STOCK EXCHANGES

Press, Volume LXX, Issue 21289, 8 October 1934, Page 13

STOCK EXCHANGES

i i CHRISTCHUIiCH i J SATURDAY'S TKANSACTIONS ; j There was a moderate turnover 0:1 call on Saturday morning, and price levels generally were well maintained. Transactions exclusive of vestibule business were:— Sales on 'Change .!- S. tt. 300 Cum. Bank of Ami. <3> .. 0 H> .'-' i IRQ Goldsbrough. Mori. .. i 1U '; ! 200 Anthony Hordern (2) 010 0 j -00 Broken Hill Prom v. (2) 2 13 0 <2> 2 12 11 ; 1">0 Consolidated Erich Oil 0 j 200 Electro. Zinc (ord.> j (2. 1 V li I 200 Brian Boru . 0 1 ili j 1000 Goldlields Dredsing U 0 ll" , r >oo Mahakipawa 0 0 11 400 Mount Lyell H> 019 0 I Sales Reported | 300 Goklsbrough Mori... 110 7 UNLISTED STOCKS Sales on 'Change | 1000 Golden Gul.lv (Is I paid) . . II 0 IK. : 0 0 11 General Commercial Bank of Australia, were 1 firm at I(ss 2d, tellers .staying jn at that price, buyers at lGs Id. i Goldsbrough, Moris were steady with ' buyers and dealings at 30s 7d, seller.at 30s 9d. Anthony llorderns advanced to 10s. sellers staying m at ' that price, buyers at 33s lOd. British ; Tobaccos were firmer on buvers' oiler.-, i 30s 4d. Broken Hill Proprietary had j dealings at 53s and 52s lid, and more ; were ottered at f)3s, buyers at. 52s 9ei i Consolidated Brick remained unaltered j at lis. Electrolytic Zinc ordinary) were tinner with buvers and dealing i at 27s (id. sellers at 27s ild. j

Brian Bonis were a shade sponger ; with buyers and business at 1s 3.'.d. i sellers at Is 4rl. Goldficlds Dredgin;: j were firm at lid. market, closm;: Ad | on either side. Mahakipawas remained I unaltered at lid, closing quotations Ac! (either way. Mount Lye lls were irartionally weaker with .sellers and dealings at 19s. buyers at 18s lid. j Unlisted Stocks ' Golden (Jully Us paid) showed an 'easin.c; tendency with dealint;.; at 11'.d I and lid, and further sellers at the Slower price, buyers at 10<1. | LATEST QUOTATIONS Buyers. Sellers. .'.: s. d. X. f. d. I N.Z. Govt. Debentures 31 p.c. Ins., 1938-52 and 1939-52 . . 109 0 (I 4 p.e. Ins.. 1!M 0 . 4 p.c. Ins., l.'Mii. and Bonds. 101(1 "00 Li U 4 p.c. Ins., 19-10, and ' Bonds, 1049 ..11100 ' 4 p.e. Ins., 1955 .. 112 17 (i 113 5 0 ; |4 p.e. Bonds, 1955 113 0 0 j I ' Hanks Com. of Alt;-!. . 0 l!j 1 (I 10 :>. ; Com. of Am;, ipl'.i o 17 0 10 0 <; ' Com. of Sydnev .. in 6 17 17 ii i Natl. of A'atia < tlO paid) . . 12 UJ 0 13 2 (1 Kail. of A.'asm (.)..'..") paid) (11(1 ('. 7 f, National of N.Z. - 3 l.'i 0 ' New South Wales 32 5 0 32 10 (l '• New Zealand 2 i! (I ! N.Z. fD" r.mrtshares; 1 1 1 G 111!!; Queensland Natl. - - ■". 7 0 j Reserve . . (i 0 (i (i 10 I) Union of Aust. . . 95 0 -■- J Insurance j A.P.A. 011 4 (111 !) j Mercantile Mutual I 3 (I -■ ! Nat iiina I 1 0 (I Standard 3 ii 0 Loan and Agency Dalpetv ;j, K I Co. . . 0 5 3 !) ;: 0 j Goldsbrou;;h, Mori 110 7 1 10 0 j N.Z. Guar. Corpit. ' (cum div.i 0 5 3 0 .'"> 4 ! N.Z. Lean and Merc. lord, stk.) -13 0 0 .71 0 0 j Permanent Invest. 0 .7 0 -• I United Blclg. Soc. - • 1 1 6 i

