STOCK EXCHANGES.

New Zealand Herald, Volume LXIX, Issue 21221, 29 June 1932, Page 7

STOCK EXCHANGES.

YESTERDAY'S SALES.

RETURN ON INVESTMENTS.

Following is a list of yesterday's transactions on Now Zealand Stock Exchanges. In the second column is given the return based on the last annual dividend, from investment at tho 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 tho return on shares in companies which pay their dividends outside New Zealand exchange rates, being liable to fluctuation, have not been taken into consideration.

Tho first column gives the figures at which tho sales were rnado:—

AUCKLAND EXCHANGE. Return on Snle Prico. Investment. £bd £ s d Stock, 1037, 5} (Feb.Aucr.) . . . . 100 7 6 Ak. Har. B'd., 10G1, 6J (Jan.) (2) . . . . 98 10 0 Com. Bank Aua. (4) 014 0 t Bank N.S.W. . . 25 10 0 * Bank N.Z. - ..2 2 0 6 16 B N.Z. Insurance . . 118 0 5 5 3 South British . . 211 0 G 4 7 Tnrnnaki Oil ..013 Tho following sale also took pluco:— Coition Point, 7d. WELLINGTON EXCHANGE. Com. Bank Aus. .0110 t Bank of N.Z. (3) . 22 6 fi 14 n National Ins. . . 011 fi fi 10 5 N.Z. Refripr (10s pel.) 0 4 0 12 10 0 CHRISTCHURCH EXCHANGE.

Stk., 1937, (Sopt.March) (G) .. 100 10 0 _ Com. Bank Aus. 0 14 1 t Ditto . . 0 14 0 t Nat. Bank N.Z. . . SIR 513 10 Bank N.Z. . . 22 1 610 3 Tooth's Brewery . . 1 fi 0 fi 3 1 N.Z. Refricr. (i'l pd.) 010 11 3 3 3 United Bldg. Soc. (2) 014 3 7 0 4 Woohvorth (N.Z.) (pf.) 1 4 7} 7 6 2 Taranalii Oil . . 0 I C, Ditto . . ..014

The following sales also took place:— Golden Dawn, 5s 9d. 5s 7d (2); Golden Sands (Is paid), 13 lOd; Golden Point, 6M; Iving Solomon, la Old; Mahakipawa, 4d; Okarito, 9s sd. DUNEDIN EXCHANGE. Com. BYink Ana. (2) OHO f National Ins. . . 0 115 611 5 Tlio _following Kale also took place:— Gillespies Beach, par. "Interim dividend reduced. dividend pasßcd.

AUSTRALIAN STOCK EXCHANGES. YESTERDAY'S BUSINESS. (Received Juno 28. 8.25 p.m.) SYDNEY, Juno 28. On the Sydney Stock Exchange to-day Commonwealth bonds rose to record prices. A distinctly confident tone pervaded the market. In anticipation of good results from the Premiers' Conference, now sitting at Canberra, brokers appeared to have big buying, orders. Classified stocks, however, experienced only a moderate turnover, but generally retained firmness. Sales were:—Union Bank, £7 ss; Bank of New South Wales, £2B; Commercial Bank of Sydney, £ls 15s; Colonial Sugar, £45; United Insurance, £7 15s; New Zealand Inscribed Stock, si, per cent., 1937, £109; Australian Gas, A shares, 117s; Go!dsbrough-Mort, 22s 4|d: Winchcombe, Carson, 18s 7Ad : Tooth's Brewery, 2os 6d; Carlton Brewery, 31s 6d; British Tobacco, 29s lOid; Dunlop Perdriau, 12s 3d; Henry Jones, 30s 6d; Australian Glass, 39s 3d; North Broken Hill, 58s 9d; South Broken Hill, 41s; Taranaki Oil, Is 4jd; Electrolytic Zinc, pref., 21s 6d. Commonwealth 4 per cent, bonds sold as followsl93B, £95 3s 9d; 1941, £94 12s 6d; 1944, £92 17s 6d: 1947, £92 10s; 1950, £92 12s 6d : 1953, £92 12s 6d : 1955, £9l 7s 6d; 1957, £9l 6s 3d; 1959, £9l 13s 9d; 1961, £92.

