STOCK EXCHANGES

Press, Volume LXXII, Issue 21717, 26 February 1936, Page 13

STOCK EXCHANGES

CHUISTCHCRCH YESTERDAYS TRANSACTIONS There was a moderate turnover on call yesterday, with the bulk of the dealings in bank shares and industrials, and prices of several stocks dealt in showed improvement. Transactions. exclusive of vestibule business, were:— „ LISTED STOCKS Sales on 'Change £ s. d. 712 Comm. Bank of Aust. (7) 019 6 75 National Bank of A/asia (£5 paid) (2) 7 11 0 7 11 6 100 N.Z. Breweries 2 12 0 50 Broken Hill Prop. (con.) •■' 111 S 5 Colonial Sugar .. 43 0 0 100 Dominion Build. Sup. 0 5 6 300 Dunlop-Perdriau Rubber (3) 015 6 500 Maori Gully 0 10 600 Mount Morgan (5) 016 2 0 16 3 117 Mount Morgan (rights) 0 5 6 0 5 9 Sales Reported £SOO N.Z. Govt. 4 p.c. Bonds, 1949 . • 103 10 0 100 South British Insur. 413 9 50 Bank of Aust. (cum div.) .. 12 15 0 100 Comm. Bank of Aust. 019 8 30 Bank of N.S.W. (cum div.) .. (2) 34 17 6 £2OO N.Z. Farmers’ Co-op. (4£ p.c. stock, 1940) 92 0 0 200 Waitahu . - • • 0 2 4 100 N.Z. Breweries .. 2 12 0 10 Colonial Sugar ■ 43 0 0 UNLISTED STOCK Sale on ’Change 300 White’s Electric .. 0 0 6| Government New Zealand Government 4 per cent, bonds, due 1049, changed hands at £lO3 10s. Bank of Australasia were firm at £l2 15s, market closing 5s either way. Commercial Bank of Australia were •active at 19s 6d, buyers staying in at that price, sellers at 19s 7d. National Bank of Australasia, £5 paid, were firmer with dealings at £7 11s and £7 11s 6d. and further buyers at £7 12s. Bank of New South Wales, cum dividend, moved up to £34 17s 6d. Sellers of Bank of New Zealand reduced their limits to 48s. South British Insurance were firmer at 93s 9d. ‘ New Zealand Breweries were firm at 525. market closing 51s 6d buyers, 52s 3d sellers. Sellers of Staples Brewery shares reduced their limits to 35s 6d. Miscellaneous Broken Hill Proprietary were firmer on buyers’ offers 61s; the contributing advanced to 31s sd, and more were wanted at 31s 4d. Colonial Sugar were steady with buyers and business at £43. Dominion Builders’ Supplies had business at 5s 6d. DunlopPerdriau Rubbers moved up to 15s 6d, sellers staying in at that price, buyers at 15s sd. G. J. Coles were firmer on buyers’ offers 73s sd. Hume Pine (Australia) were weaker with sellers at 17s 9d. New Zealand Farmers’ Co-onerfitive 4 i per cent, stock due 1940 was steady at £92. Maori Gully were firm With sellers and business at Is. buyers at HJd. Mount J.yeUs were firmer on buyers’ offers 25s sd. Mount Morgans were a shade stronger wi hj dealings at 16s 2d and Kte 3d.~ and these were buyers’ and rollers’ doping quotations resnectiveiv; the “rights” moved u*> to 5s 6d and 5s 9d market doping 5s 8d buyers, fii nd sellers. Waitahu had business ! at 2s 4d. Unlisted' Stock White’s Flectplc w*re firm at 6Jd, ; market closing Jd either way. J 4 TEST QUOTATIONS Buyers. Sellers. ' £ s. d. £ s. d. N.Z. Government Debentures 31 p.c. Ins., 1938-52 .. 31 p.c. Ins.. 1939-43 .. 101 5 O 4p c. Ins., 1937-40 .. 