STOCK EXCHANGES

New Zealand Herald, Volume LXIX, Issue 21358, 6 December 1932, Page 5

STOCK EXCHANGES

YESTERDAY'S SALES RETURN ON INVESTMENTS Following is a list of yesterday's transact ions on New Zealand Stock Exchanges. In (he second column is given the return, based on the last annual dividend, from investment at the. price. Jn 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 info consideration. Iho first column gives the figures at which the sales were made:— AUCKLAND EXCHANGE fie turn on Kale Price Investment i! e d X a tl Bonds, 1938, (Mny-Nov.) . . 92 .17 6 Ditto, 1937, S (Sept.-March) . . 03 0 0 Stock. 1936, 5} (Feb.-Aug.) . . 97 10 0 Ditto, 1937, 5J (Sept-March) . . 97 10 0 Bank of N.Z. (2) . . 22 * Sth. British Insurance 2 12 9 5 1 1 Waihi Gnd. Junction 0 3 6 910 6 Ditto . . . . 0 3 5 J 912 9 The following sale also took place:—New Zealand Refrigerating (con.), 2s 9d (2). WELLINGTON EXCHANGE N.Z. Insurance . . 2 10 .117 7 The following sales also took place:—New Zealand Refrigerating (con.), 2s 10d; Blackwater, 22s 2d; Consolidated, 9s, 93 l*d CHRISTCHURCH EXCHANGE Bonds, 1938, 44 (Mny-Nov.) . . 93 10 0 Wailii. (ind. June. (2) 0 3 li 910 (5 Mount Lye 11 .. 1 0 0 210 0 The following sales also look place:—New Zealand Refrigerating (con.), 2s lOd, 3s, 3a Id, 3s, 2s lid; Consolidated, 9s 3d; Nokomai, 5s ltd; Golden Dinvn, 5s Id (2); Golden Point, 2d

DUNEDIN EXCHANGE The following sales took place:—Waif aim, ■ld prem., 6d prem. ; Golden Point, 2Jd. "Interim dividend reduced.

DOLLAR EXCHANGE DOMINION RATES REVISED COMPARISON OF QUOTATIONS Current dollar exchanges as quoted by (lie New Zealand banks are as under, compared with previous quotations:— U.S. Dollars to XI Nov. 21 Nov. 25 Nov. 28 Dec. 5 Buying .. 3.40 3.34 3.31 3.30 Selling .. 3.20 3.14 3.11 3.10 Canadian Dollars to £1 Buying . . 3.50 3.57 3.56 3.57 Selling . . 3.69 3.G7 3.66 3.67 The rates quoted are for the conversion of dollars into English currency or English currency into dollars. Exchange is charged or allowed on drafts or bills drawn in dollars in the same way as if drawn in English currency. AUSTRALIAN STOCK EXCHANGES ]RREGULAR SYDNEY VALUES (Received December 5. 0.40 p.m.') SYDNEY, Dec. 5 Sydney Stock Exchange investors are still disinclined to enter into normal trade owing to the unsettled war debts situation and pending the result of the internal Commonwealth loan. Values are consequently irregular and tending to sag, but bank shares are holding well. This morning's sales were :—Commonwealth 4 per cent bonds, 1941, £IOO 16s 3d; 1961, £lOl 3s 9d; British Tobacco, 33s 9d; Goldsbrough ilort, 24s 6d.

This afternoon's sales were:—Commercial Bank of Syclnev, £l6 10s: National Bank of Australasia,"£lo paid, £l2 2s 6d; ditto, £5 paid, £6 3s: Colonial Sugar, New Zealand delivery, £53 2s 6d; HuddartParker, 30s; Henry Jones, 37s 3d: Australian Gas, A shares, £6 18s; British Tobacco, 33s 7jd: Dunlop-Perdriau, 16s 6d; ditto, pref., 325; Goldsbrough-Mort, 24s 6d; Wiuchcombe-Carson, 235; Tooth's Brewery, 35s l^d; Broken Hill Proprietary, 265; New Zealand debentures, per cent, 1937, £lO7 10s; Commonwealth 4 per cent bonds, 1938, £lO2 lis 3d; 1941, £IOO 17s 6d; 1944, £101; 1947, £lOl 10s; 1960. £lOl 10s ; 1953, £lOl 18s 9d; 1955. £lO2 10s; 1957, £IOO 10s; 1959, £IOO 17s 6d; 1961, £lOl 10s. Melbourne sales were:—GoldsbroughMort, 24s 6d ; Herald-Times, 555; Mount Lyell, 225; Taranaki Oil, 2s lid. f MOTUROA OILFIELDS LAST WEEK'S PRODUCTION Moturoa Oilfields, Limited, which is operating at New Plymouth, reports as follows tor the week ended December 2:— Moturoa No. 3 well: Drilled to 423 ft. in grey mudstone; lOin. casing lo 387 ft. No. 2 well: Produced 85 barrels {2975 imperial gallons) for five days' working. FOREIGN EXCHANGES STERLING AGAIN DEPRECIATES British Wireless RUGBY, Dec. 3 J ho following rates on foreign exchanges are. current, compared with (ho cabled quotations on December 2 and par: Dec. 3 Dec. 2 Par Montreal, dol. .. 3.705 3.77} New York, dol. . a. 18i 3.20] 4.SOU Paris, fr. .. 81 7-16 B'2ji 1 4 M 01 Brussels, belga .. 22.975 23.15 35 60 Geneva, fr. .. 16.555 16.(595 25/22 Amsterdam, fl. .. 7.915 7.!) Si 1° 10 Milan, lire .. 03 (53j 92.-16 Berlin, r.m. .. 13.175 13.475 20.43 Stockholm, kr. .. Copenhagen, kr. . 10.20 19 7-33 18159 Oslo, kr. .. 19 7-1(3 19.50 18.159 Vienna, sell. .. 27.50* 27 501 34 585 Prague, kr. .. 107.25 108.50 104.25 Helsmgfors, mark 228 228.50 129.23 .Madrid, pes. .. 39 1-1(5 39.75 25 2'M Lisbon, cscu. .. 105.75 105.50 lib" Athens, dr. .. 585 585 375.00 Bucharest, lei. .. 540 550 813 6 Rio de Janeiro, mil. 5.501 5,501 5.599 d Buenos Aires, dol. 1 t 47.G19d Montevideo, dol. 301 301 51d Bombay, rupee .. 18 13-16 18 13-01 • )8d Shanghai, tael .. 21 1-1G 20 13-1(5 Hongkong, dol, . 1(5 15.75 Yokohama, yen . 15 5-1(5 15 5-1(5 24.58 d Balavin. tl. .. 7.9(55 12.10 Belgrade, din .. INominal. CUSTOMS EXCHANGE RATES Rates of exchange ruling at the announced date of departure of the, vessels named arc 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, finally declared rates being marked*: — Melbourne Maru. Japan, yen .. .. 15.50 d Monterey, America, dollars . . . . 3.305 Wailiemo, America, dollars .. .. 3.31 j Port Hunter, America, dollars . 3,28 Armadale, America, dollars . . . . 3.18 Canadian Conqueror, Canada, dollars . 3.70 ' VALUE OF THE POUND On the latest quotations £1 in Auckland is worth approximately:— «? d 18 0 in London, 22 9 in Sydney. II 9 in New York. 13 11 in Montreal. 11 9* in Paris. 11 71 in Berlin. 28 10J in Yokohama. 11 10 in Bataria.