THE STOCK EXCHANGES

Press, Volume LXXIV, Issue 22435, 23 June 1938, Page 13

THE STOCK EXCHANGES

SMALL LOCAL TURNOVER PRICES OF MOST STOCKS FIRMER The Christchurch Stock Exchange had a quiet day yesterday. Apart from dealings in industrials and mining shares, the recorded turnover was negligible. Prices of most stocks dealt in revealed firmer markets.

DEALINGS COMPLETED

UNLISTED STOCK Sale Reported 100 Kanieri .. .. 15 0 Government Bonds and Banks New Zealand Government Rural Bonds, due 1947, changed hands at £lO2 15s. Bank of New Zealand were firmer with sellers and business at 43s 6d, Union Banks were firmer on buyers’ offers £8 4s. Buyers of Goldsbrough, Morts raised their bids to 27s 6d, sellers at 28s 6d. Westport-Stockton Coal preference were weaker with business at 6s 9d and further sellers at 6s lid. Miscellaneous British Tobacco recovered to 46s 6d and 46s 3d. market closing 46s buyers, 46s 9d sellers. Broken Hill Proprietary rose to 58s 6d. sellers staying in at that price, buyers at 58s 4d. The contributing advanced to 35s Id. Electrolytic Zinc preference rose to 43s 9d and 43s 3d. sellers staying in at the higher price, buyers at 435. The ordinary were stronger with buyers at 37s 3d. G. J. Coles moved up to 80s 9d. and more were wanted at 80s lOd. Moturoa Oilfields were weaker with buyers and business at 5s Bd, sellers at 5s lOd. New Zealand Paper Mills were firmer at 20s 6d, Taranaki Oilfields rose sharply to 14r. and 14s 3d, and more were wanted at the higher price. A late sale of Wilcox Mofflin on Tuesday was reported at 6s 6d. and business yesterday was at that price, with further sellers at 6s sd. Mining Grey River were fractionally firmer at 12s 3d. market closing Id either way. Maori Gully remained unaltered at 5Ad. Broken Hill South rose sharply to 28s 7d, closing quotations 2d on either side. North Broken "Hill advanced to 40s Id, market closing Id cither way. Unlisted Stock Kanieri were steady at 255, apd closed with unsupported sellers at 25s 9d.

UNLISTED STOCKS

AUCKLAND

LATEST QUOTATIONS

WELLINGTON

DUNEDIN

SYDNEY

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:—

There was less evidence of profit-taking on the Sydney Stock Exchange yesterday and the turnover was much smaller than on Tuesday. Most leading industrials made fair headway. The rising trend of base metal shares continued. Morning Sales £ s. d.

LISTED STOCKS Sales on ’Change £ s. d. 50 Bank of N.Z. 2 3 6 150 British Tobacco (cum div.) .. (2) 2 6 6 2 6 3 100 Broken Hill Propty. (2) 2 18 6 100 Broken Hill Propty. (contr.) 1 15 1 300 Electro. Zinc (pref.) 2 3 9 (2) 2 3 3 60 G. J. Coles 4 0 9 100 Moturoa Oil 0 5 8 100 N.Z. Paper Mills .. 1 0 6 300 Taranaki Oilfields .. 0 14 0 (2) 0 14 3 100 Grey River 0 12 3 500 Maori Gully 0 0 51 50 Broken Hill South .. 1 8 7 50 North Broken Hill (cum div.) .. 2 0 1 Sales Reported £300 Rural Bonds, 5 p.c.. 15/9/47 ..102 15 0 500 Westport - Stockton Coal (pref.) 0 6 9 50 Broken Hill Propty. 2 18 6 100 Wilcox Mofflin 0 6 6 200 Wilcox Mofflin (lale sale Tuesday) 0 6 6

