DEALINGS ON 'CHANGE
Sales Recorded Yesterday
RETURN ON INVESTMENTS
Sales recorded on Dominion Stock Exchanges yesterday are shown in the following list. Ln the second column is given the return based on the last annual dividend from investment at the quoted price. In calculating the return <m shares in companies which pay then 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 34 per cent, loans the return is for the interest alone, and covers only the period for which the loans are
Oxenbridge-Shotover Gold The directors of Oxenbridge-Shotover Gold Ltd. in their t-econd annual report and statement of accounts for the year ended July 31 report a year of difficulty and misfortune, which seem inseparable from the working of the Shotover River, and also of difficulty in keeping the company financially solvent. The company fully expected to be winning gold by last Christmas, but unforeseen trouble arose in the closing of the Moke Creek dam, and caused a delay of three months. It was the original intention of the directors and the company’s engineer to work the mouth of Moke Creek, and sufficient plant for this purpose was provided. A wing dam was constructed at the mouth of the Moke, and everything was in readiness to commence a paddock there when a flood in the Shotover on March 29 carried away the wing dam and the beach at the mouth of Moke Creek. Owing to the continued expense incurred, a further debenture issue became necessary, and an addition £6lO was added to the debenture issue, making a total of £2llO. As the company had no means of paying wages should gold not be won immediately, the directors entered into a tribute agreement with Mr. F. L. Weddell, the claim manager, on a very satisfactory basis. The company is relieved of the payment of working expenses, and is to receive 45 per cent, of the gold won. Dividends Payable Bank of N.S.W.. quarterly 5/a share Aug. 28 Melbourne Steamship—final, ord. and pref., 3 p.c Aug. 28 Queensland Brewery—-final, ord. 3} p.c. pref., 5J p.c. .... Aug. 28 Winchcombe Carson —final, 4 p.c. Aug. 28 Associated . Newspapers—inford. and pref., 2 p.c Aug. 30 Mason. Struthers,, Christchurch —3 p.c. p.a Aug. 28 Carlton Brewery—int,, 5 p.c. .. Aug. 31 Standard Insurance—final, 1/3 per share Sept Westland Breweries—s. p.c Sept. 2 Eider. Stnirn and Co. —final. 2$ p.c Sept. 2 General Motors Holdens —halfyearly, G p.c.. pn-f Sept. I Klectrolyti" Zinc, pref., final, 4 p.c ordinary. 5 p.c. for year Sep. 10 Huddart Parker—int., pref. 2 p.c.. ord., 3 i p.c Sept. 12 Broken f*ill South —div., 1/G and boon: 1/- per share. Sept. 14 Gillespie’s Beach Gold D. Co., 5 per cent Sept. 15 North Broken Hill—3/6 per share Sept, -6 King Solninon—2s p.c Sept. 30 Claude Neon. Ltd., Sydney—--15 p.c.. payable as to 7} p.c. (and payable as to 7} p.c. January 1) Oct. 1 N.Z. Pound Abroad Based on the figures quoted by the Bank of New South Wales', the New Zealand pound, compared with its original par value, is equivalent to approximately: 16/1 in London. £l/0/1 in Australia. 16/4} in U.S.A. 16/5} in Canada. 9/7} in France. 10/4} in Italy. 9/6} in Germany. 9/6} in Java. £l/7/5} in Japan.
Owing to the Shotover River being exceptionally low the Goldfields Dredging Co.'s dredge has temporarily ceased, operations. The low river renders it impossible to keep the working face opened out safely, so the continuance of dredging would most likely leave the dredge stranded. Dredging operations will be resumed as soon aa the river ri«ee. In the meantime the staff is working part-time on minor repair work.
