PRICE AND RETURN
Latest sales reported and made on the Stock Exchanges of the Dominion, with the highest prices and the approximate yields per cent, per annum to investors (all subject to appropriate taxes and exchange where operative), based on the last annual dividends, plus bonuses, if any, and considering redemption and brokerage in the case of redeemable securities where dated, were as follows:— Highest yield. price. p.c, p.a. • £ s. d. £ «. d. Wellington. 4 p.c. Inscr. Stock (1946) a. 103 0 0. 312 2 Comni. Bank Aust. (pref.) !) 8 0 4 5 1 Tooth and Co. ...:..b. 212 0 416 2 Colonial Sugar ....1. 42 0 0 219 6 G. J. Coles ;. 311 3 310 2 Mount Morgan 016 8 600 Unoflicial — Woolworths,-Ltd. ... 7 3 0 2 Sll Auckland. 4- p.c. Inscr. Stock (1946) a. 103 0 0 312 2 Comm. Bank Aust. 10 1 2IS 1 Bank of N.Z. 25 3 484 Mosgiel Woollen .... i) 15 0 420 Tooth and Co. ...... b. 212 0 416 2 N.Z. Breweries 212 0 2 \L3 xV Australian Glass — 4 2 3 3 3 2 Broken-Hill Pty. ..i. 219 6 219 9 Colonial Sugar 1. 4115 0 219 10 Northern Roller 14 0 516 « Wilson's Cement i.b. 2 0 0 38 9 Gillespie'a Beach ... 0 12 4 5 9 Maori Gully 0 011 18 i 1 Mount Morgan. 016 6 6 12 Upper Watut 0 8 11 n. Unofficial— Woolworths, Ltd. .. 7 3 0 2 Sll Christchureh. Comm; Bank of Aust. 010 U 2IS 7 Bank of N.Z 2 5 0 4/10 Reserve Bank 6 7 6 3IS 5 Goldßbrough Mort .. 131 » ;> IB •> Staples and Co. ..... 113 6 219 8 N.Z. Farmers' Co-op. flQg ■„£ ) • . 0 010 — N.Z. NewspapeV. i, 118 0- 2 12.7 Woolworths (N.Z.) .. 5 4 » 2 3 7 Kaiapoi Woollen. .... 014 6 310 4 Tiniaru Brewery (10s) 014 6 4 2 9 Mount Lyell 1 f 1 2. 1 6 Gillespie's Beach ... 0 1. 2 45 9 Maori Gully 0 Oil 18 3 7 Upper Watut 0 0 2 n. Mahakipawa 0 0 I — Dunedin. Bank o£ N.Z 2 4 3 4 10-4 Nat. Bank N.Z. ... 8. 31» 0 213 4 Standard Ins. 3 2 6 4 0 0 National-Dm.• JB 3. 4 3 2 Broken Hill Pty. ....i, 219 9.3 ,7 0 N-.Z.Drug 316 0 4.4 2 a.—Market price includes accrued interest, but not brokerage. ■ . : b.—lncludes bonus. ■ i i.—lnterim div.. increased. ; I.—lnt. • div.' -rate- reduced. , . n. —Position-not available. ; 6. —Paid in sterling. !
SOUTH AFRICAN RAILWAY SURPLUS.
The South African railway budget reveals a surplus of £3,000,000. All depression cuts imposed on employees in 1932 will be refunded. Freight on high-rated goods, and harbour charges j will be reduced; the speeding up. of | railway services will be continued, and the housing of the lower-paid employees will be improved. ' The reductions in harbour -charges are designed to encourage the ships diverted by the war from the Suez Canal to continue to use the Cape route.
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Bibliographic details
Evening Post, Volume CXXI, Issue 83, 7 April 1936, Page 14
Word Count
493PRICE AND RETURN Evening Post, Volume CXXI, Issue 83, 7 April 1936, Page 14
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