STOCK EXCHANGES

New Zealand Herald, Volume LXXII, Issue 22167, 22 July 1935, Page 5

STOCK EXCHANGES

SATURDAY'S SALES

RETURN ON INVESTMENTS

Following is a list of Saturday's transactions on New Zealand Stock Exchanges and the return from investment at the quoted prico. The exchange premium on dividends payable in sterling is included in the calculation of returns. The yield on 4 per cent Government loans includes redemption and that on 3£ per cent loans is for interest alone, and' covers only the period for which the loans are tax-free.

SATURDAY'S BUSINESS Following is a list of Saturday's transactions in mining shares on New Zealand Stock Exchanges:— AUCKLAND EXCHANGE Return on Sale Price Investment £sd £ b d Waihi June. .. 0 4 li 919 10 Also: Mahakipawa. sid. Unofficial list: Golden Crown, 7s lid. CHRISTCHURCH EXCHANGE Big River, 2s (2); Goldfields Dredging, 3d; Mahakipawa, fid; Mount Morgan, 375. SYDNEY STOCK EXCHANGE SATURDAY'S QUOTATIONS SYDNEY, July 20 Among the sales on the Svdrtey Stock Exchange to-day were the following:—Commonwealth bonds, 3J per cent, 1948, £99 10s; 32 per cent, 1949, £99 12s 6d; 3J per cent, 1943, £lOl 15s; 4 per cent, 1938, £lO3 3s 9d; 1941, £lO3 17s 6d; 1944, £lO5 2s 6(1; 1953, £lO5 2s 6d; 1957, £lO5 7s 6d; 1959, £lO5 lis 3d. Commercial Bank of Sydney, £lB 12s; Bank of New South Wales, £32 17s 6d; Union Bank, £9 5s Toohev's Brewery, 30s 7Jd; Anthony Hordern, 20s lid; British Tobacco, 40s 3d; Broken Hill Proprietary, 59s 9d; Howard Smith, 16s; Morris Hedstrom, 225; "Winchcombe Carson, 28s 6(1. _ PRICES OF METALS FURTHER RISE IN TIN (Received July 21, 5.5 p.m.) LONDON, July 20 Following were yesterday's quotations on the London metal market compared with those of July 13: July 19 July 18 Per ton Per ton £ s d X' b d Copper, stnn., spot . . 31 lf> 10J 318 9 Copper, stan., 3 mo 3. 32 5 7J 31 16 10i Copper, electrolytic . ; 35 0 0 35 0 0 to to 35 15 0 35 5 0 Copper, elec., wire bars 35 15 0 35 5 0 Lead, soft, spot .. 15 1 3 11 17 f> Lend, soft, forward .. 15 3 9 34 18 9 Spelter, spot . . ..1489 14 2 6 Spelter, forward .. 14 12 6 14 7 6 Tin, stati., spot . . 23f> 5 0 234 17 fi Tin, ntan., 3 mos. . . 224 12 6 221 18 9 Quotations for other metals, with last week's prices in parentheses,' are:—• Pig iron: Homo trade, £3 7s 6d (£3 7s 6(1); export, £3 2s 6d (£3 2s 6d). Antimony: British, £74 10s C£74 10s); foreign, £45 15s (£46). Molybdenite, £1 14s 6d (£1 14s Cd) a unit. Wolfram, £1 lis 6d (£1 10s 6d) a unit. STAPLES' BREWERY INTERIM DIVIDEND UNCHANGED The: directors of J. Staples and Companv, Limited, brewers, Wellington, have declared an unchanged interim dividend of 2J per cent. Payment will be made on August 7. MERCANTILE INSURANCE The directors of the Mercantile Mutual Insurance Company, Limited, Sydney, recommend a final dividend of 4 per cent, making, with the interim dividend of 3 ]>er cent, 7 per cent for the year. The dividend for the previous year was 6 per cent.

AUCKLAND EXCHANGE Return on Sale Price Investment £ a d £ a d Aurk. City. 1/1/42, 4} 103 15 0 3 13 5 Bank X.Z. 2 11 6 3 17 8 Union Bank 9 2 0 3 7 10 Pukemiro Coll. 1 5 0 2 0 0 Kenown Coll, (pref.) 0 2 8 6 11 3 British Tobacco 1 19 11 . 3 0 2 WELLINGTON EXCHANGE C'hch. Drainage, 31/1-2/6.1. 4i 108 17 6 3 10 6 Com. Eank Sydney 18 8 0 3 7 11 Bank X.S.W. (2) .. 33 2 6 3 2 3 Bank X.Z 2 It 6 3 17 8 Union Bank (3) 9 2 0 3 7 10 Ditto (2) . . . „ 9 3 0 '376 Mnnawatu Knitting 1 17 6 5 6 8 Ar.thony Hordern .. 1 0 1 Ditto 10 0 Elec. 2!inc 1 7 S 3 12 4 Gfnernl Industries 1 0 0 X.Z. Newspapers 1 IS 5 2 12 0 X.Z. Rf'friff. (£1 pd.) 1 0 9 5 6 0 Ditto (103 paid) .. 0 9 11 5 10 11 Unofficial List.—Woolworths (Sydney). 92 s 9d (2). 93s. CHRISTCHURCH EXCHANGE C,Tich. Drainage, 31/12/61. 4J 10S 10 0 3 11 3 Com. Bank Aus. .. 0 16 9 3 9 8 Ditto 0 16 10 3 9 4 Dalgety .. .. 8 5 0 3 14 10 Timaru Brewery (7s 6d paid) 0 9 0 4 3 3 Anthony Hordern . . 10 0 — Elec. Zinc (pf.) (2) 1 15 6 4 10 2 Unofficial List.—'Associated Motorists' Petrol (pref.), 27s. DUNEDIN EXCHANGE Stock, 15/6/55, 4 112 0 0 3 3 11 South British Insur. 4 18 3 2 14 3 Bruce "Woollen 0 14 0 4 5 9 British Tobacco 1 19 6 3 0 9 Con. Brick (3) 0 10 6 — X.Z. Refripr. (£■! pd.) 1 1 0 5 4 9 _Ditto (10s pd.) (2) 0 9 11 5 10 11 THE MINING MARKET JUNCTIONS SELL UNCHANGED MAHAKIPAWAS EASIER TVailii Junctions sold at 4s lid, an unchanged price, in the mining market on the Auckland Stock Exchange on Saturday. Subsequently, however, buyers reduced their offers by 2d to 3s lid. Mahakipawas were §d easier in a transfer at aid. Closing quotations wore:— Buyers Sellers £ 8 d £ s d Big River — 0 2 2 Blackwater 1 10 6 — Consolidated Goldfields 0 14 6 0 17 6 Gillespie's Beach — 0 1 6 Golconda — 0 0 3 Goleonda Holdings .. — 0 16 Golden Dawn 0 2 0 — Goldfields Dredging 0 0 2} — Hnuraki Consolidated — 0 0 6 King Solomon — 0 3 10 Komata Reefs 0 5 9 0 6 6 Maori Gully — 0 18 Mataki Dredging 0 1 11 0 1 lli X.Z. Crown 0 2 6 0 3 6 Okarito 0 5 10 — Skippers .. . • 0 0 2 — Talisman Dubbo 0 10 6 — AVaihi — 1 18 0 \Y aihi Grand June. 0 3 11 0 4 4 Waitahu 0 2 6 0 3 0 Mount Lyell — 10 0 1 17 3 Mount Morgan 1 16 9 Placer Development 3i as o 33 0 0