STOCKS AND SHARES

Dominion, Volume 29, Issue 253, 22 July 1936, Page 12

STOCKS AND SHARES

Wellington Markets Steady

BUSINESS MORE ACTIVE Business was fairly brisk yesterday on the Wellington Stock Exchange, n substantial turnover being recorded. There were no outstanding features onD'market and prices showed minor change . m Commercial Bank of Australia w e firmer, but Bank of New Zealand were unchanged. Australian industrials were steadier at the lower rates. The following sales were recorded on (he Wellington Stock Exchange.

100—SliUHngs" Ltd.','i'2/6' paid 0 16 0 •Late sale Monday. WELLINGTON EXCHANGE

Yesterday’s Quotations The latest buying and selling recorded yesterday on the Wellington Stock Exchange were as follows.—

Austral New Zealand Mining, Ltd. The first gold-mining subsidiary company of Austral Malay Tin, Ltd., has been registered in New Zealand under the title Austral New Zealand Mining, Ltd., to operate the dredging property acquired on the Clutha River. New Zealand. Austral Malay shareholders will be offered a major portion of the present issue of shares in the new company in the proportion of nine shares for every five shares held in the parent company. These will be contributing shares of £1 each, payable 3/6 per share on application, 3/6 per share on allotment, and the balance in calls probably of 2/- per share each. It is intended that should prospecting operations now in progress or to be undertaken later by Austral Malay Tin, Ltd., in New Zealand, result in the acquisition of further suitable mining ground, either on the Clutha River or elsewhere in New Zealand, the new company will have the first option of taking over such further areas. Prospecting is being carried on, seven drills being in operation, and the later boring on areas adjacent to part of the ground included in the prospectus of the new company has developed a considerable additional yardage of profitable ground. . ,

No. of. £ d. S jOO—Bank of New Zealand .. 150—Taupo Totara Timber .. *0 0 11 3 0 £755—Inscr. Stock, 3J p.c.. 103 0 0 £50O-nitt'o, 4 P-c., .... £500—Ditto, 4 p.c., 1837-40 .... !>00—Control. Bank of Aust. . 101 0 100 17 0 18 0 0 fl J 100—N.Z. Refrlg.. 10/- paid .. 50—WRtn. Woollen, ord. ... fi 0 14 o 3 14 3 100 —Broken niu xiy. ••••••. 75— Electrolytic Zinc, pref. • 0 500 —King Solomon • fl fl 100 —Mount Lyell 300—Mount Morgan (3) .... Unofficial List. 15 25—Woolworths Ltd. ' ♦5 200—Selfridges (A/asia.), new 5 9

N.Z. GOVT. LOANS. Buyers. £ s. d. Sellers. £ s. d. 31 p.c. Inscr. Stock, 103 0 0 3J p.c. ditto, 1938-52 •. J02 15 0 —— 34 p.c. ditto, 1939-52 .. 102 lu 0 — . November, 10215 o 34 p.c. ditto. May, 1041-52 102 lo 0 4 p.c. ditto, 1937-40 .. 100 10 0 101 ~2 G 4 p.c. ditto, 1043-46 .. 104 10 0 — 3? P.c. Bonds. 1038-41 101 2 0 — 4 p.c. ditto, 1937-40 .. 100 12 0 —— 4 p.c. ditto, 1943-46 .. 104 la 0 . LOCAL BODIES' DEBENTURES. Mortgage Corpn 97 0 0 — OTHER DEBENTURES. Amalg. Brick (Wgtn.),. 7$ p.c., 31/3/44 .... 99 0 0 100 15 0 BANKS. 11 19 0 Comrcl. of Aust., ord. *0 18 < 0 18 9 Eng., Scot, and Aust. — 6 4 6 National of N.Z „ 3 8 6 New South Wales ... 3- 7 6 32 17 6 Bank of New Zealand . 2 0 0 2 0 6 Ditto. D long term .1 8 0. Union of Aust. ..... *9 7 0 — financial. Equitable Bdg. Co. .. — , 0 11 0 Goldsbrough, Mort .. 1 10 3 1 11 0 N.Z. Guarantee Corpn. — 0 5 7 N.Z. Invest., Mort, and Deposit — 0 9 3 N.Z Loan and Merc., 35 0 0 N.Z. and River Plate . 0 15 9 Wgtn. Trust. Loan .. 5 4 0 Newton King, pref. .. — 0 7 3 GAS. . 1 " Wellington, ord — 2 0 0 Ditto, pref. 15 0 Pending — 0 8 6 INSURANCE. National of N.Z. ..... 0 18 a 0 18 9 *3 3 0 South British ....... — 4 13 6 meat preserving. 0 19 6 N.Z Refrig., 20/- paid — 10 4 Ditto, 10/- paid .. 0 9 8 0 9 10 Wgtn. Meat Exp — 0 6 3 TRANSPORT. Huddart, Parker, pref. — n 18 0 Union Steam, pref. .. 16 0 > — .1 P. and 0. defd. stock .14 6 — t WOOLLEN. Bonds Hosiery Mills 0 19 3 10 3 1 18 0 110 Prestige N.Z., pref. .. 13 6 —— Wellington, ord 0 3 0 6 7 0 COAD. MM TIMBER. Iv fin r i —— 14 0 Leyland-O'Brien .... — 13 0 National ' — 0 14 0 Taupo Totara, ord. .. — 0 11 G BREWERIES. 2 19 6 2 14 3 Staples and Co *1 14 9 1 17 0 2 13 (i Tui — 2 13 0 • i MISCEIZLANEO U S. Anthony Hordern ... — 0 19 0 Australian Glass ... . 4 12 0 4 13 (5 British Tobacco, Aust. 2 0 7 210 Broken Hill Pty. ... 3 13 6 3 14 3 Ditto 2 14 8 2 15 0 Claude Neon Lights (N.Z.) — 2 10 Colonial Sugar — 43 5 0 Consol. Brick & Pipe —. 0 10 0 ■ ■ D.I.C., ord. 0 15 6 - Dunlop Perdriau .... 0 IS 6 0 18 7 Electrolytic Zinc *2 1 G 2 2 3 Ditto, 8 p.c. pt. pref. — •2 4 3 General Industries .. — 0 19 10 G J Coles .... *3 19 6 4 0 3 Henry .Tones Co-op. .. 2 2 6 2 4 5 3 19 0 Sharia nd and Co. ... — 110 United Provisions .... 0 14 8 —— Wilsons N.Z. Cement 2 0 0 2 0 9 Woolworths N.Z., ord. 5 10 6 5 17 G 110 MINING. King Solomon 0 1 8 - - Martha — 0 19 0 Skippers ...... 0 0 3} 0 17 Mount Lyell 1 6 6 Mount Morgan 70 14 6 0 14 9 Placer Development . 5 0 0 •Com dividend. tEx dividend. Unofficial List Buyers. Sellers. £ s. d. £ s. d. Woolworths Ltd 5 14* 3 5 15 6 Ditto, W.A., Ltd. . — 6 0 0 C. and A. Odlln, ord. 0 13 G 0 18 6 Selfridges (A/asia.), new issue 1 5 3 16 0 Shillings Ltd., 12/6 pd. — 0 16 4 Tlproff Seal Cap .... 2 5 0 2 10 0 Vacuum Products. 10/shares, 5/- paid .. 0 3 6 —