STOCK EXCHANGES

New Zealand Herald, Volume LXIX, Issue 21254, 6 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 tlie 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 tho months! in which interest is duo are shown. In calculating tho return on shares in companies which pay their dividends outside New Zealand, exchange aates, being liable to fluctuation, have not been taken into consideration. The first column gives the figures at which the sales were made:— AUCKLAND EXCHANGE Return on Hale l'rico Investment £sd X a d Bonds, 1037, tij (Feb.Aug.) . . . . 101 5 0 Ale. liar. Bd., 1910, 51 ' (Jan.) . . . . 98 10 0 Com. Bank Aus. .. 014 0 3lt 5 Ditto (2) . . . . 014 I 310 11 Bank of N.Z. (2) . . 2 8 3 518 10 Is'./',. Insurance (3) . . 2 0 3 <1 19 C Auckland' Gas ..100 * N.Z. Breweries . . 1 5 J. 0 7 9 Keinpthornc-Prosser 2 14 6 5 10 1 Colonial Sugar . . 42 5 0 5 18 3 Union Soap . . . . 12 0 715 7 Wilsons Cement . . 19 0 6 17 11 Mount Lyell . . . . 017 8 t WELLINGTON EXCHANGE Bonds. 1937. SJ. (Sept.Mar.) .. . . 101 a 0 Bank of N.Z. . . 2 8 3 518 10 Com. Bank Aus. . . 014 1 310 11 Loan und Mercantilo 40 0 0 N.Z. Breweries . . 1 5 0 6 8 0 Ditto . . . . 1 5 3 0 G 9 Electro-Zinc (pref.) . 1 1 71 + Ditio . . ..119 t The following snles also took place:— New Zealand Breweries, 25s 2d; Okarito, 'Js. CHRISTCHURCH EXCHANGE Bonds, 1937, 51 (Feb.A uk.) . . . . 101 10 l> Bank of N.Z. . . 2 8 4 518 8 Coin. Bank Aus. (2) 014 0 311 5 N.Z. Breweries (4) . . 15 3 G 6 9 N.Z. Refrig. (con.) (2) 0 4 3 11 15 3 Ditto . . . . 0 4 5 11 G 5 The following sales also took place:— J Golden Dawn, 4s 9d (3) ; Blackwater, 12s 9d. J DUNEDIN EXCHANGE Bonds. 1937, 51 (SeptMar.) . . . . 101 10 0 - Stock. 19ii7. 55 (Fob.Aug.) . . . . 101 5 I) N.Z. liefrig. (con.) 0 4 4 11 8 9 Kempthornc-Prosser 2 14 U o 10 1 The following sale also took place:— Okarito, 9s. •Interim dividend reduced. Itnteriui dividend passed. KEVIEW OF THE WEEK MORE ACTIVITY DEVELOPS FIRMER TREND IN MARKET Investment business gained considerable impetus on the Auckland Stock Exchange during the past week, particularly toward the end of the period. Government loans and banks and insurance continued in widespread demand, but more active trading in the miscellaneous section was an encouraging feature of the week's turnover. Levels in most sections closed with a firm tendency. The 1937 5£ per cent Government loans again provided the bulk of the trading in gilt-edge and rates moved up to £lOl 5s for September bonds and February stoc*t, with a slight recession in September stock to £lOl. Heavy trading in Commercials of Australia and New Zealands was the feature of the bank division. Both issues gathered strength throughout the week Commercials closed on sale 3d higher at 14s Id, and New Zealands gained Is 3d, changing hands finally at 48s 3d. Unions were dealt in at £6 17s 9d and £7, and Australasias at £9 10s. In insuranco New Zealands were prominent, with daily business at advancing rates. Following payment of the Is dividend on Tuesday the market price declined 9d to 39s 9d, but steady appreciation followed and tho price at the close 40s 3d, was only 3d lower than the cum div price last Monday. Nationals were steady at 12s 7d, and South British were vainly sought at 555. Better inquiry existed for loan and agency and coals, but apart from somo activity in breweries much tho greater portion of remaining dealing look place, in general investments with a firmer tendency prevailing. The chief gain was re gistered by Colonial Sugars, which moved up from £4l 17s 6d to £42 ss. A wide range of mining shares continued to find favour with buyers with little movement in levels. Waihis steadied at 15s 9d, and Mount Lyells and Golden Dawns firmed slightly to 17s 8d and 4s 10d respectively. GOLD AND SILVER QUOTATIONS IN LONDON (Received August 6, 5.5 p.m.) LONDON, Aug. 4 Gold is quoted to-day at £5 17s 5d an ounce, compared with £5 17s 2d yesterday. The quotation for silver at per standard ounce is 17 3-16 d and at per fine ounce 18 9-16 d, same as yesterday.. AUSTRALIAN STOCK EXCHANGES • YESTERDAY'S BUSINESS (Received August 5. 8.35 p.m.) SYDNEY, Aug. 5 On i lie Sydney Stock Excliango to-day there was a brisk turnover, with price movements favouring holders. Practically all industrial and pastoral shares had an upward trend. Banks were in good inquiry and bonds generally were firmer. Sales this morning were:—Commercial 4 per cent bonds: 1938. £9B 13s 0d; 1941, C9B 7s bd; 1947, £9B 15s; 1950, £99 ss: 1959, £9B ss; 1961, £9B 10s. Bank of Australasia, £ll 10s; Bank of New South Wales, C 29 ss; Tooth's Brewery, 30s; Broken Hill Proprietary, 18s Winchcombp. Carson, 2ls 3d. This afternoon's sales wore:—Bank of New South Wales, £29 ss; National Bank (£5 paid), £5 15s: Huddart-Parker, 27s 6d; Howard Smith, 9s 6d; Australian Gas, A and B shares, £6 10s; Australian Glass, 41s; Now Zealand Insurance, 43s 9d; Nestle's, pref., 30s ljd ; Tooth's Brewery, 30s; Goldsbrough-Mort, 25s 3d; Dunlop Perdriau, 13s 2d: Berlei, 22s 9d; Winchcomhe Carson, 21s 6d; Henry Jones, 32s 9d; Electrolytic Zinc, 14s sd; Broken Hill Proprietary, 18s 9d; North Broken Hill, 64s 6d ; Taranaki Oil, Is 2d. Commonwealth 4 per cent bonds: 1938. £9B 17s 6d: 1941, £9B lis 3d; 1944, £9B 12s 6d ; 1947, £9B 17s 6d : 1953, £97 15s; 1955, £97 15s ; 1957. £97 17s 6d; 1959, £9B ss; 1961, £9B 12s 6d. Melbourne sales were:—GoldsbroughMorl, 25s 7jd; Carlton Brewery, 345; South Broken Hill, 46s 9d; Norths, 645; Dunlop Pcrdriau, 13s 4d; Mount Lyell, 20s ljd. MELBOURNE PRODUCE MELBOURNE, Aug. 5 Following are to-day's quotations on the Melbourne produce market: —Wheat, 3s 3d to 3s 4d. Flour, £8 10s. Bran, £5 10s. Pollard, £5 10s. Oats, 1s lOd to Is lid. Barley, unchanged. Maize. 4s 10d to 4vs lid. Onions: Scarce and firmer, £23 to £23 10s.