101 12 6 4 p.c. Ins.. 1943-49 .. 102 5 0 103 0 0 4 p.c. Ins,. 1946-49 ..103 0 0 4 p.c. Jns., 1952-55 .. 4 p.c. Bonds, 1040 .101 12 6 102 12 6 4 p.c.' Bonds, 1046 .. 4 p.c. Bonds, 1955 .. 103 10 0 104 5 0 Other Debentures Blenheim Borough. 31 ■ p.c., 1/4/55 .. Malvern Elec., 41 p.c... 1/4/55 .. .. Ashburton Elec., 4i p.c., 1/2/51 ■■ •• Heathoote County, 4) ' p.c., 30/6/51 ... Booth, Macdonald, 64 p.c., 1937 .. .. 71 5 0 85 0 0 N.Z. Refrig., 4) p.c., 1940-45 -. - ■ 100 10 Q 101 10 0 Banks Australasia (cum div., £5) •• .. 12 10 0 13 0 0 Com. of Aust. (10s) .. 019 6 019 7 Com. of Aust. (pref., „ A £10) •• ■• 900 613 0 Com. of Sydney (£l2 10s) .. .. 21 3 6 21 15 0 E.. S.. and A. (£3 pd.) 6 4 0 6 4 9 Natl, of A/asla (£lO ■ paid) •• 15 6 0 Natl, of A/asia (£5 _ „ A paid) ■ - 712 0 713 0 Natl, of N.Z. (£2 10s) 317 0 319 0 New South Wales (cum div., £2O) .. .. 34 15 0 34 17 6 New Zealand (£1) .. 27 6 28 0 Reserve (£5) - • « 5 ,5 *2 S . Union of Aust. (£5) .. 917 6 10 0 0 Insurance National (6s paid) 0 19 4 New Zealand (£1) .. 3 2 0 Standard (cum ciiv., £1) Loan and Agency Dalgety and Co. (£5) 913 0 916 3 Golasbrough, Mart (£1) 112 0 113 0 Mortgage Oorpn. (5s pd.) 0 4 6 0 410 N.Z- Guar. Corpn. (3s) 0 810 0 511 United Build. Soc. (£1) 110. 12 0 Wright. Stephenson (pref., £1) • • 019 0 Shipping New Zealand (pf., £1) 11 5 0 P. and O. Def. Stock (£1) .. •• - 16 6 Frozen Meat Canterbury (£7 10s pd;) Canterbury (pref., £5) 5 6 0 Gear (10s) „ 1 } « ix.x. Being. (£1 paid) 10 4 l l 0 N. Refrig. (10s pd.) 0 9 9 0 911 North Cant. Freez. (£3 paid) .. • • 118 0 Woollens Manawatu Knitting (£1) 1 19 0 Oamaru (£1) • ■ 1 1 a Kaiapoi (Its paid) .. Katapoi (7s paid) .. 0 5 6 0 6 6 Kaiapoi (pref.. 17s) .. 017 0 i Mosgiel (£4 paid) .. 10 11 6 . Coal Grey Valley (£1) .. 09 7 Westport (10s) .. J J 4 StocKton (pref., 10s) 0 2 9 Gas Auckland (£1) •• Auckland (contr.) ... oio A Christchurch (£1) .. S Christchurch (10s pd.) 017 0 ■0 17 9 Breweries Carlton (£1) •• 215 0 217 9 Dominion (El) • • 019 9 New Zealand (El) ... 211 6 212 3 Timaru (10s) -• 0)2 3 Tftnaru (7s 6d paid) .. 0 9 3 vqoths (rights. £1) 112 0 115 o 588.%..*“ :: .»'»■ IS * Miscellaneous Amalg. Wireless (con.. fl4q naid) 1 16 0 Anthony Hordern (£1) 1 0!0 1 1 0 Apsoc. Newspapers (£1) 12 3 13 6 Aust. Glass (£1) ■ * 5 » 470 Aust, Iron and steel tan • /pi V .. «. 15 4 L OAA Beath and Co. (£1) 17 9 18 8 Death and Co. (Is pd.) 0 3 0 0 6 0 Berlei (N.Z.) (CX) $ 0 315 6 Broken Hill Prop, (£1) 3 1 Q 3 16 Spoken Hill Prop, (con., , no w:: SSH'i. O, Neon - IN.Z.) Claude Neon (Sydney), _ 2 . 18 0 Colonial Sugar (£2O) , • 43 0 0 ‘ in 9 Consol. Brick (£l) .. g DXC. (pref., £1) •• 13 6 i o Dominion Builders PhP- „ , . __ , implies (10s) •• 0 5 4

BRITISH MARKETS STEADY LONDON, February 24, The stock markets are steady. The week has opened quietly with business on a smaller scale than of late. French 4 per cent, and German 7 per cent, loans were weaker, and British funds maintained their levels with War Loan, BJ per cent, at £lO7 6s 3d.

