STOCK EXCHANGES

New Zealand Herald, Volume LXXV, Issue 23165, 11 October 1938, Page 7

STOCK EXCHANGES

YESTERDAY'S SALES

4 RETURN ON INVESTMENTS"

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

THE MINING MARKET INTEREST IN METALS SHARE - VALUES ADVANCE - \ Base metal shares commanded .most attention from operators in the mining market on the Auckland Stock Exchange yesterday, higher London prices. Mount Lyells rose 2d on sale, -while North Broken Hills ?' ained a full 2s 3d. Offers for Waihi nrestments were stronger. Closing quotations were:— Buyers ' Sellers £ad £ s d Alexander (con.) . 0 8 0 Argo .. .. 0 1 0 0 2 0 Big River . .. 0 10 Blackwater .. Clntha .. 0 2 5 Con. Goldflelds Gillespie's Beach . 0 0 10 0 0 11% Golden Dawn 0 2 0 Goldfields Dredg. . 0 0 1 0 0 3 Martha .. 0 11 0 Oil!) Maiaki Gold Dredg. 0 0 5 O 0 0 Talisman Dubbo . 0 7 3 Waihi Invests, and Exploration 0 8 4 0 8 0 Waihi Grand June. 0 2 0 0 3 2 Australia and Fiji— Broken Hill South 1 12 3 1 12 0 Emperor .. 0 12 0 Mt. Kasi . 0 4 3 O 4 (> Mt. Lyell . ..181) 10 0 Mt. Morsran .. 0 11 0 0 113 Ditto (pref.) North Broken Hill 2 8 0 ,2 o 0 Kawang .. 0 8 0/ —■ Wellington Alluvial* 0 5 0 0 ."> 5 YESTERDAY'S BUSINESS Following is £ list of yesterday's transactions in mining shares on New Zealand Stock Exchanges:— AUCKLAND EXCHANGE Mount Lyell, 20s; North Broken Hill. 48s. CHRISTCHURCH EXCHANGE Sale Price Yield £sd £ « d Mt. Morsran (pref.) 1 0 0 7 14 3 Also. —Mount Lyell, 20s; North Broken Hill, 48s Id, 48s Od; Wellington Alluvials, 5s Id. DUNEDIN EXCHANGE Broken Hill South, 32s Od. HIGHER SHIPPING PROFIT FURNESS, WITHY'S PROGRESS The great British shipping concern Furness, Withy and Company, Limited, controller of the Shaw, Savill and Albion Line has announced that its trading results for 1937-38 are the best it has had for ten years. The profits for the year were £621,000, an increase ot' £76,000 over the previous year, and nearly £2OO,(XX) better than in 1935-36. The profits were calculated only after £350,000 had been set aside for depreciation, • and £200,000 carried to reserves. j

AUCKLAND EXCHANGE Sale Price Rise or Yield — £ 8 d Fall £ 8 d Com. Bk. Aug. 0 10 4 . —"* 4 0 10 Ditto .. 0 10 (i +2d 4 6 11 i) Nat. Bk. N.Z. 2 13 9 +9(1 4 12 Bk.N.Z..(2) 2 2 9 4 13 (> Ditto 2 2 10 + ld 4 13 3 N.Z. Insce. . V 2 15 0 +ls 3d 3 12 1 South British 2 0 0 +Hd 3 1 7 Auckland Gas 0 19 0 +3d 5 12 10 3 Dev'port Ferry 1 0 » 4 17 Dora. Brew. 1 13 0 +2s 9d • 0 1 3 N.Z. Brew.. 2 2 0 +ls 4 0 11 Ditto .. 2 2 0 +1sOd 3 19 11 Brit. Tobacco 2 7 0 +3d . 4 4 3 Broken Hill 2 18 0 +(id 4 5 0 Dunlop-Perd. Electro. Zinc 1 0 2 3 6 0 t +0d e 6 Ifl in- « Ditto (2) 2 8 0 +ls 6 17 11 Ditto (pf.) Fanners' Trad. 2 8 0 +28 0 5 0 0 19 7 +ld 7 3 0 G. J. Coles 8 18 0 +ls 9d 4 9 •j Farmers' Fert. 0 10 9 +3d 7 3 3 North. Roller (ord.) 0 19 0 +6d 3 11 9 Taranaki Oil 0 13 0 +3d — Ditto 0 13 9 +<Jd — "Wilsons Cem't (odd lot) . 0 17 10 — 4 4 1 Wool worths (N.Z.) .. 0 19 6 + 3d 3 16 8 Woolworths (Syd.) .. 1 1 1 +ld 3 11 1 Ditto 1 1 0 — 3 11 4 Also.—Broken Hill Proprietary (con.). 40s; Taranaki Oil, 13s 7V»d. WELLINGTON EXCHANGE

