THE SHARE MARKET

Evening Star, Issue 21638, 6 February 1934, Page 7

THE SHARE MARKET

DUHEOiN STOCK EXCHANGE A greatly improved tone was apparent on the market this morning, sales being effected, in, a wide range of stocks. New' Zealands recorded a noticeable advancement in the banking section, buyers offering 50s, with no seller under 51s. £.S. and A.s had business at 116 s, the market prices closing Is either way. Shipping shares remained strong, -and Union Steam Ships showed further improvement. - Kaitangata Coals arc in persistent demand ’at 21s, but ■ sellers appear scarce. Wcstports have also been revealing a hardening tendency. Meat preserving. shares maintained their recent rises, and all continued in good demand. In the miscellaneous section M’Leod Bros, were wanted at 1 £2B, but sellers were not attracted by this improved offer. There, was a better tone in the gold mining market. Waihis jumped up 9d on yesterday's buying quote, Okaritos had a buyer and no seller, King Solomons gained still further, as also did Consolidated Goldfields, Blackwaters, and Addison’s Flats. Brian Borus were for sale at a figure which failed to' elicit a reply from buyers. ' , ' SALES. On ’Change.—N.Z. Refrigerating (paid;. ISs 6d, 'ex.div. Reported,—E.S. and A. Bank, £5 16s; Gillespie's Beach. 2s 4d; Southland Frozen Meat (paid), £3 8s; King Solomon, 4s Id; Southland ’ Frozen Meat (emit.), £1 14s; Mount Lyell, £1 5s 7d. Unlisted Stocks.—Skippers, 7jd.

COLLAR AND FRANC LONDON, February 5. (Received February 6, at 11 a.m.) The dollar is quoted at 4.93, and the franc at 78 5-8.

Quotations as under Buver». Sellers. £ 5*. d. £ s. d. BANKING— Bank ' of Australasia 13 0 0 Bank .of New South Wales ... 32 10 0 — Bank of New Zealand 2 10 0 2 11 i,i E.S, and A., Bank ... 5 15 0 5 17 u National Bank of New ■ Zealand . 4 4 0 4 6 0 Union Bank of Aus- . tralia Ltd. — 10 2 6 INSURANCE— National Insur. Co.' 0 18 6 South , British Insurance Co — 3 18 0 Standard Insur. Co. 3 1 0 — SHIPPING— Huddart, ‘Parker' (ord.) ' 1 13 0 — . Huddart, Pax-ker (pref.) ... ... ... 1 4 0 — U.S.S. Co. (pref.) ... 1 5 0 1 5 10 COAL— Kaitangata* Coal 1 1 0 — Westport Coal- Co. ... 0 14 10 — LOAN AND AGENCYDalgoty and Co. ... 10 8 0 _ National Mortgage ... N.Z. Loan and Mer- — 3 6 0 cantile (ord.) ... ... 61 10 0 — Trustees, Executors, and Agency ... 2 10 0 Wright, Stephenson ■-.(ow 1 ) ' ... 0 17 8 Wright,. Stephenson (pref.) ... ■ 0 17 6 MEAT PRESERVING— • N.Z. Refrigerating 1 paid > — 0 18 9 N.</. Refrigerating 'icont. j 0 8 3 — Southland Frozen Meat (,->pi'". /... .:. 3 7 6 — Southland Frozen Meat ’ (cont. 1 ... 1 13 6 Southland Frozen. Meat ■■■■, (pref.) : ... 3 7 ■ 6 —. South Otago Freezing 5 18 0 “ MISCELLANEOUS— Broken Hill Proprietary 2 3 ,0 — Brown, Ewing (ord.) 0 19 0 — Brown, Ewing (pref.) Bruce Woollen Co. 0 19 6 — (pref.) 0 18 0 — D.I.C. (pref.) ... 1 2 6 — Dominion Fertiliser ... — 0 17 6 Dominion Fertiliser Debentures 100 0 0 — Dominion Rubber — 1 0 0 Dunlop Perdriau Rubber ... 1 0 4 — Electrolytic Zinc , (dot. ord.)' ... ... Kaiapoi Woollen —. 1 7 3 • (ord.)-. ... ... ... — 0 11 9 M’Leod Bros 28 0 0 —■ Mount Lyell .’. 1 5 4 1 5 8 National ■ Electric ... — 0 6 0 . N.Z.' Drug Co. ... ... 3 14 6 — ‘ ‘ Otago Daily Times ’ 2 6 0 — Regent Theatre ... '... — 1 0 6 Smith and Smith , (pref.) ... 0 17 0 — BREWERIES— N.Z. Breweries 2 0 0 2 1 0 OIL— Moturoa (ord.) 0 4 0 Moturoa (pref.) — 0 4 3 MINING— Waihi 1 10 6 ’.Mahakipawa 0 0 2 0 0 3 .Kildare — 0 1 10 Okarito 0 9 0 — Paddy’s Point — 0 4 0 . New Cornish Print ■ (6d paid) — 0 0 3 Cornish Point (Is paid) , ... ... 0 1 1 — Golden Progress — 0 1 6 King Solomon ... ... 0 4 1 0 4 2 Golden Point 0 0 3 0 0 54 Golden Dawn 0 1 3 — , Blackwater 1 16 9 — Alexander' ... ... ... 0 15 .0 Consolidated Goldfields' 0 19 3 Gillespie’s Beach 0 2 3i 0 2 44 Waitahu ... -— 0 6 Big River , ... — 0 1 0 Freshford 0 . 0 1 0 0 3 Upper Shotover 0 1 5 0 1 8 ■ Central, Shotover — 0 1 0 Bell-Kilgour ■ ’ 0 1 0 Bell-Hooper 1 ... ... — 0 0 11 Oxenbridge ... ... — 0 0 9 ■‘Bendigo Goldlight ... — 0 0 9 Nevis „ Diesel 0 0 11 0 1 0 Gbarlston — 0 2 0 Maerewhenua , 0 0 10 — Addison’s Flat 0 2 2 —. Brian Boru — 1 6 3 N.Z. GOVERNMENT LOANS(Bonds Quoted are £100 Bonds.) 54 p:c. Stock, 1938‘1843 101 5 0 102 10 0 34 p.c. Stock, 1939‘1943 ... 101 5 0 3 i p.c. Stock, 1941‘1943 101 5 0 3j p.c. Stock, 19381952 ... ... : — 102 0 0 3j px. Stock, 1939101 0 0 34 p.c. "Stock, ' ’mi1952 101 0 0 ♦ p.c. Bonds, Jan. 15, 1940 101 5 0 — 4 p.c. Stock, Jan. 15, 1940 101 5 0 4 p.c. Bonds, Feb. 15, 1946 . ... ... 102 10 0 — 4 p.c. Bonds, April 15, 1949 ... 101 0 0 — 4 p.c. Stock, April 15, 1949 101 0 0 — 4 p.c. Boiids, June 15. 1955, ... ■ ...■ 101 5 0 — 4 p.c. Stock, June 15, 1955 ■ ... 101 5 0 —