THE STOCK EXCHANGES

Press, Volume LXXII, Issue 21858, 11 August 1936, Page 13

THE STOCK EXCHANGES

INCREASED TURNOVER ‘ ’ , « GENERAL ISSUES LOSE GROUND

DEALINGS COMPLETED

LISTED STOCKS i Sales on 'Change

Sale Reported

125 Woolworths (Sydney, mvi ) 5 15 9 OKU 5 15 6

Banking

Bank of Australasia had business at £ll 16s. Bank of New Zealand were fractionally weaker with sellers ana business at 39s lid. Sellers of Commercial Bank of Australia, preference, reduced their hmits to £9 3s, buyers at £9 Is. Union Bank of Australia were dealt in at £9 9s. National Insurance were easier, witn business at 18s 3d, and further sellers at 18s sd. Unsupported sellers of Standard Insurance reduced their limits to 62s 6d. Goldsbrough, Morts were firmer on buyers offers 3is in. New Zealand Refrigerating, 10s paid, were steady, with sellers and business at 9s 9d, buyers at 9s &d. Dominion Breweries changed hanas at 29s 6d, and Dunedin Brewery at 30s. New Zealand Breweries were firmer on buyers’ offers 52s 3d. Miscellaneous Anthony Hordern advanced to 18s 9d and 18s lOd. and there were further buyers at the higher price, sellers at 18s lid. Beath and Company were fractionally weaker at 24s sd. Broken Hill Proprietary advanced to 735, market closing 72s lid buyers, 73s 3d sellers_the contributing were firmer on buyers’ offers 535. Consolidated Brick were firm bt 9s lOd. Dominion Fertilizers had dealings at 25s 5d and 25s 6d, closing quotations 25s 4d buyers, 25s 9d sellers. Dunlop Perdriau Rubbers were steady at 18s 2d, market closing l<i either way. Electrolytic Zinc, ordinary, were firmer, with sellers ana business at 41s 6d—the preference rose to 42s 7d, buyers staying in at that figure, sellers at 43s Bd. G. J. Coles relapsed to dealings at 80s and 795. Kauri Timber- were firm at 24s 9d., closing quotations Id on either side. Morts Dock, cum dividend, were fractionally firmer at 11s sd. Wilcox Mofflin advanced to 13s Id, and more were wanted at 12s lOd, sellers at 13s 6d. Mining Argo Gold showed little variation, with business at Is B£d. Skippers were firm, with buyers and business at 3jd. Mount Lyells rose sharply to dealings at prices ranging from 29s 7d to 30s, market closing 29s lid buyers, 30s sellers. Mount Morgans were firm, with sellers and business at 14s. Unlisted Stocks Woolworths (Sydney), ordinary, changed hands at £5 15s, £5 15s 6d, and £5 16s, buyers staying in at the highest price, sellers at £5 10s 6d.

AUCKLAND Sales on ’Change

There was a better turnover on the Christchurch Stock Exchange yesterday, but prices were erratic. General issues lost ground, notably Bank of New Zealand, which had sales at less than £2 and finished weak. G. J. Coles were also cheaper.

Buyers. Sellers. £ s. d. £ s. d.

SYDNEY On the Sydney Stock Exchange- yesterday investments were generally strong and numerous advances were recorded In high-class shares. Banking shares were steady. Morning Sales

£ s. d. Lustre Hosiery .. . .. 1 4* 9 General Industries .. .. 019 3 General Industries (pref.) .. 13 9 North Broken Hill .. .. 9 0 0 Zinc Corporation .. 4 13 Larut Tin .. .. 0 11 6 Placer Development .. 5 0 0 Tongkah Harbour Tin .. 017 0 MELBOURNE Bonds and industrials were steady at Melbourne. There was a continued strong demand for Mount Lyells, but gold shares were easier. £ s. d. Commercial Bank of Australia 0 18 4 National Bank (£5 paid) .. 7 0 0 National Bank (£lO paid) .. 14 0 0 British Tobacco .. ~ 2 0 3 G. J. Coles .. .. 4 10 Aust. Iron and Steel (pref.) .. T 6 0 Australian Glass .. .. 4 12 9 Dunlop Perdriau (ord.) .. 018 8 Electrolytic Zinc (pref.) *. 2 4 0 Mount Morgan .. .. 014 0 Mount LyelJ ~ .. no o Broken Hill Prop. .. 3 14 0 Broken Hill South .. .. 514 0 General Motors .. .. 15 6 Herald and Weekly Times .. 3 9 0 Kauri Timber .. .. 15 3 Myer Emporium .. .. 114 10J Yarra Falls ~ ... 2 0 0 United Provisions .. .. 0 13 6

