DEALINGS ON ’CHANGE

Dominion, Volume 29, Issue 200, 21 May 1936, Page 12

DEALINGS ON ’CHANGE

Yesterday’s Business RETURN ON INVESTMENTS Sales recorded on Dominion stork 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 Tin' return on 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:—

London Stock Exchange By Telegraph—Press Assn.—Copyright. London, May 19. On the Stock Exchange to-day quotations of bank shares and other corporation debentures and stocks compare with previous quotations as follows:—

Hume Steel Preference Hume Steel. Limited, yesterday cabled to the Stock Exchange Association that a half-yearly dividend on the 74 per cent, cumulative preference shares will he paid on June 20. Dominion Wheat Yield Tip to Monday evening the New Zealand Wheat Committee hail handled approximately 4,5(10,(100 bushels of this season’s milling wheat, says the Christchurch “Press.” This total i s about 200.000 bushels less than the quantity put through by May IS. 1035. The heavy quantity last year at this period was due entirely to the dry season promoting an early harvest. The current season, in marked contrast, has been very much delayed, and the figures for the two periods boar no relationship to the final yields of the two years. The condition of the wheat coming out of stack is reported to he generally good, although a portion of it is damaged by sprouting. Last year the wheat committee bought just short of 5.000,000 bushels, which, along with 2,000,000 bushels carried over from the previous season, was sufficient to see the millers through till 1030. This season the committee commenced operations with empty bins, hut in local milling circles it is considered that sufficient wheat for nil requirements will he forthcoming from New Zealand growers. This situation has been brought about by the heavy yield of 39.02 bushels (interim return) nn acre, compared with last season’s final yield of 26.32 bushels, and the greater area sown in wheat.

