THE STOCK EXCHANGES

Press, Volume LXXII, Issue 21907, 7 October 1936, Page 11

THE STOCK EXCHANGES

FAIR VOLUME OF BUSINESS

WELLINGTON ALLUVIALS ACTIVE

DEALINGS COMPLETED

Government New Zealand Government 4 per cent, stock due 1940 changed hands at £lOl 17s fid and £lOl 15s. and more was offered at the lower prices; the 1955 stock was firm with buyers and dealings at £lO5 15a. Christchurch Drainage Board 4 4 per cent, debentures, due 1963, had Business at £lO6 10s. Bank of New Zealand were firmer with buyers and business at 39s 2d. National Bank of Australasia £lO paid were firmer on buyers’ offers, £l4 4s 6d. New Zealand Insurance were easier at 60s, and more were offered at 60s sd, buyers at 59s 9d. New Zealand Refrigerating fully paid remained unaltered with sellers and business at 19s—the 10s paid had dealings at 9s Id and 9s 2d, buyers staying in at the higher price; sellers at 9s 3d. Anthony Hordern were easier with sellers at 18s 3d. Australian Iron and Steel preference had dealings at 25s 9d. 25s lOd and 25s lid, and more were offered at the highest price; buyers at 25s XOd. British Tobacco appeared easier with dealings at 42s lid and 435, market closing 43s buyers. 43s 3d sellers. Broken Hill Proprietary were fractionally weaker with business at 77s 3d, and further sellers at 77s 2d, buyers at 77s Id—the contributing were firmer on buyers’ offers, 57s 3d —the rights to Wellington Alluvials showed an easing tendency at prices ranging from 2s 5d to 2s 2d, closing quotations 2s Id buyers, 2s 3d sellers. Dunlop Rubber were weaker with sellers and business at 16s lOd. Electro. Zinc ordinary were firmer with dealings at 43s 6d, and further buyers at 43s 7d. sellers at 44s—the preference changed hands at 45s lOd and 45s 9d, and more were offered at the lower price; buyers at 45s Bd. G. J. Coles cum div. and ex rights eased to 76s 9d, market closing 78s lOd buyers, 77s sellers. New Zealand Newspapers were firm at 40s. Victoria Nyanza had business at 12s fid and there were further buyers at that price, sellers at 15s. Alexander Mines 15s paid were dealt in at 14a 3d and more were wanted at 14s 4d. Big River were firm with buyers and business at Is lid. Brian Boru moved up to 4.1 d and 4id, market closing 4id buyers, 4Jd sellers. Maori Gully were steady with sellers and dealings at 7d, buyers at 6jd. Mount Morgans were fractionally firmer at 14s 4d and 14s sd, market closing 14s 4id buyers. 14s 5d sellers. Unlisted Stocks Selfridgea Australasia were firmer with buyers of the old issue at 28s 6d and the new issue at 28s. Buyers of Shillings, Ltd., moved up a point to 17s 7d. Woolworths were stronger with buyers at £5 7s 6d. Mount Cook Tourists had business at ss, market closing Is either way.

LATEST QUOTATIONS

There was a fair volume of business on the Christchurch stock Exchange yesterday, with dealings well spread, Some mining issues were active, notably Broken Hill rights to Wellingteon Alluvials, and Mount Morgans. Bank of New Zealand showed some recovery..

CANTERBURY MAMETS

POTATOES AGAIN WEAKER

NORTHERN ENQUIRY LIFELESS

Cn OS» COWHBWUJ. «W*0»1

RANGIOBA

Tuesdfty Evening. Potatoes, which weredull of last week, are now ever, and business has been practically at a standstill. The heavy sMpagto to the northern markets t»ve reduMd tne decilion huj«t b«n m»4e overUw projected shipment tfi South and unless this ship®* o * the market here is likely to ranw weak. Quotations are and what purchases have gone through have been made at varymg prm» Whites are worth £4 to £4 os, ana Dakotas 15s more on trucks. Shipments from Lyttelton this year to September 3, and last year to September 5, have been as follows:

