THE WORLD OF COMMERCE

New Zealand Times, Volume LIII, Issue 12355, 27 January 1926, Page 8

THE WORLD OF COMMERCE

WELLINGTON STOCK EXCHANGE, YESTERDAY'S QUOTATIONS. (3.15 p.m. Call.) Yesterday's closing quotations for premiums of investment and mining stock, as advised by the Wellington Stock Exchange, are as follow: Buyers. Sellers. £•d £ s d

•Cum. div. S. George Nathan and Co., Stock and Sharebrokers, members Wellington Stock Exchange. Tel. address: “Beta," Wellington.* SALES IN OTHER CENTRES Per Press Association. AUCKLAND, January 26. Sales.—Auckland Hospital Board (debentures), XUB; National Bank of Australasia (cont.), X 8 16s; New Zealand Insurance, 38s 6d (two sales); Kauri Timber, 32s 6d, 32s 7d; Colonial Sugar, £55 10s, X 55 12s 6d; New Zealand Breweries (shares), 59s 6d; Staples Breweries, 40s 3d; Taranaki Oil, 13s 3d, 13s 6d; Wilson's Cement, 365; Kawarau, 6s Bd. CHRISTCHURCH, January 26. Sales reported.—Bank of New Zealand, 56s 9d; Goldsbrough Mort., 47s od, 47s 6d; Staples Brewery, 40s; N.Z. Refrigerating (con., cum div.), 8s 2d; Colonial Sugar, .£55 10s; Mount Lyell. 26s Sd. Sales on 'Changer.—Wilson's Cement, 35s 0d; Electrolytic Zino (pref., cum div.), 36s 6d. DUNIjZDIN, January 26. Sole®.—Bank of New Zealand, 56s 9d; Huddart-Parker (ord.). 45s 9d. BANK OF ENGLAND WEEKLY RETURN. Australian and N.S. Cable Association LOwDON, January 21. The Bank of England returns this week are as.follow:— ISSUE DEPARTMENT. £ Notes issued 161,907,000 Government debt 11,015,000 Other securities 8,735,000 Gold, coin, and bullion 142,157,000 BANKING DEPARTMENT. £ Proprietors’ capital 14,553,000 Best 3,473,000 Public deposits 19,430,000 Other deposits 109,148,000 Government securities 45,868,000 Other securities ..„ 78,366,000 Notes 20,847,000 Gold and silver coin 1,555,000 Short loans, 4 per cent. Three months’ bills, 43 per cent. Seven-day and other hills, 4 per cent. GOVERNMENT SECURITIES. Australian and N.Z. Cable Association. (Received January 22, 8.5 p.m.) LONDON, January 21. Following are the latest quotations for Imperial and Colonial Government securities, compared with those ruling on January 14th:—

FOREIGN EXCHANGES Australian and N Z ()nhi<- Ansuriatinti LONDON, January 21. The rates of foreigu exchange, as compared with par rates, or as averaged first half of 1924. are:—

