THE STOCK EXCHANGES

Press, Volume LXXII, Issue 21954, 1 December 1936, Page 13

THE STOCK EXCHANGES

DEALINGS COMPLETED

New Zealand Government 4 per cent. Stock, due 1946, changed hands at £lOl 10s. Commercial Bank of Australia had dealings at 19s 2d and 19s 3d, and these were buyers' and sellers’ closing quotations respectively. Bank of New Zealand, cum dividend, advanced to 41s 3d and 41s 6d. and there were further buyers at the higher price, sellers at 41s Bd. Goldsbrougtg Morts, cum dividend, were firm at 36s 6d, A late sale of New Zealand Loan and Mercantile ordinary slock on Saturday was reported at £35. Buyers of P. and O. Deferred Stock raised their bids to 39s without attracting sellers. New Zealand Refrigerating were firmer, with dealings in the fully paid at 19s 6d and 19s 7d, and in the partly paid at prices ranging from 9s 5d to Os 9d, market closing firm for both issues. New Zealand Breweries, cum dividend, were firm, with buyers and dealings at 535. sellers at 53s Id. Sellers of Tooths Brewery reduced their limits to 545. buyers at 53s 9d. . Miscellaneous A late sale of British Tobacco on Saturday was. reported at 44s sd, and buyers yesterday offered that price, sellers at 44s fid. Electrolytic Zinc, ordinary, were fractionally weaker at 46s sd, market closing 46s 6d buyers, 47s sellers —the preference recovered to 495, market closing 48s 10d buyers, 49s 3d sellers. Hay’s, Ltd.. 15s paid, had business at 16s 3d. New Zealand Farmers* Co-operative Association 4i per cent, stock, due 1940, changed hands at £95. Woolworths (New Zealand). ordinary, cum dividend and rights, dropped to £6 15s and £6 10s 3d, market closing £6 5s buyers, £6 10s sellers. Shillings. Ltd., were fractionally weaker at 17s 9d and 18s. sellers staying in at the higher price, buvei's at 17s 6d. Martha Gold Mining shares were firmer, with buyers at 20s. Mount Ly(4ls. cum dividend, remained unaltered at 37s market closing 36s Hd buyers. 37s Id sellers. Mount Morgans dropped to 15s 3d, 15s 2d. and 15s Id, sellers staying in at the lowest "rice, buyers Unlisted Stocks Andersons, Ltd., first preference, had dealings at 19s 3d. Woolworths (Sydney), ordinary, dropped to dealings at prices ranging from £7 3s to £7 as. market closing £7 4 S 6cl buyers, £7 5s sellers. A , .. . Woolworths (Western Australia) were fractionally firmer, with buyers and dealings at £6 14s 6d, sellers at £6 17s 6d. LAT EST Q U OTATK) N S

UNLISTED STOCKS

WELLINGTON

MARKETS GENERALLY QUIET refrigerating shares rise Markets generally were quieter on the Christchurch Stock Exchange yesterday, and prices were irregular. Woolworths continued to fall, but there was a determined rise in New Zealand Refrigerating Company shares.

DUNEDIN Sales on ’Change £ s. d.

SYDNEY On the Sydney Stock Exchange yesterday selling pressure caused a further weakness in most Investments. Banking shares were marked down heavily.

MELBOURNE The bond market was steady in Melbourne. Barriers were firm and industrials slightly firmer. Mining was quiet, but there was a good demand for Emperor Gold. Sales:—

FOREIGN EXCHANGES (BIIiTISH OFFICIAL WIBELESS.) RUGBY, November 28. Par. Nov. 27. Nov. 28.

Shanghai. pence to dol. * 14 17-32 14 17-32 Honk Kong, " pence to yen * 14 15-1(1 1415-16 Yokohama. pence to yen * 14 1-32 14 1-32 Batavia; guilders 12.107 8.08 8.09 Warsaw, par zlotys to £1 43.36 26 ♦Determined by price of silver. BANANAS FROM FIJI AND SAMOA SHIPMENT BY MAT LA SUVA. November 30. The Matua lilted 10,533 cases of Fiji bananas. She is carrying about 8000 cases irom Samoa. Are you thinking of selling your business. The quickest route between Buyer and Seller is through “The Press’’ Classified Advertisements—l2 words Is, 3 insertions 2s 6d. 'Phone 33-358. —6

STOCK SALES PLEASANT POINT A very wet day restricted the activities of buyers at the Pleasant Point stock sale yesterday. There were smaller entries than usual in most departments- but prices were well maintained at late rales, la the fat cattle section there was only a small entry, but the quality of the beasts forward was, taken all round, better than for some time. Best fat steers ranged up to £lO 7s 6d, best fat heifers up to £!t 7s 6d. and cows up to £8 10s. Because of the recent wet weather the small entry of store and dairy cattle sold extremely well, and there was a particularly good demand for bulls, the latter selling at varying prices up to £5 10s. In the fat sheep section the entries were small, bat shorn wethers were in good demand, and the prices were on a par wtlh recent rate?. A few pens of fat lambs were forward and made up to 24s a head. Some pens of ewes and lambs sold reasonably well. There was a smaller entry than usual tn the pig section, and prices were firm at late rates.