1935. 1938. Sacks. Sacks. Auckland . - 115,820 93,799 Wellington - 57,468 67,434 Napier and Gisborne 31,004 30, *3O West Coast NX 62,511 ' 52,202 "ISSf*"** 667 I.UO

267,470 245.345

South American shipments from Lyttelton have accounted for the equivalent of a further 80,000 sacks. To September 30, shipments from TSmaru m 1936 were 145,117 against 128,454 in 1935 The other markets remain quiet, though there has been a rather better demand for prompt fowl wheat. A moderate turnover keeps up m small seeds. Quotations

The following are the prices quoted to farmers, on trucks, at country sidings. unless otherwise indicated;— Wheat—Milling graue, iuscan 4s Sid, Hunters 4s Hid, Pearl 5s lid, good whole fowl wheat, prompt, 4s 310. Lo.b.; i undergrade, to 4s 3d, f.o.b. I Oats —A Cartons to 2s 7d. B Cartons 2s 3d, Algerians to 2s Id, Duns 2s 6d. Ryegrass—Perennial 2b 3d; Italian to Is 9d. Cocksfoot —Plains 6d to <d, Akaroa 7d to 8d per lb. Cowgrass—6d per lb. White Clover—7d to 9d per lb. Chaff—£2 15s a ton. Barley—Feed 2s 3d to 2s 4d a bushel. Potatoes—White £4 to £4 5s a ton; Dakotas £4 15s to £5 a ton. Peas—4s 6d to ss. ■ Pollard—Large £5 15s a ton. small £6 ss. Bran—Large £4 15s, small £5 3s.

AUCKLAND

ITHE PSXSS Special Service.]

AUCKLAND. October 6.

The only notable change in the grain and produce markets since the last report has been an easing in the price of potatoes. Substantial shipments have come to hand from the south, and were it not that consumption remains at a high level, a greater decline in prices would have occurred. As it is, the price is from £1 to £1 10s a ton lower than it was a week ago. Quotations are:—Table white £8 17s 6d, red £9 7s 6d.

Quotations for horse feed are unchanged. Oats are very firm in the south, and B Cartons are still selling locally at 4s 5d a busheL The demand for chaff at £8 7s 6d a ton shows signs of easing off, as is usual at this time of year. Maize is unchanged m price, but at 6s lid a bushel it does not enjoy a ready sale. Barley prices are unaltered. A good demand continues for pollard and bran at late rates. The market for onions is now chiefly dependent upon Canadian importations. which are of excellent -quality, and sell at 15s 0d per 1001b.

FRENCH AND AMERICAN EXCHANGE

LONDON, October 5. United States and French Exchange closed to-dav at; —Dollars 4.92 j, francs 105 i to £1 sterling.

NEW YORK TIN

NEW YORK, October 5, Tin is quoted at 45.65 cents per lb.

PRICE OF SILVER

LONDON, October 5. Silver is quoted at 20 l-10d a fine ounce for both spot and forward.

SYDNEY

On the Sydney Stock Exchange yesterday the feature of the market was the srong buying pressure for Zinc Corporation " shares which touched 91s. These shares have advanced nearly 10s In a few days. The investment market was firmer.

MELBOURNE

The bond market was easier in Melbourne. but industrials were firm. Zinc Corporation made a record price. Gold mining shares were about steady. Sales

