STOCKS AND SHARES

New Zealand Herald, Volume 78, Issue 24134, 28 November 1941, Page 3

STOCKS AND SHARES

THE AUCKLAND EXCHANGE AUSTRALIAN ISSUES FIRMER The best features of the market were fully retained in trading on the Auckland Stock Exchange yesterday. Turnover was a little below tin; average, due no doubt to the fact that there were only two calls, but price levels were not subjected to any major alterations. The improved trend in Australian stocks continued, leaders responding to the Federal "income tax concession announced earlier this week, CLOSING QUOTATIONS Buyers Sellers £sd £ s d

DEBENTURES Allrk i B "; - ra 0 0 W *"K'in r b 7 ■» w 0 10' JO 0 Auck. Gas (perp.j 92 0 0 93 0 0 MINING NEWS MARTHA CRUSHING RETURN (0.C.) WAIHI, Thursday The following information has been cabled to the London office of the Martha Gold Mininc: Company (Waihi), Limited:— vor the period ended November 15. comprising 19 crashing days, 15.165 lons of ore were crushed for a result of -1085 fine ounces of gold and 118,171 fine ounces of stiver. No •- level. Bell reef: Driving west of (he 'l.llft crosscut is resumed and the first 10ft awny* 33s a ton the reef being wider than the drive No s level, Bex lode: Driving southwest' of the Boy a I lode gangway the next 71 ft is of low value. The reef is about 4ft wide." * j OTHER COMPANIES* YIELDS Grey River (West Coast) .—220.2 m from 91 117 yards in 120 hours to November 2(>. Waitahu (West Coast).—6l Y.oz for 36 shifts elevating in paddock commenced Noveni"fount Morgan (Queensland). —Four weeks ended November 19, estimated working surplus £"1 750, not providing for depreciation, overhead expenses of i'2ooo or preference share dividend of £1231; capital expenditure, .C2IOO. 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: November 27 T.T. T.T. Buying Selling New York, dol. to £.. 3. 1 - 3.2050 Montreal, dol. to jC .. 3.0039 3..v_>90 Java. fl. to £ ■■ •• 6.187 ( :' )t Manila, pesos to £ ■■ Hongkong, pence to dol. Is/„ IV, India, pence to rupee .. 22 a-16 Ceylon, pence to rupee . 22 3-16 2'2/S Bin if a pore, pence to dol. 31 41-01 S Af.. JtN.Z. iCS.A, 100 123 125/5/1 I London. X'N.Z. .est. 100 l'_M/7/6 120 I Auslralia, X'A. £N,Z. 100 100/10/- 100 Fiji, JJF. .CN.Z. 1.00 . . 90 SS/12/6 QUOTATIONS IN LONDON LONDON, Nov. 20 Foreign exchange rates are:—New York (dollar) 4.03; Montreal (dollar), 4,45; Switzerland (t'r.), 17.35; India (rupee). Is Oil! Hongkong (dollar), 15(1; Argentine (pesos). 17.013 d, Stockholm (kr.), lti.UOi Shanghai, 3 i-01d SHAREMARKET INDICES London; Fin Times (1926 equals 100); Govt. Kails Indust, Gold 19 to (high) . 1U.7 58,0 101,8 200.4 HMO (low) 101.8 31,9 01.1 138.8 Nov i'niher 21 I 13.7 08.2 10-1.8 180.9 November 25 11:5.7 5U.1 10t.7 ISt.'J Naw Yorki Dow ,Tones (1020 equals 100):20 Balls 30 Indust. Shares sold 1010 (high) 32.07 Ift-.80 (910 (low) .. 22,15 111,84 —• November 25 , 28.10 110.90 840,000 November —0 , 1)7,80 14 5.93 550,000 SILVER AND TIN VALUES LONDON. Nov. 26 Silver Is quoted unchanged at 2354(1 a standard ounce and 2?>%d an ounce fine. In— Soot: Buvern, X'2so 5s a toil; sellers, £250 108. Forwards Buyers, JD26O 15s; sellers, ii-JOl. TOOTH AND COMPANY At tho annual meeting of 'Footh arid Comnanv Limited, In Sydney Mr. 0. Phillips, Ihe chairman, said that within the Inst year there had been two Increases in duty on beer one of Od in November, 1940, and one'of 3d in the late Budget. Tins brought the total duty to 3s u gallon. 12 times what it was in December, 1914- Thus, on every pint of beer consumed over the bar counter the Government collected 4Hd in excise. Mr, Phillips said that the ratio of expenses had increased during the year, but in spite ,of trade disabilities the company's turnover &had been well maintained.

