STOCKS AND SHARES

New Zealand Herald, Volume 78, Issue 24085, 2 October 1941, Page 5

STOCKS AND SHARES

THE AUCKLAND EXCHANGE BANK OF N.Z. IMPROVE Firm conditions were again in evidence in trading on the Auckland Stock Exchange yesterday. While the two leading insurances steadied at advanced rates Nationals were lifted Gd on sale at 20s, the best price for over a year, and more attention was given to banks. Following substantial business last week around 398 9d. Bank of New Zealands moved up yesterday to 40s, with the market slightly firmer at the close. Interest in other sections also remained strong and gains generally outnumbered losses.

CLOSING QUOTATIONS

Buyers Sellers ,C s d £ s tl BANKS, INSURANCE, AGENCY Bank Australasia . 810 o Com. Bank Aust. 015 0 <> 1" f Ditto (pref.) !> I<> " I<> <» <■> Com. 13kg. Sydney is o o K.. S. and A. Bank a 1/' <1 Nat. Bank N.Z. . . 1 19 •• Bank N.S.W. . . 28 5 0 28 15 <» I Bank New Zealand 2 0 0 2 <> >• I Ditto (D Mort.) 1 I<> O | Queensland Nat. . _ 5 0 O I Union Bank . • 7 2 0 i National Ins. . . <> 10 10 1 0 ,t New Zealand Ins. a o !> 3 10 0 Queensland Iris. . . 2 12 o South British . . ■» 2 a a _ 9 Standard Ins. . . 3 1 0 Dalgetv • • (>2 0 bom. I. and B. . . 010 o —- F.A.C. (X's paid) 412 0 418 <> Ditto (C2 paid) 1 110 Ditto U'l paid) OHi O 010 0 Ditto (A pref.) 1 2 <> Ditto <B pref.) 110 —- Goldsbrongh ■ Mort 10!) 18 0 N.Z. Guarantee o - s *' a 2 r.l'. Bid'/. (Aiii'k.) o i!i o 1 o O Wairarapa Fanners <> 5 (> COAL, GAS, SHIPPING Kaitangata Coal . 1 1- O I'ukemiro Coal . . 11 IT (> 018 o Renown ford.) .. i» !t !i 0 In h Tan pi ri lord.) . . 1 - ° Ditto (pref.) .. 12 9 —- West port . . 1 1 a West.-Stock, (ord.) o 2 0 o 2 9 Aui'klnnd Gas . . O 7 0 O 7 , Ditto (ron.) . . 0211 o a 5 TI. Smith (pf.. <\d.) 1 8 o Nth. Steam (paid) 0 1 0 0 1 Si P. & O. (def. stk.) 1 ID 0 TIMBER, WOOLLENS, BREWERIES Le,viand-O'Brien . . O 10 O o 17 f > National .... 0 o a o 7 o Taupo Totara (ord.) O 4 1) 0 ;> 9 Felt and Textiles 1 18 o Do. (ron.. 10/0 OHi 0 --- Kaiapoi (paid) . . O lt> 0 1 * 0 Manawatu Knitting l -1 O 17 3 Mosgiel .. .. 10 0 o Oaniaru . . . . 1 a o 1 a 9 Tiniaru . . 010 0 1 0 0 Dom. Brew, (ord.) 110 .'1 110 9 Ditto (pref.) .. 11l o Innes (ord., ex d.) 10 0 Ditto (pref.) 10 0 New Zealand Brew. 110 O 116 0 MISCELLANEOUS Alloys Steel (N.Z.) 113 9 Anthony Hordern . r > 16 " Aust. Allov Steel O 8 O 0 8 6 C I 2 8 0 2 11 9 Berlei (N.Z.) a 0 o British Tobacco2 0 0 Broken Hill Pty. 22 6 2 3 0 Do. (new, f.p.) —• 22 9 By croft .. •• 2 4 6 _ Colonial Sugar . . 52 0 0 <">•> 0 0 Con sol. Brick 0 8 0 0 S 2 Donaghy (con., 15/0 1 11 O Duniop Rubber . . "> • * ', Flee. Zinc (pref.) ~ Farmers' Trading 1 110 1 a Gear Meat . . O 11 10 O !•> a G. J. Coles . . 3 3 0 3 7 O Henry Jones .. 1.C.1, (pref.) . . 14 0 K.D.V. Boxes . . O 8 O 0 0 6 McKenzies .. 2 10 M. &C. (deb. stk.) 010 0 Morts Dock 010 O 1 O 3 N.Z. Drug ■ • 317 0 N.Z. Farm. Fert, 10 0 110 Nth. Boiler (ord.) 12 0 —■ Do. (pf.. ex d.) 12 6 Reid Rubber 10 3 1.3 Ditto (con.) O 15 a "T Taranaki Oil Dev. 0 _ o 0 3 o Taranaki Oil Fields 0 4 0 0 5 3 Union Oil. Soap . . 16 0 Whit.-Stevenson (e.d.) 1 o fi Wilsons Cement . . 010 . 1 o Whitcombe, Tombs 313 0 31, 6 Wool worths (N.Z.) 014 3 oli 4 Ditto (nref.) 118 0 TZ , Ditto (Svd.) 0 17 3 0 1/5 W. R. Carpenter 118 0 Wths. Hlds. (S. Af.l 010 4 010 9 MINING Martha .. • - o 8 3 0 8 4 Una Hill . . . . O 1 0 O 1 0 Waihi Invests. O 4 4 O 4 9 Broken "Hill South 17 0 » « Emperor .. .. 012 6 013 3 Mount Lyell . . 1/0 12 « Mt. Morgan (ord.) 0 0 3 0 9 6 N.Z. GOVT. LOANS Bonds — _ „ 15/1/53-57. 3'/, . 101 10 0 15/2/43-46, 4 . . 100 15 0 15/1/40-10, 4 . . 101 10 0 Rural—--15/0/47, 4 . . 102 O 0 —- War Loan l/to's3 87 5 0 88 0 O Do 1 /SMI!. 2/3 05 TO* O 07 10 0 Do.', 1/8/51-54, 3 97 10 0 98 0 0 St i vT/'ifi-r,o a", . on 5 o ioo ,no 1,-/0/57-00 3' j . 08 15 0 99 15 0 T.-,/1/53-57! ay- . ioi 12 0 15/2/13-40, 4 . 100 15 0 15' 1/10-10. 4 . 15/5/40-5° 4 100 O O 100 10 0 15'6'5°-55 1 .. 100 10 O 30/11/48 1 . . 105 2 6 105 15 0 S.A.C., 1/6/44, debentures City of Wellington. 1/°/50 1 1 ' Auck. Gas (Perp.) 92 0 0 03 10 0 FOREIGN EXCHANGE Closing telegraphic rates for purchases and sales of foreign exchange Auckland on overseas centres yesterday were supplied by the Bank of New South Wales as follows: — October 1 T.T. T.T. Buying Selling New York. dol. to £ .. 3.2512 3.2050 Montreal, dol. to £ . . 3.0030 3...200 .lava. 11. to £ .. .. 0.157 <;.O«U Manila, pesos to £ . . O.■>•>!) , Hongkong, pence to dol. I*% _ [■•>- India, pence to rupee .. 22 3-16 '_'_ 4 Ceylon, pence to rupee . 22 3-10 Singapore, pence to dol. 3141-04 a.»a.w>4 R \f CN.Z. CS.A. 100 123 125/o/T.'ondo'n, .CN.Z. A'st. 100 124/7/6 125 Australia. tA. £N.Z. 100 1 00/10/- 100 Fiji, £F. iN T .Z. 100 . . 90 88/12/6 QUOTATIONS IN LONDON LONDON. Sept. 30 Foreign exchange rates are:—New York (dollar). 4.03; Montreal (dollar), 4.15; Switzerland <fr.), 17.35; India /rupee). Is Od; Honirkong (dollar). 15d; Argentine (pesos), 17 013 d; Stockholm (kr.). 10.90; Shanghai. 3 i-oiii.