STOCK MARKETS

Except In the pie section. where an improvement *■ shown an. ww« prices were eealer at tte wedgy ***** market at Baagioea yeeterday. There, waa a good entry et cattle and those of snoep and piles were medhwn. Fbt **«• from ate to *te Wd, ewe* and Umb* ±m counted) from Ite to 17s 14. and wetter ’ hoggets from 23* fid to 2Ss- In thecattle: market. best springers realised fri«h *p IDs to £7 Ss. and aged from a te toft Springing heifers varied from fl> to » Sa, while yearling heifer* made O and store cows Ct Ms. . . „ Sows in pig made to ft, hoc oners to £3 7s fid. good porkers to fite «d, and medium to 37s fid. Medium atoms ranged to Ms W- Good woanera nriM up * 2ls M. medium typos from Ififi to lls W# and Inferior sort* to CSs fid. ASHBURTON prices realised at the Ashburton etefifr sale yesterday were on a par with laat week’s ratjs at Tinwald. There was a large yard ag of sheep, all being in gooo condition. Competition was keen. «*coit Brothers (Ashburton) topped the market when they obtained 33s id for two prime wethers i ad 33s Id for two more. The bes. mice for fat ewes was 32s lOd obtained for four sold on behalf of W. H. Corbett (Drome re). The principal sales were:— Fat Hoggets—On account of Kennedy* Estate (Greenatreet). 9 at 17s-, Id; C- FFrampton (Wakanui). « at 29a 7d to 32s 7d v Fat Wethers—On account of Kennedy's Estate (Greenatreet), 23 at 19a 7d to 20a lus; J. H. Patterson (Huapuna), 1 « 3» 3d - Nicoll Bros. (Fairton), 6 at 27s fid to 3te id; A. Dynes (Seafield). 2 at 30s 4d; R. A. Dunkiey (Winchmore), fi at 2os 7d; Mrs B. M. Begg (Wakanui), ♦ « 29s 7d; Leadiey’s Estate (Elgin), ‘ (shorn) at 22s id, 8 at 31s Id; client. 2 at aus Id, 1 at 31s 34. Fat Ewes—On account of Mrs E. ML Begg (Wakanui), 8 at 23s fid to 29s 7d; J. K. Patterson (Ruapuna), 31 at 2us 7d to 29s Td; H. C. Barton (Carew), 3 at 28s lOd to Ms 3d; Nicoll Bros. (Fairton), i 5 at 25s 70 to 29s lOd; W. H. Corbett (Dromore). 12 at 27s lOd to 32s lOd; X. Kennedy (Greenstreet), 1 at 27s fid; H. Dynes (Seafield), 23 at 20s 7d to 29s Id: E. B. Newton (Ashburton). 19 at 22s 4d to 28s Id; Mrs MA. Ashton (Lismore). 8 at 17s fid: F. Bebbington (Winchmore), 8 at 2fis lOd to 29s 7d: R. A. Dunkiey (Winchmore). 3 at 28s 7d: Clemens Bros. (Barrhiil), 8 at 29s 10d, i H ’ J Wilson {Dromorel, 24 at 22s lOd to 31a fid; Mrs E- M. Begg (Wakanui), 3 at 27s Id; C. Whiting (Hinds), 9 at 17s Id to 17s 70; D. M. Bruce (Lowciiflej. 6 at 3fis Id to 29s 7d* Stores —On account of J- C. Heseltine (Winchmore), 31 ewes and 3fi lambs at 12b id' clients, 40 ewes and 43 lambs at Hs 8d; estate G. W. Leadley (Elgin). 18U wether hoggets at 20s, 100 ewe hoggets at 27s fld, 30 at 28fi fid. There was a fair yarding of cattle, fat cows realising from £4 to £8 17s, fat heifers £3 15s to £7 7s. Four steers realised £3 2s Bd. In the store section cows in profit sold at £1 6s to £3 15s, while springing heifers realised £3 I7s fid and £4. PLEASANT POINT There was a slight drop in prices to ail departments at the fortnightly stock sale held at Pleasant Point on Monday. In the fat cattle section there was an entry of approximately 90 head, and values eased by- about 20s. The quality was only moderate. The values were:—Fat steers £8 17s fid to £lO 12s fid, fat heifers, best £7 to £8 2s fid, medium £4 7s fid to £6 2s fid, light £2 7s fid to £3 17s fid fat cows, beat £7 17s 6d to £9 17s fid. medium £5 17s fid to £8 17s fid. light £3 to £4 2s fid, runners £2 15s to £4 17s fid; Cows and runners to £5 7s fid. The store cattle entry was not a large one, and values were on a par with late rates. Sales were:—Eighteen month steers £3 2s fid to £4, empty cows to £3 Jvs, bulls to £4 15e, three-year steers to £* 12s fid. Although the quality in the data! cattle section was not good, the market was slightly easier:-Cows to profit to £8 12s fid, springing cows to £5 15s, springing heifers to £4 12s fid. The pig market showed no change on tote values, prices being: Weaners lls to 14s, slips 15s to 18s, store pigs to 245. Two races of fat sheep were on olTer. Butcnera were not keen buyers, values being back by 2s fid a heed. Values were;— Fat wethers. beat 32s to 33* Wd. medium 28a to 30s 4d, medium light 24s lOd to 25s Wd; fat ewes, best 27s 4d to 30s fid, medium 22s to 25s 4d, light 18s to 20s; fat wethers shorn 2ls Id to 23s fid. About 12 pens el. store sheep were offered to buyers, the entry including* wether and ewe hoggets as well as ewes and lambs. Owing to the dry weather the sale was back by about Is fid a bead. The range was;— Ewe hoggets 23s 7d to 31s 3d, wether hoggets 13s to 21s 3d. ewes and lambs Ha to Ifis. LORNEVILLE (rasas sssocxatio* mtom.i INVERCARGILL, October 8. Prices for fat sheep eased by about Is 6d a head and those for fat cattle about* 15s a head at the weekly Lornevtlle stock sale, to-day. Yardings. particularly that of fat sheep, were big, but there was little outstanding quality. The interest o. one or two northern buyers steadied an uncertain fat sheep market, which would otherwise have dropped much more. The fat cattle entry was a big one, and included more bullocks than have been yarded for some sale* past. There were practically no prime quality heavyweight cattle penned. Good quality bandy-weight bullocks brought from £ll 15a to £l2 15s, lighter weights from £L to £ll. and unfinished from £8 to £9; good quality cows realised from £9 5s to £lO ss, medium quality from £7 15s to £8 Ite, poorer quality from £9 to £7, and inferior down to £4; good quality handy-weight heifers brought from £8 10s to £9 7» fid, lighter weights from £7 5a to £B, and unfinished from £5 Ite to £8 Ite. The fat sheep yarding was the biggest for at least a month, wethers being particularly plentiful. Most of the yarding was of medium quality. The market was

