STOCK EXCHANGES

New Zealand Herald, Volume LXX, Issue 21515, 12 June 1933, 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 the 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. The return on 4 per cent Government loans includes redemption. In the case of 3£ per cent loans the return is for interest alone, and covers only tho period for which tho loans arc tax-free. No return is given 011 local body securities and debentures in the meantime. AUCKLAND EXCHANGE

The following sales also took place:—Okarito, lis; Gillespie's Beach. Is 8d (2); Waitahu, 7s Sd; Nokomai. 4s 9d. -Is lid; Freshford. „ lOd. SYDNEY STOCK EXCHANGE SATURDAY'S* BUSINESS SYDNEY, June 10 To-day's sales on the Sydney Stock Exchange included: —Commonwealth 4 per cent bonds, 1938, £lO4 Is 3d; 1941, £lO2 15s; 1950, £lO3 15s; 1953, £lO3 ss; 1955, £lO3 12s 6d; 1957, £lO2 12s 6d; 1961, £lO3 10s. Australian Gas, A shares, £7 3s; Toohey's Brewery, 23s 6d; Associated News, preference, 19s 3d; Broken Hill Proprietary, 34s 6d; Burns-Philp, 53s 3d; Dunlop-Perdriau, ISs Howard-Smith, 10s 6d; Pitt, Son and Badgery, 37s 6d; Wilcox-Mof-flin, Ss. FOREIGN EXCHANGES STERLING AND THE DOLLAR British Wireless RUGBY, June 9 The following rates on foreign exchanges are current, compared with the cabled quotations on June 8 and par:

NEW ZEALAND MONEY ABROAD Current dollar exchanges, as quoted by the New Zealand banks, are as under, compared with previous quotations: — U.S. Dollars to £l. May 29 Juno 5 JuneS June 9 June 12 Buying 4.06 4.10 4.16 4.22 4.21 Selling • 3.86 3.90 3.% 4.02 4.01 Canadian Dollars to £1 Buying 4.61 4.(W 4.60 4.64 4.64 Selling 4.41 4.40 4.40 4.41 4.44 The cost in New Zealand currency of the pound sterling and of the principal foreign units, on the latest quotations, is as follows: — Present Price Par London, pound .. .. 24 11.58 20 0.00 Australip, pound . • * 20 0.00 20 0.00 New York, dollar . .. 6 2,.3_ 4 1.31 Montreal, dollar .. .. 5I f } J-J* Paris, franc .. .. 0 3.49 • Berlin mark .. .. 1 »..3 0 U.il Copenhagen, krone .. 1 1.30 lyYokohama, yen . . •. 1 0.08 2 O.dS These valuations represent the current rates at which banks sell diafts payable on demand. CUSTOMS EXCHANGE RATES Rates of exchange ruling at the announced dates of departure of the vessels named aro shown in the following table. They are subject to confirmation bv the Customs Department when the exact time of departure is learned on arrival of the vessels in New Zealand, finally declared rates being marked . Canadian Cruiser, Canada, dollars . . 4.14 Canadian Challenger Canada, dollar 4.41 . Niagara, Canada, dollars . . . * Mariposa. America, dollars . . •• Golden Cloud. Los Angeles, dollars . . 4.00 Canadian Constructor, Canada, dollars 4.0 l WHAKATANE MAIZE CROP [BY TELEGRAPH —OWN CORRESPONDENT] WHAKATANE, Saturday Although the quantity of maize grown in the district this season was equal to that of last year, it is anticipated that supplies will be loss, owing to a blight which has attacked some of the crops, causing a shrinkage of the maizei on the cobs. So far very little maize has been sold, buyers offering less than growers are prepared to accept. CALL AND DIVIDEND LIST D Roblj)son" Ice—6 p.c . . Golden Sands. Limited-5 p.c. June 1 Devonport Ferry—final, 2i P.c. Jun Okarito Mining—Gd a sh.are Juno 16 Gordon and G? le Jj~ h ° lf " J || arl f: June 20 Bro£c" f Hm South-1- V share June 23 B "s k il" pS.°lir p™; •; 23 Australian Glass-final pref., p.c.; orcl.. o p»v» • • • • T North Broken Hill-Is a share June 29 Morris Hedetiom— final, 2 p.c. . . June 3U British Tobacco—third Quarterly. 3q Goldßbrough-Mort—2} p.c. N.Z. and River Plate—interim, 3 p.c. (sterling) . . .• • ; • * July New Zealand Breweries—final, 31 P.c. • • •• : • dl y National Mortgage-interim. 25 ° Eatable Building (Wellington). £1 a share, making £6 paid, second payment of as . . June 30 Central Shotover, 3d a share . . July 1 i

