SHARE MARKET

Press, Volume LXIX, Issue 21034, 9 December 1933, Page 12

SHARE MARKET

WEEKLY REVIEW During the last week markets on the whole were quieter and in nearly all sections there was a falling off in thfi recorded volume of business. Prices moved irregularly but generally closed at or above opening rates. Gold Mining stocks continued to attract a lot ©f attention. The following is a comparison of the daily recorded volume of business on the local market for the last fortnight:— This Last week. week. £ £ Saturday .. 2,042 1,865 Monday .. 4,339 3,162 Tuesday .. 1.890 6,080 Wednesday .. 3,284 3,283 Thursday .. 2.632 4.167 Friday .. 3.154 3,241 £17,391 £21,798 An analysis of this week's total results as follows: — £ Debentures .. 2250 Banks • • 3097 Pastoral .. 782 Refrigerating .. 653 Breweries .. 3867 Mount Lyells .. 227 Mines - • 1490 The number of shares that changed tiands in each section was: Banks, £189; Insurance, 400; Loan and JAgency, 539; Frozen Meat, 950; (Woollens, 200; Coal, 500; Gas, 225; Breweries, 2200; Miscellaneous, 4650; ]Gold Mining, 29,590. In addition [£2250 debentures changed hands. The jnost active stocks were: Commercial Bank of Australia, 965; Goldsbrough, Mort, 500; N.Z. Refrigerating, 950; jNew Zealand Breweries, 1950; DoJtninion Fertiliser, 2100; Dunlop Rubfctr, 700. Government Loans. Recorded dealings as usual were Jnostly in the 4 per cents. 31 per cent, stock, 1938-52 £lOl ss; 1939-52, £lOl 15s. 4 per cent, inscribed, 1940, £lO2 to ■ £lO2 10s; 1946, £lO2, £lOl 15s, and £lOl 17s 6d; 1949, £IOO 15s, £lOl, and £IOO 12s 6d; 1955. £lO2 and £lO2 ss. 4 per cent, bonds, 1940, £lO2 ss; 1946, £lO2. Franklin County per cent, debenjtu res due 1954 changed hands at £99 20s; Auckland Harbour 5} per cent. 3948 and 5£ per cent. 1962 at £lO3 10s; 'Auckland City 5 per cent. 1946 at £102; Christchurch Drainage 5i per cent. 1963 at £lO2 10s; Mount Albert Borough 51 per cent. 1963 at £94; Wright, Stephenson 5 per cent, perpetual £BS; Napier Borough 5iJ per cent. 1945 and Napier Harbour 5} per cent. 1964 at ,'£9s. Banks. Commercial of Australia recovered from 16s lOd to 17s 2d, and closed with local buyers at 17s sd; the preference •were firmer at £8 17s 6d. English, Scottish, and Australian ex dividend •were firm at £5 12s 6d. National of Australasia £lO paid were easier at £l3 6s 6d. New South Wales ex dividend ranged from £32 7s 6d to £32 2s 6d. New Zealand cum dividend recovered from 47s lOd to. 48s 3d; the D mortgage were steady at 32s 9d. Union Banks changed hands at £9 15s, £9 16s, and £9 15s 6d. Insurance and Loan and Agency. National Insurance were fractionally firmer at 19s Id and 19s 2d. New Zealand scored a rise of Is at 57s 3d; Queensland rose 2s to 61s; South British eased from 76s 6d to 765. Goldsbrough, Morts advanced from 31s 2d to 31s 9d, and closed firmer with local buyers at 32s 4d. National Mortgage A were firmer ati 61s, and more are wanted at 635. Frozen Meat, Woollens, Coal, and Gas. Gear Meat remained unaltered at 335. New Zealand Refrigerating £1 paid were firmer at prices ranging from 20s 3d to 19s lid; the 10s paid •were fractionally weaker at 9s 9d, and more are available at 9s Bd. Kaiapoi Woollens preference eased from 16s 9d to 16s 3d. Stockton Coal preference moved up to 2s 9d. Auckland Gas were firmer with dealings in the fully paid at 23s 9d, and in the partly paid at 17s 3d and 17s 6d. Christchurch advanced to 28s 3d. Wellington were firm at 345. Breweries. Carlton were firmer at 42s 9d. New Zealand cum dividend relapsed to 37s Id and 375, and ex dividend had business at 36s 6d, with further buyers at 36s 4d. Timaru (7s 6d paid) remained unaltered at 4s lid, and late buyers are offering ss. Tooths are easier . with local sellers at 42s 3d—last week's business was at 42s 6d. Miscellaneous. Amongst the miscellaneous stocks, Anthony Hordern ordinary were fractionally firmer at 13s 4d and 13s 6d. Amalgamated Wireless (contributing) remained at 21s. Beath and Company receded to 295. Broken Hill Proprietary moved up to 39s 6d, 39s 9d, and 40s. British Tobaccos cum dividend were steady at 375. Colonial Sugars advanced from £6O 17s 6d to £6l 15s. Dominion Fertilisers were active at prices ranging from 16s 7Jd to 18s 3d. Dunlop Rubbers recovered from 19s 2d to 19s 7d. Dominion Builders' Supplies realised 2s 9d, and Moturoa Oil 3s. Farmers' Co-op. Auctioneering A preference were firm at 20s 6d. Henry Jones declined to 33s 3d and 335. Leylan-1 O'Brien Timber remained unaltered at 20s. Mount Lyells recovered to 22s 6d, 22s 7Jd, and 22s 7d. New Zealand Drugs moved up to 73s 6d. Union Oil, Soap, and Candle were firmer at 275. Woolworths (New Zealand) ordinary had dealings at £5 ss, £5 7s 6d, and £5 8s 6d, the preference were steady at 35s 9d. Wilsons Cements eased to 265. Gold Mining. The local turnover of 29,590 shares was made up as follows:—Maerewhenua 1500, Alexander (15s 6d paid) 50, Aotearoa (cum div.) 1340, Bell Hoopel" (Is paid) 500, Bell Hooper (9d paid) 5000, Bell Kilgour 4300, Big River 200, Charleston Slucing 600, Central Shotover 500, Freshford 4750, Gillespie's Beach 2000, Golden Point 4500, Golden Sands 100, Nevis Diesel Electric 2000, New Cornish Point 900, Nokomai 900, Okarito 200, Waihi 50, Waitahu 100, Welherstones 100. Alexander Mines (13s 6d paid), dropped to 16s. Aotearoa recovered to Is 4Jd, Is 3Jd, and Is 4d; Freshford remained at 2d. Big Rivers were firm at Is; Central Shotover (9d paid) were a shade easier at lOd; Bell Hoopers (9d paid) firmed from lOd to lljd, and the Is paid to Is Id; Golden Point were dealt in at 3d and 3Jd; Bell Kilgours weakened from Is 2d to lljd; Charleston Sluicing had dealings at Is 5d and Is 6d; Talisman Dubbo remained unaltered at ss; Golden Sands were fractionally weaker at 3s. Maerewhenua, Is paid, changed hands at IOJd and lOd. Nevis Diesel Electric were fairly steady at Is OJd and Is; Gillespie's Beach were slightlv easier at Is lOd, Is 9Jd, and Is lOid; King Solomon were firm at 3s 1-Jd and 3s Id, and New Cornish Point (6d paid) at 7d; Nokomais declined from , j an d Okaritos from 10s Id to 9s lOd; Komata Reefs were firm at 4s 8d; Waihis were firmer at ■ 26s 9d to 26s lid; Grand Junctions | showed little variation at 4s 4d and ! '4s 3d; Waitahus weakened to 5s 4d I end! 5s 3d, and Wetherstoneß to 3s sd. I . ■ " '

