STOCK EXCHANGES

Press, Volume LXXII, Issue 21730, 12 March 1936, Page 13

STOCK EXCHANGES

CHRISTCHURCH YESTERDAY'S TRANSACTIONS There was a moderate turnover on call yesterday and prices of several, stocks dealt in showed an easing. Transactions, exclusive of vestibule, business, were:— LISTED STOCKS Sales on 'Change £ s. d.

Government New Zealand Government 4 per cent. Stock, due 1937-40, changed hands at £lO2 and there were further buyers at that price. Commercial Bank of Australia were firm with sellers and business at 20s sd, buyers at 20s 2d. E., S., and A. Bank shares were firm at £6 4s. National Bank of Australasia, £5 paid, appeared easier with buyers and business at £7 12s, sellers at £7 13s 6d. Bank of New South Wales were steady with buyers and dealings at £34 12s 6ri. Sellers of Bank of New Zealand reduced their limits to 46s 6d. Union Bank of Australia were weaker at £9 15s 6d. * Unsupported sellers of Standard Insurance reduced their limits to 63s 9d. Dalgety and Company dropped to £9 10s. Goldsbrough. Morts were weaker with sellers at 32s 9d. New Zealand Breweries changed hands at 52s 6d and 52s 7d, and these were buyers' and sellers' closing quotations respectively. Miscellaneous Dunlop Perdriau Rubbers dropped to 14s 4d and there were further sellers at that price, buyers at 14s 3d. Electrolytic Zinc ordinary were easier, with sellers at 38s Bd. Sellers of G. J. Coles came down to 725, buyers at 71s Bd. Howard Smiths, cum dividend, were easier at 16s Bd, ■ market closing 2d either way. Hume Pipe (Australia), cum dividend, were fractionally weaker at 17s. Mount Lyells were fractionally, firmer'with sellers and business at 24s 7d, buyers at 24s sd, Mahakipawas were steady at Id. Mount Morgans were a shade easier with sellers and dealings at 16s Id, buyers at 16s. Skippers changed hands at 2fd and more were offered at that price. Unlisted Stocks Woolworths (Sydney) ordinary were firmer at prices ranging from £6 14s 6d to £6 16s, and there were further buyers at the highest price, sellers at £6 16s 6d. LATEST QUOTATIONS N.Z. Govt. Debentures

UNLISTED STOCKS

SYDNEY Although the investment market on the Sydney Stock Exchange yesterday was calm in view of the more reassuring news of the European political situation, values continued to ease, but bank shares were relatively steady. Many of the more speculative company shares suffered furthei reverses. The gilt-edged section underwent little change. Silver, lead, and tin shares were firm but quiet.

Emperor .. • • 011 7 LONDON QUOTATIONS LONDON, Iviarch 10. £ s. d. New Guinea Goldflelds .. 0 3 4i Mount Lyell ... ... 018 6 BRITISH WAR LOAN • LONDON, March 10. < War Loan, 3i per cent., is quoted at £lO6 10s. ■_._--- : -^'~ : — ,

£200 N.Z. Govt.. 4 p.c. Ins.. 1937-40 102 0 0 100 Ccmm. Bank of Aust. 1 0 5 100. Natl. Bank of A/asia. (£5 paid) 7 12 0 30 Bank of N.S.W. (4) 34 12 .6 15 Union Bank of Aust. 9 15 6 50 Dalgety and Co. (2) 9 10 0 350 N.Z. Breweries (3) 2 12 6 2 12 ? 100 Dunlop Perdriau Rub. 0 14 4 100 Howard Smith (cum div.) 0 15 8 100 Hume Pipe (Aust, cum div.) 0 17 0 .120 Mount Morgan 0 16 1 1600 Skippers • (3) 0 0 2| Sales Reported 25 E., S„ and A.. Bank .. 6 4 0 50 N.Z. Breweries 2 12 6 200 Mount Lyell 1 4 7 200 Mount Morgan , 0 16 1 .500 Mahakipawas 0 0 1 UNLISTEP STOCKS Sales on 'Change 325 Wool worths (Syd.), ' ord. (2) 6 15 6 (2) 6 14 6 (3) 6 15 0 (3) 6 16 0

