STOCK EXCHANGES

New Zealand Herald, Volume LXXVII, Issue 23770, 25 September 1940, Page 5

STOCK EXCHANGES

YESTERDAY'S SALES RETURN ON INVESTMENTS In the following list of yesterday's sides, yields allow for exchange and British income tax where necessary, and, in the case of loans redemption and brokerage:— AUCKLAND EXCHANGE Sale I'riro Rise or Yield i; s d Fall £ h d Bds., 15/2/4340, I . . 102 10 O ii O -1 Do.. 1 5/4/4040 -1 .. JOS 10 O +2s Cd 3 -I 1 Do.. 15/(1/52.V), -1 .. 107 0 0 Takapuna Boro., I/2/51, 3'/i I>7 15 0 ... 3 11 'J Bank X.Z. . , 2 •_> (5 +2d 4 .11 2 Nnl. Insco. (» IS 1) + 111 -1 0 0 X.Z. I usee. 3 0 0 -Is 3 <> . L L-'.A.C. (A i>f.) 1 « A.C.I. .. 1 IS <) +1 s (3d 3 13 3 Aii.s. Stcol (pf.) 1 (i 3 +.' id 5 11 3 Farmers' Trad. 1 O 3 (i IK 3 §Kadio (l!)3fi) 0 12 3 8 3 3 \V'ivths (X.Z.),

odd lot . 0 111 7 +1(1 '1 Hi (i Also. — Kltliam County, 31/7/00, V/ A , £100; Auckland (las Perpetual Stock, £lOl lr»s; New Zealand Drug (rights), 'J7s; Taranaki Oil Development, 3s 2d. Wellington.—Bonds, 15/0/52-55, 4, £107; 5-Stock, 31/5/54-58, 1, £lO7 ]ss; Eltliain County, 31/7/00, •!'/,, £100; Bank Xew Zealand, 'l2s lid (3); id it to, 42s .'id;' National Tlatik Xew Zealand, 40s; Goldsbrough Mort, 20s (2); New Zealand Refrigerating (con.), Us (id (2); Broken Hill Pty., Ids (id (2), 'His (2); Electrolytic Zinc (pref.), 53s (id; New Zealand Drug, 7-ls 3d; ditto (rights), 20s od (2); Taranaki Oil Development, 3S 2d; Argo, Sd.

Christchurch.—Stock, 31/5/5-1-58, 4, XIO7 17s 0(1; ditto, 1.-./2/13-1 (i, 4, £103; Bank New Zealand. 42s 3d; Sditto, 42s Id; New Zealand Refrigerating (con.). Its (id; New Zealand Breweries, 34s Od; Australian Iron and Steel (pref.), 20s 3d; British Tobacco, IMS 3d (2); Broken Hill Pty., 40s Od. 'los Od (2) ; New , Zealand Drug (rights), 275; Macduffs (ord.), 10s (id; SQuill Morris (1030). IDs; §Mount Lyell, 2Ss, 28s 3d; Grey River, 17s.

Dunedin.—National Bank New Zealand, 10s (2); Union Bank, £7; New Zealand Refrigerating (1*1), 20s Od, 20s lOd; ditto (roil.), !)s sd, !>s Od; New Zealand Drug, Vis; ditto (rights), 20s lOd (2); Macduffs (ord.), 10s Gd; .Mount Lyell, 2Ss. §Sales after hours on Friday.

BUSINESS IN AUSTRALIA STEADY LKVKTjS EXILING (Received September 21, S.no p.m.) SYDNEY, Sept. CI Most of the transactions on the Stork Exchange to-day were around late rates with business a lons rj 11 ie t Jines. Sales included: — Bank Australasia, £~ Us (id; Australian Gas A, £"> Ss; Broken Hill Pty., -lis (id; British Tobacco, -ISs !)d; Colonial Sugar, i'l7 10s; A.CI., a.'.s (Id; ditto (con.), 37s (Id (New Zealand delivery); David Jones, Ills Gd; Drug Houses, -J(is 7y 2 d: ditto. '_>Gs Gd (New Zealand delivery); Electrolytic,' Zinc, 51s (3d; Felt and Textiles. :!->s (id; Woolworths (Syd.), ISs Id; Woolworths (N.Z.). 10s (id; \Y. R. Carpenter, 37s (id; Placer Development, <s(>s; Zinc Corporation. Gts t)d; Broken Hill South, '2ss Id. Sales in Melbourne included: —Commercial Bank Australia, lis; Huddart, Parker, 40s fid; Dunlop Perdriau, ISs (id; "United Provisions. (is 3d.

SOUTH BRITISH BONUS PAYMENT OF 3D A SHARE FINAL DIVIDEND OF 9D A final dividend of 9d a share, plus a bonus of 3d a share, is to be recommended by the directors of the South British insurance Company, Limited, at tlio annual meeting of shareholders on October 21. Jf approved, tlio dividend will be paid the same day. An interim dividend of Sjd a share was paid in April last, thus the total distribution for the year ended August 31, including the bonus, ivill be ]s B.}d a share, equal to 17i per cent, against Is 5d a share, or 14 1-6 per cent, in the previous year.

