AUSTRALIAN EXCHANGES

New Zealand Herald, Volume LXXI, Issue 21912, 22 September 1934, Page 7

AUSTRALIAN EXCHANGES

HEALTHY SYDNEY MARKET VALUES MOVE UPWARD (Received September '2l. 7.45 p.m.) SYDNEY. Sepi. 21 On the Sydney Stork Exchange today investment business was conducted in a healthy market and values, with few exceptions, moved upward. There were extensive dealings in the gold sections, especially in newer issues. This morning's sales included: —Commonwealth 4 per cent bonds, 1988, £10.5 17s Od; 1953, £lO9 15s; 1957, £lO9 15s; 1959, £llO ss; 1961, £IOB 17s 6d. Toohey's Brewery, 29s (3d; Anthony Hordern, 14s lid; British Tobacco, 38s 9d; Broken Hill Proprietary, 525; Colonial Sugar, £67 2s 6d; DunlopPerdriau, 20s; Goldsbrough-Mort, 30s; Henry Jones, 355.

Later sales included:—Bank of New South Wales, £32 17s 6d; Commercial Bank of Sydney, £18; Colonial Sugar, £67 ss; Associated News, 24s 6d; ditto, preference, 245; Australian Gas, A shares, £7 17s 6d; Berlei, 325; Australian Glass, 54s 3d; Dunlop-Perdriau, 19s lOJd; Goldsbrough-Mort, 30s; Anthony Hordern, 14s lOd; ditto, preference, 24s 6d; Winchcombe-Carson, 28s 6d; Wilcox-Mofflin, lis sd; Millaquin Sugar, 33s 9d; Electrolytic Zinc, 28s 3d; Mount Morgan, 33s 6d; Mount' Lyell, 20s; Broken Hill Proprietary, 525; Bulolo Deposits, Is; Rawang Tin, 8s lid; Placer Development (richts), £l3 10s. Melbourne sales included:—National Bank (£5 paid),' £6 10s; Broken Hill Proprietary, 51s 6d; Dunlop-Perdriau, 19s 6d; Electrolytic Zinc, preference, 365; Howard Smith, 16s 6d; Nestle's, preference, 375; North Broken Hill, £5 Is. WAIHI GOLDMINING USUAL INTERIM DIVIDEND The directors of the Waihi Gold Mining Company, Limited, have declared an interim dividend at the usual rate pf 1b a share. It is payable on November 1. WOOLWORTHS (SYDNEY), LTD. QUARTERLY DIVIDEND DECLARED The directors of Woolworths (Sydney),, Limited, have declared the first 1 quarterly dividend since the distribution of the bonuj' issue of shares made in July. It is 2 per cent, which is at the rate of 8 per cent per annum. Payment will be made early in October. In the previous year three quarterly dividends of 3J per cent were paid, with a final distribution of 13J per cent (including 5 per cent bonus), making 25 per cept for the year. TIMARU BREWERY DIVIDEND OF 2* PER CENT A Christchurch report states the directors of the Timaru Brewery Company, Limited, have declared a dividend of 2} per cent. The company has not niade a distribution since 1932, when 7\ per cent was paid for the year. The accounts aro made up to February 28 and normally an interim dividend is paid in October. TOOHEY'S HIGHER PROFIT INCREASE IN DIVIDEND The accounts of Tooheys, Limited, brewers, Sydney, show a profit of £84,426, compared with £72,660. The increase is due to additional earnings and a decreased expenditure. The dividend for the year is 6i per cent (3 interim and 3* final), as against 6 per cenft for the previous 12 months,'and requires £78,000. The balance of £6426, added to £43,755, 'brought forward, gives £60,181 to be carried forward.

NEW COMPANIES REGISTRATIONS IN SOUTH The following companies have been registered in the South:— PUBLIC F.A.M.E. Mutual Insurance. and Guaranteed Incomes, Limited, Wellington. Capital: £IBO,OOO in 180,000 shares of £1 each, 40,000 preference shares and 140,000 ordinary shares. Subscribers: Wellington—A. J. Toogood, C. R. C. Robieson, H. E. Gibbs, W. Stunrt Wilson. Dunedin—C. E. Statham. W. (C. D. North. Stratford—W. J. Poison, 100 shares each. Objects: To grant annuities of all kinds whether dependent on human life or otherwise and general incidental. PRIVATE Bennet Patent Heel Company, Limited, Timaru. Capital: £2OOO in 2000 shareß of £1 each. Subscribers: Christchurch—W. Bennet, 515 shares; A. McD. Smith, 235; W. A. Hopkins, 00; R. D. Wood, 50; R. Methven, 100: H. Doniel, 75; F. T. Bell, 25; S. E. McD. Smith, 60; F! J. Thompson, 50. Timaru —W. J. Watkins, 160; P. A. El worthv. i 50; B. E. H. Tripp, 100; L. A. Scarfe. i 25; G. Johnson, 50; H. Ellworthy, 6t>. ' Fairlie—J. S. lnnes, 50. Otaio—H. B. i S. Johnstone, 50. Wellington—A, H. i Kimbell, 50. Greymouth—J. G. Mc- | Kechnie, 25; T. Learmont, 50. Pukekohe—A. T. Begg. 50. Teinuka—G. Malcolm, 50. Gore —R. B. Bannerman, 50. Objects: To exploit a footwear patent and to carry on business as wholesale and retail manufacturers, etc. Ryan's, Limited, coal merchants. Lower llutt. Capital: £2150 in 2150 shares of £1 each. Subscribers: Lower Hutt —J. M. Ryan, 1075 shares; L. M. O'Shea, 1075. Symington (R. and W. H.) and Company (N.Z.), Limited, manufacturers and dealers in hosiery, etc., Wellington. Capital: £SOOO in 5000 shares of £1 each. Subscribers: Leicestershire, England—R. and W. H. Symington, 4997 shares. Wellington—G. F. Youngs. Gwendoline 11. Youngs, G. G. Cox. one share each. Argyll Farm, Limited, Levin. Capital: £7OOO in 7000 ; iiares of £1 each. .Subscribers: Wellington—H. Black. 6481 shades; Julia C. Black, 499; Margaret M. Black, 10; J. B. Black, 10. Objects: To acquire farming lands. CHANGE OF NAME North Auckland Co-o|>crative Lime Company, Limited, name changed to Waikieke Lime Company, Limited. CALL AND LIST Dividends— Due N.Z. Drug—interim, 3J n.c. .. To-day Kuala Kampar—3d a share . Sept. 37 Bank A'asia—interim, 3s Gd (sterling) a share, less tax at 4s 6d in th® £1 ... .. .. Sent. 28 North Broken Hill—final. Is 6d bonus, Is a share .. .. Sept. 28 Auck. Farm. Freeiing—6 p.c. .. Sept. 88 Pukemiro Collieries—2l p.o. .. Sept, 28 Dunlop Perdriau—ord.. 5 p.o. pref., final, 5 p.c Sept. 28 British Tobacco—auartcrly, p.c., making 6 p.c. for year Sept. 29 Milburn Lime—final, 5 n.c. . . Sept. Farm. Auctioneering—ord.. 4 p.c. p.a. Oct. 6 Milne and Choyce-pref., 6 p.c. p.a.: B prof., 7 p.c. P.a.; ord. and deb.. 3} p.c. p.a. Oct. 10 N.Z. Guar. Corp.—final. 2d a share . . . . Oct. 15 Waihi—int.. Is a sharo .. .. Nov. 1 CallAlexander Mines—con., (id a share .. .. .. Sept. 27