STOCK EXCHANGES

Press, Volume LXXI, Issue 21580, 17 September 1935, Page 13

STOCK EXCHANGES

, CHRISTCHURCH YESTERDAY'S TRANSACTIONS There was a good volume of diversified business on call yesterday, with activity in some industrials. Transactions, exclusive of vestibule business, were: LISTED STOCKS

Government New Zealand Government 3J per cent. Stock, due 1938-52, changed hands at £lO9, and there were further unsupported sellers at that price. A parcel-of Christchurch Tramway Board 4i per cent, debentures, due 1945, was dealt in at £lO5 ss. National Bank of New Zealand had dealings at 72s 3d, and more were offered at 73s buyers at 71s «!. Bank of New Zealand were firm, with sellers and business at 50s 9d, buyers at 50s 4d. A.P.A. had business at 22s 6d, and more were wanted at that price. New Zealand Insurance were firmer, with buyers and dealings at 645, sellers at 64s 3d. Buyers of South British Insurance raised their bids to 945, sellers at 94s 3d.' Goldsbrough, Morts were easier, with sellers at 31s 7d. Mortgage Corporation, 5s paid, were fractionally firmer at 6s 3d. A late sale of New Zealand Refrigerating, 10s paid, on September 14 was reported at 9s lid, and business yesterday was recorded at 10s, with further buyers at that price, sellers at 10s 2d. Timaru Brewery, 7s 6d paid, had business at 8s lOd and late offers of 8s 9d failed to attract sellers. Anthony Hordern were firmer on buyers' offers 19s 6d. Broken Hill Proprietary were fractionally firmer, with dealings at 65s Id and 65s 3d. Claude Neon <N.Z.) moved up to 445, market closing Is either way. Dunlop Perdriau Rubbers were easier, with sellers and dealings at 14s. New Zealand Newspapers were steady at 39s 9d, and more were wanted at 39s lOd. Mining Gillespie's Beach, ex dividend, had business at Is OJd, buyers staying in at that figure, sellers at Is 2d. King Solomon, cum dividend, were a shade stronger, with dealings at 3s 5d and 3s s|d. and further buyers at the higher price. Mahakipawas were firm at Mount Lyells moved up to 18s 3d, and closed stronger, with buyers at, 18s 4d, sellers at 18s sd. Mount Morgans were firmer, with dealings at prices ranging from 38s 3d to 33s 9d, closing quotations 38s 4d buyers, 38s Od sellers. Skippers remained unaltered at 2,? d. Unlisted Stocks South Seas' Fishing had business at 10s. Woolworths (Sydney) ordinary were weaker, with sellers at £5 7s 6d, buyers at £5 2s.

LATEST QUOTATIONS

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.

MELBOURNE

CLEARING SALE AT BURNHAM A successful sale was conducted by Dalgety and Company, Ltd., on Friday at "Claverton," on account of Mr J. D. Stewart, who has sold his farm. There was a very large attendance of farmers who, appreciating the quality of the live and dead stock offered, bid freely. Prices received for some of the main lots were as follows: — Sheep—426 halfbred ewe hoggets 28s, 148 halfbred ewe hoggets 27s sd, 137 crossbred ewe hoggets 26s Bd, 73 small halfbred ewe hoggets 22s 3d, 185 halfbred wether hoggets 18s, 40 crossbred wether hoggets 18s lOd. Draught horses—Mare, 7yrs, £35, gelding, 6yrs, £42, mare, 6yrs, £SO, gelding, 6yrs, £46, mare, aged, £2B, gelding, aged, £3l, yearling filly £23. Cattle—Six Jersey oows and heifers £2 to £5 10s. Implements and sundries—The principal implements sold as follows: Reid and Gray 3-furrow riding plough £l9, six horse blocks and tackle £6 10s, two-ton lorry £26, 15-coulter Colonial drill £2O, set Massey Harris discs £l7, Massey Harris grubber £42, McCormick binder £l6, circular saw and bench £lO, Case tractor £27, twostand Wolseley shearing plant £2l, 2J horse-power Mogul engine £l3, boring machine £5 10s, Lister separator £8 15s, Duncan tractor lift £4 ss.