LISTED STOCKS Sales on 'Change d. £400 N.Z. Govt. 4 p.c. las.. £ s. 1943-46 (2) 300 Comm. Bank of Aust 101 10 0 (3) 250 Bank of N.Z. (cum 0 19 2 div.) 2 1 3 (2) 500 N.Z. Refrig. (£1 pd.) 2 1 6 (2) 0 19 6 <31 500 N.Z. Refrig. (10s pd.) 0 19 7 (2) 0 9 5 0 9 6 0 9 7 150 N.Z. Breweries (cum 0 9 8 div.) (2) 2 13 0 100 Shillings, Ltd. 0 17 9 100 Mount Lyell (2) 1 17 0 400 Mount Morgan 0 15 3 <2) 0 15 2 <2) Sales Reported 0 15 .1 100 Comm. Bank of Aust. 200 Bank of N.Z. (cum 0 19 3 div.) (2) 100 Goldsbrough. Mort 2 I 6 (cum div.) 200 N.Z. Rcfrig. (10s 1 16 6 paid) 100 British Tobacco (late 0 9 9 sale Sat.) y 4 5 100 Electro. Zinc (ord.) 2 6 5 50 Electro. Zinc (pref.) 2 9 0 100 Hays, Ltd. (15s paid) £100 N.Z. Farmers Co-op. 0 16 3 4.1 p,c. stock, 1940) £400 N.Z". Loan and Mercantile stock (ord.) 95 0 0 (late sale Sat.) 165 Woolworths (N.Z., ord., cum div. and 35 0 0 rights) 6 15 0 6 10 3 100 Shillings . . 0 UNLISTED STOCKS Sales on 'Change 175 Woolworths (Syd., 18 0 ord.) <2) 7 3 0 7 3 6 60 Woolworths (W.A.) 7 4 0 (2) Sales Reported 15 Woolworths ((Syd., 6 14 6 ord.) 200 Andersons, Ltd. (pf.) 7 5 0 (2) Government 0 19 3

Buyers Sellers. £ d. £ s. cl. N.Z. Govt. Debentures 3> p.c. Ins., 15/9/39-43 — 102 0 0 3 p.c. Ins., 1938-52 — 102 10 0 4 p.c. Ins., 1937 101 2 6 — 4 p.c. Ins., 1943-43 .. 101 10 0 102 0 0 4 p.c. Ins., 1946-49 — 101 17 6 4 p.c. Bonds, 1937 101 2 6 — 4 p.c. Bonds, 1946 102 0 0 — 4 p.c. Bonds, 1949 — 102 10 0 4 p.c. Bonds, 1955 104 5 0 Other Debentures Auckland City, 4 1-5 p.c., 1/1/40 — 104 0 0 Booth Macdonald, 5 p.c.. 1/6/47 — 90 0 0 N.Z. Refrig., 4.i p.c., 1940-45 102 10 0 — Banks Comm, of Aust. (10s) 0 19 2 0 19 3 Comm, of Aust. (pref., £10) 9 2 6 9 5 0 Comm, of Sydney (£12 10s) 20 12 6 21 5 0 E., S., and A. (£3 pd.) 5 17 6 5 19 0 Natl, of A/asia. (£5 paid) 7 10 0 Natl, of N.Z. (£2 10s) 3 3 0 3 4 6 N.S.W. (ex div., £20) 34 0 0 35 0 0 N.Z. (cum div., £1) ■. o I 6 2 I 0 Union (£5) 10 0 0 10 8 0 Insurance National (7s paid) — 0 18 5 New Zealand (£1) — 3 1 6 South British (£1) .. —• 4 a 0 Standard (£1) -- 3 0 0 Loan and Agency Dalgety and Co. (ex div., £5) 10 4 0 10 10 0 Goldsbrough, M. (cum div., £1) 1 15 6 1 16 4 Natl. MorL A (£2) .. 2 9 0 2 15 0 N.Z. Guar. Corp. (3s) .. 0 5 2 0 5 4 N.Z. Loan and Merc. (ord., £100) 34 0 0 38 0 0 Perm. Invest. (£10) .. 10 1 0 — United Bldg. Soc. (£1) — 1 0 0 Shipping Huddart Parker (£ 1) — 1 17 6 P. and O. Def. Stk. (cum div., £1) 1 19 0 — Union (uref., £1) 1 6 0 Frozen Meat Cantby. (£7 10s paid) 9 5 0 — Gear (10s) 0 15 6 — N.Z. Refrig. (£1 pd.) 0 19 5 0 19 8 N.Z. Refrig. (10s pd.) 0 9 8 0 9 9 Nth. Cant. Frccz. (£3 paid) 1 17 U 2 2 0

