STOCKS AND SHARES

New Zealand Herald, Volume 78, Issue 24050, 22 August 1941, Page 3

STOCKS AND SHARES

, THE AUCKLAND EXCHANGE a SOUTH BRITISH RECORD Although firm levels were maintainet 0 ill business transacted on the Auek land Stock ICxcliango yesterday clealin« 1 whs much qnieU'r and the murke . showed an easier tendency at the closi i ol tlie day. The war situation lias in creased hesitancy and sellers, particu l<nl\ ot Australian issues, were inclinec to make small concessions. Insurance: "ere in strong demand and Sout-I • British advanced to a new high love at oUs. CLOSING QUOTATIONS Buyers no II its .t s d X' s {i BANKS, INSURANCE, AGENCY Australasia .. 813 o v Com. ot Australia ull a Ultto (pref.) . . 9 O 0 -0111. (it hi.vdiicy . 17 jr. O 10 O o b., b. and ,\. bank .1 o o 1 .National of X .Z. . tHi y Ha ii k A.B.W. 'js o it ■x i .i i. batik .\./.. , . ]Hi 3 ~2 T 0 Uitto 11) morl.) 1 10 0 1 union Bank .. 3J 5 o Nat. Insurance .. o m 5 OJu 10 JV Insurance .. 3 n u 3 7 9 Queensland t2 o south iirnisli .. •_> i.~ o 017 n Standard . . . . •_> n, u ~tl Dom. in v. Ji Bkg. As. 0 18 3 I<-AC. I i."l paid) 1 ti O 412 0 Ditto (A;2 paid) i 5 9 Ultlo m paid) 013 <J OJO 0 (.•uiUsbruugli Xlort. . A'ewton- Kins? (pf.) 011 0 ul2 0 A./.. Jamn and Mere. 31 00 traders Fin. icon.) u 3 U 0 3 2 United Bld£. <Ak.) o 18 0 COAL; GAS, SHIPPING Ptikeimro . . .. 0 13 3 0 jj, 0 henonn (ord.) .. 0 9 3 JJitlo (pref.) .. 0 ti Tatipiri (ord.) 1 o Auckland Gas . . 0 U 4 Ditto icon.) .. 0 2 0 0 3 a Hud.-Parker (pref.) 1 ti 0 -Northern sitca 111. .oil Ditto (con.) .. 0 0 7 0 oto P. and O. (def.) 1 11 o 1 15 6 TIMBER, WOOLLENS, BREWERIES Leyland-O'Brieu . . 015 0 018 0 National .. .. 0 ti 3 0 7 ti Parker-Lamb .. 0 0 (i Felt and Textiles .22 0 2 4 3 Katapoi (paid) . . 010 0 Ditto (con.) .. 0 3 6 Mariawatu Knitting' 13 6 15 0 -Yarra Falls .. 2 3 0 Dom. Brew, (ord.) . 1 9 0 111 0 Ditto tpref.) .. 1 si o Innes (ord.) .. 0 18 0 Ditto (pref.) .. 0 I!) (> N.Z. Breweries .. lit !) 1 Hi 0 Toohey's .. .. 1 9 0 1 11 0 Tooth's . . . 2 113 2 16 0 MISCELLANEOUS A.C.I. .. 2 9 0 2 10 0 Aiis. Gypsum . - 0 17 0 British Tobacco . . 2 6 0 2 7 0 Broken Hill Pty. . 22 3 22 9 Bycroft . . . . 2 3 3 Colonial Sugar .. 51 10 0 Consolidated Brick O 7 I 0 8 0 Cumberland Paper 1 12 0 1 14 6 Doaaghy's Rope . trights) .. 0 14 » Dunlop-I'erdriau (C pref.) . . 1 14 0 1 13 0 Electro. Zinc (pf.) 215 0 2Hi 6 Farmers' Trading 1 113 11 7 Gear Meat . . 0 13 3 G. J. Coles . . . 3 5 0 3 3 3 Hill and Plunimer 12 0 1.C.1, (pref.) .. 14 0 K.D.V Boxes . . 0 7 10 MacdufTs (pref.) .. 0 lit 0 10 0 M-K. Manufacturers 0 5 .2 0 5 3 MortS Dock . . N.Z. Drug . 3 18 0 N.Z. Farmers' Fert. 0 1!) ."J 10 0 N.Z. Refrig. .. 0 18 3 Peters Ice (N.Z.) 013 9 015 0 Reid Rubber . . 15 0 Ditto (10s paid) 0 I t 3 . Sanfonl (ord ) 0 4 3 0 5 0 Ditto (pref.) . . 0 18 0 0 lf> 6 'Paranaki Oil Dev. 0 1 9 0 2 6 Taranaki Oil Fids. 0 5 2 0 5 9 Wilsons Cement . . 0 19 5 10 0 Wooiwortiis (X.Z.) 011 0 014 4 Ditto (Syd.) .. 017 (i 017 9 MINING Waihi Invests. . . 0 4 O 0 4 7. Una Hill . . .. 0 1 8 0 22 Broken Hill South 1 3 0 Emperor . . .. OHIO 0 12 6 Loloma (ex div.) .14 0 Mount Lyell .. 17 0 Mt. Morgan (ord.) 0 9 6 010 0 Hawaii* .. 0 8 9 Wgtn. Alluvia Is .0 3 9 0 4 0 N.Z. GOVT. LOANS Bonds—--15/1/53-57, 3 1 / a . 102 2 3 15/2/13-13. 4 .. 100 10 0 15/0/52-55, 4 . . 10U 15 0 War Loan, 1/10/53 Stock—--15/1/53-57, SV 3 . 102 2 3 102 15 0 15/2/13-13, 4 .. 100 10 0 15/5/49-52, 4 .. 100 10 0 15/3/52-55, 4 .. lUfi 15 0 31)/11/48, 4 . . 11V) 0 0 31/5/51-58, 4 .. 107 10 0 Xat. Development, 15/1/50-59, 3'/4 • 100 0 0 100 15 0 DEBENTURES

