DEALINGS ON CHANGE

Dominion, Volume 33, Issue 183, 30 April 1940, Page 10

DEALINGS ON CHANGE

Yesterday’s Business RETURN ON INVESTMENTS Sales recorded on Dominion slock exchanges yesterday are .shown in the following list. In tlx? second column is given the return . based on the last annual dividend from investment at the quoted price. The return of 4 per cent. Government loans includes redemption:— H ELLINGTON.

Gold Mining Returns

The Rimu Flat dredge last week washed up 188.90 z. of gold from 42,141 yards excavated in 127 hours 38 minutes. Because of a fracture of the bottom tumbler, the Ngahere dredge, near Blackball, has been idle for a week. The directors are making every endeavour to procure a bottom tumbler, to be used till the arrival of a new one from Australia. Alexander Mines Limited reports for the week ended April 24 as follows: — No. 6 Level: North Drive has been advanced 20 feet, making a total of 35 feet. The fault line being followed shows very little change from previous report. Stoping: Stoping has been continued on same faces as last week, the width of reef remaining the same. 24 inches. Battery: During the week 25 tons were sent to the battery. (By Telegraph—Press Association.) DUNEDIN, April 20. ’ The Okarito dredge return was 18oz. 2dwt. for 125 hours’ work. For the week ended April 26 the Clutha River dredge at Alexandra worked 117 hours for 350 z. of gold.

New Zealand Exchanges

Telegraphic rates of exchange. New Zealand on the overseas centres mentioned, were quoted yesterday by the Bank of New South Wales as follows: —■

Shanghai, N.Z.d. to dol. — 513-1(5 Singapore, N.Z.d. to do). 34 41-61 35 41-64

Yield p.e. 0,1 No. of pric< ruent. shares. £ s. ■ ll. * >. d. 500 National lusur o in y 3 li) Il 100 South British Ins. 2 W 3 2 JG 4 200 Gear Meat 0 15 3 3 10 6 500 N.Z. Itefrig., 10/•0 10 1 . fc « 1 216 Taupiri Coal ... *1 2 0 G 1G 4 300 Doni. Breweries 1 14 G G 19 1 1000 Worksop Ext. . 0 0 — ‘Bate sale Friday AUCKLAND. U s. d. £ s . d. Govt. Stock. 34 p.e., 15/ 100-10 y 3 10 0 Ditto, -1 p.e., 15/5/49105 17 6 3 10 6 Auck. Harbour, 4f p.e., 9/7/57 (2) ... 107 0 0 —- N.Z. I insurance *3 5 3 3 1 3 Ditto (3) 3 5 6 3 1 0 South British Ins. 2 10 3 2 1G 4 Taupiri Coal, ord. ... 1 2 0 G 10 4 Rotoiti Timber •0 4 0 10 <1 0 ’Late sale Friday CHRISTCHURCH. £ s. d. £ S. d. Kaiapoi Woollen 0 15 2 4 9 8 Ditto, 7/- paid 0 5 4 U U 0 Whiteombe and Tombs 3 2 6 4 1G 0 Addisons Flat 0 1 3 — No sates were recorded on the Dunedin Stoek Exchange today.

Ou. Buying. Selling. New York, dol. to £N.Z. 3.2542 3.2050 Montreal, (lol . to £ N.Z. 3.6039 3.5290 Belgium, bel. .. to £N.Z. 19.341 18.850 France, frs. ... to £ N.Z. 142.61 140.70 dreece, drac. .. to £N.Z. — 424.70 Holland, florins to £ N.Z. 6.154 5.904 Italy, lire to £ N.Z. — 53.34 Java, florins .. to £N.Z. 6.130 5.916 Swltz'land, frs. to £N.Z. 14.532 14.180 II. Kong, N.Z.d. t o dol. 181 18 59-61 India and Ceylon, N.Z.d. to rup 22 5-32 22 49-(H Japan. N.Z.d. to yen .... — 214 Manila, N.Z.d. to peso .. 36 9-16 37 7-16