STOCK EXCHANGES

New Zealand Herald, Volume LXX, Issue 21480, 2 May 1933, Page 5

STOCK EXCHANGES

YESTERDAY'S SALES RETURN ON INVESTMENTS Following is a list of yesterday's transactions on Now Zealand Stock Exchanges. In the second column is giventho return, based on tho last annual dividend, from investment at the quoted price. In calculating the return on shares in companies which pay their dividends outside New Zealand the exchange rates have not been taken into, consideration. Tho return on 4 per cent Government loan's includes redemption. In tho case of 3£ per cent loans, the return is for interest alone and covers only tho period for which the loans are tax-free. No return is given on local body securities in the meantime.

The following sale also took place:—Golconda (fid paid), BJd, 9d, 9JdIn unlisted shares the following saleß took place:—Auckland Farmers' Freezing (ill paid), lis (odd lot); Bell Hooper (Gd paid), lid. CHRISTCHURCH EXCHANGE Com. Bank Aus. . . 0 14 4 3 9 9 Nat. Bank of N.Z. . . S 16 0 • Ditto (2) .. .. 113 0 • N.Z. Breweries ..199 • Ditto . . L 9 11 * Dominion Fertiliser (2) 0 10 6 United Building . . 1) 17 0 517 8 Wilsons Cement . . I 12 4 6 3 10 Waihi Junction . . 0 - 3 10 813 11 The following sales also took place:— New Zealand Farmers' Co-op., 19-10, 4J stock, £4l 10s (2) : Big River, Is 3d (3); Blnckwater, 225; Lawson's Flat (Is paid). Is 2}d; Nokomai, 6s. In unlisted shares the following sales took place:—Ao-tea-roa Gold. Is lOd (3); Bell Hooper, IOJd (4); Central Shotover, BJd.

The following sales also took place:—Waitaliu, 5s Id; Freshford, Is 3d; Okarito, 9s Gd, 9s ssd. "Interim dividend recluced. tlnterim dividend passed. UNOFFICIAL LIST Quotations on tho Auckland Stock Exchange for shares and debentures not quoted on the official list are:—

AUSTRALIAN EXCHANGES YESTERDAY'S BUSINESS (Received May 1, 7.25 p.m.) SYDNEY, May 1 On the Sydney Stock Exchange today the investment market opened quietly and the turnover was below recent averages, apparently awaiting fresh overseas developments. The market for gilt-edged stocks as well as leading company shares retained a distinctly firm tone. To-day's sales included: —Bank of New South Wales, £29 12s 6d; Associated News, 8s; ditto (pref.), 17s lOJd; Howard Smith, 8s; Australian Gas, A shares, £7; Tooth's Brewery, 36s <Ud; Gordon and Gotch, 32s 3d; Dunlop-Perdriau, 16s lOjd; Golds-brough-Mort, 22s 9ci; Fairymead Sugar, 26s 4£d; Broken Hill Proprietary, 31s 10Ad; North Broken Hill, 725. Commonwealth 4 per cent bonds: 1938, £lO4 ss; 1941, £lO4 12s 6d; 1944, £lO3 lis 3d; 1947. £lO3 13s 9d; 1950, £lO3 ss; 1953, £lO4 ss; 1955, £lO4 18s 9d; 1957, £105; 1959 and 1961, £lO3 12s 6d. Melbourne sales included:—Metropolitan Gas, £l2 10s; North Broken Hill, 725. THE FLAX INDUSTRY LITTLE BUSINESS REPORTED Conditions are dull in the flax market, present offers c.i.f.e. London ranging from about £l3 5s for low fair to £l4 5s for high fair. Little business is offering, bub it is reported some sales have been made to Australia, which can now obtain supplies at a cheaper rate than prior to the rise in New ZealandLondon exchange. Flax fibre suffers severely from competition with sisal, but it is reported that sisal growers are not replanting extensively. MOTUROA OILFIELDS The report of Moturoa Oilfields, Limited, for the week ended April 29, is as follows: —"No 2 well: Production for week, 110 barrels. No.. 3 well: Cleaned out to 2160 feet. Now swabbing in 6-inch casing. Keeping water level down to bottom. Strong gas making from 2105 feet to 2160 feet. The well is making 50 barrels of wator a day, with showing of oil." PUKEKOHE POTATOES [from our own correspondent] PUKEKOHE, Monday Supplies of table potatoes at Pukckoho are woll reduced and crops now are mostly for seed. The price fluctuated during last week, consequent on an irregular demand, and prices range from 4s to 5s per cwt. f.o.r. Sales of onions are slow, the price being from 4s 6d to Gs per cwt. Cauliflowers are quoted at 10s 6d a sack and cabbages'at 7s a sack. QUOTATIONS FOR SILVER British Wirelesß RUGBY. April 29 Silver is quoted to-day at 19£ d spot and forward, compared with 20d, both positions, yesterday.

