STOCK EXCHANGES.

New Zealand Herald, Volume LXVIII, Issue 20866, 7 May 1931, Page 5

STOCK EXCHANGES.

YESTERDAY'S SALES. RETURN ON INVESTMENTS. Following is a list of yesterday's transactions on Ne\V Zealand Stock Exchances. In the second column is given the return, based on the last dividend, from investment at the quoted price. In the case of Government and other redeemable securities the return includes redemption. In calculating tho returns on shares in companies which pay their dividends outside New Zealand exchange rates, being liable to fluctuations, have not been taken into consideration. Tho first column gives tho figures at which tho sales wore mader: — AUCKLAND EXCHANGE.

AUSTRALIAN STOCKS. PRICES IN LONDON. LONDON. May 5. On the London Stock Exchange to-day New South Wales stocks were again marked down.-- The 4 per cents., 1933, foil from £63 to £55; the 3£ per cents., 1930-50, sold at £4l 10s; 6!, per cents., 1930-40, -at £7O ss; 6 per cents., 1930-40, £62. The other Australian stocks were generally steady. AUCKLAND COMPANIES. THREE NEW REGISTRATIONS. Three now companies, one public and two private, were registered in Auckland yesterday. Details are as follows: PUBLIC. Radio.Chain Stores, Limited, radio and gramophone dealers and mail order agents. Capital, £IO,OOO in 5000 preference shares of 10s each, and 30.000 ordinary shares of 5s each. Subscribers: Arthur Taylor, William Howard Thomas and William Alfred Leach, 200 ordinary shares each: Arthur I"rederick Holmes, 200 preference shares; Ethel H. Taylor and Alfred Leach, 100 ordinary shares each; Dougall Kenneth Duncan, 100 preference shares; Nancie Iveith, 5 ordinary shares. PRIVATE. 1 Hydra Racon Company, Limited, bacon curers and pork butchers. Capital, £20,000 in £1 shares. Subscribers: Fred Harrison, 19,900 shares; Beatrice Adair Harrison, 100 shares. Mount Campbell Gold Mining Company, Limited, miners and smelters of metallic ores. Capital, £SOOO in £1 shares. Subscribers : Eugen Langguth, 1700 shares; Nivon Buchan, 1650 shares; William Hoben, 700 shares; Alexander Wright Donald, 650 shares; Daisy Melsom and Lucy Cotter, 150 shares each. WILSONS CEMENT. FINAL DIVIDEND The directors of Wilsons Cement. Limited, advise that it has been decided to recommend payment of a final dividend of Is a share and a bonus of 6d a sharo. This is at the same rate as last year. BANK OF NEW SOUTH WALES. QUARTERLY DIVIDEND.

The head office of the Bank of New South Wales advises that a quarterly dividend of 9s a share will be paid in Australian currency on May 28. A dividend of 10 per cent, and a bonus of 2£ per cent, was paid for a number of years up to 1928. The bonus was dropped in 1929, and a further slight reduction to 9J per cent, was made for the year ended September, 1930. •The present quarterly rate has been paid since the September quarter of last year. FARMERS' TRADING COMPANY. PREFERENCE DIVIDEND The directors of the Farmers' Trading Company advise that the A and B preference shares dividend at the usual rate of 7 per cent, per annurh for the_ halfyear ended March 31 will be paid on May 20. AUSTRALIAN GLASS COMPANY. FINAL DIVIDEND. Cabled advice has been received to the effect that the directors of the Australian Glass Manufacturers' Company, Limited, have declared a final dividend of 4£ per cent, on tho preference shares and 3 per cent, on the ordinary shares. Since its inception in 1922 the company's profits increased annually from £139,370 in the first year to £207,893 in 1928-29; the report for 1929-30 showed a decline to £187,168. A dividend of 10 per cent, was paid annually, with a bonus of per cent, in 1929 and 1930. The interim dividend on the ordinary shares was reduced 2 per cent, to 3 per cent, in November last, and tho final dividend will make 6 per cent, for the year. DURO PLAtES, LIMITED. A report from Mr. T. Richards, who has been arranging for the exploration of Duro plates in America is to bo placed before a meeting of shareholders of NewEra Printers and Publishers, Limited (in liquidation), and Duro Plates, Limited, tomorrow. DAIRY PRODUCE PRICES. The New Zealand Producers' Co-opera five Marketing Association, Limited, has received the following cablegram from London: —Butter market quiet; New Zealand, 106s to 108s; Danish, to 114s. Cheese market quiet, white, 46s to 48s; coloured, 49s to 51s.

Return on Sale Prico. Investment. £ s d £ s d Corn. Bk. of Aust. . 0 14 2 8 16 5 Bnnk of N.S.W. 25 5 0 7 2 7 Bank of N.Z. 2 11 6 5 11 3 Union Bank 7 0 A 7 2 10 Colonial Sugar 34 0 0 7 7 1 The following sales also took place:— New Zealand Refrieeialins (con.). 2s lid: Moanataiari (3s 2d paid). <id; ditto (Is 6d paid). Id. WELLINGTON EXCHANGE. Com. Bank Aus. .. 0 14 0 ' 8 18 7 Bank of N.S.W. (2) 25 10 0 7 12 Huddart-Pajker 12 0 7 5 5 N.Z. Breweries (3) . 1 16 0 6 18 10 Mount Lyell 0 17 6 11 8 7 The following sale also took place:— Dalgety and Company, £6 19s. CHRISTCHURCH EXCHANGE. Bnnk A'aBia. 8 15 0 7 8 7 Cora. Bk. Aus. (3) . 0 14 0 8 18 7 Bank of N.Z. (3) .. 2 11 8 5 10 11 Ditto (2) 2 11 7 5 11 1 Bank of N.S.W. 25 0 0 7 4 0 Union Bank (lato 7 2 10 sale Tuesday) 7 0 0 United Building 0 13 9 7 5 5 N.Z. Breweries 1 15 9 r. 19 10 Ditto 1 15 6 7 0 10 The following sales also took place:— Kins Solomon, 2s 3d; Okarito, 7s lid: Dalgety and Company. JCG 30s. DUNEDIN EXCHANGE. Nat,. Bank of N.Z. 5 0 0 ii 0 0 Bank of N.Z. 2 11 G 5 11 3