COMMERCIAL

Evening Post, Volume CXXXI, Issue 114, 16 May 1941, Page 9

COMMERCIAL

SHAKE MARKET

May 16. Buyers. Sellers. £ s. <J. & a. d. N.Z. Govt. Loans— :{Vb p.c . 15/1/ IH,'j3-57 .. 100 10 0 — 1 p.c, 30/11/1948 .... 104 7 (i — 4 p.c, 15/4/1946-49 ... 102 17 li — 1 p.c, 15/6/1952-55 ...106 5 0 106 17 • 4 p.c, 31/5/1954-58 .. 107 0 0 — N.Z. Govt. Bonos— W; p.C. 1.1.' I• I H:'i3-57 .100 10 0 ■— 4 p.c, 15/6/1952-55 .... — 106 17 • > ii.i- Kurm |'.iiihi.i 15/9/ 1941 102 5 0 — i. i'/i I.c, Stata Advances. 1/6/1941 91) 17 »i — War Loan, 1/10/1953 . Si 5 0 — 3anks, Insurance. Finance— >■ \iisiialusia ......... — 8 15 0 Conim. of Aust. (ord.) .. 013 6 — En^., Scot., and Aust. .. 4 0 0 — \auouai of N.Z - 1 10 t Nat of A.asia (£10) ~t 11 B 6 — Nat. of A'asia (£5) ..t 5 "13 0 — New South Wales t 27 15 0 2S 10 • New Zealand • 116 9 — N.Z. I) Long Term ...» 1 » i» — Union of Aust. 6 10 0 — National Insurance ....t OIS 3 — NZ. Insurance 3 ' ° * ' • stii LSriiisii Insurance .299 "To Standard Insurance ... — •• n (letierul Finance — :^1 -« National Mnrtcage A .. — 1 la • N.Z. Loan & Merc, (ord. Stock) 24 0 0 — Aairaifipa Kmrs. (pref.) 0 410 — Wgtn luvest. T. & A. — ° ,? Wjstn. Trust Loan .... — 0 4 11 Other Shares— Christctiurcii Gas — 116 Wellington Gas (ord.) . 18 6 1.11 • Gear Meat - 0 13 7 XZ Kerriß (£1) ... 016 G — Huddart Parker (ord.) .249 — llulou Steam (pref.) ... 1 6 3 — Bond's Hosiery Mills .-. 15 0 — Keli Textiles (ord.) .. 118 0 — Oamaru Woollen 0 19 0 — Timaru Woollen — » }•> • Wellington Wool, (ord.) 612 6 6lu 8 vXfiiiiiKtou (pref.) ... Ua 0 — Wcstport Coal f — * j> » Westport-Stockton — 0 - .» Taringamutu Timber .* 014 6 — Dominion Breweries lib l * » N,Z Breweries 1 ID « 1 v 3 Tooth and Co 2 10 j; — Tui Brewery ..t 1 8 .> Swan Brewery '...? 1 - ° Aust Iron aud Steel ... 1 5 (> ~ Brit. Tobacco (Aust.) .246 2 i t Broken Hill Pty 2 19 — Burns. I'hilp. and Co. . 2 0 9 — ( M Biinks (i»ret.v .. — . °l* 2 Consol, Brick aud l'ipe — 0 i • i) i<: ("td.i o is o — 1).1.C. (pref.) 1 3 6 — Dunlop-Perdriau 1 1 " Klertro "Aliic (8 p.c. ~.. , part pref.) .- 213 6 210 • General industries 0 17 0 — O. J. Coles » 1 0 — Howard.Smith (ord.) .... 019 6 — VlafDufTp (ord ) — 1 :„ S MaelhifVs (pref.) ...... 018 3 0 19. A McKenzie's • — - „ . \ational Klectric — 1 Q ■ N.Z Drug (£! paid) ..290 — 11. & t£ Tiusiey (prof.) 10 0 — Sharland and Co. (ord.) 017 6 —- Taranaki Oil Fields — 0 o 6 Taranakl Oil Developmeut — 0 £ a Wilson's (N.Z ) Cement 0 IS 6 —- Woolwortlis N.Z. (ord.) . — 0 13 T AustralianBroken Hill South ....* 12 3 — Emperor • 0 10 0 — Woolwortb Hold'gs (S.A.) 014 3 — First call tliis day: No sales. Sales made after coins to press yesterday: £1050 War Loan, 1/10/53. £82 10s (two sales) ; 10 Bank of NS.W.. £28. aud 5. £28 2s (sd: 50 Wellington Woollen (ord.), £6 13s. Unofficial list: Buyers J. J. Niven, 8s Id, sellers 3s; Pacific Forests (£1). 4s; buyers National Tonaoco £1 10s. sellers £1 14s. Buyers: Colonial Motor Co.. £1 ss; Wellington Publishing. £3. Sellers: Selfrldpte's (N.Z.), 18s paid, 7s 3d; Oolden Bay Cementi 19a 8d; Dominion Lifo Assurance, 4s: John Duthie (pref.), £1 Os Gd. ■ *Cuni div. tßx dir. (P.A.) AUCKLAND, This Day. Sales: South British Insurance, 51s; New Zealand Breweries. 