STOCK EXCHANGES.

New Zealand Herald, Volume LXIX, Issue 21109, 17 February 1932, Page 5

STOCK EXCHANGES.

YESTERDAY'S SALES. RETURN ON INVESTMENTS. Following is si 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 oilier redeemable securities the return includes redemption In calculating the returns on shares in companies which pay their dividends outsido New Zealand exchange rates, being liable to fluctuation, have not been taken into consideration. 'J ho first column gives the figures at which the sales were made:—

AUSTRALIAN EXCHANGES. YESTERDAY'S BUSINESS. BARRIER SHARES RISING. (Received February lfi, 11.5 p.m.) SYDNEY, Feb. lfi. On the Sydney .Stock Exchange to-day there was a moderate turnover. Barrier shares are still rising owing to the higher prices for lead, spelter and silver. North Broken Hills were heavily traded with opening sales at 72s (id and closing business at 71s 3d. One parcel for New Zealand delivery made 71s. Broken Hill Proprietary sold at 16s 3d. Commonwealth Bonds again were weaker. Four per cents, sold as follows: 1938, £94 3s 9d; 1959, £92 10s; 1961, £92 lis 3d. Other sales were: Millaquin Sugar, 25s 6d; Australian Glass, 33s 3d ; Australian (las, "A" shares, 110s; flit to, B shares, 110s; Tooth's Brewery, 26s 9d : Toohey's Breweries, 18s; Toohey's securities, prof., 20s 7jd ; Carlton Breweries, 30s 6d; GoldsbroughMort, 26s 4/, d; Electrolytic Zinc., pref., 24s lid; Winchcombo ('arson, ex div., 19s lid; Commercial Bank of Sydney, £l6; Commercial Bank of Australia, 16s 6d; National Bank (£5 paid), 114s. At Melbourne early .sales were: Commercial Bank, 16s 6d: National Bank (£5 paid), 115s; Goldsbrough-Mort, 26s 3d: Carlton Brewery. 30s 6d: Herald and W'ceklv Times, 42s fid; Howard Smith, 8s; North Broken Hills, 71s 3d; South Broken Hills. 495; Zinc Corporation, 31s 7i,d; Sulphide Corporation, lis; Mount Hyoll, 22s 9d; Jlunlop I'erdriau, 12s 6d. AUSTRALIAN SECURITIES. QUOTATIONS IN NEW YORK. (Received February lfi, 5.5 p.m.) M'.W YORK, Feb. 15. Sales of Australian Government bonds on Wall Street, 10-dav compare with those of February 8 as follows:- — Dollars. Dollars. Commonwealth Feb. 15. Feb. 8. r> p.c., Jan.-.lnly. 1955 .. 523 521 5 p.c., March-Sept., 1057 52] 52) 41 p.c.. May Nov., 105G . 4Gi 47 New South Wales--5 p.c., Feb.-Aug., 1057 . . 431 M 5 p.c.. April-Oct., 1058 .. 42; 431 Queensland 7 p.c., April-Oct., 10t'2 * * G p.c.. Fcb.-Ane., 1017 . . * • * Not quoted. FOREIGN EXCHANGES. STEADINESS OF STERLING. British Wireless. RUGBY, Feb. 15. Tho following rates on foreign exchanges were current on Saturday, compared with tho cabled quotations on February 12 and par:—

CUSTOMS EXCHANGE RATES. Rates of exchange ruling at the announced dale of departure of tlie vessels named are shown iti the following table. They are subject to confirmation by the Customs Department when the exact time of departure is learned 011 the arrival of the vessels in New Zealand, finally declared rates being marked* : City of Lincoln, U.S.A., dollars .. 3.39 Mariposa, U.S.A., dollars 3.45 Aorangi, Canada, dollars . . .. H.Ofi Port Hunter, New York, dollars . . J1.45J Canadian Conqueror, Canada, dollars 4.10 CARLTON BREWERY, LTD. LOWER ANNUAL DIVIDEND. A final dividend of 4 per cent, has been declared by Carlton Brewery, Limited, Melbourne, making, with the interim dividend ot the same amount, 8 per cent, for the year. The dividend tor the previous year was 10j per cent. • ADELAIDE STEAMSHIP CO. STEADY INTERIM DIVIDEND. The Adelaide Steamship Company, Limited, has declared an interim dividend for the half-year ended December 31 at the late of 4 per cent, per annum. The dividend is at the same rate as that paid last year and is payable on March 8.

