STOCK EXCHANGES

New Zealand Herald, Volume LXIX, Issue 21359, 7 December 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 tho return, based on tho last annual dividend, from investment at tho quoted price; In the case of Government and other redeemable securities no return is given, in view of tho new method of quotation, but tho months in which interest is duo arc 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 weic made:— AUCKLAND EXCHANGE Return on Sale Price Investment £sd X s d Stock. 1939, I' (AprilOctober) . . . . 913 (i (I Ditto. 19-10. o (Jan.-July) •..- 92 0 0 Ditto. 1937, (Feb.-Aug.) . . 9.") 0 (I Auck. Hnr. Bd„ 'IS. 5J 98 10 0 Bank of N.Z. 22 3 Auckland (las (2) . . 1 10 Ditto (con.) ..- 015 3 Northern Steam (con.) .. 0 - I 1 "Waihi 0 18 10 10 12 5 Ditto 02) . . . . OJO :( 10 7 10 The following sales also took plnce:— N.Z. Refrigerating, 9s; Waihi, 19s; King bolomon, 2s 5<J (2). WELLINGTON EXCHANGE Bonds. 1939, 1} (AprilOctober) . . . . 93 10 0 Tho following sales also took place: N.Z. Refrigerating (con.), 3s; Blackwuter, 225-(id. CHRISTCHURCH EXCHANGE Bank of N.Z. .. 22 3 Ditto 2 '2 9 Com. Bank Aust. tpf.) 7 5 0 510 -1 GoltUbrough-Morl .. 113 r „ Waihi . ■ •« 0 .18 11 10 11. 0 Ditto . .. 019 0 10 10 0 Mount Lyell . . . . 019 11 210 2 The following sales also took place:—Bank of N.Z., 42s Cd; N.Z. Refrigerating, 9s; ditto (con.). 2s lid (3). DUNEDIN EXCHANGE The following sales took place:—King 2s 4d: Waitahu, 7d pvem. (2). Sd preni.; Kawarau, Gd. 'lnterim dividend reduced. 1 Interim dividend passed. AUSTRALIAN STOCK EXCHANGES YESTERDAY'S BUSINESS (Received December G, 5.55 p.m.) SYDNEY, Dec. G The Sydney Stock Exchange was quiet to-day, the only noteworthy feature being the recovery of Bank of New South Wales to £3O 17s 6d.

This morning's sales were :—Commonwealth 4 per cent bonds: 1938, £lO2 10s; 1941, £IOO 18s 9d; 1944, £101; 1947, £lOl 7s 6d; 1950, £lOl lis 3d • 1953. £lOl 17s 6d; 1957, £IOO lis 3d; 1959, £lOl. Broken Hill Proprietary, 25s 6d. Closing sales were : —Commercial Bank of Sydney, £l6 7s 6d; Colonial Sugar, £53; Fairymead Sugar, 26s 6d; Tooth's Brewery, 355; Dunlop Perdriau, 16s 6d; Henry Jones, 375; Australian Glass, 43s 9d; North Broken Hill. 70s 3d. Commonwealth 4 per cent bonds were slightly firmer. Melbourne sales were:—Herald and Weekly Times, 555; British Tobacco, 325; Electrolytic Zinc, 16s 101; South Broken Hill, 46s 6d; Norths, 7is; Mount Lyell, 22s 3d.

AUSTRALIAN SECURITIES DECLINE IN NEW YORK NEW YORK, Dec. 5 Sales of Australian Government bonds on Wall Street to-day compare with those of November 14 as follows: — Nov. I t Dec. 5 Commonwealth— Dollars Dollars 5 p.c. Jan.-July, 1955 . . 70 70J 5 p.c.. Mar.-Sep., J957 . . 7C> 71 4j p.c., May-Nov., 1956 . . 71 05 New South Wales—--5 p.c., Feb.-Auk., 1957 .. 74 081 5 p.c., April-Oct., 1958 . . 732 07 Queensland — 7 p.c., April-Oct., 1942 . . 931 89 6 p.c., Feb.-Aug., 1917 . .

FOREIGN EXCHANGES IMPROVEMENT IN STERLING British Wireless HUG BY, Dec. 5 The following rates on foreign exchanges are current, compared. with the cabled quotations on December 3 and par: — Dec. 5 Dec. 3 Par Montreal, dol. .. 3.78 3.7(15 4.866 New York, dol. . 3.20 i 3.181 4.80G Paris, fr. .. 83 81 7-16 324.'21 Brussels, belga .. 23.105 22.975 35.00 Geneva, fr. .. 16.675 16.555 25.22 Amsterdam, ft. .. 7.965 ' 7.915 12.10 Milan, lire .. 63} 63 92.46 Berlin, r.ra. .. 13.45 13.175 20.43 Stockholm, kr. .. 18.205 Copenhagen, kr. . 19.195 19.20 18.159 Oslo, kr. .. 195 19 7-16 IS. 159 Vienna, sell. .. 27.50t 27.501 34.585 Prague, kr. .. 10S, 1 107.25 164.25 Helsingfors, mark 227.50 228 129.23 Madrid, pes. .. 39 3-16 39 1-16 25.221 Lisbon, escu. .. 105.75 105.75 110 Athens, dr. .. 585 585 375.00 Bucharest, lei. .. 545 510 813.6 Rio do Janeiro, mil. 5.50t 5.501 5.899 d Buenos Aires, dol. + + 47.619 c] Montevideo, dol. 301 301 51(1 Bombay, rupee .. 18 13-64 13 13-16 18d Shanghai, tael .. 21 1-16 2) 1-16 Hongkong, dol. . 15 15-61 16 Yokohama, yen . 15.25 35 5-16 24.58 d Batavia. fl. .. 7.91 7.965 32.10 Belgrade, dill .. 237.50 ■(Nominal. CUSTOMS EXCHANGE RATES Rates of exchange ruling at the announced date of departure ol the vessels ruined are 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 Marit. Japan, yen • * 15.50 d Monterey, America, dollars .. .. *3.30 Monterey. Canada, dollars . .. "3.80 Waihemo, America, dollars .. ». 3.313 Port Hunter, America, dollars . .. 3.28 Armadale, America, dollars . . . . 3.21 Canadian Conqueror, Canada, dollars 3.76 Sydney Mam, Japan, yen . . . . lojd

MEW ZEALAND MONEY ABROAD The cost in New Zealand currency of the pound sterling and of the principal foreign units, on the latest quotations, is as follows: — Present price Par s d s <1 London, pound . . 21 10.80 20 0.00 New York, dollar .. 7 0-77 4 J. 31 Montreal, dollar .. 5 11.GO ' 4 1.31. Paris, franc . . .. 0 3.20 0 1.9,) Berlin, mark . . .. 1 7.54 0 11.71 Copenhagen, krone .. 1 1-C9 1 l-'-2 Yokohama, yen . . 1 4.70 2 0.5$ These valuations represent the current rates at which banks sell drafts payable on demand. There is no official rate for .Australian pounds, various rates being charged by the banks for their own customers only. BRITISH WAR LOAN LONDON. Dec. 5 The 31, per cent war loan is quoted at £97 12s 6cl, compared with £9B on December 1. t _____ TIN IN NEW YORK NEW YORK, Dec. 5 Tin (standard) is quoted at 23.50 cents a, lb., compared with 21.45 cents on December 3.