STOCK EXCHANGES

New Zealand Herald, Volume LXXV, Issue 23044, 23 May 1938, Page 5

STOCK EXCHANGES

SATURDAY'S SALES RETURN- ON INVESTMENTS Following is a list of Saturday's transactions on the New Zealand Stock Exchanges and the yield at the quoted price. The exchange premium 011 dividends payable in sterling is included, and allowance is made for British income tax where necessary. The yield 011 1 per cent Government loans includes redemption. : - AUCKLAND EXCHANGE Sale Price Bise or Yield £ s d Fall £ s d Com. Bk. Aus. (pref.) . . 0 7 G Fanners' Co-op U'.">) 4 0 6 * United Bldg. (A kid.) . . 3 0 0 M.K. Mfrs. . 0 10 0 0 0 0 Taranaki Oil . . 0 S 10 +ld Also. —N.Z. Paper Mills* (rights). Is. WELLINGTON EXCHANGE Sale Price Yield Jc s U % £ s d Broken Hill Pty. (2) 3 1 3 4 18 Ditto .. .. a 0 0 4 2 4 Also: Stock, 15/13,/38«52, 3 Va, X"102 fis. Overseas list: Woolworths Holdings (South Africa), 10s. CHRISTCHURCH EXCHANGE Stk., 15/L>/13-40, 4 103 10 0 3 1) 5 Bank of A'asia .. }i 17 0 4 2 7 Broken Hill Pty. . ,3 0 0 4 28 Electro. Zinc .(pf.) 2 4 0 ti 14 10 (i. J. Coles (2) .. 4 3 3 *3 12 0 X.Z. Refrig. (10s pd.) O 8 5 6 10 8 Taranaki Oil (2) . 0 811 Ditto (2) . . 0 8 1.0 Woolworths (Syd.) 1 22 3 7 8 DUNEDIN EXCHANGE Electro. Zinc (ord.) 2 0 2 7 0 4 •Based on interim dividend at rate per annum.

THE MINING MARKET NO SUPPORT FOR BARRIERS ADVANCE IN TALISMAN DUBBO Continued weakness in metals and lack of support for Barriers were the only outstanding features of business in the mining market on the Auckland Stock Exchange on Saturday. Mount Morgans again were marked down on sale. Talisman Dubbo advanced in two transactions 6d higher than the previous business on Thursday. Closing quotations were: — Buyers Sellers £ s tl £ s d Alexander (con.) . 0 10 0 Argo .. .. 0 l s 6 C'lutha .. 0 2 1 0 2 6 Gillespie's Beach 0 10 Golden Crown .. 0 3 0 0 4 0 Komata Reefs .. 0 5 0 0 7 0 Martha .. .. 011 S> 0 12 0 Mataki Gold Dredg. 0 0 2% 0 0 4% Mataki Junction .0 0 4 0 1 2 Mossy Creek .. - ~ 0 12 Skipper .. . . 0 0 OVa Taiisman Dubbo .. 0 7 10 0 8 3 Wiuhi Invest, and Exploration . . 0 S 3 0 8 7 Waihi Grand June. 0 2 8 0 3 0 Australia and Fiji— Broken Hill South 1 10 0 Mount Lyell .. 14 0 15 3 Mount Morgan 0 8 3 0 8 0 North Broken Hill SATURDAY'S BUSINESS, Following is a list of Saturday s transactions in mining shares on Now Zealand Stock Exchanges:— AUCKLAND EXCHANGE Talisman Dubbo (2). 8s; Mount Morgan, Ss 3d. CHRISTCHURCH EXCHANGE Broken Hill South. 295, 28s lOd. DUNEDIN EXCHANGE North Broken Hill. 44s Od.