Buyers. Sellers. £ S. d. £ s. d. N.Z. Govt. Debentures 3i p.c. Ins., 1938-52 — 101 7 6 3J p.c. Ins., 1953-57 97 0 0 — 4 p.c. Ins., 1946 102 5 0 — 4 p.c. Ins., 1955 101 17 6 — 4 p.c. Bonds, 1946 102 5 0 — Rural Bonds, 5 p.c.. 15/9/47 102 10 0 — Other Debentures Booth, Macdonald, 5 p.c., 1/6/47 70 0 0 — Cooke and Son, 5 p.c,, 29/4/47 — 100 0 0 C.F.C.A.,, 41 p.c. 21/4/42 — 97 0 0 Banks Australasia (£5) — 9 15 0 Comm, of Aust. (10s) — 0 15 11 Comm, of Aust. (pref., £10) 9 2 0 9 7 0 Comm, of Sydney (£12 10s) — 20 12 6 E., S„ and A. (£3 pd.) 4 16 3 4 18 6 Natl, of A’asia (£5 paid) 6 8 0 6 12 6 Natl, of New Zealand (cum div., £2 10s) .. 2 14 0 2 18 0 N.S.W. (£20) — 31 10 0 New Zealand (£1) .. 2 3 3 2 3 6 Union of Aust. (£5) — 8 7 6 Insurance National (7s paid) 0 16 9 0 17 9 New Zealand (£1) .. 2 16 9 South British (10s) .. — 2 7 0 Standard (£1) — 2 18 0 Loan and Agency Dalgety and Co. (£5) — 8 2 6 Goldsbrough, M. (cum div„ £1) 1 7 11 1 8 6 Invincible Bldg. (£5) — 4 17 6 N.Z. Guar. Corpn. (3s) 0 4 5 0 4 7 United Building (£1) — 1 0 6 Newton King (pf., 3s) 0 8 6 — Shipping New Zealand (pf., £10) 11 10 0 — Frozen Meat Cantby. (£7 10s paid) 9 0 0 — Cantby (pref., £5 paid) N.Z. Refrig. (£1 paid) 6 3 0 — — 0 18 6 N.Z. Refrig. (10s paid) 0 8 3 0 8 5 Southland (£1) 1 9 6 1 11 0 Woollens Felt and Textiles (£1) 1 10 0 — Kaiapoi (17s paid) 0 10 3 0 11 9 Kaiapoi (7s paid) 0 3 3 0 4 9 Manawatu (£1) — 1 12 6 Oamaru (£1) — 0 18 0 Timaru (£1) .. — 0 12 6 Coal Westport (10s) 1 4 6 1 5 3 Westport-Stockton (10s) — 0 3 8 Westport-Stockton (pf., 10s) — 0 6 11 Gas Christchurch (£1) 1 6 6 — Breweries New Zealand (£1) 2 0 9 2 1 0 Timaru (in liqdn.) 0 0 11 0 1 0 Tooheys (16s) — 1 11 0 Tooths (£1) 2 13 6 2 14 3 Miscellaneous Andersons (pref., £l) — 0 19 0 Aust. Glass (ex div.. £1) 4 10 0 — Aust. Iron and Steel (pref., £1) — 1 7 9 Beath and Co. (£1) .. — 1 0 0 Booth, Macdonald (pf., £1) 0 T 11 — British Tobacco (cum div., £1) 2 6 0 2 6 9 Broken 11111 PVy. (£.11 2 18 4 2 18 6 Broken Hill Pty. (con.) — 1 15 9 Burns, Philp (£1) — 2 13 0 Colonial Sugar (£20) 46 10 0 47 0 0 Consolid. Brick (cum div., £1) Domin. Bids, (cum div.. 0 7 9 o' 8 9 10s) 0 5 6 0 6 0 Domin. Fertilisers (£1) 1 4 3 1 6 0 Dominion Rubber (£1) — 1 3 0 D.I.C. (10s paid) 0 14 3 — Dunlop Rubber (£1) .. 1 0 2 1 0 6 Electro. Zinc (£1) 1 17 3 1 17 8 Electro. Zinc (pf., £1) 2 3 0 2 3 9 Evans Atlas Flour (10s) 0 19 3 — G. J. Coles (£1) 4 0 10 4 1 5 Greater Crystal (£1) — 0 15 0 Hume Pipe (Aust.), (£1) 0 18 6 0 18 11 Kauri Timber (25s) .. 1 0 9 1 2 6 Myers Emporium 1 8 6 — Moturoa Oil (5s ) 0 5 8 0 5 10 Macduffs (pref., £1) .. — 0 19 0 Macduffs (ord., £1) .. — 0 17 0 McKenzie’s, Ltd. (£1) N.Z / Drug Co. (£2) — 3 4 0 3 7 6 2 8 9 N.Z. Farmers’ Co-op. (£2 10s paid) 0 2 6 0 12 0 N.Z. Farmers' Co-op. (10s paid) — 0 0 1

