THE STOCK EXCHANGES

Press, Volume LXXV, Issue 22661, 16 March 1939, Page 13

THE STOCK EXCHANGES

New Zealand Government 4 .per cent, stock due 1946 changed hands at £99 12s 6d, and more was wanted at £9B 10s. Four per cent, stock due 1949-52 had business at £99 10s; market closing £99 buyers,' £99 12s 6d sellers. Three and a half per cent, stock due 1940-43 (ex interest) changed hands at £97 15s. Buyers of E., S. and A. Bank moved up to £5 4s, sellers at £5 4s 6d. Buyers of National Bank of New Zealand raised their bids to 46s 3d—an advance of Is on best offers on Tuesday—but sellers wanted 47s 6d. Sellers of Kaiapoi Woollens reduced their limits to 11s 6d, buyers at 10s 9d. An odd parcel of Westport-Stock-ton Coal realised 3s 9d; and there were further unsupported sellers at 3s lOd. Buyers of New Zealand Breweries moved up a point to 38s Id. British Tobacco were firm at 50s 6d, sellers staying in at that figure, buyers at 50s. Australian Consolidated Industries ex bonus issue of 11 new shares for every four held were available at 37s 6d, buyers at 30s. Broken Hill Proprietary rose to 59s 6d and there were further buyers at 59s 4d, sellers at 59s 9d. An odd parcel of G. J. Coles changed hands at 79s 9d, market closing 79s ouyers, 79s 8d sellers. Sellers of McKenzies, Ltd., reduced their limits to 40s 9d. Sellers of Taranaki Oilfields came down to 8s Bd, buyers at 8s 6d. ,Woolworths, Ltd., showed little variation with buyers and business at 235. sellers at 23s Id.

Grey River were firm with buyers and business at 18s 3d, sellers at 18s 6d. There was a close market for Kanieri, which were quoted at 35s 6d buyers. 35s 9d sellers.

DEALINGS COMPLETED 1 LISTED STOCKS Sales on ’Change £ s d.

UNLISTED STOCKS

LATEST QUOTATIONS

AUCKLAND Sales on ’Change

WELLINGTON

DUNEDIN (

MELBOURNE

LONDON

MARKETS AGAIN QUIET SOME AUSTRALIAN ISSUES FIRMER The Christchurch Stock Exchange was again very quiet yesterday. There were three sales of Government stock, but only six other transactions. Prices were well maintained and some Australian issues moved up.

SYDNEY Industrials continued stronger on the Sydney Stock Exchange yesterday. Base metals were quiet. Morning Sales

LONDON. March 14. Clutha River, buyers Is IJd, sellers Is 4jd: Molyneux River, buyers 3d, sellers 6d. Mount Lyell, 20s 9d. Dalgety 4 p.c. debentures. £9l 10s: British Tobacco, 37s 6d (nominal); Goldsbrough, Mort, 21s 10id (nominal); Dalgety, 96s 10£ d (nominal); P. and O. deferred, 23s 3d.

50 Broken Hill Proprietary 2 19 6 100 Woolworths (Syd.) (ord., cum div.) 1 3 0 50 Urey River 0 18 3 £710 Sales Reported N.Z. Govt. 4 per cent. Inscr. 1949-52 99 10 0 £1215 N.Z. Govt. 4 per cent. Inscr. 1946 (2) 98 12 6 170 Westport - Stockton Coal (ord.) (odd parcel) 0 3 9 200 British Tobacco (cum div.) (3) 2 10 6 35 G. J. Coles (odd parcel) 3 19 9 £3690 N.Z. Govt. 3J per cent. Inscr. 15/3/40-43 (ex interest) 97 15 0

