DEAUNGS ON CHANGE
Saturday’s Business
RETURN ON INVESTMENTS
Sales recorded on Dominion Stuck Ex- > changes on Saturday are shown in the fol- - lowing list. In the second column is given ; the return based on the last annual dividend from investment at the quoted price. i In calculating the return on shares in T companies which pay their dividends out- ' side New Zealand the exchange rates have not been taken into consideration The - return on 4 per cent. Government loans i includes redemption. Tn the case of 3$ r per cent. loans the return is for the interest alone, and covers only the period for which the loans are tax-free:— WELLINGTON. , ) ield p.c.
RAW MATERIALS Sharp Drop in Prices By Telegraph.—Press Assn.—Copyright. (Received April 18, 6.30 p.m.) London, April 17. Friday’s closing prices for the following raw materials were as follows, those for April 9 being shown in parentheses : — Cotton : Liverpool quotation, good American middling,.spot, 7.47 d. a lb. (7.87 d. ; May delivery, 7.25 d. a lb. (7.65 d. Rubber: Para, 12d. a lb. (not quoted) ; plantation smoked ribbed sheet, lid. a lb. (12Jd.). Jute: April-May shipment, Indian jute, Dundee quotation, £2l/12/6 a ton (£2l/10/-). Copra: April-May shipment, South Sea to London or Rotterdam, £l7/10/-: a ton (£l9)’; smoked, to Marseilles or Genoa, £l7 a ton (£lB/15/-) ; plantation Rabaul, to London or Rotterdam, £lB/10/- a ton (£2O). Linseed oil: £3l/5/- a ton (£32/5/-). Turpentine: 39/6 a cwt. (39/9). BASE METALS MARKET Sharp Fall in Prices By Telegraph.—Press Assn. —Copyright. Ixindon. April 16. The official London (middle) quotations for Friday, as reported by the Australian Mines and Metals Association, compare with those previously cabled as follows :— April 15. April 16. Per Ton. Per Ton.
Prices of Other Metals. To-day’s quotations of other metals, with those of April 9 in parentheses, are as follows:— Pig-iron: Home trade, 81/- a ton (same); export, not quoted. Antimony: British, £SS/10/- a ton (same); foreign, £tK>/10/- a ion (£66/10/-). Molybdenite: 39/- a unit (same). Wolfram: 61/6 a unit (65/-). Sydney Stock Exchange By Telegraph.—Press Assn.—Copyright. Sydney, April 17. Stock Exchange sales to-day included: Commonwealth bonds, 3 3-8 per cent., 1949, £94/2/6; 3 7-8 per cent., 1947, £lOO 17/6; 4 per cent., 1947, £lO2/2/6; 1950, £lO2/8/9; 1957, £lO2/7/6; Tooheys Brewery, 34/-; Tooths Brewery, 57/6; Sargents, 33/-; Broken Hill Proprietary 83/6, and (new) 77/-; Electrolytic Zinc, pref., 61/-; It. Fowler, .12/9; Colonial Sugar, £45/5/-. British Treasury Bills j 'British Official Wireless.) : London, April 16. The total amount applied for in tenders for £40,000,000 Treasury bills was £83,350,000. The average rate per cent, for bills at three months was 10/6.64, against 10/10.27 a week ago. London Furred Skin Sales Dalgety and Co., Ltd., nave received the following cabled advice, dated London, April 16, dealing with the sales held recently in London: —- Opossum skins: Offered, 1,000,000 Australian, 14,800 New Zealand. Selection fair to good; attendance fair. American buyers principal operators; Home trade operating for cheaper grades; Continent quiet; about 25 per cent. sold. Competition for Australian blues. 10 per cent, advance compared with January. Pales and reds, demand poor. Values unchanged. New Zealand skins neglected ; any lots sold were rather easier. Ringtail opossums. 195.000 offered; wallaby skins. 105.0'M1 offered: very little interest shown. Fox skins, offered 114,000; good demand , 85 per cent, sold; values 10 per .t. to 15 per cent, higher. _ . I
N.Z. Guarantee Corpu. Sale Price on investment *0 8. d 4 10 £ 6 0 <1 8 Standard Insurance .. 16 9 4 8 1. Broken Hill Pty ♦4 2 9 3 0 a Ditto 4 0 19 Ditto Milburn Lime is 0 0 12 Woolworths (N.Z.) .. ♦8 0 0 2 0 Martha Mine 0 19 G 10 • 1 1 Mount Morgan 0 1G 8 4 Late sale Friday alter call. AUCKLAND. X? s d. £ b d Comm. Bank Aust. .. 0 19 7 * 1 19 6 Queensland Insurance 3 0 0 3 6 8 Broken Hill Pty. (2) 4 3 0 3 0 - CHRISTCHURCH s. d. £ s. d Comm. Bank Aust. .. 0 19 4 19 6 Goldsbrough, Mort (3) 1 16 11 3 13 10 Kaiapoi Woollen .... 0 14 4 u 18 7 Broken Hill Pty. (2) 4 *’ 3 3 0 0 Ditto, contr 3 15 10 — Ditto 3 15 0 — Electro. Zinc, ord. (7) 19 3 7 o Ditto 19 6 3 7 Woolworths (N.Z.) (2) 8 0 0 0 -- Ditto (2) 4 19 6 0 3 Golden Sands, eurn div 0 — 1 — Mount Lyell 2 7 1 4 4 11 Ditto 7 0 •1 u 0 Ditto (2) 2 6 •j 4 G 9 Mount Morgan (9) ... 6 16 io — Rawang Tin (3) .... 0 LI 10 — DUNEDIN. £ 8. d. £ 8 Cl. National Bank N.Z. .. 3 f) 3 |3 15 8 Mount Lyell 2 « 7 4 5 10 Nokomai 0 3 —— Waipapa Beach .... 0 0 10 — Holeproof, Ltd 1 10 7* —— f Di vidend paid in sterling.
Copper— £ 3. d. c 8 d. Standard, spot ... 64 3 9 62 1 3 Ditto, forward ... 13 9 (JO IS 9 Electrolytic 68 10 0 67 0 0 to 70 0 0 69 0 0 Wire bars 70 0 0 GO 0 0 Lead— Spot 7 6 2:i 1 3 Forward 25 0 24 18 9 Spelter— Spot 26 6 3 26 0 0 Forward 26 10 0 26 0 0 Tin— Spot 272 15 0 265 15 0 Forward ao 0 0 263 17 6 Silver— Standard, per oz. . 20 13-16d. 20 ll-16d. Fine 22 7-lfld. >-16d.
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Bibliographic details
Dominion, Volume 30, Issue 173, 19 April 1937, Page 12
Word Count
906DEAUNGS ON CHANGE Dominion, Volume 30, Issue 173, 19 April 1937, Page 12
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