EASIER TENDENCY

Dominion, Volume 32, Issue 145, 15 March 1939, Page 12

EASIER TENDENCY

Australian Share Markets INDUSTRIALS FAIRLY FIRM By Telegraph.—Press Assn.—Copyright. (Received March 14, 9.20 p.m.) SYDNEY, March 14. Industrial shares on the Sydney Stock Exchange were fairly firm today. Base metals eased slightly while there was some decline among stocks that showed recent advances. Sales included :—

Morning sales included : Commonwealth bonds, 33 per cent... 1942, £lOO 15/-; 3 7-8 per cent., 1954, £lOO/18/9; 4 per cent., 1950. £lOl/15/-; 1955. £lO3 2/6 ; 1959. £lO3/17/6 ; Commercial Banking Co. of Sydney (New Zealand delivery). £2O/8/-; Tooth's Brewery 1 , 53/9; Australian Gas A. £7/2/-; Anthony Hordern, 14/8; Broken Hill Proprietary. 57/6; Colonial Sugar. £46/7/6; Drug Houses. 22/6; G. J. Coles. 76/-: Meggitt’s. 28/6. MELBOURNE. March 14. Sales on the Melbourne Stock Exchange today included :—

FOREIGN EXCHANGES Position Of Sterling By Telegraph.—-Press Assn.—Copyright. LONDON, March 13. The following mean closing rates on foreign exchanges were current today compared with those ruling on March 11:— Par. Mar. 11. Mar. 13.

LONDON, .March 13. Gold.—£7/8/24 an ounce, fine. Silver. —Spot, 20 9-16(1. au ounce; forward, 20(1. On New Zealand Currency Basis The Bank of New South Wales, Wellington, quoted the following rates for their purchases and sales of foreign exchange yesterday:— New Zealand Buying. Selling. on

The Associated Banks (other than the Hank of New South Wales) quoted the following dollar rates yesterday on a New Zealand currency basis. They are -uliject to alteration without notice

£ s. d. Bank of New ►South Wales . . 29 6 0 Commercial Bunk of Sydney 20 8 0 United Insurance 10 0 Associated News 0 19 9 Burns Philp — 11 6 British Tobacco — 9 0 Tooths 13 9 G. J. Coles o 16 .3 Woolworths Ltd 1 14 Drug Houses of Australia . 1 6 Dunlop Berdriuu 1 •0 11 h armers 1 8 9 David Jones 1 14 6 Lustre Hosiery 1 0 0 General Industries 0 18 6 Morts Dock 0 14 3 Pelt and Textiles 1 11 9 Sargents 1 9 6 W. R. Carpenter J 3 0 Standard Cement 1 1 9 Victoria Nyaiiza 0 11 0 Wilcox Mofflin 0 b 11 Henry Jones 9 6 Colonial Sugar Electrolytic Zine 46 10 0 7 3 .Mount Morgan 0 10 9 Mount Lyell 1 I Li Broken Hill Ppty w 17 6 North Broken Hill — 6 9 Rawang Tin 0 — A rah ura Gold 1 8 6 Emperor 0 8 6 Kanieri 1 15 0

£ 6. d. Dunlop Perdriau .. 1 1 0 National Bank. £5 paid .. (5 10 6 Mount Lyell 1 7 3 Broken Hill Sou th 1 8 0 Wool worths? Ltd ......... 1 9 0 Hume Pipe, pref 1 6 0 Argus, pref 0 11 6

