STOCKS AND SHARES

New Zealand Herald, Volume LXXI, Issue 21396, 20 October 1934, Page 9

STOCKS AND SHARES

THE AUCKLAND EXCHANGE RISE IN FARMERS' TRADING Active conditions wore not maintained on the Auckland Stock Exchange yesterday, and the turnover was substantially smaller than on the previous day. Levels in banks and insurances were easier. Support for most Government loans was unchanged, with a slightly firmer tendency in the medium-term 4 per cent stork. A parcel of 1950 4 per cent stock changed hands at the current rate, £1.13 7s Gd. Marked interest was shown in Bank of New Zealands, four lots of which were released unchanged at 48s Bd. Subsequently, supplies were available at 48s 7d. but inquiry also was easier. Holders of Nationals of New Zealand firmed slightly after dealing at the current rate, £3 10s. Continued weakness in the Australian issues was reflected in a sale of Nationals of Australasia, £5 paid, at £6 3s Gd, a fall of 4s 6d since September 11. Reserve Batiks were sought Gd higher at £6 10s 9d, a poller appearing at £6 lis. Bidding was on a lower level for Now ' Zealand Insurance, which sold 3d lower at 69s 9d, more beine available at that price. No, other business was done in this sect on, although there were accommodation movements in South British. The strong demand for Farmers' Trading shares was a feature of operations iu the general sections. A rise in offers was accompanied by selling at 6s Gd and 7s, a full gain of 9d. The B preference issue was done 3d dearer at 14s (id. Dunlop-Perdriaus changed hands Id dearer at 20s, and Wilsons Cements sold twico at the current price, 345. Colonial Sugars were available 15s lower at £74 ss, but buyers dropped out of the market. The E?tchange will be closed on Monday, Labour Day.

