DUNEDIN STOCK EXCHANGE

Evening Star, Issue 22892, 25 February 1938, Page 6

DUNEDIN STOCK EXCHANGE

THIS MORNING'S GALL LATEST QUOTATIONS Buyers. Sellers. £ s. d. £ s. d.

| N order to have the ‘ Star ' out in good * time it is found impossible to classify Advertisements that come in after noon. We would therefore request Advertisers to kindly bear this in mind and send in their orders early.

AUSTRALIAN STOCK EXCHANGES Press Association—By Telegraph—Copyright. SYDNEY, February 24. . Firmer metal prices and a good advance on Wall Street industrials encouraged investors to operate with greater freedom on the Stock Exchange to-day. The market was brighter than for many weeks.; MORNING SALES.

MELBOURNE, February 24. ■Leading stocks and Barriers remained firm in view of the further improvement overseas. Tin shares attracted more ai-

THE RESERVE'BANK ASSETS AND LIABILITIES \ JPek United Press Association.] WELLINGTON, February 24. The ‘ Gazette ’' issued to-night contains the following statement of liabilities and assets of the Reserve Bank of New Zealand as at the close of business on February 21. The figures at the close of the, previous week are given for purposes of comparison, shillings and pence being omitted;— LIABILITIES. Last week. This week. £ £ I. General Reserve Fund 1,500,000 1,500,000 3, Bank notes ... 13,967,392 13,789,755 3. Demand liabilities—(a) 'State 4,375,297 4,923.468 (b) Banks 9,562,718 9,374,267 (c) Other ... ... ... 242.658 347,772 4. Time Deposits —•— 5. ' Liabilities in cunencie* other than New Zea- • land currency ... 6. Other liabilities ... 193,000 194,388 Total £39,841,067 £30,129,651 ASSETS, 7. Reserve—(a.- Gold 2,801.791 2,801.793 (b) Sterling exchange ... 16,462,188 16,672,603 (c> Gold exchange ... 8. Subsidiary coin ... 217,805 217,476 9. Discounts—(a' Commercial and agricultural bills ... (bi Ireaiury and local body . bill* —* ' 10. Advances—(a) To. Siste or Stala undertakings—(ll Primary Products Marketing Department 6,336,741 6,259,130 (2« For othei purnoses 1,100,000 1,100,000 (b) To other public authorities (c Other ... ... ... 11. Investments 2,949,931 2,959,994 13. Bank buildings 13. Other assets ... ... 72,608 118,654 Total ... .£29,841,067 £30,129,651 Proportion of reserve (No. 7 less No. 6) to notes and other demand liabilities 68.438% 68.486%