Shipping Huddart, Parker (pref.) 1 10 6 Union (pref.) 17 0 Frozen Meat N.Z. rtcfriV. iK I paid i 0 1!) 4 0 19 6 N.Z. Rcfriy. HUs paid* x . . 0 9 5 ! North Canterbury ; Freezing 0 17 1 1 Southland .'i 16 0 Woollens ; Kaiapo; i r/s pd.) 013 ;> Kaiapoi (7s pd.l 0 4 2 U 4 6 Kaiapoi 'pref.) 019 !) 1 0 !) ' Mos\del 10 15 0 Coal ' West port - (I (!) ,'i Stockton (pref.) . 0 4 9 0 5 0 Gas Christchurch 1 13 9 Ch.Ch. (10s pd.) 016 3 017 0 Timaru .. 12 0 I Breweries j Carlton 28 0 •- '■ iMonteiths .. ■- 0:14 61 I New Zealand . . 2 9 .'5 2 9 6 j | Timaru <7s> 6d od.) ■ 0 610 0 7 1 ' I Tooths .. 2 711 2 0 0, ' Miscellaneous j I Anthony llordern 015 10 016 0 |Aust. Glass .. jAust. iron and j ! Steel (pref.) 13 2 1 3 9 : ■ Beath and Co. i 'cum div.i . . 1 13 I) 114 0 i I Beath and Co. (10s i paid, cum div.) 010 1 010 i> : i British Tobacco . . 1 I!) 4 119 7 j ! Broken Hill Prop. 212 9 213 0 Burns, philp .. :>. 15 :■; • - i Consolidated Brick 010 11 011 0 : D.I.C. (pref.) 17 1 1 7 6'■ Domiu. Fertiliser 10 0 Dunlop Rubber .. 019 3 019 7' Electro. Zinc ; lord.i 17 6 I 7 9 I Greater Crvsta! i Palace . . I) 18 3 Hume Pipe <Aust.' 0 12 6 Mason, Strut hers < .CI paid* . . (I 12 (i 016 0 Mason. Slruthers ; (10s paid) 0 5 0 National Electric 0 8 0 < New Colosseum . . ••- 17 91 N.Z. Drug Co. . . 318 0 N.Z. Farmers' Co- '.

oil. '"B" prof.) )' ;> t) N.Z. Farmers' Coop. '-4.'. p.c. Stock. 1910 i .. o7 U 0 HO 0 0 N.Z. Fanners' Coop. <4.'. p.c. Stk.. inti!) i ;;:j o o N.Z. Fanners- Coop, i I.'. p.c. Stk., 1045) .. 8(i 0 0 oil 0 0 N.Z. Paper Mills 1 12 9 1 13 !i Northern Roller Millin;.; icuni divj I Ji 0 Quill, Morris (in .. 0 2 7 0 ,'i 0 San Newspapers 0 -i 10 0 3 li Whitcombe and Tombs (cum div.) .. 3 19 0 Woohvorths (N.Z.), ord. .. 7 15 0 Woohvorths (Sydney), 2nd pf. .. 15 0 Mining: Addison's Flat . 0 2 G. Alexander n i;j i; Alexander 'l-'i i«id; .„ 0 14 « 0 15 2