tax-free. WELLINGTON. Sale price. Yield p.e. on investment £ s. d. £ s. d. laser. Stk.. 4 p.e., 19-16 107 J 11 o 4 8 Wellington Gas *20 6 3 19 0 Leyland-O'Brien 1 u 9 4 4 Broken Hill Ppty. .. .5 9 o 0 10 Consolid. Brick 1'1 4 •—• G J. Coles W *3 7 OS 19 0 Gillespie’s Beach .... 0 1 — Mount Morgan 1 19 6 — Unofficial list: 18 Woolworths Ltd., ord. «l 0 “Late sale Monday. AUCKLAND. £ s. d. £ g. d. Couim. Bimk of Aust. 0 16 .» 12 -J Bank of N.Z. (2) 11 3 3 18 0 Reserve Bank 6 10 0 3 16 11 Aust. 1’rov. Assurance 1. 2 4.J •4 4 8 National Insurance ... N.Z. Insurance (2) ... 1 0 9 3 12 o 3 6 6 «J 0 1 Traders Finance,. 7/6 paid 0 8 6 — Renown Coal, pref. -. 0 2 8 11 .3 Auckland Gas ‘ 1. b 4 o Ditto (3) • 1 l) 9 4 19 British Tobacco —. 0 3 7 Broken Hill Ppty. ... ■ > 6 0 u 0 7 Consolid. Brick ■ 0 It —— Claude Neon (N.Z.) .. J. 3 (j 4 11 11 Dominion Fertiliser .. 1 4 0 . i 6 8 1) 14 (J 6 17 11. Fanners Trading .... 0 1 o 12 11 K.D.V. Box, 10/- pd. . 0 10 y 4 14 Morris Hedstrom .... 1 M 8 4 4 6 Wilsons Cement (2) .’. 2 6 o 4 8 Gillespies Beach 0 1 ft —. Mount Morgan 1 18 . k —— Loloma 4 16 6 — cmtisTciruRcn. ’ £ d. z? s. d. Inscr. Stk., 4 p-c.. 1940 102 0 0 13 3 Govt. Bonds, 4 p.e., 1940 102 0 0 3 13 kJ Westport Coal 1 o 1 4 6 9 Anthony Hordern ... 0 19 3 British Tobacco 1 19 5 4 3 1 0 Broken Hill Pty 3 6 3 1 0 Ditto (2) Ditto (2) 3 3 9 8 3 3 0 0 10 11 G. J. Coles 3 7 3 19 Dunlop-Perdriau 0 14 o 6 18 8 Morris Hedstrom .... 1 6 4 ij 1 N.Z. Farmers' Co-op. 4i p.c. Stk., 1940 86 15 •0 4 1 King Solomon (2) ... 0 3 •7 — Ditto (2) 0 •-I 6 — Lawsons. Flat 0 0 4 —— Mahakipawa (5) 0 0 —— Ditto, 1929 pref. ... 0 0 44 — Inscr. Stk. 4 p.c., 1940 107 17 C .. 13 19 Ditto, 3J p.c., 1939/43 104 15 0 3 7 9 Ditto, 31 p.c., 193S/52 108 17 6 4 11 Tolaga Bay, 44 p.c. 1940 101 0 0 — Dalgety & Co 8 10 0 IS 10 British Tobacco 1 19 6 3 0 9 Broken Hill Pty 3 4) 9 .b 0 10 Dunlop-Perdriau 0 14 b 17 1. National Electric .... *0 13 1 4 11 N.Z. Farmers’ Co-op, 4 1 p.c. Stock, 1940 87 0 0 It 3 10 « N.Z. Newspapers .... 1 19 .> J. 11 United Pictures 1 4 0 8 0 8 Gillespie’s Beach . 0 1 — Mahakipawa 0 0 a. ——■ Unofficial list:— Woolworths, Ltd., ord. (2) 5 IS 0 —— *£010 sale Monday. DUNEDIN. £ s. d. V. £ d. Kaitangata Coal 1 0 kJ 6 It Bruce Woollen, ord... 3 14 10 4 0 10 Gillespies Beach (2) .. 0 x 14 — Maori Gullv 0 1 — Mount Lyell (3) .0 19 •i —- Bendigp Goldlight • • • 0 0 7
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Bibliographic details
Dominion, Volume 28, Issue 284, 28 August 1935, Page 12
Word Count
1,162DEALINGS ON 'CHANGE Dominion, Volume 28, Issue 284, 28 August 1935, Page 12
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