Buyers. Sellers. £ s. d. £ s. d. N.Z. Govt. Debentures 31 p.c. Ins., 15/3/40-43 (ex interest) 97 10 0 97 15 0 31 p.c. Ins., 15/9/39-43 97 10 0 — 4 p.c. Ins., 1940-52 .. 99 0 0 99 12 6 31 p.c. Ins., 1953-57 .. 91 0 0 — 3J p.c. Ins., 1938-41 .. ■ 99 0 0 — 4 p.c. Ins., 1946 98 10 0 — 4 p.c. Ins., 1955 — 99 10 0 Rural Bonds, 5 p.c.. 15/9/47 09 2 6 — Other Debentures Booth, Macdonald, 5 p.c., 1/6/47 .. .. Dominion Fert., 6 p.c., — 68 0 0 1/2/41 100 15 0 — N.Z. Refrig., 4i p.c., 1/8/40-45 97 0 0 100 0 0 C.F.C.A., 41 p.c.. 21/10/42 — 96 0 0 Banks Australasia (cum div.. £5) 9 0 0 — Comm, of Aust. (10s) 0 16 3 0 16 6 Comm, of Sydney (£12 10s) 20 10 0 — E., S.. and A. (£3 pd.) 5 4 0 5 4 6 Natl. of A'asia. (£5 paid) —- 6 18 0 Natl, of N.Z. (£2 10s paid) 2 6 3 2 7 6 N.S.W. (£20) 29 15 0 30 0 0 New Zealand (£1) 1 18 6 1 18 10 N.Z, (mort. shares) (£1) 1 6 0 « Union of Aust. (£5) 8 0 0 — Insurance National (7s paid) — 0 16 0 Loan and Agency Pefpet. Trustees (18s paid) — 2 10 0 Dalgety and Co. (£5) 6 10 0 7 7 0 Goldsbrough, M. (£1) 1 8 3 — South Island Finance (10s paid) — 0 8 0 Natl, Mortgage A (£2) — 2 0 0 Natl. Mortgage B (£1) — 1 10 0 Elder Smith (cum 12 rights, £6) — 8 0 United Building (cum div., £1) 1 0 6 — Wright, Stephenson (pref., £1) — 0 19 6 Shipping Huddart-Parker (cum div., £1) .. 2 14 6 2 18 6 Frozen Meat Cantby. (pref., £5) — 6 0 0 Gear (10s) — 0 13 6 N.Z. Refrig. (£1 paid) — 0 16 0 N.Z. Refrig. (10s >paid) 0 6 0 0 7 0 Southland (£1) — 1 8 0 North Cant. Freezing (pref., £1) .. 0 15 11 — Woollens Bonds Hosiery (cum div., £1) 1 0 3 .1 1 1 Bruce (£1) .. 0 10 11 0 11 6 Felt and Textiles (cum div., £1) .. 1 12 3 1 13 6 Kaiapoi (17s paid) 0 10 9 0 11 6 Kalapoi (7s paid) — 0 4 6 Kaiapoi (pref., 17s) 0 15 0 — Manawatu (£1) — 1 3 0 Oamaru (£1) 0 15 9 — Coal Grey Valley (£1) 0 5 2 — 10 Westport-Stockton (10s) — 0 3 Westport-Stockton (pf.. 6 cum div., 10s) b 7 3 0 7 Gas Christchurch ( £ 1) i 2 0 1 2 8 Breweries Castlemaine Perkins (12s 6d) i 3 6 — Dominion (£1) ■— Dominion (pref., £1) — 1 1 16 9 New Zealand (£1) i 18 — Queensland (ex div.. 6 £1) i 5 — Swan (5s). .. i 7 0 111 0 Tlmaru (in liqdn.) 0 0 9 0 i 1 Tooths (£1) .. 2 15 3 2 16 3 Wards (in liqdn.) 0 0 5 — Miscellaneous Anthony Hordern (£1) 0 15 0 0 15 3 Aust. Consoi. Industries bonus, £1) 1 10 0 1 17 6 Beath and Co. (cum div., £1) 0 16 0 0 17 6 Booth, Macdonald (pf.. £1) 0 2 6 — Brit.sh Tobacco (cum div., £1) 2 10 0 2 10 6 British Tobacco (pref.. 13 £1) — 1 0 Broken Hill Pty. (£1) 2 19 4 2 19 9 Broken Hill Pty. (con.. 7' £1) 2 6 5 2 0 Colonial Sugar (£20) 49 15 0 48 17 6 Consolid. Brick (£1) — 0 8 11 Dom. Fertiliser (£1) 1 3 2 1 4 9 Dunlop Rubber (cum 10 div., £1) 1 1 7 1 1 Electro. Zinc (cum div.. £1) 2 8 0 2 9 0 Electro. Zinc (pref., 11 cum div., £1) 2 3 — Evans Atlas Flour (10s) 1 0 4 1 0 9 G. J. Coles (£1) 3 19 0 3 19 8 General Indust, (cum 6 div., 12s 6d) 0 19 0 0 19 Electric Plumbing .. 0 12 6 Hays, Ltd (£1) — 1 2 0 Howard Smith (cum div.. £1). .. 1 0 0 1 1 0 Hume Pipe (Aust.) (cum div., £1) .. 1 0 0 — I.C.I. (Aust, and N.Z.). (pref., £1) .. .. 1 3 3 — Kauri Timber (25s) .. 1 3 7 1 4 9 Milbum Lime (cum div,, £1) .. .. I n #

