STOCKS AND SHARES

Gisborne Herald, Volume LXXVII, Issue 23219, 3 April 1950, Page 8

STOCKS AND SHARES

DEALINGS ON FRIDAY Auckland.—£lloo 3 p.c., 53-58. £99 13s; £3OO 3 p.c., 60-63, £IOO 10s: £4OOO 3 p.c., 63-64, £99 15s; £l7l 10s Auck. Gas. 4} p.c. peep, dob., £103; 55 E.S. and A. Bank, £6 10s; 163 Nat Bk. N.Z., 60s; 500 Dom. Brew., 6Ss 6d; 30 N.Z. Brew., 49s Cd; 1000 Auck. Gas. 9s lid; 725 N.Z. Insce., £5 7s 6d: 200 South British. 97s 6d: 69 Nat. Mort. B, 40s •id; 100 B.H.P. (13s 4d pd.l. 36s 9d; 50 Bycroft, 27s 6d; 5 Col. Sugar, £63: 300 G. Court, 50s; 1000 MacdulYs, 9s; 200 M. and C. deb., 43s Gd; 100 Wths- N.Z.. 25s 6d; 100 W’ths Syd.. 26s 3d; 25 Placer, £5 3s. Unlisted: 200 Banks Box, 37s Cd; 200 Whnka Bd.. 17s 6d. Wellington. —ls/4/56-59, 3 (£250). £IOO 12s 6d; 15/1 1/57-60, 3 (£315), £IOO 6s 3d; 15/4/60-03, 3 (£100), £IOO 10s; 15/6/52-53, 4 (£4o(j), £1(12 15s; N.Z. Tnsce. (75), £5 7s Gd; N.Z. Guar. (250), 5s 3d; I'oltex, N.Z. (200). 40s: Coles (500), 25s Gd; Niven (100), 455; Macdufl's (100), 8s 9d; McKenzies (30), 60s; Mack} - , Logan (100), 445; Selfridges, A asin ( 125). 575; W’wths, N.Z. (400), 25s fid: W’wths, Syd (200), 263. Unlisted: N.Z. Motor Bods. (300). 37s 6d.

Christchurch.—ls/1 1/57-60. 3 (£4090). £IOO 7s fid; 15/7/62-04, 3 (£ 1500). £99 12s Cd; Bnllins Brew. (100), 2-ts 9d; Chch. Gas, (231), 21s 9d, Palm-tv (500), 10s; Koran, pf. (100), 17s Pd: Wgton \VI. (30), £9 17s Cd; Col. Sugar (5). £63: Coles (100), 25s Cd: Macduffg 1 1 0110) , <is; W’wths,. Pyd. (300), 26s Id.

Dunedin—ls/9/32-55, 4 (£500). £99 15s; 15/11/57-GO, 3 (£4201, £IOO 7s 6d: Nat. Bk. N.Z. (120), 60s; N.Z. Brew. (100). 49s Sd; Westland Blew. (50), 41s Oil: Chch. Ga 3 (231 ). 24s 9d: N.Z. Insce. (200), £5 7s 6d; Pth. British (200). 97s fid: Wgton. \VI. (66), £9 17s (lii: do pf. (12). £9 17s 6d; Cole 3 non), 23s 7d: Macdulls <400), 9s; W’wths, Syd. 300). 2fis.

STERLING IMPROVES

Fnether recovery in sterling funds is shown 4 in the latest return of the Reserve Bank of New Zealand for the week ended March 22. The bank's sterlirlV exchange in London rose duiincr tht? period by .€251,230 to £48,589.644, which is the highest level for seven months. Trading:, banks* deposits, which have shown heavy reductions during the past few weeks owing to income fax payments, rose by more than £.’.000,G00 to £69.633.0*9. On the other hand. State deposits were £1,000.000 lower at €36.^19,087. After contracting steadily wince the Christ- 1 mas holiday season, the note issue expanded slightly front £53.203.058 to £53.618,068. The void reserve increased during the week by £13.490 to £4,019,510.