STOCK EXCHANGES

Press, Volume LXXI, Issue 21465, 6 May 1935, Page 13

STOCK EXCHANGES

! CHRISTCHURCH i . | SATURDAY'S TRANSACTIONS j There was a moderate turnover on call on Saturday morning, and prices lof some stocks dealt in showed imj provement. Transactions, exclusive of vestibule business, were: — ' Sales on 'Change

j Sales Reported i ; 100 Manawatu Knitting j Mills date sale May

j UNLISTED STOCKS ; i Sales on 'Chanse '

Miscellaneous ; Commercial Bank of Australia were j 1 firmer on buyers' offers IBs. ! Goldsbrough Moris showed recovery i ; with buyers and business at 30s 3d, sellers at 30s (id. Sellers of Dalgely land Company, cum dividend, reduced ! their limits to .Cii 6s Gd. New ZeaJ Jand Refrigerating 10s paid moved up la point to 0s Id. and there were furI flier buyers at that price, sellers at Ds I 2d. ! New Zealand Breweries advanced to j ; 55s 3d. and etosed firmer with buyers ( at 55s 4d, sellers at 55s Gd. i j Broken Hill Proprietary, cum dividend, changed hands at 53s 3d. market I closing 3d on either side. Buyers of Burns. Philps raised their bids 1o tils Cd without attracting sellers. A late sale of Manawatu Knitting Mills on i May 3 was reported at 375. and buyers on Saturday offered 3(is 9d, sellers at 37s lid. New Zealand Drug Company ! shares had business at 70s !)d. Sun : j Newspapers were firm, with buyers I and dealings at ss. sellers at 5s 2d. . i Mining' i Golden Dawns were'firmer on buyI ers' offers of 2s G'l. Mahakipawa were steady with buyers and business at ! 3d, sellers at ij ; ',d. Mount Lyells were j fractionally firmer with buyers and ] dealings at 20s Id. sellers at 20s 3d. | Waihi, cum dividend, changed hands ; at 43s and '!3s 2d. and there were fur- ! flier buvers at the higher price, sellers ;at -13s Gd. ; Unlisted Stocks \ Woolworths 'Sydney) ordinary had; | business at 39s 6d, elosing quotations 2d! on either side. ■ I i LATEST QUOTATIONS |

DIVIDENDS DUE j ijank d< hi id c - —ti na ] hnJMear j ;it \ |m I ]* rriit. |tor annum .. May 3 j Xea ja hd ia Sna p and Candle Co. j < 'hri>t <• lii;reli —'•'> per eent. per | annum .. .. . . May U | Sharland and <.'o. —interim of L'A iht eent. on all fO wires .. May 10 M Woollen—interim -1 per. c»j]\. . . . . May K) broken Hill Proprietary—halfyearly, Is a share .. .. Alny 15 National Insuram-i — interim, -Id a j .'•hare' . . . . . . May 15 I and Co.—interim of j )><•)• ci'iitin* 5 per cent. per annum . . . . . . Alay 17 Dental and Aledh'al Supply Co.— final '2l per cent. p--r annum .. Alay 7 7 Uyerot'ts—final, Is Id ■;i share, makin? /<» per cent. por annum Alay Waihi Company—final, 20 per cent, making 4 0 per eent. per annum, also K.) per rent, interim for next year . . . . . . Alay J 7 I Hope and Twine—final. 1- :!d a share . . . . May 'JO linn!: of New S<uith Wales—quarterly. at rate of 5 pel- eent. iK-r annum . . . . May I' 9 Farmer.*,' Trading: Co.. A tick I a ml—mm! on A ami H p reference shares at 7 per eoit. per annum May N*ew Zealand Taper Mill*—linal at rate of 7 per cent, per annum AJay ol Heni-y .Tones Co-op.— interim, (>d a share . . . . . . June 1 Smith and Smith. Duiiedin—prof., 1 v a share . . . . Jnne 1 dominion j-Yrt i liters— t per cent. !>")• annum . . . . June (5 Hani; of X.Z. final. per cerf. .. June I.' National limit; o« Australasia- - animal a/ the rale of per eent. j j>< r annum . . . , j ~