Buyers. Sellers. £ s. d. £ s. d. Morris, Hedstrom (£1) 1 6 0 Moturoa Oil (5s) — 0 4 6 McLeod Bros. (£10) .. 27 0 0 Macduffs (£1) — 0 2 10 Macduffs (pref.. £1) .. — 0 7 8 McKenzies, Ltd. (£1) 2 0 3 2 0 9 N.Z. Farmers’ Co-op. (£2 10s paid) N.Z. Farmers’. Co-op, (10s paid) 0 8 0 _ 0 0 1 N.Z. Farmers’ Co-op. (1st pref., £5) N.Z. Farmers’ Co-op. (A pref., £4) N.Z. Farmers’ Co-op. (4i p.c. Stock, 1955, £100) 2 5 0 2 17 6 1 9 0 85 0 0 N.Z. Newspapers (16/8) 1 8 1 — N.Z. Paper Mills (£1) — 1 5 0 Radio (1936). (10s) — 1 1 0 Simpson and Williams (£1) 1 15 0 Taranaki Oil. (24/7) 0 8 6 0 8 8 United Provisions (£1) — 0 8 0 Victoria Nyanza (£1) _ 0 12 6 Whitcombe and Tombs (£2 10s paid) 2 17 0 Woolworths (Sydney) (ord., cum dlv., 5s) 1 3 0 1 3 1 Woolworths (Sydney) (1st pref., £1) 2 0 0 Woolworths (N.Z.) (cum dlv., 5s) 0 16 4 0 16 11 Woolworths (N.Z.) (pref., £1) I 18 0 Overseas Listing Woolworths (S.A.) (5s) 0 14 8 0 14 10 Australian Broken Hill South (ex div., 5s) Mining 1 8 0 Mount Lyell (£1) 1 7 8 1 8 3 Mount Morgan (2s 6d) 0 11 0 0 11 5 Mt. Morgan (p£., £l) 1 0 9 North Broken Hill (cum div., 5s) 2 8 1 2 9 3 New Zealand Arahura (£1) Mining 18 0 Argo (cum dlv.. Is) _ 0 1 7J Argo (contr.. Is) 0 0 9 Austral-N.Z. (£1) 1 1 0 Big River (Is) 0 1 0 Clutha River (2s) 0 ’2 3 Gillespie’s Beach (Is) 0 1 0 Golden Sands (Is) 0 1 0 0 1 4 Goldfields Dredg. (Is) 0 0 23 Grey River (10s) 0 18 3 0 18 6 Kanierl (£1) 1 15 6 1 15 9 Maori Gully (Is) 0 0 7 New River (Is) 0 0 7 0 0 8 Skippers, Ltd. (Is) .. 0 0 1 Waihl Grand Junction (2s) 0 4 0 Worksop Extend. (Is) 0 0 10 0 1 0

All transactions In stocks quoted in this section are subject to special brokerage and not quoted on the official list. Buyers. Sellers. £ s. d. £ s. d. Assoc. Gold Dredges 0 6 6 0 7 0, Armstrong & Springhall (pref.) 17 0 Ballins Breweries 0 8 9 0 10 0 Blackball Creek 0 0 10 0 10 Christchurch Press .. 8 10 0 8 15 0 Ngahere 13 3 Whakatane Paper Mills 0 4 0 __ Whakatane Paper Mills (pref.) 0 6 0 0 10 0 Woolworths Properties (pref.) — 16 2

