STOCK EXCHANGES

New Zealand Herald, Volume LXXVIII, Issue 23879, 1 February 1941, Page 5

STOCK EXCHANGES

YESTERDAY'S SALES RETURN ON INVESTMENTS In 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 Sale Price Rise or Yield £ s d Fall £ s d Stk., 15/1/5357, 3% . 100 5 0 Do., 15/0/5255, 4 .. 101 15 0 +ss 3 J 0 0 Bank N.Z. (3) '2 O 10 -2d 4 17 4 Pukemiro Coal 017 o +is 517 7 N.Z. Brew. . 1 13 0 Bkn. Hill (2) 2 c 0 Gear Meat . 0 14 0 -Od 5 7 1 G. J. Coles 3 7 it Jtcid Rubber (17s lid pd.) 10 6 ... 4 10 7 Ml. Lyell . i » (i -od 015 6 Wellington.—War Lean, 1/10/53, £SI 7s Od; Inscribed Stock, 15/2/43-1 (i, 4, £lO3 17s (id; New Zealand Breweries, 335; Broken Hill Pty., 403 Od; N.Z. Drug (10s paid). 30s Od; Wilsons Cement, 19s; §l)itlo, 19s. Ciiristchurch.—lnscribed Stock, 15/1/53-57, 3Y 2 , £IOO ss; United Building, 20s Od (3); Dominion Breweries, 31s (2); Broken Hill Pty., 40s; Macduffs (pref.), 20s 2d; N.Z. j Drug (10s paid), 39s Od; N.Z. Paper Mills, i 31s; Woolworths (Syd.), 17s 9d. Dunedin.- —War Loan, 1/10/53. £'Bl ss; ' Inscribed Stock, 15/5/49-52, £104; Booth-! Macdonald (pref.), ss; Dominion Breweries, ! 31 s; fMcLeod Bros., £27 2s Od; National' Electric, 19s; New Zealand Paper Mills, 31s' 3d; Mount Morgan, lis Sd. •Based on interim dividend nt rato per 1 annum. §Sales completed after hours on the ; previous day. j AUSTRALIAN DEALINGS ! SYDNEY, Jan. 31 ! Sales on the (-Sydney Stock Exchange to-day included:—Tooths Brewery, 54» Od; Anthony i Hordern, 13s lid; A.C.I, (con.), 28s 3d; Broken Hill Pty., 45s Od; Cumberland Paper, 33s Od; Drug Houses, 283 3d; Mount Lyell, ; 20s Od. MARKET'S FIRM TONE j SHORTAGE OF SUPPLIES j BROKEN HILL ACTIVITY The week on the Auckland Stock ! Exchange has been of quiet but firm ! tone, there being no change from the character which has marked it since I the New Year. Buyers have shown | lively interest over a wide range of j securities, but holders generally have been reluctant to come on to the market, and business has been within , fairly narrow limits, with turnover j below average. This was partly ac- j counted for by the mid-week Auniver- j sary Day holiday. Offers have centred on gilt-edgeds and leading equity shares, with banks, insurances and front-rank Australian industrials prominent. ■ However, although they have been faced with consistent shortages of supplies, buyers have not departed from reasonable levels to induce holders to come forward. Values were mostly at late rates and very few losses were recorded. Bank of New Zealands eased 2d at the close of the week in face of pressure of offers. South "British Insurances regained the ground they lost at tho end. of the previous week, when sellers responded to buyers' interest. New Zealands maintained their firmness. Year Last This ado "Week "Week Bonds, 15/2/43-40, 4 . 103 Stock, 15/1/53-57, 3Y a 91% 100 100% Ditto, 15/4/40-49, 4 . 101% 103' i 103%* f Ditto, 15/6/52-55, 4 . 101 H 105t 304*4 Ditto, 31 /5/54-SS, 4 . 100% 105%* 100V.J War Loan, 1/10/53.. "Buyers. JSellers. Breweries again evoked widespread attention, but holders held out for the increased values obtained the week before, and business was at these rates. Among New Zealand industrials there was exploratory interest in fertiliser stocks, apparently due to the shelling of Nauru, but holders generally showed j little inclination to relinquish their scrip. Sales of Dominion Fertiliser, although 6d and Is below the price of the last sale —before Christmas —were at average 1940 levels. Australian industrials were again eagerly sought, with holders generally content with their investments. Australian Iron and Steel (pref.) and Morts Dock both made ground, the former returning to levels held before losses toward the end of last year, and the latter commanding the best price for 12 months. Broken Hill Proprietary began with the downward tendency noticed over the previous fortnight, but closed the week strongly as a result of the Reserve Bank's arrangements permitting New Zealand shareholders to take up their rights in the new issue.