WELLINGTON. Sale price £ s. d \ield p.c on investment. £ s. d. Inser. Stock, 4 p.c., 1937-40 102 15 0 3 12 6 Ditto. 4 p.c.. 1952-5.1 10G 7 6 3 13 1 Bank of N.S.W 33 0 0 3 0 7 Bank of X.Z ♦2 5 4 4 S 2 Ditto •» .1 I. 4 7 10 Standard Insurance . 3 2 G 4 0 0 X.Z. Refrlg., B>/- pd. ♦0 9 2 G 0 0 0 9 2 H o (i Kaiapoi Woollen .... ♦0 15 G 3 5 9 Staples and <’o ♦1 14 3 2 IS 4 Australian Glass (2j . •4 12 II 2 1G 6 Ditto (2) 4 11 9 2 1G S Ditto 4 11 4) 2 1G 9 Ditto (2) ......... 4 11 G 2 1G 10 British Tobacco .... •2 0 4J 2 19 5 Broken Hill Pty., new issue. It)/- paid ... •1 19 0 — Colonial Sugar 41 7 G 3 0 5 G. .1. Coles <2) 3 1S 3 3 3 10 Ditto 3 IS (I 3 4 1 Wilsons Cement .... 2 6 ■ 3 2 19 5 Big River 0 2 01 0 2 1 — Unofficial list: Woohvorths Ltd., ord. (2) 9 15 0 .—_ J>itto (3) 9 14 0 ♦Late sale Tuesday. AUCKLAND. £ s. d. £ s. d. Inscr. Stock. .11 p.c., p.c., 15/11/38-52 102 5 0 3 8 5 Ditto, 4 p.c., 15/1/1940 12) 102 7 6 3 14 7 Ditto, 4 p.c., 15/2/1946 104 0 0 ,3 12 7 Ditto, 4 p.c., 15/4/1949 104 2 6 .3 12 7 Ditto. 4 p.c., 15/6/1055 106 0 0 3 13 7 Auck. Hospital. 4} p.c.. 1/12/41! 105 0 0 — Comm. Bank of Austr. 0 19 5 3 0 1 9 9 0 4 4 7 Union Bank 9 15 6 2 11. 1. South British Ins. ... 4 10 0 2 19 3 Renown Collieries .... 0 10 6 2 7 7 Auckland Gas, contr. , 0 19 9 4 3 6 Taupo Tatars 0 10 4 3 17 5 Kaiapoi Woollen 0 15 3 3 6 10 0 G 1 3 9 0 Wellington Woollen, pref 6 5 6 3 19 S Broken Hill I’ptv. ... 3 3 6 3 18 8 Ditto 3 3 9 3 18 5 Burns. Philp 3 10 9 2 16 6 Colonial Sugar (3) ... 41 5 0 3 0 7 G. .1. Coles 3 19 0 .3 3 3 Ditto 3 18 9 3 3 G 3 IS 0 3 4 1 Milne and Clioycc. deb. 0 15 G 4 10 3 Farmers Fertiliser ... 1 1 0 5 4 9 Robinson Ice 1 2 3 6 5 10 Woolworths (X.Z.) ... 7 5 0 1 18 7 Big River (2) 0 2 1 — Mount Mo reran 0 14 9 —— Ditto 0 15 0 Unofficial list:— Woolworth.? Ltd., ord. (3) 9 14 0 Waikoromiko (2) 0 1 1 — CHRISTCHURCH. £ S. d. £ s. d. Comm. Bank oT Aust. 0 19 4 3 0 4 Bank of X.Z 2 5 3 4 8 4 X.Z. Retrig., 10/- pd. (2) 0 9 3 5 IS It Tooth and Co., ex div. 2 11 10 4 16 5 Ditto 2 11 9 4 1G 7 Dunlop-Pcrdriau (2) . n 17 3 G. ,T. Coles 3 IS 3 3 3 10 Kauri Timber 14 0 5 4 2 Argo Gold ........... 0 1 5| Mount- Lvell .......... 1 4 6* 2 0 9 Mount Morgan 0 14 10 Ditto 0 14 11 Sales reported:— Union Bank 9 15 0 2 11 3 N.Z. Farmers Co-op.. first pref. 3 17 6 2 1 3 Ditto. B pref ...... 2 1 0 3 IS 0 N.Z. Breweries ♦2 13 3 2 16 4 Broken Hill Pptv. new issue. 10/- pd. . •1 IS 10 —— Dunlop-Perdrlau ♦0 17 3 — Australian Glass (2) . 4 11 6 2 16 >10 Ditto 4 11 9 2 16 S Ditto 4 11 G 2 16 10 Mount Lyell 1 4 6 2 0 9 Hume Pipe (Aust.) .. •0 17 3 4 12 9 G. .T. Coles (2) 3 18 3 3 3 10 Unofficial list:— shillings Ltd., 7'6 pd. 0 10 1 Ditto 0 10 ° Woolworths Ltd., ord. (2) 9 14 0 Ditto 9 1 a o ♦Late sale Tuesday. DUNEDIN. .£ s. d. C s. d. Inscr. Stock, 4 p.c.. 1910 102 5 0 3 15 3 N.Z. Insurance .' 3 1 0 3 5 6 X',Z. Refrig., 10/. pd. . 0 9 2 6 0 0 /Ditto 0 9 3 5 IS 11 Mount Lvell 1 1 6 2 0 9 Paddy’s Point 0 3* 0

Banks— Mav £ s. d. May 19. £ s. d. Australasia 9 S n 9 ] 0 0 E., S. and-A. Bank 4 7 6 4 8 9 Union of Aust. .. 7 Q 7 5 0 New South Wales . 25 10 o 25 0 0 National of N Z. ,. 216 6 2.17 6 New Zealand 2 0 6 2 0 6 British Tobacco ... 1 11 3 111 3 Goldsbrough Mort, B pref., ex. div. .. 1 6 3 1 6 3 Dalgety and Co. shares 7 15 0 7 10 0 P. and 0. def 1 0 0 19 1J N.Z. Loan and Mere. 4 p.c. debentures 91 0 0 91 0 0 N.Z. Loan and Mere. (ord.) 26 0 0 26 0 0 Salos of minim- shares ineluded Bulolo Gold at £6/13/9.