STOCK EXCHANGES

New Zealand Herald, Volume LXIX, Issue 21252, 4 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 tho second column is given the return, based on the last annual dividend, from investment at the quoted price. In tho case of Government and other redeemable securities rio return is given, in view of the new method of quotation, but tho mouths 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. The first column given the figures at which the sales were made;— AUCKLAND EXCHANGE „ , Return on Sale Price Investment ~ X s d £ a <1 Stock. 1937, 5J (Feb.-Aug.) . . 93 10 0 Ellerslie Town Bd., '6O, 0 (March) . . 101 5 0 _ Com. Bank Aus. . . 014 0 311 5 Bank of N.Z. (2) . . 2 7 9 6 0 1 Ditto . . . . 2 8 0 519 5 Union Bank .. .. 7 0 0 217 1 N.Z. Insurance . . 119 9 5 0 8 Goldsbrough-Mort . . 12 0 2 5 5 Northern Steam .. 0 6 (1 11 3 1 Wailii (2) . . . . (1 1". 9 12 13 1 Mount Lye'll (2) . . 017 8 I Tho following sales also took place:— Golden .Dawn, 4s 9d (2). WELLINGTON EXCHANGE Bank N.Z. (D Pref.) 1 610 512 6 Bank of N.Z, (2) . . 2 7 9 6 0 1 Ditto . . . . 2 711 519 9 Union Bank . . . . 619 0 217 8 Goldsbrough-Mort 1 2 0 2 5 5 Tooth's Brewery .. 1 6 5 6 1 1 Ditto .. .. 166 608 Wilsons Cement .. 1 9 3 6 16 9 Mount Lyc'd .. 0 17 9 + The following sales also took place;— King Solomon, Is 7d; Okarito, 9s. CHRISTCHURCH EXCHANGE Stock, 1935, 4J (May-Nov.) . . 95 15 0 N.Z. Insurance (2) . 1 19 0 5 0 8 Goldsbrough-Mort (3) 1 2 0 2 5 5 Ditto (2) . . . . 1 110 2 5 9 N.Z. Refrig. (10s paid) (3) . • ..0 4 5 11 G 5 N.Z. Breweries .. 1 411 6 8 5 Ditto (3) . . .. 1 5 0 6 8 0 Tooth's Brewery . . 1 G 4 6 1 G F.lectro. Zinc (ord.) 012 1 Mount Lyell . . . . 017 S Beath and Co. . . 10 0 Ch'ch Gas (10s paid) . 012 0 613 4 The following sales also took place;— Golden Dawn. 4s 10d; Mahakipawa, RJd (5); j Mahakipawa (pref.), s;d. • DUNEDIN EXCHANGE Stock. 1937. 5i (Sept.-March) ~ 101 5 0 Stock, 1939, 4} (April-Oct.) .. 96 0 0 Bank Australasia .» 9 10 0 414 8 Bank* of N.Z. . . 2 8 0 519 5 D.I.C; (pre*.) (2) . . 019 G G 3 0 The following sales also took- placo:— Okarito, 9s; Golden Sands, Is BJd. ♦lnterim dividend passed. 'lnterim dividend reduced. AUSTRALIAN SILVER REGULATIONS IN FIJI EXCHANGE RATES CHARGED [from our own correspondent] SUVA, July 27 An announcement has been made by the two banks operating in Fiji, the Bank of New Zealand and the Bank of New South Wales, that on an after August 1 current rates of exchange will be charged upon all Australian silver coins in Fiji. For the past 12 months the banks in Fiji have been withdrawing all Australian silver from circulation, but they state that as it keeps on coming in in increasing quantities they have no option but to charge exchange on it.. Although the charging of exchange will cause considerable inconvenience and hardship to business people who, in rysh hours, will not be able to prevent this money from getting into their tills, it is generally realised that there is no other way of stopping the introduction of this money into the colony, which is done for the purpose of avoiding exchange. It is thought that a great deal of it is brought in by seamen wiio exchange it for Fiji notes, which they exchange at a profit on their return to Australian ports. At present rates of exchange the following are the values of Australian silver coins in Fiji currency: —Australian 2s, approximately Is 9£d; Australian Is, approximately 10£ d. LONDON STOCK EXCHANGE BANK SHAKES AND DEBENTURES LONDON, Aug. 2 On the London Stock Exchange quotations of hajik shares and other corporation debentures and slocks compare with previous quotations as follows: — .1 uly 19 Aug. 2 13. i tiks— £ s <). £ ' s <1 New South Wales . . 23 0 0 23 7 G Australa la . . . . 8 10 O 8 l:t (J Union of Australia . . 515 0 5 0 (I National of N.Z. .. 3 2 0 3 2 10 is'./.. 1 p.c. guaranteed stock OH 17 (i 98 10 0 N.Z. shares . . . . 2 10 0 2 10 0 Debentures, etc. — .N.Z. Jjir.in and Mercantile, -I p.c. . . 58 5 0 <">.*» 10 (I N.Z. Loan and Mercantile ordinary stock . 28 0 0 30 10 0 j -' I AUSTRALIAN STOCK EXCIIANGES j Y KNTKH DAY'S BUSINESS (li'eccivcd August 3, 9.a p.m.) SYDNEY, August 3 | There was increased activity on the Sydney Slock Exchange to-day. 1 Vices were : linn throughout. All 4 per cent bonds had inquiry and banks were well supported. I bis motning's sales were (omnumwealth Bonds, 1941. 4 per cent, £9B 7s 6d ; 1944. 198 8s 9.1; 1953, £97; 1955, £97 2s 6d. ('oniinerc.ial Hank of Sydney, £ls 7s 6d ; Colonial, Sugar, £46 15s. Snles this afternoon were:—Bank of New South Wales, £29 ss; Bank of Austriilnsia, £ll 7s 6d ; ("ommorcial Bank of Sydney, £ls 10s; Adelaide SI earn. I9s 4J,d ; iluddart-Parker, 27s bd ; Australian Gas, A shares, £6 8s 6d; Tooth's Brewery, 30s; Goldsbrough Mori. 255; Dun lop I'erdriau, 13s 2d; British Tobacco, .325; ; Winchcomlie. 21s 3d; Mount Lvell, 20s; Broken Hill Proprietary, 17s lOd. Commonwealth 4 per cent bonds, 1938 £93 lis 3d; 1941. £9B 6s 3d; 1944, £9B 7s 6d; 1947. £9B 3s 9d; 1950, £9B 17s 6d; 1953, £97 12s 6d ; 1955, £97 12s 6d; .1959, £97 13s 9d: 1961, £9B 2s 6d. Melbourne sales were:—GoldsbroughMort, 24s 9d ; Herald and Weekly Times, 50s 9d; North Broken Hill, 62s 3d. CUSTOMS EXCHANGE RATES Rates of exchange ruling at the announced date of departure of tho vessels i named arc shown in the following table. They are subject to confirmation by the Customs Department when the exact time of departure is learned on tho arrival of the vessels in New Zealand, finally declared rates being marked*: — Canadian Conqueror, Canada, dollars 4.14 Briebar.o M.iru. Japan, yen . . . . 18.5 Aorantri. Canada, dollars . . . . 4.105 Ardenvohr, America, dollars . . ~ 5.54J Port Hobart, America, dollars .. 3.64 Canadian Cruiser, Canada, dollar* k . 4.05