DEALINGS ON ’CHANGE

Dominion, Volume 33, Issue 280, 21 August 1940, Page 14

DEALINGS ON ’CHANGE

Yesterday’s Business RETURN ON INVESTMENTS Sales recorded on Dominion stock exchanges yesterday are shown in the following list. In the second column is given tlic return based on the last annual dividend from investment at the quoted price. The return of I per cent. Government loans Includes redemption:— WELLINGTON.

FOREIGN EXCHANGES Position Of Sterling Illy Telegraph I Tess A., .g'li.i LONDON, August 19. The following mean closing rates on foreign exchanges were current today:—

LONDON, August 19. Gold.—£B/8/- an ounce, fine. Silver.—Standard, 23 7-16 d. an ounce; fine, 25 5-l Gd. New Zealand Exchanges Telegraphic rates of exchange, New Zealand on the overseas centres mentioned, ■were quoted yesterday by the Bank of New South Wales as follows:—

SALES TAX Decrease In Collections The amount of sales tax collected in June (£327,482) showed a decrease of £3361 below the total for May, and also a decrease of £lO,OlO as compared with June, 1939, reports the Government .Statistician. Sales tax receipts for the first six months of the current year totalled £1,733,919, as compared with £1,857,614 in the corresponding period of 1939 and £1,676,919 in a similar period of 1938. Although the rate of sales tax was raised from 5 per cent, to 10 per cent, as from June 28, 19-10, the effect of the increase will not be apparent until the amount of the August collection is available, as collections in any one month are mainly in respect of transactions effected in the preceding month. FRUIT AND VEGETABLES Wellington Market Prices Prices of fruit and vegetables in the Wellington market this week are quoted by Laery and Co., Ltd., Townsend and Paul, Ltd., George Thomas and Co., D. Bowie and Co., Ltd., Thompson Bros., Ltd., and A. Pope and Co., Ltd., as follows :— Lemons, Meyer, 9/- to 11/- a J-case; passion fruit, 15/- to 25/- a Lease. Tomatoes, hothouse, 1/7 a lb.; tree tomatoes, 8/- to .13/- a Lease; grapefruit, New Zealand, 7/- to 13/- a case. Green peas, 1/3 to 1/6 a lb.; new potatoes, 2d. to 3?d. a lb. Potatoes, 4/- to 6/6 a cwt.) onions, 10/- to 15/- a cental bag: kuraeras, 8/6 to 9/6 a eu gar-bag. Cabbage. 1/6 to 10/- a sack: ditto, spring, 2/6 to 6/- a case; lettuce. 6/- to 12/- a case; sprouts, 17/- to 23/- a case; cauliflowers, 6/6 to 12/- a sack; silver beet, 1/3 to 5/3 a ease: spinach, 4/- to 14/3 a case. Marrows, 1/6 to 2/6 a case; pumpkins, 6/- to 15/- a sack. Carrots. 2/6 to 8/- a case; swedes, 2/- to 4/3 a case; parsnips, 1/6 to 4/a case; beetroot, 1/6 to 3/- a case: leeks, 2/- to 3/6 a case; celery. 5/- to 12/6 a case; rhubarb, 4/- to 16/- a dozen bunches. Stock And Share Indices (By Telegraph—Press Assn.—Copvt-igtit.j i LONDON, August 19. Today’s stock indices compiled by the ‘‘Financial Times” with previous quotations are (October 15, 1926 equals 100) :

Price Of Rubber (By Telegraph.—Press Assn.—Copyright.) LONDON, August 19. The price of rubber is quoted at 13 1-16 d. n lb.

V ield p.c Sale on invest* No. of price meat. shares. »; s. d. * S, 1 1, £300 Govt. Slock. ;; p.e., 15/7/30-11 99 2 «; — Bank of N.Z. ... a2 1 0 4 17 G ■jlHi N.Z. Breweries . *1 13 n ;> 3 b 50 Broken Hill Pty. *2 1 6 I 10 1 *Late sale Monday. a Reported after last, caJJ £ 6. d. C S. il. Bank ui’ N.Z. 2 t 0 •1 17 « Traders Finance, 7/Gpd (i 2 0 Oainaru Wool - 1 0 0 0 0 1) Broken Hill l.’ptj. .... 2 1 9 4 15 9 4 10 4 N.Z. Newspapers ..... .1. 9 6 Wilsons Cement ..... 0 18 11 1 1 0 (IHRISTCnVKCH. £ «. d. 2 s. d. Broken Hill Pply 2 !t 10 1 15 7 Ditti 2 .1 .11 1 15 5 (HINE BIN. ij J, £ H. d. Doni. Breweries ..... ,1. Bl f> 7 17 4 Brifisli Tobacco ..... .2 4 0 4 .10 10 N.Z. Drug, odd lot .. ■t 1 i; 3 IS G Waitahu Gold 0 0 8

Par. August 19. New York, dollar .. to £ 4.86G 4.03 Montreal, dollar ...toil 4.8G(i 4.45 Paris, francs to £ 124.21 Geneva, francs ....to£ 17.70 Stockholm, kroner , to £ 23.43 10.90 Lisbon, esc to £ 100 110.25 Milan, lire ......... to £ 92 —. Athens, drac to £ 375 310 Rio de J., d. to mil .... 4.99 —- II. Aires, <1. to pesa 47.02 .Monte Video, d. to peso 51 —• Calcutta, d. to rupee ... IS IS Yokohama, d. to yen .. 24.5S2 14 15 04 Shanghai, d. to dollar .. — • *4 Hong Kong. d. to dollar 15 *Dealings suspended.

On. Buying. Selling. New York, dol. to £N.Z. 3.2512 3.2050 Montreal, dol. to £N.Z. ’ 3.6039 3.5290 Greece, Drac. . to £N.Z. —~- 412.70 Java, florins , to £N.Z. 6.187 6.004 H. Kong, N.Z.d. to dol. IS’ 19 1-32 India & Ceylon, N.Z.d. to rupee 22 49-61 Manila, N.Z.d. to peso . 36 9-16 37 7-16 Shanghai, N.Z.d. to dol. — •5} Singapore, N.Z.d. to dol. 34 41-64 35 41-64

Govt. Home Indussec’s. Hails, trials. Gold mines. Feb. 5 109.2 52 95.8 190.4 Mar. 1 109.9 54.1 101.6 195.9 Apr. 1 Ara aia 108.6 55.5 98.2 196.1 May 2 110.0 54.8 96.2 198.8 June 3 109.6 38.1 77.0 165.1 July 1 107.1 33.8 69.4 137.0 Aug. 2 a a a 109.2 39.6 4 O.a 150.8 Aug. 6 J 09.3 39.5 4 «>.«> 151.1 Aug. 7 109.0 39.0 75.1 150.2 Aug. 8 108.8 38.1 7-1.7 148.9 Aug. 9 108.9 38.-1 74.9 148.9 Aug. J2 108.9 38.7 4 •>. 4 148.9 Aug. 13 1,09.2 38 76.5 149.9 Aug. 14 109.4 39.5 ( 6.11 151.9 Aug. 15 109.5 1 76.9 15.”,.8 Aug. in 109.5 39.5 77.4 155.9 Aug. 19 109.5 39.1 ,77.6 157.1