Sale Price Yield £ a d £ s d Com. Bank Aust. 0 16 8 4 5 0 Bank N.Z. 2 2 0 1 13 6 Nat. Insurance (2) 0 16 3 4 12 4 Ditto .. 0 16 5 4 11 4 Auckland Gas .. 0 19 6 5 12 10 N.Z. Breweries .. 2 2 0 •4 0 11 Gear Meat 0 14 2 5 6 0 Aust. Paper Mfrs. (pref.) 15 3 4 15 1 British Tobacco .. 2 7 6 4 4 3 Ditto (2) 2 7 9 4 3 9 Bkn. Hill Pty. (2) 2 18 6 4 5 6 Ditto 2 18 9 4 5 2 G. J. Coles 3 18 6 4 9 2 Imperial Chemicals (pref.) 1 1 10 4 11 7 "Woolworths (N.Z.) 0 19 6 3 16 8 Woolworths (Syd.) 110 " 3 11 4 Also.—Inscribed Stock, 15/3/39-43, 3% ditto £98 10s; Broken Hill Pty., 5Ss Sd; (con.), 40s. CHRISTCHURCH EXCHANGE Stk., 15/2/43-46, 4 100 7 6 4 0 10 Com. Bank Aust. 0 16 11 4 3 8 Bank N.Z. 2 2 7 4 13 11 Ditto m 2 2 10 4 13 3 E., S. and A. Bank 5 3 9 4 1 9 N.Z. Breweries .. 2 2 0 4 0 11 British Tobacco .. 2 8 0 4 3 4 Bkn. Hill Pty. (2) 2 18 1 4 6 0 Ditto (2) 2 18 3 4 5 10 Electro. Zinc (pref.) (2) 2 7 4 6 6 10 Ditto 2 7 6 6 6 4 G. J. Coles (2) .. 3 17 9 4 10 1 Ditto 3 17 10 4 10 0 Taranaki Oil 0 13 5 — Also. —Broken Hill Pty.. 5Ss 2d; Elect rolytic Zinc (pref.). 47s 5d. Overseas list: Woolworths Holdinsrs (South lis lid. ! DUNEDIN EXCHANGE Bank N.Z. ° 2 6' 4 13 9 Ditto (2) 2 2 B 4 13 6 Electro. Zinc (ord.) 2 3 0 6 19 6 | sale cum dividend UNOFFICIAL LIST Quotations on *the unofficial Iis1 of the Auckland Stock Exchange are:- — Buyers Sellers £ a d £ A d Ak. Farmers' Free*. (£1 paid) 10 0 • — < Auck. Trot. Club, * • •• 1,'. ' V 1/4/39-44 ... 98 0 0 — Anst. Prov. Asace. . British -and 1 Dom. 0 8 6 r —«• '■ - v.%. '■. Ijf'X V •- Investments .. 0 8 8 British Neon 0 4 0 " — ■vy.s B runner Collieriea ' (ord.) ,. • — .10 5 d Ballins Breweries . 0 9 0 Caro Stores (pref.) •— 1 2 0 Dominion Life (con.) — ' ■ 0 4 6 Electric Products . — 0 18 0 Fiji Kauri 60 0 0 0 10 0 Henderson * Pollard ■ — Industrial Chemicals (N.Z.) — 0 19 0 Marsden — 1 2 0 National Tobacco . — » 2 3 0 N.Z. Perp. Forests 1 15 0 — Ditto (4s paid) . 0 10 6 0 15 0 N.Z. Woolpack . ... 0 3 6 Nelson Tobacco (pf.) — . 1 1 0 Nikau Bacon 1 (J 0 1 8 0 Ditto (pref.) .. — T 7 0 Pacific Forests — 0 10 0 Photomatic — 0 6 6 Renown Collieries f1/3/54, 6 .. / — 98 0 0 Selfridges (N.Z.) . — 0 5 0 Sth. Cross Assur. . 0 2 0 0 4 0 Sth. Cross Invest. . 0 4 0 V — S. Westland Estates — 0 15 0 Waikato Carbonisation, 1/4/41 . 91 0 0 Wjfton. Pnblishinjt — ' 4 10 0 Whakatane Paper Mills (ord.) .. 0 3 0 0 4 0 Wilton Collieries (1931) — 0 15 0 Do., (debentures) 90 0 0 — Winstone — -• 0 19 0 Woolworths Prop. . 0 13 11 _ Woolworths (W.A.) — 4 10 0 Sylvia .. i : 0 8 6