DEALINGS ON ’CHANGE

Dominion, Volume 32, Issue 180, 28 April 1939, Page 12

DEALINGS ON ’CHANGE

Yesterday’s Business RETURN ON INVESTMENTS Sales recorded on Dominion . stock exchanges on Monday are shown in the tollowing 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 of 4 per cent. Government loans ineludes redemption:—

Australian Share Markets By Telegraph.—Press Assn.—Copyright. (Received April 27, 10.15 p.m.) SYDNEY, April 27. On the Sydney Stock Exchange trading today was fairly heavy, with steadiness in all sections. Sales included : — z

Morning sales included: Commonwealth bonds. per cent.. 1948, £96; per cent., 1951, £99/1/3; 4 per cent.. 1944, £lOO/17/6; 4 per cent., 1950. £lOl 5/-; Associated Newspapers. 19/6; Australian Consolidated Industries, 32/9; British Tobacco, pref., 29/3; Broken Hill Proprietary, 56/6; Colonial Sugar. £46 12/6; Drug Houses. 22/-; General Industries. 18/I|. MELBOURNE, April 27. . On the Stock Exchange of Melbourne

London Stock Exchange By Telegraph.—Press Assn.—Copyright. LONDON, April 26. Although the conscription plans have pleased the City, prices of stocks and shares generally have failed to maintain rates made earlier in the day. in the absence of business. Disappointment with the P. and O. dividend has led to the marking down of the shares of that company. Brewery shares, however, are higher as a result of the absence of any fresh taxation of malt liquors. Gilt-edged securities are lower in quotation ,as the City is expecting the issue of further loans shortly. Sydney Wool Sales By Telegraph.—Press Assn.—Copyright. (Received April 27. 10,15 p.in.) SYDNEY, April 27. At the wool sales 1)514 bales were offered, of which 7860 were sold at auction ; also 1015 bales were sold privately. Competition was strong and general, with no change in prices. A line of greasy merino made to 15)d."

WELLINGTON. Sale price £ s. d. Vield p.c. on investment. £ s. d. £1000 —Inscr. Stock, 4 p.c., 15/4/43-48 *98 10 0 4 o 11 £765—Ditto, 4 p.c., 15/4/46-49 .... a97 7 6 4 5 7 200—Comm. Bank 0 16 1 4 8 1 666—Bank of N.Z. (5) 1 17 0 o 8 1 100 —Kauri Timber *1 3 9 6 6 3 250—N.Z. Breweries •1 17 u 4 10 10 100 —British Tobacco (2) a2 11 6 3 17 8 (>00 —Broken Hill Ppty. (4) 3 Ct 0 4 0 7 150 —Burns Philp .. V' 16 0 3 11 5 2 16 0 3 11 5 100 —Elect, Zine, pref. a2 13 0 a 13 2 30—G. J. Coles, odd lot 4 Q 6 4 1 10 4 P 6 4 1 10 200—Macduffs, pref. •0 6 0 — 100—N.Z. Drug .... 3 4 3 4 19 7 275 —N.Z. Newspapers (2) 1 10 0 4 8 10 300—Taranaki OH • aO 9 2 — 100—Woolworths Ltd.*1 4 0 3 12 11 100 —-Ditto 1 4 0 3 12 11 1OO Ditto 1 4 3 12 4 900—Ditto al 4 3 12 4 10O—Mount Lyell . al 8 0 a 7 1 * Late sale Wednesday. a Keported after last call. AUCKLAND. £ 6. d. £ s. d. Inscr. Stock, 4 p.c., 15/6/52-55 98 12 6 4 4 0 Auck; ,-City, 4t p.c., 1/1/44-52 .00 15 0 —— Bank of N.S.W. 30 10 0 3 18 8 1 17 0 8 1 N.Z; Insurance (2) .. 13 0 3 15 L> Westport-Stockton, pref. 0 7 1 8 9 4 N.Z. Breweries *1 17 3 4 11 3 British Tobacco 2 11 6 17 8 Ditto 11 0 3 18 3 Broken Hill Ppty •3 2 0 4 0 7 Ditto (3) 3 o 0 4 0 7 Consolid Brick ....... 0 8 10 9 1 1 G ,T Coles 4 • -.1 6 4 1 10 N.Z. Newspapers 1 10 0 -1 8 10 Mount Lyell 1 8 0 5 7 1 Unofficial list: — Assoc. Motorists, pref. 1 o 0 — CHRISTCHURCH. £ S. d. £> s. d. Govt. Bonds, 4 p.c., 15/2/43-46 98 15 0 4 5 1 Ditto," 4 p.c., 15/4/4649 97 15 0 4 4 9 Westport - Stockton, pref. (2) 0 1 8 9 4 Kauri Timber 1 4 0 6 o 0 N.Z. Breweries (2) ... 1 17 3 4 11 o 1 17 6 4 10 8 British Tobacco 1'1 6 3 17 8 Broken Hill Ppty. ... 3 o 3 4 0 3 •7 16 6 10 9 Taranaki Oil (3) 0 9 0 Woolworths Ltd ♦1 4 0 3 12 11 Ditto (2) 1 4 3 3 12 1 1 4 0 3 11 Grey River 0 18 0 — 0 18 1 »■ - 0 18 04 Mount Lyell 1 7 9 i> 8 1 Ditto 1 8 0 : i 1 Unofficial list:— Wellington Mortgages 0 8 6 — •Late sale Wednesday. DUNEDIN. £ s. d. £ s. d. Inscr. Slock. 34 p.c., 1939-43 98 0 0 .—. Bank of N.Z 1 17 0 5 8 1 N.Z. Breweries 1 1J 0 4 11 10 Broken Hill Ppty. (5) 3 1 9 4 0 11 0 8 10 9 1 1 Imp. Chemicals, pref. . 1 4 9 4 0 9 N.Z. Drug (2) 3 4. 6 4 19 — Woolworths Ltd 1 4 O 3 12 11 Mount Lyell 1 8 0 0 7 1

£ s. d. Bank of New South Wales . 28 15 0 Colli. Bank of Sydney 18 10 0 Union Bank 7 4 0 Com. Bank of Australia .. 0 14 11 Adelaide Steam 1 10 6 Howard Smith 0 17 9 Burns Philp ;. • • 2 9 0 Tooth and Co 2 11 9 G. J. Coles .» 17 6 104 Woolworths, Ltd 1 1 Australian Cons. Industries 1 12 b Kandos Cement 1 0 Mort’s Dock 0 14 8 'Cash Orders 0 15 W. H. Soul 4 8 0 Goldsbrough Mort 1 6 9 Electrolytic Zinc ■ 2 4 6 Mount Lyell / 1 o 6 Zinc Corporation 4 l) 6 Broken Hill Proprietary ... 2 10 6 North Broken Hill Q 3 0 Broken Hill South 1 o 6 Rawang Tin 0 6 Lploma Mines 1 0 0 Emperor Mines 0 8 0 Kanieri Gold 1 12 6 Oil Search 0 4 2

today sales included : — £ s. d. National Bank, £10 paid 12 1 0 Ditto. £5 paid 6 4 o Metropolitan Gas ........ 13 0 o Carlton Brewery * 4 9 Herald and Times 2 3 0 Felt and Textiles. 2nd pref 1 1 0 Electrolytic Zinc 2 4 6 Ditto, pref 9 8 British Tobacco 2 6 9 Broken Hill Proprietary 2 16 6 Emperor Gold o 8 <) Loloma Mines 1 0 0