THE SHARE MARKET

Evening Star, Issue 22271, 24 February 1936, Page 7

THE SHARE MARKET

DUNEDIN STOCK EXCHANGE A sale of Refrigerating contributing? at 9s lid comprised the only business recorded at the meeting of the Exchange this morning. Bank of New Zealands revealed a tendency to harden, with buyers at. 47s 6d and no seller, while Reserves improved to buyers at £5 16s and no selling quote. There was a fair inquiry for meat and loan and agency shares, but there was a noticeable decline in the number of buying quotations recorded in the miscellaneous section. Australian mining shares continued to attract considerable attention, Electrolytic Zincs and Mount, Lyells being in particularly strong demand. A good inquiry was maintained for the short-dated issues of Government loans, of which there was an absence of sellers. The long-dated bonds and stocks continue to experience a dull market, an indication that investors are anticipating a hardening of interest rates. The price offered for Woolworlh (Sydney) ordinary shares continued to improve, buyers at £6 8s 6d attracting a seller at £6 10s 6d. Sale on Change.—New Zealand Refrigerating . (cont.), 9s lid.

DIVIDENDS DUE

Quotations as under:Buyers. Sellers. £ i. d. £ B. d. BANKING— Australasia ... . — 13 0 0 New Zealand 2 7 b — 0 Commercial — 1 0 E.S. and A — 6 4 6 National of New Zealand 3 18 0 4 0 6 National of Australasia ... — 15 9 0 National of Australasia (cont.) — 0 7 13 0 Reserve 5 16 — Union of Australia . Ltd. 9 18 6 — INSURANCE— National — 0 19 8 New Zealand ... ... 3 3 0 ““ SHIPPING— % Huddart, Parker . (ord.) — 2 0 6 P. and O. Deferred Stock — 1 7 0 U.S.S. Co. (pref.) ... 1 6 0 — MEAT PRESERVING— N.Z. Refrigerating 0 0 • (paid) 1 — N.Z. Refrigerating 0 0 (cont.) .. 9 10 0 10 Waitaki Farmers’ Freezing 3 12 0 — LOAN AND AGENCY— Goldsbrongh, Mort ... 1 12 6 — Mortgage Corporation 0 4 7 0 4 9 National Mortgage ... 2 10 0 — National Mortgage (“ B ** Issue) ... 1 12 0 — Wright, Stephenson (ord.) ... 0 17 b — Wright, Stephenson 0 0 (pref.) — 1 COAL— Westport 1 3 0 1 3 7 Westport-Stockton (pref.) ... — 0 2 6 WOOLLEN COMPANIES— Bruce (pref.) ... ... 1 1 6 — Kaiapoi (ord.) ... ... 0 14 0 0 14 9 Kaiapoi (pref.) — 0.18 0 MISCELLANEOUS— Associated News ... 1 2 6 1 3 6 Broken Hill Pro6 prietarv — 3 1 Broken Kill Pty.. 0 0 (cont.) D.I.C. (pref.) 1 5 6 I 11 1 5 Dominion Fertiliser ... 1 4 0 — Dunedin -Kaikorai Trams 2 0 0 '— Kauri Timber i 4 7 ’ Milburn Lime and 5 Cement — 2 National Electric — 0 12 9 Regent Theatre ... — 1 1 BREWERIES— New Zealand 2 11 9 2 12 6 AUSTRALIAN MINING— Electrolytic Zinc (ord.)' 1 18 6 2 0 0 Mount Lvell ... ... 1 5 0 1 6 0 Mount Morgan — 0 16 6 Upper Watnt — u a Mount Morgan De0 6 Velopments ... — 4 GOLD MINING— Big- River 0 1 8 » 2 0 — 0 0 Gillespie's 0 0 11 0 1 1 Goldfields Dredging — 0 0 s King Solomon — 0 3 Lawson’s Plat 0 0 h Mount David (5s) ... — 0 X 6 Nokomai (5s) 0 2 1 0 2 6 Skippers (Is) 0 0 0 0 3 Waipapa Beach (le) — 0 1 Wait-amt (5s) — 0 2 3 N.Z. GOVERNMENT LOANS(Bonds quoted are £100 Bonds.) 31 p.c. Stock, Nov., 1938-52 102 15 0 — 31 p.c. Stock, Mar., 193943 ... 102 15 0 —- 3* p.c. Stock, Sep., . 1939-43 102 15 0 31 p.c. Stock, May, 1939-52 102 15 0 103 7 6 4 p.c. Bonds, 1937-40 101 0 0 — 4 p.c. Stock, 193Y-4U 101 0 Q, ■ 4 p.c. Bonds. 1943-46 102 0 0 4 p.c. Stock, 1943-40 102 0 0 — 0 4 p.c. Stock, 1946-49 “ 104 10 UNLISTED STOCKS— Otago Farmers (A pref.) 0 19 0 1 0 0 M'Intosh, Caley, Phoenix 0 10 0 0 11 6 Woolworths (Sydney) -6 8 6 6 10 6

National Mortgage and Agency, 5 p.c. p.a Feb, 25 Mataki Gold Dredge—Id a share Feb. 25 Bank of New South Wales —InFeb. 26 terim, quarterly, 5s a share ... Equitable Building Co.—Annual 4 per cent Feb. 26 Standard Portland Cement —Halfyearly, at 7 per cent, per Feb. 26 annum Kuala Kampar Tin—6d a share Feb. 27 (sterling) Carlton Brewery—Final halfyearly, 5 p.c., making 10 p.c. per annum Feb. 28 Pelaeo Ltd.—A pref., 7 per cent.; Feb. 28 B pref., 9 per cent, per annum Kandos Cement—Interim, 10 p.c. 28 per annum ' Feb. Kuala Lumpur Tin —Is a share ... Feb. 28 Southland Meat—Interim, 16 p.c. Mar. per annum 2 Milburn Cement—Interim, 3J p.c. Mar. for half-year ended Dec. 31 ... — Elder Smith— Interim, 6 p.c. p.a. for half-year ended DeMar. cember 31 2 Standard Insurance —Half-yearly, Mar. Is 3d per share ... 2 Queensland Insurance—Interim, Mar. ord. 7 p.c. per annum ... ... 3 Broken Hill South — Jubilee Mar, 14 bonus, 2s 6d a share W. R. Carpenter—Interim, 8 p.c. 16 per annum ... Mar. Gillespie’s Beach—5 per cent. ... Mar. 19 Electro. Zinc—int., ord. and pref. Mar 19 4 p.c Aper Investment Trust of New Zealand—Final at 4 p.c. per 19 annum Mar. Hume Pipe (Australia)—Interim Mar 30 at, 5 per cent, per annum .... Mver F.raporiura—Interim, ord., 3 Apr. P-c. 6 G. J. Coles and Co. Ltd.—Interim, quarterly, ord., 6d per share ... Apr. 15