FOREIGN EXCHANGES FRANC REMAINS STEADY British Wireless RUGBY, May 21 The following rates on foreign exchanges are current, compared with the cabled quotations on May 20 and par:— May 21 May 20 Par Montreal, d 01... 6.00% 5.00% 4.80G New York, dol. 4.00% -1.110% 4.50 - Paris, fr. . . 177% 177% 170.00 Brussels, belga. . 20.50 20.50% 35.00 Geneva, fr. .. 21.74% 21.74/2 25.22 Amsterdam, gr. 8.07% 8.07% 12.10 Milan, lire .. 01% 04%, 02.00 Berlin, r.m. . . 12.30% 12.3(1% 20.43 , Stockholm, kr.. . 10.40% 10.40% 18.150 Copenhagen, kr. 22.10 22.1U 1b.150 Oslo, kr. . . 10.00 10.00 15.150 Vienna, sell. .. 20%t 20% t 31.585 Prague, kr. . . 112% 142% 101.2.> Helsingfors, mark 22(1% '-Mi/a 103.-3 Madrid, pes. .. 55t 25.221 Lisbon, escu. . 110%, HO"/i» 1.10 Athens, dr. .. 517 % 517% 375.00 Bucharest, lei... 077% Rio dc Janeiro, m. 2 ,J /i 6 d* 2 13 / l6 d o.SOOd Buenos Aires, pes. 18.00% 18.00% 11.45 Montevideo, dol. 2<»%dt 20/ 2 d+ 51(1 Bombay, rupee.. 17*% 3 d 17 2 % a d 18d Shanghai, d 01... lid I'd Hongkong, (101. 1 l%d 14/yl —- Yokohama, yen lid lid 24..>5d Batavia, gr. 8.0(i% 8.00% 12.10 Belgrade, din... 217 217 Warsaw, zloty. 20.37 20.37 43.38 rate. 'Sellers. NEW' ZEALAND QUOTATIONS The Associated Banks (other than the Bank of New South Wales) quoted the following dollar rates on Saturday, on a New Zealand currency basis, subject to alteration without notice: — Selling: United States Canada T.T. •• •• 3.08% 4.01 7 /,, On demand .. 3.08% 4.ol*yi« Buying: «-i3/ On demand . . 4.02% 4.00 /i«

Following arc the latest rates for purchases and sales of foreign exchange quoted by the Bank of New South Wales, Auckland. They arc subject to alteration without notice: Toil N.Z. T.T. On Demand Currency Sell i use Buying Sellintr U.S.A.. dol. . ■ 3.0820 4.0275 3.0800 Canada, dol. .. 4.0130 4.05.5 4.01, 0 Belgium, belga 23.000 23.08 a 23. Ml Czecho'vakia. cr. 113.00 •'J.'*''* Denmark, kr. . 17.803 18.203 1..800 Finland, Fin. ms. 1.0.23 18-j.JJ 1<0.3-5 France, fr. . . 340.04 Germany, r.m. . O SIM Greece, drachmas 420.54 i'-,;* Holland, n. .. 7.104 7.3.»4 v.JOS Italy, lire .. 75~0 i fl. •• 1 ''J Norway, kr. .. 10.M>2 I(>._l_ Noumea, fr. .. 130.00 J. ..J Papeete, fr. .. 130., I Sweden. Kr, .. 15-I'JO 1 f■ * J - 'A - '.J Switzerland, fr. 17.3/7 1 /./•>- 1/..18pence to— Chefoo dol. . . Nominal Hongkong, (101. isi3-(il lsi7-oi 18 43-01 India, rupee .. 22 25-01 22 .>-<> __ -•_>-«» J Ceylon, rupee . 22 20-04 22 <>-(> I__ _.>-(> l Japan, yen .. 17% }'/ 3 Manila peso . 30 _D 13-3- 30 Shanghai, dol. _ Singapore, dol. 311, -01 34<j-3_ 314.-01 The cost in New Zealand currency of the pound sterling, and of the principal overseas units, oil the latest quotations, is as follows: Present Price Par 8 (I S (1 London, pound .. 21 10.05 20 0.00 Australia, pound .. 10 10.SI 20 0.00 Fiji, pound . .. 22 5.00 20 0.00 New York, dollar .. 5 o.U 4 1.31 Montreal, dollar .. 4 11.0, 4 1.31 Paris, franc . .. »J 1.08 Berlin, reichsmark . 1 0.1.i O Copenhagen, krone . 1 1.112 1 IfYokohama, yen .. 1 5.11 - CUSTOMS EXCHANGE RATES Finally declared rates of exchange ruling at the date of departure of vessels named are shown in the following table: Port Montreal, Canada, dollars .. 5.02 Port Montreal, America, dollars . . 4.07 Port Wyndham, Canada, dollars .. 5.01 Port Wyndham, America, dollars .. 4.00 BRITISH WAR LOAN British Wireless RUGBY, May 20 War loan, 35 per cent, is quoted at £lOl 3s 9d, compared with £lOl 5s yesterday,