STOCK EXCHANGES

New Zealand Herald, Volume LXIX, Issue 21250, 2 August 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, based 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 shown. In calculating ihe return on shares in companies which pay their dividends outside New Zealand exchange rates, being liable to fluctuation, have not been taken into consideration Ihe first column gives the figures at which the sales were made: AUCKLAND EXCHANGE O,T, . Keturn on bale I nee Investment Com Bank Aus. .. *0 Kin i n T> i •• •• 0 13 10 312 3 TT a " T}' i " • • 2 7 3 6 1 4 Union Bank .. .. t; 17 o 218 1 National Insurance . 012 7 519 1 N.Z. Insurance . . 2 0 0 418 0 Colonial Sugar (2) 42 0 0 519 1 Gear Meat . . .. 112 G 63 1 The following sale olso took place:— Commercial Bank, 13a 10{d. CHRISTCHURCH EXCHANGE Bonds, 1937, 5i (Sept.-March) .. 101 5 Stock, 1938, 4J (May-Nov.) . . 9G 0 0 Stock. 193G, 5J (Fcb.Aug.), ex. int. . . 98 11 3 Com. Bank Aus. . . 013 10 312 3 Ditto . . . . 013 9 312 9 Goldsbrough-Mort (8) 1 2 0 2 5 5 Westport-Stockton ..0 0 5 Union Steam (pref.) 1 0 0 510 0 British Tobacco ..181 * Colonial Sugar (3) . 11 15 0 5 19 9 Ditlo . . . . 41 17 6 5 19 5 Mount Lyell . . ..0174 + Ditto . . .. 017 li + The following sn.l-3 also took place:— Kins Solomon, Is 3d. WELLINGTON EXCHANGE Stock. 1939, 4} (April-Oct.) ~ 90 0 0 Ditto, 1937. 6| (Sept.-March) . . 101 5 0 Bank of N.Z. . . 2 7 (1 0 0 8 Ditto (2) . . ..2 7 0 0 2 0 Nat. Bank of N.Z. . . 3 9 0 5 0 9 Groldsluough-Mort (2) 1111 2 j 7 Tooth's . . . . 1 6 4 0 10 Gear Meat . . • . 112 3 6 4 0 Union Steam (pref.) 1 0 0 510 0 Waihi 0 15 6 12 18 10 DUNEDIN EXCHANGE Stock. 1037. 51 (Sept.-March) . . 101 5 0 The following sale also took place:—King Solomon, Is 3d. •Interim dividend reduced, tlnterim dividend paßsed. BANK'S DIVIDEND NEW SOUTH WALES PAYMENT PREVIOUS RATE MAINTAINED The directors of the Bank of New South Wales have declared a quarterly dividend of 5s a share, payable in Australian currency at. the head office, Sydney, on August 30, and at branches upon receipt of advice. The dividend is for the quarter ended June 30, which is the third of the bank s current financial year. It is at the rate of 5 per cent per annum, the same as that paid in the previous quarter, as against a rate of 6 per cent per annum in the first quarter and 8 per cent for the last financial year. New Zealand shareholders will receive approximately 4s 5d a share for the quarter. The paid capital of the bank is £8,780,000. SYDNEY STOCK EXCHANGE CLOSED OWING TO HOLIDAY SYDNEY, Aug. 1 The Sydney Stock Exchange was closed to-day, which was a bank holiday. NEW COMPANIES AUCKLAND REGISTRATIONS The following private companies have been registered in Auckland: — M. T. Macdonald, Limited, Te Akau, general storekeepers, etc. Capital, £SOOO, in £1 shares. Subscribers: M. T. Macdonald, 4500 shares; C. D. M. Macdonald, 500 shares. The M. K. Millinery Manufacturing Company, Limited, manufacturing milliners and hatters, etc. Capital, £2500, in £1 shares. Subscribers: Harry Koning and Elizabeth M. Koning, 1250 shares each. Charles W. Ravenhall, Limited, builders and contractors, etc. Capital, £I6OO, in £1 shares. Subscribers: C. W. Ravenhall, 1500 shares; E. W. Ravenhall, 100 shares. Mining Trust and Finance, Limited, to acquire lands, hereditaments and property believed to be auriferous or to contain minerals of any kind or description, etc. Capital, £IOOO, in £1 shares. Subscribers: Fercival Adams, 999 shares; P. D'E. Palmer, 1 share. The Robertson Reversible Sewing Machine Company, Limited, importers and distributors of sowing machines, etc. Capital, £6OO, in £1 shares. Subscribers: Alice 11. M. Robertson, 400 shares; J. R. Robertson, 200 shares. MANUFACTURE OF GLASSWARE A now glass manufacturing company has been formed in Dunedin. A small company, with a capital of £750, commenced operations Inst August, and the now concern will take over this company's interests. The plant will be capable of placing 15 tons of manufactured glassware 011 the market a week. Tho new company has a nominal capital of £15,000, £4250 of which has been dovoted to tho purchase of the undertaking of tho original Dunedin Glass Manufacturing Company, including plant, machinery "and stock-in trade. CUSTOMS EXCHANGE RATES Rates of exchange ruling at tho announced daie of departuro of the vessels named are shown in the following table. They are subject to confirmation by the Customs Department when tho exact time of departuro is learned 011 tho arrival of tho vessels in New Zealand, finally declared rates being marked* : Canadian Conqueror, Canada, dollars 4.14 Brisbane Maru, Japan, yen .. .. 18.5 Golden Coast, America, dollars ..*3.57 Golden Coaßt, Canada, dollaia . . . *4.20 Aorangi, Canada, dollars .. .. 4.105 Ardenvohr, Americi dollars .. . 3.542 I'ort Ilobnrt. America, dollars . . 8.54 Canadian Cruiser, Canada, dollars . . 4.05 CALL AND DIVIDEND LIST Dividends- Duo N.Z. Insurance—final, Is a slmre (making 2a a share for the year) .. ...... To-day Christchurch Gas—interim, 3 p.c. Aug. 4 Com. Bank Aus.—annual, pref., 4 p.c.: ord., 5 p.c Aug. 11 Trustee. Executors and Aeenry Co. (Melbourne)—finnl, 6 p.o. " p.». Aug. 11 N.Z. Farmers' Fert.—nnnual. 5 ' p.c, p.a Aug. 15 Dominion Investment annual, A, B and C shares, 5 p.c. .. Aug. 17 Wellington Woollen —final, 6 p.c. p.a. Aug. 17 Bank of N.S.W.—quarterly, 5s a ehara ~ >» * » »« Aug. 30