STOCKS AND SHARES

New Zealand Herald, Volume LXIX, Issue 21314, 15 October 1932, Page 7

STOCKS AND SHARES

THE AUCKLAND EXCHANGE ACTIVE TONE PREVAILS Conditions continued to It p. fairly active on the Auckland Stock Exchange yesterday, 18 sales being made. A keen demand again existed for Government securities, but holders showed no readiness to release. In both 1938 and 1939 issues of bonds and stock bidders increased their offers, but holders were not quoted. There was no change in 1937 issues. Two sales occurred in local body debentures, Auckland Harbour Board, 1948, 5-i per cent, changing hands at £9B ss, an advance of 15s on the , last previous sale, and Auckland Drainage Board, 1936, 5 per cent, selling at £96 10s, an increase of £2. Banks were again inclined to firm. For New Zealands buyers advanced 2d to 465, at which price a sale was recorded. Offers for Nationals of New Zealand wero increased Is to £3 19s, and New Sputh Wales wero again sought at £2B. Unions sold at £7 18s 3d, which is 9d in excess of the previous sale, and . Commercials changed hands at 14s 6d, a reduction of 2d. The only sale in insurance was in South British, the price, 575, being on a par with recent transactions. Other quotations wero practically unaltered. With few exceptions values did not fluctuate greatly in miscellaneous sections. An accommodation movement was apparent in Auckland Gas, holders conceding 3d to sell at 21s 6d. Colonial Sugars were in demand, three parcels selling at the recent rate, £4B ss. For British Tobaccos buyers offered 31s 6d against holders' 325, and there was a late sale at 31s 9d. There was little variation in mining. Three parcels of Mount Lyells sold at 21s 3d, 21s 4d and 21s 2d, and Alexanders (13s 6d paid) were released at 17s cum div., a decline of 3d on an earlier sale. In Waihis two sales took place unchanged-at 17s 3d.

CALL AND DIVIDEND LIST Dividends— Due Alexander Mines—ls a share . . Oct. 17 Elec. Zinc (prof.)—half-year to June 30, 1931. 8 p.c. p.a. . . Oct 27 United Bldg. Soc.—finnl.\ 3 p.c. Oct. 28 Britisti Tobacco —Quart.; pref., GJ p.c. p.a Oct. 3i AVhitoombe nnd Tombs. Ltd.— final. 3 p.c. . . . . . . Oct. N.Z. Guar. Corp.—final, pref.. 7 p.c. p.ti.; ord., 8a paid, 2cl a share; fully paid, 5d a share Oct. Waihi Gold Mining Co.—interim, Is a ahnro . . . . Nov. 1 Sharland and Co.—6 p.c. for year, ord. and pref . . Nov. Bruce Woollen Manufacturing Co.—pref., 7 p.c. ... .. Nov. Imperial Chemicals interim. ord. 21 p.c . . . . Dec. 1 P. AND O. DEFERRED STOCK LONDON. Oct. 18 P. and 0. deferred stock is quoted at 19s 2±d, sam 6 as on October 11.

