STOCK EXCHANGES

New Zealand Herald, Volume LXXVII, Issue 23594, 1 March 1940, Page 3

STOCK EXCHANGES

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

Sale Price Rise or Yield £ s d Fall £ u d Ak. Har. Bd„ nil ■'47, 4'/ 4 . . 103 0 0 ... 3 35 3 Com. Bk. Aus. 0 10 7 +ld 4 5 5 Ditto . . 010 0 E„ S. tA. Bk. 5 1 3 +3d 3 10 10 Bank N.Z. . 2 1 0 +ld 4 10 5 Ditto .. 2 J. -1 -1 d 4 10 ft N.Z. Insce. . 3 1 6 +3d 3 5 0 South British 2 9 6 Trad era' Fin. (con.) . . 0 3 2 l3 l 3 O 6 Auek. Gas (2) 017 O Do. (con.) (4) 0 11 ft Con. Brick . 0 9 3 G. J. Coles 4 0 0 —Od 4 13 2 §Tar. Oilfields 0 6 10 W'wths (Syd.) 1 5 O +3d 3 10 0 Also.—Broken Bill Pty., 53s (2). "Unofficial list: Selfrid|?es (N.Z.), 2s Od; Una Bill, Is Bd. WELLINGTON EXCHANGE Sale Price Yield £sd £ 8 d Stock, 15/3/40-43, 4 102 0 O 3 14 10 Do., 15/0/52-55 . 102 0 O 3 10 7 Bank New Zealand 2 12 4 37 2 §Ditto (D niort.) .1 0 9 5 12 2 §Bank N.S.W. .. 30 10 O 318 8 13., S. and A. Bank 5 10 4 0 0 SUnion Bank . . 8 2ft 408 Bartholomew .. o 13 0 7 5 5 Tooth's Breweries . 2 18 O *4 2 9 fCon. Brick (21 . . Oft 3 1010 2 |G. J. Coles .. 4 0 0 413 2 §Woolworths (Syd.) 1 4 ft 310 ft Also: §Bank New Zealand, 41s 2d; §Broken Bill Proprietary, 53s (2); {Bartholomew Timber, 13s ftd. CHRISTCHURCH EXCHANGE Christchurch Drainage, 31/12/03, 4% .. 102 0 0 4 2 0 §Bank N.S.W. .. 30 10 0 318 8 Com. Bank Aus. . . 0 10 0 4 5 10 E., S. and A. Bank 5 13 3 Ift 10 Nat. Insurance . . 0 19 O 3 Ift O N.Z. Refrig. (con.) 0 811 0 3 5 N.Z. Breweries (2) 110 9 *4 7 1 G. J. Coles .. 4 0 0 413 9 Macduffs (pref.) .. 0 13 11 §Taranaki Oilfields O 010 Woolworths (Syd.) 1 5 0 310 O Also: Broken Hill Proprietary, 53s 3d (2)» ditto (new), 52s Od, 535. DUNEDIN EXCHANGE N.Z. Bel'rig;. (con.) 0 810 0 4 7 Kaiapoi Wool .. 0 13 7 5 0 1 D.I.C 0 12 0 4 10 0 §Fai'mers' Fert. . O Ift 0 0 3 1 N.Z. Paper Mills . 110 0 413 4 Unofficial list: Macintosh-Caley-Phoenix, Bs. §Sales completed after hours on previous day. *Bascd on interim dividend at rate per annum. UNOFFICIAL LIST Unofficial list quotations are; Buyers Sellers £sd £ s d Assoc. Motor, (pf.) 10 6 A.F.F. (£1 pd.) . 0 1!) 9 Auckland Meat Co. 10 0 Atianiuri Timber (15/) Brit. Stand. Cement 0 oft 020 Citizens P.B.S. .. 0 ft 0 Clayton Arnold .. Drive Yourself .. 0 10 0 Electric Products . Entertaints. (N.Z.) 0 30 0 Hcllaby's (5, pf.) .10 9 Ditto (5%, pf.) . 1 1 3 Henderson <% Pollard 0 14 3 Industrial Chemicals O 10 ft Indust. Supplies . John Fuller,'4ft, 4 1 / a SO 0 0 00 0 0 Modern Shoes .. 0 8 0 National Tobacco . 1 32 0 N.Z. Woolpack . . 0 3 3 X.Z. Express (Ack.) 10 0 Palmer, Collins .. 114 0 22 0 Ovanix . .. Bayneon (pref.) .. 0 5 0 Smith. Wylie .. 0 0 0 013 0 Selfridcrcs (X.Z.) .0 2 0 Ditto (Aust.) . 0 110 013 0 Silknit .. .. 0 3 0 0 4 0 Una Hill .. 0 10 0 18 Waikato Times . . 1 O O Walker and Hall . Waikato Carb., 1/4/41 . . Oft 0 0 Whakatane Paper Mills (ord.) .0 3 3 0 4 3 Winstone . .. 037 3 —/

