FINANCIAL

Manawatu Standard, Volume LVII, Issue 10, 10 December 1936, Page 7

FINANCIAL

WELLINGTON STOCK EXCHANGE. YESTERDAY’S BUSINESS AND PRICES. There were no special features in the market on the Wellington Stock Exchange yesterday. Business was fairly 'good, and prices were steady to firm on late rates. Government loans showed little change, and movements in bank shares were small. New Zealand industrial issues were generally quiet. Stapois firmed to 38s, sellers moving up to 40s. Now Zealand were steady and Tooths a shade better at 535. Broken llill Proprietary showed a hardening tendency and a sale was reported at 81s 9cl. G. J. Coles and WooUvorths were firm. Mining issues were generally quiet YESTERDAY’S QUOTATIONS. Ihe latest buying and celling quotations recorded yesterday on Ihe W ellington btock Exchange were as follow

*Cuin dividend. tEx dividend. A'ESTEUDAY’S SALES. Wellington.—3J j).c. Inscr. Stock. *£lol 12s 6d; National Dank of N.Z., *£3 4s 3d: Broken Hill I’tv.. *£4 Is; Colonial Sugar (2). +£43: E.S. and A. Bank, +£s 18s. f£s 19s; National Bank of N.Z.. £3 4s _3d: South British Insurance. £4 11s; N.Z. Breweries, £2 12s lOd; British Tobacco, £2 5s 3d, £2 5s 6d; Burns, Pliilp, £3 13s 9d; Electrolytic Zinc. prof.. t-£2 9s 3d; barmens’ Trading, £1 Os 8d; Cl. J. Coles (2), £4 10s 6d; N.Z. Farmers’ Fertiliser, 19s; Mossy Creek, Is 4d: .Mount Lycll, £1 16s 9d; Mount Morgan (4), 15s 6d. *1 ate sale Tuesday. fHcportcd after last call. Auckland.—Govt. Bonds, 4 p.c., 1946-49. £lOl 15s; Inscr. Stock. 34 p.c.. 1939-43, £lOl 10;; Bank of X.Z., £2 Is 6d; National Insurance, 18m N.Z. Insurance, £3 Os 6d: South British Insurance. £4 11« 3d; Renown Coal, prof., 2s 8d; Auckland Gas, €1 2s 3d; Australian Glass, £4 10s; Broken Hill Bty., con., £3 9s 3d: Colonial Sugar, £43; Farmers’ Trading (2). £Tos'9d, £1 0s 8d; Consol. Brick, 10s 10d; G. J. Coles f2) £4 10n 3d: Farmers’ Fertiliser, 19s; Nit. Morgan, 15s 54d, 15s 6d, 15s 8d; l’iacer Development. £5. Christchurch.—Govt. Bonds, 4 p.c.. 1946, £lO2 ss, 1949 £lOl 7s 6d; Comm. Bank of Aust. (5), 19s 3d: Bank of X.Z.. £2 Is sd; Goidsbrough, Alort.. £1 15s lOd; Heath and Go., £1 3s: British Tobacco (3). £2 5s Id (2) £2 5m Broken Hill Ply.. £4 0s 6d. (2) £4 Is 3d; Broken Hill Pty. (2). £4 Is 6d, £4 Is 7d; Dunlop Rubber, 17s 8d; Electron Zinc, ord. (2), £2 7s; ditto, prof., £2 9s, (6) £2 9s 6d; G. .T. Coles (5) £4 10s, £ 410 s 3d; Hume Pipe (Aust.), £1 0s 9d: Mt. Lycll (5). £1 16s 9cl, £1 16s lOd; Alt.. Morgan, 15s 8d; Rawang Tin (2), 10s 6d. Sales reported: E., S. and A. Bank, £3 18s; Westport. Coal. £1 2m British Tobacco. £2 5s 3d, £2 5s 6tl; Burns. I’lnjp, £3 13s 9d: G. J. Coles, Ist call paid, £3 9s 6d; Shillings. Ltd.. £1 Is: Barrytown, £1 4s; Aft. Lycll (2), £1 16s 9d; Alt. Alorgan (3), 15.-- Bd. Dunedin. —N.Z. Refrig.. £1 paid, £1 0s 2d; Shillings, Ltd., £1 ls3d : G. J. Coles, com. £3 10s; Electro Zinc, ord, £2 6s 6d; Inscr. Stock, 4 p.c,, 1946-49. £lOl 10s; 1952-55, £lO3 10s. AUSTRALIAN SHARE MARKETS. INDUSTRIAL ISSUES FIRM. SYDNEY, Dec. 9. Leading industrial shares were generally firmer on the Stock Exchange to-day. Indeed, the market as a whole was stronger, but not over-active. MELBOURNE, Dec. 9. Bonds wore steady, while industrial issues showed a firmer tone on quiet trading. The higher metal prices were reflected in a strong Barrier market. Gold shares wore unchanged except Upper Watut, which sold down to 7d and recovered to Is 6d on the report of the yield. rOREIGN'TxCHANGE. ON NEW ZEALAND CURRENCY BASIS. The Bank of New South AVulcs, AVoL lington, quoted the following rates for their purchasers and sales of foreign exchange

