STOCKS AND SHARES

New Zealand Herald, Volume LXIX, Issue 21333, 7 November 1932, Page 5

STOCKS AND SHARES

THE AUCKLAND EXCHANGE BANK OF NEW ZEALANDS RISE Quiet conditions existed on the Auckland Stock Exchange on Saturday morning. The most notable feature was a distinct upward movement in Bank of New Zealands following, the declaration of a lower rate of dividend, which apparently was not cut quite as much as the market anticipated. Government loans remained in strong demand and sellers continued to operate sparingly. Business was done in 1937 5? per cent bonds, which changed hands for the first time since September, at an advanco of 22s 6d to £IOO ss. Inquiry for banks generally was rather restricted, but offers were slightly firmer for Australasias and New South Wales. Dealing in New Zealaruls took place Is higher at 47s without fully satisfying inquiries at that price. Holders were firm at 47s 3d for moro. Commercials of Australia were done 2d lower at 14s 5d with holders closing slightly firmer than on the previous day. Unions wero unsupported at £7 15s. Other sections of the market were inactive. Support, was a little easier for Auckland Gas, but supplies remained firmly held. New Zealand Breweries were wanted a shade firmer, but the offers met with no response from holders. Interest in Australian investments was a little easier. ... The mining section was quiet with little alteration in levels. Waihis were done at 18s. Junctions were firm, sellers asking a penny more at 3s 7d.

CALL AND DIVIDEND LIST Dividends— Due Bank of Adelaide—interim, 4 p.c. p.a. Nov. 9 N.Z. Paper Mills—interim, halfyearly, 3 p.c Nov. 30 Dominion Pictures—final, pref., 71 p.c. p.a.: ord., 21 p.c. p.a. Nov. 10 Bycrofts, Ltd.—interim, lid a share Nov. 12 Burns, Philp—interim, half-year, 10 p.c. p.a Nov. 15 Australian Glass—interim, prcf., 4} p.c.: ord., 3 p.c Nov. 15 Broken Hill Proprietary—halfyear. Is a share .. .. Nov. 1G Alexander Mines—la a share .. Nov. 17 Wilsons Cement—interim, Is a share .. Nov. 2S Nat. Bank Australasia—£lo paid and £5 paid, interim, 21 p.c. Nov. 30 Farmers' Trading Co.—interim, A and B pref., 31 p.c. _. . Nov. 30 Bruce Woollen Manufacturing Co.—pref., 7 p.c, .. .. Nov. National ,Ins. —final, 5d a share Nov. Dalgety and Co.—final. 2s a share, free of British Income tax Nov. Imperial Chemicals interim, ord., 2J p.c : Dec. 1 Henry Jones Co-op.—final, Is 3d a share .. .. .. .. Dec. 1 Bank N.Z.—interim, ord.. Is 3d a share, D mort., 3j p.c. .. Dec. 10 VALUE OF THE POUND On the latest quotations £1 in Auckland is worth approximately■:— s d 18 0 in London. 22 9 in Sydney. 12 21 in New York, 13 7 in Montreal. 12 1J in Paris. 12 21 in Berlin. 12 2J in Batavia. 28 8 in Yokohama. P. AND O. DEFERRED STOCK LONDON, Nov. 4 P. and O. deferred stock is quoted at 19s Bid, compared with 19s 7id on October 31./

