STOCK & SHARE MARKET

Evening Post, Volume CXV, Issue 11, 14 January 1933, Page 14

STOCK & SHARE MARKET

SATURDAY, 14th JANUARY, 1933,

Latest Quotations. Buyers. Sellers. £ 8. d. £ a. d. N.Z. Government Loans— 4% p.c. Bonds, 1941.. 94 0 0 — 4H p.c. Bonds, 1939 .. 94 10 0 — 4.M p.c. Bonds, 1938 .. 94 10 0 — s%'p.c. Bonds (Sept.., 1937) 100 0 0 — s'/s p.c. Bonds, 1937 95 10 0 — Wi p.c. Stock, 1939 .. 95 0 0 — Vk p.c. Stock, 103S .. 05 0 0 — 5Vz p.c. Stock (Sept., M 37) 100 r, 0 • — 5% p.c. Stock, 1937 .. 95 10 0 — Debentures— Chch. Drainage Bd 5% p.c., 1965 ... _- 07 10 o Wgtn. Gas. Co '99 V> 6 — Wgtn. Racing Club . — 05 0 0 BanksAustralasia gls 0 9 7 6 New South Wales ..-26 5 0 2S 0 0 New Zealand 2 2 6 2 3 0 Union Gl9 0 7 3 0 FinancialEquitable Building .. — 2 0 0 N.Z. Invest., Mort., and Dep — o 7 1 Wgtn. Invest., T. and A — '0 4 6 Wgtn. Trust and Loan — 410 0 Wgtn. Dep. and Mort — 053 GasWellington (ord.) 19 6 — Wellington (pref.) .. 017 6 — Insurance— Aust. Prov. Assce... 0 6 0 0 7 3 National o 13 6 New Zealand 2 19 — South British ....... 2 14.9 — Meat— . Gear i g o _ {Transport— Hiiddart, Parker (pref.) 0 19 0 — Union Steam (pref.) 10 0 — P. &O. Defd. Stock 0/16 6 — Woollen— - Mosgiel fl 50 Wellington (ord.) .... — 54 0 Wellington (pref.) .... — 5 4 0 Timber— Leyland, O'Brien .... — 019 0 National , — 0 5 9 Taringamutu ...,..' — 0 5 0 Breweries— N.Z. Breweries i 5 9 169 Miscellaneous— Brit. Tobaco (ord.).. — 10 3 Burns, Philp 2 2 0 2 4 6 Colonial Sugar 46 0 0 — Domin. .Investments 110 Electro. Zinc (pref.) . 15 9 16 3 Henry Jones Co-op.. 112 0 113 C .Howard, Smith (ord.) — 010 0 National Electric — 0 10 0 N.Z. Drug — 2 17 0 Sharland & Co. (ord.) 017 6 — Sharland & Co. (pref.) 017 6 — Wgtn. Queen's Theatre — 110 Wilson's Cement 16 3 17 9 Oil— Moturoa o 4 0 MiningAlexander (cont.) .... — OIS 9 Golden Dawn „ — 0 5 4 Mt. Lyell 019 3 10 0 Okarito _ 0 9 0 Waihi — 0 19 0 Big River — o i 5 Reported sale this day: Electrolytic Zinc (pref.), 265. Sales late yesterday:—Wellington Gas (ord.), 29s Od; Westport Coal, 10s od: N.Z. Drug, 565.

