STOCK EXCHANGES

New Zealand Herald, Volume LXX, Issue 21404, 31 January 1933, Page 5

STOCK EXCHANGES

HOLIDAY IN AUCKLAND SALES IN THE SOUTH The Auckland Stock Exchange was closed yesterday for the Anniversary Day holiday. Business will be resumed to-day. Following is a list of yesterday's transactions on Southern Stock Exchanges. In tho second column is given tho return, based on the 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 the months in which interest is duo are shown. In calculating the return on shares in companies which pay their dividends outsido 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:— WELLINGTON EXCHANGE Return on Sale Price Investment ,£bd £ B d Slock. 1935, 4* (May.-Nov.) .. 95 10 0 Stock, 1937, 51 (Fob.-Auk.) . . 101 5 0 South British . .. 2IS 6 4 1111 Moturoa Oil . . .. 0 4 6 CHRISTCHURCH EXCHANGE Chch. Tram way e, 1914, Oi . . . . 97 0 0 Com. Bank Sydney . . 15 10 0 4 8 8 E.S. and A. Bunk (2) 4 9 0 3 6 6 Bank of N.Z. . . 2 3 6 * Goldsbrough-Mort. ..140 + Carlton Brewery . . 1110 517 8 British Tobacco .. 111 4 3 lfi 7 Dunlop Rubber . . 017 0 310 7 Colonial Sugar . . 50 0 0 5 0 0 Mount Lyell . . .. 1 0 22 9 7 Ditto . . .. 1 0 6 2 8 9 The following sales also took place:—New Zealand Refrigerating, 10s paid, 3s lOd (3); Golden Sands, 3s; Okarito, 9s 2d. DUNEDIN EXCHANGE Stock, 1937, 5} (Sep.-March) . . 101 0 0 •Interim dividend reduced. dividend passed. SYDNEY STOCK EXCHANGE LITTLE MOVEMENT SHOWN (Received January 30, 7.35 p.m.) SYDNEY, Jan. CO The investment market showed little movement on the Stock Exchange to-day, tho only noticeable easiness being in Australian Consols.

This morning's sales included :—Commonwealth 4 per cent bonds, 1938, £lO2 8s 9d; 1941, £lO2 8s 9d; 1947, £lO2 17s 6d; 1953, £lOl 15s; 1959, £lO2 7s 6d. National Bank of Australasia, £5 15s; Australian Gas, A shares, £7 4s 6d; Toohoy's Brewery, 20s 9d; Tooth's Brewery, 35s 6d; British Tobacco, 32s lOJjd. Closing sales included : —Commonwealth 4 per cent bonds, 1938, £lO2 8s 9d; 1941, £lO2 10s; 1944, £lO2 13s 9d; 1947, £lO2 17s 6d; 1950, £103; 1955, £lOl 10s; 1957, £102; 1959, £lO2 8s 9d; 1961, £lO2 15s. New Zealand, si, 1937, £102; Bank of New South Wales, £3O 15s; Commercial Bank of Sydney, £l6 2s fid; Queensland National Bank £5 2s 6d; Winchcombe-Carson, 23s Cd; Henry Jones, 375; British Tobacco, New Zealand dolivery, 335; Tooth's Brewery, 35s 6d; Toohey's Brewery, 20s 9d; Dunlcsp-For-driau, 18s. The Melbourne Exchange observed a holiday to-day.

MOTUROA OILFIELDS LAST WEEK'S OPERATIONS Moturoa Oilfields, Limited (New Plymouth), reports as follows for the week ended January 27Moturoa No. 3 well has been drilled to 2052 ft.., and the Bin. casing has been cemented on sandstone formation with six tons of cement. The well will now stand, for 10 days to alloW cement to settle. No. 2 well: Cleaning operations have been completed, and the production for the week totals 160 barrels (5600 Imperial gallons) of clean oil. FOREIGN EXCHANGES STERLING SLIGHTLY STRONGER British Wireless RUGBY, .Tan. 28 The following rates on foreign exchanges are current, compared with 'the cabled quotations on January 21 and par:— .Tan. 28 Jan. 27 Par Montreal, dol. .. 3.96 3.93 4.866 New York, dol. . 3.38J 3.381 4.86(5 Paris, fr. .. 865 865 124.21 Brussels, belga .. 21.355 24.335 35.00 Geneva, fr. .. 17.515 17.4515 25.22 Amsterdam, 11. .. 8.43 8.4 L • 12.10 Milan, lire .. 66 5-17 66 3-16 92.46 Berlin, r.m. .. 14.215 14.225 20.43 Stockholm, kr. .. 18 7-1(5 18 13-32 18.15!) Copenhagen, kr. . 20 15-32 19 15-16 18.159 Oslo, kr. .. 19.50 19.50 18.159 Vienna, sch. .. 29.501 29.50t 34.585 Prague, kr. .. 114.50 114.25 164.25 Helsingfors, mnrk 227 220.50 129.23 Madrid, pes. .. 41? 41 5-16 25.221 Lisbon, escu. ..110 110 110 Athens, dr. .. 595 600 375.00 Bucharest, lei. ..570 570 f 13.6 RiodeJaneiro.mil. 52t 5Jt £.899<1 Buenos Aires, dol. 42 41.75 47.619 d Montevideo, dol. 34 1 34 + 51d Bombay, rupee .. 18 5-32 18 5-32 ISd Shanghai, tael .. 181 20.25 Hongkong, dol. . 15.50 15.75 Yokohama, sen . 14; 14 13-16 24.58 d Batavia, fl. .. 8.435 Belgrade, din. .. 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 arrival of the vessels in New Zealand, finally declared rates being marked*:— Canadian Victor, Canada, dollars . . 3.82 Brisbano Maru, Japan, yen .. 15d Hanraki, America, dollars .. .. 3.353 Ardenvohr, America, dollars .. .. 3.35 Monterey, America, dollars .. , • 3.35} NEW 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 Prico Par sd s d London, pound . . .. 2.1 11.58 20 0.00 Australia, pound *. 20 0.60 20 0.00 New York, dollar .. 7 7.00 4 1.81 Montreal, dollar .. .. 6 6.48 4 1.3 L Paris, franc . . . . 0 3.44 0 1.98 Berlin, mark .. ..1 9.03 0 11.74 Copenhagen, krone ~ 1 3.0U 1 1.2-2 Yokohama, yen . . .. 1 6.58 2 0.58

These valuations represent the current rates at which banks sell drafts payable on demand.

CALL AND DIVIDEND LIST Dividends— D UQ British Tobacco—pref., quart,, 6} ~T P- a - To-day Wellington Trust Companyfinal, 3 p.o To-morrow Trustees, Executors and Agency Co.—interim, 8 p.c Feb. 2 Com. Bank Aus.—lnterim, pref., 2 p.c.; ord.. 2J p.o Feb. 8 Christchurch Gas—final, 3 p.c. . . Feb. 3 Wellington Gaa—final, 8 p.o. p.a. Feb. 7 Auckland Gas—final, 2i p.o. ~ Feb. 7 N.Z. Insurance—interim, Is a share Feb. 8 Broken Hill South, int., Is ft share . . Feb. 10 Queensland National Bank—int., 4 p.c. p.a. Feb. 16

CallsEquitable Building (Wellington), £1 a share, making £6 paid, payable quarterly .. « . ITar.