31s; Woolworths (New Zealand), 13s 4d; N.Z. Government Stock (1953-57), £101 2s 6d: Wanganui City (1/13/50), £103. Sales (noon call): Bank of New South Wales. £28 (2); Bank of NewZealand. 37s 7d: Woolworths (New Zealand), 13s 4d: Woolworths (Sydney), 16s 2d; N.Z. Government Stock (1938-41), £100 10s; , (1954-58), £107 10s. (P.A.) DUNEDIN, This Day. Sales i-eported: Woolworths (Sydney). 16s 2d; New Zealand Breweries, 31s; Dunlop Rubber, 21s 7d. RESERVE BANK. The return of the Reserve Bank for the week ended May 12 did not appear in the Gazette this week. AUSTRALIAN SHARE PRICES. SYDNEY, May 15. More confidence was displayed on Change today. Banks were neglected. Sales: Burns, Philp, 50s; Howard Smith, 19s Id; Bonds Industries, 30s lOd; Standard Cement, 35s 9d; Fairymead, 31s 6d: Millaquin, 38s 6d; Newbold, 23s 9d; Placer Development, 61s 6d; Broken Hill Pty., 39s lOd; Kuala Kampar. 15s 9d.—U.P.A. MELBOURNE, May 15. Sales: Commercial Bank of Australia, 13s; British Tobacco, 43s 3d; Mount Morgan. 8s 8d; Broken Hill South. 22s 3d; Electro. Zinc, 51s.—U.P.A. SYDNEY PRODUCE PRICES. SYDNEY, May 15. The wheat market was sluggish. Silo grain was quoted at 3s Hid, bagged 4s 3£d. Other quotations were: Flour, £12 13s; bran and pollard, £6; potatoes, Tasmanian, £6 10s, others £4; onions, brown £11 10s, whites £17; maize, white 4s, yellow 3s 10d.—U.P.A. WILSONS PORTLAND CEMENT. Wilsons (N.Z.) Portland Cement, Ltd., has advised the Stock Exchange Association that at the annual meeting on June 25 directors will recommend. payment of a final dividend for th« year ended March 31 of 4£d a share. SILVER AND TIN. LONDON, May 14. Silver at 23Jd per oz standard and 25 3^Bd per oz fine. Tin.—Spot: Buyers, £270; sellers, £270 ss. Forward: Buyers, £267 15s; sellers, £268.—U.P.A. UNA HILL GOLD MINE. Negotiations have been completed for the purchase,, as a going concern, by the Una Hill Company of the entire crushing and treatment plant, together with buildings,' mining leases, water rights, and privileges owned and operated by the Golden Crown Gold Mining Co. N.L. at Komata. Crushing of Una Hill ore on a greatly increased scale will follow at an early date. LONDON MONEY MARKET. LONDON, May 14. Discount arid short loan rates on London are .unchanged as follows:r-Day to-day loans, 3 per cent.; fine trade bills (3 pr.onths). 2J to 3 per cent.; bank bills (3 months), 1.1-16 >er cent.: bank bills (6 months). 1 1-8 per cent; Treasury bills (2 months). 1 per cent.; Treasury bills (3 months), 1 per cent.— U.P.A. NEW YORK, May 14. Call money is unchanged at 1 per cent.—U.P.A. North Broken Hill has declared a dividend of Is per share, payable in Melbourne June 26. Grey River Dredge return for the. week ended May 14 was: 188& hours, 132,124 cubic yards, 190oz. STOCKS^ AND SHARES* * LTAN McCABE, UOBERTSHAW. ANW CO., Members of Wellington Stock' Exchange, Stock aud Share Brokers, Bank of Australasia Chambers, 101 Customhouse. Quay," Wellington. : Tel. 43-220. Telegrams: ULTMA, Wellington