O.D. represents on demand transactions. The above rates are subject to alteration without notice. The Associated Banks father than the Bank of New South Wales), quoted the following dollar rates yesterday on a New Zealand currency basis. They aro subject to alteration without notice.

J3uv el'6 Solicit X.Z. GOVT. LOANS- I d. £ s. d. 3i p.c. Inscr. Stock. 3-1939-43 101 15 0 Ditto, 9-1939-43 .. . 101 15 0 Ditto, 11-1038-52 101 5 0 Ditto, 5-1939-52 101 5 0 Ditto, 11-1941-52 ... 101 5 0 4 p.c. ditto. 1-1937 . 101 7 6 Ditto, 2-1943-40 101 12 6 Ditto, 4-1946-49 101 5 0 102 0 0 . Ditto. 6-1952-55 103 0 0 4 p.c. Bonds, 1-1957 ..101 7 6 Ditto, 2-1943-46 101 15 0 Ditto, 6-1952-55 .... 104 0 0 A nst. Consol. Stic, 37 p.c., 15-9-47 __ 100 15 0 Ditto. Bonds — 100 15 0 DEBENTURES— jMakorlia Dgo., 4.J p.c., 1945. 1953, 1954, 1955 _ 101 0 0 BANKS— Conn'd, of Aust., ord. 0 19 0 0 19 4 I'.ng-., Scot, and A 11st. 5 18 0 National of X.Z. *3 4 6 t > Ansh-iljtsifi 15 10 0 New South Wales ... 33 5 0 New Zealand *2 1 3 2 1 ID Ditto. D Jong term ... *1 10 0 Union of A list 10 5 0 10 7 0 FINANCIAL— Abraham and Williams, prof _ 5 0 6 Dalgot.v and ('0 10 7 0 11 0 0 Goldebrougli. .Moil ... *1 15 9 1 16 6 X.Z. Guarantee C.'orp. 0 5 3 0 5 6 X.Z. Invest., .Moit. and Deposit 0 e ,> X.Z. and River Plato 0 17 6 Wgln. Tm.it, Loan ... 5 12 6 GASChristchurch 1 6 9 Gisborne 0 10 0 Napier, contrih 5 0 0 Wellington, ord. .. 1 16 0 1 18 0 Ditto, pref *1 4 3 INSURANCE— National of X.Z 0 18 4 New Zealand — 3 1 0 Queensland — 3 2 6 South British 4 10 6 4 11 6 Standard — 3 0 3 31 EAT I’RKSEUVJXG— Gear .Meat *0 16 3 — X.Z. Refrigerating ... — 1 0 9 Ditto, 10s paid — 0 9 10 Well. Meat Ex., pref. — *1 3 0 TRANSPORTJIuddarf. Parker, ord. — 1 17 6 Kolburti Tramway ... 1 2 0 — Kelburn Tram wav ... 1 2 3 — WOOLLEN— Bonds Hosierv Mills — 1 0 0 COAL— Grey Vnllov 0 9 9 Westport 1 1 0 — TIMBER— Kauri *1 4 2 1 5 0 liotoiti — 0 6 3 Taringamutii 0 11 6 — Taupo Totara. ord. . 0 9 9 Ditto, 16s pref 0 15 9 BREWERIES— Garll on 3 0 0 — Dominion *2 0 9 X.Z. Breweries i2 12 6 2 13 0 Staples and Go 1 18 0 2 0 0 Tooth and Co 2 13 0 — Tui 2 12 0 — MISCELLANEOUS— A nst. Glass 4 [0 0 4 12 0 British Tobacco, A list. *2 5 6 2 5 11 Broken Hill Plv 4 1 9 4 2 0 Ditto, eont rib 3 9 6 3 11 3 Burnt), Philp and Co. 3 13 3 3 14 9 Claude Neon Lights (X.Z.) — 1 17 0 Colonial Sugar 42 15 0 43 0 0

