STOCK EXCHANGES

Press, Volume LXX, Issue 21255, 29 August 1934, Page 13

STOCK EXCHANGES

CHRISTCHURCH YESTERDAY'S TRANSACTIONS Markets continued active on call yesterday, and prices of several stocks showed improvement. Transactions, exclusive of vestibule business, were:— Sales on 'Change

4 p.c. "B" perpetual Debentures ..100 0 0 Bonds and Bank Shares New Zealand Government 4 per cent. Stock, clue 1946, changed hands at £lO7 ss; that due 1949 at £lO9 10s, and the 1955 at £llO 12s 6d; market closing firm for each. Commercial Bank of Australia were fractionally firmer at 15s lOd, closing quotations Id on either side. Bank of Australasia were firmer on buyers' offers Jill 9s. Buyers of Commercial Bank of Sydney moved up to £l7 ss, and buyers of Bank of New South Wales to £3l 12s 6d. National Bank of New Zealand were firmer on buyers' offers 735. Miscellaneous New Zealand Insurance rose lo 62s (id and late offers of G2s failed to attract sellers. South British Insurance had business at 83s 6d. Goldsbrough,. Morts rose sharply to 31s and 30s lid, market closing 30s 9d buyers, 31s sellers. N.Z. Refrigerating fully paid remained unaltered with sellers and business at 13s (id, buyers at 18s 4d. Gear Meats were stronger on buyers' oilers 25s Cd, sellers at 2Gs 6d. Kaiapoi Woollens 7s paid moved up to 4s Bd, closing quotations 4s 5d buyers, 4s lOd sellers. New Zealand Breweries were easier with sellers at 47a lOd. Australian Glass advanced to 51s. and more were wanted at 50s 9d. Australian Iron and Steel preference were firmer with buyers and dealings at 2d Broken Hill Proprietary had dealings at 4U.s 3d, 48s lid, and 48s 9d, closing quotations 48s 8d buyers, 4fis lid sellers. A late sale of Dominion Fertilisers on Monday was reported at 19s lOd, and buyers' to-day offered 19s 9d, sellers at 20s. Dunlop Rubbers relapsed to 19s 6d, market closing Id either way. Electrolytic Zinc cum dividend were firmer with business in the ordinary at 27s 6d, and m the preference at 35s 3d. Buyers of Howard Smiths raised their bids to 15s 3d sellers at 15s 9d. Wilson's Cements were firm at 30s Id, and there were further buyers at 30s, sellers at 30s 3d. Quill, Morris (in recovered to 3s Gd, sellers staying in at that figure, buyers at 3s sd. Mining' Bell Hoopers were firm at 54d. Golden Point were firm with buyers and business at 2{d, sellers at 3d. Goldfields Dredging were steady with buvers and dealings at Is 2d, sellers at Is 2',d. King Solomons cum dividend moved up to 4s 3d, market closing id on either side. Mount Lyells were firm with dealings at 20s 3d and 20s 2d and further buyers at the lower price, sellers at 20s 4d. Okaritos remained unaltered at Bs. Waihi Grand Junction were firmer with buyers and dealings at 4s 3d, sellers at 4s 3id. Moonlight Nelson Creek were firmer on buyers' offers. Is 6Jd. Unlisted Stocks A parrel of Pyne, Gould, Guinness 4 per cent. "B" Perpetual Debentures changed hands at par. Woolworths 'Sydnevt ordinary had dealings at 68s 9d. 08s'3d, and 08s 6d, closing quotations OCs buyers, 08s 6d sellers. LATEST QUOTATIONS Buyer.-. Sellers. ,C s. d. £ s. d. N.Z. Government Dcbentnrci

MELBOURNE

(CONTINUED ON PAGE 16)

