STOCK EXCHANGES

New Zealand Herald, Volume LXXVI, Issue 23274, 17 February 1939, Page 7

STOCK EXCHANGES

YESTERDAY'S SALES

RETURN ON INVESTMENTS

following is a list of yesterday'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, and allowance is made for British income tax where necessary, but no allowance is made for brokerage, nor are rp? nus . dividends takeu into account, lho yield on Government loans includes redemption.

THE MINING MARKET

MOUNT MORGANS FALL OTHER ISSUES, STEADY The recent easier trend in Mount Morgans was confirmed by two sales at declines of 5d and 7d in the mining market on the Auckland Stock Exchange yesterday. Other metals were about steady, but offers for Waihi Investments sagged. Closing quotations were:—

YESTERDAY'S BUSINESS Following is a list of yesterday's transactions in mining shares on New Zealand Stock Exchanges:— AUCKLAND EXCHANGE Mount Morgan., lis 4d. lis 2d WELLINGTON EXCHANGE Unofficial Listi. SAssociated Dredges (N.Z.) (5s fully-paid), 5s 2d CHRISTCHURCH EXCHANGE Unofficial List.—§Ngahere, 255. DUNEDIN EXCHANGE Sale Prico Yield £sd £ s d Mount Lyeli 1 7 0 5 11 1 PRICES OF' METALS DECLINES IN LONDON LONDON, Feb. 15 Following are to-da.v's quotations on the London metal market, compared with those of yesterday:— Feb. 15 Fob. 14 Per ton Per ton *■; i s d £ s d Copper Stan., spot 41. 10 7% 42 3 9 C "iShs * 41 Mi f 42 '» IV. Copper! electrolytic -16 10 0 47 10 0 to to 47 10 0 48 0 0 Copper, elect., wire bars 47 10 0 48 0 0 Lead, soft, spot M 4 4% 14 4 4% Load, soft, forward 10 0 10A 16 a l()/ a Soelter spot 8 1/» 13 11 J Swelter, forward 18.13 P/ a 13 10 8 Tin stan., spot 212 7 0 214 2 6 Tin stan., 3 moif. '2ll 17 (J 212 17 0

CALL AND DIVIDEND LIST Dividends — Duo Dominion Investment —int.. 5 p.c. - p.a. .. .. Feb. 20 Wallaroo —Mount Lyell. int., 5 p.c.. p.a. Feb. 22 Bank N.S.W.—• quarterly, (is a share ■ • • • 23 Emperor Mines-h-Od a share Feb. 21 Winc.hromhe Carson—int.. UVa P.c. teb *2B Elder Smith—int.. 7 p.c. p.a. . Mar 1 JjOlohih—'s a Bharo Mar. 8 Broken Hill foulh —int., (id a share Mar. 15 Eloctrolvtic Zinc —ord. and pref.. int.. 0 p.c. . - Mar. 17 Standard Ins. —int.. Is 3d a share .. ■ • • ■ Mar. 31 CallsBroken Hill Pty.—new. 5s a share . Mar. 31 Burns. Philp—new. 6s a share . April 1

