STOCK EXCHANGES

New Zealand Herald, Volume LXX, Issue 21647, 13 November 1933, Page 7

STOCK EXCHANGES

SATURDAY'S SALES

RETURN ON INVESTMENTS

Following is a list of Saturday's transactions on Now Zealand Stock Fxehanges. In the second column is given flic return, based on tho last annual dividend, from investment at tho quoted price. In calculating the return on shares in companies which pay their dividends outsido New Zealand the. exchange rates have not been taken into consideration. The return on Rank of New Zealand ordinary shares is computed at 10 per cent per annum. The \ ie'd 0,1 4 per cent Government loans includes redemption. In tho case of per cent loans, tho 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 and debentures in the meantime. 1 AUCKLAND EXCHANGE Return on Sale L'rico Investment ■p t \- o irr ,i: ' s <' £ b d Lank N.S.W .. .. ;d 0 0 :i 1 <) Dominion Pictures . 0 it i; 5 5 AVaihi Junction .. 0 t U « 1 7 Mount Lyell . ..100 2 0 •■> The following sale also took place:—Gillespie a Leach, rights, ]od. WELLINGTON EXCHANGE Mount Lyell . . . . 1 ;t <)• 022 Tho following sales also took place Bell-Hooper, ltjd. Unofficial list: New Zealand Perpetual Forests, i7s. CHRISTCHURCH EXCHANGE Rank N.S.W ;tt 0 0 .'! 1 0 Dalget.v 10 2 0 2 0 7 (.loldsbrougli-Mort . . jlO o i' j X./., lirewei ies (21 . 1 17 0 ;j j j y N.Z. licfrig (10s piud) 0 0 1() Duulop ljtibber (0) . OIS to 4 ,j 11 Mount Lyell . . . . 1 ;i 5 22 S L'ttO .. 1 ;i (J i) o DUNEDIN EXCHANGE Bank N.S.W .. . . 31 0 0 3 10 SYDNEY STOCK EXCHANGE SATURDAY'S BUSINESS SYDNEY, Nov. 11 Sales on the Sydney Stock Kxehange to-day included:—Commonwealth 4 per cent bonds, 1901, £IOO 7s od. Lank of New South Wales, £33 10s; Commercial Lank of Sydney, £l7 12s; Associated News, 21s; British Tobacco, 375; Colonial Sugar, £Ol 10s; Duniop-Perdriau, 19s Wileox-Moll'lin, 10s. SYDNEY WOOL SALES GENERAL IMPROVEMENT PAST WEEK REVIEWED The weekly wool letter in the Sydney Morning Herald says the demand again strengthened at this wqek's Sydney sales. Tho values of Merino wools generally improved 5 per cent, and comebacks and crossbreds 7J per cent. The market now is on tho highest levels in Australian currency since March, 1929. Tho wools which were exceedingly cheap 12 months ago display the greatest appreciation. Choicest tleeco wools, although realising excellent prices, do not show such a marked advance on last year's rates. English niillmeu aro buying in outstanding volume, their activity and optimism being confirmed by the buoyancy in the British top and yarn markets. Japan, in spite of fears to the contrary, is continuing to buy with great freedom in Sydney as elsewhere, i Greasy locks are worth nearly double the values ruling in November, 1932, while there arc numerous instances where bellies are making relatively high prices compared with llccce of tho same clips. GOLD AND SILVER QUOTATIONS IN LONDON (Received November 12, 5.5 p.m.) LONDON, Nov. U Fine gold is quoted to-day at £0 10s I'd an 07.., compared with £0 9s 8d yesterday and £0 10s lid 011 Thursday. Silver was quoted yesterday at IS 7-lOd an oz. spot and 18 9-10 d forward, compared with 18 9-10 d and IS 4-lGd on Thursday. The quotation for silver at per fine 07.. yesterday was 19 7-Bd, compared with 19 15-1 Od on Thursday. The following table shows recent fluctuations in the price of line gold at per ounce: .£ a d £ s d Oct. 25 . . 0 10 1 Nov. 3 . . 0 13 2 Oct. 20 . . ('. 10 01 Nov. 4 . . 012 -Ij Oct. 27 . . olt 2 Nov. 0 . . Oil 10 Oct. 2ft . . 0 !) H Nov. 7 ..00111 Oct. HO .. olt 21 Nov. H . . 011 10 Oct. 3L . . 010 7 Nov. 0 . . 010 1 1 Nov. 1 . . 011 0 Nov. 10 . . 0 U (* ~Sov. 2 . . OJ3 3 Nov. 11 . . 010 11 QUOTATIONS FOR WHEAT LONDON AND LIVERPOOL LONDON', Nov. 11 | Wheat.- —Cargoes are steady but inno- j tivo. Parcels aro occasionally easier. | Futures: —London: December, 19s od a quarter; February, 19s 9d; April. 20s Id. Liverpool: December, Is 5.1(1 a cental; Marcli, -Is May, <ls lOjJd. CANADA'S 193 3 CROP (Received November 12. 0.35 p.m.) OTTAWA, Nov. 10 Canada's 1933 wheat crop is ollicially announced at 271,821.000 bushels. CALL AND DIVIDEND LIST j Dividends— ue ; MoHKiel Woollen—final, 4 p.c.; bonus, 2 p.c.; jubilee bonus, 7 h (;d 11 shan. . . • • To-morrow. Bycroft; Ltd.-interim, lid a I share . • ■ • • • - ov - 10 ' Broken Hill Ply. hulf-ycarly, U I a nhiiru . . .• • . « ov - ! Burns- t'hilp—interim, ts a ahnro Nov. Nut. Insurance—;finul, ->d a sliaro INov. -U liav/nm( Concessions —Od a share: bonus, Od a shun; (sterling) ->ov. -i Dalftet v and Co.-final, 21 p.e. I (Kiiglinli currency) .. .. Nov. .7 Wilsons Cement-- interim, Od a share • • • . ■ • ■ • Nat. Bank A'nsia—interim (XlO paid and X's paid), 5 p.c. P.a. iS " v - Formers' Trading—int., A and D • pref , 7 p.c. p.a. (less 20 p.c.) Nov. JO Bruce Woollen —pref., 7 p.c. p.a.; ord., '2l P.c. P.a. • • • • West port Coal-final, o,d a share £ov. Aaliburton Has—7 pel cent .. Aov. K. S and A. Hanlt- final, '2l pel' cent (sterling, lax liee . . Nov. Henry Joins Co-op.—-final, J'-i a nhar" ... ■ •• c ' cAns. (ihiss interim, pre!.. -M p.c.; ord., '1 p.c. , ■ ■ Dec. Imperial Chemical Industries, I,li|, (London) - interim, -j p.c • • Dcc - 1 Bank- of N.Z.—interim, D pref,, :ij p.c.; ord., Is a share .. Dec. J North Itroken Hill Is a sliure; bonus, 0(1. a share . . . • Dec. 1~ I'hicer Development, interim. 1 dollar "0 cents Canadian (about 0s 2d New Zealand currency), subject, to < anadm 11 lax of 5 Dpc ' 15 Bulolo —interim. ('.() cents Canadian (about :ih Id iVew Zenland currency) a share, subject to Canadian tax of f> p.c. Dcc. 1;> Broken Hill South—ls a share Dcc. 15 ML Morgan—interim, first, 2s a share , lrt Mount Lyell. final, 0d a share Dec. lb Kauri Timber--'1 p.o. p.a. .. Lw. I