STOCK EXCHANGES

New Zealand Herald, Volume LXIX, Issue 21240, 21 July 1932, Page 5

STOCK EXCHANGES

YESTERDAY'S SALES RETURN ON INVESTMENTS Following is a list of yesterday's transactions on IView Zealand Stock Exchanges. In tho second column is given the return, based oil the last annual dividend, from investment at the quotod price. In tlio caso of Government and other redeemable securities 110 return is given, in view of th 0 new method of quotation, but the months in which interest is due are shown. In calculating tlio return 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.tho sales wcro made:—

AUCKLAND EXCHANGE Return on bale Price Investment „ £ b. d. £ 8 . d. Bonds. 1939. 4i (Apl.-Oct.) . . 96 5 0 Ditto. 1933, 51 (Jan.-July) .. 99 10 0 Stock, 1937. 51 (Sept.-Mar.) (2) . 101 0 0 Com. Batik Aus. . . 014 1 310 11 E., S. and A. Bank 4 3 6 * Bank of N.S.W. . . 20 10 0 * Bank of N.Z. . . '2 5 9 6 5 4 Nat. Insurance . . 012 4 0 17 Ditto 0 12 5 G 1 4 Standard . . ..213 610 Colonial Sugar (2) . 41 15 0 5 19 9 Wilsons Cement . . 111 0 6 9 0 British Tobacco ..184 * The following sales also took place:— Consolidated Goldfielda, ss; Golden Point, GJd; Okarito, 9s, 8s lOd. WELLINGTON EXCHANGE Bonds, 1937. 5i (Sept.-Mar.) . . 101 2 6 Union Blink . . .. 7 2 0 2 16 4 National Insurance . 012 6 6 1 1 Ditto 0 12 4 6 1 7 Anck. Gas (con.) .. 014 10} * N.Z. Breweries . . 1 6 4 6 1 6 Mount Lyell .. 0 17 6 t CHRISTCHURCH EXCHANGE Stock, 1937, 5i (Feb.AUK.) (3) _. . 101 5 0 Com. Bank Aus. (3) 014 1 310 11 Nat. Bank A'asia (£5 paid) . . . . 5 7 0 512 2 Bank of N.S.W. .. 27 0 0 * Union Bank (2) .. 7 10 216 6 E., S. and A. Bank 4 3 0 * N.Z. Insurance (10) 2 0 0 5 0 0 Goldsbrough-Mort . . 1 2 7 2 4 3 N.Z. Guarantee Corp. 0 4 7 * N.Z. Refrig. (10s pd.) 0 4 8 30 14 1 Ditto 0 4 7 10 18 2 N.Z. Breweries (2) .. 1 6 3 6 1 11 Ditto 1 6 5 6 1 1 Dunlop Rubber .. 011 10 * Mount Lyell ('2) 0 17 6 | Ditto 0 17 5 t The following sales also took place:— New Zealand Breweries, 26s 4d (2); Kins Solomon, la 10d; Okarito, 8s 8d; Consolidated. 5s 6d; Golden Dawn, 4s Bd, 4s 6d (2); Golden Point, 6id (5).

DUNEDIN EXCHANGE Stock, 1933. 5i (Jan.-July) . . 90 5 0 Ditto 99 12 6 Com. Bank Aua. .. 014 5J 39 2 The following sales also took place:— Oknrito, 8s 9d; King Solomon, 2s. •Interim dividend reduced, tlnterim dividend passed.

AUSTRALIAN STOCK EXCHANGES YESTERDAY'S BUSINESS (Received July 20, 8.5 p.m.) SYDNEY, July 20 On the Sydney Stock Exchange to-day there was a slight falling off in the turnover which of late has been heavy. Prices were steady to firm. This morning's sales were:—Commonwealth 4 per cent, bonds, 1938, £9B; 1941, £97 12s 6d; 1944, £97 lis 3d; 1961, £97 10s. Commercial Bank of Australia, 15s 9d; Toohey's Brewery, 19s 9d; Tooth's Brewery, 29s lO^d; British Tobacco, 32s l£d; Colonial Sugar, £46 10s; Winch-combe-Carson, 21s 6d. Sales this afternoon were: —Bank of New South Wales, £29 10s; Commercial Bank of Sydney, £l6 10s; Commercial Bank of Australia, 15s 9d; Ditto, New Zealand delivery, 15s 9d; Colonial Sugar, £46 15s; Mercantile Mutual Insurance, 16s 6d; Howard Smith, 9s 4d; British Tobacco, 32s l£d; Dunlop-Perdriau, 12s 8d; Wijichcombe-Carson, 21s 6d; Australian GlasSj 40s 3d; Burns-Fhilp, 45s 3d; Henry Jones, 32s 8d; Nestle's, pref., 30s; Tooth's Brewery, 29s 9d; Toohey's Brewery, 19s 6d; Australian Gas, A shares, £6 7s; B shares, £6 7s 6d; Broken Hill Proprietary, 17s; North Broken Hill, 62s 3d: Taranaki Oil, Is 3d. Commonwealth 4 per cent, bonds, 1938, £97 17s 6d; 1941. £97 10s: 1944, £97 13s 9d; 1947. £97 17s 6d; 1953, £96 10s: 1955, £96 15s; 1959, £96 16s 3d; 1961, £97 2s 6d. Melbourne sales were:—English, Scottish and Australian Bank, 92s 6d; Dun-" lop-Perdriau, 12s lid; Gordon and Golch, 27s 3d; Ml. Lyell, 19s 2d.

LONDON STOCK EXCHANGE

BANK SHARES AND DEBENTURES LONDON, July 1D On the London Stock Exchange to-day quotations of bank shares and other corporation debentures and stocks compare with previous quotations as follows: Banks— July 5 July 19 £ s <1 .C a d New South Wales .. 20 1,0 0 23 0 0 Australasia .. .. 818 9 810 0 Union of Australia G 2 C 515 0 N.Z. 4 p.c. guaranteed stock , , 91) 0 0 9C> 17 C New Zealand shares 22 C 210 0 Debentures, etc.— N.Z. Loan and Mercantile, 4 p.c. ~ G1 10 0 58 5 0 N.Z. Loan and Mercantile, ord. stock no 10 0 28 0 0

WELLINGTON GAS CO. USUAL INTERIM DIVIDEND The directors of the Wellington Gns Company, Limited, have advised the Stock Exchango Association that an interim dividend of 4 per cent, has been declared for the half-year ended June 30. This is at tho same rate as last year. DIVIDENDS REDUCED TWO CANADIAN BANKS MONTREAL, July 19 The Bank of Montreal and the. Royal Bank of Canada to-day reduced their annual dividend rates from 12 to 10 per cent, by declaring a quarterly dividend of 2£ per cent, instead of 3 per cont. LONDON WOOL SALES QUIETER TONE REPORTED LONDON, July 19 At the London wool sales to-day 8924 bales were offered, including 2935 from New Zealand, and about 6130 were sold. There was a quieter tone, buyers having covered the bulk of their requirements. There were some withdrawals and prices occasionally were irregular. P. AND O. DEFERRED STOCK LONDON, July 19 P. and 0. deferred stock is quoted at 16s; 3d, compared with 15s yesterday.