£ 5. d. £300 N.Z. Govt. 4 p.c. Ins., 1955 110 12 6 100 Comm. Bank of Ausl. 0 15 10 50 N.Z. Insurance 3 2 6 50 South British Insur. 4 3 6 300 GoJdsbrough, Mort (2) 1 11 0 1 10 11 250 N.Z. Refrig. (£1 pd.1 0 18 6 200 Aust. Iron and Steel (pref.) O 1 3 2 100 Aust. Glass 2 11 0 100 Dunlop Rubber 0 19 6 100 Electro. Zinc (ord.. cum div.) 1 7 G 150 Electro. Zinc (prel.. cum div.) 1 15 3 150 Wilson's Cement; 1 10 1 400 Quill, Morris (in liquidation) <2) 0 3 6 1500 Bell Hooper Us pd.> (2) 0 0 5* 500 Golden Point 0 0 2': 5000 Goldfields Dredg. (.^ 0 1 2~ 200 Kint{ Solomon (cum div.) <2> 0 4 3 290 Mount Lycl! 1 0 3 '21 1 0 2 50 Okanto 0 c 0 1125 Waihi Grnnd. June. (U> 0 4 3 Sales Reported >:500 N.Z. Govt. 4 p.c. Ins., 1946 107 5 0 £500 N.Z. Govt. 4 p.c. Ins., 1949 109 10 0 280 Kaiapoi Woollens (7s paid) 0 4 8 350 Broken Hill Prop. .. 2 9 3 J) 8 9 9 100 Dominion Fertiliser Hate sale Monday) .. 0 19 10 1500 Goldfields Dredging <2) 0 1 2 UNLISTED STOCKS Sales on 'Change Wool worths < Sydney. 1 <ord.> i2> 3 <i 3 Sales Reported 150 Woolworths (Sydney i < ord.) .'{ }; !) (4) ti a 6 £300 Pyne, Gould Guinness

6h p.c. Ins.. 193U-43, "and 1938-52 .. 108 10 0 3£ p.c. Ins.. 1939-43 103 12 6 109 7 6 3.', p.c. Ins.. 1939-52 108 15 0 4'px'. Ins., 1940 .. 108 0 0 108 5 0 4 p.c. Ins.. 1940 ..107 0 0 107 7 0 1 p.c. Ins.. 1949 .. 109 10 0 110 0 0 4 p.c. Ins., 1955 .. 110 12 6 110 15 0 4 p.c. Bonds. 1940 108 0 0 108 7 6 1 p.c. Bonds. 1946 107 0 0 4 p.c. Bonds, 1949 109 10 0 4 p.c. Bonds. 1958 110 12 6 Other Debentures Booth. Macdonald, 0.1 p.c, 1937 70 5 0 71 5 0 Glaxo, Gi p.c, 1945 .96 0 0 Gisbornc Sheep.. €■■• p.c, 1941 .. 99 10 0 Golden Point £5 4 J 5 0 Banks Adelaide . . 5 X' 6 Australasia (cum div.) .. 11 D 0 11 15 0 Com. of Aust. .. 0 15 9 0 15 11 Com. of Aust. (pf.j 9 12 G