Buyers. Sellers. £ s. d. £ s d. N.Z. Farmers' Co-op. (A pref., £4) 1 15 0 2 0 0 N.Z. Farmers' Co-op. (B pref., £4) N.Z. Farmers’ Co-op. (4J p.c. Stock, 1955, £100) _ 1 15 0 94 0 0 N.Z. Farmers’ Fert. (£1) 1 0 0 N.Z. Newspapers (16/8) — 1 16 0 N.Z. Paper Mills (£1) — 1 1 0 Quill, Morris (1936) (£1) 0 18 6 _ Reid (N.Z.) Rubber (£1) 1 6 6 Standard Cement (£1) 0 19 9 Taranaki Oil. (24s 7d) 0 14 3 0 14 9 United Provisions — 0 7 0 Wilcox, Mofflin (11s) 0 6 3 0 6 5 Wool worths (Sydney) (ord., 5s) 1 0 2 1 0 5 Woolworths (N.Z.) (cum div., 5s) 1 0 9 Overseas Listings Woolworths (S. Africa) (5s) .. 0 15 4 0 15 8 Mining Alexander (£1) 0 6 0 _ Alexander (15s paid) — 0 10 0 Argo (cum div.. Is) .. 0 1 10 0 2 0 Argo (con., cum div., is) 0 1 5 Big River (cum div.. Is) 0 1 0J 0 1 2 Clutha River (2s) — 0 2 6 Austral. (N.Z.) (£1) 1 0 0 1 5 0 Gillespie’s Beach (Is) 0 0 7i — Golden Dawn (5s) .. 0 1 0 0 2 3 Golden Sands (Is) 0 0 2i 0 0 3 Grey River (10s paid) 0 12 2 0 12 4 Martha (5s) — 0 12 0 Maori Gully (Is) 0 0 5i 0 0 6i Moonlight Gold. (8d) — 0 0 6 Mossy Creek (Is) — 0 1 0 Nemona (Is) 0 1 3 0 1 7i New River (Is) 0 0 2 0 0 6 Nokomai (5s) 0 1 9 Skippers, Lta. (Is) .. 0 0 OJ 0 0 1 Worksop Extend. (Is) 0 0 10 — Australian Mining Broken Hill Sth. (5s) 1 8 5 1 8 9 Mount Lyell (£1) 1 4 4 1 4 9 Mount Morgan (cum div., 2s 6d) 0 8 8 0 9 0 Nth. Broken Hill (cum div., 5s) 2 0 0 2 0 2 Placer Develop. (1 dol.) 3 13 6 Rawang Tin (10s) 0 8 2 0 8 4 Wellington Alluv. (2s) 0 5 0 0 6 3 Zinc Corpn. (cum div.) 3 12 0

Buyers. Sellers. £ s. d. £ s. d. A P.A 0 9 0 . Blackball Creek ■ 0 X 1 0 1 4 Kanieri 1 5 9 National Tobacco 2 7 0 Lange's Mobile Gas .. 1 2 6 1 5 0 N.Z. Mining Invest ... 0 0 n Thyrodone .. 1 10 0 Timaru Lime 0 19 0 1 0 6 Woolworths (W.A.) .. — 4 10 0

