AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXVI, Issue 23428, 18 August 1939, Page 5

AUSTRALIAN EXCHANGES

MARKETS STEADY LESS INTEREST IN MINING (Received August 17, 7.40 p.m.) SYDNEY, Aur. 17 Levels on the Stock Exchange were generally steady, but there was a lack of interest' in mines and Barrier shares. Sales included:— £ s d Bank New South Wales .. 28 0 0 Commercial Banking, Sydney 18 (5 0 Commer. Bk. Aus. (ex div.) 014 8 . Queensland Nat. Bk. (ex div.) 4 12 0 Australian Gas, A .. . . 7 2 6 Huddart Parker .. .. 2 1G 0 Felt and Textiles .. .. 1 10 3 Tooheys 18 6 A.C.I. i 10 0 Associated News .. .. 017 10V 3 Ditto . . . . . . 0 17 30 Ditto (pref.) .. ~ 10 4 Anthony Hordorn .. .. 013 6 British Tobacco .. .. 2 5 0 Ditto 2 5 6 Broken Hill Pty. .. .. 3 19 Ditto (N.Z. delivery) .. 3 16 Colonial Sugar .. .. 44 10 0 Ditto .. .. .. 44 15 0 Cash Orders .. .. 0 10 0 David. Jontvs .. .. 1 14 9 Dunlop-Perdriau .. .. 018 4% Electrolytic Zinc .. .. 2 110 Ditto (pref.) .. .. 2 13 0 G. J. Coles .. .. 3 11 0 Millnquin Sugar .. .. 2 0 3 Newbold Brick .. .. 19 0 Sargents .. .. .. 17 7 W. Adams .. .. .. 0 lf> IV 3 Woolworths (Sydney) .. 13 7 1 / a Mount Lyell .. .. 15 0 Broken Hill South.. .. 15 7 North Broken Hill.. .. 2 5 9 Placor Development ;. 3 10 0 Emperor 0 0 11 Loloma .. .. .. 15 4 Commonwealth Bonds. —3% per cent. 1951, £9S 8s Od; 4 per cent. 1041, £lOl 2s Gd; 1950, £lOl 8s Od; 1001, £lOl 18s Od. MELBOURNE EXCHANGE Sales on the Melbourne Stock Exchange included':— .C s d Nat. Bank A'asia (£10).. 12 10 0 A.C.I. .. .. l in l Cox Bros . . .. ~ 0 110 Dunlop-Perdriau .. .. o is 7 G. ,T. Coles .. .. 3 11 « Gordon and Gotch .. .. 2 12 0 Nestles (prof.) .. . . 113 6 Emperor .. . . 0 9 11 Loloma .. .. .. 15 4 Mount Lyell .. .. 16 0 NEW YORK TURNOVER AN EASING IN BUSINESS NEW YORK, Aug. 16 Turnover on the New York Stock Exchange to-day was 640,000 shares, against 660,000 on tho previous day.

FOREIGN EXCHANGES t LONDON, Aug. 16 On the foreign exchange market today the following quotations ruled:— New York, 4.68 i dollars: Pnris, 1763 francs; Batavia, 8.72 guilders. All were the same as yesterday. 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 3.72Vi0 3.72% On demand 3.72 s /,. 3.72% Buying: On demand .. 3.777. 3.78% Following are the latest rates for,purchases and sales o? foreign exchange quoted by the- Bank of New South Wales, Auckland. They are subject to alteration without notice:— T.T. On Demand Selling Buying Selling London. £N.Z. to £IOO sterling .. 125 123.18.9 124.19.6 Australia, £A. to £N.Z. ■ _ 100 100 100.10 IQO Fiji, £F. to £N.Z. 100 . . 88.12.6 90 88,12.6 South Africa. £N.Z. to £S.A. 100 . 124.17 122.17 124.17 To £1 N.Z. Currency— U.S.A., dol. . . 3.7310 . 3.7703 3.7320 Canada, dol. .. 3.7318 3.7805 3.7328 Belgium, b'elga . 21.952 22.337 21.907 Denmark, kr. 17.830 18.200 17.832 Finland Fin. ms. 179.08 185.28 170.18 Franco, fr. .. 140.16 144.21 140.48 Germany, r.m. . 9.266 Greece, drachmas 420.20 Holland, fl. .. 6.032 7.122 6.034 Italy, lire .. 70.04 Java, fl. .. 6.919 7.109 6.921 Norway, kr. .. 15.530 16.189 15.842 Noumea, fr. .. 138.71 . 140.06 138.75 Papeete., fr. .. 138.86 146.36 138.90 Sweden, kr. .. 15.43S 15.703 15.441 Switzerland, fr. 16.501 16.871 16.504 N.Z. pence to—

