COMMERCIAL

Evening Star, Issue 22461, 5 October 1936, Page 12

COMMERCIAL

FOREIGN EXCHANGES. (British Official Wireless.) Press Association—By Telegraph—Copyright RUGBY, October 3. ' (Received October 5, at 1.30 p.ra.) The following . are tho mean closing

SYDNEY STOCK EXCHANGE. Press Association—By Telegraph—Copyright SYDNEY, October 5. (Received) October 5, at 12.30 p.m.) To-day is a public holiday in Sydney and the Stock Exchange is closed. MATAKI DIVIDEND. A Wellington Association message states that the Stock Exchange has re : ceived a telegram that the Mataki Company has declared a dividend of Id, payable on October 14. SALES ON ’CHANGE: THIS DAY. Christchurch.—Christchurch City 4i per cent. (1940-49), £103; Commercial Bank of Australia, 18s 4<l; New Zealand Refrigerating (£1 paid), 19s; Timaru Brewery (in liquidation), 2s lOd, 2s 9d (2) ; Broken HiM Proprietary (15s paid), 57s Id (2) ; Broken Hill Proprietary (rights to Wellington alluvials), 2s 4d; Dunlop Rubber, 17s Id; G. J. Coles (cum. diy. and ex rights), 775; National Electric, 14s lOd (odd parcel) ; Maerewhenua, 2-d; Mount Morgan, 14s 3d (2). Unlisted; Apex Ice, 18e. Wellington.—Australian GlasS, 92s 6d, 93s 2d; Broken Hill, 77s fid; Mount Morgan, 14s. Unofficial: Shillings, 17s 9d; R. G. Kane, pref. (10s paid), 10s fid. Auckland (First Call).—Farmers’ Trading, 18s 1(); Broken Hill, 77s 3d; Placer Development, £4 19s fid; Commercial Bank (pref.), £9 3s 6d; Bank of New South Wales, £32 12s fid; Colonial Sugar, £43 ss; Amalgamated Brick (Auckland), £99 15s. Noon call: Broken Hill Proprietary, 67s 4Jd; Consolidated Brick, 9s 6d; G. J. Coles (rights). 335. Our Auckland correspondent telegraphs;—Steady bidding took place at the first dill of the week. In the banking section a noticeable feature was a slight firming in New Zealands. Buyers at tho last sale gave 38s fid, but the lowest sellers asked 39s 3d. Commercials were again in. demand at 18s 4d, but holders moved up a penny to 18s 7d. Preference sold Is fid higher, at £9 3s fid, with a subsequent market between £9 2s fid and JH9 ss. New South Wales sold unchanged at £32 12s fid, after which sellers- withdrew leaving buyers in at £32 7s fid. In insurances the chief feature was a further firming in South British, which had buyers at 90s and sellers Is fid higher. In Australian industrials, Broken Hills and Colonial Sugars were the most prominent. The former sold higher at 77s 3d, with more wanted at that price, and sellers twopence above. Colonial Sugars had the best sale for some time with a transaction at £43 ss, a rise of 7s fid. Sellers then withdrew, and buyers, were still in at.£43. Goldsbroughs were offered cheaper at 33s 9d, and Woohvorths • (Sydney) were slightly firmer,' between £5 7s fid and £5 10s. In local issues Auckland Gas looked slightly firmer, with sellers higher at 23s 2d and buyers steady at 22s Od. Mining had few changes. Marthas were quoted from 20s Id to 20s 3d. Government Stocks were in steady demand for all issues, the only offering being of 1937-40’s, for which £lOl 15s was wanted. Amalgamated Brick Debentures sold 5s lower at £99 15s, after which the market was between £99 and £IOO.

rates:—: Paris, franc to £1 ... 105 21-32 New York, dollar to £1 ... ... 4.93 3-16 Montreal, dollar to £1 ... 4.92’ Brussels, belgas to £1 ... 29.32 Geneva, francs to £1 ... 21.44 Amsterdam, florin to £1 ... ... 9.32 Milan (nominal),- lire to £1 ... — Berlin, reichsmarken to £1 ... 12.26 Stockholm, kroner -to £1 ... ... 19.394 Copenhagen, kroner to £1 ... ... 22.40 Oslo, ' kroner to £1 ... 19.90 Vienna, schillings to £1 ... ... 264 Prague, kroner to £1 ... 122 Helsingfors, marks to £1 ... ... 227 Madrid, pesetas to £1 ... 55 Lisbon, escudo to £1 ... 110 3-16 •Athens, drachmae to £1 ... ... 550 ‘Bucharest, lei to £1 ... 675 Belgrade, dinars to £1 •Warsaw, zlotys to £1 ... 222 ... 26.75 •Rio de Janeiro, pence to rnilreis 44 Buenos Aires, pence to dollar ... 36 •Montevideo, pence to dollar ... 284 Bombay; ponce to rupee ... ... 184 Shanghai, pence to dollar ... ... 144 Hongkong, pence to dollar ... 14J Yokohama, pence to yen ... ... 14 Batavia, florin to £1 ... 8.97i •Sellers.