CHRISTCHURCH STOCK EXCHANGE

Timaru Herald, Volume CXLIV, Issue 21001, 1 April 1938, Page 16

CHRISTCHURCH STOCK EXCHANGE

YESTERDAY’S QUOTATIONS Special to the "Timaru Herald." CHRISTCHURCH. March 31. TLf following quotations were ruling when the Stock Exchange closed for

WAR LOAN United press Association—By Electric Telegraph—Copyright LONDON, Mar'-'' 30. War Loan, 34 per cent, is quoted at £lOl/7/6. SILVER British Official Wireless RUGBY, March 30. The current quotations for silver is: Spot 18« d; forward 18« d per fine ounce. PRICE OF SILVER United Press Association—By Electric Telegraph—Copyright WASHINGTON, March 29. The Treasury decided to reduce the price of silver another cent, making the present rate 43 cents an ounce.

It was announced yesterday that in spite of the State Department’s public denials of any such intention, !’ is increasingly evident that the United States is exerting giowing pressure against Mexico, amounting almost to economic sanctions, in order not only to force a satisfactor’ settlement of the oil expropriation situation, but to prevent the sale of oil to Japan in exchange for coast concessions, and to impress Mexico generally with the value of American friendship. The Treasury hat reduced the New York purchase price of foreign silver from 45 cents t-» 44 cents an ounce, apparently tc make it unprofitable for Mexico to dump silver on the world market. In the meanti ne the Mexico City banks nave refused to sell large sums of dollars. The heavy demand for dollars drove the peso to 4.65 to the dollar, compared with the opening rate of 4.25.

the Bay:— Buvres. Sellers. £ s. d. £ s. d. N.Z. Govt. Stock3* per cent. Inscr. 15/5/39-52 . . — 103 7 6 3S per cent. Inscr., 1941 98 2 6 98 10 0 4 per cent. Inscr., 1952-55 104 0 0 104 10 0 4 per cent. Bonds. 1946-49 .... 102 5 0 — Rural Bonds, 1947 101 10 0 — Company Debs.— Booth. Macdonald 6* p.c. 1 6 47 . 6 9 0 — Banks— Comm, of Aust. . 0 15 11 0 16 0 Comm, of Sydney — 20 17 6 E. S. and A. . . . 5 1 0 — National of A/asia (£5 paid) . . . — 7 0 0 National of N.Z. . 2 14 6 — New Zealand . ’. . 9 3 0 — <D. Mort) . . . — 1 9 9 Union — 8 14 0 Insurance— National 0 17 7 0 17 11 Sou tn British (10s paid) — 2 6 0 Loan and Agency Goldsbrough Mort. 1 10 2 1 10 S National Mortgage — 2 4 0 N. Z Guarantee Corporation . . — 0 4 5 N.Z. Loan & Merc. (ord.i 33 10 0 — United Building . 1 0 6 —- Frozen Meat— Canterbury .... — 10 6 0 N.Z. Refrigerating (10/- paid) . . — 0 8 1 Woollens— Felt and Textiles 1 12 0 1 13 8 Kai.ipoi <17 - pd.) — 0 12 0 (7/- paid) . . . — 0 4 3 Coal— West port Stockton (pref.) .... 0 5 6 0 6 0 Pukemiro .... 0 18 0 Auckland .... 1 0 3 Christchurch . . . 1 8 3 — (10/- paid) . . 0 13 0 — Breweries— New Zealand . . 2 4 3 2 4 9 Tooths 2 13 4 •> 14 3 Timaru (in liqdn.) 0 1 0 — Miscellaneous— Andersons (pref.) 0 18 9 — Aust. Glass .... 4 8 9 4 10 0 Aust. Iron & Steel (pref.) .... — 1 7 9 Beath and Co. . . — 1 1 6 British Tobacco . 2 7 2 9 7 6 Broken Hill Ppty. . 2 18 9 2 19 3 (contr.) .... 1 14 5 1 14 11 Colonial Sugar . . 46 10 0 47 5 0 Dunlop Rubber . . 1 1 0 1 1 6 Electrolytic Zinc (ord.) 1 19 3 1 19 10 (pref.) .... 9 3 2 2 3 8 Evans Atlas Flour 0 19 3 — G. J. Coles .... 3 18 3 3 18 6 Hume Pipe (Aust.) — 0 19 6 McKenzie’s Ltd. . — 3 10 3 N Z I. Co-op.— (41 p.c. Stock. 1949) 95 0 0 97 0 0 (4J p.c. Stock, 1950) 95 0 0 — (4* p.c. Stock. 1955) 95 0 0 99 0 0 N Z.F. Fertiliser . . 0 18 0 0 19 6 Shillings Ltd. . . — 0 19 0 Taranaki Oil . . . 0 6 0 0 6 2 United Provisions 0 6 0 0 6 3 Woolworths Ltd. (ord.) 1 1 7 1 1 8 Woolworths (N.Z.) (ord.) 1 1 3 1 1 7 Woolworths (N.Z.) (pref.) .... — 2 1 0 Overseas Listings Wool worths (Sth. Africa) .... — 0 15 5 Mining— Argo 0 1 3 — Barrytown .... — 1 6 0 Big River .... — 0 1 3 Gillispie’s Beach . 0 0 9 0 0 10* Grey River . . . 0 12 8 0 12 9 Maerewhenua . . 0 0 4 — Aust. Mining— Broken HiH South 1 10 3 1 10 7 Mount Lyell . . . 1 7 3 1 7 8 Mount Morgan 0 9 2 0 9 3 (pref.) .... 0 5 2 0 5 9 North Broken Hill 9 5 6 2 6 3 Rawang Tin . . . 0 8 0 —