STOCK EXCHANGES

New Zealand Herald, Volume LXIX, Issue 21295, 23 September 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 are shown. In calculating the 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 the sales were made:— AUCKLAND EXCHANGE Return oil Sale Price Investment

DUNEDIN EXCHANGE Stock, 1937, 5* (Sept.-March) .. 99 5 0 Bank N.Z. .. ~273 614 Kempthorne-Prosser , 3 0 0 5 0 0 Waihi .. .. 016 10 11 17 7 The following sale also took place:— Gillespie's Beach, 2d prem. * Interim dividend reduced, tlnterim dividend passed. tDividend 12 months in arrears. SYDNEY STOCK EXCHANGE YESTERDAY'S BUSINESS (Received September 22, 8.35 p.m.) SYDNEY. Sept. 22 On the Sydney Stock Exchange to-day business showed a distinct improvement, owing to the favourable Budget, the recovery in metal prices, the strong demand for wool overseas, and the rise in wheat and cotton values. Commonwealth bonds moved still closer to par. This morning's sales were:—Commonwealth 4 per cent bonds, 1938, £IOO 15s; 1941, £IOO 17s 6d; 1947, £100; 1953, £99 17s 6d; 1961, £99 lis 9d; Bank of New South Wales, £3l 2s 6d; Australian Glass, 44s 3d; Colonial Sugar, £54 12s 6d; Goldsbrough-Mort, 28g ljd; Wilcox and Mofflin, 6s sd, Sales this ' afternoon were:—Bank of New South Wales, £3l ss; prompt delivery, £3l 7s 6d; Commercial Bank of Sydney, £l7; Commercial Bank of Australia, 17s; Bank of Australasia, £ll 2s 6d; Colonial Sugar, £54 12s 6d; Mercantile Mutual Insurance, 19s 3d; BurnsPhilp, 495; Howard Smith, lis; Electrolytic Zinc, 18s 6d; Australian Glass, 44s 3d; British Tobacco, 345; Morris-Hed-strom (New Zealand delivery), 18s 3d; Dunlop-Perdriau, 16s 9d; GoldsbroughMort, 28s Berlei, 25s 9d; Tooth's Brewery, 345; Toohey's Brewery, 21s 3d; Broken Hill Proprietary, 22s North Broken Hill, 74s 9d; Souths, 51s; Zinc Corporation, 31s; Commonwealth 4 per cent bonds 1938, £IOO 18s 9d; 1941, £lOl Is 3d; 1944, £lOl 6s 3d; 1947, £100; 1953, £99 17s 6d; 1957, £IOO 7s 6d; 1959, £IOO 17s 6d; 1961, £99 13s 9d. AUSTRALIAN PRODUCE FIRMER WHEAT MARKET (Received September 22, 7.5 p.m.) SYDNEY, Sept, 22 Following arc to-day's quotations on the Sydney produce market:—Wheat: Firm in sympathy with improved tone overseas. Silo lots, 3s s£d to 3s 6d; limit, 3s s£d j bagged lots, 3s Bd. Prices in the country remained steady. Bagged lots were valued, at 2s and bulked at 2s 7£d on sidings. Flour, £lO 10s; bran and pollard, £5 10s. Potatoes, Tasmanian, £6; Norfolk Island, new, £ls; Victorian, £4 ss; American onions, £33; oaten hay, £7 10s; maize, yellow, 5s 4d. The steamer Tanda brought a consignment of Japanese onions, but all w'ere transhipped to New Zealand. Adelaide prices are:—Wheat, growers' lots, 2s 2^d; flour, bakers' lots, £8 ss; bran, £5 ss; pollard, £5 15s; oats, to Is 9d; onions, £3B. TAURANGA MAIZE CROPS MOTITI ISLAND YIELD [from our own correspondent] TAURANGA, Thursday The maize crop at Motiti Island has been a good one. A quantity has been shelled and conveyed to Tauranga for railing to other districts. Tho total yield is estimated at about 3000 sacks. The natives of Motiti and Matakana Islands are now busy ploughing and proparing the land in readiness for planting maize ndxt month.