. Buyers. Sellers. £ s. d. fi »• A.' Dominion Tort. (£1) J fi 0 R Dualop Rubber (£1) ,, 0 15 5 0 15 6 Electro. Zinc (otd., cum div.) .. ... 1 18 6 1 19 6 Eleetro. Zinc (pf., cum dlv., £1) .. 2 1 0 2 16 Gem' Industries (£1) — 113 G. J. Coles (£1) ,. 3 13 5 3 13 9 Greater Crystal Palace (£1) .. .. 09 6 0 10 6 Hays, Ltd. (16b paid) — 0 16 9 Hume Pipe (Aust.) 2 0 17 9 (Cum div., £l) .. 0 16 Kauri Timber (2Ss) .. 14 9 15 0 MUburn Lime (£1) — 2 6 0 Morris, Hedstrom (£1) 1 4 0 — Myer Emporium (£1) 1 11 6 ."To N.Z. Drug Co. (£2) .. 3 13 0 4 0 9 N,Z. Farmers’ Co-op. 9 0 2 0 (10s paid) .. .. 0 0 N.Z. Farmers’ Co-op. 6 4 4 0 (1st pref,, £5) ., 3 18 N.Z. Farmers’ Co-op. C’B" pref., £4) .. 117 0 — N.Z. Farmers’ Co-op. (44 p.c. Stock, 1939) (£100) .. .. 91 0 0 1— N.Z. Farmers’ Co-op. (44 p.c. stock, 1940) 6 92 10 0 (£100) .. ..9117 N.Z. Farmers' Co-op. (44 P.c, stock, 1945) 93 0 0 0 8 6 (£100) ., .. — Farmers’ Trad. (8s pd.) — N.Z. Newspapers (£1) 1 16 6 1 18 6 N.Z. Paper Mills (El) 1 9 0 — Northern Boiler Milling (£1) .... 14 3 — Northern Roller Milling (pref., £1) ..11 9 13 0 Procera Bread (10s) .. 0 17 3 18 0 Procera Bread (vendor 6 17 6 , shares, 10s) .. 0 19 Quill. Morris (1936) 3 ,1 2 6 (£1) .. .. 0 17 Simpson and Williams (£1) •• — 17 0 Winchcombe Carson (£1) — 1 13 0 Weeks, Ltd. (£5) .. 8 5 0 8 15 U Whltcombe and Tombs 3 15 9 2 6 0 (£2 10s paid) — Wilson’s Cement (10s) — Woolworths (N.Z.), 0 5 12 0 (ord., £1) .. •• 5 7 Woolworths (N.Z.), 0 1 18 6 (pref., £1) 1 10 Mining 0 2 0 Addison’s Flat, (Is) .. — Antonio’s Hydraulic (Is) .. .. 0 0 74 u u Big River (Is) ..019 0 1 u Brian Boru (Is). .. 0 0 ZJ o w Deep Lead (Is) ... — U 1 0 Gillespie’s Beach (cum 010 div., Is) .. •• — Golden Dawn (5s) .. 0 2 9 0 3 4 ■Golden Point (6d) .. — _ 0 0 1! Golden Sands (Is) .. 0 2 0 —- Goldfields Dredg. (Is) 0 0 44 o o a King Solomon (Is) .. 0 3 0 V ii 0 Lawson’s Flat (Is) .. u u 34 u ” ’ Maerewhepua (Is) .. 0 0 14 0 o fi Mahakipawa (6d) .. 0 0 04 o ■ 0 I Mahakipawa (1929, pf.. Is) .. •• — 0 0 23 Mahakipawa (1930, pf.. Is) .. . • — 0 0 2J Maori Gully (Is) o 0 114 o i u Moonlight Gold. (Is) 0 0 7 .. Mount Lyell (£1) -• 1 5 5 1 5 • Mount Morgan (5s) .. 0 16 2 0 16 3 Mt. Morgan (rights, 0 5 9 2s) .. ..058 Nevis Diesel Electric • (Is) • • ■ • 0 0 04 0 0 1 Nokomai (5s) • • — „ 0 2 0 Okarlto (5s) .. •. 