ujulcu x-xuvisiuns .. ~ u id o MINING OKARITO RETURN (PRESS ASSOCIATION TELEGRAM.) DUNEDIN, August 10. The Okarito return is 15oz 15dwt for 126 hours, WAIPAPA BEACH (PRESS ASSOCIATION TELEGRAM.) DUNEDIN, August 10. The Waipapa Beach return is 220z 18dwt. MATAKI (PRESS ABSOCIITIOH TELEGRAM.) AUCKLAND, August 10. The Mataki return for the week ended August 9 was 34 ounces for 136 hours’ work and 8800 yards dredged. PADDY’S POINT (PRESS ASSOCIATION TELEGRAM.) DUNEDIN, August 10. Paddy’s Point wash-up for 15 days was 31oz Bdwt, PRICE OP SILVER LONDON, August 8. Silver is quoted at 19 11-16 d a fine ounce for both spot and forward. PRICE OF GOLD LONDON. August,9. Gold is quoted at £6 18s 4d a fine ounce. Are you thinking of selling your Buyer and Seller is through The business? The quickest route between Press" Classified Advertisements—l2 words Is, 3 insertions 2s 6d. ’Phone 33-358. ~ 8

£ s. d. 100 Bank of N.Z. 1 19 11 100 N.Z. Refrig. (10s pd.) 0 9 9 200 Anthony Hordern .. 0 0 18 18 9 10 50 Broken Hill Pty. 3 13 0 100 Beath and Co. 1 4 5 200 Electro. Zinc (pf., cum div.) (2) 2 3 7 250 G. J. Coles (3) 4 0 0 3 19 0 500 Argo 0 1 8i 500 Skippers 0 0 3 2' 350 Mount Lyell 1 9 7 1 9 8 (2) 1 9 11 Sales Reported 54 Bank of A/asia. 11 16 0 25 Union Bank of Aust. 9 9 0 200 Nat. Insurance 0 18 3 100 Dominion Breweries 1 9 6 300 Dunedin Brewery 1 10 0 100 Consolidated Brick .. 0 9 10 200 Dominion Fertiliser .. 1 1 5 5 6 150 Dunlop Rubber 0 18 2 100 Electro. Zinc (ord. cum div.) 2 1 6 100 Kauri Timber 1 4 9 100 Mount Lyell 1 10 0 50 Mount Morgan 0 14 0 200 Wilcox Mofflin - .. 0 13 0 100 Morts Dock (cum div.) 0 11 5 UNLISTED STOCKS Sale on ’Change 25 Woolworths (Sydney, ord.) 5 16 0

LATEST QUOTATIONS N.Z. Government Debentures Buyers. Sellers. £ s. d. £ #6. d. 3J p.c. Ins., 1939-43 102 10 0 — 3J p.c. Ins., 1933-52 and 1939-52 102 15 0 — 4 p.c. Ins., 1937-40 101 5 0 — 4 p.c. Ins., 1943-46 and 1952-55 105 0 0 4 p.c. Bonds, 1940 101 7 6 4 p.c. Bonds, 1946 105 0 0 — 4 p.c. Bonds, 1955 105 2 6 — Rural Bonds, 5 p.c., 15/9/47 102 0 0 *— Banks Adelaide (£5) 5 10 0 6 0 0 Australasia (£5) —- 11 18 6 Comm, of Aust. (10s) 0 17 11 0 18 0 Comm, of Aust. (pf.. £10) .. 9 1 0 9 3 0 Comm, of Sydney (£12 10s) 20 0 0 — E„ S., and A. (£3) .. 5 13 6 6 0 0 Natl, of A’asia (£5pd.) 6 18 0 6 19 3 N.S.W. (£20) 32 10 0 32 17 6 New Zealand (£1) •• 1 19 6 1 19 11 Union (£5) 9 a u Insurance National (6s) 0 18 0 0 18 5 New Zealand ( £ 1) . ■ 3 0 0 — South British (£1) •• — • 4 10 6 Standard (ciom div., £1) — 3 2 6 Loan and Agency Dalgety and Co. (£5) 8 10 0 8 19 0 Goldsbrough, Mort (£1) 1 11 1 1 11 4 Invincible Building Soc. (£5) 4 5 0 4 17 0 N.Z. Guar. Corpn. (3s) 0 5 8 0 5 9 N.Z. Loan and Merc. (ord., £100) 32 0 0 — Permanent Invest (£10) — 10 5 0 United Building Soc. (£1) —- 1 2 0 Wright. Stephenson (pf.. £1) — 0 18 9 Slapping P. and O. Deferred Stock (£1) 1 7 0 1 9 0 Union (prel, £1) 1 6 0 1 7 7 Frozen Meat Canterbury (£7 lOspd.) — 9 5 0 Gear (10s) — • 0 19 6 N.Z. Refrig. (£1 paid) 0 19 6 — N.Z. Ref rig. (10s paid) 0 9 8 0 9 9 Woollens Camaru (£1) — 1 0 6 Bonds Hosiery (£1) .. 0 17 0 1 1 0 Kaiapoi (17s paid) 0 14 6 0 15 3 Kaiapoi (7s paid) 0 6 0 0 6 3 Kaiapoi (pf., 17s) Coal 0 18 3 0 18 9 Westport (10s) I 3 3 — Stockton (10s) 0 1 6 0 1 9 Stockton (pf., 10s) 0 2 5 0 3 3 Gas Auckland (£1) — 1 4 3 Christchurch (£ 1) 1 10 0 1 10 4 Christchurch (10s paid) 0 14 6 — Breweries Dominion (£1) — 1 10 0 Montieths (£1) 0 14 0 — New Zealand (£1) 2 12 3 a 12 4 Staples (£1) .. 1 11 0 Timaru (In liadn., ex • distrib., 10s) 0 2 11 0 3 3 Miscellaneous Anthony Hordern (£1) 0 19 10 0 18 11 Aust. Glass (£1) 4 11 3 4 11 11 Beath and Co. (£1) .. 1 4 0 1 4 e Beath and Co. (Is pd.) — 0 5 6 British Tobacco (£1) 1 19 3 2 0 0 Broken Hill Pty, (£1) 3 12 11 3 13 3 Broken Hill Pty. (15s < paid) 2 13 0 2 13 6