Woollens Buyers. Sellers. £ s. d. £ s. d. Kaiapoi (17s paid) 0 14 1 0 14 5 Kaiapoi (7s paid) 0 5 0 0 5 9 Kaiapoi (pref., 17s) 0 17 0 0 18 0 Manawatu (£1) 1 16 0 2 0 0 Oamaru (£1) — t 1 9 Coal Westport (ex div., 10s) 1 0 0 — Stockton (10s) 0 1 6 0 1 8 Gas Auckland (£1) _ 1 2 4 Christchurch (£ 1) 1 7 0 1 7 6 Breweries Carlton (£1) — 3 3 0 N.Z. (cum dlv., £1) .. 2 13 0 2 13 1 Staples (£1) 1 16 0 2 0 0 Timaru (in liqdn., 10s) 0 2 0 0 2 7 Tooheys (16s) 1 15 0 1 15 9 Tooths (£1) 2 13 9 2 14 0 Miscellaneous Amalg. Wireless (con.. 14s paid) — 2 5 0 Anthony Hordern (£1) — 0 19 6 Aust. Glass (£1) — 0 4 11 Aust. Iron and Steel (pref., £1) — 1 6 3 Beath and Co. (£1) .. 1 2 0 1 4 0 Booth Macdonald (pf.. £1) __ 0 2 9 British Tobacco (£1) 2 4 5 2 4 9 Broken Hill Prop. (£1) 3 19 7 3 19 11 Broken Hill Prop, (con.) 3 7 0 Burns Philp (£1) 3 12 6 3 13 9 Colonial Sugar (£20) 42 17 6 43 3 0 Consol. Brick (£1) 0 11 0 0 11 1 Dornin. Pert. (£1) 1 3 6 — Dominion Rubber (£1) 1 9 9 — Dunlop Rubber (£1) .. 0 17 6 0 17 8 Electro. Zinc (ord., £1) 2 6 6 2 7 0 Electro. Zinc ipf. £1) 2 8 10 2 9 3 G. J. Coles (£1) 4 0 0 4 0 9 Hay’s, Ltd. <13s pd.) 0 15 0 — Howard Smith (£1) .. 1 0 9 1 1 6 Hume Pipe (Aust.), (£1) 1 0 10 1 1 3 Kauri Timber (cum div.. 25s) 1 4 2 1 4 8 Morris Hedstrom (cum div., £1) — 1 7 9 N.Z. Drug (£2) 3 14 0 — N.Z. Farmers' Co-op. (10s paid) 0 Q 3 0 0 8 N.Z. Farmers' Co-op. (1st pref., £5) 3 9 0 3 15 0 N.Z, Farmers’ Co-op. C’A’’ pref., £4) 1 19 0 2 7 0 N.Z Farmers’ Co-op. (B pref., £4) 1 15 0 2 2 0 N.Z. Farmers’ Co-op. (41 p.c. Stock, 1940, £100) 94 10 0 95 10 0 N.Z. Farmers’ Co-op. (41 p.c. Stock, 1939, £100) 94 10 0 — N.Z. Farmers. Fort. (£1) — 1 0 6 N.Z. Malay Rubber (£1) 0 8 0 — N.Z Newspapers (16/8) 1 18 3 2 1 0 Procera Bread (10s) .. — 1 10 0 Quill. Morris (1936), (£1) 0 17 0 — United Provisions (£1) 0 10 2 0 10 6 Ur!wins (pref., £1) — 1 3 3 Whttcombe and Tombs (£2 10s paid) 3 0 6 3 4 0 Wilcox. MofTlin (11s) .. 0 11 4 0 11 10 Woolworths (N.Z.), (ord. cum div. and rights, £1) 6 5 0 6 10 0 Woolworths (Sydney), 0 (2nd pref., £1) — 1 5 Shillings. Ltd. (£1) .. 0 17 6 0 18 0 Waldas Shoes (£1) — 1 16 0 Mining Alexander (£1) — 0 17 3 Alexander (15s paid) 0 14 10 0 15 5 Argo (Is) 0 1 101 0 1 111 Bairytown (£1) 1 11 6 — Big River (Is) 0 2 0 0 2 4 Brian Boru (Is) — 0 0 4 Central Shotover (Is) — 0 0 4 Gillespie’s Beach (ex 61 div.. Is) 0 1 3 0 1 Golden Sands (cum div.. Is) U 2 0 — Goldfields Dredg. (Is) — 0 0 4 Lawson’s Flat (Is) .. — 0 0 3 Maerewhenua (Is) 0 0 11 0 0 22 Maori Gully (Is) 0 0 5 0 0 6 Martha (5s) 1 0 0 — Moonlight Gold. (Is) — 0 1 11 Mossy Creek (Is) 0 1 2 0 1 4 Nemona (Is) 0 1 5 0 1 10 Skippers (Is) 0 0 3 0 0 32 Waihi Invest. (5s) .. 0 12 4 — Waihi Grand June. (2s) — 0 3 9 Waimumu Sluic. (Is) 0 0 4 0 0 9 Worksop Extend. (Is) 0 1 5 0 1 7 Australian Mining Broken Hill South (cum div. £1) 7 10 0 — Mount Morgan (cum divt, 2s 6d) 1 16 11 1 17 1 Mount Morgan (2s 6d) 0 15 0 0 15 1 Rawang Tin (10s) 0 10 0 0 11 0 Sulphide Corpn. (£1) — 0 18 0 Sulphide Corpn. (pref., 1 10 £1) — 0 Wellington Alluvials Us) 0 2 6 0 4 s