CLOSING QUOTATIONS Buyers Sellers £ s d X & d BANKS Australasia 9 10 0 10 0 0 Com. of Australia . . 0 14 3 0 14 8 * Ditto (pref.) — 7 12 6 Eng., Scot, and Aus. 4 9 0 4 11 0 National of N.Z. . « — 4 O 0 Nat. of A'sia. (con.) — 5 15 0 New South Wales . . 23 10 0 — New Zealand . . • 2 7 0 2 7 3 D pref., 20s paid - . 1 0 0 — 0 Union of Australia . — 7 15 INSURANCE New Zealand . • • 2 3 6 — 0 Queensland .. 2 8 0 2 10 South British 2 17 0 2 18 0 Standard 2 8 0 2 1L 0 LOAN AND AGENCY Abraham-Williams (pf.) — 3 7 6 Dalgety and Co. — 8 7 6 Dominion Investment — 0 18 6 farmers' Co-op. Auc. (A. pref.) 0 13 9 •— Ditto (B pref.) 0 11 0 — Goklsbrough-Mort . . — 1 3 6 Nat. Mortg. Agency 1 15 0 — N.Z. and River Plate 1 0 0 ■ 1 3 0 N.Z. Guarantee (ord.) 0 4 10 — N.Z. Loan and Merc. 45 0 0 56 0 0 N.A. Farmers' Co-op. (B pref.) — 0 9 0 Traders' Finance (pf.) 0 u 0 — COAL Renown (ord.) 0 1 9 0 4 0 Taupiri .>.* 0 11 0 — Westport >. 0 12 f, — GAS Auckland 1 I 0 1 1 6 Ditto (con.) 0 15 0 0 15 3 SHIPPING Huddart-Parker — 1 9 0 Ditto (pref.) 0 19 0 — "Northern Steam'(con.) 0 2 3 0 2 9 P. and O. (dof. stk.) 0 19 0 — Union Steam (pref.) 1 0 0 — TIMBER Kauri . . *. 0 12 0 — National 0 4 0 — WOOLLEN Mosgiel » . 6 7 6 >— BREWERIES N.Z. Breweries .. 1 r, 9 — Tooth's — 1 12 0 MISCELLANEOUS Adair Bros. . . 0 17 0 A. J. Entrican (pf.) — 0 17 0 Australian Glass . . 2 0 0 •2 1 6 British Tobacco — 1 11 G Byeroft, Limited .. 1 10 0 1 14 0 Colonial Sugar 48 0 0 49 10 0 Dominion Pictures .. 0 9 ti 0 15 0 Farmers' Trading Co. 0 1 (> 0 3 0 Ditto (B pref.) 0 7 0 0 9 0 Gear Meat — 1 13 0 Grey and Menzies .. 0 2 6 0 6 0 Henry Jones Co-op. * 1 10 0 — Hill and Plummer . — 0 15 0 Kempthorne-Prosser * 2 19 0 3 0 6 Milne and Choyce (B pref.) 0 14 0 — Ditto (deb. stk.) .. — 0 13 f) Morris Hedstrom !pf.) 0 18 n — Moturoa Oil . . 0 3 0 0 5 0 N.Z. Farmers' Fert. — 0 16 3 N.Z. Refrig. (con'.) . 0 2 n 0 3 o Robinson Ice Cream — 0 17 6 Sharland and Co. Cex. div.) 0 16 0 — Ditto (pref.) ex-div. 0 16 0 — Taranaki Oilfields . . 0 2 0 — Union Oil (ex-div.) * 1 3 9 1 4 9 Whittome-Stevenson . 0 12 0 — Wilsons Cement 1 12 0 — Woolworths (N.Z.) (pf.) 1 6 6 — MINING Alexander (13b 6d pd.) O ]7 6 Blackwater 0 17 6 0 19 0 Con. Goldfields 0 7 6. 0 9 0 Cornish Point . . 0 0 o 0 0 4 Golden Daw it ,. 0 5 0 0 5 9 G olden Point . »• — 0 0 6 Kawarau . . . — 0 0 8 King Solomon » . 0 1 9 0 1 11 "Mnhakipawa . .. 0 0 3 — Ditto (pref.) .i 0 0 7 — N.Z. Crown Minea « 0 0 3 0 0 8 Okarito 0 8 0 Waihi 0 17 11 0 18 1 Waihi Grand June. . 0 3 5 0 3 7 Mount Lyell 1 0 0 1 1 0 N.Z. GOVT. BONDS War Loan, 15/11/38. i.\ 97 5 0 Ditto, '20/4/39, 4J 95 0 0 Ditlo, 1/9/41. 4 V .. 95 10 0 Ditto, 15/2/37, 5i . . 9li 10 0 Ditto, 15/8/33, 5i . . 98 0 0 Ditto. 1/2/30, 51 .. io:i o 0 Ditto, 15/2/37, 5} . . 100 0 0 — Ditto, 1/9/37, 5J . . 100 0 0 — INSCRIBED STOCK War Loan, 15/11/38, 4i 97 0 0 Ditto, 20/4/39, 4J , . 95 0 0 Ditto, 15/2/37. 5i .. 96 10 0 Ditto, 1/9/27-41, 51 . — 97 10 0 Ditto, 1/2/31), 5) .. 100 0 0 Ditto, 15/2/37, 5i . . 99 15 0 100 5 0 Ditto, 1/9/37, 51 . . — 100 5 0