WAR LOAN STOCK (BIUTISII OFFICIAL WIItELESS.) RUGBY, May 3. British War Loan Stock, 3£ per cent., is quoted:— £ s. d. May 3 . . 106 1 3 May 1 .. 105 12 6* April 29 .. 105 15 0 ,;; April 26 .. 109 11 3 April 16 .. 107 7 6 April 12 .. 106 16 3 April 8 .. 107 0 0 "Ex-div. BRITISH TREASURY BILL (BKITISH omcut WIfiELESS.) (Received May 5, 7.5 p.m.) RUGBY, May 4. The total amount applied l'or in tenders fcr £35,000,000 in Treasury Bills was £86,555,000, The maximum amount was allotted in bills at three months. The average rate per cent, was 10s l.Old. as compared with 10s 1.85 d a week ago.

100 Goklsbroucjh Mi 100 N.Z RefriK. OOs 150 N.Z. Breweries 00 Broken Hill -Ply. rt . . pd.) <3> (cum A. S. 1 10 0 !■) 2 15 CI. 1 3 div.) 500 Sun Newspapers 350 Mount Lyoll 250 Wailii <cum div. i :i) (4i 2 V.i 0 5 1 0 2 3 2 3 3 0 1 0 o

3) 1 n .0 ')(){) Mall 100 N.Z. akipawa Dm" Co. 0 0 19 ii 9

i n() Wool worths (Sydney). I : ord. 4 9 G [

N.Z. Government Debentures i < Buyer ; s. d s. Seller; £ s. ( 1 1 ;;', u.c. Irs.. l933-a2 'and 1939-52 107 0 0 - - :;" p.c. in:,.. l ( Ml .. 102 17 (i ■I p.c. III::.. 1943-40 107 0 0 107 10 u •: p.c. Bonds 1937-40 10! 0 0 — ■; p.c. Bonds. 194340 107 0 0 4 p.<\ Bends, 1952i 55 . . HI 15 0 — Other Debenture 'S ! : North Canty, lies. ' 4A p.c. J :j. 5-J ioe o 0 : Jiunks 1 Au.-.li'.'il i.vi-i ! Comm. of Au t. ! (1 It 0 Hi G 0 11 5 0 10 0 JGomm. of Aust. 1 (pref. > 9 10 0 9 Hi 0 | Comm. of Sydney 17 0 0 17 5 0 i Nat 1. r; l A asia [ > ,;;]() paid, cum div.i 12 3 0 jNatl. of A a.sia Lt.i paid, cum div.. li 1 G (! 4 '<) Natl, of N. - ''.. 3 G 3 3 9 (J New South Wales | (cum div.) Nov- Zealand (cum div.i. 30*17 2 10 ti ' 7 (j i; 31 0 2 11 G 13 'J • I (j ' Reserve 1 Union ol Au. 1. . insur :.; n mice 0 3 14 9 A. P. A. 1 1 3 — j National <c u in j div.) j Standard 1 l 2 11 4 10 1 1 9 I Loan aiul Agency i Dak:ety . i:d Co. ', (cum div • t; o 0 3 G G ! Gold-broi :;i\\. Mori ! Nat.it.nal Mm t. "A" 1 10 :; 1 10 3 0 0 j United nidi:. Sec. i i (J 1 2 0 ! N.Z. Guarantee ! Corp. 0 5 5 0 5 .3 Frozen Meat M.Z. He-frig < £ 1 - paid * 0 19 9 — N.Z. Refrig. < JO.s paich 0 9 i 0 9 2 ; Southland :•; 10 G Woollens Kaiapoi i 17 s paid* 1 Kaiapoi < 7s paid) 0 14 0 5 0 0 15 ' ; 1 Kaiapoi (pref.) . . 0 17 9 1 0 H | Coal Westport .1 1 0 -- ! Stockton <ord.) . . 0 2 0 ' Stockton 'pref.) . 0 5 0 Gj Christchurch 1 15 G _ Gli.Cb. (10:. paicli 0 17 9 ' 0 13 fi Timaru 1 2 0 , Breweries Monteiths 0 14 G I New Zealand 2 15 4 2 15 0 Staples 1 13 0 1 13 fl | Tooths 2 11 9 2 12 3 Miscellaneous 1 Anlhonv Ilordcrn 0 17 (i 0 13 2 1 Aust. Glass 2 19 0 3 1 3 I Aust. Iron and Steel j (pref.) 1 2 3 1 2 11 1 Beath and Co. . . 1 9 0 1 10 9 i British Tobacco . . 1 18 9 1 19 0 i Broken Hill Propiy. | (cum div. > 2 13 o 1 0 2 13 C Burns. Philp . . Colonial Sugar .. 42 0 () 0 42 10 'J ! Dun lop Rubber ., 0 17 2 0 17 3 j Electro Zinc 1 4 1 5 r) ! Electro Z i n c i pref.) 1 14 2 , _._. Dominion F e r I . (cum div.) 1 2 4 1 2 7 Howard Smith 0 11 0 - — ', Hume Pipe < Autt.i 0 12 (I 0 Hi f] Kauri Timber 0 19 1 0 19 ') : Mana'.vatu Knitting Mills 1 !6 9 1 17 C ' N.Z. Fanners' Co- : op. 1 1st pref.) . . 2 10 0 1 N.Z. Farmc rs' Coop. (A prol. / N.Z. Farmers' Co1 0 0 op. <B prci.) ; N.Z. Fanners' Co1 1 .) (J op. i-). T , p c. Stock. i 1942) 32 10 0 N.Z. Farmers' Coop. (■!.'. p.c. Stuck. . 1945) 31 0 11 33 0 u ■ N.Z. Newspapers 1 14 0 1 18 0 ; Quid. Morris (in Iit|u;dation) o :>. (i 0 5 0 ; Sim Newspapers 0 5 0 0 5 2 i Victoria Nyanza ! Sugar 0 5 0 j Wilson's Cement 1 14 G I Woohvorlhs (N.Z.). '; ord. 11 0 0 11 3 0 1 Wooluerths (N.Z.). [ r.svif I p i e i. ' Woolworths (Syd- *"■ c j Jieyt, 2nd pref. 1 0 0 ._ Mining; Alexander — 0 13 6 Alexander <ius" paid) ..... 0 15 6 ' Bendigo Goldli v ghts 0 0 11 0 0 lfjj