N.Z. GOVERNMENT LOANSoi p.c. Stock, Nov., 1938-52 102 10 0 5i p.c. Stock, March, 1939-43 102 5 0 3i p.c. Stock, Sept., 1939-43 — 102 0 o 3£ p.c. Slock, May, 102 1939-52 0 0 — 31 p.c. Stock, March, ■ 1941-43 101 10 0 — 3£ p.c. Stock, Sept., 194L43 101 10 0 — 31 p.c. Stock, May, 1941-52 ... 101 10 0 — 3i p.c. Stock, Nov.. 1941-52 ... 101 10 0 — 4 d;c. Bonds, 1943-46 102 10 0 — 4 p.c. Stock, 1943-46 — 102 12 6 4 p.c. Bonds, 1946-49 104 5 0 — 4 p.c. Stock. 1946-49 — 104 10 0 4 p.c. Bonds, 1952-55 103 15 0 — 4 p.c. Stock, 1952-55 103 15 0 — 3i p.c. Bonds, 1953-57 97 10 0 — 3jr p.c. Slock, 1953-57 88 5 0 BANKING— New South Wales (£20) 31 10 0 32 10 0* New Zealand (£1) —■ 2 3 6 Commercial (10s) ... — 0 16 9 . Commercial of Sydney 20 (£12 10s) — 3 0 Onion of Australia Ltd. (5) — 9 .4 0 INSURANCE— National (7s) .... ... 0 16 11 0,17 4 Standard (£1) ; 2 19 6t — SHIPPING— Huddart, Parker (ord., £1) 2 4 3 — Huddart, Parker (pref., £1) 1 7 3 — U.S.S. Co. (pref.. 9 £1), ... ... 1. 6 ►— MEAT PRESERVING— N.Z. Refrigerating 8 6 (cent., 10s) ... ... •— 0 Southland ' Frozen (paid. £1) — 1 9 0» Waitaki Farmers’ Freezing (£5) .„ — 4 7 0 LOAN AND AGENCY— Goldsbrough, Mort ,6 (£1) ... — 1 11 National Mortgage 9 (£2) ... — 2 0 National Mortgage 0 ' (“B” Issue, £1) 1 11 *— N.Z. Loan and Merer itile (ord., £100) ... ■ — 49 0 0 N.Z. Guarantee Corp. (3s) . 0 4 3 0 4 7 Otago Farmers’ Co-op (3s 4d) 0 2 9 — Otago Farmers’ Co-op (A pref., £1) Trustees, Executors, 0 19 0 — , and Agency (£2), ... 3 15 0 Wright, Stephenson 9 (ord., £1) ... ..; 1 i — Wright, Stephenson '9 (pref., £1). ... ... 1 0 COAL— Westport (lOs) Ai 1 1 -'3 2 :: ;1 3 6 Westport-Stockton (ord., 10s) 0 2 11 0 3 0 Westport-Stockton 0 (pref., 10s) 5 11 — WOOLLEN COMPANIES— Bruce (ord., £1) 0 7 0 — Mosgiel (£4) 9 10 0 *— MISCELLANEOUS— Associated News 1 (£1) — 2 9 Associated News (pref., £1) ... ... 1 5 0 — Australian Foundation Trust ... — 0 6 0 British Tobacco (£1) — 2 10 0 Broken Hill Pty. (£1) 3 2 0 — Broken Hill Pty. (cont.) ... ... ... 1 12 6 — Brown, Ewing (ord.. 1 £1) - — 0 6 Consolidated Brick (£1) ... 0 7 0 — D.I.C. (ord., 10s) ... — 0 15 3 D.I.C. (pref., £1) ... 1 3 9. •. — Dominion Fertiliser (£1) ... ... ... ... 1 3 3 1 4 0 Dominion Fertiliser Debs 102 0 0 — Dominion Rubber (£1) — 1 5 6 Dunedin Slock Exchange Pty. (£1) ... 2 2 0 — Dunlop Perdriau Rubber (£1) 1 2 10 1 . 3 3 ■ Kauri Timber (£1 5s) — ,1 '2 6 Milburn Lime and Cement (£1) ...■ —- 2 0 0 M’Leod Bros. (£10) ... — 29 10 0 Mort’s Dock (£1) ... — 0 11 0 N.Z. Drug Co. (£2) ... 3 7 6 5 10 0 Regent Theatre (£1) 0 19 0 — Taranaki Oil (£1 4s 7d) 0 6 0 — Whitcombe and Tombs (£2 10s) ... — 3 4 0 Woolworths (pref., £1) 1 17 3 — Woolworths (ord., 5s) 1 0 8 1 1 6 Woolworths (Sydney, ord., 5s) 1 6 8 1 7 2 BREWERIES— New Zealand (£1) .... 2 5 6 2 S 9 Dunedin (£1) 1 9 0 — OVERSEAS LIST— Woolworths (South Africa) 0 14 9 0 15 3 OVERSEAS MINING— Austral N.Z. Mining (15s) ... — 0 18 0 Broken Hill South (5s) 1 13 3t 1 14 6 Electro. Zinc (pref., £1) - 2 8 Of 2 9 0 Electro. Zinc (ord., £1) 2 7 01 2 7 6 Mount Lyell (£1) Mount Morgan (2s 6d) 1 10 6 1 11 6 0 10 0 0 10 5 North Broken Hill (5s) 2 10 6 2 12 0 GOLD MINING— Big River (Is) 0 1 It 0 1 6 Clutha River (2s) ... — 0 3 3* Gillespie’s (Is) — 0 1 1 Goldfields Dredging (Is) 0 0 2 — Grey River (8s 9d) ... 0 11 3 — Molyneux River (2s) 0 1 1 — Mossy Creek (Is) ... 0 1 0 Nokomai (5s) 0 111 0 2 .4 Okarito (5s,) — 0 3 0 Paddy’s Point (5s) ... — 0 1 6t Sandhills (Is) 0 0 1 0 ,0 3 Skippers (Is) 0 0 1 — Waipapa Beach (Is) “■* 0 0 3 UNLISTED STOCKS— All stocks in this section are not quoted on the official list, and transactions are subiect to a different rate of brokerage. A. and T. Burt 0 (pref., £1) 0 11 0 0 14 Dunedin Ice Cream ... 1 0 0 1 I 0 . *ex div. tcum div.