firm at the atari, but fell away and did not recover fully- Prim* heavy brought tep to 37s M. medium-weight* from 99a 9a to teteWß* about 30s, and smaller and wnfiditted W «d to 27* «d; prime heavy ewes brougbt up to 325. prime memmn-wtigm worn 28a fid to 3k, medium quality from Sfia «d to 2te fid. lighter Ite fid to 2te,'Sted poorer aorte down to 13a.

COMPANY NEWS

SOUTH BRITISH WBUBSHCa

(mans iseecrsvwr ursaanw) APCKLAND, October The directors of Hie Sooth BfltWl Insurance Company, Ltd-, have HUB* 44 a share, making 2s Mt bhase the year coded Aapat 3S.

ARAHURA DAUET COUPANT

sue per cent, mvmmm PAID

The thirty-Arat annual meeting of Hie Arahura Dairy Ccofiiny, Ltd_waa held at Hofcitika. TJte rstfeiag dirao tors, Messrs Bernard Ward and J, mag* were re-elected and .Mr H. Wild was re-elected auditor. Mr Ward waa elected chairman fog the thirty fiMCTId year. ■ It was reported that the bolter wv>duecd for* the. season vn SB 'lap* ificwt, being a ihmtii of S tena trot on dm fweviooa year's eotem*. The cfaeirman resorted Wat dtey had been able to pay Hie nanat t per cepL dividend.

dollar market batbs

The Associated Hawke (otter fins the Bank of New Smith Wales) quoted tta following deilar rata*' yeateeday <ns a Mow Zealand currency baste Tbay mm aOteaa* to' alteration without notice >~ riSA. Del. Dei. Selling— T.T. .. 3JB| AM OD. .. - 3M| AMI Buying— T.T. ~ SM| SMS OD. .. SMC SMI

