DEALINGS ON ’CHANGE
Sales Recorded Yesterday RETURN ON INVESTMENTS Sales recorded cn Dominion Stock Exchanges yesterday are shown in the following list. In the second column is given the return based on the last annual dividend from investment at the quoted price. In calculating the return on shares in companies which pay their dividends outside New Zealand the exchange rates have not been taken into consideration, The return of 4 per cent. Government loans includes redemption. In the case of 3J per cent, loans the return is for the interest alone, and covers only the period for which the loans are tax-free, c
WESTPORT-STOCKTON COAL Small Net Profit Shown The directors of the Westport-Stockton Coal Co., Ltd., in their report for the year ended Decelnber 31. 1934 state the year’s output was 102,731 tons as against 105,648 tons during the previous year. After making provision for taxation and depreciation, the year's operations resulted in a profit of £1023/6/6, which the directors recommend should be carried forward. The retiring directors, Mesters. C. O. Farr and C. G. MeKellar, offer themselves for re-election. The balance-sheet shows liabilities as follow: Capital, issued, £197,785/10/-; secured debentures and interest accrued, £49,181/3/-; sundry creditors. £5649 5/7; profit and loss account, £5280/4/7. Assets are shown as follow: Property account at cost, less depreciation, £214,495 13/8; furniture, £154/7/8; sundry debtors, house purchase, £1978/12/5; sundry debtors, £6997/13/4; claims, £96/4/-; tools and stores, £2730/4/4; coal stocks, At present the wholesale rate for graded 7/9. Gold Mining Returns Gillespie’s Beach Gold Dredging Co., Ltd., yesterday advised the Stock Exchange Association that the wash-up was 13oz. The dredgemaster reported that the dredge was running well, and prospects were improving. , The Mossy Creek return was 21oz. 4dwt. from 4400 yards dredged. The Waimumu Sluicing Company’s return was 9oz._ 9dwt. for 122 hours’ operations. Work has been suspended again owing to water shortage. SYDNEY WOOL SALES' Better Class Sorts in Demand (Received February 12, 8.’55 p.m.) Sydney, February 12. At tlie wool sales to-day, 12,125 bales were offered, 11,265 being sold at auction and 1964 privately. There was a spirited demand tor the better class wools, the main supporters for these being oYrkshire buyers, and to a less extent Germany and France, while Japan absorbed ordinary top-making sorts. Skirtings also met a strong demand, and there was a good inquiry for comebacks and fine crossbreds, but medium to coarse descriptions were somewhat irregular. Five bales of superfine merino fleece from Yass made a new Sydney record of 22}d. Average prices obtained tn the Sydney wool market for the season to date are as under:—
Bradford Tops Steady By Telegraph.— Press As-m —Copyright London, February 11. The Bradford tops market is reported as being quietly steady.
WELLINGTON. Sale price £ s. Yield p.c. on . Investment. d. £ s. d. Inscr. Stock, 3) p.c., 1938-52 107 0 0 3 5 11 Bank of N.S.W 31 0 0 3 4 6 1 7 3 19 7 Electro. Zinc, pref. .. 1 14 ' 0 4 14 1 Afmint. Moren n 2 0 AUCKLAND. £ s. d. £ s. d. Govt. Bonds, 4 p.c., 1946 107 0 0 3 8 11 Inscr. Stock. 4 p.c., 1949 107 7 I] 3 8 11 Comm. Bank of Aust. . 0 1« . I 3 0 11 Ditto 0 16 6 3 0 7 E. S. and A. Bank .... 5 0 3 0 0 National Bank of N.Z. 3 11 0 2 16 4 Bank of N.Z 2 11) 3 19 2 Ditto, D Mort .... 1 12 0 4 13 9 National Insurance .. 1 3 1 3 5 0 N.Z. Insurance 3 9 0 2 17 11 Renown Collieries .... 0 7 9 — Auckland Gas 1 7 y 4 0 0 Broken Hill Ppty. 2 12 11 3 15 7 Drug Houses of Aust. . 1 4 11 2 16 2 Dunlop Perdriau 0 19 0 o 3 Electro. Zinc, pref. .. 1 14 0 4 14 1 Robinson Ice 1 3 o 5 4 4 Wilsons Cement ...... 1 13 2 19 3 Ditto 1 14 0 2 IS 10 Waihi G. .function .. 0 4 8 7 2 10 Mount Lyell 0 17 4 Mount Morgan (2) .. 2 0 —- Gillespies Beach .... 0 1 7 —— Unofficial list:— Brunner Collieries 0 2 0 Woolworths, Ltd. ord. 4 11 (1 —— Upper Watut, 2/- pd. 0 G 9} — CHRISTCHURCH £ s. d. £ s. d. British Tobacco 1 IS 4 3 2 7 Ditto 1 18 3 2 9 Sun Newspapers 0 4 4' Big River 0 2 •> Ditto (2) 0 2 2} — Ditto 0 2 V King Solomon 0 3 11 — Nevis Diesel 0 0 Sales reported: N.Z. Insurance (2) .. 3 8 6 2 17 7 Big River 0 2 ”4 Brian Boru 0 0 King Solomon 0 3 11 — Unofficial List: Woolworths Ltd., ord. 4 11 6 — Upper Watut, 2/- paid 0 6 9 Ditto (3) 0 6 10 —- Ditto 0 G 10J Ditto (2) 0 6 11 Ditto o n 11} DUNEDIN. £ s. d. £ s. d. Bank of N.Z., D mort 1 12 6 4 12 4 National Insurance .. 1 3 1 3 5 0 Westport Coal Q 4 10 11 Broken Hill p.ptv 2 13 0 3 15 6 Dominion Fertiliser .. 1 1 1 1 li Christchurch Gas .... 1 14 101 3 8 10 Mount Morgan (2) .. 2 0 Brian Born 0 0 6) Gillespies Beacli 0 1 7 Goldfields Dredge .... 0 0 9 Unofficial list:— Upper Watut, 2/- pd. ex rights 0 6 6 —
Week ended Pc r bale. Per lb. 1034. is. <1. <1. September 8 13 4 111 10.11 September 15 .... 12 13 « 9.4 September 22 .... ... 12 10 2 9.5 September 29 .... 12 2 0 9.1 October 20 .. 12 (J 2 9.3 October 27 ... 12 9 2 9.1 November "3 ... 13 I 10 10.2 November 10 13 13 4 10.5 November 17 .... 13 2 1 9.9 December 8 12 2 0 9.4 December 15 ... 12 . i 4 9.6 December 22 1035. 12 7 11 9.8 January 12 ... 12 2 8 9. / January 19 12 8 8 9.7 January 2fi .. 11 17 9 9.5 February 2 .. 11 16 10 9.1
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Bibliographic details
Dominion, Volume 28, Issue 119, 13 February 1935, Page 12
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1,008DEALINGS ON ’CHANGE Dominion, Volume 28, Issue 119, 13 February 1935, Page 12
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