(OTHEE COMMERCIAL NEWS WILL BE FOUND ON PAGE 15.)

Sales on 'Change £ s. d. 100 A.P.A. 1 2 6 50 N.Z. Insurance 3 4 0 350 Broken Hill Pty. (7) 3 5 1 200 Dunlop Rubber (2) 0 14 0 100 N.Z. Newspapers .. 1 19 9 200 Gillespie's Beach (ex div.) 0 1 OJ 300 King Solomon (cum div.) .. (2) 0 3 5 0 3 5i 300 Mahakipawa 0 0 23 100 Mount Lyell 0 18 3 650 Mount Morgan 1 18 3 (4) 1 18 0 1 18 9 1 18 8 I 18 6 500 Ski;;p „:i\; 0 0 25 Sales Reported 100 Dunlop Perdriau Rubber 0 14 0 200 Claude Neon (N.Z.) 2 4 0 100 Broken Hill Propty. 3 5 3 100 Timaru Brewery (7s 6d paid) 0 8 10 1400 N.Z. Refrig. (10s pd.) 0 10 0 200 N.Z. Refrig. (10s pd.. late sale Sat.) 0 9 11 745 Mortgage Corpn. (5s pd.) ,. (2) 0 6 3 200 N.Z. Insurance 3 4 0 100 Bank of N.Z. 2 10 9 195 Natl. Bank of New Zealand (2) 3 12 3 £500 Christchurch Trams, 4} p.c, 1/2/1945 .. 105 5 0 £5850 N.Z. Govt. 3 \ p.c. Ins., 1938-52 109 0 0 UNLISTED STOCKS Sale Reported 100 South Seas Fishing 010 0

Buyers. Sellers. £ s. d. £ s. < i. N.Z. Government Debentures* 34 p.c. Ins., 1938-52 — 109 0 0 31 p.c. Ins., 1939-52 108 17 6 — 4" p.c. Ins., 1937-40 101 15 0 — 4 p.c. Ins., 1946-49 — 109 10 0 4 p.c. Ins., 1952-55 112 0 0 112 5 0 4 p.c. Bonds, 193740 102 0 0 — 4 p.c. Bonds, 194649 109 0 0 — 4 p.c. Bonds, 195255 112 0 0 —• Other Debentures Eastbourne Boro. 33 p.c, 1/6/1956 .. — 102 0 0 Sluggish River, 5& p.c, 1/1/1944 .. — 105 0 0 Grey Electric Power, 4| p.c, 1951 — 106 0 0 Ch.Ch. Trams, 4^ p.c, 1/2/1945 .. — 108 0 0 Napier Harbour, 4i p.c, 31/3/1950 .. _ 104 10 0 Wairoa Electric, 4J p.c, 30/9/1955 .. — 108 0 0 Booth, Macdonald, Si p.c, 1937 .. 64 10 0 — Gisborne Sheep, 6> 2 p.c, 1941 .. 101 10 0 — N.Z. Refrig., 4J p.c, 1940-45 100 0 0 100 17 6 Banks Australasia (cum div., £5) — 11 12 0 Comm. of Aust. (10s) 0 16 4 0 16 6 Comm. of Aust. (pref., £10) .. — 9 U 0 Comm. of Sydney (£12 10s) 17 12 6 — E., S., and A. (£3 paid) 5 7 6 5 12 0 Natl, of A/asia (£10 paid) — 13 19 0 Natl, of A/asia (£5 paid) — 6 17 6 Natl, of N.Z. (£2 10s) 3 11 4 3 13 0 N.S.W. (£20) 32 2 6 N.Z. (£1) 2 10 4 2 10 9 N.Z. ("D" mort. shares, £1) , 1 14 0 Reserve (£5) 6 9 0 6 10 3 Union of Aust. (£5) — 9 8 0 Insurance A.P.A. (£1) 1 2 6 National (7s pd.) 1 0 9 N.Z. (£1) 3 4 0 3 4 3 Queensland (£1) — 3 0 0 South British (£1) 4 14 0 4 14 3 Standard (£1 pd.) _ 3 12 0 Loan and Agency Dalgety and Co. (£5) 8 8 0 Goldsbrough, Mort (£1) 1 11 6 - 1 11 7 Mutual Benefit (£10). 14 10 0 16 0 0 N.Z. Guarantee Corpn. (3s) 0 5 2 0 5 4 N.Z. Loan & Merc. (ord. stk., £100) 36 0 0 Permanent Investment (£10) _ 10 10 0 United Building Society (cum div„ £1) — 1 s c Wright, Stephenson. and Co. (ord., £1) — 1 0 0 Wright, Stephenson and Col, (pref., £1) — 1 0 c Mortgage Corpn. (5s paid), — 0 6 3