' £ s. d. Commonwealth Bonds— 4 p.c., 1941 ... ... ... 104 3 9 •4 p.o., 1944 ’...■ 105 3 9 •4 p.c., 1947 ( ... 106 0 0 4 p.c., 1953 | ... 104 11 3 Tooths i 2 16 0 Associated News, (pref.) ... 1 5 3, Anthony Hordern , ... ... 0 18 9 British Tobacco^ 1 ... 2 9 9 Broken Hill Proprietary ... 3 3 6 Fairymead Sugar :.. ... ... 1 14 9 Meggitts : 1 11 ,0 AFTERNOON SALES. £ ,s. d. Bank of New South Wales 32 10 0 Commercial Banking of Sydney i. ' ... 20 .5 0 E.S.. and A. Bank ... .... 6 6 9 Queensland National Bank 5 2 0 Mercantile Mutual Insurance ... ... 1 11 0 Bums, Philp 2 13 0 South Sea 1 8 9 Associated News 1 2 3 British Tobacco .... 2 9 9 Tooths ... -... : .... 2 15 6 Australian Glass ... •... .... 4 14 0 Dunlop Perdriau ... ■...; .... 1 3 4* General Industries ... : ... 0 19 4* Newcastle Gas (A)’ .... .... 0 12 2 Meggitts ‘ .... .... 1 11 0 Standard Cement 0 19 3 Wool worths 1 7 3 United Provisions 0 6 3 Wilcox, Mofflin ... ... .. 0 10 10 Fairymead Sugar ... .... 1 14 9 Electrolytic Zinc ... 2 8 0 (pref.) 2 9 0 Mount Morgan ... O 10 1 Broken Hill Proprietary ... 3 3 0 Souths ... 1 14 7i Rawang ... ... ... ... ... 0 9 G Larut ...- ... 0 14 6 Pungah Tin -. ■. 1 5 6

tention. Commercial Bank of Aus- £ s. d. tralia 0 16 8 E.S. and A. Bank ... ... 5 5 0 National Bank (£5 paid) ... 7 3 6 British Tobacco 2 9 9 Carlton Brewery ... ... ... 3 7 3 doles -... ... 4 12 6 Dunlop. Perdrieu ... ... ... 1 3 4 Australian Foundation Investment _ Trust ... ... 0 5 10 Electrolytic Zinc ... ... ... 2 8 0 (pref.) 2 9 6 Mount Morgan 0 10 -2 Mount Lvell ... -... 1 11 9 Broken Hill, Pronrietary ... 3 2 9 North Broken Hill ... ... 2 12 3 Souths ... ... ... ... •... 1 14 9 Zinc Corporation ... ... 5 1 0 Emperor ;.. ...- ... ... 0 12 6 Tioloma •' ••• 0 19 11