LISTED STOCKS Sales on 'Change £ s. d. £500 N.Z. Govt. 4 p.c.. Ins., 1937-40 101 17 6 101 15 0 100 Bank of New Zealand 1 19 2 400 Aust. Irou and Steel i.prel) *3) I 1 5 5 9 10 1 3 11 100 British Tobacco 2 2 11 2 3 0 50 Broken Hill Propty. 3 17 3 1305 BroKen Hill Propty. (rights to Wellington Ahuvials) 0 2 3 (2) 0 2 4 (3J 0 2 3 0 2 4 '.31 0 2 3 < 25 0 2 2 100 Dunlop Rubber 0 16 10 100 Electro. Zinc (ordn <2t •> 3 6 130 Electro. Zinc ipref.» 12) 5 10 i) 100 Victoria Nyanza 5 12 6 50 Alexander Mines '15s paid) 0 11 3 400 Big River 0 1 II uoo Brian Boru 0 0 4. 0 0 4. 700 Maori Gully 0 0 7 550 Mount Morgan 'O' 0 14 4 0 14 5 Sales Reported £1335 N.Z. Govt. 4 p.c„ Ins.. 1932-55 <2» 105 15 0 100 N.Z. Refng. (£1 pd.) 0 19 0 300 N.Z. Retrig. (10s pd. > 0 !> 1 (2) 0 9 2 200 Broken Hill Propty. (rights to Wellington Altuvials) ‘ 2 > 0 2 5 30 G. J. Coles 'cum div. and ex rights) 3 16 9 £300 Christchurch Drainage Board, 4i p.c.. 30 6/63 106 10 0 50 N.Z. Newspapers •> 0 0 50 N.Z. Insurance 3 0 0 UNLISTED STOCKS Sale Reported 200 Mount Cook Tours 0 5 0

Buyers. Sellers. £ s. d. £ a. d N.Z. Govt. Debentures 3i p.c. Ina.. 1941 102 0 n — 4 p.c. Xns„ 1937-40 .. 101 12 6 101 15 0 4 p c. Ins., 1943-46 — 104 5 0 4 p c. Ins.. 1946-49 105 0 0 — 4 p.c. Ins , 1952-55 105 15 0 106 0 0 4 p.c. Bonds 1940 101 17 6 — 4 p.c. Bonds, 1946 104 0 0 — 4 p c. Bonds. 1955 1C5 15 0 — Other Debentures Ch.Ch. Drainage Board. 41 p.c.. 30/6/63 105 10 0 107 10 0 N.Z. Refrig.. 41 p.c.. 1940-45 101 3 0 — Banks Australasia (£5) 11 15 0 Comm, of Aust. (IDs i 0 18 3 0 13 5 Comm, of Sydney (£12 10s) 5 14 0 5 15 6 Natl, of A/asia. (£10 paid.' 14 4 6 — Natl. of A/asia. (£3 paid) 7 1 6 7 2 6 Natl, of N.Z. (£2 10s) — 3 0 6 Union (£5) 9 a 0 9 U 0 N.S.W. (£20 32 10 0 32 15 0 New Zealand (£1) 1 19 2 1 19 5 Insurance National ( 7.- paid ) 0 18 a 0 13 11 Merc. Mutual Ufls pd.) 1 10 0 New Zealand (£1) .. 2 19 9 3 0 3 United i£5) 10 0 0 — Loan anil Agency Ch.Ch. Build, Soc. (£10) 15 10 0 Dalgety and Co. (£5) 3 1-1 0 9 2 6 Goldsbrough, Mort i £1) 1 13 5 I 13 7 Natl. Mort. (A, £2) ., _ 2 10 0 N.Z. and River Plate (£1» 0 14 4 — N.Z Guar. Corpn. (cum div.. 3s) 0 5 5 0 5 7 N.Z. Loan and Merc. (ord.. £100) 34 0 0 36 0 0 Perm. Invest. (£10) 9 5 0 10 2 6 United Build. Soc. (£1) 0 19 6 1 1 0 Wright, Stephenson (pref.. £1' — 0 19 0 Shipping Adelaide (£1) — 1 a 9 New Zealand (pf., £10) 11 0 0 — P. and O. Def. S tock (£1) 1 11 0 — Promt Meatfi Cantby. (£7 10s pd*) » s a 9 IS a Gear (iOsV 0 13 0 0 18 9 N.Z. Refris, (£1 pd.) 0 18 9 0 19 0 N.Z. Refrig. (10s pd.) 0 9 2 0 9 3 Nth. Cant. Freez. (£3 paid) — 1 17 0

