STOCK EXCHANGES

New Zealand Herald, Volume LXXVI, Issue 23504, 15 November 1939, Page 7

STOCK EXCHANGES

YESTERDAY'S SALES RETURN ON INVESTMENTS Following is a list of yesterday's transactions on the New Zealand Stock Lxchnnges and the yield at the quoted price, ihe exchange premium on dividends payable in sterling is included, and allowance is made lor British insome tax where necessary. The yield 011 Government loans and local body loans includes redemption and an allowance for brokerage. AUCKLAND EXCHANGE

WELLINGTON EXCHANGE Salo Price Yield £ s (1 £ sri Stk., 15/3/10-13, -1 99 5 0 4 5 1 Do., lu/2M3-<lO, 1 00 0 0 4 5 1 Nat. Insarance .. 0 17 7 4 5 4 Tooths Brew. .. '2 17 0 *4 4 2 Tar. Oil Fields .. 0 0 5 "Wilsons Cement .. 0 3!) 0 3 in 0 Woolworths (N.Z.) . 017 8 410 7 Also.—■§ Wilsons Cement, 19s; Mount Morgan, 10s 12). CHRISTCHURCH EXCHANGE Stk., 15/0/52-55, 4 OS 17 0 4 3 11 Com. Bk. Aus. (2) 0 10 4 4 0 9 Bank N.S.W. . . 30 0 0 -1 0 0 Ballins Brew. (15s pil.) 0 0 3 *0 0 0 Tar. Oil fields .. 0 0 0 Mt. Lyelt . .. 1 13 3 4 10* 3 Also.—Mount Morgan, 9s Sd; Grey River, 10s lid; §ditto, 10s lOd; SNgahcrc, 25s Od. DUNEDIN EXCHANGE Bds., 15/2/43-40, 4 99 10 0 4 3 4 Stk., 31/5/54-58, 4 OS 2 0 4 5 u Bank N.Z. . .. 2 10 4 17 7 Bruce Wool (ord. 1 ) 0 1G 0 0 5 0 N.Z. Nowspapers . 1 10 0 4 S 10 •Based on interim dividend at rato per annum. §Sales completed after hours oa the previous day. UNOFFICIAL LIST Alterations to quotations on the unofficial list yesterday were:— Buyers Sellers £sd £ s d Brit. Stand. Cern't (15s shares) ..0 2 0 Hellaby's, o P.c. pref. 10 0 12 0 Smith, "\Vylie .. 0 9 0 Selfridßes (Aust.) 0 10 0

AUSTRALIAN DEALINGS

liIMITED BUYING PRICES GENERALLY STEADY (Received November 14, 8.30 p.m.) SYDNEY, Nov. 11 There was limited buying inquiry on the Stock Exchange to-day, but prices generally Avere steady. Sales included; — £ 8 d

LONDON MARKET HEARTENED FIRMING IN GILT-EDGED LONDON, Nov. Mr. Churchill's speech heartened the Stock Exchange. Gilt-edged securities are firmer all round, although business is small. Mount Lyell shares are quoted at 20s 3d and Bulolo Gold at 93s Gd. TURNOVER IN NEW YORK BUSINESS AT A LOWER LEVEL NEW YORK, Nov. 13 Turnover on the New York Stock ' Exchange to-day totalled 600,000 stocks and shares, against 1,090,000 oil Friday. MOVEMENT IN STERLING NEW YORK ACTIVITY NEW YORK, Nov. 13 Sterling closed :<t 3.93 dollars to the pound. Dealings opened at 3.SBjj and reached a peak during the day at 3.9 G. LONDON EXCHANGE RATES LONDON, Nov. 13 Foreign exchange rates are: —New York (dollar) 4.002; Montreal (dollar), 4.45; Paris (franc), 176J; Amsterdam (gr.), 7.55; Brussels (belga), 21.350; .Milan (lire), 75.50; Hongkong (dollar), 14 63-6ld; Shanghai (dollar), 0 5-32 d; Stockholm (kr.). 1G.80; Copenhagen (kr.), 19.75; Batavia (11.), 7.44 to 7.54; Oslo (kr.), 17.60; Geneva (fr.), 17.875; Bombay (rupee), 18d; Kobe (yen), 14 21-32 d.

OPOTIKI BACON COiMPANY [nV TELEGRAIMl —OWN COItUKSPONDKNI] OPOTIKI, Tuesday A record year was reported by the chairman of the Opotiki Bacon Company, Limited, Air. T. <T. Palmer, at the annual meeting. A total of 2GSIJ pigs, weighing IISJ toils, was handled. There had been a slight increase in turnover, but in keeping with most manufacturing concerns overhead costs had shown a further increase. Small goods business had increased by 50 per cent, and, as a result, the directors had to make arrangements for further packing and cooling equipment. Dividends of 6 per cent, on both ordinary and jjreference shares, were paid. GOLD AND SILVER LOXDOX, Nov. in Gold is unchanged at £8 8s an ounce. Silver is quoted at 2,'s'kl an ounce spot and L'ojd an ounce forward.

Sale Priro Bise or Yield Stork, 15/1/53- £ s (1 Fall £ s d 57. 3y a . . 02 0 0 — 4 3 0 Nat. Bk. N.Z. 2 4 3 +3d 5 11 1.1 Bank N.Z. (2) 2 1 3 — 4 17 0 National Ins. 0 17 i> -3d 4 1 <1 Ditto .. 0 17 7 -5d 4 5 4 North. Steam. 0 3 3 — N.Z. Brow. . 1 10 1 Va +iy 2 d 4 14 1 Broken llill 4 2 0 -Kid 3 0 0 Ditto •1 2 (1 +3d 3 0 8 Con. Brick . N.Z. N'papers 0 S 11 1 13 0 1 10 0 — 8 10 Wwtlis (N.Z.) 0 17 0 — 4 10 2 Also.—Broken Hill Proprietary. 8'. .'s 7d; sditto, S2s Id : ITaranaki Oil Development (riKllts). a'/ad; Mount Morgan (ord.) , 10s. Overseas list: Woolworths Holdings (South Africa). 15s l)d.

Bank New South Wales 20 14 0 Huddart-Parker o 10 3 0 Australian Gas (A) .. 0 18 Tooths Breweries o 10 9 Tooheys 1 7 10 Felt and Textiles 1 1<1 0 A.C.I. 1 10 3 Ditto 1 10 4 Ditto (con.) 0 M 4 Associated News (pref.) 0 19 "Va Broken Hill Pty. 3 3 3 3 Ditto 3 13 0 British Tobacco o 9 0 Ditto (N.Z. delivery) .. o 9 0 David Jones 1 15 0 Dunlop-Perdriau (pref.) 1 14 lO'/a Drupr Houses 1 0 0 G. J. Coles 3 i) 9 Sargents 1 8 9 "\V. Adams 0 It 1 New Broken Hill ... 0 IS 11 Placer Development 3 13 0 Rawanjr 0 9 7 Kanieri 1 13 3 Commonwealth Bond?.—4 per cent, 1041. £102 5s; 1057, £102 7s 6d. MELBOURNE EXCHANGE Sales on the Melbourne Stock Exchange included:— £ s d Metropolitan Gas 13 8 0 A.C.T. 1 10 a Australian Paper Mfrs. (pf.) 1 3 0 Broken Hill Pty. .. .. 3 13 3 Drug Houses 1 0 0 Gordon and Gotch 2 7 0 Loloma 1 r> 0 Mount Lycll 1 0 0