BANKS, INSURANCE, AGENCY Bank A'asia 8 .10 0 8 15 II Com. Bk. Ans. 0 14 0 0 14 9 F.„ S. arid A. Bk. — 4 1 0 Nat. Bank N.Z. 1 1!) 6 2 0 ti Bank N.S.W. .. 27 15 0 —. Bunk New Zealand 1 19 10 2 0 3 Ditto (D mort.) — 1 11. 3 Union Bank — 7 7 0 National Ins. 0 9 9 1 0 2 New Zealand Ins. 3 2 (i 3 12 a Queensland Ins. .. is o 6 — South British Ins. 3 3 9 — Standard Ins, 3 2 6 —. Dom. I. and B. 0 19 6 1 0 0 Newton King (pf.) 0 12 0 0 14 3 N.Z. Guar. Ci/-f.p.) — 0 3 0 Loan and Merc. . 41 0 0 44 0 0 COAL, GAS, SHIPPING Pukemiro Coal .. 0 18 0 Taupiri ford.) 1 2 9 Ditto (pref.) ,. 1 4 3 — Auckland Gas — 0 7 4 Ditto (con.) 0 o 10 0 3 1 Devon port Ferry . 1 2 9 — Nth. Steam (.paid) 0 1 4 0 5 0 P. and 0. (clef.) 1 14 0 — TIMBER, WOOLLENS, BREWERIES Leyland - O'Brien 0 1(5 0 National Timber . 0 7 0 0 8 5 Felt and Textiles 1 17 0 — Kaiapoi (paid) . . 0 17 0 — Ditto (con.) 0 0 3 — Manawatu Knitting 1 (i 0 — Ballins 0 1 1 9 0 12 6 Dom. Brew, ford.) 1 10 0 1 11 0 Ditto (pref.) 1 11 0 — New Zealand Brew. 1 10 9 1 17 0 Tooths 2 10 0 — MISCELLANEOUS A.C.I o 0 0 Aus. Iron fpret.) 1 8 6 — British Tobacco . . 2 3 (5 2 4 9 Broken Hill Pty. 1 19 9 1 19 10 Claude Neon (N.Z.) 0 14 0 1 0 0 Colonial Sugar .. 50 5 0 52 O 0 Con. Brick 0 7 9 0 8 3 Dom. Pictures 0 9 0 0 11 0 Duulop Rubber .. 1 3 3 — 0 Electrolytic Zinc .. 2 9 6 2 12 Ditto (pref.) .. Farmers' Trading 2 12 0 2 15 0 1 1 9 — Gear Meat — 0 15 2 G . J. , Coles 3 1 0 3 4 0 Grey and Monzies 0 12 9 .— I.C.I, (pref.) 1 4. 10 K.D.V. Boxes .. 0 9 0 0 0 McKendrick (ord.) 1 1 6 6 9 Mack.v, Logan 1 5 0 1 M. and C. (deb.) 0 17 3 0 18 0 M.K. Mfrs. 0 5 9 0 0 4 Morts Dock 1 0 0 1 1. 0 N.Z. Fertilizer . 1 0 0 1 1 0 Ditto (pref.) .. 1 4 0 1 0 4 3 Forest Prod, (ord.) 0 4 0 (i 13 0 Ditto (pref.) . . 0 7 0 0 0 Nth. Roller ford.) 1 4 0 — Ditto (pref.) .. 1 3 0 1 3 5 0 Phillipps and lnipey 1 lO o ileid Rubber 1 7 (5 1 9 0 Robinson Ice 1 3 (5 1 4 3 Wilsons Cement . . 0 18 0 0 18 5 Wool worths (N.Z.) 0 1 1 10 11 0 15 10 0 Ditto (Syd.) .. 0 2 0 MINING Arahura . . 1 8 9 0 — Barrytowr! 0 0 — Blackwater " .. 1 0 0 _ Consol. Gold. 0 9 0 0 9 4 0 Martha .. 0 9 1. Una Bill • 0 0 9 0 ' 1 Wailii Invests. . . 0 2 0 0 4 0 0 Broken Hill South 1 0 0 1 7 Emperor 0 11 3 0 0 1J Loloma 1 0 Mount Lyell • • 1 0 8 1 0 3 Ml. Morgan (ord.) 0 9 9 North Broken Hill 1 19 6 N.Z. GOVT LOANS Bonds — 0 15/1/53-57, 3/a . 102 15 — 1.V2/43-40, 4 101 15 0 '15/d '40-19, 4 . 103 10 0 — 1 1.5/6/52-55, '1 107 15 0 —~ Rural Bonds— 104 0 0 15/9/47, -1 88 98 0 0 War Loan. 1/1 OA".* Do., 1/8/46. 2V a '88 97 0 17 0 6 5 10 Do., 1/8/51-54, 3 98 0 0 — Stock — 0 15/1/5(5-59, 3% . 100 10 —- ir./9/57-oo, uy 4 . 100 0 0 — 15/1/53-57. ay 3 . 103 0 0 — Jo/2/ 1H-16, -1 . 101 :i5 0 —- 15/4/40-49. 4 . . 103 10 0 15/5/40-5-.J, 4 . . 105 o o ~~ 15/0/52-55, 4 .. 107 15 0 ~~~ 30/11/48. 4 .. 106 0 0 _ 31/5/54-58, 1 . ■ 1 OS 0 0 _ 15/9/4(5-48. 3 . . 98 15 0 S.A.C.. 1/0/14. 3'i 100 0 0 __ Australian Stock, 106 10 0 1/11/51, a'i ■ —