Buyers. Sellers. | .£ s. d. £ s. d. Big River 0 2 4 0 2 5 Blackwater 1 10 6 1. 12 0 Brian Bom 0 0 3i 0 0 4 Central Shotover — 0 0 3 Deep Lead — 0 2 01 Gillespie's Beach 0 1 3 0 1 6 Golden Dawn .. 0 2 (i 0 2 9 Golden Point 0 0 1 0 0 H Golden Sands .. 0 2 3 0 2 8 Goldfields Drcdy. 0 0 4:; 0 0 5{ King Solomon .. 0 4 3 0 4 5 Lnwson's Flat . . 0 0 4.'. 0 0 5£ Maerewhenua 0 0 2 0 0 2| Vlahakipawa 0 0 o 0 0 8i Mahakipawa (pi.), 1929 issn'j Maori Gully 0 1 5 0 0 1 1 h Mossy Creek 0 2 4 0 2 3 Mount Lyell 1 0 1 1 0 3 Mount Morgan .. 1 17 G 1 18 3 Nevis Diesel Elcc. 0 0 1 0 0 1.'. Rawang Tin 0 7 1 0 7 6 Skippers 0 0 2 0 0 21 Upper Shotover (lOd paid) —- 0 0 9 Stafford Sluicing — 0 0 10 Waihi (cum div.) •) 3 2 2 3 3 Grand Junction — 0 4 11 Workson Extend. 0 2 G 0 2 9

UNLISTED STOCKS All transactions in stocks quoted m lliis section arc subjec t to a dill'erent rale of brokerage from listed stocks and are not quoted in the official list. £' s. d. £ s. d. Andersons. Ltd. <prei'.. cx div.-) 0 17 (i 1 0 6 Ben Ledi 0 0 5 0 0 .7 Ai'k'o Cold 0 1 4'. 0 1 5L> Coulls, Sorncrville. 15 0 and Wilkic .. 0 .Jones Nevis 0 0 — N.Z. Min. Inve:4. 0 1 0 N.Z. Perpetual 0 Forests 2 5 — New River <7!d paid) -- 0 0 7-'. 0 Smith Wylie - 0 9 Snowy River 0 0 1 0 0 2 Upper Watut (2s paid) 0 ■1 9 0 5 C White's Electric '(id paid) 0 0 4J 0 0 5 Woolworihs <Syd., ord.i A <) -1 4 9 8

