STOCKS AND SHARES

New Zealand Herald, Volume LXXVII, Issue 23791, 19 October 1940, Page 7

STOCKS AND SHARES

THE AUCKLAND EXCHANGE INSURANCE ISSUES FIRM Insurance issues provided the firmest section of the market, on the Auckland Stock Kxcliange yesterday. Support lor South British improved and other shares were strong. There was less inquiry for Government loans and in banks oilers were easier for New Zealands and 1 * nions.

Weaker tendencies predominated in other sections. Auckland (ias again fell and ground was lost in the hrewery section, several transfers of New Zealands taking place at weaker levels. Australian industrials, for the most part, were steady.

FOREIGN EXCHANGE Hosing telegraphic 'rates for purchases and sales of foreign exchange A nek IMm 1 on (ivrsciis centres yesterdav were supplied by tlie Hank ol Xew South Wales as follows: October IS Btiviug Selling T.T. T.T. New York: do), to £ . . 3.25 12 3.2050 Montreal: dol. to £ .. 3.(io.'i!) 3.5200 Greece: drachmae to £ Java: n. to C . . .. 0.1*7 fi.OOl Manila: pesos to £ .. 0.550 r.i4t2 llnnckone: pen re to dol. IS% 10 1-32 India: pence to ruppe 22 5-32 22 4iMil ('e.vlon: pence to rupee . 22 5-32 22 10 01 Shanghai: pence to dol. Singapore: ponce to dol. 34 41-64 35 11-GI Stll. At.: CS'A. i'S.A. too 123 12.', London: I'N.Z. £stpr. 100 121/7/0 125 Australia:,l'A. .CN.Z. 100 100/10/- 100 Fiji: £F. £N.Z. 100 .. ItO SS/12/6 QUOTATIONS IN LONDON LONDON. Oct, 17 Foreign exchange rates are:—New York (dollar), 4.0.1; Montreal (dollar), 4.45; Switzerland (fr.). 17.35; India (rupee). Is (Id; Houßkonif (dollar), 15d; Kobe (yen), 11' id; Shanghai (dollar). :t 51-(>ld; Argentine (peso), 17.015; Stockholm (kr.), 10.00. SIIA REMARKET INDICES London Stock indices compiled by the Financial Times, London, are as follows (October 15, 102(5, equals 100"): Govt. Homo Indus- Gold securities rails trials mines October in 110.0 MK.O S'J.4 107.0 October 1(1 110.1 ftS.O 82.4 1157.1 October 17 . 111.0 30.1 82.0 107.5 New York Dow Jones' averages (1920 equals 100) and turnover on tlio New York Stock Exchange are as follows: 20 Kail- 30 Shares roads Industrials sold October If. .. 2S.U I 131. IS 550,000 October II? .. 25.71 131.1)7 (100,000 October 17 . . 2S.SO 132.4!» 050,000

Highest and lowest in 19.'19. — Rails, 21.15; industrials, ir>1,22—121.4.

PUBLIC TRUST OFFICE

Estates of 11 t/iliip of £551 ,122 wore reported and accepted for administration by the Public Trustee during September, ■while 225 grants of administration were made by the Court. During tlio month (i!Hi new wills appointing the Public Trustee wore prepared mi behalf of testators and lodged for safe custody, and 391 existing wills were revised. SILVER ANI) TIN PRICES LONDON', Oct. 17 Silver is unchanged at 2M 7-l(sd a standard ounce and 25 .5-1 (>d a line ounce. The tin market lias tinned. Spot: Buyers, £258 5s a ton: sellers, £258 10s. Forward: Huyers, J_'2sS) 10s; sellers, £2(i(). MINING YIELDS Ngahcre (West Coast). —Fortnight ended October 15, a total of 3860z. from 145,343 yards in 238 hours.

