STOCK EXCHANGES

New Zealand Herald, Volume LXXV, Issue 23027, 3 May 1938, Page 7

STOCK EXCHANGES

YESTERDAY'S SALES RETURN ON INVESTMENTS I 1 ollowing is a list of yesterday's transactions on tho New Zealand Stock Exchanges and tho yield sit the quoted price. The exchange premium on dividends payable in sterling is included, and allowance is made for British income tax where necessary. Tho yield on 4 per cent Government loans includes redemption. AUCKLAND EXCHANGE Salo , Price Rise or Yield Stk.. 15/1/53-57* 8 d FllU £8 d nffWj 810 0 ~ 314 0 City&Akld.. 103 ° ° ~ 3152 1/1/44-51, v «' /4 f * T>; 103 0 0 • 319 0 Punt,XT V 11 4 130 1° Bank N.Z. . 2 3 o w■# In ? U J; • 18 « -Od 3 8 3 westport-Stockton <P r <fH •• 05 0 Brit, lobacco 2 8 3 -3d 4 211 Colonial Sugar (2) . 48 7 0 +258 3 2 0 Or. J. Co es 4 0 0 "3 15 0 Lewis Eady ~ ( H ref -l 0 15 0 8 0 0 Morts Dock 011 0 -2(1 7 5 5 \V oolworths (Syd.) ..1 2 3 Also.—Stock 15/11/38-52. 3'/ a , £lO3 7s On; \v oolworths Properties, rights (pref.), 2s Od. WELLINGTON EXCHANGE Sale Price Yield ... . £ s d £ s d Wellington City, v . V* ■ 107 0 0 3 15 1 r*at. Bank A asm (110 paid) . 13 if) 0 4 0 0 Colonial iSiigar .. 48 so 3 1 11 Donaghy's Hope . . 5 o 4 711 G 'J/. Coles (2).. 4 0 () '3 lo O Ditto (pref.) (2) 115 10/, 4 9 0 IS.Z. Druir .3 7 0 4 15 0 A'so-—"Stock, 15/11/38-52, 3Va, £lO3 7s Od; Woolworths Properties (pref.), rights, 3s (2), 2s lid (2). CHRISTCHURCH EXCHANGE Stk., 15/2/43-40, 4 102 0 0 3 15 2 Nat. Bank N.Z. .. 214 3 411 0 Ditto (odd lot]' : 14 O 4 11 0 Goldsbrouph Mort 1 10 1 5 0 5 N.Z. Refrig. (£1

paid) (odd lot) O IS 4 6 0 0 N.Z. Breweries . . 2 4 8 3 10 2 Ditto (odd lots) (2) 2 4 0 3 10 5 Broken Hill Pty. 2 10 n 4 3 8 _ Ditto .. .. 210 31 4 3 G Or. J. Coles (3) . . 4 0 0 *3 15 0 Taranaki Oil (2) O 7 2.

_ Also.—Woolworths Properties (pref.), "Klits. 2s 8d (3), 3s (5). Overseas list: Woolworths Holdings (S.A.), 15s 4d. DUNEDIN EXCHANGE Stk., 15/4/40-49, 4 102 5 0 3 14 2 N.Z. Breweries .. 2 1 0 3 10 5 Con. Brick .. 0 7 IOVi *0 011 Donaghy's Ropo .. 2 5 0 4 7 11 Milburn Lime .. 1 17 0 4 13 4 •Based on interim dividend at rato per annum.

UNOFFICIAL LIST Quotations on the unofficial list of the Auckland Stock Exchange are: — Buyers Sellers £sd £ s d Auckland Meat . . Auck. Trot. Club, 1/4/39-44 ~ 98 10 0 Berkley Investments (fully paid) .. 0 1G 0 British Neon .. 0 4 0 0 10 0 Electric Products. . Kaingaroa Forests 0 2 G • Metters (N.Z.) 0 110 Modern Theatres (12s Gd paid) 0 10 0 Napier Brewery.. 18 0 1 15 0 National Tobacco. . Nelson Tobacco (pref.) N.Z. Perp. Forests 2 0 G N.Z. Woolpack .. 0 3 9" Nikau Bacon .. Kayneon (pref.) .. 0 17 0 Selfridges (Aust.) 014 6 Silknit .. .. Welling. Publishing Whakatane Paper Mills (ord.) .. 0 5 0 0 5 6 Ditto (pref.) .. 0 16 0 Wilton Collieries (1034) .. 0 15 0 Winstonc .. 0 10 0 Coroniandel Gold 0 10 0 1 G ' THE MINING MARKET LITTLE BUSINESS DONE QUIET CONDITIONS PERSIST Quiet conditions persisted in the mining market on the Auckland Stock Exchange yesterday, tho only business being in Golden Crowns, which changed hands at an advance of 2d. Offers for Marthas and Waihi Investments moved up a shade. There wan again no support for Barriers, and holders of Broken Hill South reduced their limits. Closing quotations were: — Buyers Sellers £ s d £ 8 (I Argo .. .i 0 16 Golden Crown .. o 3 7 0 4 1 Martha . . .. 0 15 2 0 15 5 Mataki Gold Dredg. 0 0 6 Mataki June. .. 0 16 Mossy Creek .. 0 1 2 Skippers . .. 0 0 OV, 0 0 0/, Talisman Dubbo . 0 7 0 Waihi Invests. A Exploration . . 0 8 7 Waihi Grand June. 0 2 6 0 3 0 Australia and Fiji— Broken Hill South 10 9 „ Mt. Lyelt . .. 17 0 18 0 Mt. Morgan O J • Ditto (pref.) . . 0 9 0 0 9 8 North Broken Hill Placer Develop. . 3 9 3 Rawanff . . ■ • 0 8 0 0 8 6 YESTERDAY'S BUSINESS Following is a list of yesterday's transactions in mining shares on New Zealand Stock Exchanges:— AUCKLAND EXCHANGE Golden Crown, 4s. WELLINGTON EXCHANGE Nemona, Is Gd; Skippers, 'Ad. CHRISTCHURCH EXCHANGE Broken Hill South, 30s. DUNEDIN EXCHANGE Mount Lyell, 27s 2d; Broken Hill South, 30s Gd. INQUIRY INTO PROFITS AN AUSTRALIAN ACTION After attention had been directed to tho profit of more than £1,000,000 made by General Motors-Holden's, Limited, last year, the Acting-Minister of Trado and Customs, Mr. J. A. Perkins, said in tho Commonwealth House of Representatives at Canberra that tho question of profits being made by motor-body builders in Australia would receive early consideration. Mr. Perkins was asked to take into account tho profits of such British motor concerns as that controlled by Lord Nuffield beforo taking any action. VACUUM-PACKED PRODUCE COMPANY TO LIQUIDATE [from our own correspondent] LONDON, April 13 It is proposed to place Vacuum-Packed Produce, a company importing New Zealand butter into England, into voluntary liquidation. Shareholders will be asked to approve this plan at a meeting to be held on April 21. A circular to shareholders states that, while tho company has an increasing business, it has been handicapped by lack of working capital. Tho present position of tho company and tho general situation make it impossible -for .further capital to he raised. It is hoped that some arrangements will bo made for reconstructing the company. Lieutenant-Colonel E. fF W. Lascelles is chairman of tho company, which was formed in 1934 to market dairy and other products packed under a vacuum : process. Issued capital is £62,121 in : os shares.