STOCKS AND SHARES

New Zealand Herald, Volume LXXVIII, Issue 23860, 10 January 1941, Page 3

STOCKS AND SHARES

THE AUCKLAND EXCHANGE VALUES A LITTLE IRREGULAR Price movements tended to be slightly irregular on the Auckland Stock Exchange yesterday. Turnover continued to expand toward more normal proportions as a few more sellers came into the market. Improved support for short and medium term Government loans failed to attract holders but business was done in Auckland Harbour loans, ex interest, at a substantial premium. Banks were fully firm, but some insurance bids were fractionally easier, the market remaining bare of sellers. In the industrial sections breweries were a little stronger. lietail stores were active, late rates ruling for Farmers' Trading, while McKenzies showed a decline of Is on pre-holiday rates.

CLOSING QUOTATIONS

FOREIGN EXCHANGE Closing telegraphic rales for purchases and sales of foreign exchange Auckland on overseas centres yesterday were supplied by the Bank of New South Wales as follows: January 0 Buving Selling T.T. T.T. \>»- York, dol. to £ . . 3.'A\l2 3.2050 Montreal, dol. to £.. 3.0(M» r'.'wVi Java, fl. to £ .. o.l* < >\ H l , Manila, pesos to £ .. <>..»•>!> Yi, f•■>*> Hongkong, pence to dol. l*v ß c \; India, pence to rupee 22 o-3 -- Ccvlon, pence to rupee 22 o-32 __ -i.>'>4 Shanghai, pence to dol. -- Singapore, nence to dol. 31 41-04 3,> -ii-ih S. Af., £N.Z. £S.A. 100 123 London. i'N.Z. t'stg. 100 12-i /i/G 12.> Australia, £S. I'N.Z. 100 100/10/- 1«»0 Fiji. £F. £X.Z. 100 . HO bb;l2/i> QUOTATIONS IN LONDON LONDON, Jan. S Foreign exchange rates are:—-New York (dollar) 4.03; Montreal (dollar), 4.45; Switzerland' <fr.). 17.35: India (rupee) Is (id; Hongkong (dollar), 15d; Kobe (yen)-, 14% d; Shanghai (dollar). 3 0-10 d; Argentine (pesos), 17.015; Stockholm (kr.), 10.00. SHAREMARKET INDICES London Financial Times (1926 equals 100): Govt. Home Indus- Gold securities rails trials mines January 6 .. H 2.5 41.8 87.9 180.3 January 7 .. 1 12.4 <12.2 January 8 .. 112.3 43.2 t><.9 lb_.( New York Dow Jones' (1926 equals 100): — 20 Rail- 30 Shares roads Industrials sold January 0 .. 2s. to 132.53 720,000 January 7 . . 2S.MO 133.02 531),000 January 8 . . 25.7~> K53.02 010,000 Highest and lowest in 1030: Hails, 35.00 —21.15; industrials, 151.22—121.4. SHORT LOANS AND BILLS LONDON, January 8 Discount and short loan rates on the Loudon market, compared with those of June 20. when the last alteration was made, are: June 20 Jan. S p.c. p.c. Duv-to-day loans . . . 1 4 Fine trade bills (3 mtlis ) 2'-, to 3 2V-to 3 Bank bills t.3 mtbs.) .. 1 1-10 1 1-10 Bank bills it; mths.) . . P. 4 -Fa Treasury bills (2 mths.) 1 1 Trcasurv bills (3 mths.) . . 1 1 Call money in New York is unchanged at 1 per cent. SILVER AND TIN VALUES LONDON. Jan. 8 Silver is quoted at 23 5-10 d a standard ounce and 25 3-1 Od a fine ounce, against 23\,d and 25'.,d an ounce, respectively, on Tuesday. The tin market is steady. Spot: Buyers, £2.v; 10s; sellers. t'257. Forward: Buyers, £250 15s; sellers, x"_'GO. BIRKENHEAD GAS RESULTS A loss of £ISS is reported by the Birkenhead and Norihcote (".as Company. Limited, for the vcar ended October 31. Iliis compares with a profit of till in the previous year and a profit of 1723 in IO3S. Dividends "it the 7 and s per cent preference shares absorbed Csand a credit balance of ti22S is carried forward, against £2O4S bronchi in. No ordinary dividend has been paid since 1037. The directors report economies which, it is hoped, will show more effectively in "the current year.