' Buyers. Sellers. £ s. d.- £ s. d 4 p.c. Ins M 1937-40 .. 102 0 0 — 4 p.c. Ins., 1943-46 .. 102 15 0 — 4 p.c. Bonds, 1955 102 0 0 — 4 p.c. Bonds. 1946 102 10 0 — 4 p.c. Bonds, 1955 103 .10 0 — Banks Australasia (cum div.. £5) — 12 10 0 Comm. of Aust. (10s) 1 0 2 > 1 0 5 Comm. of Aust. (pref., £10) — 9 9 0 .E„ S., and A. (£3 pd.) 6 2 6 6- 5 0 Natl, of Aus'asia (£5 paid) 7 12 0 7 13 6 New South Wales (£20) 34 12 6 34 15 0 New Zealand (£1) 2 4 0 2 6 6 Reserve (£5) .. 5 17 0 5 18 0 Insurance National (6s paid) — 0 19 0 New Zealand (£1) — 3 3 3 Queensland <£1) 2 13 3 — South British (£1) . • — 4 13 6 Standard (£1 paid) — 3 3 9 Loan and Agency Dalgety and Co. (£5) — 9 13 0 Goldsbrough, Mort (£1) 1 12 0 1 12 9 Mortgage Corpn. (5s paid) \ — 0 4 7 N.Z. Guarantee Corp. (3s) 0 5 5 0 5 11 United Build. Society (cum div., £1) '— 1 1 9 Shipping New Zealand (pref.. £10) 11 12 6 — Frozen Meat Canterbury (£7 10s paid) . — 10 15 0 Canterbury (£5 pref.) — 6 0 0. N.Z. Refrig. (£1 pd.) 1 0 2 — N.Z. Refrig. (10s pd.) 0 9 6 0 9 9 Woollens Kaiapoi (17s paid) .. — 0 14 9 Kaiapoi (7s paid) 0 5 7 0 6 3 Kaiapoi (pref., 17s) .. 0 17 6 — Coal Westport (10s) — 1 3 9 Stockton (pref., 10s) — 0 2 6 Gas Auckland (£1) — 1 5 9 Ohristchurch ■ (£1) — 1 16 0 Breweries Dominion (£1) 1 0 9 — New Zealand (£1) •• 2 12 G 2 12 7 Staples (£1) — 1 15 0 Timaru (7s (id paid and 2s Gd call) ... 0 12 0 — Tooth's (£1) 2 13 0 2 13 9 Tooth's (rights, £1) .. 1 11 6 — Miscellaneous Anthony Hordern (£1) —■ 1 0 2 Aust. Glass (£1) 4 2 6 4 4 3 Aust. Iron and Steel (£1) — 1 5 3 Beath and Co. (£1) 1 5 9 1 8 0 Death and Co. (Is) .. — 0 8 0 British Tobacco (cum div., £1) ' 2 1 4 2 1 7 Broken Hill Pty. (£1) 2 19 0 2 19 9 Broken Hill Prop. (con., 3s 4d paid) .. — 1 16 0 Burns, Philp (£1) 3 9 0 3 11 0 Consolid. Brick (£1) .. 0 10 0 — Dominion Builders' Supplies (10s) 0 5 6 0 6 6 Drug Houses of Aust. (£1) ««e 1 9 5 Dunlop Rubber (£1) .. 0 14 3 0 14 4 Electro. Zinc (ord., * cum div., £1) . 1 IB 3 1 18 8 Electro. Zinc (pref., cum div., £1) 2 1 3 2 1 7 G. J. Coles (£1) ' .. 3 11 8 3 12 0 Greater Crystal Palace (£1) 0 9 0 — Elenrv Jones Co-op. (£1) 1 18 6 2 0 0 Hay's, Ltd. (£1 paid) — 1 1 0 Hay's, Ltd. (15s paid) 0 15 0 — Howard, Smith (cum div., £1) — 0 19 0 Hume Pipe (Aust.) (cum div., £1) 0 17 0 Kauri Timber (25s) .. 1 3 10 1 4 6 Mason. Struthers (£1 paid) ' 0 14 0 — Mason. Struthers (10s Taaid) ... ~ .. — 0 6 9 Morris, Hedstrom (£1) 1 3 6 — N.Z. Drug (cum div., £2) — 3.19 0 N.Z. Farmers' Co-op, (£2 10s paid) 017 0 ■— N.Z Farmers' Co-op. (10s paid) .. — 0 2 0 N.Z. Farmers' Co-op. (A pref., £4) 2 7 6 — N.Z. Farmers' Co-op. (B pref., £4) 2 0 0 — N.Z. Farmers' Co-op. 4J p.c. Stock, 1939, £100) 91 0 0 — N.Z. Newspapers (£1) 1 17 0 1 18 6 N.Z. Paper Mills' (£1) — 1 10 0 Procera Bread (10s) ' — 1 6 0

