STOCK EXCHANGES

New Zealand Herald, Volume LXIX, Issue 21263, 17 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 tho quoted price. In tlje case of Government and other redeemable securities no return is given, in view of tho new method of quotation, but tho months in which interest is due aro shown. In calculating the return on shares in companies which pay their dividends outside Now Zealand exchange rates, being liable to fluctuation, have not been taken into consideration.

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

AUSTRALIAN STOCK EXCHANGES

YESTERDA Y' S BUSINESS

(Received August 10, 8.15 p.m.) SYDNEY. Auk. 16

On tho Sydney Stock Exchange to-day (he investment market again presented a steady basis with a minimum of profits taking. Sales this morning were:—Commonwealth 4 per cent bonds, 1938, £99 7s 6d ; 1941, £99 10s ; 1959, £96 6s 3d. Bank of New South Wales, £29 17s 6d; Australian Gas A shares, £6 13s 6d; Tooth's Brewery, £1 10s 6d; Broken Hill Proprietary, 18s 7id. This afternoon's sales wetc: —Bank of New South Wales, £29 17s 6d; Commercial Bank of Sydney, £l6 7s 6d; Colonial Sugar, £49 ss: Huddart-Parkcr, 30s; Howard Smith, 10s; Adelaide Steam, 20s 4^d; Burns-Pimp, 44s 6d; Australian Gas, A shares, £6 14s; Tooth's Brewery, 30s 9d; Toohev's Brewery, 19s 6d; Australian Glass, 41s 6d; Goldsbrough-Mort, 26s 6d; Winchcoinbe Carson, 23sj Henry Jones, 33s 6d; British Tobacco, preference, 25s 3d; Gordon and Gotcli, 295; Dunlop-Pordriau, 13s 8d; Sulphide Corporation, 10s sd; South Broken Hill, 47s 6d; Norths, 67s 6d; Taranaki Oil, Is 9dj New Zealand Debentures, per cent, 1937, £ll2. Commonwealth 4 per cent bonds, 1938. £99 7s 6d • 1941, £99 10s; 1 1944, £99 10s; 1947, £99 12s 6d : 1953, £9B 6s 3d; 1955, £97 17s 6d; 1957, £93 ss; 1959, £9B 12s 6d; 1961, £99. Melbourne sales were:—Commercial Bank of Australia, 15s sd; GoldsbroughMort, 26s 9d; Metropolitan Gas, £lO 17s; Dunlop Pcrdriau, 13s 7d; Electrolytic Zinc, 16s sd: North Broken IHll, 675; Mount Lyell, 22s lid; Taranaki Oil, Is Bd. REDUCTION OF CAPITAL PALMERSTON NORTH COMPANY Barraud and Abraham, Limited, merchants, Palmerston North, have reduced their capital from £160.000 in 20,000 shares of £8 each to £80,009 in 20,000 shares of £4 each. * ADELAIDE STEAMSHIPS INCREASE IN DIVIDEND A dividend of 2j per cent has been declared by the directors of the Adelaide Steamship Company, Limited, for the half-year ended June 30. It is payable oil September 13. With tho interim dividend paid in February last the distribution is 4£ per cent for the year, as against 4 per cent, in the previous year. ELECTRIC INDUSTRY HUGE CANADIAN CAPITAL Capital invested in tho electric industry in Canada stands at about £250,000,000. It has more than doubled in 10 years.

CARLTON BREWERY, LTD. , UNCHANGED DIVIDEND An interim dividend at the rato of 8 per cent per annum has been declared by tlio directors of Carlton Brewery, Limited, Melbourne, for tlio half-year ended Juno 30. Payment will bo made on September 3. Tlio ralo is unchanged. TRADE WITH GERMANY CONCESSION" TO AUSTRALIA LONDON", Ausr. 15 It is learned that Germany has granted Australia favoured nation treatment as from August 12; thus fruit and dairy produce ■will benefit by reduced duties.

AUCKLAND EXCHANGE Return on Sale Prico Investment Com. Bank Aus, (2) £ s d £ s d 0 13 8 3 13 2 Ditto (prof.) 6 IB 0 5 17 8 Bank of N.Z. 2 C 4} G 3 G Goldsbrough-Mort 13 8 2 2 3 Mount Lyell (2) 0 19 7 + The following salos also look place . Blackwater, 12s Gd: Kin;; Solomon. Is 7d: Goldon Point, "id. WELLINGTON EXCHANGE Bank of N.Z. 2 r> a 6 3 11 Ditto 2 6 r> G :i 3 Com. Bank Aus. . . 0 13 0 3 12 0 N.Z. Breweries 1 5 G G 5 G CHRISTCHURCH EXCHANGE Bank of N.Z. 2 6 G G 3 3 Com. Bank Ana. . . 0 13 fi :i .13 •j JDitto 0 13 0 3 12 0 Nat. A'nsia (£5 pd.) 5 4 0 5 15 4 Union Bank . . 7 2 G 2 16 1 Huddart-Parkcr 1 7 G 3 12 8 N.Z. Breweries 1 5 10 fi 3 10 Ditto 1 5 11 6 3 S Tooth's Brewery 1 7 6 5 16 4 Colonial Sugar 44 5 0 5 13 0 N.Z. Paper Mills . . 1 1 ' 0 6 13 4 N.Z. Retri;?. (10s pd.) 0 4 5 11 G "■5 Dalgety 7 7 0 4 15 3 Ditto 7 10 0 4 13 '4 Goldsbrouch-Mort 1 3 5 2 2 8 Motint Lyell 0 10 G t The following sales also took place :— Okarito, Bs O'l; Mahakipawa. 3!d. DUNEDIN EXCHANGE Bank of N.Z. . . . 2 G G G 3 3 N.Z. Refrigerating . 0 11 10 8 0 0 t Interim dividend passed.

FOREIGN EXCHANGES STERLING APPRECIATES SLIGHTLY British Wireless HUG BY, Aug. 15 Tlio following rates on foreign exchanges aro current, compared with the cabled quotations on An g. 13 and par:— Aur.IIS Aug. 13 Par Montreal, dol. .. ■! .00 3,00 4.800 New York, dol. . 3.485 3.471 4.81)0 Paris, fr. s r .n 88.75 124.21 Brussels, bclga .. 25 3-32 25.051 35.00 Geneva, fr. 17.835 17.S5i 25.22 Amsterdam, fl. .. 8.645 8. (VI 12.10 Milan, lire C>8 G7 15-1C 02.40 Berlin, r.m. 14. (>25 14.(',0 20.43 Stockholm, kr. .. 10.475 10.47'j 18.150 Copenhagen, kr. . 18.70 IS 23-32 18.150 Oslo, kr. 10.07,". 10.05 18.150 "Vienna, sch. 20.501 20.50t 31.585 Prague, kr. 117.50 117.50 104.25 TTelsincrfors, mark 232.50 232.50 120.23 "Madrid, pes. 433 43 J 25.221 "Lisbon, escii. 110 110 110 Athena, dr. _ .. 510 5 to 375.00 Bucharest, lei. .. 585 587.50 813.0 Rio de Janeiro, mil. 51 5.800d Buenos Aires, dol. + t 47.01 !)d Montevideo, dol. 30+ 30 i 51 d Bombay, ritpoo . 18 7-04 i!) not 18(1 Shanghai, tael .. 21 7-32 21 11-32 — HonKkonff, dol. . ir. 15 20-32 — Yokohama, yen . icr 37£ 2l.58d Bntavia, tl. 8.68 — 12.10 Belgrade, din 215 — 276.31 tNominal. ' Sellers.