SHAREMARKET INDICES

London Financial Times fl92t» ecjnals 100): Govt. Nome Indus- Gold securities rails trials mines 1010 (high) . 111.7 55.0 101.6 200.4 1! I|o (low) . . IOI.S Ml.') 01.1 138.S Sept .. 113.9 513 98.1 178.3 He|d. 3.0 .. 111.2 51.3 08.2 178.2 October 1.. 11 10 5! .5 98.2 1.8.1 New York Dow Jones' (1920 equals 100): — 20 Rails viO Indust. Shares sold 1940 (high) . 32.07 152.80 If) 10 (low) .. 22.15 111.8-1 Sept "0 .. 28.97 120 03 190,000 Sept". 20 28.03 120.05 400.000 Sept. 30 . . 28.00 120.82 100,000 MINING YIELD Argo (West Coast).—2Boz„ 10,000 yards, 112 hours.

DEEP BLACKWATER SHAFT

(0.c.) GREY MOUTH, Wednesday The Prohibition shaft, from which is produced about 98 per cent of the output from the quart/, mine of Blackwatcr Mines, Limited, at Waiuta. has reached a depth of 2500 ft, and il is the deepest shaft in New Zealand. The slope of the reef is such that work is now proceeding on a contract for the sinking of the shaft to the next level. No. 15. a further 125 ft. SHEEPSKIN APPRAISAL At the fortnightly appraisal of sheepskins held at the I'arnell stores this week the schedule, values were as follows:—Salted fullwool, 7s Id to 10s; salted three-quarter-wool. 5s to Os 7d; salted quarter to half-wool, 3s to Is; salted pelts, !)d to Is. Dry skins: Fullwool. super, 10/od to 1 I VJd lb; full-wool, sound, O/ail to 10';', d; full-wool, second and dead, 7?„d to B'id; three-quarter-wool, super. !)''..<l to lOd; three-quarter-wool, sound, 8 1 ,/, d to'od; three-quarter-wool, second and dead, (i'jd to 8'4(1; half-wool, sound. 7' J ,',d; halfwool. second and dead, s'.d to quarterwoo!. siinrid, O'ad; quarter-wool, second and dead. I'„d to 4 3 id; first pelts. 3* _.il to t'-id; second pelts. 2d; hoggets, B'jd to lO'.jd; second and dead hoggets, O' .d to 7',ad; lambs, n'.d to 111jd; lambs, second and dead, O'Ad to b'/itl.