N.Z. Govt. Loans — Inscribed Stock (1939) 66 0 0 — Inscribed Stock (1938) 96 0 0 96 7 6 Inscribed Stock (1944) •— 87 0 0 War Bonds (1941) — 97 7 6 War Bonds (1939) 96 0 0 — War Bonds (1938) P.O. Inscribed Stock 96 0 0 96 10 0 (1927, 5 p.c.) 97 IS 0 — P.O. Bonds (1927) 97 15 0 — Debentures— N.Z. Breweries (bonds) 1 5 6 1. 6 0 Banks— Commer. of Aus. (ord.) 1 13 0 National of N.Z. ...... 6 13 6 6 15 0 New Zealand 2 16 6 — Union of Australia ... — •15 1 6 Financial— Abraham and Williams Goldsbrough Mort. ... 2 7 3 Equitable Building •8 17 6 — National Mortgage ... N.Z. Guarantee Corp. 3 17 0 (ord., 8s) N.Z. Invest., Mort. 0 10 0 and Deposit — 0 9 9 Wn. Invest. T. and A. — 0 10 9 Gas— - Wellington (ord.; ...... *13 5 0 insurance— South. British 2 14 6 Meat Preserving— N.Z. Befrig. (10s) •0 8 0 Transport— Huddart-Parker (ord.) 2 5 3 2 5 10 Huddart-Parker (pref.) 1 0 3 Union Steam (pref.)... 0 19 9 1 0 3 Goal— 9 Waipa 0 17 0 TimberKauri 1 12 3 1 12 S Leyland, O'Brien — 2 0 9 . 0 Breweries— Manning and Co — 2 4 0 Staples and Co — 2 1 0 N.Z Breweries — 2 19 9 Miscellaneous— Burns, Phiip and Co. 2 0 6 Blectrol. Zinc (pref.) Farmers' Co-op. Auc1 16 3 •1 16 9 tioneering (pref. A). 0 18 1 16 6 6 Kirkcaldie and StainB National Electric — 1 0 0 Newton King (pref.)... — 0 17 0 Taranaki Oil fields ... 0 13 6 0 14 3 Wilson's Cement 1 15 6 — Mining— Mt. Lyell 1 5 9 _ 1 4 6 Kawarau 0 6 6

Jan. 21. . Jon. 14. £ 2| p.c. Imperial Console... 55 10 55 34 5 p.c. War Loans (1922-27) 101 21 100 15 3J p.c. War Loans (1925-29) 98 5 97 15 3J p.c. Conversion 70 0 75 5 6 p.c. Aus. Comm. (1931- «> 104 15 104 124 5J p.c. Aus. Comm. (1923". 2") 100 124 1(H> 74 5 p.c. N.Z. (1936-51) 106 121 106 15 4 p.c. N.Z. (1929) 96 24 96 24 3i p.c. N.Z. (1940) 84 0 84. 24 3 p.c. N.Z. (1945) 76 0 70 6J p.c. N.S.W. (1930-40)... 103 0 103 o 6 p.c. N.S.W. (1922-32).... 102 74 1U2 5 5J p.c. N.S.W. (1922-32).... 100 174 100 74 4 p.c. N.S.W. (1933) 90 15 90 17* 31 p.c. N.S.W. (1930-50)... 83 0 83 24 3 p.c. N.S.W. (1935) „.... 75 0 74 174 5} p.c. Vic. (1930-40) 101 15 101 12i 34 p.c. Vic. (1921-26) 100 r 24 100 0 31 p.c. Vic. (1929-40) 78 15 78 10 3 p.c. Vic. (1929-40) 72 0 71 10 G p.c. Q’land (1930-449 ... 102 0 101 174 34 p.c. Q’land (1939! 91 10 91 10 34 p.c. Q’land (1922-47) .... 69 0 68 0 64 p.c. S. Aust. (1945) ... 103 0 103 124 34 p.c. S. Aust. (1939) ... 82 24 82 2} 3 p.c. S. Aust. (1946) 00 0 60 0 6 p.c. W. Aus. (1938-40) ... 102 10 102 24 tf.c. W. Aus. (1920-35)... 86 15 87 0 3 p.c. W. Aus. (1915-35) ... 84 0 84 0 61 p.c. Tas. (1920-40) 103 15 103 0 3} p.c. Tas. (1939-40) 82 174 83 5 3 p.c. Tas. (1920-40) 79 0 79 0

Jan. 14. Brussels, francs to £ ... 107 25.22$ Paris, francs to £ 190.25 25.221 Stockholm, knr. to £ ...' 18.16 18.12 Oslo, knr. to £ 23.90 18.12 Copenhagen, knr. to £... 19.60 18,12 Merlin, reichmnrks to £ 20.42 Home, lire to £ ■ 120.43 25.22$ Calcutta, pence to rupee 18 3-16 24 Yokohama, pence to yen 22£ 24.43 Hongkong* pence to dol. 28$ 24 Montreal, dol. to J! 4.861 4.868 New York, dol, to £ ... 4.86 13-16 4.866 Amsterdam florins to £ 12.09$ 12.107 Batavia, florins to £ ... 12.02 —