STOCKS AND SHARES

Dominion, Volume 29, Issue 197, 18 May 1936, Page 12

STOCKS AND SHARES

Business Brisk Last Week AUSTRALIANS PREFERRED Business was brisk in the stock and share markets last week and there was a substantial increase in turnover. lhe most favoured issues- were those of Australian industrial and trading concerns, which were traded actively ami showed a distinctly firmer tendency. Broken Hill Proprietary, for example, advanced on sales from 60/9 to 64/-, a gain of 3/3, ami the new issue 10/- paid sold to 30/b. Australian Glass had good business at from 88/- to 89/3. British Tobaccos were firm at up to 40/-. and there were frequent dealings in Dunlop-I’erdriaus, which touched 16/4. G. J. Coles staged n strong advance, sales ranging from 73/6 to 77/3, a rise on the week of 3/9. A feature of the weeks trading was the sharp rise in Woolwortbs..following the announcement of the doubling of the Sydney concern’s capital, carrying a boons share distribution of one for one ordinary. Woolworths Ltd. moved UP on active trading from £7/17/6 to £9/16/-, and Woolworths (N.Z.) ordinaries sold at from £6 to £7/10/-. Some fairly large parcels ot Government 3} per cent, stock changed hands during the week at firm rates, The 4 per cent, stocks, 1955, advanced to £lO6/2/6. Local body issues were neglected, amt there was some activity in company debentures. . , Banks were rather dull. New Zealam.s recovered from 45/- to 46/-, but fell back on Saturday to 45/3: the D long-term mortgage issue sold at from 00/- to -J/ - . Other banks showed minor changes. \ fair volume of business in New Zealand industrials was recorded. prices showing little movement. Wellington Woollens sold at £6/5/- to £6/5/6. The following table shows the sales recorded on the Wellington Stock Exchange on Saturday, the number of shares being given in each case: —

WELLINGTON EXCHANGE Saturday’s Quotations The latest buying and selling recorded on Saturday on the M elllngton Stock Exchange were as follow:—

to London or Rotterdam, £l2/2/6 a ton (£ll/15/-) : smoked, to Marseilles or Genoa, £ll/15/- a ton (£ll/7/6); plantation. Rabaul to London or Rotterdam. £l2/15/- a ton (£l2/7/6). Linseed oil: £27/10/- a ton (same). Turpentine: 39/3 a cwt. (39/9). Base Metals Market Telegraph—Press Assn.—Copyright (Received May 17. 0.30 p.m.) Tain don. May 15. The official London (middh’t quotations for Friday, as reported by tin* Australian Mines and Metals Association, com pare with those previously cabled as fol low

PricvM of Ollier Meta In. To-day’s quotations tor other metals, with those of May Bin parentheses are as follow:— Pig-iron: Home trade. £3/111/• a ton (same): export. £3/Ilb- a lon tsam<’». Antimony: British. £67 a ton »£7<H; for cign. not quoted ( £ 16/10/- f. Molybdenite: 36/6 a unit (same). Wolfram: 33/3 a unit (33/9). (iridium; tn )UIO «« tmvc*

shares £2370 Infer. Stock. 3i £ 6. <1. !>.<•., Mar.. 1039-43 *102 15 0 £5000 10 Ditto. 1939-43 .... Commercial Banks. *102 0 0 CO Co.. Sydney Wellington Woollen *20 0 ord *6 ;> 0 40 Ditto, pref *6 9 3 400 N.Z. Breweries .. ♦2 13 100 Staples and Co. .. *1 14 II 50 100 Broken Hill Pty. .. Burns, Philp and 3 3 Co *3 10 9 200 Dunlop Perdriau .. 0 16 50 300 G. J. Coles Wilson's N.Z. Cem*3 15 6 ment • Unofficial List. ♦2 4 9 25 Woolworth*? Ltd. .. *9 ♦Late sale Friday. 15 0

