STOCKS AND SHARES

New Zealand Herald, Volume LXXVII, Issue 23760, 13 September 1940, Page 3

STOCKS AND SHARES

THE AUCKLAND EXCHANGE VALUES GENERALLY STEADY While slight weakness was evident in some issues, the trend was by 110 means general on the Auckland Stock Exchange yesterday, and the tone of the market was firmly steady. Government loans were more active. Banks retained their strength. Both New Zealand and South British Insurances were in keen, demand and changed hands freely at the ruling improved rates. There was some easing in values for breweries. Most of the leading Australian industrials showed a slight downward trend, but Colonial Sugar and A.C.I, were exceptions. New Zealand issues were fairly active, with an advance in Farmers'' Fertilizer.

CLOSING QUOTATIONS Buyers Sellers £' si d £ S (1 BANKS, INSURANCE AND AGENCY Coin. Bank Aus.. 0 14 0 0 15 0 Ditto (pref.) . . 812 0 9 5 0 Com. Bkg., Sydney 18 0 0 F,., S. and A. Nat. Bank N.Z. . 1 1!) 0 Bank N.S.W. . . 20 10 0 Bank X.Z. . . 22 3 22 6 Do. (D Mortg.) 18 0 10 3 Union Bank . . 0 12 6 National Ins. .. 0 18 4 N.Z. Insurance .. 8 1 3 3 2 0 South Brill->i .. i> y O 12 10 0 DOlll. I. 0 10 (j 0 17 0 F.A.C. ( . 8 12 0 4 1 0 Ditto 1 1 0 Dill. .) 1 1 0 Newton .) 0 0 0 0 11 0 . GAS, SHIPPING Renown , . . 0 10 0 0 12 0 Ditto (|»r. > .. 0 2 0 Taupiri Coal .. 10 0 12 3 Ditto (pref.} 13 0 West port Coal .. 12 0 Auckland (las .. 0 8 1 0 8 3 Ditto (con.) . . 0 3 0 Devonport Ferry . . 110 I'. & 0. (def. stk.) TIMBER, TEXTILES, BREWERIES Kauri Timber .. 110 L.-O'B. Timber .. 0 13 0 Bonds Hosiery . . 10 0 Kaiapoi (con.) . . 0 4 0 0 0 0 Doni. Brow, (ord.) 1 10 0 1 11 0 N.Z. Breweries 13 10 1 15 9 MISCELLANEOUS A.C.I 1 10 3 Ditto (con.) . . British Tobacco . . 2 5 0 Broken Hill Pty. . 2 5 3 Bycroft . . . . 2 0 0 Colonial Sugar . . 50 0 0 50 10 0 Con. Brick ..072 079 Dunlop - Perdriau (pf.) (ex div.) 1 10 0 1 14 0 Elect. Zinc. U>f.) . 2 10 0 Farmers' Trading . 10 3 10 0 Ditto (A pref.) 110 Ditto (B pref.) 110 Gear Meat . . 0 14 0 G. J. Coles . . 3 4 0 1.C.1, (pref.) 110 M. & C. (deb. stk.) 0 13 0

Ditto (B pref.) 12 0 New Ak. Laundry 017 O 019 0 N.Z. Drug (rights) 15 7 N.Z. Farm. Fert. .10 9 116 Ditto (pref.) . . 110 N.Z. Newspapers .10 0 N.Z. Refrig. (con.) 0 9 0 Reid Rub. (new) . . 10 0 1 1 (! Taranaki Oil Dev. - 0 3 4 Taranaki Oil Fields 0 0 1 0 7 0 Union Oil. Soap .15 0 Wilsons Cement . . 0 19 5 0 19 6 Woolworths (N.Z.) 0 1(5 4 017 0 Ditto (props.) . 1 4 (5 15 0 Ditto (Sydney) . 017 8 018 3 MINING Blackwater .. Clutha • • • • 0 0 10 0 2 0 Coil. Goldfields . . 0 10 0 Martha . . 0 7 3 0 7 8 Broken Hill South 15 9 1 6 3 Emperor 0 10 9 0 11 0 Mount Lyell 10 0 1 8 0 Jit. Morgan (ord.) 0 8 0 0 8 2 N.Z. GOVT. LOANS Bonds—--15/7/30-41, 3 . . 00 15 0 15/1/53-57, 3Vi • 100 0 0 15/11/38-41, 3 3 / i 100 15 0 15/2/43-10, 4 . . 1.02 2 0 102 10 0 15/4/10-10, 4 . . 105 5 0 100 10 0 15/0/52-55, 4 .. 100 15 0 10/ 5 0 Rural Bonds — 15/0/47, 4 .. 101 0 0 Stock — n 15/7/30-41, 3 . . 90 15 0 15/1/53-57, 3/a . 100 0 0 15/11/38-41', »V* MIO 15 0 —- 15/3/10-43, 4 . . 102 15 O 103 10 0 15/2/13-10, 4 .. 102 10 0 15/1/10-10, 4 . . 105 5 0 15/5/49-52. 1 . . 105 10 0 15/0/52-55, 4 .. IOT O O 107 o O 30/11/48. 4 .. 101 0 0 31/5/54-58, 4 .. 100 lo 0 S 'l/0/14, 3V4 •• !,!l 0 £ 1/0/55-00, 3% . OHIO 0 DEBENTURES A.E.P.8., 15/0/50 107 lo 0 100 0 0 ARB 10/0/51 .. 105 0 0 110 0 0 Ditto, 10/0/59 . 107 0 0 100 10 0 AT B ° 4> /<>/iJ) • . 0 108 0 0 Aicic:: 1/1/14-59. 103 10 0 101 10 0 Mangonui, 1/4/05 . I '; c Northcote, l/S/00 . 1 !» 0 New Lynn. 1/0/51 Abraham - Williams Bi> o u Amal. Brick (Ak.), 1/3/4 1. 0 .. 100 0 0 Ditto (Wgton.), 31/3/44 0 .. 102 10 0 Auckland Gas . . 101 10 O 102 0 0 Gisb. Sheepfarmers, „ „ 31/8/41, O'/j • 00 0 0 Renown, 1/3/51, 0 100 0 0 Williamson Picture, _ 5/6/10, 7/i ..

