MARKET INDICATOR

Evening Star, Issue 23325, 22 July 1939, Page 12

MARKET INDICATOR

Loans Good inquiry Banks Steady Insurance Firmer Shipping Lifeless Meat Preserving ...... Little change Coal Stable Oil Quiet Woollen Unchanged Aust. Industrials Inactive N.Z. Industrials ... Stronger Breweries Quiet Aust. Mining No change

FOREIGN EXCHANGES OH HEW ZEALAND CURRENCY BASIS The Bank of New South Wales, Dunedin, quoted the following rates for purchase and sales of foreign exchange (all rales subject to alteration without notice)

DOLLAR RATES. The Associated Banks (other than the Bank of New South Wales) to-day quoted the following dollar rates on a New Zealand currency basis. They are subject to alteration without notice:— U.S.A. CANADA. (Per £1 N.Z.) (Per £1 N.Z.) SELLING— T.T. (del) ... 3.72 1-8 5.72 5-8 O.D. (dol) ... 3.72 7-16 3.72 7-8 BUYING O.D. (dol) ... 3.73 3.78 5-8

DUNEDIN STOCK EXCHANGE THIS MORNING'S CALL LATEST QUOTATIONS

UNLISTED STOCKSAll Stocks in this section are not quoted on the official list, and transactions are subject to a different rate of brokerage:— National Tobacco (ord., £1) - 1 15 0 A. and T. Burts (pref., £1) 0 15 0 Security- Finance . (£1) 0 17 0 AUSTRALIAN STOCK EXCHANGES Press Association —By Telegraph—Copyright SYDNEY, July 21. The Stock Exchange was again in the doldrums, due mainly to uncertainty concerning the overseas situation. Business was severely restricted.

London— £100 stg. N.Z. T.T. O.D. £124 7/6 £123 18/9 £125 £124 19/6 Australia— £A to £100 N.Z. T.T. O.D. £100 10/ £100 10/ £100 £100 Fiji— £F to £100 N.Z. T.T. O.D. £90 £90 ■ £88 12/6 £88 12/6 New York— Dollars to £1 N.Z T.T. O.D 3.7803 3.7893 3.7330 3.7330 Montreal — Dollars to £1 N.Z T.T. O.D. 3.7766 3.7853 3.7366 3.7376 Belgium— Belgas to £1 N.Z T.T. O.D. 22.260 22.335 21.950 21.955 Denmark— Kroner to £1 N.Z T.T. O.D 18.140 18.200 17.850 17.832 Finland— Marks to £1 N.Z T.T. O.D. 184.85 185.25 179.05 179.15 Prance— Francs to £1 N.Z T.T. O.D. 142,98 144.23 140.48 140.50 Germany— Reichsmarks tc £1 N.Z. ... T.T. O.D. - 9.267 9.269 Greece— Drachmae to £1 N.Z. ... T.T. O.D. - 429.20 429.35 Holland— Florins to £1 N.Z T.T. O.D. 7.107 7.147 6.957 6.959 Italy— Lire to £1 N.Z T.T. O.D. - 70.95 70.97 Java— Florins to £1 N.Z T.T O.D 7.094 7.134 6.944 6.946 Norway— Kroner to £1 N.Z. ... ... T.T. O.D. 16.127 16.187 15.837 15.840 Noumea — Francs to £1 N.Z T.T. O.D. 145.48 146.98 138.73 138.77 Papeete— Francs to £1 N.Z T.T. O.D. 144.88 146.38 138.88 138.92 Sweden — Kronor to £1 N.Z T.T. O.D. 15.742 15.802 15.447 15.450 Switzerland— Francs to £1 N.Z T.T. O.D. 16.797 16.897 16.527 16.530 Hongkong— N.Z. pence to 1 dollar ... T.T. O.D. 18 1-8 18 3-32 18 1-2 18 1-2 India and Ceylon N.Z. pence to 1 rupee ... —* T.T. O.D. 22 3-16 22 5-32 22 15-32 22 15-32 Jcpan— N.Z. pence to 1 yen T.T. O.D. - 17 37-64 17 37-64 Manila — N.Z. pence to 1 peso T.T. O.D. 31 33-64 31 27-64 32 7-32 32 7-32 Singapore— N.Z. pence to 1 dollar T.T. O.D. 34 13-16 34 23-32 35 19-64 35 19-64 South Africa— £N.Z. to T.T. £123 4/6 £100 S.A. O.D. £122 17/ £124 17/ £124 17/

