STOCK EXCHANGES

New Zealand Herald, Volume LXIX, Issue 21305, 5 October 1932, Page 7

STOCK EXCHANGES

YESTERDAY'S SALES RETURN ON INVESTMENTS Foliowing is a list of yesterday's transactions on New Zealand Stock Exchanges. In Hid second co'umn is given the return, based on tlio last annual dividend, from invosl igent at tile 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 monl.is in which interest is due are shown. In calculating tlio return on shares in companies which pay their dividends outside New Zealand exchange rates, being liable- to fluctuation, have not been taken into consideration. I.h-j first colu.mn gives the figures at which tlio sales were made: — AUCKLAND EXCHANGE Return on Sale Price Investment n £ad X s d Bones. 1039. 11 (AprilOc .) . . . . 95 5 0 Stout:. 1937, 51 (Fcb.Ai:;.) . . . . 99 5 0 Sloe!:, 1937, 5J (SeptMar.) .. . . 90 5 1) Him of N'.Z. . . 2 6 0 G i 7 Auckland G<i3 Tin • Colonial Sucar . . 47 17 G 5 4 5 Mon it Lyell . . ..113 t The following sales also took place:— Goklpn Dawn, lis; Kuala Kampar Tin, 63 9d; Golden Point, 7d, Bd. WELLINGTON EXCHANGE Bonds. 1937, 51 (Sept.Mar.) .... 99 5 0 Bank A'sia (ex div.) . 9 17 G * N.Z. Refrig. (fully I'aid) . . . . 0 110 9 110 "Wgt i. "Woollen (ord.) 5 6 0 513 2 Dilto . . . . 5 5 0 511 3 Electro. Zinc (pref.) 1 G 6 t CHRISTCHURCH EXCHANGE Stork, 1939, 4* (AprilO. t.) .. . . 95 5 0 Sto. k, 1938, 45 (MayNnv.) (2) . . . . 95 0 0 Com. Bank Aua, (2) 014 10 3 7 5 Bartv of N.Z. . 2,0 7 0 3 0 Ditto (D pref.) .. 110 0 " 5 0 0 Union Bank (2) . . 716 0 211 3 Nat. Insurance . . 0 119 5 18 N.Z Refrig. (ccn.) (3) 0 3 8 13 12 8 Bri'.ish Tobacco .. 111 0 317 5 Henry Jones .. . * 110 0 4 3 1 Mount Lyell (2) . . 1 1 6 + Ditto . . ..117 + Wonlworth (N.Z.) (pf.) 1 6 0 6 18 6 Elei tro. Zinc (pref.) 1 G 0 t Tlio following sales also took place:— Golden Point, 7d (2), Vicl; King Solomon, Is 10 Id. DUNEDIN EXCHANGE Stoi k, 1935, 41 (MayN iv.) . . . . 95 0 0 Bark of N.S.W. . . 27 15 0 * Nas, Bank of N.Z. . . 4 0 6 4 611 Tie following sales also took place:— Oknrito, 8s 6d; Gillespie's Beach, 2id premium. 'lnterim dividend reduced, iinterim dividend passed. IDividend 12 months in arrears.

AUSTRALIAN STOCK EXCHANGES YESTERDAY'S BUSINESS (Received October 4, 5.45 p.m.) SYDNEY, Oct. 4 The Sydney Stock Exchange to-day reflected the favourable terms of the coilversion loan and bonds were in keen dema id. Several of the four per cent issues sold in excess of par. This morning's sales were:—Commonwealth 4 per cent bonds: 1958, £lOl lis 9d 1941, £lOl 12s 6d; 1944, £102; 1955, £lOl 2s 6d; 1957, £lOl 7s 6d; 1961, £IOO 10:;. Bank of Australasia (ex div.), £ll 12 : 6d; Commercial Bank of Sydney, £l7; Br. Ik of New South Wales, £3l 6s; Dunloj -Perdriau, 16s 6d; Goldsbrough-Mort, 27s lOjd; Henry Jones, 34s 6d.

Hales this afternoon were:—Bank of N<: w South Wales, £3l 7s 6d; Commercial Bank of Sydney, £l7; Bank of Australasia (ex dividend), £ll 15s to £ll 12: i 6d; Queensland National Bank, £5 10 i; Colonial. Sugar, £54 15s; BurnsPi ilp, 49s 3d; Australian Gas, B shares, £6 17s; Millaquin Sugar, 27s 7jd; Tooth's Btewery, 355; Toohey's Brewery, 21s 6d; Diinlop-Perdr.au, 16s 6d; ditto, prefer eri;e, 31s; Electrolytic Zinc, 18s di .to, preference, 29s 6d; British Tobacco, 35:! 6d; Henry Jones, 34s 6d; Berlci, 25s 9d; Mount Lvell, 24s 3d; Broken Hill Pioprietary, 22s 6d; North Broken "Hill (ex dividend), 74s 6d to 755; Taranaki Oil, 3s lid. Commonwealth 4 per cent bends, 1938, £lOl 10s; 1941, £lOl lis 3(3; 1944, £102; 1950, £IOO 12s 6d; 1953, £:;C0 17s 6d; 1955. £lOl ss; 1957, £lOl 12s 6d; 1959, £lOl 18s 9d; 1961, £ICO 8;; 9d.

Melbourne sales were:—Union Bank, £11; Goldsbrough-Mort, ' 27s 9d; BnrnsPiiilp, 495; Electrolytic Zinc, 18s 9d; Mount Lyell, 24s 3d; South Broken Ilill, 51s. AUSTRALIAN SECURITIES GOOD RISES IN NEW YORK Sales of Australian Government bonds o i Wall Street .to-day compare with thoso vl September '/£> as follows:—Conwionwealth— Sept. 00 Oct. 3 5 p.c.. Jar .-July, 1955 .. B'2J Hi; 5 p.c., Miir.-Sept., 1057 .. 821 . 'BO 4}-p.c.. Mny-Nov.. 1950 ..* 75 704 Kcw .South "\Yuie.i—----5 p.c., I*'ch.-Aus., 1957 , . 79? SI 5 p.c.. Apl. Oct., 1958 . . 79i s:;2 C'liccnsland 7 p.c., Apl. Oct., 1912 .. 1001 G p.c.. I-'cli.-Auk.. J917 . . sc,i W) BRITISH STOCKS RECEDE SCATTER FD SELLING (Rerci\e(l October 1. 5.'45 p.m.) Uiitinh Wireless RU(iß\, Oil. 3 British stock markets to-day were rather irregular owing to scattered selling. Lril!sh Government stocks generally receded one-eighth 'to one-quarter, with War Loan at £IOO 17s 6d. BANK SHARE HOLDINGS SOME AUSTRALIAN AVERAGES Statements frequently arc made at poli;ical meetings calculated to create in the :>ublic mind, an impression that the company banks are owned by wealthy people, .stales the Melbourne Ago. Statistics havo seen prepared for the trading banks in Australia, now nir.o in number, which show that tho average number of shareholders per bank is 7900, and the averago .onid-up holding per shareholder £528. A Jividend of 5 per cent on the averago holding at paid-up value would be only L 26 8s per annum. Allowing for the premium at which bank shares are quoted in the market, the yield would be much smaller. MOTUROA OIL OUTPUT THIRD DERRICK COMPLETED N Reporting for the week ended October 1, Motnroa Oil Fields, Limited (New Plymouth), states that No. 2 well produced 120 barrels of oil (4100 gallons). Tho total production to date is 259,454 gallons. • The erection of the steel derrick at No. 3 well has been completed and tho installation of drilling machinery has been commenced.