LONDON BUTTER MARKET The London market for butter is steady, values being unchanged. Joseph Nathan and Company, Limited, has-re-ceived the following cablegram from its London principals, Trengrouse and Nathan, Limited:—Butter: 70s to 71s, Cheese: White, 39s 6d; coloured, 445. Both markets are quiet but steady.

AUCKLAND EXCHANGE Return on Sale Price Investment £ s d £ a d Stock, 1916, 4 (Feb.Aug.) 100 0 0 4 0 7 Tamaki West, 1959, 5} 100 0 0 Tamaki West, 1949, 5 99 10 0 Bank of N.S/VV. .. 29 0 0 3 12 5 Bank of N.Z i! 5 0 5 0 0 National Insurance . -i) 16 6 4 10 10 South British Ins. . S 4 6 4 2 8 Pukemiro Collieries . 0 19 0 t Kauri Timber (i 10 6 N.Z. Breweries 1 9 6 * Colonial Sugar 6!» IS 0 4 9 8 Wilsons Cement (2) , :L 12 3 6 4 0 Waihi Junction 0 3 10 8 13 11

WELLINGTON EXCHANGE Bank of N.Z 2 5 6 4 18 10 Ditto .. .. 2 5 0 5 0 0 N.Z. Breweries . . 1 9 7j » Waihi 12 9 8 15 8 DUNEDIN EXCHANGE Bank of N.Z 2 5 0 5 0 0 N.Z. Eefrig. (£1 pd.) 0 10 7 WilsonB Cement (2) . 1 12 3 6 4 0

Buyers Sellers £ B d £ B d Auck. F. Freez. (20s paid) . . 0 11 1 0 12 3 Brunner Collieries, 30/3/38,8.., .. 80 0 0 Claude Necn Lights 1 1 6 — Glen Afton Collieries, 1/4/42. 7i . . . . 100 00 — John Fuller, 1919, 6j — 95 0 0 Loyal — 1 0 0 Ditto (pref.) .. — 0 19 0 Majestic (Auck.), • 16/12/43, 7} — . 85 0 0 Murray Deodoriser . . — 0 10 6 Napier Woollen Co. . — 0 18 0 National Tobacco Co. _ 3 0 0 N.Z. Perpetual ForesfH 2 0 0 — Oamaru Wool — C i 10 6 Roberts' Stabiliser . . 0 1 0 — Soul hern Cross Ass. 0 1 0 0 2 0 Waikato Carbonisation —, 87 0 0 Williams' Rotary Engine — 0 3 0 Weres (5s paid) 0 3 3 0 3 9 W. E. Woods — 1 0 6 Wilton Collieries . . 0 1 6 0 G 6 Ao-te-roa (Is paid) . . — 0 2 6 Bell Hooper (6d pd.) 0 0 101 0 0 11 Long Trail — 0 2 0 Mt. Tokatea — 1 0 0