STOCK EXCHANGES

New Zealand Herald, Volume LXXVI, Issue 23394, 10 July 1939, Page 5

STOCK EXCHANGES

SATURDAY'S SALES RETURN ON INVESTMENTS Following is a list of Saturday's transactions on the Now Zealand StockExchanges and the yield at the quoted price. Ihe exchange premium on dividends payable in sterling is included, and allowance is made for British income tax where necessary, but no allowance is made for brokerage, nor are bonus dividends taken into account. I lie yield on Government loans includes' redemption. i

AUCKLAND EXCHANGE Sa to Price Rise or Yield ... ~, , ■£ s <1 Fall £ s d t oni. Bk. Aus. o to :i ,j 7 .i \v an , k •, IJS 1 ~ sd 5 5 \\ est port-Stock. (prcf.) .. Os 0 K ALI ' 1 ,s " l-iirnicrs 1 r;id. 0 is 2 -id 711 •. Ditto .. ois 3 J Do. (Bpf.) 0 l«i (j -id f, l.| 10 Henry Jones 214 0 +ts 311 1 A./.. Druse 3 S 0 Also.—§Hcnry Jones, sts; Woolworths Properties (rights), Is Sd. WELLINGTON EXCHANGE lhere was 110 call on the Wellington Exchange on Saturday owiug to the races. CHRISTCHURCH EXCHANGE Sal; Price Yield £ s d £ s d Com. Bank Aus. . (I 10 4 4 0 0 Ditto .. c Ki 5 4 0-1 §Bank N.S.W. . . 30 2 (> 310 S R'nion Bank .. 7 m 0 4 S s Electro. Zinc (pf.) 215 10 ft 7 5 Woolworths (Syd.) 14 1 312 S §Ditto . . . 14 3 3 12 2 DUNEDIN EXCHANGE Broken Hill Pty. 3 7 0 3 14 0 sSales completed after hours on Friday. UNOFFICIAL LIST Quotations 011 the unofficial list of! the Auckland Stock Exchange are: Buyers Sellers - £ s d £' s d National Tobacco l 17 o Smith, Wylie .. 0 10 0 0 13 Selfridges < A list.) 0 5 3 010 0 THE MINING MARKET EMPEROR SHARES FIRMER OTHER SECTIONS QUIET Firmer levels ruled for Emperor gold shares on the Auckland Stock Exchange on Saturday morning, two parcels changing hands at 10s 4d, an advance of 3d. Lolomas were also stronger on the levels. There was more inquiry for base metal shares, but littlo movement. Closing quotations were: Buyers Sellers £ 's <1 £ s d Big River . .. 0 0 5 Xsea here . . . . 1 - •> _ ~ Cluttia . . 0 13 r .2 Gillespie's Beach . o 0 So oio Goldfields Dredg. . —■ (l •' ;' 'i Grey Hirer .. <> IS 3 Maori Gully . . 0 0 0 Martha Of) , Mataki Gold Dredg. 0 l> 1 0 0 < ! >1 ntaki June. 0 0 3 Oil N.Z. Crown Mines 0 'J 0 —- Talisman Dubbo . 0 4 0 Waihi Investments Mossy Creek 0 13 Australia and Fiji— Broken Hill South 1 7 G 1 30 0 Emperor 010 3 010 0 j Loloma 14 0 15 0 Ml. L.vell . 1 T 0 ISO Mt. Morgan (ord.) 0 10 7 0 11 4 Ditto (pref.) 12 0 New Occidental (ex di v.) 0 8 0 North Broken Hill 2 7 0 210 0 Placer Develop. . :i 12 6 Rmvang 0 i 0 0 S 0 Triton 0 10 (i Wellington Alluvials 0 1 0 0 4 7

SATURDAY'S BUSINESS Following is a list of Saturday's transactions in mining shares on New Zealand Stock Exchanges:— AUCKLAND EXCHANGE Emperor, 10s -til (•_'). GOLD AND SILVER QUOTATIONS IN LONDON (lieceived July I), 5.5 p.m.) LONDON, July S Fine gold is quoted to-day at £7 8s Gd an oz., same as yesterday and Thursday. Silver is quoted at 16*d'nn oz. spot, and 16jd forward, compared with 172 d and 17d yesterday. The quotation for silver at per fine o■/.. yesterday was ISjd, compared with 18 13-16(1 on Thursday. PRICES OF METALS COPPER SLIGHTLY FIRMER LONDON, July 7 Following are to-day's quotations on the London metal market, compared with those of yesterday: — July 7 Julyii Per ton Per ton £ s d I' s d Coppe, stan., spot <l3 1 3 4:} 1 3 Copper, stan., 3 nios. 43 s iVa '3 7 0 Copper, electrolytic 40 0 0 4!) 2 0 to to 4S» 10 O 4!) 5 0 Copper, elect., wire bars . • ■ . 4!) 10 0 4!) 5 0 Lead, soft, spot . . 14 I<> lO'/a 14 I t -i l A Lead, soft, forward 14 1!) -I'A 14 IS IA Spelter, spot 14 f 4'/j I I 3 !i Spelter, forward . 11 8 l'/a 14 8 l l /a Till. Sinn., spot . 22!) 18 !) ——!' 17 <> 'l'in, stun., 3 inos. . 224 :lo 0 224 1 2 (! Quotations for other metals, with last week's prices in parentheses, are:— Pig iron: Home trade, £4 19s (£4 19s) per ton. Antimony: British. £7O 10s (£7O 10s); foreign, £SO (£sl*). Molybdenite. £2* (£2*) a unit. Wolfram, Chinese, £2 9s* (£2 10s .'3d*) a unit. •Nominal.

BACON CHAMPIONSHIP JUDGING IN LONDON Permission had been received by the Whangarei Agricultural and Pastoral Society from the Meat Board to ship the four highest scoring sides of bacon in the National Bacon Pig championship judged at the Whangarei Winter Show to London, where further judging will take place, on the English standard. It is not possible to export the sides frozen, so negotiations are being made to store the sides with ship's stores in the refrigerator of a liner. BRITISH TREASURY BILLS British Wireless LONDON, July 7 The total amount applied for this week in tenders for £50.000.000-' worth of Treasury bills was £6.'5.205.000. The average rate per cent for bills, three months, was 10s Bd, compared with 17s a week ago. j COTTON, RUBBER, JUTE, ETC. (Received July 0, (5.5 p.pi.) LONDON, July 8 (Quotations on July 1 in parentheses.) Cotton.—Spot, u.6d (5.62 d) a lb; August delivery, 4.Did ('1.86(1). Rubber—Para, 7gd (7j{d). a lb.; plantation and smoked, B.',d (SJd). .lute.— .ful.v-Augiist shipments, £22 15s (L' 22 7s 6d) a ton. Linseed 0i1.—£27 5s (£27 f. s ) a ton Turpentine.—iK3s (3Js) a cvt.