Buyers £ s d Sellers £ s d BANKS, INSURANCE, AGENCY Com. Bank Aust. 0 14 6 Ditto (pref.) . . 8 17 o E., S. and A. . . 4 'j <; National of N.Z. ] 17 ft Nat. of A'asia (pd.) 12 o o Bank N.S.W. . . 20 0 O Bk. New Zealand 2 1 o Ditto (D Mort.) 1 7 <> National Ins. . . ft 18 3 New Zealand Ins. a 1 9 Queensland . . '2 12 o South British .. •_» <> <> Standard Ins. 2. is <; F.A.C. U'5 paid) 4 1 0 (!old-brough - .Mort I 4 0 Newt. King' (cum. pf.) ft 8 in N.A. Far. (B pref.) o 1 G 0 15 1 10 2 1 1 4) 0 0 ft 7 3 0 6 (3 0 6 COAL, GAS AND SHIPPING Grey Valley Coal Taupiri Coal . . West.-Stock, ford.) Ditto (pref.) Auckland <;as Ditto icon ) Devon port,v Ferry. . 0 5 1 O 0 2 0 5 O 7 0 2 1 1 0 9 3 3 3 ft 0 8 1 2 ft 3 0 0 0 8 ft 3 6 3 0 G <i U TIMBER, WOOLLEN, BREWERIES National Timber . Felt and Textiles Manawata Knitting Mosgiel Yarra Falls Dominion Brew. .. Ditto (pref.) N.Z. Brew. 'Swan Brew. 0 5 1 19 10 0 1 9 1 9 1 12 1 4 0 0 0 9 e 6 0 0 7 1 4 1ft 15 2 6 1 10 1 13 0 0 0 0 6 3 MISCELLANEOUS Aust. Alloy Steel A.C.I Ditto (con.) Berlci (N.Z.) British Tob. (pref.) Broken Hill Pty. Bycroft Claude Neon (N.Z.) Colonial Sugar . . Consol. Brick Cox Bros Dimlop-Perdriaii . . Farmers' Trading (5. J. Coles Hill and Plummer H.M. Arcade (pf.) McKenzie? M. fc C. (deb. stk.) M.K. -Manufacturers Morts Dock N.Z. Newspapers . Peters Ice Reid Rubber Mills Selfridges (A'asia) Wilsons Cement .. Woolwortbs (N.Z.) Ditto (Props.) . . Ditto (S.vd.) Ditto (W. Aust.) 0 6 1 10 1 4 1 10 2. 6 2 3 51 1ft 0 0 1 0 ft 10 3 5 1 0 2 3 0 15 ft G 0 18 1 12 0 12 1 2 ft 18 0 18 ft 14 1 4 ft 17 3 4 e 0 0 0 0 0 o 6 0 1 0 0 ft 0 0 6 6 0 6 3 0 0 0 0 7 2 0 3 10 2 7 2 3 1 1 53 0 ft 7 0 7 1 0 (1 10 3 9 1 3 ft 18 2 5 0 7 0 10 1 13 0 15 1 3 1 O 0 18 0 14 ft 17 3 9 6 0 0 0 G ft 0 ft G G 4 0 6 0 0 0 0 3 O 6 0 11 8 6 0 MINING Arahura .. . . 1 5 O ■— Clutha . . . . 0 13 0 2 Martha . . 0 G 10 0 7 Waihi Invests. . . — 0 4 Broken Hill South 1 5 0 1 <3 Emperor . . • ■ "110 0 12 Lolonu • ■ • • 14 0 — Mount Lyell . . 17 3 18 Mt. Morgan (ord.t 0 1ft 6 0 11 North Broken Hill — ~ ■*> Rawang . . ... 0 8 4 9 s ? Wellington Alluvials 0 4 3 0 4 N.Z. GOVT. LOANS 3 10 6 3 0 0 6 0 6 Bonds — 15 .'7 '30-11, 3 . . OP 1 ■ 0 15 2 '43-46, 4 .. 103 10 0 15/1/46-40, 4 .. 103 Hi 0 War Loan. 1/10/53 80 15 0 Ditto (f. paid) 80 lo 0 Stock— „ 15/7/39-41. 3 . 99 1. << 15/1/53-57 RV a . 101 15 0 15/3 40-43, 4 .. HO 10 O 15/2/43-10, 4 .. 103 12 <5 15/4/4G-10, 4 108 10 0 15/5/40-52, 4 .. 104 5 0 15'<»/5"-55, 4 . . — 15/0/41-43, 3 1 2 . 101 0 State Advances— 1 /0'.">5-<Ht. 3 s ; . — British War Loan. 1052, 3!l- • ■ — DEBENTURES 81 5 102 5 102 10 103 17 104 10 105 0 105 15 99 10 127 0 0 0 ft 6 ft 0 0 0 0 A.E.P.B., 15/6/59 A.H.B., 0/7/53 <ex int.! • . Do., 0/7/51 (e.i.) Citv Auck., 1/2/63 Gis'b. Bo., 30/0/61 j A. Brick (Wgtn.), 31'3'44, 6 .. ! Auck. Gas (perp.) 100 0 104 15 101 ] 5 107 0 98 5 0 0 0 U 0 10S 10 103 0 0 0