STOCK EXCHANGES

New Zealand Herald, Volume LXXV, Issue 23133, 3 September 1938, Page 9

STOCK EXCHANGES

YESTERDAY'S SALES

RETURN ON INVESTMENTS

Following is a list of yesterday's transactions on the New Zealand Stock Kxchanges and the yield at the quoted price. The exchange premium on dividends payable in sterling is included, and allowance is mado for British income tax where necessary, hut no allowance is made for brokerage, nor are bonus dividends taken into account. The yield on Government loans includes redemption.

AUCKLAND EXCHANGE Salo Prico Kiseor Yield a s d Fall ,C s d Com. Bk. Aus. 0 !<i I -(id 1 8 2 Ditto (pf.) 1) o o t 4 (i o Ditto . . 0 (i G t -l r> 10 Bank N.Z. 22 3 -3d 4 14 S N.Z. Insce. . 2 10 G Westport-Stockton (pref.) . 0 7 1 -8d 8 !) 5 Bom. Brew. 110 0 -3d GlO 1 Brit. Tobacco 2 8 4 -Is 2d 4 2 0 Con. Brick .0 7 0 G. J. Coles 3 JO 3 +3d 4 8 4 Ditto .. 310 0 Woolworths (Syd.) . . 110 -Id 3 1.1 I Also—lnscribed Stock, 15/11/38-52, 3V 2 , £ 1 (>o 12s (id; Dominion Breweries (rights), Is (2), 3s lOil (odd lot), Is (3); Alloys Steel (Aust.), 7s. Unofficial list: Auckland Farmers' Freezing (L'l paid), 21s (id. WELLINGTON EXCHANGE Salo Price Yield £sd £ s d Bank A'asia . . 10 10 0 3 17 7 Da I get y .. 8 10 '1 110 N.Z. fiefrig. (10s Paid) . . 0 S 0 G 1G 3 Broken Hill Ply. (4) . . . . 217 0 4 Gll Woolworths (Syd.) 112 3 in 10 Ditto (2nd pref.) 1 S 0 5 0 7 Unofficial list: Woolworths (West Australia), Sis. odd lot. CHRISTCHURCH EXCHANGE Bank A'asia .. 10 10 o 3 17 7 Com. Bk. Aus. (pf.) o (i (i .( 510 Nat. Bank N.Z... 212 G 415 0 Union Bank . . S 8 O 4 o 5 Invincible Bldg. .. 410 0 510 .11 Canterbury Meat (pref.) .. (i 2 (i 4 17 11 N.Z. Breweries (2) 2 1 10 4 1- 3 Broken Hill Pty. 2 17 3 17 4 D.I.C O 14 (i 12 !) G. J. Coles .. 3 10 o 4 S 7 Taranaki Oil .. 0 12 lo Wilcox Mofflin 0 (i 4 15 15 10 Wilsons Cement (2) (1 17 0 I S 3 Also: Inscribed Stock, 15/11/38-52, 3'/j, .CKIO 10s; Broken Hill Proprietary (con.), 3Ss 7d. DUNEDIN EXCHANGE National Insurance 0 Hi 11 4 S S Woolworths (Syd.) 112 3 10 10 * Based 011 interim dividend at rate per annum. t Previous salo cum dividend. i

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

THE MINING MARKET DECLINE IN MARTHAS WAIHI INVESTMENTS DROP Lower values ruled throughout the mining market on the Auckland Stock Exchange yesterday. Lower offers for both Marthas and Waihi Investments resulted in business at a decline. Metal issues also wore weaker. t Mount Morgans sold 11d cheaper. Closing quotations were: —

Buyers Sellers £sd £ s d Argo . . . • 0 10 0 2 1 Golden Crown .. 0 3 0 Golden Dawn .. 0 '2 0 Goldficlds Dredg. 0 0 3 Martha ■ . 010 10 011 0 . Mataki Gold Dredg. 0 0 6 0 010 Waihi Invest, and '» • Exploration . 0 8 4 0 9 0 "Waihi Grand Junct. 0 2 8 3 1 Australia and Fiji— Broken Hill South 1 0 3 110 0 Emperor • - • 01- 8 012 11 Lolonia . . • - 1 ~ 0 13 0 Mount Kasi .. 0 4 0 0 5 O Mount Lyell .. 10 0 1 ' Mount Morgan .. 0 10 9 0 10 10 Ditto (pref.) .. I I North Broken Hill - Rawang . . • ■ ~~~ _ V " „ North Kalgoorlio 12 8 1 3 0 Wellington Aliuvials 0 5 3 0 0 0

