STOCKS AND SHARES

Dominion, Volume 30, Issue 250, 19 July 1937, Page 12

STOCKS AND SHARES

Australian Industrials Firm banks weaker last week ' A weaker tendency in banks and an improvement in Australian wdustrial issues were the principal features of the stock and share markets last week. , Tra ing was not active, and the recorded turn over was below the average of recent loans were firm on an active demand, but supplies-were scarce and business was restricted. Local body and company debentures were traded spar--lUBank of New Zetll l a ? d ened on sales from 44/(5 to 43/S, the D long-term mortgage shares were firmer at 27/3 to 27/6, but no dealings were reported. Commercial of Australia eased from 18/11 to 18/5, but recovered on Saturday to 18/8. National of New Zealand were weak at 61/14 to 60/-. Unions eased from £lO/15/- to £lO/14/-. end New South Wales sold down to £3o/a/-. Australasias were easier at £l2/10/-. national of Australasia were steady at £lo. Insurance shares were firm, Nationals selling at 18/3, New Zealands at 66/-, and South British at 97/-. Dalgetys firmed from £lO/2/6 to £lO/4/6, and Goldsbrough Morts from 34/9 to 35/3. Breweries were quiet and but _ little changed. There was not much doing in New Zealand industrials. Gear Meats sold at 16/9 and N.Z. Refrigerating, 10/paid, improved from 8/10 to 9/1. Australian industrials were definitely firmer. Australian Glass sold at 92/-,..and British Tobaccos at from 49/2 to 50/-. Colonial Sugars touched £47/17/6, but eased later to £47/10/-. Dunlop Perdriaus advanced on dividend expectations to 24/1 and eased later to 23/7. Hume Pipes improved from 19/5 to 20/-. Broken Hill Proprietary made a -goon recovery on active trading from 81/9 to 84/3. Electrolytic Zincs were irregular on profit-taking sales, and Mount Lyells showed little change on the week. Broken HilUSouths and North Broken Hills were a little easier. Mount Morgans weakened from 12/1 to 11/4. G. J. Coles advanced on the dividend and bonus share issue announcement to £5/11/6, but weakened later to £5/9/6. The Woolworths issues were less active and somewhat easier. Gold-mining shares were dull. Business recorded on the Wellington Stock Exchange on Saturday was as follows

WELLINGTON EXCHANGE

Saturday’s Business The latest buying and Boiling quotations recorded on Saturday on the Wellington Stock Exchange’were as follows N.Z. GOVT. LOANS. ... . Buyers. Sellers. £ s. d. £ s. d.

Unofficial List

No. of shares. £ s. d. 100—Commercial Bask •0 18 8 100—Dominion Breweries (2) •2 3 e 50—British Tobacco •2 9 ii •■50—Ditto » •2 10 0 225—Broken HUI Pty. (2) ... »4 4 3 10—Colonial Sugar *47 10 0 100—Dunlop Perdriau . 3 7 150—N.Z. Guarantee Corp. .. 0 4 11 100—Wellington Alluvlala 0 5 4 Unofficial list:— 50—Woolworths Iztd. ...... IS <5 50—Ditto te u 8 •Late sale Friday. fReported after last call