AUCKLAND Sales on 'Change .C s. d. Bank N.Z. ■ . 2 10 G Auckland Harbour Bel., 1940, 4.1 p.c. . . 102 10 0 Corn. Bank o£ Aust. .. 0 15 11 N.Z. Insurance . ■ 3 11 0 Northern Steam '3s Cd pd.) 0 1 2 0 I 3 Kauri Timber . . 0 19 7 Claude Neon (Sydney) . 2 8 3 Wilson's Cement <2) 1 15 3 Mataki . . . . 0 1 fi Waihi .. 2 3 ti Maori Gully .. 0 1. 7 TJnoflieial List Auckland Trotting Club, 1939-44, Ci p.c. . . 100 0 0 WELLINGTON Sales on 'Change f Union Bank . . 8 22 r> Dalgcty and Company . . 8 3 0 N.Z. Refrigerating (coat.) 0 9 0 (late Friday) Union Steam (pref.) . . 1 7 6 Hate Friday) British Tobacco (2> I 19 0 Broken Hill Pty. <2) 2 13 G Dunlop Perdriau 'late Friday) .. 0 17 4 Bcath ana Co. . . 1 10 6 1 10 3 Big River date Friday) .. 0 2 G DUNEDIN Sales Reported K s. d. Bank of New South Wales 31 0 0 Bruce Woollen, ord. (late Friday) . . 0 13 6 New Zealand Drugs .. 4 0 0 New Zealand Breweries (2) 2 15 0 Auckland Transport debs.. I'M-;6 . . 105 10 0 , Unlisted Stock National Tobacco 'late Fri.> 8 0 SYDNEY Sales on the Sydney Stock Exchange were;-- <• s. d. Commonwealth Bonds :;i p.c., 1918 .. ..100 7 G 4 p.c., 1938 . . . , 103 17 6 4 p.c., 1950 . . .. 106 10 0 4 p.c., 1959 .. . . 105 17 C 4 p.c., 19C1 . . 105 7 (i Com. Bank of Sydney . . 17 7 0 National Bank '£5 pd.» . . (5 4 0 Bank of New South Wales 31 2 0 Tooth's Brewery ... 2 13 3 Anthony Hordern . . 0 18 G Associated Newspapers . . 1 3 3 Australian Glass . . 3 0 3 Colonial Sugar . . . . 42 10 0 Dunlops .. 0 17 6 Lustre Hosiery .. ., 1 7 3 Winchcombe Carson . . 1 8 0

FOREIGN EXCHANGES (BRiusa orriciAi* WIXKLCSS.) Kt'GBY, Jlav a. l J aris, ir. to Tar. May 2. May 3. .tn. 1U4/JI 23-64 73 23-G1 Nc\r York, (lol. lo £1 4.i8GG 4.8 5 i 4.84 Montreal, do!. to 4.8GC 4.851 4.851 Brussels. hollas to 28.59 28.39 Geneva, £r. t<r XL 23.2U J r> 1 4.9ti J 4.935 Amsterdam, il. to LI. i 3.1 07 7.J01 7.1 G Milan, lire t» JL-3 9:3.-17 58 HI.3'J 58 ll-Ki Berlin, reiehiiKirketJ to JU.4:; I2.UI J 2.02 Stockholm, kr. to i'l is.150 19.395 19.39i Copenhagen, kr. 1oi'X is.i5y 22.395 22.335 Oslo, kr. to i:t 18.150 I'J.'JOi 1 '.1.90 5 Vienna, schjrs. to XI :M.r,85 ■J 5 5 Prague, kr. to L1 104.-2:. •11:>; ! 15; Ilclsiiljrfol'S, murks to .t:j I* - (i i 2205 Madrid, Vie^tfiS to .iU 7 11; .".5 7-10 Lisbon, cscudos to X'l 110 1 10 3 10 Athens, draoh to .i.J S~5 5<i7 5 H7 Bucharest. ]>•) to 1] HI s.li •i 7 7 i 4 80 Belgrade. dinars •J <">. - -1 21.:: •J 1 .3 Kio do Janeiro, JXMK'O tO 4i niiheih . . 1 5 Btimos Ain'.> JMMK'C 1 o dob 57 3i>i .Mnntovidcit. ]K'iKi: to (iol. "17 4 II i 4 <1 a Bombay. pr-nre to rup. 1 !< 1 •! i 11: Shanghai. penc<* i<> dol. ' > i 20 u-l!i Flon tc Kon^. :o. to yen 29 l;M(j KMC Yokohama, )trl)vo to ;.*P7> * 1 1 5-02 14 5-32 Catavi.'i. J - . 1 " 7 7.14J 7.1 13 Warsaw. p:i7zloty- to ji'l. 'J.) *30 —■ ; Determined by prico of silver.

