STOCK EXCHANGES.

New Zealand Herald, Volume LXIX, Issue 21131, 14 March 1932, Page 5

STOCK EXCHANGES.

SATURDAY'S SALES. RETURN ON INVESTMENTS. Following is a list- of Saturday's transactions on New Zealand Stock Exchanges. In the second column is given the return, based on tbo last annual dividend, from investment at tho quoted price. In the case of Government and other redeemable securities (he ret urn includes redemption. In calculating (he returns on shares in companies which pay their dividends outside New Zealand exchange rates, being liable fo fluctuation, have not been taken into consideration. The first, column gives the figures at which the sales were made:— AUCKLAND EXCHANGE. , • Return on Sale Price. Investment, i 9 'I i! 8 'I Bonds. 19:j7, 5} . . 07 10 0 ft 1 10 Ins. stock, J 03*. 4i . 92 10 0 6 0 ft Otahuhu Bnro., 1901, 6 9!) 0 0 6 1 6 Bnnlt of N.S.W. ... 25 0 0 * Vv'nihi 0 Ift 0 12 10 0 Mount Lyell . . . . 0 1!) 3 ,5 311 The following ari]e-< also look place:—Okarito, Os 3d: Mahakipawa. 3d. WELLINGTON EXCkANGE. Bank of N.Z . . . . 2*2 3 615 S Ditto 22 1 6 Ift 3 Staples and Co. . . 1 2 0 9 110 CHRISTCHURCH EXCHANGE. Bank of N.Z 22 4 6 15 5 Ditto 22 5 ft 15 2 Ditto (2) .. 22 6 614 11 Bank of N.S.W. . . 25 0 0 * E. S. and A 4 1 ft 5 17 10 N.Z. Breweries ..129 * Ditto 13 0 * Christchurch Gas 1 4 G 6 10 7 The following sale also took place:—JSlahakipawa (2), 4d. •Interim dividend reduced. IJntcrim dividend passed. QUOTATIONS FOR WHEAT. LONDON AND LIVERPOOL. MARKETS IN AMERICA. (Received March 13. 5.5 p.m.) LONDON. March 12. Wheat.—Cargoes opened firm yesterday owing to Winnipeg advices, but, demand was still in abeyance owing to the vagaries of sterling. Cargoes by tho K'.lloran and York City sold at 28s 3d and 27s 7{,d respectively. Parcels were in moderate demand. For Mariitobas and River Plates tho undertone was quieter. By a West Australian vessel, May, 27s IOAd. Futures.—London: June, 26s lJ,d ,1 quarter; September, 26s B,d. T.ivcipool: .March, ,5s 3 3-3 d a cental; May, 5s 5 5-8(1; July, 5s 8d; October, 5s lOjd. To-day demand for cargoes was inactive. Australians were unchanged and others were 3d easier. Trading was inactive in parcels. Futures.—London : June 26s 14d a quarter; September, 26s BJ,d. Liverpool: March, 5s 3 l-8d a cental; May, ssj 5 3-8 d; July, 5s 7 5 8d; October, 5s lOd. CHICAGO, March 12. Wheat.—March 57 3-8 cents a bushel; May, 601 cents; July, 62 5-8 cents; September, 64 5-8 cents. Tho New York quotation for cash is 703 cents.

SYDNEY STOCK EXCHANGE. BUSINESS ON SATURDAY. SYDNEY. March 12. On the Sydney Stock Exchange this morning sales were:—Four per cent. Bonds, 1958, £94 16s 3d and £94 15s; 1944, £9l 15s and £9l 17s 6d; 1951-53, £9O; 1951-59, £9l 17s 6d; 1951-61, £92 and £9l 17s 6d; £lO Bonds, 1944, £9 3s. Other sales were:—Commercial Bank of Sydney, £ls 17s 6rl; Tooth's Brewery, 25s 7id ; British Tobacco, 30s 6d. FOREIGN EXCHANGES. STERLING SLIGHTLY EASIER. British AVirrlefp. RUGBY, March 11. The following rates on foreign exchanges were current yesterday, compared with the cabled quotations on March 9 and par:—

CUSTOMS EXCHANGE BATES. Bales of exchange ruling at the announced date of departure of t,ho vessels named are shown in tho following table. They are subject to confirmation by tho Customs Department, when tho exact time of departure is learned -on tho arrival of the vessels in New Zealand, finally declared rates being marked*:— Waikawa, Canada, dollars . . . . 3,86 Waikawa. U.S.A.. dollars . . .. 3.45 Sierra, U.S.A., dollars 3.48? Wirrall. U.S.A., dollars . . . . 8,483 Canadian Cruiser, Canada, dollars .. 3.94 Niagara, Canada, dollars 3,63

. CANTERBURY PRODUCE. LITTLE CHANGE IN POTATOES. [BY TELEGRAPH. —FEESS ASSOCIATION.] CHRISTCHURCH. Saturday. The potato market shows little change. April-Juno delivery is quoted at £5 7s 6d, f.0.b., s.i., arid later months at ,£6 12s 6d. The on-truck price for earlier months is £4 7s 6d. Prompt fowl wheat ts quoted at As 4|d, f.0.b., and spread at 4s s^d. Oats are firmer, and up to 3s 6d a bushel, f.0.b., s.i., has been paid for " spread " A Cartons. Very few are offering, and apparently growers are leaving (hem in stack as they aro very scarce. Local Gartons aro quoted at 2s fld to 3s on trucks. Algerians are quoted at 3s on trucks. Blenheim chaff is being offered to Auckland at £5 a ton. As freight from t.ho former point is 5s a ton cheaper than from Lvttelton, the price in Christchurch has to be 5s a ton lower to compete. The Christchurch quotation to farmers is £3 15s to £4 a ton. The pea market moved up during the week on account of some forward sellers having to come on the market. This raised the price to 6s, f.0.b., s.i., which is above London parity. Prices on trucks have been 5s a bushel. Small seeds show no alteration.

Mar. 10. Mar. 9. Par. Montreal. dot. 4.07 4.085 4.866 New York, dol. . 3.645 3.66 4.866 Pnw'R, fr. 92 9-16 92i 124.21 Brussels, belsa 06.05 •26.25 35.00 Geneva, fr. 18 25-32 18 7-16 25.22 Amsterdam, fl. .. 9.025 9.06 12.10 Milan, lire 70 J 70J92.46 Berlin, r.m. 15.25 15 5-16 20.43 Stockholm, kr. v . 13.10 18J 18.159 Copenhagen, kr. . 18.15 18.15 13.159 Oslo, kr. 18 7-16 18 7-16 18.159 Vienna, sch. 32 32 34.585 Prague, kr. 122.75 123 164.25 ITelBingfors, mark 215 217.50 129.23 Madrid, pes. 47.no 48 25.221 Lisbon, escu. 109.75 110 110 AthenB, dr. > .. 287.50 285 375.00 Bucharest., lei. . , 615 615 813.6 Rio de Janeiro, mil. . 4 1-16 4 5.8?0d Buenos Aires, dol. 38 J 38? 47.fil9d Montevideo, dol. 30.50 30.50 5 Id Bombay, rupee . 18 5-32 18 9-64 18d Shanghai, laol .. Ilonerkons. dol. . ,21 11-16 21.50 16 3-16 16 1-16 Yokohama. yen . 20 i 21 24.58d Bn.tavin,, (1. 9.06 9.18 12.10