STOCK EXCHANGES

New Zealand Herald, Volume LXIX, Issue 21297, 26 September 1932, Page 5

STOCK EXCHANGES

SATURDAY'S SALES RETURN ON INVESTMENTS Following is a list of Saturday's transactions on New Zealand Stock Exchanges. In the second column is given the return, based on tho 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 tho new method of quotation, but the months in which interest in duo 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. Tho first column gives tho figures at which tho sales were made:— AUCKLAND EXCHANGE Keturn on Sale Price Investment £Bd £ s d Stock, 1938. 4\ (MayNovemher) . . . 95 0 0 r Tainaki West, '59, 51 (March) . . . . 99 0 0 Westport Coal . .. 0 12 C 7 0 0 Colonial _ Sugar (2i . 4S 10 0 5 3 1 Taranaki Oil . . ..0 2 8 N.Z. Eefrig. (con.) . 0 3 9 13 6 3 The following sale also took place:—Golden Dawn, 5s 3d. _ WELLINGTON EXCHANGE

Stock, 1938. 4i (May- / November) . . 95 0 0 * Ditto. 1936, 5i (Feb.August) . . . . 93 17 C Ditto, 1937, 5i (Feb.August) . . . . 90 0 0 Colonial Sugar . . 48 3 9 5 6 4 00l ds bron gh-Mort . . 15 5 119 4 British Tobacco . . 110 3 319 4 Mount Lyell (3) ..110

CHRISTCHURCH EXCHANGE Stock, 1933, 51 (Jan.July) . . . . 99 5 0 Ditto, 1937, 51 (Feb.August) . . . . % 5 o Com. Bk. Ans. (pf.) 7 7 0 5 8 6 Union Bank . . . . 715 0 211 7 D;ilgoty (2) 8 JO 0 4 11 1 .Ditto 8 10 9 4 10 11 Mount Lyell . . ..110 t Electro. Zinc (pref.) .10 1 * The following fiales also took place:—Electro. Zinc. 16s sd; King Solomon, Is lid; Golden Point (-1) CI J. DUNEDIN EXCHANGE National Bank JNT.Z. . 4 0 0 4 G 11. N.Z. Breweries . . 1 9 9 5 7 7 N.Z. Paper Mills . . 10 3 618 3 Farmers' Fertiliser . . 010 i; 6 12 N.Z. Refrigerating . . O 3 9 13 0 3 (Ditto 0 :i 8 13 12 8 Westporfc Coal . . 012 G 710 0

The following sales also look place:—Electro. Zinc., 16s 7d; King Solomon, Is lOd. I Interim dividend passed. "Dividend 12 months arrears. FOREIGN EXCHANGES • STERLING RATHER FIRMER

British Wireless RUGBY, Sept. 23 The following rates orr foreign exchanges are current, compared with the cabled quotations on September 22 and par:—

Sept. 23 Sept. 22 Par Montreal, dol. .. 3.845 3.85 4.8C6 New York, dol. . 3.4R| 3.40} 4.8G6 Paris, fr. .. SS 13-32 SS 5-16 124.21 Brussels, helga .. 25 21.95 35.00 Geneva, fr. .. 17 31-32 17.955 25.22 Amsterdam, fl. .. 8.025 8.61 12.10 Milan, lire .. 67 9-10 67.50 92.46 Berlin, r.lll. .. 14 9-16 14.545 20.43 Stockholm,; kr. .. 19.475 19.50 18.159 Copenhagen, kr. . 19 9-32 19 9-32 18.159 Oslo, kr. .. 191 .191 18.159

