THE SHARE MARKET

Evening Star, Issue 21821, 10 September 1934, Page 7

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE Though only one sale was effected on 'Change this morning reported business showed the market to be fairly active. In the banking section New Zealands were firm, with buyers at last week’s sale price, and no sellers. Commercials showed a further slight improvement in the buying quote. Kaitangatas and Wcstports are still the only coal shares attracting attention, and this morning buyers advanced 3d, without producing a seller. Meat preserving shares maintained a strong inquiry, and Kefrigeratings had business at recent rates. Slight rises were recorded in the bids for New Zealand Drugs, ‘ Otago Daily Times’ shares, and Woolworth’s (Sydney), and the last-named showed sellers holding firm 6d above Saturday’s quote, and 9d above the sale price. New Zealand Breweries were inclined to harden still further, following reported business at 47s 6d. In the gold mining section Gillespie’s weakened a little, but otherwise there was no change in the market. The strong demand for Government Loans continues unabated. SALES. On ’Change.—Gillespie’s, Is lOd. Reported.—New Zealand Breweries, £2 7s 6d (2); Timaru Brewery (7s 6d paid), 7s Id; Woolworth’s (Sydney), £3 10s 6d (2); Refrigerating (paid), 19s sd; Refrigerating (cont.), 9s Did. Quotations as under:— 4 p.c. Stock, Feb. 15, Buyers. Sellers. £ s. d. £ s. d.

DIVIDENDS DUE. Adelaide Steamship—final at 6 per cent per annum Sept. 11 Milburn Lime and Cement —5 p.c. Huddart, Parker Ltd.—interim, hafl-vear, 3 p.c. on ord. and pref. Sept. 13 Broken Hill South—ls fid a share Sept. 15 King Solomon 25 per cent. ... Sept. 15 North Broken Hill —final, Is fid per share and Is bonus ... Sept. 28 Bank Australasia —half-year, 7 p.c. (3s fid) Sept. 28 Dunlop Pcrdriau—s p.c., ord. and pref Kaiapoi Woollen (prof.)—two years, 5 p.c., Is 8 2-5 d a share Sept. Kaiapoi Woollen (ord.) —one year, 3 p.c., 6 3-5 d a share Sept. British Tobacco—quarterly, 6 p.c. (3 3-5 d share) Sept. 29 Smith and Smith —half-year, 5 p.c. (fid a share) Oct. 31

BANKING— Bank of N.S.W. ... 31 0 0 Bank of New Zealand 2 7 6 — Commercial Bank ... 0 16 0 — National Bank of New Zealand 3 16 0 Union Bank of Australia Ltd. 9 7 0 ■— Reserve ... — 6 10 0 INSURANCE— National lusur. Co. ... 1 0 2 — Standard Insurance Co ... 3 6 0 — SHIPPING— Huddart, Parker (ord.) — 1 14 0 Huddart, Parker (pref.) 1 8 0 U.S.S. Co. (pref.) ... 1 7 0 — COAL— Kaitangala Coal 1 0 9 _ Westport Coal Co. ... 0 18 10 0 19 2 LOAN AND AGENCYDalgety and Co. 9 1 0 — National Mortgage ... — i 1 0 N.Z. Guarantee Corporatiou 0 4 6 — Wright, Stephenson lord.) 0 18 6 Wright, Stephenson (pref.) 1 0 — MEAT PRESERVING— N.Z. Refrigerating (paid) ... 0 19 3 — N.Z. Refrigerating (cont.) 0 9 0 0 9 2 Southland Frozen Meat (paid) 3 10 0 — Southland Frozen Meat • (cont.) 1 15 0 — Southland Frozen Meat (pref.) 3 10 6 — South Otago Freezing 6 2 0 — MISCELLANEOUS— Associated Newspapers 1 3 0 — Brown, Ewing (pref.) 1 1 0 — Bruce Woollen Co. (ord.) 0 13 0 — Bruce Woollen Co. (pref.) 1 1 0 — Crystal Ice Co 1 16 0 — D.I.C. (pref.) 1 5 0 — Dominion Fertiliser ... 1 0 0 —1 Dominion Fertiliser Debentures ; 102 10 0 Dominion Rubber ... 1 9 0 — Dunedin Stock Exchange Proprietary 2 0 0 — Electrolytic Zinc (def. ord.) 1 7 0 — Eaiapoi Woollen (ord.) — 0 13 9 Kaiapoi Woollen (pref.) — 1 0 0 Milburn Lime and Cement 1 14 6 — National Electric 0 7 9 0 8 9 N.Z. Drug Co 3 18 3 — N.Z. Newspapers 1 12 0 •— N.Z. Paper Mills ... 1 11 6 — ' Otago Daily Times ’ 2 9 6 — Regent Theatre — 0 19 6 Wilson’s (N.Z.) Cement 1 10 0 — Woolworth’s (Sydney) 3 10 0 3 11 3 Woolworth’s (ord.) ... 7 0 0 — BREWERIES— N.Z. Breweries 2 7 6 2 7 9 Tooth’s Brewery 2 5 0 GOLD MINING— Addison’s ’ Flat 0 2 3 __ Alexander — 0 19 O Aotearoa — 0 0 9 Bell-Hooper — 0 0 0 Bell-Kilgour — 0 0 34 Bendigo Goldlight ... 0 0 104 0 1 0 Big River — 0 0114 Blackwator 1 12 6 — Central Shotover — 0 0 10 Gillespie’s 0 1 0 1 10 Golden Dawn 0 2 0 — Goldfields Dredging ... 0 0 104 0 1 0 Kildare 0 1 10 0 2 0 King Solomon — 0 4 4 Mabakipawa 0 0 10 — Mining House Concessions 0 0 4 0 0 51 Moonlight-Nelson Creek — 0 0 4 Nevis Diesel 0 0 4i — Nokomai 0 3 10 0 40 6 Okarito 0 8 3 Skippers ■ ... 0 0 64 0 0 3 Waitahu • 0 4 9 Wethorstones — 0 1 3 Sandhills — 0 0 7 Stafford — 0 1 44 M.zr GOVERNMENT LOANS(Bonds quoted are £100 Bonds.) 3J £.c. Stock, 1538108 0 0 5) p.c. Stock, 19391943 108 0 0 — 3J p.c. Stock. 11411943 108 0 0 — 34 p.c. Stock, 19381952 108 0 0 —• 34 p.c. Stock, 19391952 108 0 0 p.c. Stock, 19411952 108 0 0 — 4 p.c. Bonds, Jan. 15, 1940 ... 107 0 0 — t p.c. Slock, Jan. 15, 1940 107 0 0 — 1 p.c. Bonds. Feb. 15, 1946 107 10 0 4- p.c. Stock, h'cli. ib, 1946 107 10 0 — 1 p.c Bonds. April 15, 1949 109 0 0 — 1 p.c. Stock, April Ib, 1949 109 0 0 — 1 p.c Bonds. June 15. 1955 110 0 0 i o.c Stock, Jun* Jb. 1955 no 0 0