DEALINGS ON 'CHANGE

Dominion, Volume 31, Issue 71, 17 December 1937, Page 14

DEALINGS ON 'CHANGE

.Yesterday’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 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. The return on 4 per cent. Government loans includes redemption. In the case of 3$ per cent, loans the return is for the interest alone and covers only the period 1 for which the loans are tax-free:— • WKLUNGTON.

•Late sale Wednesday. MARKETS QUIET Australian Stock Exchanges By Telegraph.—Press. Assn.—Copyright. (Received December 16, 9.50 p.m.) • Sydney, December 16. Price movements on the Sydney Stock Exchange to-day were within narrow limits and the markets were quiet. Sales: Bank of New South Wales, £33 . 5/-; Commercial Banking Co. of Sydney, £2O/16/-; E„ S. and A. Bank, £5/8/6. Colonial Suga.r, £4B/5/-; jlercantile Mutual Insurance, 31/6; Associated Neyjs, 23/li; ditto, pref., 24/6. Huddart I’arker, New Zealand delivery, 43/-; British Tobacco, 50/6; Australian Glass, 93/6; Dunlop Perdriau, 23/-; ' Farmers, 33/G. Anthony Hordern, 19/3; Kandos Cement. 25/6; General Industries, 19/4 i; Hume Pipe, 20/4; Victoria Nyanza,

16/4i- Grimley, 19/6. Winchcombe Carson, 32/G; Wilcox Mofflin, 11/3: Morris Iledstrom, 27/3; Millaquin Sugar, 40/-. Electrolytic Zinc, 47/6; ditto, pref., 50/3; Mount Morgan, 11/1; Broken Hill Proprietary, 64/6; South Broken Hill, 37/104; Bawang Tin, 10/5; Larut Tin, 15/3; Emperor, 11/S. Morning sales included: Commonwealth bonds, 4 per cent., 1955, £lO3 7/6; Tooths, 53/6: Colonial Sugar, £4B I 5/ s ; Felt and Textiles, 36/13; Hume Pipe, 20/4; Lustre, pref,., 23/6; Mark Foy, 23/3. Melbourne, December 16. On the Stock Exchange of Melbourne to-day there was only moderate trading. Cox Bros, had good support. Barriers showed a firmer tone. Sales: Commercial Bank of Australia, 17/1; E., S. and A. Bank, £5/7/-; National Bank, £5 paid, £7/4/-. G. J. Coles, 85/6; Australian Glass, 93/3; Dunlop Perdriau, 22/11; Australian Paper Manufacturers, pref., 25/6; Felt and Textiles, 35/6; Cox Bros., ord., 19/6; Australian Foundation Investment Trust, 6/-. Electrolytic Zine, 47/6; ditto, pref., 50/6: Moun.t Morgan, 1.1/1; Mount Lyell. 32/43; Broken Hill Proprietary, 64/3; North Broken Hill, 53/-: Broken Hill South, 38/-; Zinc Corporation, £5/6/-; Emperor, 11/9; Loloma, 16/6; Broken Hill Proprietary, 5/- paid, 35/6. LONDON STOCK EXCHANGE More Cheerful Tone By Telegraph.—Press. Assu.—Copyright. London, December 15. The statement of the British Prime Minister (Mr. Neville Chamberlain) to the effect that talk of an oncoming elump was not only exaggerated but dangeroun had a marked effect on the Chy and the sentiment is generally more cheerful. Prices are hardening, especially for leading industrial and oil shares. Mining share quotations include; — Ciutha River, buyers 1/9, sellers 2/-; Molyneux River, buyers ,1/13, sellers 1/43; Mount Lyell, 23/3. New Zealand Loan and Mercantile Agency Co. shares, ordinary £43, preference £lOl/5/-. Gold Mining Returns By Telegraph—Press Association. Greymouth, December 16. Gold mining returns :— Mossy Creek dredge, 430 z. 3dwt. for 181 hours and 12,320 cubic yards. Worksop Extended, 20oz. from 6500 cubic yards in 132 hours.

