STOCKS AND SHARES

New Zealand Herald, Volume LXXI, Issue 21874, 9 August 1934, Page 7

STOCKS AND SHARES

THE AUCKLAND EXCHANGE further insurance gains "Firmer movements predominated in an improved volume of business in the Investment market 011 the Auckland. Stock Exchange yesterday. The principal gains were in gilt-edge securities, insurance and &ome industrials. The upward trend of tho market for government loans was maintained, feoveritl issues commanding stronger support. A rise of £1 took place in 3040 4 per cent bonds on sale at £lO7, with further inquiry at that level. For 1955 -1 per cent stock offers were lifted 2s 6d to .CIOS without success. After p lapse of .two months dealing took place in 1941 32 per cent .stock, which ! was done at £104: 7s 6d, as against £lOl 30s previously. Banks again exhibited a slightly firmer tendency, but business in the section was confined to Reserve Banks, which hardened 6d at the top price of £6 6s 3d. Several other issues were stronger 011 the levels. "Gains were registered by each of the insurance companies dealt in. South British advanced to new high levels in dealing at 83s 6d and 83s 9d, a full rise of 9d. New Zealands moved up 3d on the ex dividend sale at 62s on the pre- , vicus day and Nationals had sale similarly higher'*at 19s 9d. 0 Pastoral shares were weaker, with the exception of Farmers' Auctioneerings, the £5 paid issue of which changed hands again at 755. Business was recorcled in/Dalgetys at £9 2s on a slow market and Goklsbrough-Morts -wore released Is 3d below the level of the last Bale mad** in July. Industrial shares were fairly active and higher levels ruled for Devonport Ferries and New Zealand Newspapers, both of which were done 3d higher, and Staples' Brewery, in which dealing took place cum dividend at a rise of 6d. There was a loss of Id in Renown Collieries' preference on sale at Is 5d and P. and O. deferred stock was substantially weaker than recent rates in business at 18s 3d.