All transactions in stocks quoted in this section are subject to a different rate ot brokerage from listed stocks and are not quoted on the official list. Buyers. Sellers. £ s. d. £ s. d. Andersens, Ltd (pf.) .. 0 18 t) 0 19 6 Assoc, Motorists' Petrol 1 12 0 — Canty. Roller Flour .. 0 5 0 0 6 0 National Tobacco 3 0 6 — New River — 0 0 7J N.Z. Mining Invest. .. — 0 0 8 N.Z. Perpet. Forests 2 12 9 E. Reece, Ltd. (pref.) 0 X 10 0 2 4 Regent Theatre (Christchurch) 0 2 0 — Selfridgcs (A’asia) (old) 1 10 0 1 18 6 Sellridges (new) 1 10 0 1 17 0 Ware's Invest. Trust 0 6 1. 0 6 9 Westland Breweries (£1 paid) .. 1 7 6 — Westland Breweries (10s paid) .. 0 14 6 — White’s Electric — 0 0 9 Woolworths (Sydney) (ord.) 7 4 6 7 5 0 Woolworths (W.A.) .. 6 14 C 6 17 6

AUCKLAND £ s. d. Sales on ‘Change 4 per cent. Stock, 15/4/46-49 .. 101 12 6 City of Auckland, 1/1/43, 44 p.c. 104 10 0 E.. S.. and A. Bank .. ..6 0 0 Bank of New Zealand .. 2 1 3 N.Z. Insurance ,. .. 3 1 6 Goldsbrough, Mort .. .. 1 16 6 1 16 41 Auckland Gas .. .. 1 2 6 Auckland Gas (15s pd.) .. 0 15 3 British Tobacco .. 2 4 74 Broken Hill Pty. 3 19 6 Colonial Sugar (odd lot) 43 0 0 Cons. Brick .. .. 0 11 1 Dunlop Perdriau .. .. 0 17 7 Farmers’ Trading .. . ■. 1 1 0 Mort’s Dock .. .. 0 13 9 Wilson’s Cement .. .. 1 16 3 Woolworths (N.Z.) .. ..6 10 0 6 0 0 Woolworths (Syd.) (1st pf.) .. 1 18 6 Mataki Junction .. 0 9 0 Waihi Investments .. 0 18 74 Mount Morgan .. .. 0 15 7 0 15 6 Unlisted Slock Woolworths (Sydney) .. ..7 4 0

Sales on ’Change r s. d. Bank of A'ama Hate Sat.) 12 2 0 4 p.e. Ins. Stock, 1955 103 10 0 Wellington Woollen (pf.) (odd lot) .. .. 3 18 6 Broken Hill Pty. 4 0 3 Colonial Sugar (2) 43 5 0 Cons. Brick and Pipe 0 11 0 Electrolytic Zinc (orci.) 2 6 3 Procera Bread (vendor) 1 9 0