TIIE CITY MARKETS LARGE SUPPLY OF CARROTS Supplies of cabbages and cauliflowers were heavy at the City Alarkets yesterday, with prices a little firmer. Very largGi quantities of carrots realised low* rates. New potatoes were in good supply and recent prices were maintained. Onions, kumara and lettuce were plentiful, but hnthol i.so beans and green peas remain scarce at very high rates. ]n the fruit section, apples and Peter Barry pears met a good demand. Prices were:

Fruit. —Apples, Granny Smith. Os to 10s a case; Delirious, 9s to 10s (ill; Sturmer. Ss to 10s; Tasma, 10s to 12s (id; pears, I. Barry, lis to 12s; tomatoes, hothouse, Is fid to 2s 3d per lh; tree tomatoes, new black, Ss to 1 Is a case; yellow, (is to its; marmalade oranges, ."is to 7s; srrapefrnit. New Zealand, choice, 7s to 10s; small. Is to »iS; lemons, according to irrade and count, (Js (id to 15s od a three-quarter bushel. Field Produce. —Asparagus, Villi bundles, (id to Sd a bundle; lib bundles. Od to Is lid a bundle; beet, (Id to Od a dozen; celery, cooking, (id to fid a bundle; dessert. Is to 3s .'id; carrots, 2s to 5s a bag; or (id to 10(1 a dozen; cauliflowers, -Is to 7s (id a suck; on benches, 2s to -Is a dozen; cabbages, 2s to 5s (id; a suck; on benches. Is to 2s a dozen; cucumbers, hothouse, 10s to 12s; beans, hothouse. Is (Id to 2s 2d per lb; irreen ncas, Is to Is ltd; kumaras, Island. <l«l to V/jl; Taurantta. (is to Ss (id a bas; leeks, 3d to -Id a bundle; lettuce, 3s to 10s a case; onions, choice, firms, (is Od to Ss a bag; medium, Is to 5s Oil; potatoes, Southern, r>s to (is per cwt; Ohakune, 3s 3d to is a h.-lg; new, 2d to 5d per lb; pumpkins, choice Triumnle, ISs to 25s a sack; medium. Ss (id to 12s fid; parsnips, .'is to (is (td a bag; or. !>d to Is 3d a dozein; radish, Od to ltd; rhubarb. 2s fid to 'ls (id; spinach, !Kl to Is (id; spring onions, (id to Is a bundle; swedes. Is (id to 2s Od a has; turnips, (id to ltd, a dozen; brussels sprouts, Od to Od per lb. Poultry.—Cockerels, heavy breeds, not prime, 3s (id lo 4s (id each; light breeds, prime, Is to ss; not prime. 2s to 3s; fat hens, heavy breeds, 4s to (is; light breeds. 3s to Is; drakes, young, prime, Is (id to ."is; ducks, young, 3s to Is; day-old chicks, 8.0., 2d; L., unsaleable.

Eggs and Butter. —Eggs: Hen and duck, standard grade. Is <>M,d a dozen. Farmers' butter, Is to Is 2d per lb.

FOREIGN EXCHANGE

Closing telegraphic rates for purchases and sales of foreign exchange Auckland on overseas centres yesterday were supplied by the Bank of NowSouth Wales as follows: — September 21 Bn.vinn lling: T.T. T.T. New York: do!, to £ .. 3.2512 3.2050 Montreal: dol. to £ .. 3.00:19 3.5200 Greece: drachmae to £ Java: fl. to ,C . . . . 0.187 n.OOt Manila: pesos to £ .. 0.550 (i. 112 TlouKkonsc: pence to do!. 18% 10 1-32 Tndia: penre to rupee . 22 .V.12 22 40-01 Ceylon: pence to rupee . 22 5-32 22 10-01 Shanghai: penre to dol. -01 Singapore: pence to dol. 3 1 11-01 35 11-01 Sth. Af.: (0.V.7,. fS.A. 100 123 12.'. London: ?X.Z. £sttr. 100 121/7/0 12.'. Australia: £A. i'N.Z. 100 100/10/- 100 Fiji: £F. £N./„ 100 .. DO 88/12/0 QUOTATIONS IN LONDON LONDON. Sept. 23 Foreign exchange rates are:—New York Cdollar), -1.03; Montreal (dollar), -I.Switzerland (fr.). 17. i 0; India (rupee). Is fid; TTonifkont? (dolliii), 15d; Kobe (yen), M'.d; Shanchai (dollar). 3 33(11(1; Argentine (peso), 17.01.-i; Stockholm (kr.). 10.00; SIIAREMARKET INDICES London Stock indices compiled by the Financial Times. London, are as follows (October 15, equals 100): Govt. Homo Indus- Gold securities rails trials mines September 18 I 10.0 37.0 70.1 101.0 September ID 110.1 37.0 70.1 i0r.,0 September 20 H 0.2 30.8 78.8 105.1 New York Dow .Tones' averages (ID2O equnls 100) and turnover on the New Year Stock Kxchange are as follows: — 20 Hail 30 Shares roads Industrials sold September 20 28.27 131.01 380,000 September 21 28.45 132.15 200.0(10 September 23 20.02 135.10 980,000 Highest and lowest in 1939. —Rails, 35.90—2L15; industrials, 151.22—121.4.