STOCKS AND SHARES

New Zealand Herald, Volume LXXV, Issue 22960, 11 February 1938, Page 7

STOCKS AND SHARES

THE AUCKLAND EXCHANGE , f downward trend-continues Although tho number of transactions increased considerably on tho Auckland Stock Exchange yesterday, following tho dull period on the previous day, there was no sign of recovery, investment values continued their downward movement, losses far outnumbering gains. Further evidenco of the cautious attitude of investors was furnished by the fact that the gilt-edged section was practically the only one to present a strong trout. Banks wore slightly steadier, and improvement took place in Commercials of Australia. English, Scottish and Australians, however, were marked down. Leading insurances wero inclined to weaken, and South British lost somo ground. More interest was shown in gas issues, In breweries, New Zealands failed to maintain tho recent slight recovery, and levels were depressed. Metals were a shade stronger on overseas reports, Broken Hill Proprietary changing hands twice at an advance. Other Australian industrials were dull. A feature of tho Dominion issues was a sharp .decline in M. K. Millinery in the first transfer since early in December.' Tho steady declino in Woolworths (Sydney) continued.

CLOSING QUOTATIONS

jK' BRITISH WAR LOAN . Ki ; , Wireless ' RUGBY, Fob. 9 War loan, .'?} per cent, is quotcfl at £:>; £lO3 7s Of 1, compared with £10«'l 2s 6*l yesterday. NEW YORK CALL MONEY NEW YORK, Feb. 9 Call money is still quoted at 1 per Pent.

