DEALINGS ON ’CHANGE

Dominion, Volume 29, Issue 227, 22 June 1936, Page 12

DEALINGS ON ’CHANGE

Saturday’s Business

RETURN ON INVESTMENTS

Sales recorded on Dominion stock ex changes on Saturday are shown in the rollowing list. In the second column Is given the return based on the last annual divi dend from investment at the quoted price In calculating the return on shares in companies which pay their dividends outside New Zealand the exchange rates q!i£ not been taken into consideration Int return on 4 per cent Government loans Indudes redemption In the easei of 3 ner cent, loans the return is for the -interest alone, and covers only the period for which the loans are tax-free:-

Sydney Stock Exchange

Sydney, June 20. Stock Exchange sales to-day included: —Commonwealth bonds, 4 p.c., 1941, £101; Anthony Hordern, 18/9; Broken Hill Proprietary, 93/-, and new issue, 50/-; Electrolytic Zinc, 39/6; pref., 42/-; General Industries, 19/7}; Howard Smith, 19/3; Meggitts, 27/-.

British Treasury Bills

(British Official Wireless.) Rugby, June 19. The total amount applied for in tenders for £50,000,000 of Treasury bills was £84,185,000. The average rate percent. for bills at three months was 17/0.83, against 18/1.04 a week ago.

RAW MATERIALS

Last Week’s Closing Rates

(Received June 21, 6.30 p.m.) London, June 20.

Friday’s closing prices for the following raw materials were as follow, those for June 12 being shown in parentheses: Cotton: Liverpool quotation, good American middling, spot, 7d. a lb. (6.82i1.) ; July delivery, 6.47 d. a lb. (6.32 d. Rubber: Para, 9jd. a lb. (9_ 1-8<1.) ; plantation smoked ribbed sheet, 7 3-Bd. a lb. (same). ■ Jute: June-July shipment. Indian jute, Dundee quotation. £l7/17/6 a ton (£l7 5 /->- c, , , Copra: June-July shipment, South Sea to London or Rotterdam, £l2/5/- a ton (£l2) ; smoked, to Marseilles or Genoa, £ll/15/- a ton (£ll/10/-) ; plantation, Rabaul, to London or Rotterdam. £l3 5/- a ton (£l3). Linseed oil: £27/15/- a ton (£27/5/-). Turpentine: 39/- a cwt (39/3).

Woolworths (N.Z.) Limited

Woolworths (New Zealand) Ltd. have advised the Stock Exchange Association that the bonus issue of shares, which the directors are recommending, will not participate in the dividend that is payable on July 1.

I Bulolo Gold Production

Mr. Fred G. Dunn, attorney for Clutha Development Ltd., advises of the receipt of the following Rnlolo prduction report: For month of May the total gross production amounted to 15.8150 z. of bullion containing 11,1960 z. of fine gold from 1.051.500 cubic yards. Estimated working profit 76340 z. of fine gold. The _n hove production is equivalent to £97.965 and working profit to £66.797/10/- on the basis of £B/15/- (Aust.) per fine ounce of gold.

H.M. Arcade Co., Ltd.

His Majesty's Arcade anil Theatre Company. Ltd., Auckland, has declared an interim dividend of 3| per cent., an increase of | per cent on the ordinary shares, and the usual interim dividend on the 6} per cent preference shares Payment will be made on July 1

Vacuum Packed Produce. Ltd

The first annual balance-sheet of Vacuum Packed Produce, Ltd.. London, shows a loss of £BOB3. The chairman of the company. Sir Thomas Wilford. nt the annual meeting of the company, describe! the possibilities of the company as <mbrmous If the Government of Now Zealand decided to . allot the company n« much as it could sell, next year's hnl-ance-sheet would show that there were sound reasons for optimism. The loss included £lOO9/5/11 unpaid fees to directors nnd income tax payable to the Government

Gold Mining Returns

The Worksop Extended Gold Dredging Co., Ltd., gives the following official return for the week ending .lune 18: — Yield. 09 ounces: hours dredged. 131; yardage treated, 10.500. Greyinouth, June 20. The -Maori Gully return was 12oz. 15 dwt. for 131 hours. The Golden Sands return was 260 z. I3dwt. for 30 shifts of 8 hours. Greymoutli, June 21 The Argo dredge return was 450 z. in 88 hours from 8500 yards. The Mossy Creek dredge returned 370 z. 17dwt. in 122 hours from 6303 yards.

WELLINGTON. field p.c 0 i inSale Price. vestment £ 8 d £ d Queensland Insurance South British Ins. ... *3 ♦4 0 12 9 9 2 12 17 8 6 p and 0. defd stock . ♦1 b 10 3 3 Broken Hill Pty ♦3 •3 13 12 0 8 8 8 10 nil tn (*> 1 ........ 3 12 I) 3 8 9 •3 18 74 3 3 7 N Z ' Breweries ...... 2 11 0 2 18 9 Mount Morgan •0 15 3 — Unofficial list: Woolworths Ltd., ord. *5 17 0 — nittn 17 0 •Late sale Friday. AUCKLAND. £ s. d. £ s. d. South British Ins. .. Bank of N.Z 4 o 12 o 9 0 2 4 17 15 b 6 0 y 0 0 Australian Glass .... 4 ii 9 3 3 Broken Hill Pty. ... 3 12 3 3 9 Ditto, new Issue, o 10 4* Afnfal'i " ...... 0 1 7 CHRISTCHURCH £ 8. d.> £ 8. d. Comm. Bank of Aust. 0 10 3 3 0 7 Australian Glass .... 4 11 0 3 u 11 Broken Hill Pty 3 12 0 3 9 5 Dunlop Perdriau 0 17 o —— Hume Pipe (Aust.) .. 0 19 7 4 1 8 0 9 8 •— G 0 4i —- Ditto 0 0 __ 0 0 3} __ Sales reported: loser. Stock, 3J p.c., 1939-43 102 17 6 3 8 G Comm. Bank of Aust. 0 10 4 3 0 4 Ditto 0 19 3 3 0 7 General Industries ... 0 19 5 6 8 8 Hume Pipe (Aust.) .. 0 19 8 4 1 4 Woolworths N.Z.. pref. 1 15 6 5 1' 4 Biff River 0 2 3 ■ ' - Unofficial list: Selfridges (A/asia.), ord 8 0 «■ Woolworths Ltd y 16 (1. — Woolworths (W.A.) 0 7 0 — DUNEDIN. £ 8. d. £ s. d. Comm. Bank of Aust. 0 19 ■4 3 u 4 Broken Hill Pty. ...:. 3 12 6 3 9 0 General Industries ... 0 19 6 6 8 Consolid. Brick 0 9 y 4 4 11 Unofficial list: Shillings Ltd.. 10/- pd. 0 15 4 — Waimumu Sluicing ... 0 0 8} —