STOCK EXCHANGES.

New Zealand Herald, Volume LXVIII, Issue 21030, 14 November 1931, Page 7

STOCK EXCHANGES.

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

REVIEW OF THE WEEK. BUSY PERIOD RECORDED. SOME EASIER TENDENCIES. Heavy dealing has been recorded on the Auckland Stock Exchange during the week and values have been well maintained at advanced level;,, although soniQ easier tendencies developed at the close of business. The gilt-edged section lias been quiet, the only active investment being 1937 per cent, bonds, which were freely turned over. Business remained at the steady price of £99 10s during (lie carlv part of the week, but there . has been a large turnover during the last two days at £99 5s and at the close there was a transaction at £99 2s 6d. Banks have commanded increasing sup port and levels for all issues have risen. Commercials weakened on trading, and after business up to 17s 2d have declined to 16s 7d, an advance of 6<l on hist week s closing prices. New South Wales have firmed to £29 and there has been active dealing in New Zealands from 48s 9d to 49s 6d, with a big proportion of the business a! the latter figure. In insurance Now Zealands have been fairly steady around 40s and South British have regis* lered further progress with dealing at 54s 3d, an advance of 6d. There has heen strong inquiry in loan and agency, hut turnover has been confined to Goldsbrough-Morts which, niter reaching 255, have progressively . declined to 235. Auckland Gas have registered daily sales with a rise of 3d over the. week to 23s 6d. Huddart-Parker shares are considerably dearer at 23s Bd, and New Zealand Breweries have made Is with advances to 33s 6d. Tooth's also moved up over Is, but have fallen back 6d to 20s 6d. The miscellaneous section has displayed considerable activity, particularly in Australian scrip. A rise of 30s to £37 has been recorded in Colonial Sugars. Australian Glass and British Tobaccos are both firmer, but stocks influenced by the metal markets are weakening after considerable advances. The preference issue of Electrolytic Zincs sold up to 20s in the middle of the week, but yesterday there was dealing at lss 6d, while Mount Lyells have dropped' 7d on mid-week levels to 20s 3d.

NEW COMPANIES. REGISTRATIONS IX AUCKLAND. The following companies have been registered in Auckland : PUBLIC. The Pirate Shippe, Ltd., Takapuna, restaurant, concert liall and ballroom proprietors, etc. Capital, £SOOO in £1 shares. Subscribers; Thomas G. Prentice, John Bowden, George A. Prentice, Eric W. Steele, Harold Drowley, John E. Setters and Leonard E. Hilton, ono share each. PRIVATE. Dentures, Ltd., dentists, general dental laboratory workers, manufacturers of and dealers in dental plates, etc. Capital, £1525 in £1 shares. Subscribers: Theo. E. Bridgen, 1065 shares; T. E. Sellars, 460 sltares. SOUTHERN" REG ISTR ATIONS. The following private companies have been registered in Southern centres:— Osmond and Son (New Zealand), Ltd., Wellington, manufacturers of and dealers in animal medicines, powders, condiments, etc. Capital, £12,000 in £1 shares. Subscribers: Osmond and Son (New Zealand), Ltd., in liquidation, 8000 shares; L. K.« Osmond, Grimsby, England, 4000 shares. Collins Quick Lunch Parlours, Ltd., Christchurch, refreshment room proprietors, etc. Capital, £3360 in £1 shares. Subscribers: 11. Collins, 1740 shares; B. Collins, 1570 shares.; C. G. Collins, 50 shares. Green's Model Shoes, Ltd., Gisborne, boot and shoe importers, retailers and repairers, etc. Capital, £3OOO in £1 shares. Subscribers: R. Green, 2250 shares; E. Green, 550 shares; E. Green, juur., A. Green, D. Green and J. Green, 50 shares each. TIMBER FROM RUSSIA. AUSTRALIAN DUMPING DUTY. CANBERRA. Nov. 13. Undressed timber imported into Australia from Russia is to be subjected to a special " dumping consignment duly." Tim amount of ilie duty is to be an amount which represents the difference between the. wholesale selling price in Australia and a reasonable selling price. This amount is to bo determined by the Minister. CALL AND DIVIDEND LIST. Dividends— Duo Burns-l'liilp, Ltd. —interim, 5 i>.c. Nov. Its National Insurance —final, 5d a share . Nov. 21 Dalgety—final, 'is a share .. Nov. it N.Z. Paper Mills—interim, 3 p.c. Nov. '2l Leyland-O'Bnen Timber final, 5d a share Nov. 25 National Bank of Australasia—interim, 3 p.c Nov. 25 Wilsons Cement—interim, Is a share . . . . . .. Nov. 2fi E.S. and A. Bank—final. 4 p.c. Nov. 20 Australian Glass Co.—-interim, 3 p.c. ord., 4i p.c. prof. . . Deo. 1 Henry Jones, Ltd.—final, fld a share . . . .. Doc. 1 Bank of New Zealand—interim. Is 4d a share . . . . . . Dec. 5 North Broken Hill, Ltd.—2s a fdiare . . . . . . . . Doc. 14 Mount Lyell—final, Gd a share Doc. 31 P. and O.—final, 3J p.c, .. Deo.

AUCKLAND EXCHANGE. Return on Sale Price. Investment. £ H d X s d Bonds, 1937, 5J (5) . . 99 5 (1 5 13 0 Ditto 99 2 0 5 13 0 Com. Bank Aus. . . 1] Hi 7 0 15 8 Bunk of X.Z. (2) ■> 9 !'■ 5 15 10 N.Z. Insurance . . o (1 (i 5 0 0 GoldsbroiiKh-Alort . . i :i 0 ■1 G 11 Hucidarl-l'ii rker . . i 3 8 » Electro. Zinc (p f. > 0 is G Far. Trading (B pf.) 0 12 I! 7 10 9 Auckland (Ins 1 3 0 0 10 o Ditto (con.) . . ■0 17 2 c, 19 9 Mount. Lycil 1 0 3 4 18 9 Late sales Thursday— Com. Bank A us. 0 10 7 G 15 8 Nnt. A'usin (con.) . 5 5 n * Bank of N.Z, 2 9 3 5 10 5 Ditto o 9 0 5 15 in Robinson Ice Cream 0 17 0 9 S 3 WELLINGTON EXCHANGE. Ins. Stock. 1937, 5} 99 o 0 5 13 0 Com. Bank Aus. . . f) 111 9 C> 14 4 Bank of N.Z. 2 9 G 5 15 10 Ditto 2 10 0 5 14 8 Staples' Brewery . , 1 8 0 7 2 10 DUNEDINEXCHANGE. E. t S. and A. Bank <1 1.2 0 5 3 9 The following sale s also took place Kildare, Is 7d (2): Okarito (late sale Thursday,i, 9s 9d. "Interim dividend [ reduced.