Buyers. Sellers. £ s. d. £ s. d. Woo lie ns Bonds Hosiery (£1) — 0 19 U Kaiapoi (17s paid) .. 0 14 6 0 14 u Kaiapoi (7s paid) 0 5 3 0 6 0 Kaiapoi (pref.. 17s) .. — 0 18 6 Coal Westport (10s) 1 2 3 ' Stockton (10s i 0 1 3 0 1 8 Stockton (pref., IOsj 0 2 U 0 3 3 Breweries New Zealand (£1) .. 2 11 3 2 11 8 Staples (£1) 1 13 0 1 14 6 Timaru (in iiqdn., 10s) 0 2 9 0 93 0 Miscellaneous Amalga. Wireless (con.. cum div., 14s paid) — 2 1 6 Anttiony Hordern (£1) 0 18 1 0 18 3 Cash Orders Amalg. (12s paid) 1 3 6 1 4 8 W. R. Carpenter <^X) 2 1 6 — Aust. Glass (£1) 4 13 3 4 13 6 Aust. Iron and Steel (pref., £1) 1 5 10 1 3 11 Beath and Co. (cum div., £1) 1 I 0 1 2 0 Beath and Co. (pref., 1 cum div,. £1) 1 2 6 1 3 0 1 Booth. Macdonald i p£„ | £1) 0 3 I — British Tobacco (£1) 2 3 0 2 3 3 I Broken Hill Prop. (£1) a i7 I 3 17 2 I Broken Hill Prop. (15s i paid) 2 n 3 3 17 4 Broken HU! Pty. (rights to Wgtn. Aliuviais) 0 3 1 0 2 3 Canty. Farmers’ Co-op, i 25s paid i U 15 0 0 18 6 Canty. Farmers’ Co-op. (pref., £2 10s) 2 li 6 Claude Neon ( Victoria i, , £11 2 2 0 2 3 0 : Colonial Sugar (£20 1 .. 43 2 d 43' 5 0 i Consol. Brick, i £1 1 .. 0 9 7 0 9 S i Dunlop Rubber (£1» 0 16 9 0 18 10 Electro, Zinc. (ord.. £1 * 2 3 7 2 4 0 j Electro. Zinc tpf.. £1) 2 5 8 2 5 9 Gen. Indus f 12s 6d) .. — 0 19 5 General Motors-Hol-dens (pref., £1) 1 £ 9 I 3 9 Glenmore Brick and Tile (16s) — 0 7 6 G. J. Coles (cum div.. j and ex rights. £1) .. 3 16 10 3 17 0 ! G. J, Coles (rights) I 14 8 1 14 10 j Hay's, Ltd. (15b pd. cum div.) 0 16 0 0 18 0 i Hay’s, Ltd. (£1 paid, ! cum div. i 1 2 0 — i Howard Smith (£1) 0 18 0 0 IS 3 ! Hume Pipe (Aust.), ; (£D 0 18 8 0 18 10 i Kauri Timber (25s) 1 4 4 1 4 7 ; Milburn Lime (£1) — 2 1 5 ■ Morts Dock (£1) 0 11 0 0 11 10 j N.Z. Drug (£2) 3 14 6 — N.Z. Farmers' Co-op. I (£2 10s paid) — 0 19 0 1 N.Z. Farmers’ Co-op. | (10s paid) 0 U 3 0 1 0 1 N.Z. Farmers’ Co-op. i (A pref., £4) — 2 6 6 1 N.Z. Farmers’ Co-op. i (B pref.. £4) — 6 | N.Z. Farmers’ Co-op. i (4) p.c. Stock, 1340. | £100) — 92 12 6 | N.Z. Farmers’ Co-op. i (4j p.c. Stock 1939 1 €100) 92 a 0 93 0 0 ' N.Z. Farmers’ Co-op. I (4J p.c. Stock. 1!H5. £100) 92 0 0 — ! N.Z. Newspapers (El) I 19 9 2 1 0 i N.Z. Paper Mills (£1) 1 6 9 1 8 0 i procera Bread 110s) .. — 1 10 0 1 Quill. Morris (1936, £1) 0 17 0 — i Taranaki Oilfields (24s j 6d) 0 1 4 0 2 3 Victoria Nyatiza (£2) .. 0 12 6 0 15 0 Whitcombe and Tombs (£2 10s paid) 3 0 0 3 3 0 Wilcox. Mofflin (£1) .. 