; I Buyers. Sellers. ' £ s. d. £ s. d. j Bell Hooper .. 0 0 4 {Bell Kilgour .. 0 0 2; 0 0 3J i Bendigo Gcldi lights 0 0 11.'. 0 1 0 i Big River i Blackwatcr . . --- 1 13 5 i Brian Boru 0 1 3'. 0 1 4 j Consolidated . - 0 18 11 I Deep Lead .. 0 I 8J i Euratha . . 0 10 3 0 U 0 1 1 Gillespie's Beach 0 13 0 110 ilGlcnrov ■— 0 1 1 I Golcon'da GOd ' ! paid) ■ - 0 0 aj Point —• 0 0 3 iGokl'ields Drccig. 0 0 10i 0 Oil, 1 ■• Kiidnre ".'. 0 111 0 2 0" King Solomon . . 0 3 7-', 0 3 «J , : J,av,-.:on's Flat . . 0 0 2A 0 0 3 . Mnerewhenua .. 0 0 3.', 0 0 4A i Mahakipawa 0 0 10A 0 0 11A 1 AJahakioawa inf. i ■ 1929 issue . 0 13 . Mnhskioawa 'pt.' ! 1030 issue 0 ! 2A 0 1 -1 i Min. House Con. ' <9d paid.' . •- 0 0 4 : Moonlight 'Nelson ! Creek . . 0 0 2 0 0 3 I Mossy Ci-cv): 0 17 0 110 (Mount Lycll .. 018 11 019 0 j Mount Morgan ■ <cum div.i 1 12 9 1 !3 6 i.'.lurrav Creek . . 0 2 0 0 12 0 , Nevis Diesel Elec 0 0 4 0 0 4', New Cornish P!. 1 <!) d paid! - 0 0 7 : Nokumai 0 2 1 0 3 11 : North Broken Hill 5 0 0 jOkarilo 0 3 « 0 9 0 I Oxcnbridgc ShotI over ..' - 0 011 I Skippers 0 0 G'. 0 0 7 I Stafford Sluic'ng -- 0 12 , Talisman Dubbo --- 012 0 I Waihi iciim div.i. . 1 14 6 (Worksop Extend. 0 2 0 0 22 | I UNLISTED STOCKS i All i lansaciions in stocks quoted in I this section are subject to a different irate of brokerage; Jrom listed stocks. j and are not quoted on the oflicial list, j ! Buvers. Sellers. ! ! £ s. el. £ s. d. \ i Andersons. I.'d. | ] pi'., (cum bonus) 017 1 1 0 0 I j Aisociatcel Motor- j I isls (pref.) 113 13 0 | An:u Gold (■l.'.rl ! paid. 0 0 5 0 0 fi Ben Ledi (Is pd.i -- 0 1 0 Golden Cully Us paid) 0 010 0 011 Golden Valley (2s paid) . . 0 3 3 Mount Marshall 0 7' fj 0 ti G Leonora Gold (2s • paid) ■ - 0 a 0 Mining Research 0 13 N.Z Mining Jn-

