THE SHARE MARKET

Evening Star, Issue 21718, 12 May 1934, Page 10

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE The recent increased demand for all the gilt-edge securities and better-class industrial slocks was continued this morning. Bank of New Z.ealands were in strong demand at Sis, but no shares were offered for sale. Following a reported sale of E.S. and A’s at £5 Bs, further buyers operated at £5 7s. but the market hardened. Westport Coals had an advanced buying offer, and the Wcstport-titockton issues also had bettor inquiry. Canterbury Meat ordinary shares provided the only seller in the meat preserving section. tn the miscellaneous section, D.T.C. shares and Dunedin-Kaikorai Trams have persistent buyers. Dunedin Stock Exchange Proprietary were for sale at 48s. This company announces a final dividend at the rate of 5 per cent, per annum —a reduction on the rate paid last year. Increased activity is apparent in certain gold mining shares, notably Mahakipawas, fiell-Kilgours, Nevis Diesels, Nokomais, and Waitahus. Peak prices were offered for Government Loans, without eliciting a response from sellers. SALES. On ’Change,-—N.Z. Refrigerating (cont.), 8s lOd: Nevis Diesel, sd. Reported.—N.Z. Breweries, £2 2s 2d; E.S. and A Bank. £5 Bs. Quotations as under; —

DOLLAR AND FRAHC Press Association—By Telegraph—Copyright. LONDON, May 11. Received May 12, at 10.30 a.m.) The dollar is quoted at 5.11 f and the franc at 77 5-16. PRICE OF GOLD Press Association—By Telegraph—Copyright. LONDON. May 11. (Received May 12, at 10 a.m.) Fine gold is quoted at £6 I6s Id per oz.

Buvers. Sellers. £ s. d. £ 6. d. BANKING— Bank of Australasia — 12 10 0 Bank of N.S.W. ... - 33 10 0 Bank of N.Z 2 11 0 — Bank of N.Z. (Long “ D ”) 1 13 6 — Commercial Bank ,... — 0 17 1 E.S. and A, Bank ... • 5 7 0 5 10 0 National Bank of New Zealand 3 19 6 — Union Bank of Aus10 tralia Ltd *- 3 0 INSUBANCE— National Insur. Co. 0 19 9 — N.Z. Insurance Co. 3 0 ■0 — Standard Insur. Co. 3 1 3 SHIPPING— Huddarf, Parker. 0 (pref.) ... 1 5 — U.S.S. Co. (prof.) ... 1 5 6 — DOALWestport Coal Co. ... 0 15 9 — Westport-Stockton 0 ‘ (ord.) ' ■ J. 1U — Westport-Stockton (pref.) ' - 0 3 0 0 3 9 LOAN AND AGENCYGoldsbroimh, Mort — 1 13 6 National Mortgage ... — 3 4 0 N.Z. Guarantee Corporation ... ... 0 4 1 — Wright, Stephenson 9 (pref.) ... 0 13 MEAT PRESERVING— Canterbury Meat Co. 10 (ord.) ... . — 0 0 N.Z. Refrigerating N.Z. Refrigerating (paid) 0 47 1U (cont.) U • 0 0 Southland Frozen Meat (paid) 3 5 0 — Southland Frozen Meat 0 (pref.) ... ... 3 5 Waitaki Farmers 6 Freezing 2 7 MISCELLANEOUS— Bruce Woollen Co. (pref.; 1 0 6 1 x Associated News — 5 D.I.C. (ord.) 1 14 6 D.I.C. (pref.) .. 1 2 0 Dominion Fertiliser 0 IV 9 '— Dominion Fertiliser 102 0 Debentures ... ... 0 — Dominion Rubber 1 5 3 1 5 9 Dunedin-Eaikorai Trams ... ••• X 14 0 — Dunedin’ Stock Ex- • 8 0 change Propty. — 2 Kaiapoi Woollen (ord.) ... 0 9 5 0 10 0 Kaiapoi Woollen (pref) Mosgiel Woollen Co. 0 17 9 0 19 0 9 15 0 1 3 8 Mount Lyell 1 N.Z. Drug Co 6 14 6 N.Z. Farmers’ Fertiliser .. . • .-i, N.Z. Paper Mills ... Regent Theatre 0 IV 1 10 0 18 0 0 6 1 11 1 0 0 6 Smith and Smith (pref.) ; - 0 17 ; 0 - BREWERIES— N.Z. Breweries 2 1 9 2 2 4 Dunedin Brewery ... 1 5 0 Q C o Tooth’s Brewery c O GAS9 Christchurch. 1 3 ' OIL—. Moturoa (ord.) — 0 4 3 COLD MINING — Bell-Hooper — 0 0 1U| Bell-Kilgour ... •» 0 0 4 U Charleston Gillespie’s Golden Point 0 0 1 o 1 10 0 0 0 ft 2 0 0 34 Golden Progress X x w x Golden Sands — U 0 Hatter's Flat (9d a *7 paid) ••• King Solomon 0 40 U 0 Q 4 7 Lawson’s Flat 0 0 — 0 0 7 Maerewhenua Mahakipawa U J.U 1 1 0 1 4 Moonlight-Nelson 0 0 Creek Nevis Diesel ... 1.. 0 0 4i 0 .0 5a‘ New Cornish Point 0 64 (emit.) _ ... - New Cornish Point 0 (paid) Nokomai 0 2 9 0 0 1 3 j. 0 Oxenbridge ... ... Paddy’s Point Skinners W aitahu 0 U 11 0 0 0 2 0 0 10 4 8 0 0 1 0 4 10 N Z GOVERNMENT LOANS — (Bonds Quoted are £100 Bonds.; Jl p.«. Stock. 19381945 103 10 0 — |).e. Stock, 19301Q3 10 0 — y.e. Stock, 1941103 10 0 — 54 p.c. Stock, 19381952 104 0 0 — 51 p.c. Stock. 1930104 **1952 •••••• 0 0 — 31 p.c. Stock. 19411952 ■ ••• 104 0 0 — 4 p.c. Bondi, Jan. 15, 1940 104 10 0 — 4 p.c. Stock, Jaa. 15, 0 1940 ■■■ 104 10 — 4 p.c. Bondi, Feb 15, 1946 ••• 104 10 0 — 4 p.c. Stock, Fab. 15. 1946 104 10 0 — i n.c. Bonds, April 15, 1949 104 0 0 — 4 p.c Stock, April 15, 104 1949 0 0 — 4 p.c. Bonds. June 15. 1955 105 0 0 — 4 p.c. Stock, June 15. 105 0 1955 0