0 10 9 0 11 2 Wilson’s Cement (10s) — 1 IS 9 Woolworths (N.Z.), (ord.. £1) 5 3 6 — Woolworths (Viet.). (pref.. £1) — 1 10 0 Mining Arthur's Point I Is) .. — 0 0 CJ Alexander (£1) — 0 18 0 Alexander (13s pd.» 0 14 4 0 14 8 .Antonio’s Hydr. (Is) 0 0 5 — Argo (Is) 0 1 8 0 1 10 Barfvtown (ISs paid) 1 7 9 1 0 0 Big River (Is) 0 1 11 0 1 XIJ Blackwater (£1) — 1 14 0 Brian Boru (Is) 0 0 44 0 0 4J Central Shotover (Is) 0 0 2 0 0 4 Gillespie’s Beach (Is) 0 1 4 0 1 8 Golden Dawn (5s) .. 0 2 0 — Goldfields Dredg. (Is) — 0 0 3 Maerewhenua (Is) .. 0 0 21 0 0 5 Lawson’s Flat (Is) .. 0 0 0 0 2i Maori Gully (Is) 0 0 «1 0 0 V Martha (cum div., 5si 1 0 0 — Moonlight Goldfields (Is) 0 0 10 0 1 3 Mossy Creek (Is) 0 1 3i 0 1 5 Nokomal (5s) 0 0 11 0 1 11 Nemona (Is) 0 1 5 0 1 7i Skippers (Is) 0 0 3* 0 0 4 Waihi Gd. June. (2s) 0 3 4 — Walmumu Slulc. < Is) — 0 0 9 Worksop Extend. (Is) — 0 1 10 Australian Mining Mount Lyell (£1) 1 9 7 1 9 3 Mount Morgan (2/6) 0 14 *i 0 14 5 Rawang Tin (10s) .. 0 9 0 0 9 3 Sulphide Corpn. (£1) 0 16 0 0 16 9 Zinc Corpn. (£1) 4 4 0 UNLISTED STOCKS All transactions in stocks quoted in this section are subject to a different rate OX brokerage from listed stocks and are not quoted in the official list. Buyers. Sellers. £ s. d. £ s. d. Andersons, Ltd. (pf.) 0 17 0 0 19 3 Ben Ledi (Is paid) .. — 0 0 2 Canty. Roller Flour .. 0 0 24 0 0 3 New River 0 0 8 0 0 ai N.Z. Perpet. Forests 2 12 6 — N.Z. Perpet. Forests (4s paid) .. 0 13 0 Mt. Cook Tours 0 4 0 0 6 0 Selfridges (A/asia) (old) X 8 S 1 9 9 ~elfridges (A/asia) (new) 1 8 0 1 9 6 Shillings. Ltd. (17/6pd.) 0 17 7 0 17 9 Were’s Invest. Trust 0 5 10 0 6 2 Were’s Invest. Trust (rights) 0 0 11 0 1 0 White's Electric 0 0 9 0 0 10 Woolworths (Sydney) (ord.) 5 7 6 5 a 6 Woolworths (W.A.) . . — 5 12 6 Suckling Bros. 8 10 0 AUCKLAND Sales on ’Change £ s. d. Citv of Auckland, 1/1/44, 44 per cent. ..105 5 0 Bank of New Zealand I 19 3 South British Ins. 4 10 9 Auckland Gas (3) I 3 0 Kauri Timber 1 4 8 Aust. Glass 4 12 9 4 13 6 I Berlei (N.Z.) 3 0 0 Broken Hill Prop. 3 17 5 Broken Hill Prop, (rights) 0 2 7 0 2 5 0 2 6 G. J. Coles (rights) 1 14 6 N.Z. Newspapers 2 0 0 Northern Roller Mills (pref.) 1 3 0 Martha 1 0 2 Waihi Invest. 0 10 a 0 10 7 Mataki 0 1 2 Unlisted Stocks ; Seif ridges (A’aaia.) (new) 1 8 0 Woolworths (Syd.) 5 8 6 WELLINGTON Sales on 'Chaagfe £ 3. d. i Roioiti Timber (late Mon.) 0 6 3 i Cons. Brick (late Mon.) 0 9 8 1 4 per cent. Ins. Stock, 1955 .. 109 15 0 I Union Bank 9 10 0 1 Leyland O’Brien 1 1 6 j N.Z. Be frig. 0 13 0 1 Australian Glass (3) 4 13 8 i Woolworths (N.Z.) 3 5 8 1 Unlisted Stock Shillings, Ltd. 0 17 n | 0 17 9 I | DUNEDIN l Sales on ’Change i s. a. j N-Z Refrig, (paid) 0 19 0 Broken Hill Prop, (rights) , . 0 2 5 I McLeod Bros. • • 32 0 0