34 p.c. Inscr; Stock, ‘ 3/1939-43 102 0 0 — Ditto, 9/1939-43 .... 102 0 0 —— Ditto, 9/1941-43 .... 102 2 6 —— ■ Ditto, 11/1941-52 .... 102 10 0 —— Ditto, 5/1941-52 .... 102 10 0 —- 34 p.c. ditto, 11/1933-41 101 0 0 —— 4 p.c. ditto, 3/1940-43 101 w 6 104 — Ditto, 2/1943-46 ; .... — 10 0 Ditto, 4/1946-49 ;... . 104 10 0 35 p.c. Bonds, 15/11/ 1938-41 101 0 O — 5 p.c. Rural Bonds, 15/9/1947 ........ 102 5 0 —— 3 p.c. Inscr. Stock, 15/7/39-41 ../.... 97 10 0 — LOCAL BODIES' DEBENTURES. Makerua Dge., 4£ p.c., 1/8/45 —— 101 10 0 Ditto, 1/8/53 ....... . — 101 10 0 Wgtn. City, 41 p.e., 0‘ 1/2/57 .. 104 15 — OTHER DEBENTURES Amalg. Brick,. Wgtn. Grand Central Bldgs. •— . 99.10 0 60 0 0 Gisborne Sheep-farmers, ’ . GJ p.c., 31/8/41 .. 10O 0 0 — BANKS. Adelaide .............4 0 0 O Comrcl. of Aust., pref. *9 8 0 -— Eng., Scot, and Aust. —- 6 1 € National of N.Z. ..... — 2 6 New South Wales .... 35 2 6 New Zealand; 2 3 8 Ditto, D. long term 1 7 3 —: FINANCIAL. Equitable Bldg. 0 10 6 ■>— N.Z. Guarantee Corp. 0 4 10 0 5 0 N.Z. Invest., Mort, and Deposit ......... —— 0 10 3 Wgtn. Trust, Loan .. :■ — • 5 15 0 GAS. Auckland 1 1 3 1 o 0 Ditto, contrib. .... — 0 16 0 Christchurch 1 7 6 — Ditto, contrib. .... 0 13 3 Gisborne • — 0 9 6 Napier, ord -..a.. 10 0 0 11 0 0 Ditto, pref. ....... 10 0 0 11 0 0 Wellington, ord. 115 6 1 16 6 Feilding 0 0 — INSURANCE. National of N.Z —— 0 18 4 Queensland ......... — 2 19 3 South British 4 17 0 — MEAT PRESERVING. Canterbury .......... 9 12 6 ——- Gear Meat 0 16 4 0 17 2 N.Z. Refrigerating ... 0 19 3 —— Ditto, 10/- paid .... 0 8 11 0 9 TRANSPORT. Union Steam, pref. .. 1 6 0 —— Kelburne Tram., ord. 1 1 0 —— Ditto, pref 1 1 0 — WOOLLEN. Oamaru ............. 0 18 —- Wellington, ord —— 5 19 0 Ditto, pref. 5 18 0 —— Timaru — 0 19 0 COAL. Westport ............ 1 3 __ Westport-Stockton —— 0 —i G Renown, pref 0 2 e — TIMBER. 3 Kauri .. — 1 3 Leyland-O'Brien 0 17 s — National —- "0 11 0 Rotoiti — 0 5 0 Taringamutu - 0 15 0 — Taupo Totara, ord. .. —- 0 9 0 Ditto, pref. ........ — 0 39 9 Ditto, 16/- pd„ pref. — 0 lo 9 BKEWEBffiS. Dominion ........... 2 3 V —— N.Z. Breweries —— A 11 0 Staples and Co. ....... 2 10 9 1.1 6 Tooth and Co 2 15 0 2 15 9 MISCELLANEOUS. 19 Anthony Hordern ... ——■ a 1 Aust. Glass — 10 4 12 9 British Tobacco 2 9 6 Ditto, pref “1 11 0 1 12 Broken Hill Pty 4 Burns, Philp and Co. 4 3 4 3 4 6 —- 13 6 Claude Neon Lights 10 (N.Z.) 1 5 0 1 0 Colonial Sugar ...... —- 47 15 0 Consol. Brick & Pipe 0 8 9 —• Denhard, ord. ...... O 7 6 0 12 6 Ditto, pref 1 0 0 Dental & Medical Sup. —-— 0 12 9 Dominion Fertiliser . 1 3 s —• Dunlop Perdrlau ... 1 3 »» 1 o 9 Electrolytic Zinc, ord. 2 18 0 Ditto, pref. - G. ,1. Coles *-J 18 9 9 6 5 19 10 3 O Henry .Tones Co-op. . 2 7 9 _• 9 0 Hume Pipe • - ' o 19 7 Macduffs, pref — 1 6 0 .Milburn Lime 2 0 0 —— Morris Hedstrom .... — 1 11 0 National Electric .... —•— 0 15 1) N.Z. Newspapers .... —- 1 17 0 Procera Bread; ord. .. — 1 0 0 Sharland <fc Co., ord. 0 19 6 Shillings Ltd U 18 3 — Taranaki Oil 0 4 9 —— United Provisions ... — 0 10 Woolworths-(N.Z.), ord. 5 < 6 — Woolworths Ltd.. 2nd pref. 1. Woolworths (N.Z.), 8 0 — rights — 4 G Moturoa Oil. ord —- • 0 •_> Felt and Textiles .... 1 19 ? MINING. Argo ...... 0 2 0 Gillespie’s Beach ... 0 1 6 i?ga-»»an p o n co ’'U 3 » 18 Si

0 1 8 Waihi Grand Junction 0 2 10 0 « 0 Australian Mining. Broken Hill South .. 2 8 0 — ■ Mount Morgan 0 11 6 North Broken nill .. — 3 16 0 Placer Development - — 4 1 6 ♦Cum dividend.

1 Buyers. £ B. <1. .Sellers. £ s. d. i Woolworths Ltd. (1 14 0 « K « | MeKenalas Dap t. Stores as i 1-S*