CLOSING QUOTATIONS [i Buyers Sellers 7 £ s d £ s d BANKS Australasia — 11 11 0 Commercial of Auci. 0 15 7 0 15 10 Ditto (pref.) 9 12 0 — Commercial ' of Syd. — 10 17 6 Eng.. Scot, and Auii. 4 19 0 5 3 6 National of A'asia... 12 4 0 12 10 0 Ditto (con.) 5 19 0 6 1 0 New South Wales .. 30 0 0 30 10 0 New Zealand 2 G 3 2 6 6 D pref., 20s paid.. — 1 14 3 Reserve of N.Z. 6 6 8 6 6 6 "Union of Australia . . 9 10 0 9 17 0 INSURANCE Ans. Provincial 0 10 0 0 10 5 National . 0 19 7 1 0 3 New Zealand , < 3 1 6 3 2 6 Queensland . i . 3 9 0 — South British .. 4 3 6 ' 4 3 9 Standard 3 5 6 — LOAN AND AGENCY Abraham & Williams (pref.) — 4 15 0 Dominion Invest. — 0 18 0 / Farmers' Co-op. Auc (£5 pd.) .. 3 13 6 3 17 0 Ditto (£1 paid) , 0 5 0 — Ditto (A pref.) 1 0 9 — Ditto (B pref.) , 0 19 9 1 0 G Goldsbrougrh-Mort . 1 8 1 1 9 0 National Mortr. (B — 1 11 6 K.Z, and River Platr- — 0 19 6 *. N.Z. Guarantee 0 4 3 — N.Z. Loan and Merc — 56 0 0 Ditto (pref.) 75 0 0 — N.A. Farmers 0 1 0 — Ditto (B ; pref.) . 0 5 0 — Traders' Finance — 0 9 0 Ditto (con.) 0 2 7 0 3 6 Ditto (pref.) 0 17 9 — ' United Perm. Builld. 0 19 0 — "Wright, Stephenson — \ 0 18 6 Ditto (pref.) 0 19 0 — COAL Pukemiro 1 6 0 Renown , ' -. — 0 4 6 Ditto (pref.) 0 1 0 0 1 9 Ditto (pref., new) 0 1 0 — Taupiri 0 13 0 0 14 0 Ditto (pref.) 1 3 S — Westport-Stockton .. 0 3 4 0 3 7 Ditto (pref.) 0 4 9 0 5 2 GAS [Auckland 1 4 9 1 5 2 Ditto (con.) 0 18 3 0 18 8 Birkenhead & Northcote (7 pref.) . . 0 15 0 1 2 0 Christchurch 1 12 0 — Wellington .. 1 19 6 2 1 0 SHIPPING Devonport Steam 1 2 3 1 8 0 Howard Smith — O 14 9 Huddart-Parker 1 12 3 1 13 9 Northern Steam. 0 6 0 0 6 9 Ditto (con.) 0 1 1 0 1 6 P. & 0. (def. stk.) 0 18 3 — Union Steam (pnsf.) 1 G 3 1 7 3 TIMBER Bartholomew 0 12 6 0 17 6 Kauri . . 0 17 4 0 18 0 J.i«yland-0'Brien .. 1 0 0 1 3 0 National .. .. 0 8 3 — Parker-Lamb .. — 0 4 0 Tnupo Totara . . 0 5 6 0 7 6 Ditto (pref.) 0 11 6 — WOOLLEN Kaiapoi .. 0 10 9 0 11 6 BREWERIES N.Z. Breweries 2 3 9 Toohey's " • 1 6 0 — Tooth's 2 4 .0 2 5 0 MISCELLANEOUS Australian Glass 2 7 0 2 8 0 Aus. Iron (pref.) .. 1 1 4 — British Tobacco 1 16 3 1 17 3 Byoroft, Limited 2 8 S 2 11 0 Colonial Sugar 64 7 6 — Consolidated Brick 0 7 8 0 8 0 Dominion Fertiliser 0 18 0 1 0 0 Dominion Pictures .. 0 14 0 1 0 6 Dunlop Perdrinm .. 0 18 0 0 18 G Electro. Zinc 1 5 C 1 G 3 Farmers' Trading .. 0 6 0 0 G 3 Ditto (A pref.) 0 17 0 0 17 9 Ditto (B pref.) .. 0 13 6 0 14 6 Gear Meat .. .. 1 5 0 Grey & Menzies 0 4 fi 0 7 0 Ditto (pref.) 0 G 6 Henry .Tones 1 9 n H-M. Theatre (pref.) 0 18 6 1 1 0 Miine & C'hoyce . . 0 19 3 — Ditto (pref.) 1 2 0 Ditto (deb. stock) 0 18 B — Moturoa Oil 0 1 3 0 3 6 National Electric .. 0 r. 2 — N.Z. Drue 3 16 0 — N.Z. Fertiliser 1 o 6 N.Z. Newspapers 1 10 6 1 11 3 N.Z. Paper Mills .. 1 11 3 — N.Z. Refrigerating; .. 0 18 4 — Ditto (con.) 0 8 0 0 8 r, Northern Roller Mill. 1 10 0 Sanford 0 2 f, .Ditto (pref.) — 0 10 0 Shnrlajid 1 4 0 •Ditto (nrcf.) 1 4 0 — Sun News 0 3 10 0 4 3 Tarannki Oilfields .. 0 1 6 0 2 0 Wairnkei 0 4 6 Vv'jiittoiiu. Stevenson 0 12 0 0 15 0 Wilsons N.Z. Cement 1 9 10 1 10 3 Wool worths (N.Z. I .. r, 18 0 — Ditto (pref.) 1 19 3 2 1 0 Ditto / (10. piref.) 1 18 6 — N.Z. GOVT. LOANS Bonds. 15/11/41, ay. 102 10 0 Ditto, 15/1/40, -1 .. 107 0 0 Ditto, 15/2/40, 4 . . 107 0 0 _ Ditto. 15/4/49. <1 .. 107 5 0 _ Ditto, 15/0/55, <1 . . 107 15 0 — Stock. 15/3/38-43, 3% 103 0 0 — Ditto, 15/5/38-52, 3'A 107 10 0 — Ditto, 15/3/39-43, 3% 107 10 0 — Ditto. 15'5/?9-52. 3% 107 10 0 , — Ditto, 15/11/41, 3/1 103 0 0 — Ditto, 15/1/40, 4 . . 107 0 0 — Ditto. 15/2/40. 4 . . 107 10 0 — Ditto. 15/4/49. 4 .. 107 15 0 — Ditto, 15/G/55. 4 . . 108 O 0 — DEBENTURES Ak. Har.< B.. 10/7/30. 4 — 103 0 0 Ditto, 10/7/39, S'4 — 305 0 0 Ditto, 10/7/40, n'/j — 100 0 0 y Whansrarei Har. Bd., 7/7/41, 5*< __ 102 0 0 Hikuranci Town Bd., 20/1/37, 4 V* — 101 0 0 Amal. Brick (Auck.), 1/3/44. 7% 100 0 0 — " Ditto (Well ngton). 103 0 31/3/44, 7'4 100 0 0 0 Auck, Gas. 1/7/42. 6 104 10 0 — Gisborne Sheepfanners 31/8/41. c,y 3 98 0 0 — Glaxo. 1/8/45, 6V» .. 91 0 0 — HikurnWei Coal. 55 0 . 31/3/48, 7 45 0 0 0 Williamson Picture, 92 0 5/15/33-49, 7'/ a •• — 0 Wright,/ Stephenson, PS, 5 93 0 A •—