STOCK EXCHANGES

New Zealand Herald, Volume LXXIII, Issue 22595, 7 December 1936, Page 5

STOCK EXCHANGES

SATURDAY'S SALES RETURN ON INVESTMENTS Following is fi list of Saturday's tiansaetions on the New Zealand Stock Exchanges and the yield at the quoted price. '1 lie exchange premium on dividends payable in sterling is included. Ihe yield on 4 per cent Government loans includes redemption, and is calculated to the earliest date, and on 3} per cent loans is for interest alone, covering only the tax-free period. AUCKI.AND F.xrWANr.F

THE MINING MARKET

MOUNT MORGAN DECLINE WAIHI INVESTMENT STEADY Mount Morgans declined still further in the mining market on the Auckland Stock Exchange on Saturday, transfers at 14s 8d and 14s 9d, representing a drop of 4d. More were wanted at the latter figure. Wailii Investments were steady at 12s 6d.

SATURDAY'S BUSINESS Following in a list of Saturday's transactions in mining shares on New Zealand Stock Exchanges:— AUCKLAND EXCHANGE Sale Price Rise or Yield ... .. £ 8 d Fall £ 8 d Mt. Morgan 014 8 -5d t Ditto . . 014 0 —4d t TVaihi Invest. 0 12 0 1 0 G CHRISTCHURCH EXCHANGE Sale Price Yield ~, T ~ •>- « d e s d Mt. Lyell .. .. 1 1(1 (j c 9 7 Mt. Morgan . . 014 8 t Ditto (3) . . oil 87 a t •DUNEDIN EXCHANGE Mt Morgan .. 0 14 0 t Ditto .. .. 0 118 t tlnterim dividend passed.

LONDON STOCK MARKET EFFECT OF THE CRISIS SEVERE SETBACK EXPERIENCED (.Received December 0, 5.5 p.m.) LONDON, Dec. 5 The constitutional crisis pave the stock markets, which generally have successfully resisted foreign political developments, their biggest setback for two years. With sterling weak, foreign holders sold considerably, especially giltJedgeds, on Wednesday. Tho atmosphere calmed somewhat on Thursday, tho lower prices resulting in a moderate rally, but tho market, while convinced of tho essential order of British constitutional forms, remained apprehensive of foreign and Imperial repercussions. Moreover, tho position in Spain is still threatening.

Business showed a little increase on Friday, but, in spite of tho better tendency, the chief operators were bar-gain-hunters and bears. Gilt-edged securities finished practically unchanged, and heavy industrials improved. SYDNEY STOCK EXCHANGE SATURDAY'S BUSINESS SYDNEY, Dec. 5 Sales on tho Sydney Stock Exchange to-day included:— £ s d Howard Smith . . .. 3 1 7Va Associated Newspapers .. 13 0 Australian Glass .. 4 6 0 British Tobacco .. 2 0 0 Broken Hill Proprietary .. 4 0 0 Ditto, new . . .. 3 8 3 Dunlop-Pcrdriati .. .. 0 17 0 General Industries .. 0 18 io% James Stcdman .. .. 0 17 3 Wincliroinhe-Cnrson .. 1 15 0 Commonwealth Bonds.—3% per cent, 1018, .COt 12s (Id; 3%. 1040, £'o7 17s (id; 4 per cent, 1038,« .CIO2 10s; 1011, £IOO 7s (id- 1050, £ 101 3s Od: 1053, ClOl lis 3d; 1055, £lOl 17s Od; 1057, £IOO 7s 0(1.

BRITISH TREASURY BILLS (Received December 0, 5.5 p.m.) British Wireless RUGBY, Dec. 4 The total amount applied for in tenders for £50,000,000 worth of Treasury bills this week was £67,900,000. The average rate per rent for bills at three months was 15s 9.73 d, against lis 5.29 d a week ago. BRITISH WAR LOAN (Received December 6, 5.5 p.m.) British Wireless RUGBY, Dec. -1 British War Loan, 3 J per cent, was quoted to-day at £lO5 lis 3d, compared with £lO5 10s on December 2.

S;tle Price Kiseor Yirld .C s d Fall £ s d Slk., 15/2/43-10, 4 . . . 101 10 0 — 5s 3 10 0 K.S. A A. Bk. r» in (t +0,1 3 '2 1 Bank X.Z. . •_> •_> 3 +:ni 4 11 8 West port-Slock. 0 1 North. Strum, 0 -i !> + 2d Con. Brick . o lo 10 — 3 13 1 1 Unofficial List.—Wool wort lis (Sydney), t£7 5s, i.7 Os WELLINGTON EXCHANGE Ktk.. 1 .->/«!/.VJ-oo, .J l(»:t 1(1 O 3 11 4 Broken IJill Ply.. 3 i s o 3 3 (I Ditto CO 3 in (i 3 3 4 Coloni;tl Sugar 13 o o 2 1S 2 (i. J. Coirs 1 ft (i *4 in 7 Ditto (2) 1 (> 0 *4 13 0 MiuDnlTs (|»f.) (,'l) 1 1 0 Also: (5. J. Coles (conlrib.), 5 Is. CHRISTCHURCH EXCHANGE Com. Bank Aus... o to 5 3 0 1 Ditto 0 10 '2 3 0 10 Xat. Bank X.Z. . . 3 4 3 3 16 10 West port-Stockton (2) 0 1 (1 Staples' Brewery . 1 17 0 *3 4 0 Dunlop-Perdriau (2) 0 17 7 5 14 '2 O. ,T. Coirs 4 (i v l) •4 13 0 X.Z. Kerrip. (£1 pd.) 1 0 5 5 7 0 Shillings, Ltd. 0 10 (5 Ditto 0 10 4 Also: Shillings, Limited, 10s ftd, . Unofficial list: Wool wort lis (Syd.l, £7 -Is, £' 7 5s. DUNEDIN EXCHANGE Bank X.Z. , 0 4 1 ."i 3 <:uaranice Corp. (2) 0 r, ;i ft 10 o Colonial Sugar .. 13 0 o '2 18 -2 •Based on interim dividend at rate per annum. UNOFFICIAL LIST Quotations on tho unofficial list, of the Auckland Stock Kxcliaiigc arc •— Buyers Sellers £ s d £ s d Srlfridees (Aust.), old isstir 110 0 lis 0 Ditto (new issue) 115 0 1 17 (i AVool wort lis (Sydney, ord ) 7 0 0 7 G 3

Closing quotations ■were: — Buyers Sellers £ s d £ s d Big River 0 '2 0 0 ■_> o Blackwater 1 13 0 Consol. Gold. 0 17 0 Gillespie's Beach 0 1 4 0 1 (1 Golconda Holdings o 1 0 Golden Or own 0 5 0 0 0 0 3 Gold. Dredg. 0 0 i 0 0 King Solomon *. 0 0 t! 0 1 O Komata Reefs . . 0 7 0 0 8 0 3 Martha 0 10 3 1 0 Mataki Gold Dredg. 0 1 (j 0 1 2 Mataki June. 0 1 » Molyneux Dredge o o 0 y.Z. Crown Mines 0 o o 0 •j 8 Skippers 0 0 3 0 0 4 'lalisman Diibbo.. 0 30 6 Waihi Invest. 0 32 3 0 312 30 Waihi Grand J-anc. 0 3 8 0 3 11 Australia and Fiji— Broken Hill South 3 17 f) G Kualti Kampar .. 0 IS Mount Lyell 1 315 0 3 j/j a 11 Mount Morgan .. 0 .14 0 o 14 I'lacer Development 4 1 7 0 G 0 o Rawang Tin 0 30 0 0 10 i)