£ s. d. Stock. 1943-46, 4 p.c. 98 10 0 Stock, 1952-55, 4 per cent. 99 0 0 Stock, 15/3/39-43, 3J p.c. (cum Int.) 99 12 6 Stock, 15/9/39-43, 3i p.c. (cum Int.) 99 12 6 Auckland Harb. Board., 1954, 44 p.c. 101 5 0 Natl. Bank of N.Z. 2 6 6 Bank of New Zealand (2) 1 18 9 N.Z. Insurance 2 12 3 South British (2) 2 3 3 Pukemlro 0 17 0 Auckland Gas (con.) .. 0 11 0 Tattersfield 1 9 0 Aust. Consolidated Industries (ex bonus) 1 12 0 Colonial Sugar 48 17 6 Dunlop Perdriau (late sale) .. 1 1 11 Lewis Eady (pref.) (late sale) 0 14 0 Reid Rubber 1 4 9 Broken Hill South (ex div.) .. 1 8 6 Emperor , , 0 9 0 Rawang Tin (late sale) .. 0 7 5

Dunlop Perdrlau Rubber £ s. d. 1 1 11 Wilson’s Cement 0 15 6 Woolworths, Ltd. (ord.) (2) , 1 3 1 Woolworths, Ltd. (ord.) 1 3 0 (All above late Tuesday) Bank of New Zealand 1 18 9 Wellington Gas 1 10 0 Tooth and Co. (2) 2 16 3 Bums, Phllp and Co. .. 2 14 9 Myers Emporium - (pref.) 1 17 0 Wilson’s Cement 0 15 6 Woolworths, Ltd. (ord.) (3) 1 3 1

Sales Reported I.C.X. (pref.) (late Tuesday) .. £ d. 1 3 9 Bonds, 4 per cent., 1852-55 99 5 0 Stock, 4 per cent.. 1949-52 99 12 6 Nokomal Gold 0 1 9 Bank of New Zealand 1 18 9 U.S.S. Company 1 4 6 N.Z. Refrigerating (con.) 0 6 9 After Call Westport Coal .. ,. 1 0 9

Tooths £ £. 2 14 d. 0 Associated Newspapers (pref.) 1 2 6 Colonial Sugar 46 10 0 Afternoon Sales Bank of New South Wales 29 5 0 Commercial Bank of Sydney 20 8 0 Union Bank 7 19 0 Mercantile Mutual Insurance 1 9 3 Associated Newspapers 0 19 6 Huddart-Parker 2 14 0 Burns, Philp 2 11 6 Australian Gas A .. 7 2 0 British Tobacco 2 9 0 Tooths 2 14 0 Carlton Brewery 3 6 3 Woolworths 1 2 li Drug Houses of Australia 1 2 6 Kandos -Cement 1 8 0 Morts Dock 0 14 5 Hume Pipe 0 19 9 W. Atkins 1 2 3 W. Adams 0 15 3 Sargents 1 9 6 Goldsbrough, Mort 1 8 6 Wilcox, Mofflln 0 5 11 Henry Jones 2 9 3 Colonial Sugar 46 12 6 Electrolytic Zinc (pref.) 2 10 0 Mount Morgan 0 10 7 i Mount Lyell 1 6 n Broken Hill Proprietary 2 17 9 Broken Hill Proprietary (con.) 2 6 0 North Broken Hill 2 6 3 Broken Hill South 1 7 7i Rawang Tin 0 7 2 Arahura Gold .. - 1 8 3 Emperor Gold 0 8 6 Kanieri 1 15 0

£ s. d. Emperor Gold * .. 0 8 5 North Broken Hill .. .. 2 S 6 Myer Emporium .. 1 10 0 G. J. Ooles .. 3 16 3 Drug Houses of Australia .. 1 2 7 Felt and Textiles (pref.) .. • X 4 7 Adelaide Steam .. 1 11 9