AUSTRALIAN DEALINGS INDUSTRIALS STRONGER BANKING GROUP WEAKER (Received February 20, 5.50 p.m.) SYDNEY, Feb. 20 On tin? Sydney Stock Exchange today some leading industrials showed signs of strengthening, in spite of the prospects of increased taxation and the war position. Weakness developed in the banking group. Sales included: —

£ a d Bank of New South Wales 28 0 0 Commercial Banking, Sydney 19 0 0 Goldsbrouph-Mort . . . . 18 0 Tooths Breweries .. .. 212 9 DiUo 2 12 6 Tooheys . . . . . . 18 0 Associated Newspapers .. 0 15 6 British Tobacco . . . . 2 8 0 Bkn. Hill Pty. (N.Z. dcliv.) 2 8 0 Burns, Philp . .. .. 2 13 0 Colonial Sugar . . 49 7 6 Electrolytic Zinc (pref.) .. 217 9 Woolworths (Sydney) .. 12 3 Arahura Gold .. .. 18 3 Kanieri . . . . .. 1110 MELBOURNE EXCHANGE £ s d Union Bank .. .. 7 2 0 A.C.I. 1 16 3 6. J. Coles . . .. .. 3 119 Herald and Times .. .. 2 17 0 Emperor .. .. .. 0 116 Loloma .. .. .. 1 12 2 Mount Lyell .. .. 1 12 9 Mount Morgan .. .. 0 10 2

SHAREMARKET INDICES New York Dow (Jones' averages (1926 equals 100) and turnover on the New York Stock Exchange are as follows:

Highest in 19,"19. —Railroads, .'Io.PO (September 27); industrials, 151.22 (September 12). Lowest in I!),')!): liailroads, 21.1-3 (April 18); industrials, 121.4 (April S). London Stock indices compiled by the Financial Times, London, are as follows

FOREIGN EXCHANGE RATES LONDON, Feb. 27 Foreign exchange rates are:—New York (dollar), '1,00;|; Montreal (dollar), 4.45; Paris (franc), 176g? Amsterdam (gr.), 7.545; Brussels (belga), 2.'}.775; Milan (lire), 77.75; Hongkong (dollar), 14 J5-16d; Shanghai (dollar), 4 Stockholm (kr.), 10.90; Copenhagen (kr.), 20.50; Batavia (fl.), 7.44 to 7.54; Oslo (kr.), 17.70; Geneva (fr.), 17.00; Bombay (rupee), l<Sd; Kobe (yen), 14 19-64 d; Buenos Aires (pes.), 17.175. A New York message quotes the sterling exchange rate at 3.94jJ dollars to LI. THE PRICE OF SILVER LONDON, Feb. 28 Silver is quoted at 20 7-16 d a standard ounce and 22 l-16d a fine ounce.

20 Rail :to Shares roads J tid list rials sold February 'Jt . .10.81 lis.at 780,000 February 'J.'i . :!0.<i2 I 17. <>">0,000 February '_'t ao.oa 1 1(1.72 380,000 Fcbrua ry '26 . ao.ii.'i 1 Hi. 11 •MO,000 February 27 . IttUiM 1 Hi. 17 rjio.ooo February 2S . ;?o..■>;< M (;.*>(» 070,(100

(October 15, 1D26, equals 100): — (iovt. Home Indusfiolfl securities rails trials mines February "JI .. 10!).."", ."><>.!) !)S.(i 180.0 February'-"J .. loo.5 57.0 !t!».8 INS.'2 February 'Si .. 100.it ;">(>. S 10O.L 15)0.3 February'JU .. loo.s oti.'J 100.7 100.1 February-J" .. 100.8 r> 5.!) 100.S 188.9 February 'J8 .. .100.8 ")(>.0 101.li 10 L.2