PRODUCE & MARKET REPORTS FROM DAY TO DAY

Evening Post, Volume CXV, Issue 140, 16 June 1933, Page 10

PRODUCE & MARKET REPORTS FROM DAY TO DAY

i STOCKS AND SHARES

BRISK TURNOVER REPORTED SALES SYDNEY, June 13. On the Sydney Stock Exchange today brisk trading covered a wide range of issues, gilt-edged securities figuring largely in the turnover. Goldsbrougli, Morts had a good forward move. Afternoon sales: Bank of New South Wales, £32; Commercial Banking Co. of Sydney, £17; National Bank of Australasia, £5 paid, £6 10s; Union Bank of Australia, £8 12s 6d; Dalgety's, £9 10s; Australian Gas, A, £7 4s; Colonial Sugar, £57 las; Associated News, 9s 3d; DunlopPerdriau, 18s 9d; ditto, pref., 335'10%d;: Goldsbrough, Mort, 27s • 3d; Australian Iron and Steel, pref., 14s 3d; Standard Cement, 13s 8d; Amalgamated Wireless, contributing, 23s Gd; Berlei, contributing, 13s 9d;.Electrolytic Zinc, 20s 2d; ditto, pref., 32s 3d; Morris, Hedstrom, 17s 6d; Greater J. D, Williams, 6s 7d; Winchcombe, Carson, 2Gs 3d; Toohey's Brewery. 235; Broken Hill. Proprietary, 345; Broken Hill South, 555; North Broken Hill, 81s 9d. Commonwealth bonds,-4 per cent., 1938, £102 7s 6d; 1941. £103 3s 9d; 1044, £103 3s 9d; 1947, £102 17s 6d; 1950, £103 lO.s; 1953, £104 2s Gd; 1955. £102 2s Gd, ex interest; 1957. £103 3s 9d; 1950, £103 ss; 196.1, £103 7s Gd. MELBOURNE, 'June 15. Sales today included: National Bank of Australasia, £5 paid, £6 12s; Commercial Bank of Australia, 16s 6d; Goldsbrough, Mort, 275; Electrolytic Zinc, pref., 325; Taranaki Oil, 2s Gd. "Evening Post," June 16. Investors appear to have taken but a moderate interest in the gilt-edged securities market this-week,-but bank shares have increased in favour, and have generally appreciated in value. The business reported in Government' loans has been as follows:- — ■ 3% per cent. (1935-52), £100 ss> £100r--3% per cent. (1939-43), £99.155; 4 per cent, stock (1940), £100 10s, £100 15s, £100 10s; 4 per cent, stock (1946), £100 10s, £100 7s 6d; 4 per cent, stock (1949), £100 10s, £100 ss; 4 per cent, stock (1955),, £ 100 7s' .Gd, £ 100 |os. Certain local body Wans continue to find favour with investors, but in general the market for them is rather quiet. Company debentures have had a small turnover, and among those for which there are buyers may be mentioned 6% per cent. Wellington Gas (1941) at £101, 6 per cent; and 6% per cent. Auckland Gas (1942 and 1935) at £105 and .£IOO respectively; and 6% per cent. Gisborne Sheepfarmers (1941) at £70. Sales of local body and company debentures'this week were as follows:— 4V& per cent. Christchurch Trams (1934), £99; 5% per cent. Auckland Harbour Board (1943), £102 10s; 5% per rent. Auckland City (1949), £101 ss; G per cent. Mt. Albert Borough (1959), £9: 6 per cent. Mt. -Albert Borough (1960), £99;. 5% per cent. Mt. Eden Borough (1961-63), £98. . ' 4;/2 per cent. New Zealand Farmers C'o-uperaUve (1945), £55; 6% per cent. New Zealand Refrigerating (1935), £100. BANKS, INSURANCE, FINANCE. Batik 'shares usually quoted in New Zealand^ liavo all received favourable atten-tion';--.'and-tho business done in them has been 'considerable, as the number o£ reported ■ sales hereunder will show. There ;iie still.unsatisfied buyers of Bank o£ Australasias "at £10 17s Gd to £11. Sales were us follows: — .■•:;' ' ''.'