupee.. 17",i.d 17 l Vi«d 18d Shanghai, dol... t \ — Hongkong, dol. 11'id 14"/ le d — • Yokohama, yen 1 Id lid 24.ft8d Batavia, gr. 8.80% n.,soy. 12.10 Belgrade, din... 200 * 270.31 Warsaw, zloty.. 24.SI tXominal. 24.81 40.38

To £1 N.Z. T.T. On Demand Currency Selling Buying Selling U.S.A., dol. . . 3.7310 3.7702 3.7320 Canada, dol. . . 3.7550 3.8043 3.7500 Belgium, helga . 22.103 22.518 22.108 Denmark, kr. . 1 7.830 18.200 17.832 Finland, Fin. ms. 178.05 1S5.15 170.05 France, fr. 140.53 — 140.55 Germany, r.m. . 0.2G0 .— 0.271 Greece, drachmas 429.20 — 420.35 Holland, fl. . . 7.01-1 7.204 7.010 Italy, lire 70.0-14 — 70 009 Java, n. 0.001 7.181 0.003 Norway, kr. .. 15.830 10. ISO 15.830 Noumea, fr. .138.78 — 338.82 Papeete, fr. .. 138.03 — 138.07 Sweden, kr. . . 10.438 . 15.703 lo.-l t I Switzerland, fr. 10.023 10.003 10.020 South Africa. X'N.Z. to £S.A. 124 13.9 100 .. 12413.9 12213.9 N.Z. pence to— Chefoo, dol.- . . Nominal 18 35-01 Hongkong. dol. 18 35-01 18 0-01 India, rupee .. 22 -11-04 22 3-04 22 -11-04 Ceylon, rupee . 22 41-01 22 3-04 22 41 -01 Japan, yen .. 17 37-04 — 17 37-04 Manila, peso , Shanghai, dol.. 32% 31 20-04 32 /< Nominal 34 31-32 Singapore, dol. 31 31-32 34 25-04 The cost ill Now Zealand currency of the pound sterling, and of the principal overseas units, on the latest quotations, is as follows:— Par . Present Price s d s , d London, pound 2." 0.00 20 0.00 Australia, pound Fiji, pound . New York, dollar •• 1' 11.88 20 0.00 • • 5.00 4.08 20 0.00 4 1.31 Montreal, dollar 3.58 4 1.31 Paris, franc . < 1.70 0 1.34 Berlin reichsmnrk .. 2 1.70 0 11.74 Copenhagen, krone.. 1 1.30 1 1.22 2 0.58 Yokohama, yen 1 5.50

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Dividend*— Due Hawansr Tin—final, iy 3 d a share, sterling To-day Woolworths (Syd.)—final, 11% p.c April 13 Woolworths (N.Z.) —int., pref.. •1 1 a p.C. April 15 Northern Holler Mills—i p.c. p.a. April 21 Amalgamated Wireless (A'asia) — int., 5 p.c. April 24 T. J. Richards—int., pref. and B ord., 5 p.c. April 25 South British—int., 8'/ a d a share April 27 Drug Houses of Aust. —int., 3 P.c April 29 British Tolmeco'—pref., quarterly, April 20 O'/a P-C. p.a. . Aust. Iron and Steel —cum. pref. int., 7Vi p.c. p.a. for halfyear ended May 1, 1 May 1 (subject statutory reduction) D.I.C. —pref., 5 p.c. p.a. May 1 Imperial Chemicals—ord. stock, June 1 final, 5 p.c. sterling