FOREIGN EXCHANGE Closing telegraphic rates for purchases and sales of forcijzn exchange Auckland 011 overseas centres yesterday were supplied hv the Bank of New South Wales as follows: September 12 Buving Selling T.T. T.T. New York: del. to £.. 3.2512 3.2050 Montreal: dol. to .C 3.0030 J" Greece: drachmae to £ - i l -;, Java- 11. to (.' .. r.AfU 0.0(4 Manila: pesos to .C 0 .>..0 ,'i Hongkong, pence to dol. 18% IIndia: pence to rupee 22 o-32 -> Ceylon: pence to rupee . 22 .>-32 224.)-01 Shanghai: pence to dol. -,,,., Singapore: pence to dol. 34 11-01 3,>11-01 Stll A f.: .CN.Z. t'S.A. 100 123 125 London: CN.Z. .'Jstg. 100 121/,/ i 12.» Australia: .CA. .CN.Z. 100 100/10/- IIH Fiji: CF. .CN.Z. 100 .. 00 88/12/0 QUOTATIONS IN LONDON LONDON. Sept. 11 Foreign exchange rates arc:—New York (dollar), 4.03; Montreal (dollar), 4.45; Switzerland (fr.). 17.70; India (rupee). Is <>d; Hongkong (dollar), II 03-0 Id; hobo (yen), 14V.i1; Shanghai (dollar), 3'/ a d; Argentine (peso), 17.015; Stockholm (kr.), 10.00. SIIAREMARKET INDICES London Stock indices compiled by the .I*inaiieial Times, London, are as follows (October 10, 192(3, equals 1001: Govt. Home Indus- Gold securities rails trials mines September 9, 1 lO.'l 35.7 SO.O 109.0 Septembei 10 . 100.8 38.1 70.4 105.2 New York Don- Jones' averages (1926 equals 100) and turnover on the New York Stock Exchange are as follows: — 2()Rnil- 3(1 Shares ~roads - Industrials sold September 0 . 28.27 120.73 500,000 September 10 . 28.12 120.01 360,000 Sci'teniber 11 . 28.00 120.71 510,000 Highest and lowest in 19.'30. —Hails, 35.90—21.15; industrials, 151.22—121.4. CALL AND DIVIDEND LIST Dividends — u0 D. and W. Chandler—int., pf., 3 „" To-day W'wths (W.A.)—int., ord., 7'A p.c. Sept. 15 Milbura Lime—final, 5 p.c. .. Sept. 17 Electro. Zinc—filial, ord, and pi., S p.c. Sept. 20 N.Z. Drug—int., "3% p.c Sept. 20 Howard Smith—int., 2 p.c. .. Sept. _•> K.D.V. Boxes—final, 4 p.c. .. Sept. 20 Bank A'asia—lnt., 3s Od stg. (less Brit. inc. tax 5s (id Jn £l).. Sept. -I Auck. Farm. Freez.—(l p.c. . • Sept. 2< Cox Bros. —filial, pf., li'/a p.c.; ord.. 5 p.c, . . . . . . Sept. 30 Dunlop-Perdriau—final, pf., 5 p.c.; nrd.. !l'/j p.c. . . . . Sept. 30 British Tobacco—Quarterly. 2 p.c. Sept. 30 Gen. Industries—int., pf., 3'/» p.c.; ord.. 5 p.c. . • Sept. 30 United Bldg. (Chch.)—lnt., Od .. Oct. 1 Felt and Textiles—final, 5 p.c. . . Oct. 1 W'wths (N.Z.)—final, pf., 0 p.e. p.a., less tax , . .. Oct. 15 Woolworths (Syd.)—int., 6 p.c. . . Oct. 15 W'wths (Vic.)—int., pf., 3% p.c. Oct. 15

Shares are quoted ex dividend on the business day after the closing of transfer books for the payment of the dividend.