Shipping Buyers; Sellers. £ s. d. £ 3. d. N.Z., (pref., £10) 11 0 0 — P. and O. Deferred Stock (£1) — 14 9 Frozen Meat Canterbury (pref., £5) 6 2 6 . — N.Z. Refrig. (£1 . paid) .. 1 0 8 1 0 10 N.Z. Refrig. (10s paid) 0 10 0 0 10 2 North Cant. Freez. (£3 paid) 1 1 6 — Woollens Bruce (£1) 0 14 6 — Kaiapoi (17s paid, cum div.) 0 14 6 b 14 li Kaiapoi (7s paid, cum div.) 0 5 1 _ Kaiapoi (pf., cum x div., 17s) 0 18 9 — Bruce (pref., £1) — 12 6 Mosgiel (£4 paid) — 11 0 0 Manawatu Knitting (£1) .. 2 0 0 2 2 6 Coal Cascade - Westport 2 0 0 2 2-6 Grey Valley (£1) 0 5 0 — Stockton (ord., 10s) 0 1 0 — Stockton (pf., 10s) 0 2 0 — Westport (10s) .. — 12 4 Breweries Dominion (£1) .. 0 17 0 0 17 6 Carlton (£1) —„ 2 11 0 Monteiths (£1) .. — ■ 10 0 New Zealand (£1) 2 11 4 2 12 0 Timaru (7s 6d pd.) 0 8 9 — Tooths (£1) 2 14 7 2 15 0 Ward (in liquidation) 0 0 3 0 2 3 Gas Auckland (£1) .. 1 5 6 _ Miscellaneous Anthony Hordern (£1) .. 0 19 6 0 19 8 Aust. Glass (£1)* 4 0 0 4 3 9 Aust. Iron and Steel (pref., £1) 1 5 1 15 9 Beath and Co. (£1) .. 1 9 9 — Beath and Co. (Is paid) 0 7 0 0 9 0 British Tobacco (cum div., £1) .. 1 19 4 1 19 8 Broken Hill Prop. (£1) .. 3 5 1 — G. J. Coles (£1) 3 7 0 3 8 0 Claude Neon (N.Z., £1) 2 3 0 2 5 0 Colonial ' Sugar (£20) 43 0 0 43 15 0 Dorn. Builders' Supplies (10s) — ,0 6 3 Dunlop Rubber (£1) .. 0 13 11 0 14 0 Donaghy Rope and Twine (£1) — 2 13 6 Electro. Zinc (ord., £1) ..» 1 8 6 19 6 Electro. Zinc (pf., £1) _ 1 15 6 Greater Crystal Palace (£1) .. — 0 12 0 Henry Jones Co-op. (£1) .. — 1 16 9 Hays, Ltd. (15s paid) 0 16 0 — Howard Smith (£1) .. 0 17 10 — Kauri Timber (25s) 1 1 2 12 2 National Electric (£1) .. 0 12 6 0 14 6 New Colosseum (£1) .. 