STOCK & SHARE MARKET

Evening Post, Volume CXXVI, Issue 79, 30 September 1938, Page 12

STOCK & SHARE MARKET

FRIDAY, SEPTEMBER 30, 1938. Buyers. Sellers. £ s. d. £ s. d. N.Z. Government Loans— 3% p.c. Inscr. Stock, 15/3/1939-43 * 98 0 0 98 5 0 SY2 p.c. Inscr. Stock, 15/9/193943 * — 98 10 0 3Ys p.c. Inscr. Stock, 15/3/1941-43 * 98 15 0 — ZYi p.c. Inscr. Stock, 15/9/1941-43 * 98 15 0 — 3% p.c. Inscr. Stock, 15/11/1938-52 ....* — 100 5 0 3% p.c. Inscr. Stock, 15/11/1941-52 ..'..* 100 10 0 — 3% p.c. Inscr. Stock, 15/5/1941-52 100 10 0 — 3% p.c. Inscr. Stock, 15/1/1953-57 * — 93 2 6 4 p.c. Inscr. Stock, 15/6/1952-55 — 100 10 0 . 3% p.c. Bonds, 15/1/ ; 1953-57 — 93 2 6 [ *Tax free to first date; then 4 p.c. optional ; at maturity prior to final date. Local Bodies Debentures— Mt. Albert Borough, ' 4% p.c, 1/7/45 .... — 102 10 0 Wgtn. City, 4% p.c, ; 1/2/47 :. :... -• 103 o o , Wgtn. City, 4% p.c, 1/2/53 .. - 105 0 0 ; Bay of Plenty, 4M, . p.c, 1/10/39 — 102 10 0 ■ Bay of Plenty, 4% A n p.c, 1/10/40 ...... — 103 0 0 ; Auck. City, 4% p.e,. 1/1/44-52 ■ - 101 0 0 BanksAustralasia f 916 6 10 3 6 Comrii of Aust. (ord.) 014 7 — Comm. of Aust (pref.) 9 3 0 9 7 0 New South Wales . 29 7 6 — New Zealand 2 17 — Financial— Dalgety and Co. .... — 800 Goldsbrough, Mort, &' Co 15 9 — Newton King (pref.) — 0 9 3 N.Z. Guarantee Corp.* — 0 4 4 N.Z. Invest. Mort. & Dep — 010 0 Wgtn. Trust Loan lXi — 5"7 6 General Finance ..... — 019 0 GasAuckland Ccon.) ..... — 015 0 Christchurch . ...xyg T . •"• ? 9, Cliristchurch (con.) : — 0 14 6 InsuranceNat, of N.Z .- — 0 16 3 Queensland — 2 17 0 Meat PreservingGear Meat 013 S 014 4 N.Z. Refrig. (10s) .... — 0 8 0 Southland — 1 10 8 Transport— Huddart Parker (pref.) 17 0 — Union Steam (pref.) .. 15 0 — Kelburne Tramway (ord.) — 13 3 WoollenBond's Hosiery Mills — 0 19 0 CoalRenown — 090 Timber— Bartholomew t — 0 16 3 Kauri ' — 13 0 Leyland-O'Brien .... — 017 9 Rotoitf • 0 3 0 0 3 9 Rotoiti (pref.) - 0 17 0 Taringamutu •;•••.• — X ll 1R Taupo Totara (ord.) — 0 6 0 BreweriesDominion ...;;.: 199 — N.Z. Breweries ..... 119 3 — Tooth and Co .:■ 211 0 -- Miscellaneous— Aust. Glass 4\B 0 — Brit. Tobacco (Aust.)f 2 6 0 2 6 9 Broken Hill Pty. .. 215 0 216 3 Broken Hill (con.) .. 116 3 — Burns, Philp, & Co. - — 211 0 Claude Neon Lights (N.Z.)* — 160 Colonial Sugar 44 0 0 — Dental and Medical o?3?&.-.-.-".-.-.-:. »i. BSB Howard Smith (ord.) 016 0 — MacDuffs (pref.) .... - 018 0 McKenzie's — . *■ } Z MoturoaOil - 0 5 0 MoturoaOil (pref.) .. — 0 0 National Electric .... — . 0 16 0 N.Z. Drug 8 8 0 — Radio (1936) — 0 16 9 Sharland and Co. (r» re f ) 016 o_, • — Taranaki Oil 011 7* 011 11 Woolworths,' Ltd. (ord.) * 10 4 110 Woolworths (N.Z.) (ord.) 0 18 0 — Wilson's (N.Z.) Cement 016 0 017 0 "Otago Daily Times" — 2 6 o Victoria Laundry — 1 1 U Berlei (N.Z.) ...... ..310 - Wairakei, Ltd — 0 7 0 Imperial Chemical , , o Ind. (pref.) ■ 115 119 Mining— Waihi Investments ... . — 0,76 Nokomai 0 1 3 AustralianBroken Hill South .. 