STOCK EXCHANGES

New Zealand Herald, Volume LXXVII, Issue 23601, 9 March 1940, Page 7

STOCK EXCHANGES

YESTERDAY'S SALES RETURN ON INVESTMENTS ]n the following list of yesterday's sales yields allow for exchange and British income tax where necessary and, in the case of loans, redemption and brokerage:— AUCKLAND EXCHANGE

Also.—Hank New Zealand, -lis 5d C2); Broken Hill Ply., 52a, .Vis lid, ">'2s fid, .VJs !)d, 52s lod, §Mount Lyell, :if>s -Id; Austral N.Z. Dredging, HOs <Jd. Unofficial list: John Fuller, HMO, 4%, Una Hill, Is id. WELLINGTON EXCHANGE Sale Prico Yield

51s JO'/jd CJ). CHRISTCHURCH EXCHANGE

■Also. —Broken Hill Proprietary, 51s Gd, 51s !»d (1). 52s (odd parcel); Austral N.Z., 30s < idj Mount Morgan, 10s lOd, 10s lid; New Kivcr, Od. DUNEDIN EXCHANGE

UNOFFICIAL LIST

AUSTRALIAN DEALINGS BRIGHTER TONE IN MARKET (Received March 8. 8.30 p.in.) SYDNEY. March 8 There was a brighter tone in the market to-day, due to the prospect of a coalition Federal Government, and the possibility of averting a general coal strike. Sales included;

SIIAREM ARRET INDICES New York Dow .1 ones' averages (1926 equals 100) and turnover on the New York Stock Kxehatige are as follows:

Highest in 1939. —Railroads, 35.90 (September 27); industrials, 151.22 (September 12). Lowest in 1939: Hailroads, 24.15 (April 18); industrials, 121.4 (April 8). London Stock indices compiled by the Financial Times, London, arc as follows (October 15, 1926, equals 100): —

FOREIGN EXCHANGE RATES LONDON, March 7 Foreign exchange rates are: —New York (dollar), 4.002;. Montreal (dollar), 4.45; Paris (franc), 1768; Amsterdam (fir.), 7.555; Brussels (belga), 23.775; .Milan (lire), 77.00; Hongkong (dollar), 14 15-lCxl; Shanghai (dollar), 4 5-32; Stockholm (kr.), 16.90; Copenhagen (kr.), 20.31; Batavia (11.), 7.44 to 7.54; Oslo (kr.), 17.70; Geneva (fr.), 17.90; Bombay (rupee), 18d; Kobe (yen), 14 27-6ld; Buenos Aires (pes.), 17.075.

MINING SHARES IN LONDON (.Received March 8, 5.r>6 p.m.) LONDON, March 7 Quotations for New Zealand mining shares are:—Clutha, buyers, 7}d; sellers, 10Jd; Molyneux, ljd and 4£d. NATIONAL MORTGAGE CO. LONDON, March 7 After contributing £4809 to the staff superannuation provident fund, the net profit of the National Mortgage and Agency Company of New Zealand, Limited, earned a net profit of £32,614 in the year ended September 30. After payment of a dividend of 5 per cent, requiring £17,078, the sum of £15,535 is carried forward, against £15,878 brought in. learnings show a marked recovery on the profit of £17,284 in the previous year, and £25,882 in 1937. The dividend rate is unchanged.

Salo Prico Rise or Yield £ s d Fall £ s d Stk.. 1.V2/4H•16. 1 .101 5 0 + 12s Gd 3 8 11 Do.. ir>/4/40*1!), 1 . . 102 10 0 + I0s 3 11 10 §Do„ jr./n/.i!)5'* 4 . 102 10 0 +Q.5S 3 ir> 3 SConi. Bk. Aus o 10 7 — 4 ,*> fBk. N.S.W. 30 0 - ">s 3 10 Bank N.Z . 2 1 4 +1 d 4 10 Ditto . . ■2 1. 0 +3d 4 10 South British o <) 6 — o 17 Ak. Gas (con.) odd lot . 0 12 6 — 5 ft 0 §Dcv. Ferry 1. 1 6 — 4 13 7 Howard-Smith 1 6 0 — 3 15 (! N.Z. Brew. 1 10 9 -—- *4 7 1 Tooths o 17 0 -is *4 4 o Brit. Tobacco •2 13 0 -Is 3 i r> 5 Byeroft (odd lot) 2 1 0 — 3 18 I §0. J. Coles 3 10 0 — 4 1 1 4 Bcid Rubber 1 4 0 — 4 1 S Tar. Oilfields 0 7 0 ■fid ■—- Wilsons CVm't 0 18 11 + 1(1 3 1ft 3 Woohvorths (N.Z.) (-) 0 16 9 — 4 15 (i Woohvorths (Syd.) (•_') 1 4 8 -Icl 3 11 0 Ditto . . 1 -1 7 -2d 3 11 o Mt, Lyell . 1 15 4 -2d 4 4 6

.c s d £ s (1 Slk., 15/2/1:5-10, 4 101 10 <) 3 7 7 South British •2 V (> 'J 17 a GoltlsbrouRli - Mori. 1 0 0 3 0 0 Guarantee Corp. . 0 3 11 7 8 11. Bonds Hosiery . . 1 7 0 7 8 'j, Kaiapoi Wool 0 115 0 4 18 li N.Z. Refri«-. ipaid) 0 10 0 5 11 4 N.Z. Breweries . 1 10 0 * 4 7 1 McKcnzics o 4 0 0 5 10 N.Z. Newspapers . 1 7 0 4 17 10 Wilsons Cement .. 0 18 11 3 10 3 Ditto . . 0 10 0 a 18 11 Woolworths (Syd.) 1 4 8 3 11 0 Also.—Broken Hill Proprietary 518 Gd,

" j tifij i?*^»!jii?^B?T'i'T7-^rT!^rT7^ririT'Tn

£ s d Bank of New South Wains. . 27 Id o Commercial Banking, Sydney Is 1 1 0 Dalircty and Company fi ir> 0 ■A.CM. 1 l(i 3 Associated Newspapers 0 15 !) Ditto (pref.) 0 17 10 Y, Broken Hill Propriclary .. 2 7 0 Ditto 2 7 <) Burns, Pliilp 2 13 0 Cash Orders 0 15 ioy, Colonial Sugar 4!) 12 (> •Electrolytic Zinc o 15 !1 Ditto fpref.) 2 17 0 O. J. Coles 3 11 0 Henry Jones o 1(5 3 Taranaki Oilfields 0 5 11 Taubmans o 8 6 Woohvorths (Sydney) T 2 1 MELBOURNE EXCHANGE C.oldsbrough-Mort i 7 10 n A.C.I. i 3 r> British Tobacco 2 7 Kmpcror 0 13 » Loloma 1 10 (j Mount Morgan 0 10 -

20 Rail30 Shares roads Industrials sold February 'JO . 80.18 ll(i..")l 080,000 March 1 . 30.1 1 1-IC.23 000,000 March 2 . ao.i t 1 10.33 270,000 March 3 . HO.40 1 10.43 400,000 March -1 . 30.CS 1 l(i.SS) 570,000 March r, . 31.01 t 17.07 SCO,000 March 6 . 30.01 148.32 000,000