STOCK EXCHANGES

New Zealand Herald, Volume LXXI, Issue 21937, 22 October 1934, Page 5

STOCK EXCHANGES

SATURDAY'S SALES RETURN ON INVESTMENTS Following is a list of Saturday's transactions on New Zealand Stock Exchanges and tho return from investment at the quoted price. Tho exchange premium on dividends payable in sterling is included in tho calculation of returns. Tho yield on 4 per cent Government loans includes redemption and that on 3i per cent loans is for interest alone and covers only the period for which the loans are tax-freo. AUCKLAND EXCHANGE

THE MINING MARKET NO BUStNESS RECORDED STRONG DEMAND FOR WAIHIS There were no sales in mining shares at the single call on the Auckland Stock Exchange on Saturday. Waihis agaiu improved, buying limits being raised by 9d to 36s 9d. However, holders again were silent. "Waihi Junctions and Broken Hill Proprietary were sought at lower levels. Closing quotations were: — Buyers Sellera »£sd £ b d Alexander (143 6d pd.) 0 16 0 Bell Hooper .. .. 0 0 6 Bfll-Kilgour .. .. 0 0 2 0 0 3 Big River .. .. 017 019 Brian Boru .. .. 012 015 Consolidated Gold. .. 0 1? G Gillespie's Beach .. 0 1 71 0 1 8j Golconda (lOd paid) 0 0 G 0 0 0 Golconda Holdings .. 0 18 0 111 Golden Dawn .. 0 2 3 Golden Point .. O 0 1| 0 0 2 Goldfields Dredg. .. 0 011 King Solomon .. 0 3 5 0 3 9 Koraata Reefs ». 066 073 Maerewhenua .. 0 0 • 7 Mahakipawa .. .. 0 0 10 0 0 11 Ditto (pref., 1929) 0 1 3 0 1 6 Ditto (pref., 1930) 0 1 2 0 1 6 Mataki Dredging .. 0 2 8 0 2 9 Moonlight Creek .. 0 0 2 0 0 5 N.Z. Crown Mines .. 0 3 0 0 4 0 Okarito . . .. 0 8 6 0 8 9 Skippers . . .. 0 0 51 0 0 01 Talisman Dubbo .. 011 0 011 6 Waihi .... 1 16 9 Waihi Grand June. 0 4 2 Broken Hill Pty. .. 212 3 213 0 Kuala Kampar .. 0 15 10 Mount Morgan .. 1 17 9 Kawang .» .. 085 090 SATURDAY'S BUSINESS Followiug is a list of Saturday's transactions in mining shares on New Zealand Stock Exchanges:— CHRISTCHURCH EXCHANGE Bendigo Goldlight, Is; King Solomon, 3a 7id (2); Mahakipawa, lOd; Skippers, Cd; Worksop Extended. 2s Old. •DUNEDIN EXCHANGE Nevis Diesel, 4id. FOREIGN EXCHANGES STERLING RATES STRONGER British Wireless RUGBY, Oct. 20 The following rates on foreign exchanges were current yesterday, compared with the cabled quotations on October 18 and par:— Oct. 19 Oct. 18 Par. Montreal, dol. .. 4.84% 4.84% 4.86G New York, dol. , 4.95% 4.93% 4.866 Paris, fr. .. 74%« 74%, 124.21 Brussels, belga , 21.07 21.02 35.00 Geneva, fr. .. 15.08 15.04 l / a 25.22 Amsterdam, fl. . 7.26 7.24 12.10 Milan, lire .» 57/,« 57% s 92.46 Berlin, r.m. '. • 12.21% 12.19 20.43 Stockholm, kr, . 19.39% 19.39'/, 18.159 Copenhagen, kr. , 22.40 22.40 38.159 Oslo, kr. .. 19.90% 19.90% 18.159 Vienna, sch, ~ 26% 2GVi 34.585 Prague, kr. .. 117%. 117% 164/25 Helßingfors, mark 22G% 226% 129.23 Madrid, pes. ~ 36 35 l % a Lisbon, escu. .. 110% 110% 110 Athene dr. .. 510* 510* 375.00 Bucharest, lei. .. 490 490 813.6 RiodeJaneiro.mil. 4%d* 4'/d* 5.899 d Buenos Aires, dol. 86% d* 3G%d* 47.619 d Montevideo, dol. 39% d* 39'% e d* sld Bombay, rupee . 18%„d 18% s d 18d Shanghai, dol. . 15% 0 d 15"/ l ed Hongkong, dol, . lO'Vtod 19%„d Yokohama, yon . 13 ts /i e d 13 a % a d 24.58 d Batavia, fl. .. 7.23 7.20 12.10 Belgrade, din. .. 214% 214 276.31 Warsaw, rloty .. •Sellera. (Received October 21, 5.5 p.m.) LONDON, Oct. 20 On the foreign exchange market today the following quotations ruled:— New York, 4.97£ dollars; Paris, 75 francs; Batavia, 7.27 florins. NEW ZEALAND MONEY ABROAD Current dollar exchanges as quoted by the New Zealand banks, are as under:— Dollars to £1 Sterling ' Buying Selling United States .. 5.03 4.83 Canada .. .. 4.92 4.72 Following are the latest rates for purchasos and gales of foreign exchange quoted by the Bank of New South Wales, Auckland. They are subject to alteration without notice: —•