18 6 110 0 Mount1 Lyell 11° ~" North Broken Hill . 2 3 0 — Overseas Listings— Woolworths Holdings (South Africa) .... — 015 1 UNOFFICIAL LIST. Buyers. Sellers. £ s. d. £ e. d. R. & E. Tingey (ord.) — 13 0 R. & E. Tingey (pref.) — 110 Woolworths Properties ' (10s paid) 0 13 6 0 14 1 .BUSINESS TRANSACTED. First Call This Day.—No sales reported. Sales made after going to press yesterday:— No. of Shares. £ 8. d. £1710 3% p.c. Govt. Stock (3/1939-43), 2 sales .. 98 2 6 £800 ZYz p.e. Govt. Stock (3/1939-43) 98 5 0 £2600 3% p.c. Govt. Stock (1953-57), 3 sales .. 93 0 0 £1405 4 p.c. Govt. Stock (1949) .... 100 10 0 ■150 Bank of N.Z 2 19 100 G. J. Coles 3 15 0 100 Wairakei, Ltd 0 6 0 200 Woolworths (N.Z.) .... 018 3 250 Nemona 0 1 4 * *Cum div. fEx div. WOOL IN SYDNEY PRICES KEEP FIRM (By Telegraph—Press Assn.—Copyright.) SYDNEY, September 29. At today's wool sales competition was well maintained from Yorkshire, while fair support came from- the Continent and Japan. Prices were firm and occasionally in sellers' favour. Greasy merino realised 17|d. The offerings -consisted of 13,775 bales, of which 12.430 were sold at auction and also 985 privately. . BASE METALS PRICES (By Telegraph—Press Assn.—Copyright.) (Received September 30, 11.15 a.m.) LONDON, September 29. The official quotations on the London metals market compare with those previously cabled as follows:— Sept. 28* Sept. 29. Per ton. Per ton. £ s. d. £ s. d. Copper— Standard, spot 43 4 4£ 42 2 6 Ditto/forward 43 1 3 42 5 7J Electrolytic .. 48 5 0 47 15 0 to 49 5 0 48 15 0 Wire bars ... 49 5 0 48 15 0 Lead— Spot 15 10 74 15 13 H Forward .... 15 10 l\ 15 14 7£ SpelterSpot 14 7 6 14 14 4 h Forward .... 14 10 7i' 14 16 10 \ TinSpot 195 17 6 195 11 3 Forward .... 196 12 6 196 10 0 SilverStandard, per oz 183d 19 5-16d Fine 20|d 2013-16d

■ (By Telegraph—Press Assn.—Copyright.) SYDNEY, September 29. The renewed efforts for peace in Europe caused a wave of buying on the Sydney Stock Exchange today. Prices for practically all shares recovered as dramatically as they fell. Government loans also rallied strongly. The day's turnover was twice that of any day for more than a week. Sales included: — £ s. d. Bank of New South Wales 30 10 0 Colonial Sugar 44' 10 0 Associated Newspapers .... 1 0 1J Associated Newspapers, pref. 1 19 Adelaide Steam 112 0 Burns, Philp 2 10 6 Australian Gas, A, old 7 1 0 British Tobacco ■ 2 7 0 Tooth and Co 2 12 0 Tooheys Ltd 1 9 6 G. J. Coles 3 15 0 Aust. Iron & Steel (pref.) .. 14 4 Australian Glass ... ♦ 4 9 3 Dunlop-Perdriau 1 0 0 James Stedman Sweets .... 0 12 0 General Industries 0 18 0 Morts Dock 0 12 0 Cash Orders Amalg. 0 14 8 Edwards Dunlop 2 5 6 William Adams 0 14 0 Standard Cement 0 18 9 Woolworths, Ltd 10 3 United Provisions 0 7 3 Goldsbrough Mort 1 6 9 Winchcombe Carson ........ 1 5 6 Henry Jones Co-op ••.. 