Buyers. Sellers. £ *. d. £ s. d. Com. o£ Sydney .. 17 5 0 17 9 0 Nat. of A/asia f£5 paid) 6 3 6 6 7 0 Natl, of N.Z. 3 13 0 3 14 6 New South Wales (cum div.) 31 12 6 32 15 0 New Zealand 2 7 4 2 7 7 New Zealand ("D' ] mort. shares) .. 1 14 0 — Reserve ., 6 9 0 6 9 6 Union of Aust. .. 9 10 0 9 16 0 Insurance A.P.A. 0 10 ') 0 10 6 National 0 19 s 0 19 11 New Zealand 3 2 0 — South Africa 4 3 0 4 3 6 Standard (cum div.) 3 6 0 — United _. 10 15 0 Loan and Agency Dalgety and Co. .. 8 18 6 8 2 0 Goldsbrough, Mort 1 10 9 fll 0 Mutual Benefit .. 10 10 0 — N.Z. Guar. Corpr.. 0 4 6 0 4 7 Pitt, Son, and Badgery __ 2 2 6 Permanent Invest. 8 5 0 9 10 0 United Bulla. Soc. 1 1 4 119 Wright, Stephenson and Co. (ord.) 0 18 3 Frozen Meat Canterbury (pref.) 5 10 0 ._. Gear 1 5 6 16 6 N.Z. Refrig. (£1 paid) 0 18 4 0 18 6 N.Z. Refrig. (10s paid) 0 8 9 0 9 1 North Canterbury Freezing 0 17 6 1 5 0 Woollens Kaiapoi 07s paid) 0 13 & ... Kaiapoi (7s paid) 0 4 5 0 4 10 Kaiapoi (pref.) ,. 1 0 3 1 1 6 Mosgiel 10 10 0 — Coal Kaitangata 1 0 0 _-. Westport 0 18 0 — Stockton (ord.) .„ — 0 3 6 Stockton (pref.) .. 0 4 3 0 4 11 Gas Christchurah 1 12 3 1 13 0 Chch. (10s paid) 0 15 2 0 15 7 Timaru J 2 0 — Gisborne 0 15 6 Breweries Monteith's 0 12 0 0 15 6 New Zealand 2 7 5 2 7 10 Staple? I 12 6 Timaru (7/6 paid~> ._. 0 7 5 Tooths 2 -13 3 5 0 Miscellaneous Amalg. Wireless (COl)tl'.) 1 8 6 Anthony Hordern 0 14 3 0 14 10 Aust. Distillery .. — 14 0 Aust. Glass 2 10 9 2 12 0 Aust Iron and Steel (pref.) .. .1 3 2 13 4 Beath and Co. .. .— 1 12 9 Beath and Co. (Is paid) ._.. 0 9 6 Berlei 1 8 0 •— British Tobacco .. 1 17 2 1 17 4 Broken Hill Pty. 2 8 8 2 8 11 Colonial Sugar .. 65 10 0 66 10 0 D.I.C. (10s paid) .. 0 15 3 — D.I.C. (pref.) 1 4 6 16 0 Dominion Builders' Supplies 0 3 7 0 3 11 Dominion Fertiliser 0 19 9 10 0 Dunlop Rubber .. 0 19 5 0 19 7 Electro. Zinc (ord., cum div.) 1 7 6 1 7 9 Electro. Zinc (pref., (cum div.) 1 15 i) 1 15 5 Hotel Sydney — 0 10 6 Henry Jones -— 1 11 9 Howard Smith .. 0 15 o 0 15 9 Lustre Hosiery .. 1 3 0 1 4 G Mason, Struthers (10s pd., cum div.) 0 7 0 — New Colosseum .. 1 10 0 N.Z. Farmers' Coop. (1st pref.) .. 2 0 0 — N.Z. Farmers' Coop. (4A p.c. stock. 1940 and 1945) 83 0 0 -~ N.Z. Farmers' Coop. HI p.c. stock, 1939) 83 10 0 ■■ — N.Z. Newspapers 1 11 3 1 12 6 Northern R. Mill. 1 15 0 Whitcombe & Tombs 3 15 0 — Wilson's Cement .. 1 10 0 1 10 3 Woolworths (N.Z.), (ord.) 7 11 6 , 8 10 0 Woolworths (N.Z.) (pref.) 1 19 6 — Woolworths (Syd.). (2nd pref.) 1 5 0 1 10 0 Willcox. Mofflin .. 0 12 9 0 13 3 Quill, Morris (in liquidation) 0 3 5 0 3 6 Sun Newspapers .. 0 3 11 0 4 0 Taupo Totara Tim. 0 6 " 0 0 9 0 Mining Alexander 0 18 6 0 19 6 Alexander (13/6 paid) 0 14 11 0 15 3 Aotearoa 0 0 ' 4 — Bell Hill 0 1 6 0 2 6 Bell Hooper (Is paid) 0 0 5k 0 0 5g Bell Kilgour 0 0 3* 0 0 5 Eendigo Goldlighls (Is paid) ■— 0 0 114 Big River 0 0 6 0 0 10 Blackwater 1 10 0 1 13 6 Brian Boru 0 1 5 0 1 54 Deep Lead 0 1 9 0 2 2 Charleston 0 0 94 0 0 114 Consolidated — 10 0 Gillespie's Beach (cum div.) 0 1 11 0 2 0 Glenroy 0 1" 1* 0 12 Golconda (lOd pd.) — 0 0 9 Golden Dawn .. — 0 2 0 Golden Point .. 0 0 24 0 0 3 Goldfields Dredging 0 1 2 0 1 24 Golden Sands .. 0 2 h 0 2 9k Hatter's Flat — 0 0 6 King Solomon (cum div.) 0 4 24 0 4 34 Kildare 0 1 114 — Kuala Kampar .. — 0 17 0 Lawson's Flat .. 0 0 4 0 0 5 Maerewhenua — 0 0 6 Mahakipawa 0 0 10 0 0 104 Mahakipawa (pf.) 1929 issue 0 1 3 0 15 Mahakipawa (pf.) 1930 issue 0 1 2 0 1 34 Min. House Con. (9d paid) 0 0 3 0 0 4 Mount L.Yell 1 0 2 10 4 Moonlight Nelson Creek — 0 0 44 Nevis Diesel Elec. 0 0 4* 0 0 5 New Cornish Pt. (7d paid) 0 0 <> 0 0 5 Nokoniai 0 3 6 0 3 34 Okarito 0 8 0 0 8 3 Oxenbridge Shotover (Is paid) 0 12 Paddy's Point .. 0 2 5 Rawang Tin (cum div.) 0 9 i 0 9 3 Upper Shotover (9d paid) 0 0 9 0 1 6 Waihi 1 12 0 1 13 0 Waihi Grand June. 0 4 3 0 4 34 Waitahu 0 4 7 0 4 11 Wetherstones — 0 16 Worksop Extended 0 1 6| 0 1 8 Stafford Sluicing 0 1 2 0 15 Mossy Creek 0 1 64 0 1 74 Skippers 0 0 64 0 0 74 Peninsula Tin (15s paid) 1 0 1 7 0 6 UNLISTED STOCKS All transactions in stocks ; quoted in this section are subject to a different rate of brokerage from Listed Stocks, and are not quoted on the official list. Buyers. Sellers. £ s. d. £ s. d. Andersons, Ltd. (pref.) 0 16 0 Argo Gold Dredg. (3d paid) 0 0 3 0 0 4 Ben Ledi (Is pd.) 0 1 0 0 1 14 Claude Leon Lts. 2 13 0 2 19 3 Dom. Life (6s pd.) 0 3 6 0 4 0 Hay's. Ltd. (15s paid) 0 15 0 Golden Gully (6d paid) 0 0 6 Jones Nevis 0 0 7 0 0 84 Maori Gully (9d paid) 0 0 104 0 0 11 Mining Research (Is paid) 0 0 9 0 1 44 N.Z. Dry Cell and Battery 0 12 6 1 0 0 N.Z. Mining Invest. 0 0 10 — N.Z. Perpetual Forests — 2 10 0 N.Z. Woolpacks 0 11 0 0 14 6 Opitonui Develop. 0 16 0 1 10 0 Procera Bread (10s paid) ..... 0 IS 6 Regent Pictures (Christehurch) —» • 9 ft