0 4 0 0 b 0 Rawang Tin (cum div. . and bonus, 10s) — 0 9 1 Skippers (Is) •• 0 0 2j 0 o 3 Stafford Sluicing (Is) — U u V Wp*hi Grand Junction 0 4 3 (2s) .. •• „ ~ „ Waltahu (5s) 0 2 2 0 1 0 Wetherstones (5s) .. — . Worksop Extend. (Is) 0 1 10 0 2 1 UNLISTED STOCKS All transactions in stocks quoted in this section are subject to a different rate oi brokerage from listed stocks, and are not quoted on the official list 1 —, M £ s, d. £ s. d, Andersons, Ltd. (of.) 0 15 9 0 19 9 Argo Gold Dredging 0 1 24 o l * rhrlstchn r ch Press .. 7 10 0 8 10 0 Bonds Rosary Mills 12 6 Emperor Fiji •. 0 11 0 — Dr. McBride Manufacn 17 4 turing Co. • • — Mscetown — „ 0 0 8 N.Z. Mining Invest. 0 0 5 0 0 8 N.Z. Perpetual Forests 2 19 3 3 3 0 N.Z. Perpetual Forests 0 18 0 (4s paid) ... _ — „ •T. .T. Niven (17s pd.) 0 5 0 — N.Z. Woolpacks •• — 0 15 0 E. Reece. Ltd. (ord.) — 0X6 °eales. l td. (“C” oref.) 0 2 3 — T’ma'u Time (£1 nd.) — 0 16 9 Werc’s Invest, Trust 0 5 2 —' Woodworths (Sydney), 6 10 0 ord. .. 6 9 6 Woolworths (W. Aust.) — . 10 5 0 White’s Electric .. 0 0 6 0 0 7 AUCKLAND Sales on ’Change £ s. d. 34 p.c. Ins. Stock, 1939-43 102 12 6 Com. Bank of Australia 0 19 8 Bank of Australasia .. 12 IS 6 National Bank of Australasia .. 15 7 6 Bank of New South Wales .. 34 17 6 Reserve Bank 5 19 0 Union Bank 10 0 0 New Zealand Insurance 3 3 3 3 3 0 South British 4 14 0 Goldsbrough, Mort 1 12 11 North Auckland Farmers’ Co0 12 6 op. (B pref.) Auckland Gas 1 .. 1 5 10 Auckland Gas (15s paid) 0 18 9 Broken Hill Pty. 3 0 9 Colonial Sugar 43 0 0 Consolidated Brick 0 10 8 G. J. Coles .. (2) 3 13 6 Henry Jones 2 10 New Auckland Laundry 110 Wilson’s Cement 2 3 6 Mount Morgan (rights) 0 5 2 Unofficial List Woolworths (Sydney) . 6 10 0 WELLINGTON Sales on ’Change £ s. d. Ins. Stock, 34 p.c,, 1939-43 .. 102 12 6 Ins. Stock. 4 p.c., 1940 (late 102 0 0 Monday) National Bank of A’asla (£5 pd.) 7 12 6 Bank of New Zealand 2 7 7 Bank of N.Z., D, Mort, (late 1 9 3 Monday) Goldsbrough, Mort 1 13 0 New Zealand Insurance 3 3 0 3 3 3 Standard Insurance 343 Union Steam (pref.) .. >16 4 Pukemiro Coal 1 3 9 Westport Coal .. 1 il 0 British Tobacco 2 2 7i Consolidated Brick 0 10 8 Wilson’s Cement .. (3) 2 3 0 Woolworths (N.Z.) 2nd pref. .. 1 5 7i Walhi Investments (late Mon0 13 102 day) .. Unofficial List 6 9 6 Woolworths (Sydney) .. DUNEDIN Sales on ’Change £ s. d. E.. S., and A. Bank •• 6 3 9 Union Steam Ship Co. (pf.) .. 