BRITISH TRADE TOTALS HUGE IMPORTS FIGURE LONDON, Jan. 30 The return for British overseas trade in December shows imports of £73,57-1,985 sterling, compared with in November and £86.584.859 in December, 1939. Exports were £24.397,058, against £21,666,181 in November and £40,168,628 the previous December. Re-exports were £653.168, compared with £723,241 in November, and £2,501.577 in December, 1939. Total imports for 1940 reached £1.099.868.877 —the highest for more than ten years being nearly £70.000.000 sterling higher than the previous peak year, 1937, in that period. The exports total for 19-10 is the highest, at £413.084,205, since 1934, SILVER AND TIN VALUES LONDON, Jan. ISO Silver quotations have lifted slightly at 23). id a standard ounce and '-•> 1-I'Jd ;i fine Oil lire. Tin lias fallen further. Spot: Buyers, £25(5 a ton; sellers, i"_'so ios. Forward: Buyers, £257 ss; sellers, £2." 30s. K.D.V. BOXES DIVIDEND The directors of K.D.V. Boxes. Limited, have declared an interim dividend of 3 per cent, payable on February 14. Last year there was an interim dividend of 2 per cent and a final one of •! per cent, jo that the new dividend is at last year's rate. DOM IN lON IN VESTMENT An unchanged interim dividend at the rate of 5 per cent per annum, payable on February 'JO. has been declared by the Dominion Investment and Banking Association. MINING NEWS Austral N.Z. (West Coast). —Sf.fin* from 101.000 yards in 255 hours during 28 days to January '25. delay occurring in first fortnight for repairs and through power failure. RESULTS IN FIJI Emperor and Loloma mines (Fiji) produced 8200 fine oz of gold during the four weeks to January 25. Emperor treated 13.351 tons of ore for 4704 fine oz. Loloma treated 25,b tons for 3436 fine oz.

1040 Last This High Low Week "Week Bank X.Z. 41/40/10 Com. Bk. Aus. Nat. Bk. X.Z. 10/10 •10/0 13/6 15/37/-* 14/ 4 * 39/0+ Bank N.S.W.. . 612/6 500/5S0/-* 29/-* ■Union Bank . . 1 130/137/0* 137/0* Nat. Ins. 20/17/0 19/N.Z. Ins. <><>/- 53/9 03/0 62/6* South British.. Ak. Gas (10/-) 51 /- 0/0 43/7/4 50/3 7/1* 50/6 7/1* Pukcmiro 1(1/0 10/1 (>/-* IT/Dom. Brew. .. 30/27/4 31/31 /• N.Z. Brew. . . 39/0 20/10 33/A.C.I. •11/9 32/5 40/40/-* Bkn. Hill Yty. 50/31 30/3 45/0 40/42/-* Bycroft ■13/0 39/42/-* Col. Suear .. 1050/1045/-* Farm. Trail. .. 17/19/3 10/4* G. J. Coles .. S4/6 50/3 (!7/9§ 07/9 "Wilsons Cern... 20/10 1 'a 15/0 n s/9 19/"Wlths. (N.Z.).. 19/12/6 14/6 1-1/6 Martha 8/0 7/7/-* 7/1* ♦Bayers. JSellers. tEx bonus. §Ex dividend.