■■ Bank* of New Zealand, cum. div., 4Gs 0i1,,475,' 47s Id, -47s Gd, 4.7s 4d, 47s od, 47s Cd, ■47s''-9d;' Bank of New Zealand D Long" Tei'in, bum. div., '31s 3d, 31s 2d, 3fs, 30a"lid, 31s Id* 31s Id, 31s, 31s 3d; National.of,New\Zealand,'76s 3d, 76s Gd, 70s 3d, 765. Gd;. Bank of New South Wale; -£-31,,£31105, £32 ss, £-32, £32 3s, £32; Commercial of Australia (ord.), 15s Sd, 15s 9d; 15s, 15s 7d/ las 9d, 15s 8d; 15s 9d, 15s lid, Ms Id, las lid, 16s Id, and- (pref.), £8 16s, £8 19s, £8 17s, £8 17s6d, £8 18s, £8 19s; E.S. and A. Bank, £5 oa-6d, £5, £5 0s Gd,. £5; National Bank'of Australasia (£5), £6 4s, and (£10), £12 7s 6d;-Commercial of Sydney, £16 17s 6d. £16 15s, £16 19s, £16 18s; Unions Bank, £8 ss, £8 6s 3d,-£8 6s 6d, £8 4s, £8 6s, £8 ss, £8 6s; £81.'75, £8 6s, £8 Bs. - \ Sales'of'insurance companies', shares y: ere reported as follows: — AP..A., 10s 2d; New Zealand "Insurance, 49s'6d, 49s sd, 49s §d; National Insurance, 16s 7d, 16s 6d, lGs lid, 16s lOd; South British, 68s; Standard Insurance, 52s 3d; Queensland Insurance, 525, 52s 3d. Financial and stock and station companies' shares for which there were buy-, ers included National Mortgage 38s, Loan and Mercantile (ord.) £32 to £3a,and (pref.) £33; Wellington Trust and Loan 70s. • Sales were as follows :— Dalgety and ,Co.; £8 10s, £8.12s Gd, £8' 15s; Goldsbrough, Mort (cum. div.), 26s il'id, 25s 9d, 24s lid, 255, 25s 2d, 25s 3d, 25s 6d, 25s Od, 25s 10% d, 2bs 3d, 26s 6d 26s 9d, 26s 7%d, 26s 9d, 26s 7%d, 26sv6d (i 26s 9d, 26s 7%d; New Zealand Guarantee Corporation, 6s, 6s 3d; United Building (Christchurch), 17s sd, 17s 2d, ' 1,7s 3d.. ..■"'..' ■ COAL, GAS, AND OT^HER. Coal mining shares in demand included Grey Valleys at 12s 6d to 13s, sellers" 18s, arid Pukemiros at 21a, sellers quoting 245. Business done in coal, gas, and other shares will be found set out hereunder. Gas shares wanted included both issues of the Wellington Company with buyers of ordinary at 32s 8d and preference, ex dividend, at 20s; Napier £10 preference were quoted by sellers at £10. Inquiry for shipping shares was confined to buyers of P. and O. deferred at 20s; Union Steam Ship pref. at 225; and Hiiddart, l'arkerJordinary at 30s. No sales of these shares 'were reported. Buyers oi: Gear Meat shares offered 295, to' 29s 6d, but sellers wanted'3ls, and there were inquiries for Canterbury Frozen Meats at £7 10s. Sales as reported were confined.'to the shares of one'company. Brewery shares had keen buyers for the big Netv Zealand concern. Sales reported in the above sections in the Stock Exchange list were as follows: — ;Coal—Renown Collieries (pref.), Gd, (new pref.). 6d; Taupiri Coal, 15s Gd; tVestport. Coal, 11s 6d, 11s lid, 11s Od, 11s lOd. , Gas—Auckland Gas, 235, 23s 3d; Christchurch Gas (10s), 13s, and (£1) 26s 9d. Shipping—Northern Steamship (contrib.), Is lOd. Frozen Meat—New Zealand Re- ' frigerating (10s), 5s Gd, 5s od, 5s 6d, 5s 7d, 5s Bd, 5s lOd, Gs, 6s Id, 6s 3d, 6s 2d, ss: lOd, 6s Id, 6s 2d, Gs 3d, 6s Sd. 6s VM, 6s 3d,- 6s Zd, Gg Id; and (£1) 14s. od, 14s lOd, 14s lid, 15s, 15s Id, 14s lOd, . . • Breweries—Dominion Breweries, 6s Od; New Zealand Breweries, 31s lid, 325, 32s 3d, 32s Cd,' 32s 9<l, 335,:'33s Id, 32s 6d, 325-7% d, 32a 9d, 32s 10(1, 32s 9d, 335, 33s IS; Staples,-26s 3d;"Toohey's, 23s 7d; Tooth's, 37s 9d. MISCELLANEOUS. , Business transacted in the miscellaneous section was of moderate dimensions. There were inquiries for Burn's Philp at 51s. New Zealand Drugs at 635, Amalgamated Wireless at. 325, Australian Glass (cum dividend) at 475: Od, sellers' asking 495;

