DEALINGS ON ’CHANGE

Dominion, Volume 29, Issue 300, 15 September 1936, Page 12

DEALINGS ON ’CHANGE

Saturday’s Business

RETURN ON INVESTMENTS Sales recorded on Dominion stock exchanges yesterday are shown in the following list. In the second column is, given the return based on the last annual dlvl 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 have not been taken into consideration. The return on 4 per cent. Government loans includes redemption in the case of -Ji per cent loans the return is for the interest alone, and covers only the period for will uh the loans are tax-free :-

DIVIDEND UNCHANGED

Jas. Stedman Henderson Sweets

James Stedman Hendereon’s Sweets Ltd., made a net profit last year of £38,305, compa red with £36.261 the previous year. Ordinary dividend remains at 5 per cent., absorbing-£26,534. preference dividends require £7750, and a sum of £5OOO is carried to reserve, leaving £7538 to be carried forward, against, £8517 brought forward.

Patent rights .... 48.250 48.250 48.250 •Now at written-down value, flncluded with head office accounts.

The balance-sheet has been redrafted. Specific rwrrw have been ctiminntcil from the liabilities by deducting them from the respective assets to which they formerly applied, so that they now appear in the balance-sheet at their writ-ten-down value. Assets and liabilities of the New Zealand branch have been amalgamated with head office figures in place of appearing under one heading as a “branch account.”

WELLINGTON. Yield p.c on vestment. £ s. d Sale price. s. d. Inscr. Stock, 34 p.c ’ 103 Sept.. 1941-43 .... la 18 0 Comm. Bank, Aust. . 0 4 3 Bank of N.Z. (2) ... Union Bank 1 *9 19 10 ;j 0 12 7 Ditto (odd lot) ... Ditto ♦9 9 10 10 0 0 2 12 12 7 N.Z Guarantee Corpn. o 7 6 4 9 N.Z Insurance .... 3 Union Setam, pref. . 1 6 6 Electro. Zinc. ord. . 1 0 4 17 Ditto, pref 3 4 12 Ditto — 8 G. J. Coles, odd lot . ♦4 1 0 3 1 15 Woolwortbs (N.Z.) . 1 6 • Mount Morgan 0 13 0 ♦Late sale Saturday. AUCKLAND. £ s. d. £ 6. d. Govt. Bonds, 4 p.c. 15/4/49 105 17 6 3 11 9 Farmers Auction., J pref. 1 o B 4 8 10 Kauri Timber 1 J 10 i) 4 10 Kaiapoi Woollen, 7/ paid 0 0 3 12 0 Electro. Zine, pref. .. Ditto 0 3 3 <4 6 4 4 11 11 11 G. J. Coles 4 0 9 3 1 11 Mort’s Dock 0 12 0 0 0 N.Z. Newspapers (2) 2 0 0 3 0 0 Ditto 0 19 Ditto o 0 0 3 0 0 Woolworths (N.Z.) .. «) 1 9 1.) 0 Mount Morgan (2) ... 0 13 0 — CHRISTCHURCH £ s. d. £ s. d. Comm. Bank of Austr O 18 3 3 4 Goldsbrough, Mort .. 1 13 10 4 9 N.Z. Refrig., 10/- pd. 0 8 11 6 3 4 British Tobacco 4 3 6 Ditto (2) 6 3 10 Broken Hill Ppty. 3 18 0 3 3 8 Ditto 3 18 «) 3 3 9 Ditto, 15/- paid .1. 2 16 6 5 —~ Dunlop-Pedriati (.1) • 0 18 10 1 Electro. Zinc, pref. .. o 3 6 4 11 11 Ditto o 3 9 4 11 G. .1. Coles 4 0 0 3 6 Ditto 4 0 8 3 0 Ditto 4 0 9 3 1 11 Wilcox Mofflin 0 12 6 8 0 0 Mount Lyell 1 9 1 1 4 3 Sales reported:— Goldsbrough, Mort .. 1 14 0 4 4 N.Z. Refrig.. 10/- pd. 0 9 0 6 Broken Hill Ppty., W* paid 2 16 6 3 0 N.Z. Newspapers .... 0 0 0 Ditto o 0 19 9 Mount Morgan (3) ... 0 13 0 — Unofficial list:— Selfridges, ord 1 8 0 DUNEDIN. £ s. d. £ s. d. Govt. Bonds, J p.c.. 3 1937-40 ♦101 17 6 13 4 Ditto. 4 p.c., 1943-40 •103 17 6 3 11 4 N.Z. Refrig.. 10/- pd. Broken Hill Pty. .. 0 9 0 6 3 18 O 3 4 1 Tooth & Co 0 15 9 4 9 8 Mount Morgan 6 13 0 — Unofficial Usd:— 81 New River 0 0 — ♦Late sale Saturday.

Profit Year ended June 30. 1934. £ 26,891 1935 36/161 1936. £ 38,305 Div., ord., p.c. ... 31 Div., ord., amount 1S.574 26,534 26.534 Div., pref,, 10 p.c. 7,750 7,750 7,750 Suspense accounts written off ... 3,904 — — To reserve —■- ■ — 5.000 Forward 6.540 8,517 7.538 LIABILITIES— Capital— -Ordinary 530.690 530.690 530.690 Pref., 10 p.c. .. 100.090 100.006 1 no. 000 Reserves 225.595 241.551 30.009 Mortgage 45 090 45.000 45.090 Bank 30.763 28.436 35.760 Creditors 29.309 29.403 45.930 ASSETS— Freehold property 167.105 167.105 164.752 Plant, machinery 496,370 511.094 •339.556 Stock 110.3.73 103.575 139.586 Debtors 105.974 119.914 103.124 Investments .... 31.024 31.024 3i.tr24 N.Z. branch 27.155 28.731 i Cash 219 437 160