9/7/5!) .. 308 10 0 112 10 0 Auck. Gas (perp.) . 98 10 0 100 0 0 MERCHANDISE TRADE EASTERN GOODS FIRM Distributing merchants report a good flow of orders on September account and houses frenerally are busy preparing goods for prompt despatch on August 25. Tea.—The market in Colombo Ibis week was Viid to Hi per lb. easier for all kinds. The offering was about normal. Further supplies of one brand of tea from China are now definitely unobtainable. Meat Extract.—The customs authorities have agreed to allotments of a leading English meat extract, which has been on the prohibited list for two years, in fifth and sixth import period licences. On reference to London, however, merchants have ascertained that the export of the extract from (ireat Britain is now prohibited. Eastern Goods.—This week's quotations for Penang sago and tapioca show further increases. Prices of Singapore varieties are steady and at present are cheaper than Penang rates. The reverse position is normally the case

Dried Fruits. —A shortage of Australian lexias has been corrected by the arrival of a shipment. Supplies of sultanas and currents were included.

Coffee and Milk. —Merchants' stocks of eolTco and milk are practically exhausted. The last shipment from the South was taken over by the Government arid the position iias now bcoiiie acute. English Salt.—Supplies of English salt in olli. bugs arrived recently to a hare market and have gone almost directly into retail hands. SILVER AND TIN VALUES LONDON, August 20 Silver is unchanged at 23 7-l(id a standard ounce and 25 .Vl(id n fine ounce. Tin is easier. Spot: Buyers. 1256. 15s a ton; sellers, 1257. Forward: Buyers. 1250 15s; sellers. 12(i(). WAIRAKEI HOTEL YEAR Net profit of 1702, against a loss of f 19(>2 in the previous year, is shown in the accounts' of Wairakei, Limited, for. the ,\ear ended June 30. The directors recommend that the amount should he carried forward. I'or tlie second successive year, no dividend is rel omincmlnl, the last. pnyiurnt biuiitf « A l ,( ' r r-erit in t!i:i!>. The report stales that business showed a marked improvement. Overseas iourisl trade had almost completely cease*!, so the result could be considered satisfactory. FOREIGN EXCHANGE Closing telegraphic rates for purchases and sales of foreign exchange Auckland on overseas centres yesterday were supplied by the Hank of New South Wales as follows: — August ■_'! T.T. T.T. Buying Selling New York, dol. tn f .. 3.2512 3.20;>0 Montreal, dol. to £ .. 3.0039 :?..>2oo Java, fl to t, •• 0.187 . Manila, pesos to £ 0 559 <>. t r_ Hongkong, pence tn dol. 18% 19 1;32 India, pence to rupee . . 22 5-32 2'_ 23-.J'_ Ceylon. pence rupee 22 5-32 22 2j}-.|2 Singapore, pence to dol. 31 11 -(i t <> ; > 3.i-(><l 6. Af.. IN.Z. I'S.A. 100 I2!i 125/5/Lomlon. I.VZ X'st. 100 121 ltl<> 12.» Nuslralia, !A. I'N M'O 100/10/- 100 Fiji IF. I'M /. 100 . . 90 HB/12/6

SHAREMARKET INDICES London Financial Tim's (102t> equals 100)s Govt. Home Indus- Gold securities rails trials mines 1010 (hish) . 111.7 55.2 lot.(i -00. t HMO (low) .. HM.B Ul.» HL.I 138.8 \i s .. I lM.fi 50.7 Hit.3 1750 A,l trust 111 .. IHl.fi 51.11 00.8 175.3 August -0 ~ 313.0 52.2 00.5 175.0 New York Dow Jones' (102(1 equals 100): — 20 Hails 30 lndust. Shares sold HMO (high) . 3-.(17 3 52.80 HMO (low) .. 22.15 111.84 August 10 .. 20.85 125.05 120.000 August 18 .. 30.10 325.09 400.000 August, It) .. 30.12.' 325.57 890,000 August 20 .. 30.21 120.01 400,000