AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXVI, Issue 23355, 25 May 1939, Page 7

AUSTRALIAN EXCHANGES

STEADY TONE RULES INTEREST IN RETAIL STORES (Received May 24, 6 p.m.) SYDNEY, May 24 A generally steady tone was retained on the share market to-day and the scope of business widened. Interest was shown in' retail stores. Sales included:— £ 8 (1 Hank New South Wales . . 28 15 0 gueenslnnd National Bank 414 0 nion Bank . .. .. 7 11 0 Wilcox Mofflin .. . . 0 4 7 Howard Smith .. .. 10 3 Tooth's Breweries .. .. '2 13 3 ' Ditto 2 13 0 Toohey's .. .. 10 3 A.C.I. 1 16 3 Anthony Hordern (ex div.) 014 3 Ditto (prcf.) . . .. 10 0 Aust. Paper Mfrs. (pref.) .. 14 9 Broken Hill pty 3 4 0 Ditto >. . . . . . 3 4 0 Burns'Philp . .. ' 211 0 Cash Orders 0 10 0 Colonial Sugar .. .. 47 7 0 Claude Neon . .. .. 1 o 0 Dunlop-Perdriau .. .. 10 1 Electrolytic; Zinc .. ..280 Ditto . . , . o a () Ditto (pref.) .. 5 11 0 Ditto (N.Z.) delivery .. 210 o Fairymead Sugar .. .. 2 0 0 Farmors 1 10 0 General Industries .. 0 10 0 Hume Plpo 0 10 3 1.C.1, (prof.) 12 0 P (N.Z. delivery) . 015 1% Milliquin Sugar .. .. 2 0 0 Paul and Gray .. .. 3. 0 G Sargents ~ , # 19 3 Standard Cement .. .. 1 2 G . Adams . . . . 0 15 4 1 /. M^°W 1S (Sy(L) •• •• 11 11 Mount Morgan .. .. o 10 0 Mount Lyell . .. .. 1 (5 o Zinc Corporation .. .. 4id a Korth Broken Hill .. .. 2 5 0 Broken Hill South . l 7 o Kuala Kampar .. , 0 1° 0 Arahura Gold .. .. l s n Kanieri 1 13 0 Emperor .. .. . 0 0 0 Taranaki Oil .. .! o 4 o Commonwealth Bonds.—3 3 ,< per cent, 1051 f/i 8 . <icl " 3 % I'er cent, 1018, £OO 18s nd; 1003, £lO2 8r Od; 1057, £lOl 10s. MELBOURNE EXCHANGE Sales on the Melbourne Stock Exchange included:— £ R d E., S. and A. Bank . .. 4 14 0 Nat. Bank A'asia (£5) .. 0 0 0 Broken Hill Pty. . . .. 3 4 0 Ditto (con.) . . 2 17 9 Electrolytic Zinc .. .. 2 8 3 Ditto (pref.) .. .. 2 10 0 Herald and Times .. .. 3 2 0 Emperor 0 0 5 Loloma .. ~ .. 12 7 LONDON AND NEW YORK WALL STREET BUSINESS LONDON, May 23 The markets are quiot with the undertone more confident. Quotations are mostly harder. The turnover on the New York Stock Exchange totalled 420,000 shftres. FOREIGN EXCHANGES FLUCTUATIONS IN LONDON British Wireless LONDON, May 23 The following rates on foreign exchanges are current, compared with the cabied quotations on May 22 and par:— May 23 May 22 Par Montreal, dol. . . 4.09% 4.09% 4.806 * New York, dol. 4.08'/ 4 4.08 1 /, 4.80 Paris, fr. .. 170% T70% 179.00 Brussels, belga. . 27.50V1 27.50 35.00 Geneva, fr. .. 20.77% 20.70% 25.22 Amsterdam, gr. 8.71% 8.72% 12.10 Milan, lire .. 89 89 92 00 Berlin, r.m. .. 11.06% 11.00% 20.43 Stockholm, kr... 19.41% 19.41% 18.159 Copenhagen, kr. 22.40 22.10 18.159 Oslo, kr. .. 19.90 -19.90 18.159 Prague, kr. . . t + 104.25 Helsingfors, mark 220% 220% 103.23 Madrid, pes. .. t + 25.221 Lisbon, escu. .. 110% 110% 110 Athens, dr. .. 547% 517% 375.00 Bucharest, lei... 600 000 813.6 Rio de Janeiro, m. 2 a %,d 2%d 5.809 d Buenos Aires, pes. 20.22% 20.23 11.45 Montevideo, dol. 18d lSd 51d Bombay, rupee.. 17% d 17% d 18d Shanghai, d 01... t t Hongkong, dol. 14"/ 1# d 14 is / ie d Yokohama, yen 14d 14d 24.58 d Batavia, gr. . . 8.70% 8.70% 12.10 Belgrade, din... 210 210 270.31 Warsaw, zloty.. 