— EOKEJGN EXCHANGE RATES Tire linhk of Nel Sou lb Wales (:hri.-t-on iSalnnlay quoted the following rates o£ eve.liange for its jiin-i-lase a id .sales of foreign exchange:— liny in;;. Selling. London — £ -N.Z. to X1 <J0 Ms. T.T. 1-i t 124/10 O.D. 12a/10 12-1/7/0 Australia— £ A. to £100 N.Z. T.T. 101 100/10 O.D. 101 joo/io Fiji— £ F. to £InO S.X. T.T. 90/V' 8!) O.D. 00/7/0 SO New York— l)o). to il S.Z. T.T. :uu i :S.S7A O.D. a. 02:; :;,8 8 Montreal u Doi. to .*-) S.'/j. T.T. a.02} 3.^8'} O.D. ■j.yy;; a.8i>i Francs to .CI X.Z. T.T. 50.58 58.28 O.D. 50.88 5tf.au Noumea — Francs to .11 X.Z. T.T. 00.5:1 .-,7.5:1 O.D. 00.0 a 57.58 I.'a IJCt'lCr — l-Vancs to il X.Z. T.T. ('.0.5:; 57.53 O.D. (j u.ti a 57.5 6 Belgium— Ublgac lo A1 ,\".Z. T.T. __ 22.000 O.D. — 22.075 Germany— lvc-iclimuruK in £ X.Z. T.T. 0.44,9 O.D. — •J. 151 Itab- - Dire lo J j .\'.Z. T.T. 4G.53 O.D. — ■10.57 it zerlain? — Francs to il X.Z. T.T. 12.220 11.830 O.D. l'j.yu 11.840 Holland— Florins to £1 X.Z. T.T. 5.888 5.0 O.D. 5.928 5.042 Java-— l'lorins to £1 S.'/C. T.T. 5.851) ri.oai O.D. 5.U0D 5.e:;8 J a jinn—X.Z. pemo to yen T.T. — ■3 7 27-112 O.D. — — Shanghai— X'.Z. pence to dol. T.T. 21 2 a-a2 20 3-32 O.D. 2) 13-!32 25 ai-32 India and Ceylon— X.Z. pence to rup. T.T. 22iJ 22 23-32 O.D. 224 22 21-32 tlont: Kong— X.Z. pence lo Jul. T.T. .'10 25-02 O.D. 30 21-a2 Singapore-— X'.Z. pence to do!. T.T. :)4 5-10 351 O.D. 34 a-io to a-ic Sweden— Kroner lo i'l X.Z. T.T. .15.700 1 5.-1 00 O.D. 15.830 15.470 Norway— Kroner lo X.Z. T.T. 10.19.8 15.808 O.D. 3 0.208 15.878 Denmark — Kroner to -3 N.Z. T.T. 18.208 37.878 o.D: ld.248 17.868 .\ii--lria---S-:ligf. to £1 .\.Z. T.T. .— 20.25 O.D. — 20.27 C/J'elioslovakin— Crowns to £1 N.Z. T.T. — 92.GO O.D. — 92.65 T.T. represents telegraphic transfer. O.D. represents on demand trans." Cliou.

DOLLAR-STERLING KATES The Associated lSanks (other thaa, the IJiink of Nfiv South Vales) quoted the fnllowing dollar-sterling rates on Saturday, whirl] are .subject to alteration without notice:— t;.s..v Canada. dol. dol. Coiivorsiun ol dollar bills received for collect ion and sale of dollar drafts and telegraphic transfer" . . '1.82 ■1.S4 Purchase of dollar bils 4.S"» ■1.SY On a New Zealand currency basis these rates are equivalent to: — U.S.A. Canada. dol. dol. Selling — T.T. li.KTi ".SP5 0.11. I!.S7J G.SOJ Buying— . O.IX 3.1)3 y.94g