Yield p.c. Sale on uprice. £ s. d vestment. £ s. d. 15/2/43-46 Ditto, 4 p.c., 15/47 *103 o o 3 14 3 46-49 (3) 102 12 « 3 14 10 Comin. Bank Aust. .. 0 17 0 3 18 o Bank of N.Z. •2 3 s 4 11 r . Ditto (3) 2 3 9 4 11 5 Bank of N.S.W 32 17 6 3 13 0 N.Z. Breweries 2 5 9 3 14 3 N.Z. Refrigerating ... 1) 18 I) 5 18 11 Tarin gamut u Timber 0 14 4 4 3 8 British Tobacco .... 2 9 9 4 0 4 G. J. Coles 4 4 4 4 8 11 McKenzies Dept. Stores 3 14 (1 4 14 7 N.Z. Newspapers .... 1 18 0 3 5 9 Woolworths (N.Z.) 1 1 0 3 11 Woolworths Ltd 1 6 0 2 8 0 Ditto (2) 1 5 11 2 8 Woolworths Holdings 0 14 3 3 10 2 Taranaki Oil 0 7 o •Late sale Wednesday. AUCKLAND. Iiiscr. Stock, 3} p.c., £ 8. d £ s d. 15/1/53 Booth Macdonald, 5 98 5 0 — p.c., 1/6/47 70 0 0 —- Bank of N.S.W. (2) .. 33 0 0 3 12 8 Bank of N.Z 2 3 9 4 11 British Tobacco .... 2 9 9 4 0 4 Broken Hill Pty., 5/- pd. 1 15 0 — Farmers’ Trading .... 10 0 7 0 0 G. J. Coles .443 4 8 11 N.Z. 'Newspapers .... 1 18 0 3 5 9 Woolworths Dtd 1 5 11 2 8 2 Reid Rubber 1 10 0 5 6 8 Grey Hi ver Wai hi Investments • ■ 0 9 0 — 0 9 3 — Mount Morgan (2) .... Unofficial List: Henderson and Pollard, 0 11 3 — . 4 p.c., 31/5/39 .... 75 0 0 —• CHRISTCHURCH. National Bank N.Z. .. & s. d. £ s>. d. 2 15 <1 74 9 o Union Bank (2) 9 7 6 3 4 0 Westport Coal 1 3 (1 4 5 1 N.Z. Breweries 2 6 0 3 13 11 Broken Hill Pty. (2) . 3 2 <i 4 0 0Ditto 3 3 0 3 19 4 Dom. Builders’ Supplies 0 3 0 IB 13 4 Electro. Zinc, ord. (2) 2 6 8 7 10 0 Ditto, pref 2 9 7 7 1 o McLeod Bros. 29 0 0 4 6 z Woolworths (N.Z.) .. 110 3 11 a Woolworths Ltd. (2) . Woolworths Holdings 15 8 2 8 8 (2) 0 14 2 3 10 7 Broken Hill South .... 1 17 8 12 12 2 Mount Lyell (2) 1 12 0 10 18 9 Ditto (3) 1 12 1 10 18 O North Broken Hill .. 2 12 2 11 10 9 Ditto 2 12 4 11 9 3 Rawang Tin Sales Reported: 0 10 5 — National Bank N.Z. . 2 15 6 74 9 Union Bank, odd lot .. 9 7 6 3 4 0 N.Z. Breweries 2 6 0 3 13 11 Electro. Zinc, ord N.Z. Farmers’ Co-op., 2 6 11 7 9 2 first pref 3 8 0 6 12 4 Woolworths Ltd 1 5 9 2 8 6 Woolworths Holdings 0 14 44 3 9 « Grey River, 8/9 paid . Woolworths (N.Z.) 0 10 6 —- 110 3 11 5 fDividend paid in sterling. DUNEDIN. £ s. d. £ s. d. National Insurance .. 0 IT 3 4 6 .1 Westport Coal 13 6 4 5 1 N.Z. Breweries ...... 2 6 0 3 13 1 McLeod Bros. 28 10 0 4 7 8 Woolworths Ltd.- .... 15 9 2 8 6 Broken Hill South ... 1 17 9 12 11 7 Mount Lyell •1 11 10 10 19 0 Ditto 1 11 11 10 19 3 Ditto 1 11 10 10 19 0 Nokomai ...-..... .-... 0 2 4 —