AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXVI, Issue 23413, 1 August 1939, Page 5

AUSTRALIAN EXCHANGES

A SMALL TUBNOtEB BROKEN HILLS FIRMER (Received July ai, 7.30 p.m.) SYDNEY; July 31 1 urnovor on the Stock Exchange was small. l3rokon Hill Proprietary shares rose, but most other industrials were steady. Sales included:—

FOREIGN EXCHANGES

NEW ZEALAND QUOTATIONS The Associated Banks (other than the Bank of New South Wales) quoted tlio following dollar rates yesterday, on a New Zealand currency basis, subject to alteration without notice: — Sellintr: United States Canada T.T H.7'2% .'5.72 On demand .. 3.72'/ Buying: On demand .. '3.77 i y,« 3.'7S 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.G0 City of Delhi, America, dollars . .. 4 .<>B Erlangen, America, dollars .. .. 4.US Kaituna, America, dollars .. .. 4.08 Kaituna, Canada, dollars .. .. 4.09 Monterey, America, dollars .. .. "4.08 Monterey, Canada, dollars .. .. 4.G!)

OUTPUT OF LAMBS AUCKLAND TOTAL DECLINE With the end of tlie lambing season yesterday, lambs now purchased for export will be bought 011 the basis of the mutton schedule. Unfavourable conditions in the Auckland Province are expected to have resulted in a smaller output than usual, but this is offset by higher returns from other quarters. It is anticipated that killings for export in the season ending September will reach the record iigure of 9,750,000 lambs for the whole of New, Zealand. The unusually dry summer resulted in killings being unusually heavy in the early part of the season. STOCK SALES ? DEMAND FOR JERSEYS [from our own couiikspoxdent] WHANGAREI, Monday Walter Wakclin reports having held a successful clearing sale, on account of Mr. .G. F. L. Cubitt, at Waiofira. The herd of cows, which cninn forward in good condition, sold freely to a full bench of buyers. Best quality cows, close to calving, rcnlisvd from £lO to £11; backward cows, £0 to £t»; yearling Jersey heifers, £.""> Is; pedigree Jersey bull, six years old. lOVigns; springing Jersey heifers, £7 I'-'s (id. Springing cows, on account of other clients, sold from £'.2 10s to £7 10s; small Jersey heifers, £2 10s. A stack .of loose hay realised £l7. Implements and sundries also sold well.

CALL AND DIVIDEND LIST Dividends— Due Auckland Gas—int., OV, p.c. .. To-day Wellington Gas—int., 4 p.c. .. To-day N.Z. Insurance —finnl, Is n share Aug. 8 Woohvorlhs (Syd.)—half-yearly, JO p.c. pref., fi p.c.; 7 p.c. pref., fV/a p.c. .. .. Aug. 15 Farmers' Fertiliser —ord., 0 p.c. •p.a.; pref., f>y 3 p.c. p.a. (to May :*l) •• •• Aug. lfl Mt. Morgan—pref.. int., S p.c. p.ft. . .. .. .. Aug. lfl Com. Hank Atis.—final, prcf., 2 p.c.j ord., n 3 A p.c Aug. l l7 Dominion Investment —final, A B, C, 5 p.c. p.a. j B, C (3rd issue), 4 p.c. p.a. .. . . Aug. 28 Bank N.S.W.—int., quarterly. Us a share (Australian currency) Auk. HI Emperor Mines fourth, (Id a filiuro .. .. .. Aug. 81 Electro. Zinc—pref. and ord., final, 1) p.c. .. .. Sept. ir> Broken Hill South—Od a Bharo Sept. 15 Calls— Farmers' Trading—now, final, 2s a share .. .. .. Aug. E