Hongkong, dol. 18V 3 18 3-32 IS/ a India, rupee .. -0% Ceylon, rupeo . 22% Japan, yen .. 17 37-64 Manila, peso. 32 7-32 31 27-«4 32 7-32 Shanghai, dol.. Nominal Singapore, dol 35 21-64 34% 35 21*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 d London, pound .. 25 0.00 20 0.00 Australia, pound .. 10 11.88 20 0.00 Fiji, pound . .. 22 5.66 20 0.00 New York, dollar .. 5 4.06 4 1.31 Montreal, dollar .. 5 4.08 4 1.31 Paris, franc . .. 0 1.70 0 1.34 Berlin, reichsmark .. 2 1.73 0 11.74 Copenhagen, krono .. 1 1.30 1 1.22 Yokohama yen ~ 1 5.50 2 0.58 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 .. 4.60 City of Delhi, America, dollars.. .. 4.68 GOLD AND SILVER QUOTATIONS IN LONDON LONDON, Aug. 16 Fine gold is quoted to-day at £7 8s 7d an oz.,,same as yesterday. The quotation for silver at per fine 07,. is 18 7-16 d, compared with 18 11-16 d yesterday. PRICES OF METALS FIRM LONDON MARKET LONDON, Aug. 16 Following are to-day's quotations on the London metal market, compared with those of yesterday:— Aug. 16 Aug. 15 , Per ton Per ton £ " s d £ s d Copper, stan., spot <l4 6 IOVi 44 8 IV 3 Copper, stan., 3 , < months .. 44 8 l'A 44 • 0 4% Copper, electro. .. 50 5 0 50 5 0 'to to 50 15 0 50 15 0 Copper, elec., wire bars . ~ 50 35 0 50 15 0 Lead, soft, spot .. 15 15 7 1 / a ls 15 7% Lead, soft, forward 15 13 VA 15 11 10% Spoiler, spot .. 14 0 4% 14 11 0 Spelter, forward .. 14 13 1% 14 13 lVa Tin, stan., spot . . 229 18 0 220 18 0 Tin. stan., y mos. 225 7 0 225 2 0 CALL AND DIVIDEND LIST Dividends — One Renown Collieries —prof., 7 p.c.j ord,, lOd a share .. .. Aug. 21 Quill Morris (1036) int., 5 p.c. n.a . • ■ • Aug. 22 Radio (103(1). Ltd.—lb a sha.ro Aug. 25 Queensland Brewery—final, ord., 3 1 / a p.c.i pref.. 2% P.O. . . Aug. 25 Dominion Investment—final, A. B. 0, 5 p.c. P.a.i B, O <3r<J Issue). 4 p.c. p.a. .. • • Aug. Sllverton Tramways—final, 1b a share . .. •• , •• 80 Bank N S.W. —Int., quarterly, fls a share (Australian currency) Aug. 81 Emperor Mines —fourth, Gd a Loloma-Mxth, lV a share Sept 8 pref., 3 Electro. Zinc— pref. and ord., JB Broken Hill South-fid a share Sept. 15 D. and "W. Chandler —int., pref., 6 p.o. p.». .. • • «• Bopt * 15