2 7 3 Electrolytic Zinc 2 0 3 Mount Morgan ' ° 10, * Mount Lyefl 1 7 0 North Broken Hill 2 4 0 Rawang Tin . 0 7. 6 Placer Development- o 18 u Emperor Gold 0 11 8 Loloma Mines 1 * a l ■ .— PRICE AND RETURN Latest sales reported and made on the Stock Exchanges of the Dominion, with the highest prices and the approximate yields per cent, per annum to investors (all subject to appropriate taxes and exchanges where operative) based on last year's distributions, and considering redemption and brokerage in the case of redeemable securities where dated, were as follows: — Highest. Yield. price. p.c, p.a. £ a. d. £ ■• d. Wellington. Inecr. Stock, ZVz p.c., 1953-57 -...a. 93 0 t •- Inscr. Stock, ZVz p.c, 3/1939-43 a. 98 2 6 — Inscr. Stock, 4 p.c, 15/4/1946-49 a. 100 10 0 4 1 11 Bank of N.Z 2 19 4 15 9 Broken Hill Pty 2 11 0 4 18 0 G. J. Coles 3 13 6 4 15 2 Woolworths (N.Z.) . 0 18 3 4 2 2 Auckland. Inscr. Stock, BVz p.c, 15/1/1953-57 ....a. 93 0 0 — I Inscr. Stock, 3Vs p.c, 15/3/193943 ....a. 98 5 0 — Inscr. Stock, 4 p.c, ,. 15/4/194649 .. .a. 100 10 0 4 1 11 Bank of N.S.W. ;..u. 30 0 .0 4 0 0 ; Bank of N.Z 216 4 16 4 Renown Collieries (pref.) 0 2 5 7 4 9 Westport-Stockton (ord.) •• 0 3 6 - British Tobacco .... 243 4 10 4 Dominion Breweries . 1 10 0 6 13 4 Broken Hill Pty. ... 2 15 3 4 10 5 Farmers' Trading ... 0 19 5 74 2 G. J. Coles 3 15 6 4 12 8 Selfridges (N.Z.), 16s paid 0 49 — Taranaki Oil ...: 0 12 0 — Woolworths Ltd. .. 0 19 9 3 15 11 Waihi Investments .. 0 7 9 — Whakatane Paper Mills 03 9 — Emperor Gold 0 10 4 - — Mount Lyell .'....... 17 0 — Mount Kasi ;... 043 — Christchurch. Canterbury Meat .... 9 10 0 5 10 6 Anthony Hordern ... 0 14 6 6 17 11 Broken Hill Pty. ... 2 15 4 4 10 8 Broken Hill Pty. (contr.) .: 1 16 10 — E. Reece Ltd. (pref.) 0 3 0 — G. J. Coles 3 15 0 4 13 4 Hume Pipe (Aust.) .. 0 18 6 8 2 1 Taranaki Oil 0 11 8 — United Provisions ... 070 8 11 5 Mount Lyell 16 9 — Dunedin. Auck. City, 4% p.c, 1/1/1955 a. 100 10 0 — Bank of N\Z 2 1 4% 4 16 8 Gillespie's Beach .... 010 — a. —Market pric^ includes accrued interest but not brokerage, u.—In Australian currency. BRITISH WAR LOAN £91 (British Official Wireless.) i ' (Received September 30, 12.30 p.m.) RUGBY, September 29. British 3£ per cent. War Loan, £91. The price quoted September 28 was £93. EQUITABLE BUILDING DIVIDEND. The Equitable Building and Investment Company of Wellington, Ltd., has advised the Stock Exchange Association of New Zealand that the first debenture stock interest for the period August 9 to September 30 falls due on October 1. With it the directors have decided to pay by way of interim dividend for the half-year ending September 30, a sum equivalent to 5 per cent, per annum on the share capital as at April 1 last, for the period March 31 to August 9, 1938. The transfer books are closed until after payment of interest and interim dividend on October 1.