Proeeni Bread (10s paid; .. - 0 13 0 IL. Beece, Lid. ! ipi'd) .. 0 2 6 : ne;:ci)t Theatre ' Bid;;;-. (Ch.Ch.i •- (J JO 0 ) Wore's Investment Trust 0 5 1 Woohvorths (Victoria; prcf cum div. I 7 3 1 cJ 0 ! WooP.vorlhs (Syd- | iic.v), ord. . . 3 l(i Ii 317 0 j AUCKLAND Sales on 'Change: £ s. d. Amal. Brick lAuck.), 1944, 7j per cent. . . . . 105 0 0 N.Z. "insurance 3 9 (j Standard Ins. (2; 3 9 3 Renown Collieries .. 0 4 0 Consolidated Brick . . OHO Waihi .. 1 15 0 Waihi .luneliun .. 0 4 2 Skippers ..007 Inofficial List W'unj wort lis iSvd.i lord.) 3 13 0 ! WELLINGTON I Sales on 'Change ' £ s. d. Govt. Bonds, 4 p.c, 1946 109 0 0 Govt. Bonds, 4 p.e., 1949 HI 0 0 Bank of N.Z. . . 2 8 il 2 8 9 Bank or N.Z. Ii prcf. . . 1 14 3 1 14 8 I.'e.-erve Lank U 9 0 i All late Friday.) Hank of N.S.W. . . 32 7 6' Com. Bank of Aus 1 . 0 16 3 Huddaii. Parker ipref.) 19 0 British Tobacco <L»te Friday.) .. 1 10 2 1 10 r, Bc.nlhs 'B pel.), lute Friday 010 3J, National Electric 0 3 2 nUNEIMN Sale on 'Change £ s. d. Bcndigo Goldlights .. 0 0 111 Side neporlcd Bel! Kih'.our 0 0 3', SVDMSY On the Sydney Stock Exchange on Saturday, sales were:— ,i; .v. d. Common wealth Bonds—--1055 . . HI 10 0 1057 .. 11l 12 6 10!J! . . 11l 0 0 LToinm. Bank of Australia i prcf.) .. .. 9 18 0 "omm. Ban!; of Sydney 17 18 0 J.'oohey's Brewery .. 19 3 Anthony Hordcrn . 016 41 Newspapers 14 9" Associated Newspapers (prcf.) .. .. 15 0 British Tobacco .. 19 3 3imlop-Pcrdriau . . 019 7.'. iVilcox, Molllin , . 010 8" i

WAR LOAN STOCK J (rsiiiji! orri:L;.L \ii*s;.iwj.; j RUGBY, October 5. ; British 3j per cent. "War Loan stock j is quoted ;;s follow 'a:1 K s. d. October 5 . 105 7 6 I October 8 .. 105 7 6 1 October 2 . , 105 10 0 October 1 105 It 8 September 27 . . .105 II 3 September 26 ..' 105 12 0 LONDON STOCK EXCHANGE ir.iii il.-a ul'r:<.;,\i. (Tieccived October 7. 7.15 p.m.) RUGBY. October 5. Stock markets are inactive. German bonds are better.

BRITISH TREASURY BILLS

I (ijmr:su otriciAL v.leehss.) (.Received October 7, 7.15 p.m.) I RUGBY, October 5. ! The total amount applied for in tenders for £35.000,000 in Treasury Bills was, £65,250.000. The amount allotted m bills at three months was £31.510.000, the average rate per cent, being Ids 9.702 d as compared with 14s 2.38 d Inst week. FOREIGN EXCHANGES (BKITISU OFFICIAL WIKEUfSS.) RUGBY, October 5. ''•■"■■ Oct. 4. Oct. 5. run-, it. to .11 124.21 7 1 T-:i2 74 7-32 New York, do!, to -fi -1.366 4 026 4 9'"'i Montreal. Jul. to SI -t.Siji; 1. = 1 4SI Brussels, heljjus toi'l ':■:> 20.t'G 20.D6 Geneva, fr. to i't 25.2216 li J 1.09 Amilerd:i:n, il. J to i'l 12.107 7.22?. 7.213 Milan, lire I't XI fi2,lti 57i 57 1-16

Berlin, r.'k'h. darken H> i'l . . -0.13 12.17 12.17 Stockholm, fcr. to All 18.109 19.39} 19.39 J Copenhagen kr. toi'l 18.159 12.-ID 22.10 Oslo, kr lu i'l IS.IOO K'.OOi 19.907, Vienna, eeligs. to i'l 31.585 261 253 I'rague, l;r to i'l 104.25 1173-16 117 3-16 fjel.-ingfors, marks toil 193.23 2261 22GJ Madrid, petetastoil 25.2215 35 13-16 35 13-16 Liibon. cscurios to i'l 310 1104 110J Athens, drach to £1 675 512 512 Bucharest, lid to il 815.6 490 IPO