Buyers Sellers £ 3 (1 £ s (1 \ BANKS Australasia Com. of Australia . 10 5 0 lt> 0 11 10 15 • 0 17 0 1 Ditto (pref.) -. t» 13 (i 9 10 0 National of N.Z. . Nat. A'asia (paid) 2 11 0 2 15 () 14 7 H (i 14 12 0 Ditto (con.) 7 1 — 6 New South Wales 32 0 0 32 7 New Zealand . . 2 2 0 2 3 a D Mort. (20s paid) — 1 10 3 , Union ot Australia — 9 7 G INSURANCE National .. 0 10 0 0 17 0 £, New Zealand 3 0 0 3 1 6 Queensland 2 14 0 2 10 0 South British 2 0 0 2 7 0 LOAN AND AGENCY Abraham & Williams 0 (ord.) ... — 4 5 Aust. Foundation 0 6 Trust — 3 Doni. I. A B. Ascn. — 1 0 0 Farmers Co-op. Auct. ' 3 17 6 (£5 paid) — 0 Ditto (i'i paid) — 1 12 Ditto U'l paid) — I) 15 ,0 Ditto (A' pref.) 1 2 0 1 3 3 Ditto (B pref.) 1 1 0 1 2 0 Goldsbrough-Mort . — 1 11 9 Newton King (ord.) — 0 1 4 N.Z. Guar.' Corp. — 0 4 8 Nth. Ack. Farmers' 0 17 6 Co-op. (A pref.) — Ditto (B pref.) Traders' Finance 0 io 0 0 11 8 0 (con.) ... 0 4 4 0 4 ' ► Wright-Stephenson 6 (pref.) .. 1 0 — , - COAL j; Grey Valley — 0 13 0 Pukenrro — 0 10 0 Renown (pref.) .. 0 2 4 0 2 8 Taupiri 0 16 0 — Westport . .. 1 «> 0 1 3 9 WestportiStockton 0 3 2 0 3 8 Ditto (pref.) .. 0 5 0 — '■! ■ ' GAS ' Auckland (paid) 1 0 4 1 0 0 Birkenhead (7. pf.. '~K i tx div.) () 11 0 — SHIPPING Devonport Steam 1 0 0 — Northern Steam i (paid) , — 0 4 7 3 TDitto (con.) O 1 Union Steam (pref.) 1 0 0 1 7 3 TIMBER Leyland-O'Brien — 0 19 0 : is?'... National , — 0 9 0 tS" Rotoiti — 0 4 0 Taupo Totara — 0 0 « Ditto (pref.) .. — 0 19 0 WOOL AND TEXTILE Kaiapoi (paid) 0 11 u 0 13 0 3REWERIES v Dominion 1 17 0 1 17 9 Tsew Zealand 2 5 9 a 0 1 Tooth's — a 15 0 Tui .. — a 1a 0 ' MISCELLANEOUS Aust. Gypsum 1 I y 1 a 0 Entrican-Sims (pf.) 0 13 0 0 17 0 Aust. Iron and - 3 Steel (pref*) .. 1 7 1 7 8 British Tobacco .. 2 0 6 a 10 0 Broken Hill Pty. . 3 1 0 3 2 0 Ditto (cori.) 1 12 9 1 13 3 Burns, Philp .. — 6 2 16 0 Bycroft, Limited . 2 2 —* 0 Claude Neon (N.Z.) — 0 1 7 Colonial Sugar .. 46 5 40 12 0 Consolidated Brick 0 7 2 * — 3 Dom. Fertiliser .. Dunlop-Perdrian . — 1 4 2 0 6 1 3 4 0 0 0 Electro. Zinc 2 8 >" ' Ditto (pref.) .. 2 0 6 210 Farmers' Trading . 0 10 0 1 0 Ditto (U pref.) 1 1 9 1 3 0 Ditto (new issue) — 0 8 0 Booth-Macdonald 0 0 3 1 0 4 0 0 3 (pref.) General Industries 0 1 G. J. Coles 3 10 6 3 0 3 Grey and Menzies 0 13 6 0 15 2 9 Henry Jones Hill and Pluramer a s 0 0 18 0 0 18 3 15 9 n Lewis Eady (pref.) — McKenfcies — u Milne and Choyce (deb. stock) .. U.K. Millinery .. 0 14 0 10 3 3 0 15 0 11 0 11 0 0 0 0 0 0 0 3 Morts Dock . —* New Auck. Laundry N.Z. Drug 3 7 6 X 1 3 9 0 19 2 0 0 9 1 1 N.Z, Fertiliser .. ~~ 6 N.Z. Newspapers . 1 18 N.Z. Refrig. (con.) y 0 9 N.R. Milling' .. —A X JL 1 O Ditto (pref.) .. 1 1 0 JL Palmer, Collins & 0 "Whitaker 1 8 —- Peters Ice (N.Z.) . Radio (1930) 1 13 0 1 "1 0 . ' J. A Reid (N.Z.) Rubber * & Mills Banford .. • • Ditto (pref.) .. Sharland • • 1 5 0 16 0 9 0 5 0 15 0 19 0 5 1 8 0 18 0 0 0 10 0 Oil 0 5 0 1 Union Soap Wilsons Cement • 0 18 0 9 A iWoolworths (N.Z.) 0 10 0 1 0 1 10 1 4 u 0 0 " Ditto (pref.) .. - Ditto (Syd.) - 1 18 1 4 0 2 Ditto (Sydney, 2nd pref.) .. 1 9 1 9 0 0 5 — Ditto (Vict., pf.) — 0 W. R. Carpenter . •2 7 2 7 OVERSEAS LISTINGS Woolworths Holdings is 0 14 8 (S. Africa) 0 14 N.Z. GOVT. LOANS • Bonds— 0 15/7/39-41, 3 .. 1)7 5 * 15/1/53-57. 3J4 . 07 10 0 15/11/38-41, 3/4 100 0 0 — 15/2/43-40, 4 .. 103 10 0 10-4 5 n , 15/4/46-40, 4 .. • 15/0/52-55, 4 .. 3 Stock— -- > 15/7/30-41, 3 .. — u L03 15 0 07 5 0 98 0 0 15/1/53-57,'3% . 07 7 0 15/11/38-41, 3% 100 0 0 c 15/2/43-48. 4 .. 103 10 0 — 15/4/40-40, 4 .. — 104 5 0 15/0/52-55, 4... 103 1 5 15/0/41-43, 3 l A . 101 5 0 0 mmm Nov., 38-52, .V/ a 102 10 0 ; May, 30-52, 3 1 /, 102 5 0 1 ' DEBENTURES folatra Bay H.B., 101 0 0 io/D/40 — Ditto. 1 o/?»/01 — 107 0 0 fCill.y of Auck.. 102 0 0 mmfr'iin/4-i . .10010 0 ■ Ditto, 1/1/14-55 _ 103 10 0 V. -A'' Ditto 1/1/07 .. — 103 10 0 Wiilkato Cnty. Cel., 105 10 mm£ 3H/3/52 — 0 Ami. Bck. (Wgton.), 04 0 ft, , 31/3/44. 6 Auckland Gas, — 0 100 0 0 ; . Glsborno Sheep., — 0 ' 31/8/41. 0% .. 102 10 0 iWillmsn. Picture, 100 0 ' "■> 1 6/0/33-40, 7'/ a .. — 0