T.T. On Demand To £1 N.Z. Currency Selling Buying Soiling France, fr. . . 59.33 G0.93 69.38 Noumea, fr. .. 58.58 61.98 58.(53 Papeete, fr. • .. 58.58 >61.98 68.63 Belgium, belga .. 1C.599 17.399 1G.814 Germany, r.m. .. 9.G02 Italy, lire .. 45.47 - 45.51 Switzerland, fr. .. 11.941 12.416 11.951 Holland, fl. .. 5.718 0.018 5.722 Java, fl. . .. C.702 5.977 5.706 N.Z. pence to •Tapnn, yen .. 17 1 % a India, rupee .. 22 a 22%, 22°/,, Ceylon, rupee .. 22% 22% a 22"/, Singapore, dol. .. 35% 34% a 35®',,, The cost in Now Zealand currency of the pound sterling, and of the principal foreign units, on the latest quotations, b as follows: —• Present Price Par 8d a d Australia, pound .. 19 10.81 20 0,00 Jjondon, pound .. ~ 24 10.50 20 0.00 New York, dollar .. 5 1.80. 4 1.31 Montreal, dollar .. 5 8.27 4 1.31 Paris, frunc .. .. 0 4.01 0 1.98 Berlin, reichmark .. 2 0.44 0 11.74 Copenhagen, krone .. 1 1.33 I 1.22 Yokohama, yen ~ .. 1 5.30 2 0.58 CUSTOMS EXCHANGE RATES Rates of exchange ruling at the announced dates of departure of the vessels named are shown in the following tabfe. They are subject to confirmation by tlie Customs Department whon the exact time of departure is learned on arrival of the vessels in New Zealand, "finally declared rates being marked*; — Wairuna, America, dollars .. .. 4.891 Armadale, America, dollars .. .. 4.99J (iolden Bear, America, dollars .. 4,95t Brisbane Maru. Japan, yen .. 14 l-16d Niagara, Canada, dollars .. .. 4.801 Canadian Challenger, Canada, dollar* 4.61 City of Delhi. America, dollars .. 4.921 Mariposa, America, dollars .. 4.93!

Return on Snle Price Investment Slock, 15/2/46, 4 , £ a d 109 7 I! X a 3 2 d Bank N.8.W. 32 5 0 8 2 0 Bank K.55. 2 8 G 4 2 r> Consolidated Brick.. 0 10 11 Colonial Sugar ,. Farmers' Trading . . 74 0 0 3 7 7 0 7 0 3 8 7 WELLINGTON EXCHANGE Stock. lfi/2/4(>, 4 .. ion io o 3 2 O Ditto, "15/0/55, 4 ,. 113 7 (5 3 4 1 Bunlop-'Pcrdriau 10 0 5 0 0 CHRISTCHURCH EXCHANGE Com. Bonk Aus. . . 0 IK 2 3 1 10 Reserve Bank (4) .. i; io (i 3 lt> 8 British Tobacco (4) 2 -2 0 2 17 Dittfi 2 2 1 2 17 0 Dunlop-Perdriau 10 1 4 19 7 N.Z. Refris. (10a pd.) 13) 0 0 6 5 5 3 Qnill-Morria (in liq,) (3) o a i Sun Newspaper* o a n DUNEDIN EXCHANGE National Elec. 0 8 H —