STOCK EXCHANGES.

New Zealand Herald, Volume LXIX, Issue 21110, 18 February 1932, Page 5

STOCK EXCHANGES.

YESTERDAY'S SALES. RETURN ON INVESTMENTS. Following is a list of yesterday's trans actions on New Zealand Stock Exchanges. In the second column is given the return, based on the last annual dividend, from investment at the quoted price. In the case of Government and other redeemable securities the return includes redemption. In calculating the returns on shares in companies which pay their dividends outside New Zealand exchange rales, being liable to fluctuation, havo not been taken into consideration. The first column gives the figures at which the sales were made:—

AUSTRALIAN EXCHANGES

Y FSTE Pi DA Y'S TR A NSACTIONS,

(Received February 17, 10.45 p.m.) SYDNEY. Feb. 17

On tho Sydney Stock Exchange to-day little movement occurred in Commonwealth bonds, but there was a stronger tone on closing. Sales were: Four per cent, bonds, 1938 issue, £94 10s; 1941, £92 16s 3d; 1944, £92 12s 6d: 1947. £92 8s 9d; 1050, £9l 7s 6d; 1951-57, £9l 7s 6d; 1951-55, £9l 8s 9d; 1951-59, £92 7s 6d; 1951-61, £92 7s 6d. Bank scrip remained steady and the following sales took place :—Bank of New South Wales, £3O; Commercial Bank of Sydney, £l6 ss; Bank of Australasia (New Zealand register for New Zealand delivery), £lO ss. Colonial Sugar declined to £44 and Millaquin sugar to 25s 4Jd. Other sales were: Henry Jones, 2fis fid ; Burns Philp, 38s 6d; New Zealand Inscribed Stock, 5 1-8 per cent., 1937, £lO7 ss, SJ, per cent., 1936, £lll 10s; Australian Gas, A shares, 110s; Australian Glass, 33s 6d ; British Tobacco, 29s 7Jd ; Tooth's Brewery, 26s 9d; Dunlop Perdriau, 12s 4d ; Goldsbrough-.Mort, 25s 71,(1: Winchcoinbe Carson, 19s; Broken Hill Proprietary, 16s ljd; North Broken Ilill, 71s 6d ; Zinc Goroporation, 31s 4J,d. Melbourne sales were: Broken Hill Proprietary, 16s; South Broken Hill, 48s 91; North Broken Hill, 71s 3d; Zinc Corporation, 31s 6d; Mount Lvell, 22s 7i<l; G. .7. Coles, 33s 6d; Goldsbrough-Mort, 25s JOid. LONDON STOCK EXCHANGE. CU R RENT QU OT ATI ON S. LONDON. Feb. 16. The following were among to-day's quotations on the London Stock Exchange:— Hank of Australasia, £7 15s; Bank of Now South Wales, £22: Union Bank of Australia, £5 12s 6d; National Bank of New Zealand, 655; Bank of New Zealand, 4 per cents., £9l; shares. 50s; Loan and Mercantile, 4 per cent, debentures, £57; ordinary stock, £32 10s. NEW SOUTH WALES BONDS. RISES IN LONDON. LONDON, Fob. lfi. On reports that the interest is to bo paid tomorrow, New South Wales 6i per cent, bonds rose four points on the London Stock Exchange to-day. Sales recorded were: —Six per cents., 1930-40, £B3, compared with £Bl last Thursday; and 3 J per cents., 1930-50, £SB 10s, compared with £SB. FOREIGN EXCHANGES. LITTLE CHANGE IN STERLING. British Wireless. RUGBY, Feb. lfi. '1 lie following rates on foreign exchanges were current yesterday, compared with the cabled quotations on February 13 and par:—

CTSTOMS EXCHANGE RATES. Rates of exchange ruling at, (ho announced date of departure of the vessels named rue shown in I lie following table. They are sub ject to confirmation by I lie ('ustoms T)epartmenL when the exact, time of departure is learned on the arrival of the vessels in New Zealand, finally declared rates being marked*: — City of Lincoln. Cnnndii, dollars .. I.lo* City of Lincoln, U.S.A., dollars .. 3.41* Mariposa, U.K.A., dollars .. 3.'15 Aorangi, Canada, dollars . . . . 3.00 I'orl llunlpr. New' York, dollars .. 3.452 Canadian Conquorcr, Canada, dollars 4.1(1 Melbourne Mnru, Japan, yen . . 24.50 d % BRITISH ARMY BEEF. HAI ,F-YE ARI -Y CON TR ACT. LONDON. Feb. Hi. The firm of Thomas Bortbwick and Sons (Australasia), Limited, has secured the bulk of the War Office's half-yearly contract for the supply of 6000 tons of frozen beef for tho home command.

