STOCKS AND SHARES

Dominion, Volume 32, Issue 234, 1 July 1939, Page 14

STOCKS AND SHARES

Wellington Market Idle

A WEAK TENDENCY Next to nothing was doing on the Wellington .Stock Exchange yesterday, the markets being extremely dull, and the turnover very small. Prices "’ere generally unchanged; but a weak tendency was apparent. . Government stocks showed little change. Banks, ■ financials and insurance shares, were quiet, and there was a very meagre inquiry for industrials.

WELLINGTON EXCHANGE

Yesterday’s Quotations

“ The latest buying and selling quotations recorded yesterday on the Wellington ; Stqck Exchange were as follows:—

NATIONAL BANK OF N.Z.

Payment Of Final Dividend

The general manager- oi The National Bank of "New Zealand, Ltd,, announces payment on July 4 of a filial dividend foe the half-year ended March 31, 193 J, at the rate of 5 per cent, per annum, less United Kingdom income tax of 3/( m the £ The above dividend will be payable in New Zealand at any branch of The National Bank of New Zealand, Ltd at the rate of exchange for demand drafts on London, current at date of dividend. An interim dividend at the rate of o per cent, per annum, less United Kingdom income tax, was paid in January last, and the total dividend for the year, with exchange added, will give the shareholder in New Zealand .a return of £5/1/8 per cent. , This bank shows its capital and re-. Subscribed capital ro’twmnm Paid-up capital £2,000,000 Reserve fund (invested in Government securities).. £1,000,000 Currency reserve (invested in Government securities) .. £000,VUl) Reserve liability of shareholders) £(>,000,000 And in addition, there are undivided profits carried forward of £114,131. In the balance-sheet, liquid assets stand at £5,339,0(H), which is equivalent to 3(5.52 per cent., or 7/3 in the £ of total liabilities to the public, and for every £1 of its own funds, the bank is holding £4/0/11 of the public’s money.