1 9 0 — N.Z. Drug Co. (£2) .. — 4 4 0 N.Z. Farmers' Coop. (£2 10s pd.) 0 3 0 — N.Z. Farmers' Coop. (10s paid) .. 0 0 2 0 10 N.Z. Farmers' Coop. (1st pf., cum div.. £5) 3 17 G 4 2 6 N.Z. Farmers' Coop. ("A" pf., cum div., £4) — 2 17 6 N.Z. Farmers* Coop. ("B" pf., cum div., £4) _ 1 15 0 N.Z. Farmers' Coop., 4J p.c. stock, 1940 (£100) — 86 10 0 N.Z. Farmers' Coop., 4f> p.c. stock, 1945 (£100) 84 0 0 86 5 0 N.Z. Newspapers (£1) .. 1 19 10 Quill, Morris (in liquidation, £1) 0 3 9 0 4 9 Procera Bread (ord., 10s) 1 13 0 2 3 0 Victoria Nyanza Sugar (£1) 0 6. 0 Whitcombe and Tombs (£2 10s paid) 3 10 0 3 19 0 Wilson's Cement (10s) 1 19 0 2 0 6 Wool worths (N.Z.), ord, (£1) Woolworths (N.Z.), 5 10 0 5 16 0 pref. (£1) — 2 10 Woolworths (Syd.), 2nd pf. (£1) .. — 18 0 Woolworths (Vic), pref. (£1) — 1 10 0 Mining Bendigo Goldlights (Is) 0 0 5 0 0 7 Big River (Is) .. 0 1 11 0 2 0 Brian Boru (Is) .. 0 0 2 0 0 3 Central Shotover (Is) — 0 0 21 Charleston (Is) .. — 0 0 5 Deep Lead (Is) — 0 19 Consolidated (£1) — 0 17 0 Gillespie's Beach (ex div., Is) .. 0 1 OJ 0 12 Glenroy (Is) — 0 0 4 Golden Dawn (Is) 0 2 0J 0 2 11 Golden Point (6d) —• 0 0 1 Golden Sands (Is) 0 2 6 0 2 11 Goldflelds Dredging (Is) 0 0 21 0 0 3 Kfng Solomon (cum div., Is) .. 0 3 5& 0 3 6 Lawson's Flat (Is) 0 0 3 0 0 6 Mahakipawa (6d) 0 0 2i 0 0 3 Mahakipawa (pf., 1929 issue and 1930 issue, Is) 0 0 3 — Maori Gully (Is) 0 0 Hi 0 11 Mossy Creek (Is) 0 0 8 0- 1 10 Mount Lyell (£1) 0 18 4 0 18 5 Mount' Morgan (cum div., 5s) 1 18 4 1 18 6 Nevil Diesel Electric (Is) — 0 0 1 Nokomai (5s) — 0 19 Okarito (5s) 0 4 9 ■— Skippers (Is) .. 0 0 2i 0 0 2? Upper Shotover QOd pd., Is) .. — 0 0 3 Waihi Grd. June. (2s) __ 0 4 0 Waitahu (2s) — 0 2 8 Worksop Extended (is) 0 1 10 0 2 3 Waimumu Sluicing (Is) — 0 0 7

