STOCK EXCHANGES.

New Zealand Herald, Volume LXIX, Issue 21239, 20 July 1932, Page 7

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 the return, based on the last annual dividend, from investment at the quoted price. In the case of Government and other redeemable securities no return is given, in view of the new method of quotation, but the months in which interest is due are shown. In calculating the return on shares in companies which pay their dividends outside New Zealand exchange rates, being liable to ' 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. £ s. d. £ a. d. Stock, 1937, 51 (Feb.Aug.) . . . . . 101 0 0 City Auck, '44, Bank of N.Z. (2) . . 2 5 9 6 5 4 National Insurance . . 012 3 0 2 6 N.Z. Insurance . . 2 0 6 418 • 9 Standard . . ..213 616 N.Z. Farmers' Fert. 012 9 716 10 N.Z. Refrig. (£1 paid) 0 12 3 8 3 4 Ditto (con.) - . . 0 4 9 10 10 6 Waihi 0 15 1 13 4 5 Ditto 0 15 2 The following sales also took place:—King Solomon, la lid, 2s; Golden Point, 6Jd. WELLINGTON EXCHANGE. Bonds. 1939, 41 (AprilOct.) (3) .. . . 96 0 0 Bonds, 1937, 51 (FebAug.) 101 7 6 Ditto (Sept.-Mar.) . 101 7 6 Stock, 1937. 51 . . . 101 0 0 Com. Bank Aus. .. 013 10 312 3 Ditto 0 13 10i 3 12 1 Union Bank . . .. 7 0 3 2 17 0 N.Z. Breweries (2) . . 1 6 3 6 111 Ditto (2) .. . 1 0 6 6 0 9 Electro. Zinc (pref.) .10 9 + Mount Lyell . . 0 17 7 + ■ The following safes also took place:—New Zealand Breweries, 26s 4d; Okarito, 8s lid.

CHRISTCHURCH EXCHANGE. Stock, 1937, 51 (Sept.March) .. . . 101 5 0 Bank N.Z 2 5 6 6 6 0 Ditto 263 63 11 Union Bank .. . . 7 10 216 9 South Brit. Ins. (3) 212 6 5 1 7 Ditto . . . . . . 212 3 ' 5 2 1 National Insurance . 012 4 6 1 7 Standard Ins. (2) . . 2 10 6 111 Ditto 209 621 Goldßbrough-Mort . . 1 2 6 2 311 N.Z. Breweries .. 1 6 2 6 2 4 Ditto (3) ..164 6 1 G Dunlop Rubber 0 12 0 * F/lectro. Zinc . . 0 12 0 Electro. Zinc (pref.) .10 6 + N.Z. Refrig. (£1 paid) 012 0 8 6 8 Ditto 0 12 3 8 3 4 N.Z. Refrig. (10a pd.) 0 4 9 10 10 6 Mount Lyell . . 0 17 7 +

Ditto 0 17 5 t The following sales also took place:—New Zenlnnd Breweries, 26s 3d (4); New Zealand Refrigerating (£1 paid), 12s Id; Mahakipawa, 4d (3).

