STOCK EXCHANGES

New Zealand Herald, Volume LXXIII, Issue 22399, 21 April 1936, Page 5

STOCK EXCHANGES

YESTERDAY'S SALES RETURN ON INVESTMENTS Following is a list of yesterday's transactions on the New Zealand Stock Exchanges and tho yield-at tho quoted price. The exchange premium on dividends payable in sterling is included. The yield on 4 per cent Government loans includes redemption and on 3J per cent loans is for interest alone, covering only the tax-free period. AUCKLAND EXCHANGE Sale Pr:;ce Rise or Yield £ ,9 d Fall £ s d Stk., 15/2/46, 4 103 0 0 Com. Bk. Aus. (3) . . .. 10 0 Union Bank . . 916 0 -2s 3 3 0 Farmers' Auct. (B pref.) .. 12 0 +6d 410 11 TaupiriCoal (2) 016 3 -3d Auckland Gas . 16 1 -fid 4 4 8 Northern Steam. 0 6 9 8 3 0 Kauri Timber . 1 4 0 N.Z. Brew. (2) 212 3 -Id 213 7 Farmers' Trad. 094 -Id 469 Union Oil .. 19 0 -Is 4 6 2 Wilsons Cement 22 0 +ls *3 11 5 Unofficial List.—Woolworths (Sydney), £B. WELLINGTON EXCHANGE - Sale Price Yield fed £ s d Com. Bank Aus. . . 10 1 218 1 Wellington Invest. . . 0 9 3 417 4 British Tobacco . . 2 0 0 *3 10 0 Colonial Sugar .. 42 0 0 219 6 Sharlands .. . . 110 4 15 3 Ditto (pref.) . . 110 415 3 Unofficial list: Woolworths (Syd.), £1 lis. CHRISTCHURCH EXCHANGE Bank N.Z 2 7 0 4 5 1 E.. S. and A. Bank 6 6 6 218 6 Reserve Bank 6 11 0 Ditto .. . . 6 11 9 Farmers'Auct. (£5 pd.) 4 0 0 6 12 C Kauri Timber . , 1 4 0 5 4 4 N.Z. Breweries . . 212 0 213 10 Broken Hill Pty. (4) 219 6 *4 4 0 Woolworths (N.Z., pf.) 115 0 5 210 A 160: Farmers' Auctioneering, 1915, 4J per cent, £9l. DUNEDIN EXCHANGE Southland Meat ... 316 6 4 3 8 Bruce Woollen (pf.), (2) 1 3 0 4 17 5 "Based on interim dividend at rate per annum.

THE MINING MARKET WAIHI INVESTMENT WEAK ADVANCE IN MARTHAS There was a quiet tone in the mining market on the Auckland Stock Exchange yesterday. Buyers were not forward and several transfers wero late sales. In the first sale for over a month, Waihi Investments dropped back Is 9d to 12s. Marthas sold slightly higher at 19s 7sd. Following the announcement of improved accounts for last year, there was a transfer of Big Rivers Id dearer at Is lid. Closing quotations were: — Buyers Sellerß £Bd £ s d Alexander (15a paid) 011 0 015 0 Big River . . ... 0 111 0 22 Blackwater .. ... 19 6 112 0 Consolidated Gold. ... o\3 0 015 6 Gillespie's Beach ... 0 14 Golconda Holdings 0 15 Golden Crown ... 0 8 0 o'9 6 Ditto (con.) ~ 0 7 9 0 8 3 Kins Solomon . „ 0 2 9 0 3 1 Martha ~ ... 019 0 019 9 Mataki Gold Dredst. 0 1 11 Molyneux Dredg. ... 0 2 0 Talisman Dubbo ..0 9 6 Waihi Investments and Exploration ... 0 12 8 Waihi Grand June. 0 3 6 0 4 0 Australia- and FijiMount Lyell . . 14 3 14 9 Mt. Morgan (ex div.) 016 0 016 7 Mt. Morgan Devel. 0 2 6 Placer Development; Rawanjr ... 0 9 0 0 9 6 YESTERDAY'S BUSINESS Following is a list of yesterday's transactions in mining shares on New Zealand Stock Exchanges:— AUCKLAND EXCHANGE Sale Price Rise or Yield £ s, d Fall £ b d Martha .. 019 7J + ljd *6 510 Waihi Invest. . 0 I'.! 0 -ls9d Also.—Big River. Is lid: Upper Watut. 8s 2d. CHRISTCHURCH EXCHANGE Sale Price Yield £bd £ b d Mt. Lyell (2) .. .. 1 4 6 2 0 9 Also.—Argo, Is 41 d ; Mount Morgan, lfis Id; Skippers. 2}d; Worksop Extended, Is 9d. 'Based on interim dividend at rate per annum. LOANS CONVERSION PIAKO COUNTY SCHEME DECISION OF THE COUNCIL [by telegraph—OWN correspondent] IE AROHA, Monday Following prolonged negotiations finality regarding the conversion of loans totalling £314,810 was reached at today's meeting of the Piako County council. The total indebtedness has been divided into three proup3 of loans. No action is to be taken in respect of £39,590 held by State Advances Oflico as these loans will be repaid at the present maturity dates. The second group comprises £1143,170 and £19.837 held by the Public Trustee. Provision for the voluntary conversion of these debentures is to be extended and- the amounts converted to instalment loans which will redeem themselves at a new maturity date. In connection with £112,213 held by sundry debenture holders the county clerk is to proceed with the voluntary conversion of such proportion of the total a* individual debenture holders will consent to. At a later stage the council will consider what arrangements can be inadc with dissenting debenture holders if any.

NATIONAL INSURANCE DIVIDEND MAINTAINED [BY TELEGRAPH I'IIKSS ASSOCIATION] DUNEDIN, Monday The directors of ;tlio National Insurance Company of Now Zealand, Limited, have declared an unchanged interim dividend of 4d a share for the half-year ended March 31. It is payable on May 15.

UNOFFICIAL LIST Quotations on the unofficial list of the Auckland Stock Exchange are:— Buyers Sellers £ B d £ B d Assoc. Motorists (pf.) 1 4 0 1 5 6 Auck. farmers' Freez. (£5 pd.) 5 S 0 5 12 6 Ditto (£1 pd.) Citizens' Per. Bldg. 1 1 0 — 0 18 0 Society . . - : — Cranwells — 1 17 0 Dom. Brewery (pf.) — 1 5 6 Hellaby's (pf., 7 p.c.) 1 3 6 — 6 Loyal — 0 17 Ditto (pf.) — 1 0 0 Modern Shoes 0 2 6 0 6 8 Murray Deodoriser . — 0 12 6 National Tobacco . . 3 7 0 3 9 0 Pacific Forests 0 7 G 0 10 0 Reid (X.Z.) Rubber Mills, 15s pd. . . 0 15 9 — Renown Collieries, 1/3/54, 0 p.c. .. 101 0 0 — Selfridges (Aust.) .. 1 0 0 1 0 9 Ditto, new issue, •20s pd. — 1 0 6 Silknit 1 8 0 — South Auckland Flas — 0 7 6 Taylors (Ch.) Bagwash 1 4 0 1 6 0 Vacuum Power — 0 10 0 Weres (as pd.) — 0 5 9 Woolworths (Sydney, ord.), rx div. . , 7 17 0 8 1 6 Ditto. West. Aust. 10 0 0 — Alluvial Holdings . . — 0 1 9 "Waikoromiko — 0 1 6