STOCKS AND SHARES

Timaru Herald, Volume CXLV, Issue 21181, 31 October 1938, Page 16

STOCKS AND SHARES

NEW ZEALAND STOCK EXCHANGES SATURDAY’S QUOTATIONS CHRISTCHURCH

OPTIMISM “PETERS OUT’’ REACTION TO WORLD AFFAIRS United Piess Association—By Electric Telegraph—Copyright (Received Otcober 30, 6.30 p.m.) LONDON, October 28. The optimism with which the markets began the week largely petered out, but the undertone is steady. The amount of business, although small, has considerably improved. Politics remain the principal adverse factor, particularly the uncertainty surrounding British policy, and the result in diplomatic moves, including Herr von Ribbentrop’s visit to Rome. There has been considerable buying of armament shares. Giltedgeds slipped back, and European bonds weakened. There has been a fair turnover of Dominion bonds, notably Australians; the price changes were slight. FOREIGN EXCHANGES. United Press Association—By Electric Telegraph—Copyright LONDON, October 28. Foreign exchange quotations—Dollar, 4.764 to the pound; franc, 1782 to the pound; guilder, 8744 to the pound. THE PRICE OF GOLD. United Press Association—By Electric Telegraph—Copyright LONDON, October 28. The current price of fine gold is 145/104 per ounce.

Morning Call Sales on ’Change— £ s. d. £600 Govt. 35 per cent. Stock, 1953-57 93 10 0 75 E., S. and A. Bank (£2) 5 8 0 200 Broken Hill Pty. (c.d.) (2) 2 17 6 100 Dunlop Perdriau .. .. 1 0 4 50 G. J. Coles 3 19 0 50 McKenzies 2 18 6 Sales Reported— 200 D.I.C. )pf„ c.d.) (late 28th) 1 o 6 100 Waihi Invest (late 28) 0 9 0 Unlisted Stocks— 100 Woolworths Properties 0 14 6 AUCKLAND Sales on ’Change— £ s. d. Bank of New Zealand .. .. 2 0 8 Natl. Bank of N.Z 2 10 0 Colonial Sugar 48 2 6 Imperial Chemicals (pf.) .. 1 2 8 Peters Ice <"N.Z.) 1 2 3 Taranaki Oil 0 13 8 Emperor 0 12 9 Unofficial List— Woolworths Properties (10/- pd) (pf.) 0 14 4 WELLINGTON Sales on ’Change— £ s. d (Late Friday) N.Z. Breweries 2 0 6 Carlton Breweries 3 5 6 3 5 0 Queensland Breweries .. .. 1 5 7 Burns Philp and Co 2 13 3 2 13 6 Woolworths, Ltd 1 0 11 N.Z. Refrigerating (con.).. 0 8 0 N.Z. Breweries (2) 2 0 6 Aust. Glass 4 18 9 Woolworths Ltd 1 0 10 DUNEDIN Sales Reported— Stock 4 per cent. 1943-46 .. 99 10 0 Stock 4 per cent. 1946-49 . 99 10 0 South British Insurance .. 2 2 3 Australian Paper Mfrs (pf.) 1 5 7i Wilson’s Cement 0 16 6