Buyers. Sellers. £ S. d. £ 8. d. N.Z; GOVERNMENT LOANS34 p.c. Stock, March, 194143 98 0 0 — 31 p.c. Stock, Sept., 194143 98 0 0 4 p.c. Bonds, 194346 98 15 0 — 4 p.c. Stock, 194346 98 15 0 — 4 p.c. Bonds, 194649 97 10 0 — 4 p.c. Stock, 1946-49 97 10 0 — 4 p.c. Bonds, 1952-55 95 15 0 — BANKING— New South Wales (£20) — 31 0 0 New Zealand (£1) ... X 19 6 — New Zealand (Long “ D,' £i) 1 6 6 — Commercial tlOs) ... — 0 17 0 National of New Zealand (£2 10s) ... 2 5 3 2 5 9 INSURANCE— National (7s) 0 16 9 — Standard (£1) 2 14 6 — SHIPPING— Howard Smith (£1) — 1 1 6 U.S.S. Co. (pref., £1) “ 1 6 0 MEAT PRESERVING— N.Z. Refrigerating (paid, £1) 0 15 6 _ N.Z. Refrigerating 8 (cont., 10s) 0 8 1 0 6 LOAN AND AGENCY— N.Z. Guar. Corp. (3s) — 0 4 3 Otago Farmers Co-op. (3s 4d) — 0 2 9 Wright, Stephenson (pret., £1) *“ 0 IS 4 COAL— Westport (10s) 1 0 6 Westport-Stockton 8 (pref., 10s) 0 7 "" WOOLLEN COMPANIESBond’s Hosiery (£1) 1 0 3 — Bruce (ord., £1) 0 10 3 — Kaiapoi (cont., 7s) ... 0 4 3 — Oamaru (£1) 0 15 0 “ MISCELLANEOUS— Associated News 6 (pref., £1) ... ... 1 1 — Australian Consol. Ind. (£1) ... — 1 IS 0 Aust. Iron and Steel 8 (pref., £1) — ... 1 0 — 0 British Tobacco (£1) — Z id Brown, Ewing (pref., £1) 1 0 0 — D.I.C. (pref., £1) ... 1 1 3 — Dominion Fertiliser 6 (£1) 1 3 i 4 3 Donaghy’s Rope and 8 Twine (£1) ... ••• 2 0 — Hume Pipe (£1) ... — i 2 5 I.C.I. (pref., £1) ... — x 4 9 Milburn Lime and' Cement (£1) 1 15 6 — M’Kenzie’s Dept. Stores (£1) 2 1 0 — N.Z. Drug Co. (£2) 3 8 6 — N.Z. Paper Mills 6 (£1) 1 5 —* ‘ Otago Daily Times (£1) — 2 0 6 Regent Theatre (£1) — 1 1 6 Wilsons Cement (10s) 0 17 0 — Woqlworths (ord., 5s) 0 18 0 — Wnolworths (Sydney, ord., 5s) 1 3 10 1 4 2 BREWERIES- * New Zealand (£1) ... 1 17 9 — Dominion (£1) 1 12 6 — OVERSEAS MINING— Electrolytic Zinc (ord., £1) 2 12 0 2 14 0 Emperor Mines, Fiji (10s) 0 10 0 — Mount Lyell (£1) 1 7 9 1 8 5 Mount Morgan (2s 6d 0 10 4 0 10 6 Mount Morgan (pref., £1) 1 3 0 — N.Z. GOLD MINING— Austral N.Z. (£1) ... — 1 4 0 Big River (Is) 0 0 9 — Gillespie’s (Is) — 0 0 104 Clutha River (2s) ... 0 1 6 — Gillespie’s (Is) — 0 0 104 Goldfields Dredging (Is) — 0 0 2 Nokomai (5s) 0 1 8 0 2 0 Okarito (5s) — 0 2 3 Waihi Investments (5s) — 0 7 3 Waitahu (5s) — 0 0 10

Bank of New South Wales £ 28 8. 5 d. 0 Colonial Sugar 45 7 6 South British Insurance ... i 10 0 Associated News 0 18 9 Adelaide Steam 1 12 1 Huddart Parker 3 11 3 Burns, Philp (South Sea) 1 4 6 British Tobacco (pref.) .... .. 1 8 6 Tooths O 12 3 Tooheys 1 9 3 G. J. Coles 3 12 9 Woolworths (N.Z.) 0 15 9 Dunlop Perdriau 0 19 10 Adams 0 15 101 Taubmans 2 12 9 Victoria Nyanza 0 12 0 Winchcombe Carson 1 6 0 Henry Jones ... ... 2 10 3 Aust. Guarantee Corpn. ... 1 3 0 Broken Hill Pty 3 2 6 Arahura 1 6 0 Emperor 0 9 4 Anthony Hordern 0 14 0 MELBOURNE, July 21. Comm. Bank of Australia ... £ 0 S. 15 d. 0 Aust. Consol. Industries ... 1 15 0 British Tobacco 2 7 9 Adelaide Steam 1 12 0 Broken Hill Pty 3 2 3 South Broken Hill 1 5 9 Emperor 0 9 3 Loloma 1 3 3