Canterbury Farmers’ Co-op. (25s paid) .. 0 12 0 1 0 0 Canterbury Farmers’ Co-op. (pf., £2 10s) 1 17 0 — Colonial Sugar (£20) 43 5 0 Consol. Brie* (£1) .. 0 9 8 0 9 11 Dominion Build. Supplies (IQs) 0 5 6 Dominion Fert. (£1) 1 5 4 1 5 9 Dunlop Rubber (£1) 0 18 1 0 18 3 Electro. Zinc (ord;, cum div., £1) 2 1 0 2 1 6 Electro. Zinc (pf., cum div., £1) 2 3 7 2 3 8 General Indus. (12s 6d) — 0 19 6 General Motors-Holdens .(pf., £D 1 2 9 G. J. Coles (£1) 3 18 9 3 19 3 Greater Crystal Palace (£1) 0 7 6 — Henry Jones Co-op. (£1) —. 2 3 3 Hume Pipe (Aust.) (£1) 1 0 7 1 0 10 Kauri Timber (25s) .. 1 4 8 1 4 10 Mason Struthers (10s paid) 0 5 11 0 8 0 Morris Hedstrom (£1) 1 5 0 — Morts Dock (£1) N.Z. Farmers’ Co-op. 0 11 3 0 11 0 (£2 10s paid) N.Z. Farmers’ Co-op. 0 12 6 0 18 6 (10s paid) .. 0 0 8 0 i 0 N.Z. Farmers’ Co-op. (A pf., £4) N.Z. Farmers’ Co-op. — 2 12 0 (B pf., £4) 1 19 0 —- N.Z. Farmers' Co-op. (44 p.c. stock, 1939, £100) — 92 0 0 N.Z. Farmers’ Co-op. (4J p.c. stock, 1945, 0 £100) — 92 0 Procera Bread (10s) 1 8 0 I 9 9 Quill. Morris (1936) (£1) 0 18 4 — Urlwins (pf., £1) Whitoombe and Tombs 1 2 0 5 0 (£2 10s paid) — 3 Wilson’s Cement (IDs) 0 12 10 0 13 6 Woolworths (N.Z.) 6 (ord., £1) .. 5 i 0 5 0 Woolworths (N.Z.) (pf., (£1) 1 15 9 1 17 6 Woolworths • (Sydney) 9 6 6 (2nd pref., £1) 1 5 1 Mining 64 Arthur's Point (Is) .. 0 0 Alexander (£1) 0 13 6 0 Alexander (15s paid) 0 13 Antonio’s Hydr. (Is) 0 0 64 Aotearoa (Is) 0 0 6 Argo (Is) 0 1 9 Barry town (15s pd.) 1 5 1 1 8 0 Big River (Is) 0 2 0 3J Brian Boru (Is) 0 0 3i 0 0 Gillespie’s Beach (Is) 0 1 24 0 1 4 Golden Sands (Is) .. 0 2 0 Kildare (5s) 0 2 7 King Solomon (Is) .. 0 o iii 0 1 24 Lawson’s Flat (Is) .. 0 0 24 0 0 6 Maerewhenua (Is) ,. 0 0 24 0 0 24 Maori Gully (Is) 0 0 7 0 0 9 Martha (5s) 0 17 4 0J Nevis Diesel Elec. (Is) 6 0 0 Nokomal (5s) 0 i 0 2 2 Nemona (Is) 0 i 6 0 1 10 Skippers (Is) 0 0 34 0 0 3* Stafford Sluic. (Is) .. 9 0 0 2| Waimumu Sluic. (Is) 0 0 0 0 U Worksop Ext. (cum 0 div., Is) 2 1 Australian Mining Mount Lyell (£1) .. 1 9 11 1 10 0 Mount Morgan (2s 6d) 0 13 11 0 14 0 Upper Watut (5s) ,. 0 6 1 U 0 4 I.-owat (2s 6d) 0 2 6