£ s. d. £ s. a. Andersons, Ltd. (pref.) 0 15 9 10 0 Argo Gold 0 1 5 0 1 6J Associated Motorists Petrol (pf.) — 15 0 Apex Ice Cream (ord. and pref.) 0 19 0 — Ch.Ch. Press (New) — 13 0 0 Canterbury Roller Flour —- 0 9 0 Emperor Fiji (10s paidi 1 7 6 1 14 0 Golden Gully .. — 0 0 6 New River (9d paid) — 0 0 9 New River (Is paid) * __ 0 0 105 N.Z. Mining Investment — 0 10 Nemona (6d pd.) 0 0 6£ _ Smith Wylie — 0 11 Suckling Bros. .. 10 0 0 — South Seas Fishing. 0 8 6 0 10 0 Tauria- Fiji (5s' paid) , 0 11 0 — Upper Watut (3s (paid) 0 7 3 0 7 6 White's Electric — 0 10 Were's Investment Trust (cum div.) —. 0 5 6 Westland Breweries — 110 Woolworths (Syd), ord. 5 2 0 5 7 6 Woolworths (W. I Australia) », 8 10 0 9 2 6

AUCKLAND Sales on 'Change £ s. el. Ins. Stock, 3* p.c., 1938-52 109 2 • Auckland City, 4| p.c, 1944-46 106 0 0 Amal. Brick (Auck.), 7£ p.c, 1944 102 0 0 Natl. Bank of N.Z. 3 12 6 Union Bank , ■ • 9 5 0 National Insur. (2> 10 6 N.Z. Insurance 3 4 3 Goldsbrough Mort 1 11 0 N.Z. Guar. Corpn. 0 5 2 Auckland Gas 15 9 Dominion Breweries 0 16 9 Broken Hill Pty. Claude Neon (N.Z.) 3 5 3 2 4 0 K.D.V. Boxes (10s pd.) .. 0 10 6 N.Z. Farmers' Fertiliser (2) 0 18 0 Gillespie's Beach (ex div.) 0 10 Mataki ■•• 0 2 0 Mount Morgan (2) 1 18 9 Unofficial List Woolworths (Sydney) 8 5 0 Emperor Mines 16 0 1 6 9 WELLINGTON Sales on 'Change g. 6. d. Govt. Bonds, 4 p.c— 1940 .. 102 0 0 1946 .. 107 5 0 1949 .. 109 17 6 1955 .. -. •• 112 7 6 Ins. Stock, 3| p.c, 1938-52 (late Saturday) 109 0 0 108 15 0 109 0 0 Ins. Stock, 4 p.c, 1940 .. Ins. Stock, 1946 (2) 102 0 0 107 5 0 Ins. Stock, 1949 •109 17 S 110 0 0 Ins. Stock, 1955 (2) 112 7 6 Reserve Bank (late Sat.) .. 6 10 3 Mortgage Corporation 0 6 2 15 9 Auckland Gas •• National Insur. (late Sat.) 10 7 N.Z. Insurance 3 4 3 N.Z. Refrig. (late Sat.) .. 10 9 Southland Meat (late Sat.) 4 0 0 Broken Hill Pty. (late Sat.) 3 5 0 N.Z. Newspapers (late Sat.) 1 19 9 Skippers 0 0 3 Mount Morgan 1 18 6 DUNEDIN Sales on 'Chan&e Bank of N.Z. 2 10 10 Bank of N.Z. (long D) (late Saturday) 1 13 9 N.Z. Refrig (cont.) (3) 0 10 0 Mortgage Corpn. 0 6 2 Broken Hill Prop., 3 5 3 N.Z. Paper Mills 19 9 Electrolytic Zinc (ord.) .. 1 9 1} Mount Morgan 1 18 0 Bendigo Goldlight (late Sat.) 0 0 6 SYDNEY The Sydney Stock Exchange yesterday developed an improved undertone, though turnover was somewhat restricted. A stronger feeling was in evidence in the gold share market. Morning Sales £, s. d. Commonwealth Bonds — 4 per cent., 1953 103 0 0 4 per cent., 1955 102 12 6 4 per cent., 1959 103 0 0 4 per cent., 1961 102 0 0 Bank of New South Wales 33 0 0 Australian Gas A 7'14 0 Associated Newspapers .. 1 1 10| Dunlop Rubber 0 14 4 Goldsbrough, Mort 1 11 9 Lustre Hosiery 18 6 Afternoon Sales Bank of New South Wales 33 2 6 National Bank (£5 paid) .. 6 17 6 Union Bank 9 8 6 Colonial Sugar 43 15 0 New Zealand Insurance .. 3 5 9 Associated Newspapers .. Australian Gas A and B .. 1 1 10J 7 14 0 British Tobacco 1 19 7$ Tooths Brewery 2 15 6 Tooheys Brewery • • 1 9 10J Drug Houses of Australia 17 9 Dunlop Perdriau 0 14 3 Goldsbrough, Mort 1 11 6 Wirichocmbe, Carson 1 10 6 Morris, Hedstrom 13 9 Greater J. D. Williams .. 7 10 0 Millaquin Sugar 1 14 3 Henry Jones Anthony Hordern 1 16 9 0 19 7J General Industries 0 18 9 Beard Watson 0 19 3 Sargents 12 0 Standard Cement 12 0 Mount Morgan 1 18' 6 Broken Hill Prop. 3 6 6 Zinc Corporation 2 10 9 Placer Development 3 9 0 Peninsula Tin 14 0 Totola 0 7 9 Tavua 0 13 2 Moroere 16 0 Gold Mines of Papua 0 13 10

Electrolytic Zinc i e 6 Herald and Weekly Times 3 2 0 Tongkah Harbour Tin .. 1 2 6 Loloma 2 10 0 New Morobe 15 10 0