PRICE AND RETURN
Latest sales reported and made on the Stock Exchanges of the Dominion, with the highest prices and approximate yields per cent, per annum to investors (all subject to appropriate taxes and exchanges where operative), based on last year's distributions and considering redemption and brokerage in the case of redeemable securities where dated, were as
a.—Market price includes accrued interest but not brokerage. STEDMAN HENDERSON SWEETS. A recovery in net profit is shown by James St dman Henderson's Sweets, Ltd., Sydney, for the year ended June 30. Some of the shares are held in New Zealand. The profit of £34,423 is an increase of £9819, compared with the previous year, for which the profit had fallen heavily. Ordinary dividend, increased from 4 per cent, to 4-J per cent., requires £23,881. It is proposed to pay 3£ per cent, of the dividend out of Australian profits, and 1 per cent, out of New Zealand profits. Preference dividend of 10 per cent., less statutory deduction, amounts to £7750, leaving £8495 to be carried forward, against £5703 brought forward. Though the company's trade expanded slightly, the directors state, the effect was largely offset by increased costs, which, owing to keen competition, it was impossible to pass on.
Highest Yield, price, p.c., p'.a. £ s. d. £ s. d. Wellington. Inscr. Stock, 4 p.c, 31/5/1954-58 a. 96 0 0 17 4 Inscr. Stock, 4 p.c, 15/2/1943-46 a. 97 10 0 4 7 10 Inscr. Stock, 4 p.c., 15/3/1940-43 a. 99 7 6 4 11 8 Wgton. Gas, pref 10 3 4 18 9 Carlton Brewery 3 10 0 4 5 8 A.C. Industries 1 17 0 3 14 1 A.C. Industries, rights 0 4 4 — Broken Hill Pty 3 12 0 3 9 o Dunlop-Perdriau .... 0 19 0 7 7 4 Electro. Zinc, ord. ... 3 0 0 5 0 0 Woohvorths, Ltd. ... 126 3 17 9 Waihi Investments ... 0 6 6 — Mount Morgan 0 11 2 — Metters (N.Z.) 0 14 2 — Auckland. Govt. Bonds, 4 p.c, 15/2/1943-46 a, 98 5 0 4 5 2 Inscr. Stock, 4 p.c, 15/3/1940-43 a. 99 10 0 4 11 0 Inscr. Stock, 3% p.c, 15/9/1939-43 a. 99 5 0 — Standard Insurance .. 2 14 0 4 12 7 Auckland Gas 0 15 0 6 13 4 A.C. Industries 1 17 0 3 14 1 A.C. Industries, rights 0 4 3 — Broken Hill Pty 3 14. 6 3 7 1 Wilson's Cement .... 0 16 6 4 10 10 Woohvorths, Ltd 13 6 3 14 5 Waihi Investments .. 0 6 6 — Broken Hill South .. 1 13 6 — Mount Lyell 1 15 3 4 5 1 Metters (N.Z.) 0 14 0 — Christchurch. Inscr. Stock, 4 p.c, 15/4/1946-49 a. 98 10 0 4 6 7 Bank of N.Z 1 18 0 5 5 3 Goldsbrough. Mort. .. 19 9 3 0 6 Tooth and Co 2 11 9 4 8 10 A.C. Industries, rights 0 4 7 — British Tobacco 289 * 2 0 Broken Hill Pty 3 14 0 3 7 6 Electro. Zinc, pref. .. 3 2 0 4 16 9 Woohvorths, Ltd 13 0 3 16 1 Broken Hill South .. 1 13 9 - Mount Morgan 0 11 0 — Mount Lyell 1 15 3 4 5 1 North Broken Hill .. 2 14 6 — Rawang Tin 0 10 0 — Dunedin. Inser. Stock, 4 p.c, 15/3/1940-43 a. 99 10 0 4 11 0 Bank of N.Z 1 13 0 5 5 3 Standard Insurance .. 2 14 0 4 12, 7 A.C. Industries, rights 0 4 0 — Electro. Zinc, pref. .. 3 10 4 18 4 Broken Hill South .. 1 13 0 — Mount Lyell 1 14 6 4 6 11 Mount Morgan 0 11 0 — ~ Nokomai Gold 0 19 — North Broken Hill .. 2 14 3 —
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19390913.2.124
Bibliographic details
Evening Post, Volume CXXVIII, Issue 64, 13 September 1939, Page 12
Word Count
616PRICE AND RETURN Evening Post, Volume CXXVIII, Issue 64, 13 September 1939, Page 12
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