STOCK EXCHANGES

New Zealand Herald, Volume LXXIV, Issue 22647, 8 February 1937, Page 5

STOCK EXCHANGES

SATURDAY'S SALES RETURN ON INVESTMENTS Following is a list of Saturday's transactions on the New Zealand Stock Exchanges and the yield at the quoted price. The exchange premium on dividends payable in sterling is included, The yield on 4 per tent Government loans includes redemption, and on 3} per cent loans is for interest alone, covering gnly the tax-free period.

UNOFFICIAL LIST Quotations on the unofficial list of tho Auckland Stock Exchange are:—

THE MINING MARKET LITTLE CHANGE OCCURS NO BUSINESS IN AUCKLAND The market for mining shares showed litcle movement on the Auckland Stock Exchange on Saturday. No business was done. Closing quotations were:

Salo Price Yield £ S d £ g (| Monnt Lyell (5) .. 22 9 4 13 0 Mount Morgan .. 0 30 6 t Also.—Upper Watut, Is Od.

DUNEDIN EXCHANGE Mount Morgan Developments, Is Id,

tlnterim dividend passed.

YOUNGHUSBAND, LIMITED

CAPITAL ISSUE PROPOSED £bY TELKGRArH —PiIKSS association] WELLINGTON, Sunday The directors of Younghusband, Limited, Melbourne, have advised the Stock Exchange Association that transfer books will be closed on February 15 in connection with a proposed new share issue.

The company is engaged in the business of wool, grain and produce brokers and stock and station agents. The authorised capital of £250,000 in £1 shares is issued and paid up. A total of 50,000 new £1 shares was issued at a premium of os a share in March, 1924, and in April, 1927, 100,000 new £1 shares were subscribed at a premium of 15s a share. The reserve fund in the last balance-sheet at March 31, 1936, totalled £215,000.

NEW COMPANIES REGISTRATIONS IN SOUTH Registration of the following public company appears in the Mercantile Gazette: — Grev River Dredging Company, Limited (Wellington). Capital £300,000 in 600,000 shares of 10s each. Subscribers: Wellington—Rimu Gold Dredging Company, Limited, 120,000, A. K. Scobie, 1). G. .Johnston, one share each. Hokitika —W. J. Radford, one share. New York, United States—S. A. Lowisohn, E H. West lake, J. G. Greenburgh, E. L Rossin, one share each. The following private company is registered: — Preens, Limited (Christchurch), laundry and dry-cleaning proprietors in Tirnaru. Capital, £7OOO in shares of £1 each. Subscribers: Timaru—J. W. Preen, 5350; C. W. M. Preen, 825; V. G. Preen, 825.

INCREASE OF CAPITAL Knitex, Limited (Auckland).—Capital increased bv the addition of £IOOO he.voud the registered capital of £SOOO. E. Astlev and Sons, Limited (Auckland). —Capital increased to £60,000 by the creation of 20,000 additional ordinary shares of £1 each. James S ton berg, Limited (Auckland). —Capital increased to £7ooo by the creation of 6000 ordinary shares of £1 each.

COMPANY WINDING UP Auckland Speedways, Limited. JMr T, W. Maben, liquidator.

BRITISH WAR LOAN British Wireless RUGBY, Feb. 5 War loan, per cent, was quoted to-day at £lO4 l.'is 9d, compared with £lO-1 12s 6d yesterday. MINING SHARES IN LONDON LONDON, Feb. 5 On the mining market to-day Mount Lyells sokl at &5s Ud and Now Guinea Gold at 3s 4jd..

AUCKLAND EXCHANGE Sulo Price Rise or Yield £ s d Fall £ s d Bonds, 15/6/52-55, 4 . . . 103 15 0 — 3 13 2 Stk., 15/3/30-43, 3Va . . 1U1 10 0 +2s Gd 3 0 11 Bunk N.Z.. 2 0 7 -2d 4 18 7 Nat. Insur. 0 18 3 —• 4 2 2 South British 4 1(5 0 +0d 2 15 7 Dev'port Ferry ',1 0 6 — 4 17 7 Dom. Brow. 2 5 0 -Hid *3 11 1 Aust. Glass 4 13 G -Mid 3 4 2 Burns - Philp (South Sea) 113 5 ... 2 1!) 10 Dunloi)-Perd. .0 18 lo -Id 5 G 1 MorrisHedstrom 1 0 3 +3s 3 8 4 Woolworths (N.Z.) .. 7 3 0 -Gd 2 4 3 WELLINGTON EXCHANGE Sale Price Yield £ s d £ a d Bank N.Z. (2) .. 2 0 7 4 IS 7 Guar. Corp. 0 5 0 5 7 3 Kauri Timber (2) 13 4 5 7 2 Ditto 1 3 G 5 6 4 Tooth's (2) 2 17 1% 3 10 0 G. J. Coles •1 10 0 4 0 3 Also.—Kauri Timber, 23s 5d (2). CHRISTCHURCH EXCHANGE Union Bank 10 10 0 3 4 0 Oamaru Wool 110 5 14 3 N.Z. Breweries . . 2 17 2 *2 1G 0 British Tobacco . . 2 10 G *3 3 4 Broken Hill Pty. (3) 4 0 0 3 1 11. Electro. Zinc 2 15 0 »4 7 3 Ditto 2 14 0 *1 7 S Ditto (pref.) .. 2 10 0 *4 5 i) G. J. Coles 4 10 (i *4 0 5 Procera Bread 1 17 G 3 G 8 Unofficial List.—Woolworths (Sydney), i'S lis. DUNEDIN EXCHANGE Dun. City, 1/0/0-1, 3'a OS 10 0 3 14 5 Bank N.Z. 2 0 (i 4 IS 0 'Based on interim dividend at rate per annum.

Buyers Sellers s d £ 8 d National Tobacco . 2 15 0 3 0 0 N.Z. Perpet. Forests 2 10 0.. — Self ridges (Aust.) G 6 (old issue) 2 1 2 2 Ditto (new issue) '2 1 3 2 2 3 Ditto (N.Z., -Is lid.) 0 6 6 0 7 3 Woolworths (Syu., s 13 0 ord.) 8 11 0 Ditto (West. Aus.) 7 5 0 7 12 0

Buyers Sellers £ s d £ 8 d Biff- River — 0 2 3 Blackwater Gillespie's Beach 1 8 0 1 10 3 0 1 3 0 1 7 Golden Crown 0 o 1 0 5 0 Golden Dawn 0 o 0 0 2 9 Goldfields Dredging 0 0 1 0 0 2% King Solomon .. — 0 0 n Komata Beefs 0 7 0 0 8 a Martha 0 31) H 1 0 3 Mataki Gold Dredg. 0 0 6 0 0 n Mataki Junction . . 0 o 0 0 3 0 X.Z. Crown Mines 0 2 4 n 2 8 Skippers .. — 0 0 4 Wailii Investments 0 33 o 0 33 4 Waihi Grand June. 0 3 S 0 3 10 Australia and Fiji Broken Hill South o G 0 o 7 0 Mount Lyell o o 0 o 3 a Mount Morgan .. 0 30 3 0 30 0 North Broken Hill — 3 10 0 Placer Development — 5 2 0 Rawang Tin 0 11 0 0 11 6 WELLINGTON EXCHANGE