CALL AND DIVIDEND LIST Dividends— ® uo Kempthome-Prosser s N.Z. Drug —interim, 3i p.c io-da Milno and Choyce. Ltd.—annual, pref., 6 p.c.; B pref.. 7 p.c.; ord. and deb., 3 p.c. .. .. —* Beatb and Co.—final, pref.. 2i p.c., ord., 4 p.c. . . . . Sept. Bank of A'sia—interim, 3 p.c. (English currency), less tax Sept. North Broken Hill—quarterly, Is a share SeptBritish Tobacco— quarterly, 1J p.c. . . Sept. Dunlop, Perdriau Rubber—final, pref., 5 p.c:.: ord., 3 p.c. . . Sept. Pukpmiro Collieries, Limited—final, 5 p.c. . . . . • • Oct. Amalgamated Zinc—half-yearly, 1\ p.c • • Oct. Elec. Zinc (pref.)—half year to June 30, 1931. 8 p.c. p.a. ~ . Oct. "\Vaihi Gold Mining Co.—interim, Is a eharo .. .. .• • Not, Imperial Chemicals interim, ord., 2} p.c. »< . • »• Dso.

Stock. 1937, 51 £ s d £ s d (Feb.-Aug.) (2) 9r. 5 0 Com. Bank Aua. 0 15 0 3 6 S Bank N.Z. 2 7 ■i 6 1 1 Ditto 2 7 3 (1 1 4 N.Z. Insurance 2 3 0 4 13 0 N.Z. Breweries 1 9 6 5 8 f. Australian Glass (2*)' 1 18 0 3 19 0 Farmers' Fertiliser 0 16 6 6 1 2 1*1 .Z. Kefrig. (10a pd.) 0 3 8 13 12 8 Tnranaki Oil 0 2 8 _ Wilsons Cement 1 IS 0 6 1 3 Waihi 0 16 11 11 10 5 Mount Lyell 1 0 6 t Ditto . . 1 .1 0 + WELLINGTON EXCHANGE Stock, 1938, 4\ (May-No v.) 95 0 0 . Stock, 1937, 5} (Sept.-Marchj 3 • 99 5 0 Stock, 1937, 6i (Feb.-Aug.) B • 96 0 0 Com. Bank A us. 0 15 0 8 6 8 E.S. and A. Bank • » 4 16 0 • Bank N.Z. . . 2 7 3 6 1 4 Ditto * « 2 7 r. 6 0 8 Wellington Gas % H 1 10 9 5 4 1 British Tobacco 1 9 11 4 0 3 Ditto » « 1 10 0 4 0 0 Burne-Philp 2 3 0 4 13 0 Eleo. Zino (pref.) 1 9 1 fi 0 t Taranaki Oil • K 0 2 8 WaiHi ,, * • 0 17 6 11 8 r Mount Lyell 1 0 11 + Ditto .» 1 1 3 t CHRISTCHURCH EXCHANGE Stock. 1937, 5J (Feb.-Aug.) 99 2 6 Com. Bank Aus. (2) . 0 15 0 3 6 8 E.S and A. Bank (2) •t 15 0 * Nat Bank N.Z. 4 0 6 4 6 11. Ditto K • 4 0 0 4 7 6 Bank N.Z. (2) 2 7 0 6 2 0 Ditto . . 2 7 n 6 1 4 C oldsbrou gh-M.ort f • 1 5 2 1 19 8 British Tobacco 1 9 9 4 0 8 N.Z. Refrig. (10s pd.) (5) 0 3 8 13 12 8 United Building 0 15 0 6 13 6 Waihi (2) 0 17 0 11 15 3 Mount- Lyell • • 1 0 9 t Ditto 1 0 11 + The following sales also took place ; (Golden Point, 7d; Okarito, 8s 6d, , 8s Sid, 8a 5d.