Sales on 'Change £ s. d. Govt. Bonds. 4 p.c., 1952-55 102 10 0 Inscribed Stock. 3i p.c., 1953-57 97 5 0 Ins. Stock, 4 p.c., 1946-49 102 10 0 Auckland Harbour Brd., 41 p.c.. 1948 105 15 0 Bank of New South Wales 31 10 c Bank of New South Wales (Sydney register) 31 5 0 N.Z. Insurance 2 16 6 Taupirl Coal .. 0 14 6 Westport-Stockton .. 0 3 8 Dominion Breweries .. 1 16 3 N.Z Breweries 2 0 9 British Tobacco 2 6 6 Broken Hill Pty. (2) 2 18 9 2 19 0 Colonial Sugar 46 12 6 G. J. Coles 4 2 0 Milne and Choyce (deb.) 0 14 7 Morts Dock 0 10 6 Taranaki Oil 0 13 9 0 14 0 0 14 2 0 14 6 (2) 0 14 6 0 14 7 Wool worths Properties (rts) (2) 0 3 5 Broken Hill South 1 7 9 1 8 3 Mount Lyell 1 4 9 1 5 0 Mount Morgan 0 8 10 Unofficial List Whakatane Paper Mills (ord.) 0 4 9

Sales on ’Change £ s. d N.Z. Breweries 2 1 0 Burns, Philp 2 10 3 Woolworths. Ltd. 1 0 5 (All above late Tuesday.) Ins. Stock, 4 p.c., 1949 (2) 102 10 0 3J p.c., 1938-52 101 5 0 4 p.c., 1955 102 0 0 Bank of New Zealand .. 2 3 6 Bank of New Zealand (2) 2 3 5 N.Z. Breweries (4) 2 1 0 British Tobacco 2 6 6 Farmers’ Trading 1 1 0 Burns, Philp (2) 2 10 3 Moturoa Oil 0 5 9 Taranaki Oil 0 14 0 0 14 3 0 14 4 0 14 5 (6) 0 14 6 (2) 0 14 8 0 15 0 Woolworths. Ltd. (ord.) 1 0 5 Woolworths (rights) 0 3 6 Mount Lyell (2) 1 5 0 Mount Morgan 0 8 7

Sales on ’Change £ s. d. Mount Lyell (3 ex div.) 1 4 6 South British Insurance 2 6 9 Sales Reported Bank of New Zealand .. 2 3 6 Southland Frozen Meat 1 9 9 N.Z. Breweries 2 1 0 (All above late Tuesday. Westport Coal 1 4 9 N.Z. Farmers’ Fertiliser (2) 0 19 0 Sale After Call Westport-Stockton (pref.) 0 7 0

Bank of New South Wales . 31 7 6 Tooheys 1 11 4J Tooths 2 14 3 Associated Newspapers 1 0 6 British Tobacco 2 7 0 Broken Hill Pty. 3 0 3 Burns Philp 2 10 9 Colonial Sugar 46 17 6 Dunlop Perdriau 1 1 0 Electrolytic Zinc Afternoon Sales 1 18 9 Bank, of New South Wales 31 5 0 Commercial Bank of Sydney . 20 12 0 E.. S.. and A. Bank' .. Queensland National Bank 4 17 3 5 1 0 Colonial Sugar 46 17 6 Howard Smith 1 0 3 Burns, Philp 2 11 6 British Tobacco 2 7 0 Tooths 2 14 9 Australian Glass (ex div.) 4 11 6 Dunlop Perdriau (N.Z. deliv. 1 0 6 General Industries 0 17 9 Kandos Cement 1 4 3 Cash Orders 0 16 6 Sargents 1 5 9 Gordon and Gotch 2 11 3 W. Atkins 1 2 0 Edwards Dunlop 2 8 6 Malleys 1 0 6 Standard Cement 0 19 6 Woolworths 1 0 7i Goodlet Smith 2 5 0 Amalgamated Wireless (contr. 2 13 0 Goldsbrough, Mort. 1 8 10 Winchcombe, Carson .. 1 6 6 Henry Jones 2 7 6 Mount Morgan .. 0 9 0 Mount Lyell 1 5 0 Kuala Kampar 0 17 0 Rawang Tin 0 8 5 Larut .. 0 12 9 Taranaki OU ■. 0 14 li