DUNEDIN EXCHANGE. Bonds, 1937, 5i (Feb.Aug.) 101 10 0 Stock, 1933, 6i (Jan.JulyV 99 5 0 Com. Bank Aus. . . 013 10 312 3 National Insurance . 012 3 6 2 6 Standard Ins. (2) . . 2 13 6 16 Electro. Zinc . . 0 12 0 Farmers' Fertiliser . . 012 11 714 10 N.Z. Paper Mills . . 1 0 3 618 3 N.Z. Refrig. (£1 pd.) (2) 0 12 3 8 3 4 Ditto 0 12 4 822 N.Z. Refrig. (10s pd.) 0 4 8J 10 12 5 The following eale also took place:—Okarito; 8s lOd. •Interim dividend reduced, tlnterim. dividend passed. AUSTRALIAN STOCK EXCHANGES. YESTERDAY'S BUSINESS. (Received July 19, 8.45 p.m.) SYDNEY, July 19. On the Sydney Stock Exchange to-day the trend of prices mainly favoured sellers. Demand was widespread for industrial shares. Commonwealth fluctua'ted slightly. Sales this morning were Commonwealth 4 per cent, bonds, 1938, £97 17s 6d; 1941, £97 15s; 1944, £97 ss; 1950, £9B; 1955, £96 17s 6d; 1959, £97 7s 6d; 1961, £97 10s. Commercial Bank of Sydney, £l6 15s; Australian Gas, A shares,. £6 6s 6d; British Tobacco, 325; Golds-brough-Mort, 25s 3d; Colonial Sugar, £46 12s 6d. This afternoon's sales were:—Bank of New South Wales, £29 10s; Commercial Bank of Sydney, £l6'lis; National Bank (£lO paid),, £l2 10s; Queensland National Bank, £5; Colonial Sugar, £46 10s; United Insurance, £8 10s; Burns-Philp, 45s 6d; Australian Gas, A shares, £6 5s 6d; B shares, £6 6s; British Tobacco, 32s Goldsbrough-Mort, 25s 3d; Dunlop-Per-driau, 13s 2d; Tooth's Brewery, 30s; Toohey's Brewery, 19s 9d; Australian Glass, 40s 6d; Carlton Brewery, 35s 6d; Fairymead Silgar, 24s 9d; Millaquin Sugar, 26s 9d; Taranaki Oil, Is 2d; South Broken Hill, 44s 3d. Commonwealth 4 per cent, bonds, 1938, £97 17s 6d; 1941, £97 15s; 1944, £97 7s 6d; 1950, £9B; 1955, £96 17s 6d; 1957, £97; 1961, £97 15s. Melbourne sales were: —GoldsbroughMort, 255; Carlton Brewery, 33s 9d; Dun-lop-Perdriau, 13s 6d; Herald and Weekly Times, 525; Zinc Corporation, 25s 3d; Mt. Lyell, 19s sd; Millaquin Sugar, 275; North Broken Hill, 625.

FOREIGN EXCHANGES. LITTLE CHANGE IN STERLING. British Wireless. RUGBY, July 18. The following rates on foreign exchanges are current, compared With the cabled quotations on July 16 and par:— July 18. July 16. Par. Montreal, dol. .. 4.125 4.095 4.8G8 New York, dol. . 3.542 3.542 4.866 Paris, fr. .. 90 9-16 90 9-16 124.21 Brussels, belga .. 25.60 25.60 35.00 Geneva, fr. .. 18.225 18.225 25.22 Amsterdam, fl, .. 8.81 8.81 12.10 Milan, lire .. 092 692 92.46 Berlin, r.ra. .. 14.95 14.95 20.43 Stockholm, kr. .. 19.50 19.50 18.159 Copenhagen, kr. . 1815-32 18 15-32 18.159 Oslo, kr. , 20.10 , 201 18.159 Vienna, sch. .. 31.60t 31+ , 34.585 Prague, kr. .. 120 119} 164.25 Helßingfors, mark 235 235 129.23 Madrid, pes.. .. 44 5-16 44.25 25.221 Lisbon, escu. .. 110 110 110 Athens, dr. .. 545 550 375.00 Bucharest, lei. .. 597.50 697.50 813.6 Rio de Janeiro, mil. 5 l-32t 5 l-32t 6.899 d Buenos-Aires, dol. + t 47.619 d Montevideo, dol. 30t 30+ sld Bombay, rupee . 18 8-32 18 1-1G 18d Shanghai, tael .. 20 3-16 20.25 Hongkong, dol. . 15.50 15.75 Yokohama, yen . 18 916 181 24.58 d Batavia, fl. .. 8.87 Belgrade, din ..220 {Nominal. CUSTOMS EXCHANGE RATES. Rates of exchange ruling at the announced date 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 the arrival of the vessels in New Zealand, finally declared rates being marked*: — Canadian Conqueror, Canada, dollars 4.14 Brisbane Maru, Japan, yen . . .. 18.5 Golden Coast, America, dollars . . 3.57 Mariposa, America, dollars . . .. 3-58 Mariposa, Honolulu, dollars .. .. *3.67 Mariposa, Canada, dollars . . • • *4.17 P. AND O. DEFERRED STOCK. LONDON, July IS. P. and O. deferred stock is quoted at 15s 10£ d, compared with 16s ljd on July 15.