STOCK EXCHANGES.

New Zealand Herald, Volume LXIX, Issue 21086, 21 January 1932, Page 5

STOCK EXCHANGES.

YESTERDAY'S SALES. RETURN ON INVESTMENTS. Following is a list of yesterday's transactions on New Zealand Stock Exchanges. In the second column is given tho return, based on tho last annual dividend, from investment at the quoted price. In the case of Government and other redeemablo securities the return includes redemption. In calculating tho returns on shares in companies which pay their dividends outside New Zealand exchange rates, being liable to fluctuation, have not been taken into consideration. The fust column gives the figures at which the sales were made:— AUCKLAND EXCHANGE. Return on Sale Price. Investment. Lsd £ s d War Bonds, ]9.'i>\ 4' 95 15 0 5 6]o Govt. Bonds, 1936. f>} 99 12 C> 511 9 Wanganui CI.T, '43, 52 97 10 0 6 1 5 Central K1.P.8., 1903, 5J . . . . 100 0 0 5 15 0 Com. Bank Aim., pref. (Into sale Tnes.) 6 6 fi 0 6 fi Bank of N.S.W. . . 27 5 0 517 5 Union Bank, cum div. . . . . 712 9 ! South British .. '2 13 6 4 111 8 N.Z. Guar. Corp., pf. 1 0 3 il 18 .'! Auckland (mis . . 1 3 6 616 2 Ditto (con.) . . 017 0 7 1 2 Kaiapoi Woollen .. 0 6 0 Waihi . . . . 016 9 11 18 9 Waihi Junction . . 0 4 0 8 6 8 Mount Lyell . . 1 0 9 416 4 The following salni also took place:— Consolidated Goldfields, Is 3d; King Solo moil, 2s Id. WELLINGTON EXCHANGE. Tns. Stk., 1937, 5i . . 99 15 0 5 11 2 Bonds, 1936, 5J . . 99 12 6 5 11 9 Bank of N.Z. . . 2 4 0 610 4 Auckland Gas . . 1 3 101 614 1 CHRJSTCHURCH EXCHANGE. Com. Bank of ,Aus. (2) 0 14 8 1 Bank of N.Z. (2) . . 2 4 0 610 4 N.Z. Refrigerating . . 011 9 810 3 Mount Lyell . . 1 0 8 4 1(5 9 Ditto (3) ..' . . 1 0 9 416 4 The following sales also took place:— Golden Dawn, 8s (2), 7s lid (2); King Solomon, 2« l{d; Okarito, 10s 3d (2). DUNEDIN EXCHANGE. Ins. Stk.. 1937. 5J . . 100 0 0 5 10 0 Bunk of N.S.W. . . 28 0 0 5 14 3 Mount Lyell . . 1 0 7 417 3 Tho following sales also took place:— Golden Point, 9d; Kildare, Is lOd (2). tJnferim dividend passed. dividend 4 per cent. AUSTRALIAN MARKETS. , BUSINESS ON EXCHANGE. SYDNEY AND MELBOURNE. (Received January 20, 9.25 p.m.) SYDNEY, Jan. 20. On the Sydney Stock Exchange to-day the volume of business in Australian consolidated bonds was well maintained, but marked irregularity was evident. Some long-dated held well, but short-dated again eased a point or two. Business in banks was restricted to Bank of New South Wales at £3O and Commercial of Sydney at £l6 15s. Other sales were: Fairymead Sugar (ex div.), 24s 9d; Colonial Sugar, £45 15s; Victoria Nyanza Sugar, 19s 9d; Carlton Brewery, 30s; Tooth's Brewery, 27s lAd; Tooliey's Brewery, 17s 6d: Henry Jones Co-operative, 28s 10<1; British Tobacco, 30s; Australian Gaslight, A shares, £5 12s 6d; Australian Glass, 34s 6d;Dunlop Perdriau, 14s; Burns-Philp, 395; Broken Hill Proprietary, 17s 3d; Broken Hill 6 per cent, debentures, £IOO 10s; Broken iiill South, 47s 3d; North Broken Hill, 68s 3d; Mount Lyell, 23s 9d. Sales on the Melbourne Exchange included the following:—Commercial Bank of Australia. 