V '■//..:'.',''. : \ -'":.,'"' ."£ \ ; J*i" ; ;''; Buyers. I Sellers. : £'; ■*.■• d. sr - &;$.-■ Quill, Morris (1936) (£» 0 ,16 6 0 18 6 Simpson and Williams; ■": my ■■■ ■•■ / ••:.:..■ :/,■.. ,',."■— Taupo Totara Timber '■>' ; 9,;'5 0 13 10 (ios) :. ( •• United Provisions; (£1) 0 12 10 Whitcombe and Tombs (£2 10s paid) ; _ v 3 12 0 ■: ' ■"". Woolworths (N.Z.), (ord.. £1) ...... .■•:,... 5 4 6 5 11 0 Woolworths (Sydney) 1 5 6 12 9 (2nd pref.. £1) "~" Wunderlich (£1) •• — Mining Addison's Flat (Is) .. — 0 1 11 Aotearoa (Is) . •• 0 0 6 0 ~1 10 0 1 41 0 0 3 0 0 3 Big River (Is) ■ — 3 2i Argo Gold (Is) Brian Boru (Is) 0 1 0 0 Central Shotover (Is) ■. — ■ ■ Deep Lead (Is) -• 0 1 •7 1 0 2 6 Golden Sands (Is) • • 0 2 Goldflelds Dredg. (Is) 0 0 4i0 0 42 0 3 3 0 0 21 King Solomon (Is) .- 0 3 .14 Maerewhenua (Is) • • 0 0 11 Mahakipawa (6d) ~~ 0 t) -1 Mahakipawa (pref., 1929 issue. Is) 0 0 1 0 0 22 Mahakipawa (pref., 1930 issue. Is) .. 0 0 1 Maori Gully (cum div., Is) 0 0 11 ~~ Mount Lyell (£1) •• 1 4 a 1.4.7' Mount Morgan (2s 6d) 0 16 0^ 0 16 1 Nevis Diesel Electric (Is) 0 0 03 0 0 11 Nokomai (5s) — 0 2 7 0 5 0 Okarito (5s) 0 4 0 Upper Watut (5s) . • 0 7 0 24 0 0 21 Skippers (Is) • ■ 0 0 Stafford Dredg. (5s ' 'paid) .. 0 1 6 0 6 1 0 \ 0 9 Stafford Sluicing (Is) — Waimumu Sluic. (Is)" 0 0 32 0 0 5 0 2 7 Waitahu (5s) — Wetherstone's (5s) . • — 0 1.9 Worksop Extend. (Is) 0 1 9 0 2 2

