TRADE AND FINANCE

Evening Post, Volume CXXVII, Issue 17, 21 January 1939, Page 17

TRADE AND FINANCE

PRICE AND RETURN

Latest notified sales of stocks and shares on the Wellington Stock, exchange are shown hereunder, with the approximate yields per cent, per annum—redemption and brokerage being- considered on Government and other debentures where dated. Returns are based on approximate prices reported for the week ended noon yesterday and the last annual dividends, plus bonuses, if any. The 3J per cent. Government Stock and Bonds are free ol income tax to their pre-conversion maturity dates, but all yields are subject to any appropriate taxation and exchange.

a.—Market price includes accrued interest but not brokerage. o.—Free of English income tax. s.—Paid in sterling. u.—ln Australian currency.

Last div. p.c. p.a. Approx. price last week. . £ s. d. Approx. price this week. £ s. d. Yield p.c. p.a. •£ s. d. 3overnment Loans— Stock (1939-43) , .a. 3% Stock (1939-52) a. 3% Stock (1946) a. 4 Stock (1949) a. 4 Stock (1955) a. 4 Bonds (1938-41) a. 3% Bonds (1949) .a. 4 Bonds (1955) a. 4 97 0 0 97 0 0 98 2 6 96 7 6 97 0 0 97 10 0 ■ 99 0 0 98 2 6 98 0 0 97 0 0 98 0 0 99 0 0 4 7 6 4 6 0 4 3 1 5 9 1 4 6 4 4 16 Local Bodies DebenturesAuckland Harbour (1952) 4 1/* Auckland Harbour (1959) Dunedin Drainage (1953) 4 1/* Otago Harbour (1946) — Newmarket Borough (1940) 4Vi Wellington Harbour (1940) ....... 4 1/* 100 10 0 99 10 0 100 15 0 100 10 0 99 17 6 101 10 0 BanksBank of N.Z.. £1 10 Bank of N.S.W., £20 u. 6 Comm. of Aust., 10s ..: u. 71-12 E.S. and A., £5 (£3 pd.) o. 7 Nat. of N.Z., £7 10s (£2 10s **, pd.)- o.s. 4% Nat. of Australasia, £10 .... ..u. 6 Nat. or Australasia, £8 (£5 pd.) u. 6 Union, £15 (£5 pd.) u. 7 2 0 0 0 16 0 5 9 0 2 8 6 8 13 0 1 19 9 31 10 0 0 15 11 5 7 0 2 7 9 9 16 0 6 18 0 8 12 6 8 0 7 3 17 5 4 9 0 3 18 6 4 14 3 4 17 4 6 11 4 1 2 Breweries— "New Zealand, £1 •• 8% Swan, 5s 25 Tooth's, £1 , .,.11%. 2 10 19 6 2 16 0 4 2 11 -4' 4 8 4 2 1 Coal— , i ■■ Kaitangata, £1 (10s pd.) .15 5-8 Renown (ord.), 12s .....' .'617-18 Westport, 10s 10 Westport-Stockton (pr,ef.), 10s 6 0 8 4 0 7 0 1 6 6 0 8 4 1 1 0 0 7 0 5 17 11 10 0 0 4 15 2 8 11 5 Finance and Pastoral— Dalgety & Co., £20 (£5 pd.) .... 6 Metropolitan Bldgs., Wn 6 7 15 0 11 10 0 3 17 5 5 4 4 Gas-r-Auekland, £1 5% Auckland, 15s (con.) 5A Wellington (pref.), £1 ..»• 5 0 19 3 19 9 0 19 6 0 13 0 1 10 0 5 12 9 6 6 11 5 6 8 Insurance— . National, £ 1 (7s pd.) 10 5-7 New Zealand. £1 .....10 South British, 10s 14 1-6 . Standard, £5 (£1 pd.) 12% 0 15 6 2 11 2 2 2 0 0 15 6 2 11 3 2 2 0 2 11 0 4 16 9 3 18 0 3 7 5 4 18 0 MeatGear. 10s '••• ■",'••■ "*fl N.Z. Eefrig., £1 .......'■•* 5" Wgtn. Mt. Export (pref.), £1 .... — Auck. Fanners Freezing, £5 '....— 0 12 0 0 12 0 0 17 1 0 8 0 5 5 0 4 17 2 8 8 9 Mining— i Grey River — Martha, 5s : .... — Mt. Lyell, £1 — Mount Morgan, 2s 6d — j Placer Development —• Nokomai — -I Waihi Invests. , •— Waihi Grand Junction, 2s ........— 0 18 0 0 11 6 0 10 ~7 0 3 3 0 17 4 0 11 6 1 7 5 • 0 10 5 3 17 0 0 16 0 8 7 0 3 3 Oil Taranaki Oil Fields — 0 8 8 Timber— Kauri, 25s :.... 6 Leyland-O'Brien, £1 5Kaiapoi, 17s 4 0 14 9 1 2 9 0 14 8 0 S 0 6 12 11 0 16 4 8 10 0 MiscellaneousAnthony Hordern, £1 5 Australian Glass, £ 1 15 Beath and Co., £1 5 British Tobacco, £1 10 British Tobacco, £1 (pref.) . 6%. Broken Hill Pty., £1 12% Broken Hill Pty. (con.) — Colonial Sugar, £20 7% Consolidated Brick, £1 .« 4 Dunlop-Perdriau, £1 7 Electro. Zinc (ord.), £1 15 Electro. Zinc (pref.), £1 15 , G. J. Coles, Ltd., £1 17% Henry Jones Co-op., £1 10 Macduffs, Ltd. (pref.), £1 6 M.K. Manufacturers .,....*. 18 '. Imperial Chemical (pref.) — Radio, 1936, 10s 15 Reid Rubber — > Wilson's Cement, 10s .J 7% Woolworths, N.Z., 5s 16 Woohvorths, Ltd., 5s 15 Woohvorths (2nd pref.) 7 Woolworths Holdings S.A — J;2 11 0 48 10 0 0 8 0 . 116 2 11 6 4 2 0 1 1 0 0 15 9 0 19 0 12 0 0 15 6 0 16 0 5 12 0 0 17 3 ■ 2 10 0 1 13 0 2 18 0 2 5 0 48 10 0 0 8 0 1 1 1 2 7 0 2 11 9 4 2 6 2 9 6 0 ±0 0 0 7 10% 1 4 0 o ia 6 •11 3 0 15 10 0 18 6 1 111 19 3 0 15 2 6 5 0 2 13 6 5 18 3 4 0 0 3 18 9 4 6 2 3 1 10 10 0 0 6 12 0 6 7 7 5 15 11 4 4 10 4-0 9 12 0 0 11 8 6 4 3 4 9 19 7 10. 7 4 14 8 4 6 5 3 8 5 4 15 8 Unlisted— Niven, J. J. -~ Burt, A. and T > — 0 9 0 0 11 6