AUCKLAND EXCHANGE. Return on Sale Price. Investment-. £ s. d. £ H, (1. Bonds. 1037, 51 00 to 0 5 12 -1 ins. Sf.k.. 1038, 4 (Into sale Monday ! 04 17 r, 5 10 (i Ditto. l!):t!), -11 . 04 17 (i 5 8 r t Ditto, 1037, 5! . Oil 7 i; r» 12 l'l Ak. K.P.B., '45, 51 (2 ) 07 10 0 5 15 7 Now'ket B., '44, 52 (!2) 00 10 0 5 i<; 3 Auckland Gas, '35, (51 101 10 0 5 Hi + 3 Com. Bunk Aus. . (1 14 •M Ditlo . 0 14 4 + Nat. Bank of N.Z. . . :i 11 0 • Bank of N.Z. (2) . . 2 4 0 (i 8 1 Colonial Sugar . 30 0 0 fi 8 3 Wnihi . 0 17 1') 11 R Mount Lyell . . . 1 0 (i 4 17 8 The following unles also took place Bonds, 193:!. 51. £08 2s ikl; Colonial Suc:ir (Into eftlo Monday), £'30: Kine .Solomon, Is lOd. WELLINGTON EXCHANGE. Colonial Susar . 30 15 0 G 5 10 CHRISTCHURCH EXCHANGE. Com. Bank of Ann. 0 11 4 + N.Z. Guar. Corp. ..04 0 8 15 5 Willo . . . 0 4 7 0 1 10 Christchureh Gas . . 1 4 1(1 r» 8 1(1 Mount Lyell . . . 1 0 4 4 18 4 Ditto . 1 0 3 4 18 0 The following sale also took place Okarito. 9s (id (2). DUNEDIN EXCHANGE. Bank of N.Z 2 4 7 <i K 0 Mount Lyoll . 1 0 G 4 17 8 •interim dividend reduced 1 Interim dividend )aasod.

Feb. 13. Feb. 12. Par. Montreal, dol. .. 3.9S 3.98 4.800 New York, dol. . :i.4« 3.45 4. SCO Paris. fr. 87 7-16 87 7-10 124.21 Brussels, belga .. '2-4.75 24.70 35.00 G cuevn, fr. 17 11-10 17 11-10 25.22 Amsterdam, 11. .. 8..VI 8.525 12.10 Milan, lire c,(i 5 00.50 92.40 Berlin, r.m. 14 0-1G 14.50 20.43 Stockholm, kr. .. 17 J 171 18.159 Copenhagen, kr. . m 181 18.159 Oslo, kr. 182 181 18.159 Vienna, sell. 32 32 •14.585 Prague, kr. 117 110 104.25 FTelsinKfors, mark '2-23.50 224 129.23 Madrid, pes. 44 43.75 25.221 Lisbon, eseu. 100.75 109.75 110 Athens, dr. _ .. 270 205 375.00 Bucharest, lei. .. 775 577.50 813.0 Rio tie Janeiro, mil 4 3-1G 4 3-10 5.83'jd Buenos Aires, dol. 31.50 39.50 47.019d Montevideo, dol. 31 31 51 d Bombay, rupee .. 18 5-32 18 5-32 18d Shanghai, tael .. 22 15-10 22 29-32 — Hongkong, dol. . 17.50 17 15-32 — Yokohama, yen . 24.50 24 J 24.58d Batavia, 11. 8.50 — 12.10