YESTERDAY'S TRANSACTIONS

There was a moderate turnover on call yesterday and prices generally were well maintained. Transactions, exclusive of vestibule business, were: Sales on 'Change. £SO 4 P '- C - 102 10 0 £4o ° lifc'r.. C ms' 4 P ". • 101 17 6 £2OO N.Z. Govt., 4 p.c. Inscr., 194.0 • • 100 £450 N.Z. Govt., 4 p.c. Inscr., 1953 .. • 102 0 0 300 N.Z. Refrig. (£1 pd.) q n 100 New Zealand Breweries •• 1 16 6 500 Dominion Fertiliser (5) U 100 200 Dunlop Rubber (2) 019 7 100 Henry Jones Co-op. 113 0 1300 Bell Hooper (9d pd.) 0 0 11^ 1000 Bell Kilsour (2) 0 0 114 200 Charleston Sluicing 0 16 800 Nevis Diesel Electric (3) .0 1 OA 400 Nokomai .. • • 0 2 7 0 2 6A Sales Reported. 100 Dominion Fertiliser 018 3 New Zealand Government 4 per cent, stock due 1940 changed hands at £lO2 10s, that due 1946 at £lOl 17s 6d, the 19*19 at £IOO 12s 6d, and that due 1955 at £lO2, markets closing firm. Commercial Bank of Australia were firmer with buyers at 17s sd, sellers at 17s 6d. Buyers of Goldsbrough, Morts raised their bids to 32s 4d, sellers at 32s Bd. Buyers of National Mortgage "A" moved up to 635, sellers at 68s. New Zealand Refrigerating fullypaid were fractionally weaker at 19s lid, buyers staying in at that price, sellers at 20s Id. Canterbury Frozen Meat (cum dividend) were firmer on buyers' offers £lO 15s. New Zealand Breweries realised 36s 6d and more were wanted at 36s 4d. Miscellaneous. British Tobaccos (cum dividend) were firmer on buyers' offers 37s 3d. Dominion Fertilisers changed hands at 18s 3d, buyers staying in at that price, sellers at 18s 4d. Dunlop Rubbers advanced to dealings at 19s 7d, sellers staying in at that price, buyers at 19s 6d. Henry Jones were easier at 335. Bell Hoopers (9d paid) recovered to lid and Hid, buyers staying in at the higher price, sellers at Is. Bell Kilgours were a shade easier at lljd, market closing ll£d buyers, Is sellers. Charleston Sluicing were firm at Is 6d and late buyers offered Is Bd, sellers at Is lOd. Nevis Diesel Electric were a shade easier with dealings at Is OJd. Nokomai s weakened to 2s 7d and 2s 6Jd and more were offered at 2s 6d. Sellers of Waitahu reduced their limits to ss. Unlisted Stocks. Goldfields Dredging (Is paid) were firmer at Bd, market closing Id on either side. Skippers (6d paid) remained unaltered with buyers and dealings at lid, sellers at 2d. Glenroy Gold. (6d paid) were steady with buyers and business at 6d, sellers at 6id.