STOCK EXCHANGE

Northern Advocate, 4 May 1933, Page 8

STOCK EXCHANGE

GOVERNMENT BONDS SOUGHT,

(Special to “Northern Advocate.”)

AUCKLAND, This Day

An unsatisfied demand for Government stock on the local Stock Exchange has resulted in prices of the 4 per cents going above par. At the late call yesterday, there was a sale at £IOO 12/(5, but this valuation failed to hold, and this morning- sales were made at £IOO 5/. Subsequently there were still buyers at that figure. A parcel of 1040 ’s was available at £lOl.

■Colonial Sugars were quoted, ox dividend, with buyers at £54 10/, and sellers asking £1 more, Pukemiro ‘Collieries were again in request at 10/0, and Wellington Woollens were available, at £6 2/0. The banking and insurance sections showed few alterations.

Waihis were steady, with buyers at £1 2/0 and holders asking £1 0/0.

The Noon Call,

The following sales were recorded at the noon call: Bank of New Zealand, £2 5/2; Auckland Gas, £1 2/7; Farmers’ Trading, 1/0; Bank of Now South Wales, £2O 10/; Woolworth’s pref., £l. 12/0; Golconda, lid; Waihi Grand Junction, 3/10; Inscribed etock, 10-40, 4 per cent, £IOO 5/: Commercial Bank, 14/5.

FOREIGN EXCHANGES. (British Official Wireless. - ) RUGBY, May 2. The following rates on foreign exchanges are current, compared with the cabled quotations on May 1 and par.— May 2 May 1 Par. New York dol. 3.81)5 3.88 4.866 Paris, franc .. 84 .13-1 6 83 15-16 124.21 Berlin, r.m. .. 14.325 14.7-32 20.43 (Bombay, rupee IS 5-(54 IS 5-04 ISd. "■Shanghai, tael 15.25 15 3-8 Hongkong, dol. 16 7-S 16 7-8 Yokohama, yen 14 7-8 14 7-S 24.58 Pence to Ihe American dollar. CUSTOMS EXCHANGE RATES.

Rates of -exchange ruling at the announced dates of departure of the vessels named are shown in the following table. They are subject to confirmation by the Customs Department when the exact time of departure is learned on arrival of the vessels in New Zealand. Wirrell, America, dollars 3.44$ Brisbane Maru, Japan, yen .. 15 1-324 Canadian Cruiser, Canada, dol. 4.14City of Tokio, America, dollars 3.41 J Hauraki, America, dollars 3.53 Hauraki, Canada, dollars .... 4.10 Colden Harvest, America, dol. 3.1 SS 'Golden Harvest, Canada, dollar 4,30 Aorangi, Canada, Dollars 4.30 Canadian Challenger, Canada, dollars 4.34