STOCK EXCHANGES

New Zealand Herald, Volume LXIX, Issue 21328, 1 November 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 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 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 tho figures at which the sales were made:— AUCKLAND EXCHANGE

DUNEDIN EXCHANGE The following sales took place:—Okarito. 8s 3d (2); Big River, Is 2WI. I interim dividend passed. SYDNEY STOCK EXCHANGE TESTER DA Y'S BUSINESS (Received October 31. 8.35 p.m.) SYDNEY, Oct. 31 With agreement reached on the terms of the, new internal loan tho Sydney Stock Exchange to day settled down to business on a steadier basis. Bonds recovered from the recent falls. This morning's sales were Commonwealth 4 per cent bonds, 1938, £lOl 17s 6d ; 1941, £lO2 2s 6d; 1944, £lOl 2s 6d; 1955, £102; 1957, £lO2 ss; 1959, £lOl 12s 6d ; J969, £lOl ss; Toohey's Brewery, 22s 4Jid; Tooth's Brewery, 36s 6d ; Broken Hill Proprietary, 275; British Tobacco, 35s 6d. Closing sales were:—Commonwealth 4 per cent bonds, 1938, £lO2 6s 3d; 1941. £lO2 Us 3d; 1944. £lOl 3s 9d; 1953, £lOl 15s; 1953. £lO2 7s 6.1; 1957, £lOl 2s 6d; 1959, £IOO 17s 6d; 1961, £lOl 7s 6d. Commercial Bank of Australasia, 16s 6d ; Australian Gas, A shares, £6 18s 6(1; Toohey's Brewery, 22s 3d ; Tooth's Brewery, 36s 3d; Broken Mill Proprietary, 275; Goldsbrongh Mort, 27s 7jd; Winchcombe-Carson, 24s 6d; Australian Glass, 46s 6d; Henry Jones, New Zealand delivery, 37s 9d; Colonial Sugar, £56 ss; British Tobacco, 35s 6d; DunlopPerdriau, 17s 7|d. FOREIGN EXCHANGES

STERLING SLIGHTLY FIRMER British Wireless RUGBY, Oct. Q9 The following rates on foreign exchanges are current, compared with the cabled quotations on October 28 and par:—

CUSTOMS EXCHANGE RATES Rates of exchange ruling at the announced date of departure of tho vessels named are shown in the following table. They arc subject to confirmation by the Customs Department when the exact time of departure is learned on arrival of the vessels in New Zealand, finally declared rates being marked* : Australind, America, dollars . . . . 3.-15J Canadian Constructor, Canada, dollars 3.84 Brisbane Main, Japan, yen . . . . IGJd Golden Cloud. America, dollars . . *3,46 Golden Cloud, Canada, dollars . . *3.84 Niagara, Canada, dollars . , . . 3.7S Ilauraki, America, dollars .. .. *3.4(5 Hauraki, Canada, dollars . . . . *3.81 Mariposa, America, dollars . . . . 3.39J Canadian Leader, Canada, dollars . . 3.(18} City of Adelaide, America, dollars . . 3.29 i VALUE OF THE POUND On (he latest quotations £1 in Auckland is worth approximately : s d 18 0 in London. 22 9 in Sydney. J2 2 in New York. .13 6 J in Montreal. 12 li in Paris. 12 2} in Berlin. 12 21 in Batavia. 27 Gi ill Yokohama. QUOTATIONS FOR SILVER British Wireless RUGBY, Oct. 29 Silver is quoted to-day at 18 l-8d an oz. spot and 18jd forward, compared with 17 15-16 d and 18 l-16d yesterday. DECLINE IN STERLING Seeking tho reason for the decline in sterling, the Wellington representative of a largo British mercantile house cabled to his principals in London last week. The reply came on the following day:— " Speculation." CALL AND DIVIDEND LIST Dividends— Due Waihi t • Gold Mining Co.—interim, Is a share . . . , To-day D.1.C., Dunedin, pref., 6 p.c. Pi- To-morrow Sharland and Co.—6 p.c. for year, ord and pref Nov. 4 Bank of Adelaide—interim, 4 p.c. P' a • • . . . . Nov. 9 N.Z. Paper Mills—interim, halfyearly. 3 pc Nov. 10 Dominion Pictures—final, pref., 7J p.c. p.a.; ord., 2) p.c. p.a. Nov. 10 Burns Philp—interim, half-year, 10 P.c. p.a. , . . . . Nov. 15 Australian Glass—interim, pref., 41 p.c.; ord., 3 p.c Nov. 15 Broken 11 ill Proprietary—halfyear, la a share . . . . Nov. 10 .Wilsons Cement—interim, 3a a share Nov. 28 Nat. Bank Australasia—£lo paid and A's paid, interim. 21 p.c. Nov. 30 Bruce Woollen Manufacturing Co.—pref , 7 p.c. , . . . Nov. National Ins.—final. 5d a share Nov. Imperial Chemicals interim, ord., 2J p.c. . . . . . . Dec. 1 ■ Henry Jones Co.-op.—final, Is 3d a share . .. .. ~ Dec. 1