N.Z. GOVT. LOANS. Buyers. £ s. d. Sellers. £ s. d. $ p.c. laser. Stock, 15/7/1930-41 3J p.c. ditto, 15/9/ 97 0 0 1939-43 98 10 0 98 17 6 'Ditto, 15/3/1941-13 .. 98 10 0 —. ‘Ditto, 15/9/1941-43 .. 98 10 0 —— Ditto. 15/1/1953-57 .. 3} p.c. ditto, 15/11/ ■ — DC 15 0 98 0 1938-41 0 — 4 p.c. ditto, 15/3/ 1940-43 98 10 0 9'J 0 0 Ditto, .15/2/1943-46 .. 98 7 6 —— Ditto, 15/4/1946-49 .. — 97 15 0 Ditto, 15/6/1952-55 .. 3J p.c. Bonds, 15/1/ 95 15 0 1953-57 98 0 0 — St p.c. ditto, 15/11/ 1938-41 ........... 98 0 0 —* 5 p.c. Rural Bonds, 15/9/1947 ........ — 98 10 0 LOCAL BODIES’ DEBENTURES. Auck. City, 4i p.c., 1/1/ 100 10 44-45 0 — Ditto, 44 p.c., 1/1/44-52 100 10 0 — Wanganui Hr. Bd., 4), 99 P.C., 1/4/55 —— 5 0 Wgtn. Hosp. Bd., 4 p.c., 10/12/43 98 10 0 BANKS. Control, of Aust.., ord. 0 15 9 0 16 0 Eng., .Scot, and Aust. i —— 5 3 0 National of Australasia, , £10 paid .... 1 18 13 15 0 New Zealand 9 1 19 3 Ditto, D. long term 1 6 5 —• Union of Aust.,,...... 8 1 0 FINANCIAL. Abraham and Williams 0 9 0 16 6 — Ditto, deb. stock ., 9 —— Dalgety and Co. • > •. : — 6 15 0 Equitable Bdg. Co., ... 0 11 0 0 — General Finance ..'... —- 17 9 Goldsborough. Mort ... —— ■ 1 7 0 National Mortgage,, B. Newton King, pref. .. —— cl , <) 0 — 0 8 3 N.Z. Guarantee' Corp. — 0 4 0 N.Z. Invest;, Mort, and Deposit ,. 0 9 6 Wairarapa Farmers, ord.' ............. 0 0 o — GAS Christchurch 1 4 9 —— Ditto, contrlb ■ —— 0 13 0 Feildlng 0 2 2 —— Wellington, ord — 1 10 0 INSURANCE. National of N.Z. ..... 0 16 6 O 16 8 New Zealand . —— 12 3 South British — 3 0 Standard — - 13 6 MEAT PRESERVING. Gear Meat 0 10 6 — Southland. — 1 8 0 TRANSPORT. Huddart, Parker, ord. — 4 16 0 Kelburne Tram., ord. 1 3 0 , WOOLLEN. Bond’s Hosiery Mills 1 0 O i —• 1) Bruce * • —— 0 10 Kalapoi 0 12 lu 3 Oamuru ' —— 0 0 Prestige (N.Z.), pref. 1 2 11 Timaru ...........:■ • _ - u Wellington, ord. ..... —-. o, V 0 Ditto, pref. 5 5 —■ COAL. Westport 1 1 0 Westport - Stockton, pref. .... ;• — 0 8 1 timber. . 0 Rotoitl 0 3 6 3 9 Ditto, pref. ....... 0 15 6’ Taringamutu 0 13 0 Taupo. Totara, pref. .. , 0 15 0 — Ditto, 16/- pd„ pref. 0 12 6, — BREWERIES. 3 N.Z. Breweries — 1 17 MISCELLANEOUS Broken Hill Pty — 3 Consol. Brick & Pipe cO 9 o ' 0 9 6 Donagby’s Rope 2 7 9 —* D.I.C., pref 1 1 O Dunlop Perdrlan .... —— .1 1. 2 Electrolytic Zinc, ord. 2 10 •> 6 Ditto, pref —— 15 G. J. Coles, rights. ... Howard Smith, ord. . . — 11 0 —— 1 1 7 l.C.I. Aust, and N.Z., pref. ... Macduffs, ord . 1 o 0 0 0 1 8 0 2 Ditto, pref McKenzie’s 0 6 0 —— -- 5 0 Moturoa Oil —— 0 4 9 Ditto, pref — 0 5 0 National Electric .... —- 0 13 7 N.Z. Drug 3 6 6 - N.Z. Newspapers .... 1 12 0 —— N.Z. Paper Mills 1 3 9 Radio (1936) ....... — 0 17 6 6 Wilsons (N.Z.) Cement — 0 17 Woolworths Ltd., ord. 1 3 7 —— Woolworths (N.Z.), ord. cO 17 6 Woolworths Properties cl 5 0 1 Ditto, rights 0 1 11 0 2 0 C. M. Banks, pref. ... — 0 14 0 Dominion Rubber — 1 0 0 MINING. Alexander, 15/- pd. .. Big River — 0 7 3 0 0 Martha 0 9 6 Mossy Creek 0 0 0 New River cO 0 8 Australian Mining. Broken Hill South .. 1 8 6 Mount Lyell ........ —— 1 4 6 Mount Morgan ...... — c Cum dividend. 0 10 - Unofficial List .■■1 II— Buyers. Sellers. £ a. d. £ 8. a. Assoc. Motorists’ Petrol, pref. Frozen Products Ltd. 1 4 0 0 ~9 6 Metiers (N.Z.) Ltd. .. 0 13 0 — Silknit (N.Z.) Ltd. '.v — 0 o Taranaki Oil Develop'4 merits 0 Wgtn. Perm. Buildings 9 17 6 Fluenzol Pty.. Ltd. .. 1 3 0 National Tobacco. ... — 1 16