DEALINGS ON ’CHANGE

Dominion, Volume 31, Issue 74, 21 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 3J per cent, loans the return is for the interest alone and covers only the period for which the loans are tax-free:— WELLINGTON

TOOHEYS, LIMITED Another New Share Issue By Telegraph.—Press Assn.—Copyright. Sydney, December 20., Tooheys Ltd. have decided to isstie 175,000 ehares at a premium of 8/- each in the proportion of one for every ten shares already held. Tooheys Ltd. has a paid capital of £1,400,000 in 1,750,000-shares of 16/each, fully paid. An issue of 250,000 new 16/- shares, one for six, at a premium of 8/- each, was made last February, which came as a surprise. Since 1930 the company has obtained most of its finance through its associate, Tooheys Standard Securities Ltd., at a cost of 54 per cent. To pay 9 per cent, on the £200,000 of share capital gathered in during the la4t financial year, the captial and premium money combined (£300,OOO) need turn in only O per cent. For the year ended July 31, 1937, the disclosed net profit was £120,136 and the dividend 9 per cent. Reserves total £756,933. THE WOOL MARKET Advance In Britain The Bank of New South Wales has received the following cable message from its London office dated December 18 :— Wool in all qualities shows a further advance and there has been a large amount of business done, especially in the lower sorts.

Tinplate Production World production of tinplate in the year ended October 31, 1937. was 4,090.000 tons compared with 3,581.000 tons in the previous year. The output of the world’s motor industry increased from 5,717,000 vehicles in the year ended September 30, 193(1, to a new record of 6,435,000 vehicles in the year ended September 30, 1937. Tin consumption in the United Kingdom increased from 933 tons in September to 1923 tons in October, and consumption in Switzerland from 71 tons to 159 tons. In Holland there was a decrease from 140 tons to 90 tons. N.Z. Pound Abroad Bused on figures quoted by rhe Bank of New South; Wales, the New Zealand pound, compared with its original par value, is equivalent to approximately:— , 16/1 In London. £l/0/1 in Australia. 16/5} in U.S.A 16/5} in Canada. .18/11 in France. 16/6 in Italy. 0/8 in Germany. 11/1,0 in Java. £l/8/1 in Japan. AUCTION DIARY TO DAY. 8 Willeston Street, 12.30 p-in.— Household Furniture (E. .Johnston and Co.). Military Road, Lower Hutt, 1.30 p.m.—Superior Furnishings (H. E. Leighton). Johnsonville Fat Stock Sale. 1.30 p.m.— Mixed Stock. TO-MORROW. Masterton Sale, 11 a.in. Chapel Street, Masterton, 2.3op.m.—Sale household Props, Ngaumu Road, Marton (Wright, Stephenson). 310 Oriental Parade, 1 p.m.—Sale of Furniture (C. W. Price). THURSDAY. Carterton Sale, 11.30 a.in.

Sale price. £ s. d. lieid p.e. OU invest men t. £ 8. d. laser. Slock, 3* p.e., 1939-52 ( 3) 101 5 U 3 U 0 Ditto, 4 p.e., 10-6/ 102 2 U 3 15 11 Com. Bank Aust., prel. it 14 0 4 2 5 Bank of N.Z 2 4 U 4 10 10 Ditto (2) 2 3 11 1 11 0 Ditto (2) t2 4 (1 4 10 10 Broken Hill Pty *3 3 y 3 IS 5 G. J. Coles (2) 4 4 6 4 S 9 Ditto 4 4. y 4 8 6 McKenzies Dept. Stores 73 13 !) 4 14 11 Woolworths Ltd *1 (i 0 2 8 0 North Broken Hill .. •2 13 3 11 3 4 Unofficial list:— Westland Brewery, n n r r 1 1 0 —— •Late sale Saturday. flteported alter last call. AUCKLAND. L s. d. £ s. d. Auck. City, 4| p.e., 1/1/44-56 10-1 0 6 —— Ditto, 4| p.e., 1/1/4460 104 0 0 Bank of N.Z. (2) .... 2 4 0 4 10 10 National Insurance ... 0 17 1 4 7 9 110 5 4 0 Birkenhead Gas, S p.e., pref 0 15 0 . Broken Hill Pty 3 18 8 Electro. Zinc, pref. . 2 10 0 7 0 0 Harmers’ Trading, B 1 2 6 4 49 6 McKenzie’s Dept. Stores j 3 13 0 4 14 11 10 3 14 1G 3 Wiksons' Cement V 17 5 4 17 7 W. It. Carpenter 2 6 6 3 17 a 1 12 6 10 13 4 North Broken Hill ... 2 13 6 11 4 3 Overseas list: Woolworths Holdings 0 14 3 3 10 2 Unofficial list: Seil’ridges (N.Z.) 9 10 9 — CHIUSTCHUBCM. / Jo a. d. . £ s. d. Goldsbrough Mort. . ■.. 1 13 3 4 16 2 Westport - Stockton, pref 0 6 0 —— Broken Hill Pty. ... 3 3 3 3 19 0 Colonial Sugar 48 0 0 3 2 6 G J. Coles ...... 4 4 4 4 8 11 Woolworths, Ltd. (4) 1 5 10 2 8 4 Ditto .............. 1 a 11 2 8 2 0 0 4* .Mount Lyell, ex div. (3) 1 10 G 11 u 6 Mount Morgan 0 10 6 -— North Broaen Hill .. 2 13 1 11 6 0 Wellington Alin vials 0 5 3 — Sales reported: Inner. Stock, 3i p.e., 1038-52 101 0 0 3 9 1 Ditto, 4 p.e., 15/4/4649 102 15 0 Broken Hill Pty. 3 18 11 DUNKDIN. £ s. d. £ 6. d. 2 6 0 3 13 11 G. j. Coles , 4 4 6 4 8 9 Woolworths (N.Z.) ... *i o y 3 12 3 Woolworths, Ltd. *1 6 0 2 8 0 ‘Nlnlrnmni . 0 2 1 -— ‘Late sale Saturday.