Vienna, sch, .. 29 501' 29.501 34.585 Prague, kr. .. 117 1 110.75 304.25 Helsingfors, mark 232.50 232.50 129.23 Madrid, pes. .. 42 5-16 42.25 25.221 Lisbon, rscu. .. 110 110 110 Athens, dr. .. 572.50' 567.50 375.00 Bucharest, lei. .. SSO SSO 813.6 Rio dc Janeiro, mil. 5 3-16.1 5 3-161 5.899 d Buenos Aires, dol. 1 47.619 d Montevideo, dol. 301 301 51 d Bombay, rupee . 18 5-32 18 5-32 ISd Shanghai, tael .. 21.25 21.50 Hongkong, dol. . 16.25 16.25 , Yokohama, yen . 16.75 16.50 ,58d Batavia, fl. .. 8.68 8.68 Belgrade, din .. 227.50 227.50 276. .il Warsaw, zlotj'3 .. INominal. -

CUSTOMS EXCHANGE RATES

Rates of exchange ruling .it the announced date of departure of the vessels named are shown in the following table. They are subject to confirmation by the Customs Department when the exact time of departure is learned on the arrival of the vessels in New Zealand, finally declared rates being marked* :

Canadian Challenger, Canada, dollars 4.04 City of Delhi, America, dollars . . 3.471 Sydney Maru, Japan, yen 15.75 d Waikawa, America, dollars . . .. 3.48} Golden Harvest, America, dollars .. 3.461 Australind, America, dollars . . 3.47 Aorangi, Canada, dollars .. ~ 3.85 NEW PRIVATE COMPANIES

DOMINION REGISTRATIONS

The following private companies have been registered in Auckland and southern centres: — The New Remucra-Panmure Land Company, Limited, Auckland, real estate owners and dealers in lands, etc. Capital, £4150, in £1 shares. Subscribers: R. H. Whitley, A. L. Whitley, and E. G. Whitley, 800 shares held jointly; Maurice Harding and Alfred G. Lunn, 600 shares each; Frank M. Winstone (Merchants), Limited, 500 shares; G. Gower, 400 shares; G. C. Orrnond and J. D. Ormond, 300 shares eftch; Ada ~M. Wilson, 200 shares; P. Harrison, S. Barry and E. G. Whitley, 100 shares each; A. V. Hay and Florence M. Kirkwood, 50 shares each; T. B. Arthur and H. H. Dyer, 25 shares each. Walter Findlay, Limited, Gisborne, bakers, pastrycooks, etc. Capital, £4OOO, in £1 shares. Subscribers: B. L. Findlay, 2002 shares; D. M. Findlay and W. Findlay, 999 shares each. A. B. Aruiand and Company, Limited, Timaru, merchants, farmers, auctioneers and stock station agents. Capital, £2OOO. in £1 shares. Subscribers: T. Harrison and F. D. L. Young, 1000 shares each. Patterson Brothers, Limited, Dunedin, men's outfitters, general drapers, tailors, mercers, etc. Capital, £2OOO, in £1 shares. Subscribers: 11. M. Patterson and T. W. Patterson, 1000 shares each.

Foster's Pharmacy, Limited, Hamilton, wholesale and retail chemists and druggists, elc. Capital, £IOOO, in £1 shares. Subscribers: IT. G. Foster, 900 shares; Ellen A. L. Foster, 100 shares. G. F. Oates and Son, Limited, Morrins ville, estate agents, etc. Capital, £SOO, in £1 shares. Subscribers: G. F. Oates, 400 shares; T. E. Oates and H. G. Oates, 50 shares each. INCREASE OF CAPITAL Ronaki, Limited, Auckland, has increased its capital to £14,000 by the creation of 4000 new shares of £1 each.

REDUCTION OF CAPITAL Bond's Hosiery Mil], Limited, Wellington, has reduced its capital from £IOO,OOO in £1 shares to £50,000 in £1 shares. COMPANIES WINDING UP Dentists' Supplies (Australasia), Limited. F. T. Eyre, Auckland, public accountant,, liquidator. The Hub, Limited. A. F. Leader, Auckland, company secretary, liquidator. New Era Milking Machine Company, Limited. H. E. Goodwin, Auckland, accountant, liquidator. Premier Amusements, Limited. A. J. Hayden, Otahuliu, company manager, liquidator. Sanitas (Auckland), Limited. N. P. Carless, Auckland, public accountant, liquidator. *