N.Z. GOVT. LOANS. Buyers. £ s. d. Sellers. £ s. d. 31 p.c. Inscr. Stock, March, 1939-43 102 10 0 — 3} p.c. ditto, September, 1939-43 102 7 6 — 31 p.c. ditto, March, 102 1941-43 O 0 3} p.c. ditto, September, 102 1941-43 0 —— 3} p.c. ditto, 1939-52 .. 101 lo 0 —■ 31 P.c. ditto, 1938-41 •• 101 15 0 103 —‘ 4 p.c. ditto, 1937-40 .. 102 —• 0 0 4 p.c. Bonds. 1037-40 7 6 —— 4 p.c. ditto, 1943-46 •. 103 10 0 —— 4 p.c. ditto, 1946-49 .. 104 0 0 — 4 p.c. ditto. 1952-55 .. 105 15 0 —— g p.c. Rural Bonds, 1947 103 0 0 — DEBENTURES. Antals. Brick (Wgtn.), 7j p.e., 31/3/44 .... — 100 10 0 BANKS. Australasia 11 17 B 12 2 6 Coinrcl. of Aust., ord. —— 0 19 8 Ditto, pref. 9 5 6 —— National of N.Z — 3 14 0 National of Australasia, ♦15 .£10 paid 0 0 —— Dilto, £5 paid .... *7 6 0 10 0 New South Wales .... — 3 33 r > 0 New Zealand o 5 6 0 Ditto, D long term i 9 9 1 10 6 Union of Aust — 9 IS 0 FINANCIAL Goldsbrough, Mort and Co 1 11 3 1 12 0 Mortgage Corporation 0 10 1 •— N.Z. Guarantee Corp. 0 o 3 0 5 6 Wgtn. Invest., T. & A. 0 9 0 •— Wgtn. Trust. Loan .. 0 —— Newton King, pref. .. 0 6 0 —— Wlnchcombe Carson . — 1 12 6 GAS 9 0 Auckland Gisborne 1 0 ;> — Napier, cont 0 0 •— Wellington, ord. .1.. - 0 3 — INSURANCE. National of N.Z to 18 3 0 19 0 New Zealand 3 0 3 3 0 9 Standard — 3 4 0 MEAT PRESERVING. N.Z. Refrig., 10/- paid Wgtn. Meat Exp., pref. 0 9 1 0 9 5 0 17 6 1 0 0 TRANSPORT. lluddart, Parker, ord. —. 1 18 0 Ditto, pref 1 7 0 1 9 0 Union Steam, pref. .. *1 6 9 — Kelburne Tramway .. — 1 7 9 WOOLLEN. Wellington, ord 6 2 0 —-- Ditto, pref 6 0 0 — Oamaru •1 i 6 1 2 G Bonds Hosiery 0 18 10 — COAI Kaltangata —— 1 5 0 Pukemiru 1 6 — TIMBER. Kauri — 1 4 3 Levland-O’Brien .... 1 0 1 3 G Taupo Totara, ord. .. 0 10 0 — BREWERIES. N.Z. Breweries 13 2 9 13 5 Staples and Co. 1 13 9 — Tooth and Co 12 ; — Tul Sunshine 0 3 6 0 — MISCELLANEOUS. Anthony Hordern 0 19 0 0 19 9 Aust. Glass 4 9 (1 — British Tobaccc 0 0 9 0 8 Broken Hill Pty *3 3 0 — Burns. Philp and Co. •3 10 6 3 10 9 Colonial Sugar 41 (I 41 10 0 D.I.C.'. ord 0 15 0 Ditto, pref — 1 3 G Dunlop Perdrlau G. J. Coles 0 10 i) (1 1G 7 3 15 6 — N.Z. Drug 3 17 0 — N.Z. Newspapers .... — ♦ o 3 6 Procera Bread, ord. .. 0 14 Ditto, vendor .... 0 14 6 — Taranaki Oil 0 0 (i — Wilsons N.Z. Cement 3 0 — Woolwortlis N.Z., ord. (J 15 0 Ditto, prof — 1 17 0 Ditto. Ltd., second pref 1 4 0 — Hume Pipe 0 17 1 0 17 t) Douagliy’s Rope .... — 11 6 — Victoria Laundry — 1 o G mini; s’G. Big River 0 o 3 Gillespies Beach 0 Martha 0 i» 9 — Mossy Creek 0 1 3 0 1 7 Waihi Investments . 0 11 0 Antonios 0 0 6 — Australian. Mount Lyell *1 4 2 Mount Morgan —— ( 16 0 Bundi Tin 0 15 6 *Cum dividend. 7 Ex dividend. Unofficial List Buyers. Hers. s. |. £ 8. <1. Woolwortlis Ltd., cum bonus issue J) 10 0 Ditto, W.A.. Ltd. . 12 0 0 C. and A. Odlin. ord. . 2 6 0 16 .. John Fuller and Son. debentures — .$(» 0 0 National Magazines. pref — 1 1 G N.Z. Woolpack and Textiles Shillings Ltd.. 5/- pd. (1 6 0 0 (I 12 0 7 10! . 1 aeiitim Products. It)/shares, 5/- pd. .. 0 0 Ditto 10/- fully pd. 0 w o

May H. May. 1 Pit Ii II Copper— p s d 1 Standard. spol :;g 11 It nr. 11 11 Kitto. forward II -j •’IB 11 K Electrolytic in 15 II 11 0 0 to It 5 0 11 . > 0 Wire bars 41 5 0 11 ,1 0 Lend— Spot 15 S 9 15 KI 0 Forward 15 11 3 15 11 3 SpelterSpot 11 10 0 11 in Q Forward 11 15 0 15 (I b TinSpot 204 15 0 205 s 9 Forward IPS 12 6 itm s jj SilverStandard. per O’Z. . 20 9-1 Gd. °0 7-Sil ill.