AUCKLAND EXCHANGE. Rule Price, i' H. (1. Inn. SIk., 1937, 51 . . 0!) 10 1) Ditto 90 7 0 Ak. 11 nr. Bd., '43, 51 07 10 0 JN'ewmitrkot Boronnh, loii, fij . . . . no in o Com. Hank Ana. . . 0 14 4 Bnnlr of N.Z. . . . '2 10 South British Ins. . . 2 11. 0 Colonial Sutrar . . 39 7 G Ditto (Into mile Tuesday) . . . . 30 5 0 Mount L.vell . . . . 10 0 The following sale also look scribed Stock, 1033. f> 1. £08 2s dated Ooldfields, Is lid. Kelurn on InvcsUneut. i'*H. <1. r> i-2 4 s i-2 n 5 1G 4 5 Hi 3 t 0 K 1 5 3 1 G 7 0 <; 7 5 4 17 8 place: InGd; C'onsoliWELLINGTON EXCHANGE. Bonds, io3R, \'i .. or. 0 0 Ditto 04 17 « Ins. St k.. 1037. 55 . . 00 1 *2 G N.Z. Insiirunco .. 1 17 0 Colonial Sugar . . 30 10 0 Mount Lyell (2) . . 1 0 -1 5 0 5 10 5 II 5 G G l> 4 18 11 0 7 (1 G 1 CHRISTCHURCH EXCHANGE. Bonds, 1037, 51 . . 00 15 0 Com. Bnnk Aits. ('2) 0 14 4 Bk. of N.Z. (D prof.) 1 G H Tooth's . . . . 13 3 Dunlop Pordriau . . 0 11 '2 N.Z. Refris. (10s pd.) o 3 in The following sales also look den Dawn. 7s 7Sd (3). 7s tild C2) 5 112 + 5 12 10 C> 17 8 4 0 (> 13 0 10 place :—GolDUNEDIN EXCHANGE. JJank of X.Z. . . 2 4 0 G 8 1 Union Bank ..700 * Union Steam (prcf.) 1 0 0 5 10 0 N.Z. Breweries 1 5 G The following sales also took place:— Bonds, 1033. 51. i'00; OkHrito, 93 Gd (2J. tlnteriin dividend passed. 'interim dividend reduced.

l'"cli. 15. Feb. 13. Par. Montreal. <1 o]. .. 3.90 3.98 4 .son ■Vow York. do!. . 3.45 3.10 ■1 .son I'a ris. f r. 87.50 87 7-10 124.21 Uriinsola, 1)o!:.ra .. •21.7(1 ■21.75 35.00 (leneva. fr. 1 7 Jill 17 11 10 •>-, oo Anmterdani, fl. .. 8.515 8.51 UMO M ■ lai;. lire on; cc,; 92.If. Merlin, r.in. 11.525 11 9-10 20.43 Stockholm, kr. .. 1 7 H 17; 18.159 ( openhiiKon, kr. . 181 18 j 18.159 Oslo, Nr. IHJ 18^ 18.159 Vienna, sell. 32 32 34.585 I'rntrue, kr. 110.25 117 101.25 llelsinRl'orp, mark 22*2.50 •223.50 129.23 Madrid, pea. 44 9-10 14 25 221 Lisbon, crcii. 100.75 11)9.75 ii r Alliens, dr. '285 •270 375.00 Bucharest, lei. .. 577.50 775 813.0 Hio do Janeiro, mil Uuenos Aires, dol. 4 3-1(1 1 3-10 5.899(1 39.50 31.50 47.0l9d Montevideo, dol. 31 31 5ld Homhny, rupeo .. 18 5-32 18 5-32 18d Shanghai, tnel .. '23 5-32 •2'2 15-10 — llonckoiiK, dol. . 17 11-10 i T.r.o '24.58d Yokohama, yen . '24.50 '21. SO Balavia, 11. 8.50 8.50 12.10