16 3 Westport Coal 13 0 Associated Newspapers (?) 13 0 Dunlop .Rubber 0 15 6 Unlisted Stocks Woolworths (Sydney) 6 10 0 SYDNEY On the Sydney Stock Exchange yesterdav Australian consolidated loans develooed increased weakness. Banking shares tended to steady at the recently elevated levels. A further rise in Broken Hill Proprietary lifted the price to a new record level. Morning Sales £ s. d. Commonwealth Bonds— 94 0 0 3 per cent., 1948 .. 33 per cent., 1942 .. 100 15 O' 33 per cent., 1949 .. 101 0 0 4 per cent., 1938 .. 102 1 3 4 per 1941 .. 102 1 3 4 per cent., 1947 104 5 0 4 per cent., 1955 103 0 0 4 per cent., 1957 .. 103 17 a Commercial Bank of Australia I 0 3 Commercial Bank of Australia 9 15 0 (pref.) .. ,. National Bank (£5 paid) 7 15 0 Australian Gas A 7 17 0 Toohey’s Brewery Tooth’s Brewery 1 13 9 2 16 0 Associated Newspapers 13 0 Broken Hill Pty. (first ipstal1 11 7J ment paid) Meggitts 14 6 Wilcox, Mofflin •• •• 0 12 0 Afternoon Sales Commonwealth Bonds-r-102 1 3 4 per cent., 1938 .. 4 per cent., 1941 -.. 102 11 3 4 per cent, 1947 .. 104 5 0 4 per cent, I960 10? 7 8 4 per cent,, 1953 102 15 0 4 per cent., 1955 .. >• 102 17 6 4 per cent, 1959 .. 103 17 6 4 per cent., 1961 .. 104 7 6 Colonial Sugar 43 15 0 Bank of New South Wales 35 12 6 Commercial Bank of Sydney ,. Commercial Bank of Australia n 9 0 1 0 11 National Bank (£10 paid)15 11 0 Adelaide Steam 1 12 0 Australian Gas A • • 7 17 0 British Tobacco .. 2 2 9 Tooth’s Brewery H 16 0 Carlton Brewery 18 3

£ s. d. Australian Glass 4 7 a Dunlop Perdrlau „ .. .. 0 15 7J Wilcox, Mofflin 0 11 11 Henry Jones .. 2 1 3 Anthony Hordern 1 1 Anthony Hordern (pref.) f 6 0 Standard Cement 1 3 6 Wool worths (second pref.) 1 5 9 W. R. Carpenter 2 5 0 W. B. Carpenter (con.) 1 19 0 Mount Lyell .. 1 6 0 Broken Hill Pty. ,. ., 3 1 9 Broken Hill Pty. (second install ment paid) 1 12 3 North Broken Hill 8 3 6 Bulolo Deposits 0 1 0 Kuala Kampar Tin .. 0 15 0 Rawang Tin .. 0 9 4 Larut Tin 0 11 3 Emperor Gold .. 0 13 3 Tavua Development 0 2 8 Korpere .. .. i .. 0 5 6 MELBOURNE • Commercial Bank of Australia (pref.) .... ., 9 13 0 E., S„ and A. Bank •• 6 7 0 National Bank (£5 paid) 7 14 6 Goldsbrough, Mort * .. 1 13 «ft Howard Smith .. 0 18 7 Electrolytic Zinc 1 19 9 G. J. Coles .. .. 3 14 0 Herald and Weekly Times 3 6 G Broken HU1 South .. .. 5 17 6 North Broken Hill .. 8 3 0 Zinc Corporation 3 16 0