AUCKLAND EXCHANGE Sale Price Rise or Yield £ B Stk., 15/6/52-55. d Fall £ B d -1 • . . 100 0 0 "415 Com. Bk. Aus. 0 15 11 +2d 4 8 9 Bank JSI.Z. . l 19 3 -2d 5 1 11 4 13 8 National Insco. 0 1G 0 +2d N.Z. Insce. (2) 2 13 3 3 15 1 §Jvauri Timber 1 3 6 6 7 8 Brit. Tob. (pf.) 1 12 3 -3d 4 0 8 Con. Brick 0 S 11 8 19 5 §G. J. Coles 3 10 0 *3 15 11 Ditto .. 2 19 0 *3 15 11 M.K. Mfrs. . 0 7 9 .7 14 10 Taranaki Oil 0 8 1 +ld Ditto . . OS 3 +3d §Union Soap 1 0 9 -3d 1 6 0 6 Wilsons Cem't 0 15 10 4 14 10 Woohvorths (N.Z.) .. 0 18 0 4 8 10 Ditto 0 17 10 -2d 4 9 9 Wool worths (Syd.) (2) 1 4 3 +4d 3 12 2 Also.—Stock, 15/3/39-43, 3% ivorths £99 12s Gd (2). unofficial list: Wooli 1 Properties (pref.), 2Gs 3d. WELLINGTON EXCHANGE Sale Price Yield £ s d £ s d Union Bank 8 5 0 4 5 6 British Tob. (pf!.) 1 12 9 3 19 5 §Bkn. Hill Ply. 0 IT B 4 G 11 Sugar . 49 0 0 3 12 §Con. Brick . . 0 8 11 8 19 5 SUnion Soap 1 0 10% fl 19 9 Woohvorths (N.Z.) 0 17 11 4 9 4 CHRISTCHURCH EXCHANGE N.Z. Insurance . 2 13 3 3 15 1 Woolworths (Syd,) 1 4 0 3 12 11 Ditto (2) 1 4 3 3 12 2 Also.—Woohvorths (Syd.), 2is 2d. DUNEDIN EXCHANGE Bank N.Z. 1 19 3 5 1 11 Associated News. . 1 1 3 6 11 9 Broken Hill Pty. 2 17 10 4 6-5 G. J. Coles 4 0 0 *3 15 0 Ditto .. 3 19 6 *3 15 5 N.Z. Refrig. (cot;.) 0 7 7 7 5 1 Woolworths (Syd.) 1 4 2 3 12 5 Taranaki Oil 0 S O — -* Based on imlerim dividend at rate per annum. § Sales completed ; day after hours on previous UNOF'FICIAL LIST Quotations an the unofficial list of the Auckland Stock Exchange are:— Buyers Sellers £ s d £ 8 d Auck. Farmers' Freez. (£1 paid) 1 0 0 12 0 Auck. Trotting Cltib, 1/4/39-44 04 0 0 — Battery Equip. Mlrs. 0 17 0 12 0 Btunner Col. (ordi) 0 5 0 Electric Products . 0 15 0 10 0 Hellaby's (5 p.c. pf.) 0 19 0 110 Ditto 5% p.c. pf.) Henderson-Pollard, — 12 0 31/5/39 . 85 0 0 Ditto (shares) . John Fuller, '49, S 1 /-, 0-s>5 6 — 58 0 0 — Kaingaroa Forests 0 3 0 — Majestic Theatre Bldg. (Auck.) — 70 0 0 Modern Shoes 0 4 1 — National Tobacco . 1 15 0 — National? Trading . — 0 11 0 N.Z. Woolpack .. — 0 3 6 Nikau Bacon (p:t.) — 13 0 Photomatic ... 0 3 0 Rotary Multicolouir — 0 3 9 Selfridges (Aust.) . —- 0 8 6 Ditto (N.Z.) 0 5 0 Smith-Wylie 0 6 6 — Silknit 0 5 0 0 10 0 Southern Cross As. — 0 3 0 Southern Cross Iivr. 0 4 a S. Westland Estates — 0 12 6 Turnbull-Jones (pf.) — 10 0 Vacu Holdings „. — 0 12 6 Waikato Carbon., 1/4/41 93 0 0 — Wprtn. Publishing . — 4 15 0 Whakatane Paper Mills (ord.) „. 0 3 0 0 4 0 Ditto (pref.) . 0 0 6 O S 0 Wilton Collieries (1934) shares .. — 0 15 0 Winstone 0 10 0 0 19 0 Woolworths Prop. . 1 G 0 — Woolworths (W.A.) 4 0 0 4 9 0

Buyers Sellers £ s d £ 8 d Bifr River ; . — 0 1 0 Blacl>;water 0 13 G 0 — Clutba 0 o 0 2 5 Con. Goldfields . . — 0 11 0 Gillespie's Beach . 0 0 6 o 1 0 Golden Dawn ; . — 0 2 0 GoldiSelds Dredg. . — O 0 0 3Va Grey Kiver o 17 0 — o Komata Reefs 0 6 0 8 12 Martha 0 11 9 0 9 Mataki Gold Dredir. 0 0 4 0 1 0 Mataki Junction . *0 0 G 0 3 0 N.Z. Crown Minijs 0 o 0 Waihi Invest. 0 7 10 0 8 3 Waihi Grand June. 0 3 0 0 3 9 Australia and FiJIl — Broken Hill Souih 1 5 9 1 7 3 Emporor 0 0 0 0 10 5 6 0 Gold Mines of Ana. 6 Loloraa 1 1 — Mount Kasi 0 4 2 — 0 Mount Lyell 1 G 9 1 7 Mt. Morgan (ord.j 0 11 2 0 11 4 Ditto (pref.) 1 1 0 — 0 North Broken Hill 2 5 (i 2 7 Placer Development 3 14 0 4 0 0 Rawans 0 7 2 0 7 G 0 Sulphide Corp. Tritoin 0 — 9 0 8 f) •— 0 Wellington Alluvials 3 — 0 5 Zinc Corp. * 10 0 — Vict Gold Dredir1 15 0