21.87 24.87 43.38 tNoininal. NEW ZEALAND QUOTATIONS The Associated Banks (other than the Bank of 'New South Wales) quoted tho following dollar rates yesterday, on a New Zealand currency basis, subject to alteration without notice: — Selling: United States Canada T.T 3.72%# 3.73%, On demand .. 3.72% s 3.73'%,, Buying: On demand .. 3.77"/,, 3.79%. 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: — To £1 N.Z. T.T. On Demand Currency Selling Buying SellingU.S.A., dol. .. 3.7310 3.7803 3.7329 Canada, dol. .. 3.7457 3.7041 3.7407 Belgium, bolga. 21.007 22.202 21.912 Denmark, kr. . 17.830 18.200 17.832 Finland, Fin. ms. 178.99 185.19 179.09 France, fr. . . 140.49 Germany, r.m. . 9.207 Greece, drachmas 425.19 Holland, fl. .. 0.928 - 7.118 0.030 Italy, lire .. 70.94 Java, fl. .. 0.003 7.093 0 905 Norway, kr. .. 15.838 10.188 15 841 Noumea, fr. 138.74 Papeete, fr. .. 138.89 138.93 Sweden, kr. . . 15.450 15.805 15.453 Switzerland, fr. 10.545 10.915 10.548 South Africa, £N\Z. to £S.A. 100 . . 124.17 122.17 124.17 N.Z. pence to— Hongkong, dol. 18 49-01 18 23-04 18 40-01 India, rupee . . 22 27-64 22 7-04 22 27-04 Ceylon, rupee . 22 27-04 22 7-04 22 27-04 Japan, yen .. 17 37-64 Manila, peso . 3'2% 3129-04 32'/i Shanghai, dol.. Nominal Singapore, dol. ■35 34 27-04 35 The cost in New Zealand currency of the pound sterling, and of the principal overseas units, on the latest quotations, is as follows: — Present Prico Par s d s d London, pound .. 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 4.00 4 1.31 Montreal, dollar .. 5 3.24 4 1.31 Paris, franc . .. 0 1.70 0 1.34 Berlin, reichsmark .. 2 1.71 0 11.<4 Copenhagen, krone.. 1 1.39 1 1.22 Yokohama, yen ~ 1 5.50 2 O.oS CUSTOMS EXCHANGE RATES Finally declared rates of exchange ruling at the date of departure, of vessels named are shown in tho following table:— Nnumburg, America, dollars .. .. 4.68 Muko Marti, Japan, yen .. .. lid Aorangi. Canada, dollars .. .. 4./0 Aorangi. America, dollars .. .. 4.08 City of Glasgow, Canada, dollars .. 4.70 City of Glasgow, AmeriOa, dollars .. 4.08 CALL AND DIVIDEND LIST Dividends — * Due Rank N.B/W.—quarterly, 6s a share To-day Broken Hill Pty. half-yearly. Is 3d a shnre; con., lOd a Bhare .. ■ . May 31 E.. S. and A. Bank p.c less 3s 7d in pound income tax . . May 31 Emperor Mines —Od a sharo .. ?May 31 Fnrmcrs' Trading—final, A and B pref., 5 3-5 p.c. p.a.; C pref 5 p.c. p.a. . . . ■ May 31 Imperial Chemicals ord. stock, final 5 p.c. sterling . June I Henry Jonos—int., Od a share . Juno 1 Tariniramutu Timber —int., 3 p.c. June 1 Loloma —Is a share .. June 8 Kauri Timber—int., 2% p.c. . . June 8 Btilolo int., 1 dollar. 50 cents (Canadian) a share . Juno 10 Placer Development —OO centß (Canadian) a sharo . .. June 10 Broken Hill South int., Od a Rharo , .. • • • • rj uno ]£ National Timber—a% p.c. .. Juno 15 Bank N.Z. final, ord., la a share! D mort., 3% p.c. .. June 17 Mt. Lyell—int., Od a share .. June 19 Wilson's Cement final. 4V,d a share . 'une 21 Norlli Broken Hill quarterly, Od a share .. 'line 28 Morris Hedstrom —final. 3 p.c. June 30 National Mortcrage—int., 6 p.c. p.a sterling .. July I Calls — Toohevs—new. 8s a share .. June 21 Broken Hill Pty.—new, final, 5s J a share July SI