N. York, dol. to £ 4.860 4.69} 4.69 3-16 Montreal, dol. to £ 4.806 4.70 4.70 3-16 Paris, Cranes to £ 124.21 170 57-64 176 59-61 Brussels, bel. to £ 48.611 27.885 27.8.S5 Geneva, fr. to £ 25.225 20.625 20.63 Imst’dam, fl. to £ 12307 8.83} 8.835 Berlin, mks. to £ 23.43 11.695 11.695 C’hagen, knr, to £ IS. 159 22.40 22.40 St'holm, knr. to £ 23.43 19.42 19.42 Oslo, knr. to £ 18.159 19.90 19.90 Hcls’ki, inks, to £ 193.23 226.75 220.-75 Prague, knr. to £ 134.25 137 137.25 Madrid, pes. to £ 25.225 200 200 Lisbon, esc. to £ 100 110} 89 3-16 110} Milan, lire to £ 92 89 3-16 Athens, drac. to £ 375 547.50 547.50 Bucharest, lei to £ 813.00 360 660 Belgrade, din. to £ 276.31 209 209 Rio de J., p. to mil. 4.99 3 1-16 3 1-10 B. Aires, p. to nesa 47.62 20.29 20.29 II. Video, p. to peso 51 181 18} Calcutta, p. to rup. 18 17 31-32 17 31-32 Shanghai, p. to dol. 18 88 S3 II. Kong, p. to dol. — 11 15-16 14 15-10 Y’hama, p. to yen 24.582 14 14 Batavia, fl. to £ 12.107 8.815 8.815

London 1. T.T. 12-1/7/6 125 £ N.Z. to £stg. 100 O.D. 123/18/9 121/19/6 Australia T.T. 100/10/100 £Ato £N.Z. JOO O.D. 100/10/ 100 Fiji T.T. 90 88/12/6 £F to £N.Z. 100 O.D. 90 88/12/6 New York T.T. 3.7S28 3.7395 Doi. to £N.Z. . 0.1 >. 3.7878 3.7405 Montreal T.T. 3.71)22 3 7u22 Doi. to £N.Z. . O.D. 3.8000 ,3.753’2 Belgium T.T. 22.524 22.21-1 Bel. to £N.Z. . O. D. 22.590 22.219 Czechoslovakia T.T. — 108.77 Krs. to £N.Z. . O.D. - 108.79 Denmark T.T. 18.1-10 17.830 Krn. to £N.Z. . O.D. 18.21)0 17.832 Finland T.T. 184.79 178.99 Mks. to £N.Z. . O.D. 185.19 179.09 France T.T. 143.13 140.63 Frs. to £N.Z. . O.D. 144.38 140.65 Germany T.T. — . 9.2S7 Mks. to £N.Z. . O.D. — 9.289 G reece T.T. — 429.20 Drac. to £N.Z. O.D. — 429.35 Holland T.T. 7.177 O.D. 7.217 7.027 FIs. to £N.Z. . 7.029 Italy Lire to £N.Z. . T.T. O.D. - 71.06 71.08 Java T.T. 7.15-1 7.004 FIs. to £N.Z. . O.D. 7.194 7.006 Norway T.T. 16.126 15.S36 Krn. to £N.Z. . O.D. 16.186 15.839 Noumea T.T. 145.63 138.88 Frs. t to £ N.Z. . O.D. 147.13 138.92 Papeete T.T. 145.03 139.03 Frs. to £N.Z. . O.D. 146.53 139.07 T.T. 15.748 15.453 Krn. to £N.Z. . O.D. 15.808 15.456 Switzerland .... T.T. 16.696 16.426 Frs. to £N.Z. . O.D. 16.796 16.429 Hong Kong ..... T.T. 18 27-64 18 51-61 N.Z. d. to Doi. . O.D. 18 25-64 18 51-64 India and Ceylon T.T. 22 17-64 22 35-64 N.Z. d. to Klip. O.D. 22 15-64 22 35-61 T.T. — 17 37-64 N.Z. d. to Yen . O.D. - 17 37-64 Manila T.T. 31 35-64 321 N.Z. d. to Peso . O.D. 3129-61 32j Shanghai T.T. - 11 7-64 N.Z. d. to Doi. . O.D. 11 7-61 Singapore T.T 34 33-64 •>u N.Z. d. to Doi. . O.D 34 27-64

U.S.A dollars. Ciinntllu l> dollars. Selling(Per .fi.N.Z.l. (Per CN.Z.) T.T. 3.72 15-16 3.73} O.D. 3.731 3/71 Buying— O.D. 3.78:1 o.i U2