Bank of N.Z. (2) 2 2 1 i 7 g Goldsbrough. Mart .. (2) 1 16 3 1 16 2 Dunlop Rubber (late Sat.) 0 17 7 0 17 7 Wilson’s Cement (late Sat.) 1 16 3 Mt. Morgan (late Sat.) 0 15 9 Gillespie's Beach (ex div.) (late Saturday) 0 1 6 Woolworths (N.Z.) (ord.) 6 15 0 Big River <2) 0 2 0 Unlisted Stock Werc's Trust .. 0 6 3

Morning Sales £ s. d. Commonwealth Bonds— 3 per cent., 1948 91 0 0 3? per cent., 1948 94 15 0 3g per cent., 1949 94 0 0 33 per cent., 1951 93 2 6 4 per cent., 1938 102 1 3 4»per cent., 1941 100 7 S 4 per cent., 1950 101 12 6 4 per cent., 1953 101 16 3 4 per cent., 1955 101 17 6 4 per cent., 1957 j 100 7 6 Comm. Bank of Sydney 21 5 0 Natl. Bank (£5 paid) 7 13 0 Bank of New South Wales 35 0 0 Tooths Brewery 2 14 6 Anthony Hordern 0 19 U Associated Newspapers 1 3 6 British Tobacco 2 5 3 Broken Hill Prop. 4 0 6 Broken Hill Prop, (new) 3 9 0 Howard Smith 1 1 a;. James Stedman 0 17 3* Mauri Bros. 3 11 0 Woolworths (1st pref.) 1 13 0 Afternoon Sales Colonial Sugar43 5 0 Bank of New South Wales 34 10 0 Comm. Bank of Sydney 21 2 6 E., S., and A. Bank 6 0 0 Burns Philp 3 14 0 Tooths Brewery 2 14 3 Dunlop Perdriau 0 17 9 Dunlop Perdriau (pref.) 1 13 6 Wilcox, Mofflin 0 11 9 Milaquin Sugar 2 2 3 Anthony Hordern 0 19 U Anthony Hordern (pref.) 1 2 6 O. J. Coles .. 4 0 9 Woolworths (2nd pref.) 1 5 6 Placer Development 5 0 6 Mandated Alluvial 0 13 a

National Bank (£5 paid) £ 7 s. 13 d. 0 Howard Smith 1 1 G British Tobacco 2 5 9 Carlton Brewery .. 3 2 0 Drug Houses 1 5 6 Electrolytic Zinc lord.) 2 7 9 Electrolytic Zinc (pref.) 2 9 9 Victoria Nyanza Sugar 0 14 8 Mount Morgan .. 0 15 9 Mount Lyel! .. 1 17 3 Broken Hill Prop. 4 0 3 North Broken Hill (split) .. 3 4 0 Broken Hill South (split) .. 1 19 9 Zinc Corporation .. 6 0 0 Emperor Gold .. 0 19 2 Loloma .. 1 3 7i Sulphide Corporation .. 0 18 6 Irowat 0 0 11 Upper Watut 0 2 4 Silverton Trams .. 1 17 9

Paris, fr. to £1 124.21 105 11-16 105 7-64 New York. dol. to £1 4.860 4.89 11-10 4.89 13-16 Montreal, dol. to £1 4.866 4.881 4.88a Brussels. belgas to £1 35 28.97 29.98 Geneva. fr. to £1 25.2215 21.311 21.31J Amsterdam, fl. to £1 12.107 9.021 9.02 Milan, lire to £1 92.46 93 1-16 93 1-16 Berlin, reichmarken to £1 29.43 12.171 12.181 Oslo, kr. to £1 18.139 19.90 19.90 Copenhagen, kr. to £1 18.159 22,40 22.40 Stockholm. kr. to £1 18.159 19.391 19.391 Vienna, schgs. to £1 34.585 261 261 Prague. kr. to £1 164.25 138 5-16 138 5-16 Helsingfors, marks to £1 193.23 2261 2261 Madrid, pesetas to £1 25.2215 Lisbon, escudos to £1 110 110 3-16 110 3-16 Athens, drach to £1 375 550 550 Bucharest. lei to £1 843.6 6671 6674 Belgrade. dinars 25.2215 213 213 Rio de Janeiro, pence to milreis 4.899 41 41 Buenos Aires, pence to dol. 51 Montevideo, pence to dol. « 391 39i Bombay, pence, to rupee 19 181 181