Douaghy Rope at 38s, sellers 40s. Sales were reported as follows: —. Bcath and Co. (Is), 3s Gd; British Tobacco, 35s 3d, 35s 4d; By croft, 30s Gd; Consolidated Brick, 4s 3d; Colonial Sugar, £58 ss, £58 10s, £58, £58 ss, £58 7s' 6d, £58; D.I.C. (ord.), 10s 9d; Dominion Fertiliser, 11s 9d, 12s; Donaghy's Rope, 395; Dunlop Rubber, 18s Bd, 18s 6d; Electrolytic Zinc (ord.), 20s, and (pref.) 31s Gd, 325, 31s Cd,■3ls 9d, 31s Bd, 31s 3d; Farmers' Trading (B pref.), 7s Cd; New Zealand Farmers' Fertiliser, 15s 3d;' New Zealand Paper Mills, 275; New Zealand Newspapers, 255, 25s Gd; Milbtirn Lime, 28s 6d; Wilson's Cement, 31s, 31s 6d, 31s 9d; Woolworths (Sydney) (£1 new pref.), 25s ■ 3d, 25s Gd, 25s sd, 25s 6d, 255:5 d. Unofficial list: National Tobacco, GOs, 595; Claude Neon Lights, 255; Investment Exec. Trust of New Zealand (B debs.), £88. MINING. Sales of mining and dredging shares were as foDows:— Mount Lyell, 22s Gd, 22s 7d, 22s 9d, 225. 7d, 22s Bd, 22s 7d, 22s 3d, 22s Gd, ; 22s id, 22s 4%d, 22s 3d, 22s od,. 22s sd, 22s 4d, 22s 4%d, 225, sd; Waihi, 22s 2d, 22s 3d, 22s 4d, 22s 3d, 22s 4d, 22s 3d; Alexander Mines (13s Gd), 9s 6d, 9s sd, 9s 9d, 10s Gd, 10s, -10s 2d, 10s 6d, 10s 9d; Blackwater, 23s 2d, 235, 23s 3d, 23s 7d; Big River, Is 4%d, Is Gd. Is 5%d, Is 7d, Is 5%d, Is 6d; Central Shotover, ll%d; Freshford, lOd, lOVzd, Is 3d, Is 2%d; Gillespie's Beach. Is 7 1/kl, Is Bd, Is 7y2d, Is 7d; Golden Dawn, Is Gd; Golden ■ Sands, 3s Gd. 3s sd, 3s Od; Golconda, 9d, OVzd; King Solomon, Is Sd, Is 7%d, Is 8d; Lawson's Flat, Is 7d, Is 7%d, Is Bd, ■> Is Gd, Is Bd, Is B%d, Is 8d; Mahakipawa, 'M- Nokomai, 4s Sd, 4s 7%d, 4s 9d. 4s lid, 4s 9V4d, 4s 9d. 4s lOd, 4s 9%d, 4s 8%d"; Okarito, 11s Id, 11s 2d, 11s, 11s Id, 11s- Waihi Grand Junction 3s 4d; Waitahu (4s 6d), 7s 6%d, 7s Bd, 7s sd, 7s Bd, 7s 6d, 7s 4d, 7s sd; 7s 4d. . -. . ■ Unlisted: Bell-Hooper, Is o%d, Is 4d, Is 2d, Is 3d, Is 2d; Bell-Kilgour (6d), Is Gd; Charleston Sluicing (9d), Is 10d, Is '■ lid, Is U%d; Aotearoa, Is 7d; Snowy River, 3s 4d, 3s od* 3s lOd.