Belgrade, dinars 25.2215 21.4 21.1 Kio de Janeiro, pence to milreis . . 4.592 4j 41 Buenos Aires, pence to dol. -15.577 36J 30g Montevideo pence to dol. 51 39? 39J Borabav. pence to rupee 13 IS 1-10 18 1-16 Sliaiijrlini. pence to dol. 17A 17i lion- Kohr. pence lu dol. 19-1 l'J'i Viikolinin:'., pence it, dol. 21.57 113-52 1-13-32 Warsaw par zlotys toi'l 13.36 25.87 Batavia, guilders 12.107 7.20 7.10 * Determined by price of (silver.

I NEW ZEALAND CURRENCY ! BASIS The Bank of New South Wales, Christcliurch quoted the following rates on Saturday for purcliaici and tales of foreign exchange:— Buying. Selling. Franc--r'nin.T to .'. I X.Z. T.T. C 0.2.3 r,?.S>a O.D. 60.58 59.03 .Noumea Francs tu i'l X.Z. T.T. 61.23 58.23 O.D. 61.03 55.28 Papeete— Francs to il X.Z. T.T. C 1.23 58.23 O.D. 61.63 58.28 Belgium ilelsas to i'l X.Z. T.T. 17.210 10.519 0.1.1. 17.319 10.034 Germany— Keichmarks to i'l X.Z. T.T. 0.0. Italy— Liro to £1 X.Z. T.T. O.D. Switzerland— Francs to £1 X.Z. T.T. 12.206 11.866 O.D. 12.341 11.876 Holland Florins to il X.Z. T.T. 5.933 5.683 O.D. 5.983 5.057 Jawi---Florins to .fl X.Z. T.T. 5.887 5.062 O.D. 5.937 5.666 Japan— N.Z. penro to yen T.T. O.D. -- Shursrhal— X'.Z. pence to del. T.T. 21 1-16 22§ O.D. 20 15-16 22 5-16 India and Ceylon X.Z. pence to nip. T.T. 22 9-32 22g O.D. 22 5-32 22 9-16 Hone- Konj— X.Z. pence to dol. T.T. 23 21-32 24 23-32 O.D. 23 17-32 24 21-33 Einffapora—X.Z. peuco to dol. T.T. SI 7-16 358 O.D. 34 5-16 35 5-16 T.T. represents telegraphic transfer. O.D. represents on domand transactions. Tba nbove rates aro subject to alteration without notice.

! METALS MARKET i I (earns a tress association— pst elbctiuc ' TKLEGEAFII—COFViUGHT.) i ! LONDON', October 3. Quotations: — Oct. ■(. Oct-. 5. £ s. d. £ s. d. siandard, spot -'.'. 1 :"• 0 2.', 16 101 Forward . . 2tj u ii 20 y 7>\ Klcctroluic . . -8 10 (I 2S 10 0 tr> . . 20 10 0 20 10 0 Wire liar? . . 20 10 0 20 10 0 American electrolytic: a cent a per lb. Spot . . 10 0 0 10 :< P Forward .. 10 C u 10 8 V "'spot . . 11 IS 0 1117 0 Forward .. 12 0 0 12 2 6 'spot .. 230 2 6 230 7 G Forward • ■ 226 12 C 22S 11 3 '"']■•!»!■. p-r o/.. . . 22M 2'jjd Standard, per oz. 2-li'l 2t9-1«d Sept. 20. Oct. a. I'.'s iron - Jinni,:. trade . . " 7 S ''.. 7 6 I'.'.\port 'J 2 (J J 2 <> Antimon; Uriti.'.h . . -1110 0 4-t 30 0 Korean . . u3 7 6 51 15 0 (a unit') (a ur.it i Molylnlrniic . . IMG 1116 Wolfram . . 2 0 G 2 a 0