Bank New South Wales . £ 'J 8 8 8 d 0 • Comnirrcial Bunking Svdnev IS IS 0 Queensland National Bank 4 (i Union Bank . ■j u Australian Gas A (old) r4 0 Adelaide Steam 1 1 1 t) Felt and Textiles 1 10 7 y 2 Tooth's Breweries O J'J 3 3 Toohcy's T <1 Aust. Iron and Steel (pref.j i 8 1/3 A.C.I. . i 17 0 Anthony Hordeni 0 j :i Ditto 0 13 (i Associated News (prof.) .. 1 a 1 ;i 7'/'a Broken Hill Pty. 0 3 Ditto a 3 British Tobacco It Burns-Philp r> 10 0 Cash Orders (pref.) .. 1 (5 Colonial SuKar •ir> (i Electrolytic Zinc, 0 0 l.C.I. (pref.), (ex div.) .. I '_> 0 Fanner and Co. 8 0 Marcus Clark - 0 3 10 Moris Dock . 0 15 l'/a W. Adams .. 0 15 7 'A Woolworths (Sydney) 1 0 Mount- Morgan 0 0 Mount L.vell . 1 r> 7'/a Broken Hill South 0 0 North Broken Hill .. 5 0 Rawang Tin . 0 1 A rah urn .. v 1 8 0 Emperor 0 10 0 Austral N.Z. Gold 1 1 0 Commonwealth Bonds.—3% per cent. 1054. £08 ISs Od; 1 per cent, 10H, £100 10s 3d. MELBOURNE EXCHANGE Sales on the Melbourne Stock Exchange included:— Nat. Bank A'asia (£5) £ s d rs 5 0 Union Bank . • •7 5 0 Carlton Brewery 3 0 0 A.C.I. 1 17 7 l / 3 0 Felt and Textiles .. 1 10 Du nlop-Perdriau 0 10 0 Herald and Times .. ■ 3 o (! Broken Hill South 1 G 0 Emperor 0 0 11 Loloma 1 4 9

T.T. On Demand Selling Buying Selling London, XX.Z. to £100 sterling . . 125 123.IS.9 124.19.G Australia, £A. to iN.Z. lOO . .. TOO Fiji. '£F to X'.VZ. 100J.0 100 lOO . . . 8S.12.6 00 8S.12.6 South Africa, £N.Z. to X'S.A. 100. .. 121.17 122.17 12-1.17 To £i X.Z. Currency— U.S.A.. <!ol. .. 3.7311 3.7703 3.7321 Canada, dol. 3.7314 3.7801 3.7321 Belgium, bolpa . 21.H50 Denmark, kr. . 17.830 22.335 21.055 18.200 17.832 Finland, Fin. ms. 17!).0.5 185.25 170.15 France, fr. .. 110.17 111 .22 110.10 Germany, r.m. . 9.205 9.207 Greece, drachmas 420.20 420.35 Holland, fl. .. 6.007 7.1 S7 G.000 Italy, lire .. 70.0") .—. 70.98 Java, fl. .. 6.070 7.100 0.078 Norway, kr. .. 15.8:10 10.189 15.812 Noumea, fr. .. 138.72 1 -10.07 138.70 Papeete, fr. .. 1 :tS.S7 l-HJ.:i7 138.01 Sweden, kr. .. 15.4 13 15.708 15.4 10 Switzerland, fr. 10.522 10.802 10.525 X.Z. pence to — Hongkong, dol. lS'/ 3 18 3-32 IS 1 /, India, rupee . . 22 15-32 — 22 15-32 Ceylon, rupee . !5-32 — 22 15-32 Japan, yen .. 17 37-01 — 17 37-01 Manila, peso . 32T-32 31 27-04 32 7-32 Shanghai, dol.. Nominal Singapore, dol. 05 0-32 3-1 45-01 35 9-32 The cost in New Zealand currency of the pound sterling, and of the principal overseas units, on the 1 latest quotations, is as follows:— Present Prico Par s d S (I London, pound .. 25 0.00 20 0.00 Australia, pound .. 10 11.88 20 0.00 Fiji, pound . .. 22 6.00 20 0.00 New York, dollar .. 5 •1.07 4 1.31 Montreal, dollar .. 5 4.1>7 . 1 1.31 Paris, franc . .. O 1.70 O 1.31 Berlin, reichsmark .. - 2 1.73 0 11.74 Copenhagen, krone .. 1 1.30 1 1.22 Yokohama, yen .. 1 5.50 2 0.58