Melbourne sales were:—Metropolitan Gas, 211s; Nestlo's, pref., 29s 6d; Commercial Bank of Australia, 15s 3d; North Broken Hill, 58s.

AUSTRALIAN SECURITIES

FIRMNESS IN NEW YORK

NEW YORK. June 27.

Sales of Australian Government bonds on Wall Street to-day compare with those of Juno 20 as follows*—

~ . , Dollars. Dollars Commonwealth— June 20. June 27 5 p.c. Jan.-July. 1955 .. f.Oi fill 5 p.c. Mar.-Sept.. 1957 ..' Goi 001 4} p.c. May-Nov., 195G .. 55 552 New South Wales—

5 p.c. Feb.-Auff.. 1957 . . 59} 001 5 i>.c. April-Oct., 1958 . . 59 591 Queensland — 7 p.c. April-Oct... 1942 . . 72 751 6 p.c. Feb.-Auk., 1917 . . 011 611

P. AND O. DEFERRED STOCK.

LONDON PRICE RISING

LONDON, June 27

P. and 0. deferred stock is quoted at 17s l-Jd, compared with 16s on Saturday.

This stock has been finning since Juno 16, when Mm quotation was 12s.

FOREIGN EXCHANGES. LITTLE CHANGE IN STERLING. (Received Juno 28, G. 25 p.m.) British Wireless. RUGBY, Juno 27. Tho following rates on foreign oxchanges are current, compared with tho cabled quotations on Juno 25 and par:— June. 27. Juno 25. Par. Montreal, dol. .. *4.14 4.15 4.BGG New York, dol. . 8.61} SJ.GIJ 4.BGG Paris, fr. .. 91 27-32 92 1-1G 121.21 Brussels, belga .. 25.95 20 35.00 Geneva, fr. .. 18.525 18.575 25.22 Amsterdam, 11. .. 8.94 8,955 1 2.10 Milan, lire .. 70 15-1(5 71 92.4(5 Berlin, r.m. .. 15.25 15.275 20.43 Stockholm, kr. .. 19 15-32 18.475 18.159 Copenhagen, kr. . 18 11-32 182 18.159 Oslo, kr. .. 20 5-16 20.30 18.159 Vienna, sch. .. 31 33 34.585 Prague, kr. .. 122 122.25 164.25 Helsingfora, mark 215 215 129.23 Madrid, pes. .. 43 25-32 43J 25.221 Lisbon, eseu. .. 110 110 110 Athens, dr. .. 557.50 557.50 375.00 Bucharest, lei. .. G2O (520 813.G Rio do Janeiro, mil. 51 51 5.899 d Montevideo, dol. 301 301 Old Bombay, rupee .. 17 Gl-G4 17 15-16 18d Shanghai, tael .. 19 13-1G 193 Hongkong, dol. . 15.25 15.25 Yokohama, yen . 18i 18J 2-1.58 d Batavia, fl. .. Belgrade, din .. 230 INominal.

CUSTOMS EXCHANGE RATES

Rates of exchange ruling at tho announced clato of departure of tlio vessels named are shown in tho following table. They arc subject to confirmation by the Customs Department when the exact time of departure is learned on the arrival of the vessel in New Zealand, finally declared rates being marked* :

Armadale, U.S.A., dollars . . . . 3.(18 Golden Cloud, U.S.A.. dollars . . 3.IVJ Canadian Highlander, Canada, dollars 4.21 Sydney Maru, Japan, yen .. .. 'iljd jNiagara, Canada, dollars . . . . 4.17

DAIRY PRODUCE PRICES. Joseph Nathan and Company, Limited has received the following cablegram from its London house, Trerigrouse and Nathan, Limited, dated June 27: —Butter, 96s (last report, 975); cheese, 57s (565).