YESTERDAY'S BUSINESS Following is a list of yesterday's transactions in mining shares on Isew Zealand Stock Exchanges: AUCKLAND EXCHANGE Sale , T . . . Prico Rise or lield £ 8 (1 Fal ! Jin r Martha .. Oil 0 -«< ™ll Waihi Invest. 0 8 0 fMI 3 411 Also. —Mount Morgan. 10s Od. dunedin exchange Big River, Is 2d; North Broken Hill. 40s. CALL AND DIVIDEND LIST . -i Dividends— Dae Standiird Insurance —final, is 3d a share .. • • • • Sept. 5 Waitahu Gold—2d a share .. Sent. 0 Broken Hilt South— Od a share Sept. 15 Uuddart - Parker—int., prof., 3 p.e.; Old., 0 D.c. .. •• Sept. 15 Electro Zinc—final, pref. and _ ord., » p.c. . . • • •• Sept. 10 Howard Smith —int.. 2 p.c. .. Sept. 22 North Broken Hill—quarterly, Od a share .. • • • • Sept. 28 Cox Bros—final, A and B pref., 7 p.c. p.a.; ord.. 15 p.c. p.a. Sept. .50 Bank A'asia —int., 3s Od a share Sept. 30 Duitlop-Perdriau final, pref., 5 p.c.; ord., 3% p.e Sept. 30 British Tohacro —quarterly. 2 p.c. Sept. 30 Howard Smith—pref., quarterly, 0 p.c. p.a Oct. 0 United Provisions —ord., 3 p.c. p.a.; pref., final. 4 p.c. . . Oct. 28 Calls — Burns, Philp—new. 5s a share . Oct. 1 Wool wort lis Props.—los a share Oct. 31 NEW PRIVATE COMPANIES The following private companies have been registered in Auckland: — W. E. Phillips, Limited, motor dealers. Capital, £IOOO in £1 shares. Subscribers: W. tE. Phillips, 090 shares; J. W. Hyland, one. Gresham's Garage, Limited, motor engineers. Capital, £2OOO in £l. shares. Subscribers: F. G. Greiham, 1333 shares; J. A. Grcsham, 667.

Buyers Sellers jj s d £ s d Associated Motorists (pref.) 1 3 0 — Auck. Farm. Freez. (£1 paid) .. 1 0 9 — Auck. Trottinpr Club,-.1/4/39-11 ion 0 0 — Anst. Prov. Assce. 0 S 6 0 9 6 British and Doin. Invests. — 0 8 3 British Neon 0 3 G — Dnm. Life (con.) — 0 4 6 Elec. Products — 0 19 G F.A.M.E. Ins. (10s paid) — 0 9 o Fiji Kauri 0 8 0 0 10 0 Indust. Chemicals (N.Z.) — 0 19 9 Marsden — 1 2 0 Mt. Eden Land Co. 0 9 0 — National Tobacco . 2 0 0 o 3 0 Ditto (pref.) 1 9 0 — N.Z. Perp. Forests (4s paid) — 0 15 0 N.Z. Woolpack — 0 3 6 Nelson Tob. (pf.) — 1 1 0 Nikau Bacon — 1 8 0 Ditto (pref.) — 1 S 0 Photomatic — 0 a 6 Rayneon (pref.) . — 0 19 0 Renown Collieries, 1/3/54, 6 > . — OS 10 0 Rotary Multicolour Sisns St. Cuth.'s, 31/3/4-2, — 0 7 6 4 . . 75 0 0 85 0 0 Selfridpes (N.Z.) (10s paid) .. 0 5 6 — Silknit — 0 18 6 Sth. Cross Invest. & R.D. Society . 0 3 3 — S. Westland Estates — 0 15 0 Walker and Hall (N.Z.) — 1 2 0 Waikato Carbonis., 1/-1/41 01. 0 0 — 0 Welling. Publishing — 4 10 Whakatane Paper 0 Mills (ord.) . — 0 4 Ditto (pref.) — 0 8 3 Wilton Collieries 0 0 (1034) — 15 Winstone . 0 1G G 0 IS 9 Woohvorths (West 0 Aust.) 4 2 G 4 6 Ditto (Props., 14 10s paid.) 0 13 10 0 1 Coromandel Gold . — 0 1 2 Sylvia (fully pd.) —■ 0 9 3