Buyers. Sellers 1 £ s. d. £ s. d. i Shand and Co., J. 0 15 0 : Simplex Milling — ■ 3 0 0 1 Smith, Wylie .. OS fi 0 10 3 i Snowy River 0 0 1 0 0 If ' Vigilant Fire Alarm 0 1 6 ; Woolworths (Vic.) (pref.) 1 7 0" Woolworths (Syd.) ord. .. 3 8 0 3 8 6 AUCKLAND Sales on 'Change \ 1 Bonds, 1955, 4 per cent. .. 110 Id" cl. 0 : Stock, 1938-52, 31 per cent. 108 17 (i 109 0 0 Stock. 1949, 4 per cent. .. 109 15 0 U Stock, 1955, 4 per cent. (2) 110 15 0 i Bank of Australasia 31 8 G Com. Bank of Aust. 0 15 10 ! ' New Zealand Insurance .. 3 2 3 ; South British Insurance .. 4 2 9 1 1 Goldsbrough, Mort 1 10 0 i c Consolidated Brick 0 9 71 * Wilson's Cement '2'> 1 10 0 ! t Broken Hill Propty. CH 2 8 11 ! J Golconda Holdings <2^ 0 1 V'J 11 Goldfields Dredging >3> 0 1 2 , Mahakipawa 0 0 10i i Mataki 0 2 2>i !< Unlisted Stock ! i Woolworths (Sydney), ord. 3 8 9 \ '■ ; i WELLINGTON ■ « Sales on 'Change *i Ins. Stock. 4 p.c. '15)10 . 108 "6 Com. Bank of Ausl. 0 15 13 i 1 Bank of New Zealand 2 7 0 t Reserve Bank (i 30 0 1 Union Bank 9 10 0 Abraham and Williams <p!'.» 4 12 9 1 Sun Newspapers (2) 0 4 0 , Taranaki Oil (late Mon.) .. 0 2 Goldfields Dredg. (late " i I Mon.) 0 1 2i ! Mossy Creek (late Mon.) 4 1 6 > ] | Unlisted Stocks Woolworths (Syd.). (late. i . Monday^ 3 <) o !'" DINED1N Sale on 'Change : 1 D.I.C. i pref. > 1 5 d o 1' Sales Reported ; i Bell Hooper 1) 0 °a i r Goldfields 0 1 1* r Skippers 0 0 n I Bank of N.Z. 2 7 6 5 Woolworths (Sydney 3 R SYDNEY g is Responding to the upward trend of £ wool values, the investment market £ on the Sydney Stock Exchang' e yes- * terday, showed considerable stren gib * and activity. A healthy tone prevailed 1 £ for pastoral issues and also for prin-1 £ cipal trading and manufacturing in- * terests. Banking shares attracted more | "- attention, but Commonwealth Bondsl were irregular. 1 Morning Sales £ a. cL | Commonwealth Bonds-— 31, per cent., 1948 102 0 0 I 4 per cent., 1911 106 5 0 4 per cent.. 1950 106 10 0 National Bank" (£5 pd.) ,. 6 4 0 Bank of New South Wales 31 17 G Union Bank 9 15 0 Tooth's Brewery 2 5 f> 1 Anthony Hordern 0 14 6 Broken Hill Propy. 2 9 0 Dunlop Perdriau 0 39 7J. Wilcox Mofflin 0 13 0 I Afternoon Sales c c Bank of New South, Wales 31 37 6 I Comm. Bank of Sydnev .. 17 7 0 C Natl. Bank (£5 paid) 6 4 0 I Union Bank 9 15 0 I Colonial Sugar 06 10 0 Associated Newspapers 1 3 n Beriei 1 11 3