17s; Amalgamated Zinc, 10s; British Tobacco, 30s 6(1; Herald and \Vcckly Times, 43s 9d; Broken Hill South, 47s Broken Hill Proprietary, i7s Id; Zinc Corporation, 31s 6d. PRICE OF GOLD RISES. £6 AN OUNCE IN LONDON. QUOTATIONS FOR SILVER. (Received January 20, 10.15 p.m.) LONDON, Jan. 19. Gold is quoted to-day at £6 an ounce, compared with £5 18s 8d yesterday. Silver is quoted at 19 l-16d spot and 20 9-16(1 forward, compared with 1815-16(1 and 19 l-8d yesterday. FOREIGN EXCHANGES. DEPRECIATION OF STERLING. British Wireless. KUGBY, Jan. 19. The following rates on foreign exchanges were current yesterday, compared with the cabled quotations on January 16 and par:— Jan. 18. Jan. 16. Par. Montreal, dol. .. 4.00 4.10 4.806 New York, dol. . 3.45J 3.47J 4.866 Paris, fr. .. 87J 882 124.21 Brussels, bclgn, .. 24 13-16 24 15-16 35.00 Geneva, fr. .. 17.70 17 13-16 25.22 Amsterdam, fl. .. 8.585 8.625 12.10 Milan, liro .. 63 15-16 69.25 92.40 Berlin, r.m. .. 14 11-16 14 23-32 20.43 Stockholm, kr. .. 17 15-16 17 15-16 18.159 Oslo, kr. .. 182 183 18.159 Copenhagen, kr. . 18J 18J 18.159 Vienna, sch. .. 30 30 34.585 Prague, kr. .. 117! 117 24.02 ITelsingfors, mark 232J 235 129.23 Madrid, pes. .. 41 1-16 4U 25.225 Lisbon, cscu. .. 109.75 109.75 41 Athens, dr. ~ 265 272.5 375.00 Bucharest, lei. .. 5771 535 25.225 Bio de Janeiro, mil. 1.25 4.25 5.899(1 Buenos Aires, dol. 39.50 39.50 47.57 d Montevideo. dol. 31 .'il 47.57 d Bombay, rupee . 18i 181 18d Shanghai, tael ~ 22 9-16 225 Hongkong, dol. . 17 17 1-16 Yokohama, yen . 253 25.50 t;24.58d Baiaviii, H. CUSTOMS EXCHANGE RATES. Bates of exchange ruling at the announced dato of departure of tho vessels named are shown in the following table. They ;ne subject to confirmation by the Customs Department when tho exact time of departure is learned 6n the arrival of the vessels in [S T cw Zealand, finally declared rates being marked* :—• Brisbane Mam, Japan, yen .. 24.50(1 Rosen, U.S.A., dollars 3.475 Niagara. Canada 4.00 Antinoua, U.S.A. . . LONDON STOCK EXCHANGE. LONDON, Jan. 19. Latest quotations on tho London Stock Exchange include the following:—Banks: Australasia, £7 16s 3d; New South Wales, £22 10s; IJnio'i of Australia, £6 Is 10-jd (ex div.); National of New Zealand, £3 ss, Now Zealand 4 per cents., £9O 10s; shares, £2 10s. New Zealand Loan and Mercantile debentures, £56 10s; ordinary stock, £36. DAIRY PRODUCE PRICES.^ The following cablegrams with reference to the dairy market in London, dated January 19, wero received in Auckland yesterday: — . . , Joseph Nathan and Company, Limited (from Trengrouse and Nathan) Butter, 965. There is nothing doing. Tho cheese market is steady and unchanged. Now Zealand Co-operative Marketing Association, Limited Butter: Weak, New Zealand, 95s to 975: unsalted, 114s; Danish, 116s. Cheese; Slow, white, 56s to 57e; coloured, 565.