UNLISTED STOCKS All transactions In stocks quoted in this section are subject to a different rate Ol brokerage from listed stocks. ana are not quoted on the official list. £ s. d. £ s. d. Anderson’s, Ltd. (p£.) — 0 19 9 Assoc. Motorists Petrol 1 5 0 1 7 0 Alloy Steel <N.Z.) .. — 1 0 3 Canty. Roller Flour .. 0 5 0 — Christchurch Press .. 8 0 0 — Apex Mills Emperor Fiji 0 13 5 U ID 0 14 0 6 Jones Nevis — V V 6 National Tobacco 3 3 0 —•* New River .. — 0 0 9 N.Z. Mining Invest. .. — 0 0 8 N.Z. Perpt. Forests 2 13 10 Z 19 0 N.Z Perpt. Forests (4s paid) Selfrioges (A’sia), old 1 4 3 0 1 9 6 9 0 Selfridges (new) 1 4 0 1 6 0 Tiproff Seal •— Z ID 0 Shillings, Ltd. (12s 6d paid) 0 13 0 U 10 9 Thyrodone Develop. — z Z 6 Westland Breweries (£1 paid) 1 7 0 —■* Westland Breweries (10s paid) 0 14 0 — White's Electric 0 0 9 0 U 1U Woolworths (Sydney, ord.) 5 16 0 5 16 6 Woolworths (W. Aus.) 5 14 0 5 19 0 Silknlt 2 0 0

Bank of New South Wales (2) £ s. d. 32 IS 0 Bank of New Zealand 2 0 0 Renown Coal , , 0 13 0 Auckland Gas (odd lot) • . 1 3 10 Kauri Timber • . 1 4 10 Leyland, O’Brien • . 12 9 Dominion Breweries •• 19 3 19 6 Broken Hill Pty. 3 13 3 Bycroft (odd lot) Farmers’ Trading (8) 2 0 0 0 18 11 G. J. Coles , • 3 19 8 Milne and Choyce (de£. stock) 0 14 6 Robinson Ice .. . . 12 0 Woolworths (N.Z.) 5 7 0 5 7 6 Golden Crown (2) 0 4 9 Golden Dawn .. . . 0 3 0 King Solomon 0 1 01 Martha • . 0 17 10 Mount Lyell •• 19 6 19 9 Mount Morgan (3) 0 14.0 0 14 1 Unofficial List Auckland Trotting Club, 6i p.c., 101 5 0 1939-44 Woolworths (Sydney) 5 15 6 5 16 0 Woolworths (West Aust.) 5 16 6 WELLINGTON Sales on ’Change £ S. d, 12 8 Leyland, O’Brien (late Sat.) Bank of Australasia , , 11 16 0 Bank of New Zealand (2) 2 0 0 N.Z. Guar. Corpn. 0 5 8 N.Z. Refrig. (10s paid) • 1 0 9 8 Broken Hill ,. , , 3 13 4 Hume Pipe •• i. 0 9 DUNEDIN Sales on ’Change £ s. d. National Bank of N.Z. • • 3 3 0 N.Z. Refrig, (cont.) • . 0 9 9 Colonial Sugar •• 42 17 6 43 0 0 D.I.C. (pref.) # , 14 0 Milburn Lime Gillespie’s Beach . , 2 3 6 • . 0 1 2J King Solomon • • 0 0 HI

Commonwealth Bonds— 32 per cent., 1951 .. 98 10 0 4 per cent., 1938 101 10 0 4 per cent., 1941 101 12 6 4 per cent.. 1950 102 15 0 Commercial Bank of Australia 0 18 n New Zealand Insurance 3 1 6 Tooth’s Brewery 2 13 9 British Tobacco •2 0 3 Broken Hill Prop, (new) 2 14 0 Electrolytic Zinc 2 1 0 Goldsbrough, Mort 1 11 9 James Stedman 0 19 U Afternoon Sales Colonial Sugar Bank of New South Wales 43 5 0 33 5 0 Commercial Bank of Sydney Associated Newspapers (pf.) 20 8 0 1 3 9 Tooth’s Brewery Toohey’s 2 13 6 1 13 6 Drug Houses of Australia 1 10 4i Wilcox. Mofflln 0 12 11 Greater J. D. Williams farmers 0 7 1 11 9 9 David Jones 2 7 3 Electrolytic Zinc 2 1 ft Anthony Hordern .« «• 0 19 9