JL" s. d. British Tobacco 1 17 fi Tooth's Brewery 2 i) 0 Toohey's Brewery 17 1* Australian. Glass 2 12 9 Australian Glass iN.Z. dcljvery> 2 12 9 Wilcox Moffiin (1 13 4. Dunlop Perdriau I) 19 H Dunlop Perdriau ipref. < 1 .15 0 Soldsbrough, IVIort I 11 0 Vlorris Hedstrom ... 0 .1(5 3 Electrolytic Zinc ... 1 8 :? Farmers 1 0 o Anthony Hordcrn .. 0 14 (i Standard Cement .. 0 19 0 Henry Jones .„ 1 11 10is Mount Morgan .. 3 7 0 Broken Hill Propy. .. 2 9 0 North Broken Hill .. 4 lit 3 Bulolo Gold .. 9 1 0 Bulolo Deposits .. 0 1 1 ECuala Kampar 0 16 10k Ftawang Tin 0 9 .1 Placer Development. .. 28 18 0 Sura"tha Gold 0 9 (5 Commonwealth Bonds;. 4 p.c1938 .. 104 0 0 1941 .. 100 0 0 1944 .. 107 11 :s 3947 .. 108 15 0 1950 .. 106 17 6 1953 „. 107 15 0 1955 ,. 107 .17 « 1957 .. 108 15 0 3959 ., 108 15 0 1901 . . 108 15 0

il i-. d. Australian Glass 2 11 6 Comm. Bank of Australia .. 0 16 0 Commercial Bank of Syd. .. j 7 r> I) Huddart Parker 1 13 9 Gordon and Gotch 2 4 :< Herald and Weekly Times 2 12 » Bank of Australasia 11 8 0