CLOSING QUOTATIONS Buyers Sellers £ s d £ s d BANKS Australasia 11 16 0 Com. of Australia .. n 16 0 0 16 2 Ditto (pref.) 9 19 0 Eng., Scot, and Au« 5 5 0 5 9 0 National of N.Z 3 10 0 3 11 6 Nat. of A'asia (con.) 6 2 6 6 6 0 New South Wales .. 32 0 0 32 10 0 New Zealand 2 S 6 2 8 7 D pref., 20s paid — 1 14 9 Reserve Bank of N.Z 6 10 9 6 11 0 Union of Australia . 9 5 0 9 10 0 INSURANCE Aus. Provincial 0 11 0 0 11. 7 National 1 1 4 1 2 0 New Zealand > . 3 9 0 3 9 9 Queensland .. . 3 12 6 South British 4 12 G 4 13 6 Standard 3 9 0 LOAN AND AGENCY Abraham- Williams (pf.) 4 12 6 _ Dominion Investmenl 0 16 11 0 17 4 Farmers' Co-op. Auc (£5 paid) , 3 18 0 Ditto (<£2) .. — 1 10 0 Ditto (,£1) .. — 0 12 0 Ditto (.[J pref.) .. — 1 1 3 Goldsbroush-Mort 1 11 0 1 11 9 National Mort. Agency (A, £2 paid) — 3 1 0 N.Z. and River Plate — 0 19 0 N.Z. Guarantee Corp 0 5 2 0 '5 6 N.Z. Loan and Merc — 49 0 0 Ditto t'pref.) 75 0 0 — N.A. Farmers' Co-op 0 1 0 0 3 0 Ditto (B pref.) . 0 6 0 0 8 6 Traders Finar.ee Corp 0 5 0 0 10 0 Ditto Icon.) 0 2 10 — Ditto '!pref.) 0 13 0 — United Pur. Bids;. (Ak.1 0 1!) 0 1 2 0 "Wright-Stephenson (pf.) 0 19 6 — COAL Grey Va-iley . . 0 12 0 Kaiiangafa .. 1 2 6 Pukemiro .. . 1 2 0 JRenown .. , 0 1 6 — Ditto (pref.) 0 2 0 0 2 6 Taupiri .. , 0 1.", 0 0 14 6 Ditto (pref.) . 1 3 0 1 4 G Westpo^t — 0 19 4 Westport-Stockton. . 0 3 0 0 3 1 Ditto (pref.) 0 4 10 0 5 3 GAS Auckland. i r, 7 Ditto (con.) 0 19 6 1 0 0 Birkenhead & N'cot J — 0 16 6 Ditto 1" p.c. pref.) — 1 1 0 Whangarei — 0 17 0 SHIPPING Devonport I 3 0 1 5 6 Huddart- Parker 1 15 6 — (pref.) — 1 9 6 Northern Steam. 0 6 4 0 G 10 Ditto (con.) 0 1 4 0 2 3 P. and 0. (def. stk.! 1 1 0 1 3 6 TIMBER Bartholomew 0 14 0 Kauri 0 19 5 0 19 8 Leyland-O'Brien — 1 3 0 National 0 14 3 0 14 9 Parker-Lnljb — 0 3 6 Rotoiti ... 0 2 9 0 5 0 Taupo Totara Timber 0 5 G 0 6 2 WOOLLEN Kaiapoi 0 13 3 0 14 0 Ditto (con.) 0 4 0 0 4 6 Wellington 5 8 0 — Ditto (pref.) 5 10 0 — BREWERIES Dominion 0 10 9 New Zealand 2 9 0 2 10 6 J. Staples j . ■ — 1 11 6 Tui .. 2 12 6 — MISCELLANEOUS British Tobacco 2 1 3 2 1 9 Burns-Pi.ilp . 2 17 6 — Bycroft, Limited 2 12 0 2 14 0 Claude Neon (Syd.) 2 2 0 2 4 0 Colonial Sugar — 74 5 0 Consolidated Brick 0 10 8 0 10 11 Dominion Fertiliser 1 0 0 — Dunlop-Pertlriati 0 19 11 1 0 3 Electrolytic Zinc 1 7 6 — Ditto (pref.) 1 15 6 — Farmers' Trading Co. 0 6 10 — Ditto (B pref.) 0 34 0 — 0 Grey and Menziea .. 0 4 G 0 7 Henry Jones Co-op. 1 14 0, ■— Hill and Plummer .. — 0 18 0 Manawatu Knitting 1 f» 0 — Milne and Choyce (pf.) 1 2 0 — Ditto (deb. stock) 0 19 0 1 0 G Moturoa Oil — 0 3 0 N.Z. Drug .. 3 18 0 — National Electric . . 0 7 3 —' N.Z. Farmers' Fert. 0 17 9 0 19 0 N.Z. Newspapers .. 1 12 0 —• N.Z. Pacer Mills 1 13 0 — N.Z. Refrigerating .. 0 19 0 — Ditto (cftn.) - . . 0 9 3 0 9 6 Northern Roller Mill. i 10 0 1 14 0 Rohin?on Ice Cream 0 19 9 1 1 9 8anford 0 2 10 0 3 6 Ditfo (pref.) .. 0 11 0 — Bun Nevs ,. 0 3 c> 0 4 1 Thames Theatre 0 2 0 — Union 0:1,/? Soap .. 1 8 0 1 11 0 V,"airakei ' . . •. 0 5 0 — Wileons Cement .. 1 13 r» 1 14 6 YToolworUia (N.Z.) .. 7 15 0 8 15 0 Ditto fnref.) 2 0 0 2 3 0 Difto (Syd.). 1st pf. 2 0 0 — Ditto (Vnd pref.) - 1 7 3 1 8 6 Ditto (Vic.), pref 1 7 3 — N.Z. GOVT. LOANS BOTUIS, 15/11/41 zy. 105 0 0 — Ditto. 15/1 /10, 4... 105 0 0 — Ditto, !l5/2/4(5, 4 . 109 0 0 — Ditto, .15/4/40, 4 .. 109 0 0 — Ditto. 15/6/55. 4 .. 113 0 0 113 10 0 Purnl, 15/9/47, 5 . . 101 10 0 — Block, lil/3/38-43, 3% 108 15 0 — Ditto, 15/5/38-52, ?.% 110 0 0 — Ditto. 15/3/39-4.1. 3% 108 15 0 — Ditto, 15/5/39-52, H'A 110 0 0 — Ditto. 15/11/41. 3% 105 0 0 — Ditto, 15/1/i0, 4 •• 105 0 0 10 G 0 0 Ditto, ;!5/2/4«5, 4 .. 109 5 0 109 10 0 Ditto, 15/1/49. 4 .. 109 5 0 109 10 0 Ditto, :i5/f>/55, 4 . . 113 0 0 113 12 6 DEBENTURES Akld Hirbonr Bd.. 10/7/48, 5Vi — 106 0 0 \Vtgn. Bnrbour Bd . 28/2/40. 5'A 101 0 0 107 0 0 Thames Harbour Bd., 1/9/45. 6 — 84 0 0 Akld. Elec.. P. Bd., 30/4/48.4'/.. 103 0 0 *— Wnitematn Elec. P. B.. _ 1/G/G4, 5% .. 107 0 0 111 0 0 Wicn. Hosnital Bd., 14/9/43, 4'/ 103 0 0 10G 0 0 Akld Transport Bd . 1/4/4*. 4'j .. — 106 0 0 Mt. Eden,f 1/4/63, 4'1 102 0 0 — Anal. Bi-ick (Auck), 0 1/3/44. V/, .. 101 0 0 10G 0 Akld Gas. 1/7/42, 0 107 0 0 — Gisborne Sheepfarmers. Ml/?/41, «*/, . . 98 0 0 — Olaxc. 1)8/15. fi'a .. 91 0 0 — \Villiamsori Picture, ~ .. .. 1 6/C/33-49. 7'A — VZ CI J