Return on Sale price Investment i' B <1 £. 6 d Slock, 19.36 51 (Feb.Aug.) .. . . 100 0 0 — Corn. Bank A us. . . 0 117 3 8 7 N.Z. Insurance .. 2 3 fi 4 11 11 Soutli British Insur. . 2 17 0 4 13 7 Kauri Timber . ..0119 — Wuihi (2) . ..0184 10 IS 2 Ditto . . . . 0 13 fi 10 16 3 Waihi Grand June. 0 3 3 10 5 2 Mount Lyell . . 1 0 6 + The following sales also took place:— New Zealand Refrigerating (10s paid). 2s 7d; Waihi, 18s 5d (2); Blackwater, 19s. WELLINGTON EXCHANGE Bank N.Z. . . . 2 5 3 Ditto . . . . 2 4 9 fi fi 8 fi 8 I The following sales also took place:— Bank of New Zealand. 45s; Consolidated Goldfields, 8s 9d; Big River Mines, Is 2d. CHR1STCHURCH EXCHANGE Stock, 19l}7, 5i (Scp.Mar.) . . . . 100 5 0 Bank N.Z. (5) . . 2 5 0 Goldshrough-Mort (2) 13 9 N.Z. Breweries , . 1 ('> 7 Tooth's Brewery .. 1*11 4 Mount Lyell . . . . 10 3 Ditto . . . . 10 0 fi 7 4 2 2 1 fi 0 4 5 2 2 + + Tlio following sales also took place: — Mount Lyell, 20s 2d; Cornish Point. 4d (2); Okarito, 8s 3d (3); Waitahn (3s paid). .1J d prom.

Oct. 2a Oct. 28 Par. Montreal, dol. , s.fini 3.64 J 4.866 New York, dol. 3.285 3.28} 4.866 B,aris, fr. 83 11-16 83 9-16 124.21 Brussels, belga 23.625 " 23.605 35.00 Geneva, fr. 17.045 17.025 25.22 Amsterdam, fl. . 8.17 8.16 12.10 Milan, lire 64 1-16 64 1-16 92.46 Tierlin, r.m. 13.825 13.90 20.43 Stockholm, kr. . 39.125 19.125 18.159 Copenhagen, kr. 19 7-32 19 7-32 18.159 Oslo, kr. 19 9-16 19 9-16 18.159 Vienna, sell. 281 28+ 34.535 Prague, kr. Helsingfors, mar' 111 111 164.25 230 230 129.23 Madrid, pes. 40 1-16 40 1-16 25.221 Lisbon, escu. 108.50 108.50 110 Athens, dr. _ . 572.50 572.50 375.00 Bucharest, lei. . 555 547.50 813.6 Rio de Janeiro, mi . 5.50+ 5.25t 5,899d Buenos Aires, dol + 1 47.613J Montevideo, dol soi30+ 51 d Bombay, rupee . ls 11-64 18 11-64 ISd Shanghai, tael . 21 i 21 13-16 Hongkong, dol. 16.50 16.50 — Yokohama, yen 16 1-16 161 24.58d Batavia, il. 8.20 12.10 Belgrade, din +Nominal. 245 276.31