Con. Brick and Pipe 0 10 9 0 11 1 Den. and Med. Sup. 0 10 9 — D.l.c;, ord 0 16 0 — Ditto, prof. 1 4 3 — Dunlop Perdriau — 0 17 10 Electrolytic Zinc, ord. 2 7 0 2 8 0 Ditto, prof 2 9 0 2 9 9 General Industries ..i 0 18 6 — G. J. Coles *4 10 3 4 10 6 Henry Jones Co-op. ... 2 4 3 — Howard Smith, ord. .. — 1 1 6 Hume Pipe 1 0 6 — Macduff's, prof —■ 1 1 7 National Electric 0 14 9 0 16 0 I’roccra Bread, ord. ... — *1 10 0 Ditto, vendor —■ *1 10 0 Sliarland and Co., ord. 0 19 0 Ditto, pref 0 19 0 Shillings, l,td 1 0 0 1 1 3 Taranaki Oil — 0 2 0 Wilsons N.Z.. Cement 1 16 Wool worths N.Z., ord.. 6 ex rights *6 8 0 6 12 0 Ditto, prof *1-16 MINING— 6 A rgo < 0 1 10 0 2 1 Big River — 0 2 1 Brian Born — 0 0 4 Consol. Goldfields 0 16 6 Maori G'ullv ' — 0 0 6 Mossv Creek *0 1 3 — Ncinona *0 1 7 — Xokomai 0 2 5 Oknrito 0 3 3 0 5 6 Skippers 0 0 £ Worksop Exfd — 0 2 0 Mount fivoll *1 16 10 1 17 0 Mount Morgan 0 15 5 0 15 7 North Broken Hill — +3 1 C Placer Development . — *5 5 0

yesterday : — New Zealand • Buying. Selling. Oil London — £N.Z. to £stg.lOQ ... T.T. 124 124/10/O O.D. 123/10/0 124/8/9 Australia— £A. to £N.Z. 100 T.T. — O.D. 101 100/10/0 Fiji— £F to £N.Z. 100 T.T. — 89 O.D. 90/7/6 New York — Dollars to £1 N.Z T.T. 3.97 3.932 O.D. 3.98i 3.93 1

Montreal— Dollars to £1 N.Z T.T. 3.96| 3.93^ O.D. 3.97g 3.93g France — Francs to £ N.Z .. T.T. 84.23 O.D. — 84.27 IIonjr-Kong--N.Z. pence to 1 dollar .. T.T. 18 11-32 18 27-32 O.D. 18 5-16 18 53-64 Japan— N.Z. pence to 1 yen . T.T. 17 15-32 O.D. — 17 29-64 Shanghai— N.Z. pence to 1 dollar . . T.T. m 183 O.D. 17 27-32 18 23-64

U.S.A. Canada. (per (per £1 N.Z.) £1 N.Z.) dols. dols. T.'f 3.93* 3.93 O.D 3.93J 3.93| Buvitisr — O.D 3.981 ‘ 3.971