THE SHARE MARKET

Evening Star, Issue 21974, 9 March 1935, Page 11

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE Business was quieter on the market this morning, though three sales were reported. Union Banks had further business at £8 13s, but there was no inquiry when another parcel was offered at the same figure. New Zealands attracted a buyer at 495, but sellers were firm at 49s 3d. National and South British Insurances wore fractionally easier, while a buyer of A.P.A.’s appeared at 10s. Little interest was displayed in meat preserving shares, though Refrigerating paids had business at 19s 7d, yesterday’s selling price. Only one buyer was in evidence for Loan and Agency shares, while Now Zealand Guarantee Corporations iiad a parcel oi 1,000 offered at 6s without producing a bid. There was strong demand for better-class industrial stocks, and improved prices were recorded against Donaghy’s Rope and Twine, Dunedin-Kaikorai Trams, and Mosgiel Woollens. A parcel of ‘ Otago Daily Times ’ shares was offered at 52s 6d without response. Interest in gold mining shares was confined to only a few of the gold producing concerns. Gillespies were inclined to lose ground, and Big Rivers revealed a hardening tendency. Conditions were unchanged in the Government Loan section. SALES. Reported Union Bank, £8 13s; Refrigerating (paid), 19s 7d; Now Zealand Farmers’ Fertilisers, 19s 3d, Quotations as under: —

Buyers. Sellers. £ t. d. £ ». i. BANKINGNew South Wales ... 31 0 0 New Zealand 2 9 0 2 9 3 Commercial 0 16 2 Reserve — 6 11 0 Union of Australia Ltd — . 8 13 0 INSURANCE— National 1 1 9 New Zealand 3 7 6 South British — 4 15 0 A.P.A 0 10 0 -- SHIPPING— U.S.S. Co. (pref.) ... 17 0 - MEAT PRESERVING— N.Z. Refrigerating (cont.) ... — 0 9 0 Southland Frozen (paid) „ — 3 18 3 Southland Frozen (cont.) -- 1 19 6 South Otago Freezing 6 8 0 —- LOAN AND AGENCYNational Mortgage (“ B ” Issue) 1 10 6 — N.Z. Guarantee Corporation — 0 6 0 Wright, Stephenson (pref.) — 1 0 0 COAL— Kaitangata 0 19 4 Westport-Stockton (ord.) 0 10 0 1 5 MISCELLANEOUS— Broken Hill Proprietary — 2 11 3 Brown, Ewing (pref.) 1 1 3 — Bruce Woollen Co. (ord.) — 0 14 6 Colonial Sugar Co. ... 40 10 0 — D.I.C. (ord.) 0 14 6 D.I.C. (pret.) — 1 6 0 Dominion Fertiliser ... 12 0 Dominion Fertiliser Dohentures 105 0 0 Donaghy’s Rope and Twine 2 9 0 Dunedin-Kaikorai Trams 1 19 0 Miiburn Lime and Cement 2 3 0 Mosgiel Woollen Co. 11 0 0 — N.Z. Drug Co — 4 0 0 .N.Z. Paper Mills ... — 1 15 0 1 Otago Daily Times ’ — 2 12 6 Regent Theatre * 0 19 6 Smith and Smith (pref.) 0 19 0 Woohvorths (Sydney) ~ 4 12 6 BREWERIES-* New Zealand 2 10 6 2 10 9 GASChristchurch 1 14 6 Timaru ' — 1 2 6 AUSTRALIAN MINING Electrolytic Zinc (ord.) 1 1 10 1 2 0 GOLD MINING— Bcll-Hoopcr 0 0 3 Bcll-Kilgour — 0 0 1 Bendigo Goldiight ... — 0 0 101 Big River 0 2 2 0 2 4 Charleston 0 0 Clutha River 0 19 Gillespie’s 0 16 0 1 71 Golden Progress 0 1 0 Goldfields Dredging ... — 0 o 74 Glonroy 0 0 2 0 0 41 Kildare 0 3 0 Maerewhenua 0 0 3 Molyneux River 0 19 Nokomai 0 2 3 Okarito 0 7 0 Oxcnbridgo 0 0 91 Stafford Sluicing 0 1 2 Waitaliu ... 0 2 6 ~ N.Z, GOVERNMENT LOANS— (Bonds quoted are £100 Bonds.) p.c. Stick, 19381943 307 10 0 3J p.c. Stock, 19391943 107 10 0 3J p.c. Stock, 19411943 — 107 10 0 3J p.c. Stock, 19381952 — 107 5 0 3i p.c. Stock. 19391952 — 107 5 0 34 p.c. Stock. 1941. 1952 — 307 5 0 4 p.c. Bonds, Jan, 15, i940 102 10 0 4 p.c. Bonds Feb, 15, 1946 105 0 0 4 p.c. Stock, Feb. 15, 1946 105 0 0 4 p.c. Bonds, April 15, 1949 .108 35 0 4 p.c. Stock, April 15, 1949 108 15 0 4 p.c. Bonds, June 15, 195b 110 0 0 4 p.c. Stock, Juno IS 1955 110 0 0 — DIVIDENDS DUE. Australian Paper—Interim, 4 p.c., on pref. and ord shares Mar. 11 Elec. Zinc—Interim, pref., 8 p.c. per annum Mar. 13 Broken Hill South—Interim, Is 6d a share Mar. 15 W. R. Carpenter and Co. Sydney —Interim, half-year, 8 p.c. p.a. Mar. 15 Amalgamated Wireless Ltd.—liitenm, 4 per cont. .. Mar. .6 Dominion Rubber —Final Is share 19 Golconda Holdings Ltd.—First Interim, 5 per cent. Mar. Zi North Broken Hill Company—Is 6d a share Mar. 29 Rank of Australasia—Final, at rate of 8 per cent, plus centonary bonus of 2 p.c., less British income tax at 4s 6d in the £, payable at current rate of exchange New Zcaland on London ... 29 Hume Pipes (Aust.) Ltd.—Interim, 4 p.c. per annum ... Mar. 30 British Tobacco-Quarterly, li I>-c Mar. 30 Amalgamated Zinc—Interim, 21 P-c Apr. 12 Smith and Smith Ltd. pref.) - Annual, 5 per cent. 'Juno I