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 i. Sellers. £ s. d. £ s. d. Andersons, Ltd. (pf.) 0 18 8 0 19 8 Assoc. Motorists' Pet. (pref.) .. ■• — 17 0 B»n Ledi (Is paid) .. — 0 0 6 Cant. Roller Flour .. 0 4 6 . —_ Christchurch Press .. 8 10 0 — Emperor Fiji -. 0 10 0 — National Tobacco .. — 3 2 6 New River (Is paid) — 0 0 10 N.Z. Min. Invest. .. 0 0 5 — ' J. J. Niven (17s pd.) 0 7 6 0 8 9 M.K. Millinery .. 1 18 0 2 90 Scales, Ltd. ("C" pref.) 0 2 6 — Were's Invest. Trust 0 5 6 — Wool worths (Sydney) (ord.) .. •"•••. 6 16 0 6 16 6 AUCKLAND Sales on 'Change £ s. d. Bonds, 1940, -4 p.c. 102 5 0 102 7 6 Stock, 1938,-41, 32 "p.c. 101 12 6 Stock, 1940, 4 p.c. .. 102 0 0 Auckland City, 1944, 4* p.c. 104 0 0 Franklin Power Board, 1963, i\' per cent. .. .. (2) 105 0 o Com. Bank of Aust. 10 5 National Bank of N,Z. 3 15 6 Bank of N.S.W. 34 15 0 Bank of New Zealand (2) 2 6 3 Union Eank , 9 17 0 South British Insurance 4 12 6 Farmers' Auct. (A pref.) 12 9 Mortgage Corp. 0 4 6j Auckland Gas 15 6 Kaiapoi Woollen . / 0 14 10 Tui Brewery .. 2 2 9 Broken Hill Pty. (2) 2 19 3 Colonial Sugar 43 0 0 Farmers' Trading 0 8 5 Milne and Chpyce (deb.) 0 16 6 Wilson's Cement .. 2 0 3 Mahakipawa 0 0 1 Skippers. Ltd. 0 0 23 Placer Development 5 0 0 Woolworths (Sydney) 6 16 0 WELLINGTON Sales on 'Change £ s. d. Bank of New Zealand 2 5 11 2 6 0 N.Z. Guarantee Corporation .. 0 5 10 South British Insurance , 4 12 0 Gear Meat Company .. 10 6 Union Steam Ship Co. (pref.) 1 6 4 Skippers, Ltd. 0 0 23 Mount Morgan 0 16 1 Unlisted Stock National Tobacco 3 6 0. DUNEDIN Sales Reported £ s. d. National Insurance (late Tues.) 0 18 9 N.Z. Refrig. (con.) (late Tues.) 0 9 9 Mount Lyell (late Tuesday) .. 1 4 71 Bank of A'asia (cum div.) .. 12 5 0 N.Z. Breweries 2 12 6 Unlisted Stocks Woolworths (Sydney) 6-15 0

Morning Sales £ s. d, Commonwealth Bonds— 4 per cent., 1938 101 15 0 4 per cent., 1944 102 5 0 4 per cent., 1947 .. 103 2 6 4 per cent., 1953 101 15 0 4 per cent., 1955 102 0 0 Bank of New South Wales .. 35 12 6 British Tobacco 2 16 Broken Hill Prop 2 19 9 Afternoon Sales Howard Smith 0 16 9 Bank of New South Wales .. 35 12 6 Commercial Bank of Sydney .. 21 13 0 Commercial Bank of Australia 1 0 7i National Bank (£5 paid) 7 15 0 National Bank (£10 paid) 15 9 0 43 0 0 Colonial Sugar Mercantile Mutual Insurance .. 1 11 6 12 6 0 16 7i 1 18 0 3 11 0 Associated Newspapers Howard Smith Huddart Parker Burns Philp Australian Gas A 7 12 6 2 13 British Tobacco Tooths Brewery 2 13 6 Dunlop Perdriau 0 14 /3 112 9 Goldsbrough, Mort Morris Hedstrbm 14 6 2 1 10J 19 6 1 1 4J Electrolytic Zinc (pref.) Farmers \ • • General Industries Pitt, Son, and Badgery 2 19 0 10 9 14 0 2 0 6 Williams Adams Meggitts Peters Ice Hume Pipe 0 16 9 0 13 6 United Provisions Mick Simmons 0 16 10J Morts Dock •• 0 7 1 Hackshalls 0 16 10i Sargents 14 9 Australia Hotel .. • 18 6 0 16 3 Mount Morgan ... - ; Broken Hill Prop. 2 19 9 Broken Hill South 5 19 0 0 11 1 Larut Tin Katu Tin 13 9 Pungkah Tin 17 9 Kramat Tin 3 5 0 0 3 1 0 18 102 Tavua Loloma • • Commonwealth Bonds— 4 per cent.,' 1938 101 13 9 4 per cent., 1941 102 2 6 4 per cent., 1944 102 5 0 4 per cent., 1947 103 5 0 4 per cent., 1950 101 15 0 4 per cent., 1953 • 101 15 0 4 per cent., 1955 102 1 3 4 per cent., 1957 102 2 6 4 per cent., 1959 102 2 6

MELBOURNE £ 6. d. Commercial Bank of Australia 10 8 National Bank (£5 paid) 7 15 0 Bank of New South Wales 35 15 0 Melbourne Steam 1 11 6 Australian Paper 1 17 0 Electrolytic Zinc .. ■ ,. 1 18 9 Nestles (pref.)' .. 1 14 6 Howard Smith 0 16 9 Mount Lyell 1 14 75 Lbloma 0 19 0