CLOSING QUOTATIONS Buyers Sellers £ s d £ 8 d BANKS Australasia 10 0 0 Com. of Australia . . 0 11 5 0 14 7 Ditto (pref.) — 7 10 0 Eng., Scot, and Avis. 4 11 G 4 14 G National of N.Z. : . 3 19 0 4 0 0 Nat. of Aus. (con.) 5 14 0 5 17 6 New South Wales . . 28 0 0 — New Zealand 2 6 0 o 6 3 D pref., 20s pd. . . 1 8 6 — Union of Australia . . 7 17 6 8 0 0 INSURANCE Australian-Provincial 0 4 G - _ National 0 14 0 0 14 9 New Zealand . . •2 2 11 2 3 0 Queensland 2 4 0 0 7 0 South British . . 2 16 9 2 17 3 Standard — 2 10 0 LOAN AND AGENCY Abraham-Williams (pf.) 3 7 6 Dolgety and Co. . . • — 8 15 0 Dominion Investment — 0 18 6 Farmers' Co-op. Auc. t 17 r. — Ditto (A pref.) . . 0 13 6 — Ditto (B prof.) . . 0 ll 6 — Goldshrough-Mort 1 3 9 1 4 3 Newton King (pref.) 0 2 0 0 10 0 N.Z. River Plate. . . ■ 1 0 0 — N.Z. Guar. Corp. (ord.) 0 4 9 0 5 in N.Z. Loan, and Merc. 55 0 0 61 0 0 N.A. Fanners' (13 pf.) — 0 9 0 Traders' Fin. (7s Cd pd.) 0 2 6 _Q 2 9 Ditto (prof.) 0 11 0 — COAL Grey Valley 0 9 0 0 15 0 Pukemiro 1 3 0 — Renown (ord.) 0 1 0 0 3 6 Ditto (pref.) — 0 1 9 Taupiri — 0 14 6 GAS Auckland 1 1 3 1 1 6 Ditto (con.) 0 15 3 — SHIPPING Devonport Steam — 1 0 0 Huddart-Parker 1 7 0 1 8 9 Northern Steamship , 0 5 6 — Ditto (con.) . . n 2 3 — P. and 0. (dcf. stk.) 1 0 0 — t Union Steam (pref.) 1 0 0 TIMBER Bartholomew 0 9 0 — Kauri . . 0 12 3 0 13 3 Leyland-O'Brien 0 19 0 — National — 0 7 0 WOOLLEN Mosgiel S 0 0 — BREWERIES N.Z. Breweries 1 8 3 1 8 9 J. Staples and Co — 1 7 6 Tooth's — 1 13 0 ' MISCELLANEOUS Adair Bros — 0 17 0 A. J. Entrican (pref.) — 0 17 0 Australian Glass 1 18 9 1 19 3 British Tobacco 1 11 6 1 1 12 0 Burns-Philp 2 a ,6 —• Bycroft, Ltd. 1 10 0 49 •— Colonial Sugar .48 5 0 0 0 Donaghy J 8 Rope 1 10 0 0 — 0 Electro. Zinc (ord.) 0 16 0 17 Ditto (pref.) Farmers' Trading Co. 1 6 0 1 6 4 — 0 3 8 Ditto (B pref.) . . 0 6 0 0 9 0 Gear Meat — 6 1 0 15 6 0 Grey and Menzies . . 0 2 0 Henry Jones . 1 10 0 1 11 3 Kempt hoine-Prosser 2 19 0 3 1 0 Milne and Ghoyce ford.) 0 12 G — Ditto (B pref.) . 0 13 0 0 — 0 Ditto (deb. Blk.) . . 0 12 6 15 Moturoa Oil . . 0 3 9 0 5 0 N.Z. Farmers' Fert. 0 16 3 0 17 0 N.Z. Rcfrig. (con.) 0 3 3 0 3 4 Robinson Ice Cream . — 0 18 0 Taranaki Oilfields .. 0 2 6 0 2 7 Union Oil 1 4 3 1 5 6 Whittome-Stevenson 0 12 0 —• Wilsons Cement 1 10 6 1 11 9 Woolworths (N.Z.) (pf.) 1 6 3 MINING Blackwater • . . 0 17 6 0 18 6 Gonsolid. Goldfields . 0 7 9 0 8 9 Cornish Point .. <) 0 2 0 0 6 Golden Dawn . . t> 0 4 6 0 5 0 Golden Point .. . . 0 0 6 0 0 7 Kawarau ... .. 0 0 61 0 1 0 King Solomon ,. 0 1 9 0 1 11 Okarito 0 8 4 0 H s Waihi 0 17 2 0 17 4 Waihi Grand Junct. . 0 », 1 0 3 4 Bulolo 2 12 0 — Mount Lyell . . 1 1 0 I 1 1 2 TINFIELDS Kuala Kampar — 0 7 0 Rawang 0 1 3 0 .5 3 N.Z. GOVT. . BONDS War Loan. 15/11/38, 4J 95 7 6 — .Ditto, 20/4/39, 41 . . 95 7 6 — Ditto, 1/9/41, 45 .. 94 0 0 — Ditto, 15/2/37, M . . 96 0 0 — Ditto, 15/1/33, 51 . . 99 5 0 — Ditto, 15/2/37, 51 . . 99 10 0 — Ditto, 1/9/37, 51 . . 99 10 0' — N.Z. INSCRIBED STOCK War Loan, 15/11/38, 41 95 5 0 — Ditto, 20/4/39, 41 . . 95 5 0 15 Ditto. 15/2/37, 51 . . 96 5 0 96 0 Ditto, 15/1/34, 51 . . — 99 0 0 Ditto, 1/2/30. 51 .. 98 15 0 — 0 Ditto, 15/2/37, 51 . . 99 10 0 99 15 Ditto, 1/9/37, 51 . . 99 10 0 99 12 6 DEBENTURES Alt. Har. Brd., '41, 0 ) 02 0 0 104 0 0 N. Plymouth, 1/2/50,5: L 94 0 • 0 City of Auck., '.40, 51 95 10 0 97 10 0 Ditto, 1900. 51 95 0 0 - Waitomo, 1/8/45, C . . 99 0 0 C.E.P.B., 1/1/57, 51 91 10 0 96 0 0 Mt. Albert. 1903, 5J . — 99 0 0 Mt. Roskill, 1/5/60, 5} — 99 0 0 Newmarket, 1944, 5'J 98 0 0 100 0 0 I'atea, 6/9/46, 6 . . — Whangarei, 1/12/61, 51 — 97 10 0 Rotorua, 1/7/61; 6 . . — 94 0 0 Auck. Gas. 1/7/42, 6 1 [02 10 0 — 1 Ditto, 1/5/35, 6* . . Gisborne Sheepfarmers 99 10 0 — 31/5/41, 6} '71 0 0 — N.Z. Breweries, 1/7/33, 10 1 0 0 — Wright-Stephenson, 2nd, lien Pcrpetl. Stk.i-6 55 0 0 —