Return on Sale Prico Investment Mt.. Albert Borough, £ B d £ s d 1959, 6 (July) 99 0 0 Ditto, 1960, 6 (Jan.) 99 0 0 Nat. Bank 'Asia . . 12 7 0 4 0 10 Bank N.Z. (13 prof.) 1 10 11 4 17 0 E., S. and A. Bank 5 0 0 3 0 0 Union S 5 0 •2 S 6 Ditto S 6 0 2 8 2 Standard Insurance . 2 12 3 4 15 9 A.P.A. 0 10 o Tuupiri Coal 0 15 6 6 9 0 Colonial Sugar 5S 5 0 4 5 10 N.Z. Paper Mills . . 1 7 0 3 3 8 "Waihi 1 2 3 S 19 8 The following sale also took place Kingf Solomon, Is 8d. WELLINGTON EXCHANGE Bank N.Z. (D pref.) 1 11 0 4 16 9 Queensland Insurance o jo 0 3 16 11 Electro. Zinc (pref.) 1 12 0 : "Waihi 1 2 2 9 0 5 Ditto 1 2 3 8 19 8 N.Z. Kefrig. (con.) (2) 0 5 6 — The following sale also took place:—Okarito, lis 2d. DUNEDIN EXCHANGE Stock, 1940, 4 (Jan.July) 100 10 0 4 0 10 Electro. Zinc (pref.) 1 11 6 : Dominion Fertiliser . 0 11 9 — Donaghy's Rope 1 19 0 5 2 7

June 9 June 8 Par Montreal, dol. .. 4.555 4.54 4.8GG New York, dol. . 4.115 4.11} 4.8GG Paris, fr. 85 13-16 So j 124.21 Brussels, belga . 24.215 21.195 35.00 Geneva, fr. 17.60 17.425 25.22 Amsterdam, fl. .. 8.40 8.3S 12.10 Milan, lire 64} 64 13-1G 92.46 Berlin, r.m. 14.45 14.555 20.43 Stockholm, kr. .. 19 13-32 19.40 l8.159 Copenhagen, kr. . 22.45 22.425 18.159 Oslo, kr. 19.60 19.80 18.159 Vienna, sch. 30.50* 30.501 34.585 Prague, kr. 113.25, 113J 164.25 Ilelsingfors, mark 226.50 220.50 129.23 Madrid, pes. 39 7-1G 39 7-1G 25.221 Lisbon, escu. 110 110 110 Athens, dr. 590 590 375.00 Bucharest, lei. . . 570 572.50 813.6 Rio de Janeiro, mil. 4.75d + 4.75dl 5.899'1 Buenos Aires, dol. 41 13-lGd 41.75d 47.619d Montevideo, dol. 34 d+ 3-ldt 51d Bombay, rupee . 18 5-64d 18 5-G-id 18d Shanghai, dol. .. 15id 15 3-lGd — Hongkong, dol. . 16 13-16d 16 13-16d — Yokohama, yen . 14 31-32d 14 31-32d 24.53d Batavia. fl. 8.45 8.45 12.10 Belgrade, din. .. 210 250 276.31 Warsaw, zlotys . — 30.18 43.38 +Nominal.