PRICE AND RETURN

Sales reported and made on the Stock Exchanges of the Dominion yesterday, with the highest prices and the approximate yields per cent. ( per annum'to investors (all subject to appropriate taxes), based on the last annual dividends and bonuses, if any, including redemption in the case of redeemable securities where dated, were as follows:— Highest Yield price, p.c, p.a. £ s. d. £ s. d. Wellington. 5% p.c' Govt. Stock (Sept., 1937) a. 100 2. 6 , 5 19 2 5% p.c. Govt. Stock (Feb., 1937) a. 100 5 0 6 0 S 5% p.c. Govt. Stock (1933) :.....'a. 99 12 6 913 0. Westport Coal 0 10 5 \7 4 0 N.Z. Drug 216 0 5 7 1 Wellington Gas ..... 1 9 6 5 8 6 Big River 013 — ■>

Auckland,

6 p.c. Hamilton Fire Board (April, 1939) a. 96 0 0 7 4 0 Bank of N.Z. ...... r. 2 2 6 6 14 10 Nat. Bank N.Z r. 3 4 0 5 8 6 N.Z, and River Plate 019 13 9 4 7 Kauri Timber 0 10 3 — N.Z. Breweries ....r. 15 6 6 5 5 Tooth's Brewery .... 110 9 5 4 0 Wilson's Cement .... 16 9 7 0 6 Golden Dawn 0 4 (i — Okarito 0 8 9 5.14 3 Grand Junction .... 032 10 10 6

Christchurch.

5Vs p.c. Govt. Stock (Sept., 1937) ....a. 100 12 6 510 6 Union Bank ........* 700 217 1 Electro. Zinc (pre£o . 1 511 6 3.5 British Tobacco 19 0 4 2.9 N:Z. Drug' 216 0 5 7 1 GUlespie's Beach .... 0 0 9 — Golden Point 0 0 4 — Alexander ■ Mines (con.) 017 0 23 16 5

Dunedin,

5Vi p.c. Govt. Stock (Sept., 1937) a. 100 2 6 519 2 N.Z. Breweries ....r. 16 0 6 3 1 Waitahu 0 3 10 — * —Cum. dividend. a. —Market price includes accrued interest less 10 per cent, tax, but not brokerage. r. —Interim dividend reduced.

LONDON PRICES.

(Received 14th January, 12.30 p.m.) LONDON, 13th January. P. and O. deferred shares sales, 17s; Mount Lyell, 16s 10% d.

AUSTRALIAN SHARE PRICES.

SYDNEY, 13th January. Bank shares were more active, and retained their market strength on the Stock Exchange to-day. Commonwealth bonds were quiet. Leading stocks showed a hardening tendency. Sales: Bank of New South Wales, £30 10s; Commercial Banking Co. of Sydney, £16 2s Cd; National Bank of Australasia, £10 paid, £11 18s; Queensland National Bank, £5; Bank of New Zealand, 475; Colonial Sugar, £53 ss; Dalgety's, £7 15s; Adelaide Steam,.2ls 9d; Millaquin Sugar, 275; Fairymead Sugar, 26s;'Toohey's Brewery, 20s 10% d; Tooth's, 35s 4Md; Henry Jones, 375; Dun-lop-Perdriau, 17s 3d-; Australian Glass, 455; British Tobacco, 325; Mount Lyell, six weeks, 22s 3d. Commonwealth bonds, 4 per cent., 1938, £102 2s 6d; 1941, £102 10s; 1944, £102 13s 9d; 1947, £102 12s 6d; 1950, £103; 1953, £103 Cs 3d; 1959, £102 10s; 1061, £102. MELBOURNE, 13th January. Sales: Commercial Bank oE Australia, 16s 4d; Electrolytic Zinc, 18s; North Broken Hill, 71s 6d; Mount Lyell, 22s 6d.

DOLLAR EXCHANGE RATES.

Current dollar exchanges to be quoted by the New Zealand banks from Monday, 16th January, compared with recent quotions, are as follows:— U.S. Dollars to £1. 29th Dec. 9th Jan. 16th Jan. Buying 3.43 3.44 3.45 Selling 3.23 3.24 3.25 Canadian Dollars to £1. Buying 3.85 3.87 3.59 Selling 3.65 3.67 3.G9

STERLING EXCHANGE.

(British Official Wireless.) RUGBY, 13th January. Sterling exchange:—New York, 3.3-11& dollars.