Morning Sales & s. d. Commonwealth Bonds— 4 per cent., 1941 •• 103 8 9 4 per cent, 1944 ■ • 193 XT 8 4 per cent, 1950 101 7 8 4 per cent., 1953 101 15 0 4 per cent., 1955 103 0 0 4 per cent., 1957 103 10 0 4 per cent, I960 103 17 8 4 per cent, 1961 101 1 3 Australian Gas A 7 7 0 Anthony Hordern o la 8 Associated Newspapers i 3 9 Associated Newspapers (pref.) i 8 9 British Tobacco 3 3 6 Colonial Sugar 43 1U 0 General Industries 0 18 8 General Industries (pref.) 1 3 9 Howard Smith 1M 41 B. Fowler 0 14 3 Afterseea Bales Bank of New Souh Wales 33 13 6 Comm. Bank of Sydney 19 17 8 Comm. Bank of Australia , .. 0 18 8 Colonial Sugar 43 10 0 Automatic Total! sa tors 1 0 U Bums, Philp 3 13 0 British Tobacco 2 4 0 Tooths Brewery 2 18 0 Tooheys X 11 9 Australian Glass 4 14 9 Winchcombe Carson - • 1 14 3 Morris Hedstrom 1 0 6 Electrolytic ’ Zinc (pref.) 2 6 9 David Jones 2 9 6 Anthony Hordern • • 0 IS 8 W. R. Carpenter 2 z 0 Morts Dock O IX 9 Sargents I 9 0 Woolworths (buyer) 5 7 6 Woolworths (seller) 5 10 0 Woolworths buyer 5 5 6 Woolworths (N.Z.), seller 5 7 0 Mount Morgan 0 14 8 Mount Lyell 1 10 6 South Broken Hill 6 0 0 North Broken Hill' 9 15 0 Zinc Corporation 4 11 0 Bulolo Deposits 0 3 3 Loloma 1 3 8 Mandated AUuvlais 0 13 9 Lady Shenton 0 i hi

Comm. Bank of Australia £ s. .. 0 13 d. 8 Natl. Bank (£5 paid) ..7 8 0 British. Tobacco 2 4 0 G. J. Coles .. 3 18 8 Electrolytic Zinc .. 2 4 8 Electrolytic Zinc (pref.) 2 8 8 Mount Morgan 0 14 8 Mount Lyell .. 1 9 104 Broken Hill Prop. .. 3 18 3 South Broken Hill ..8 3 f North Broken Hill .. 8 13 0 Zinc Corpn. 4 U 0 Loloma ..13 8 Emperor 0 IS 3 Myer Emporium 1 15 (1 United Provisions 0 11 3 Sulphide Corpn. * 8 1« 8 Upper Watut .. 0 2 X Irow&t - • 1 24