CLOSING QUOTATIONS n uyers Sellers s (i L s d BANKS, INSURANCE AND AGENCY Com. Bk. Aiis. .. <1 1 1 in n l.% 1 Dilli) i prrf.) 0 0 u in n Kiir. Scot. Aiis. n n Xa 1. Bk. X.Z. .. ♦J n <; B;t nk X.S.W. •Js in o Bank Xew Zealand •j •j n >2 o <; I.)ilto (I) inort.) T s n I 11 0 1'nion Bank . . <; 1 .*» n 7 •J a Xiil. Insurance .. o is a 0 1!) :i X.X. Insurance .. 1 \ — CJueenslalid . . lo < t South British •j s n o n 0 Standard J nsnra nee •j IS a — On 1 wot v 7 ♦j 0 Dom. ami Bkf. . . 0 17 i) (I \S n K.A.C. (c.-,i I 1 o 1 r, n COAL, GAS, SHIPPING I'likciii i ro ('oa 1 ii t<; o n 18 o l.'enoun lord.) n in n 1 I a Taupiri (,ord.) I l .1 a o Ditto ipref.) l ti <; — Auckland (las n 7 in n s 1 Ditto (con.) n !» u a 2 Devon port Ferry . J •J 0 — Tiiid.-Parker lord.) — •j ia n I'. and O. (ilef.) — 7 i 0 TIMBER, TEXTILES. BREWERIES I.ey.'a nil-O'Brien .. 0 11 0 Xat'ional 0 8 0 Bonds Hosiery . . l 7 0 Fell and Textiles 1 <; — Ditto (rights) u 1 1 n o V2 n Ka ia poi — <> 1 i Diltn (con.) — n 0 n Manauatu Knit. .. 1 n 0 — Oaniarti 3 < t 0 1 3 0 Tnllersfield <; < > — Tiinarn n rj 0 — Wrlliiijrton (prrf.) , 7 o n — Yarra l"al!.« 2 i !> — Ballins O JO f; — Dominion Brew. 1 i* 7 1 in o X.Z. Breweries . . 1 l'J 1 l'J s Tooth's % 2 1 1 <; — MISCELLANEOUS

A.C.I. . 1 IK li •_> 1 3 British Tnliacro .. •_> •1 i; •j 1(1 !) Broken Hill I'ly. . Ii ii •j (i (i < olonial Sugar . . II 11 — ( on. Hrick (I 7 t (i 7 Tt Kleilrolytir Zinc . •j l :t (i — Ditto, rnrrT.> •J l r, ii 2 IS () Farmers' Trading . i) 1!) <i 3 0 3 C. .J. Colr.s II n — JM. and ('. (ord.). <i 1 t c .— Ditto (dob.) . . 0 It <] — New Aii' k. Laundry 0 7 G XDm- :< 1 1 0 — Ditto i rights) . t Ii in — X.'/,. Fertilizer I 1 a — Keid Kulir i 1 •">' I'd.) l II i; 1 r J 0 Ditto inrw issue) I I) (1 1 1 0 Tnranaki -Oil Fields ii "i ! 1 0 ft Ii Whittome-.Stevonsmi n til 11 —- Wilsons Cement . . n III II 0 10 n Wonhvortlis (X.7..) <i 1 !l 0 in 3 Ditto «|iref.l t in 3 — Ditto i Properties) 1 i !l 1 5 o Ditto (Sydney) . ii is - u IS 3 MINING C!ut ha o 1 <) f> o n Con. Coldrields ■—- o o Martha 0 7 3 1 — \Vaihi Invests. . . u a () 4 n Broken Hill South i ."i ii 1 n n F.niperor o 11 ii 0 11 (5 l.oloma t ■j — Mount I,yell . . I !l !) 1 in 0 Nit. Morgan Cord.) ii ! I ii (} s> (i Xortli Broken Hill l IT i) — N.Z. GOVT. LOANS

Bon.Is — I.V7/:i!l-11, .. « i ir» 0 — l.-./l/.V1-.Y7. li' ■„ . 101 0 (I — I .VI 1 ;:is-l 1, 101 o (I — l.vj l1 <;, 1 .. 1 O-J io O — Rural Bonds. 1.">/!)/17, 4 m 1 ? n () — Stork — l.VT/.'UMl. M .. !»0 1." 0 — I.Vi. 1 o I 0 1) 101 0 l i /:ts-u. :i'i 1 0 I (i 0 — 1') :t in- l.'i, 1 .. 101 ■j <> — 1 .-»/•_'/-i:?-l»i. -i .. 102 m 0 — 15/1'Hi-in, .( .. — not 5 0 11!l-.Y_\ -1 .. — 107 0 0 l.Vii'.Y.'1 .. — 107 10 0 31 >'.■»/.*> 1 1 .. — 10!) 0 0 1 o'fi'-ll- I:?, a' j . ini o — S.A.C., 1/0'-1-J. on o r> — DEBENTURES A.E.P.B.. 1 107 10 0 100 0 0 Anrktnml Har. Bil., HVC/.Vt, .'V, 100 r> 0 101 5 0 ITnuraki t'ty. C'nrl., 1 !l' Ki, 1 I-.", . . — 1 or, 10 o MaiiKomii. 1 I 05 . — 11C. 10 0 X c\v I ..Villi, 1 0 •"> 1 — io:t 0 0 (Horoliantra, 1 '.ViiO — 107 10 o Aut k. < las (perp.) 101 15 o —