STOCK EXCHANGES.

New Zealand Herald, Volume LXIX, Issue 21168, 28 April 1932, Page 5

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, b;>sed on the last annual dividend, from investment at the quoted price. In the case of Government and other redeemable securities no return is given, in view of the new method of quotation, but the months in which interest is due are shown. In calculating the returns on shares in companies which pay their dividends outside New Zealand exchange rates, being liable to fluctuation, have not been taken into consideration. The first column gives the figures at which the sales were made: — AUCKLAND EXCHANGE. Rot urn on Sale Price. Investment. X s. d. X 6. d. Bonds, 1037, 5 J (Sept.-March) . . 00 0 0 N.Z. Insurance (2) . . 115 6 51? 7 South British . .2 8 0 5 10 7 Auckland Gas . . 1 0 6 fi 16 7 Ditto (con.) .. 014 0 724 Northern Steam. .. 0 5 6 + The following sales also took place:— Golden Dawn, 6r; Golden Point, ocl. WELLINGTON EXCHANGE. Stock, 1037, 5} (Feb.-Aup.) . . 00 0 n Electrolytic Zinc . 010 2 Mount Lyell . . . . 018 0 511 1 CHRISTCHURCH EXCHANGE. Stock, 1033, 4J (Mav-Nov.) .. 0115 0 Stock. 1037, (Sept.) . . . . 00 7 6 E., S. and A. Bunk (3) 1 0 0 fi 0 0 Nat. Bank of Ans. . . 015 0 6 3 1 Bank of N.Z. (2) ..2 3 3 612 7 Union Bank . . ..606 Mount Lyull . . . . OIS 4 5 9 1 The following sales also took placerGolden Point. 5d (14): King Solomon, Is Id (3): Golden Progress, 2s 6d. 'lnterim dividend reduced. ■(lnterim, dividend passed. AUSTRALIAN STOCK EXCHANGES. YESTERDAY'S BUSINESS. (Received April 27, 10.5 r.m.) SYDNEY, April 27. On the Sydney Stock Exchange to-day investors were cautious. Commonwealth 4 per cent, bonds were weaker, selling as followsl93B, £95 3s 9d; 1941, £93 7s 6d ; 1944, £9O 10s; 1950, £9O 15s; 1955, £9O ss; 1957, £9O 12s 6d. Other sales were: Commercial Bank of Sydney, £ls ss; Huddart-Parker, 24s lOAd; Burns-Philp, 40s lairymead Sugar, 22s 6cl; Henry Jones, 29s 4J,d; Mercantile Mutual, lis Australian General Insurance, 6s 4<l; Carlton Brewery, 31s 9d; Tooth's Brewery, 25s 7J,d; Toohey's Brewerv, 16s 4£d; GoldsbioughMort, 24s 9d; Berlei, 19s 6d; Winch-combe-Carson, 18s 7VI; Dunlop-Perdnau, lis 2d; South Broken Hill, 42s 3d; Isorth Broken Hill, 62s 6d. Melbourne sales were: Dunlop-ler-driau, lis 4d; Mount Lyell, 20s 3d.

LONDON STOCK. EXCHANGE. BANK SHAPES AND DEBENTURES. LONDON.. April '26. On the. London Stock Exchange to-day quotations of bank shares and other corporation debentures and s'ocks compare with previous quotations as follows: April 26. April 12. .Banks- £ s d £ s A Australasia .... 713 9 7176 New South "Wales , 21 0 71 20 15 0 Union of Australia 5 6 3 5 2 6 National of N.Z. . 217 217 6 N.Z. 4 p.c. ruaranteed stock • . . 88 10 0* 90 10 0 New Zealand, shares 1 17 6 22 6 Debentures, etc. — N.Z. Loan and Merc. cantile, 4 p.c. . . 57 0 0 57 0 0' N.Z. Loan and Merc, cantile. ord. stock 30 10 0 30 10 0 *Ex div. LEYLAND-O'BRIEN, LTD. INTERIM DIVIDEND DEFERRED. Owing to the unsettled state of the timber industry, the directors of the Leyland.O'Brien timber Company, Limited, decided yesterday to defer payment of nn interim dividend until the full year's accounts are available. Last year the company paid 5 per cent, on its capital of £120,000, of which 7d a share was distributed as an interim dividend in April. The company's year ends on September 30. TRADERS' FINANCE CO. PREFERENCE DIVIDEND. An interim dividend at the usual rate of 7 per cent, per annum on preference shares has been declared by the directors of the Traders' Finance Corporation, Limited, of Auckland, for the half-year ended March 51. Payment will be made to-morrow. No declaration has been made on ordinary shares, which received no dividend Inst year. The company has a paid capital of £01,497 10s, comprising 34.077 £1 preference shares, 10,000 ordinary shares fully paid at. 17s 6d and 129,788 paid to 7s 6d.

FOREIGN EXCHANGES. STERLING SLIGHTLY EASIER. British Wireless. KI'GBY. April 26. The following rates on foreign exchanges are. current, compared with the cabled quotations on April 23 and par: — April 26. April 23. Par. Montreal, dol. .. 4.06 4.10J 4.866 New York, dol. . 3.(V1 3.08 4.866 Paris, fr. .. 923 935 1'24.21 Brussels, belga . £15.95 26.20 3.1.00 Geneva, fr. .. 18.75 18 15-16 25.22 Amsterdam, fl. .. £.975 9.08 12.10 Milan, lire .. 701 71S 92.46 Berlin, r.m. .. 15.30 15.50 20.43 Stockholm, kr. .. 19.95 20.20 18.159 Copenhagen, kr. . 18,20 18.25 18.159 Oslo, kr. .. 19 13-16 20.10 18.1t>9 Vienna, sch. .. 32 32 34.585 Prague, kr. .. 122.50 124.25 164.25 Heisingfors. mark 215 215 129.23 Madrid, pes. .. 48 916 47 5-16 25.221 Lisbon, e3cu. .. 110 110 110 Athens, dr. .. *290 300 375.00 Bucharest, lei. .. 612.50 615 S 13.6 _ Rio de Janeiro, mil. 4.25 4.25 5.8:99 d Buenos. Aires, dol. 36.25 86 i 47.619 d Montevideo, dol. 30 30 51d Bombay, rupee 17 15-16 17 15-16 18d Shanghai, tael .. 20 13-32 20 1-16 Hongkong, dol. . 15 5-16 15 1-16 ~7 , Yokohama, yen . 21 3-16 20 10-lb Batavia, (1. .. 9.06 "Sellers. CUSTOMS EXCHANGE RATES. Rates of exchange ruling at, the announced date of departure of the vessels named are shown in the following table. They arc subject to confirmation by the Customs Department when the exact time of departure is learned on the arrival of the vessels in New Zealand, finally declared rates being marked*:— Golden Cross, U.S.A.. dollars . . . . 3.79} Brisbane Maru. Japan, yen .. .. 2ljd Benliolm, U.S.A., dollars . . • • 3-''s Canadian Challenger, Canada, dollars 4.19 P. AND O. DEFERRED STOCK. LONDON, April 26. P. and O. deferred stock is quoted today at 14s 6d, same as yesterday.