STOCKS AND SHARES

New Zealand Herald, Volume LXXI, Issue 21940, 25 October 1934, Page 9

STOCKS AND SHARES

THE AUCKLAND EXCHANGE COLONIAL SUGAR RECORD No material change in general investment conditions occurred on the Auckland Stock Exchange yesterday. Giltedge issues remained well supported and in restricted supply, while all leading industrials fully maintained their recent strength. Following a reaction to the recent high levels, Colonial Sugars recovered sharply to a record price of £75 ]os yesterday afternoon, a gain of £2 os on the day, and 10s higher than their previous highest level touched last week. Government loans remained at late Tates. with the exception of 1946, 4 per cent, stock, which was secured 7s 6d cheaper at £lO9. Buyers largely predominated throughout the section. Movements in banks were confined to New Zealands and Reserve Banks, both which were firmer. New Zealands, on which the .half-year's dividend announcement is almost due, hardened 3d in three transactions up to 495, at which there was further support. Reserve Banks on sale at JL'6 lis were 6d firmer. In insurance New Zealands and South British were easier, but Nationals had firmer inquiry. Business was done in New Zealands 9d lower at 695. All other dealing was in miscellaneous industrial shares, all of which showed strength. Gains, other than that recorded in/ Colonial Sugars, were also made by British Tobaccos and Northern Roller Mills. Tobaccos, in dealing at 42s and 41s 9d, were 3d dearer at the latter price and Roller Mills were done twice at 325, a rise of Is 6d. All other sales were made at late rates.

GOLD AND SILVER QUOTATIONS IN LONDON "(Received October 21, 9.5 p.m.) LONDON, Oct. 23 Fine gfold is quoted to-day at £7 Os 3d an oz., compared with £7 Is 6d yesterday. Silver is quoted at 23 11-16 d an oz. *|>ot. and 23 13-1 Gd forward, compared with 23 13-16 d and 23 10-lGd yesterday. The quotation for silver at per fine oz'. is 25 9-16 d, compared with 25 11-16 d yesterday.

CLOSING QUOTATIONS Buyers Sellers 't £ 3 d .£ s d BANKS Com. of Australia .. 0 16 0 0 16 0 Ditto (pref.) 9 19 0 10 0 6 Eng., Scot, and Aust. 5 5 0 5 8 0 National of N.Z. . . 3 10 0 3 12 0 Nat. of Aus. (con.) 6 2 6 6 5 0 Xev," South i Walts 32 0 0 32 10 0 New Zealand . 2 9 0 2 9 3 D Mort., 20s pd. . . — 1 14 9 Reserve Bank of N.Z. 6 10 9 6 11 3 Union of Australia 9 5 0 9 10 0 INSURANCE Australian Provincial 0 11 3 National 1 1 6 1 1 10 New Zealand 3 S 9 3 9 6 Queensland 3 12 6 — South British — 4 13 6 Standard 3 9 0 — LOAN AND AGENCY Abraham-Williams (pf.) 4 13 0 — Dominion Investment 0 17 0 0 17 3 Farmers' Co-op. Auc. (i'5 pd.) 3 10 0 3 18 0 Ditto (£2 pd.) — 1 10 0 Ditto (£1 pd.) — 0 12 0 Ditto (A pref.) .. 1 0 0 — Ditto (B pref.) .. 0 19 6 1 1 0 Ooldsbrough-Mort . . 1 10 9 1 11 6 N.Z. und River Plate — 0 19 0 N.Z. Guar. Corp. 0 5 •1 0 5 6 N.Z. Loan and Merc. 45 0 0 53 0 0 Ditto' (prcf.) SO 0 0 — N A. Farmers' Co-op. 0 1 0 0 3 0 Ditto (B pref.) . . 0 6 0 0 S 6 Traders' Finance 0 5 0 0 10 0 Ditto (con.) 0 2 11 — Ditto (pref.) 0 IS Pi — Unitpd Bids. (Auck.) 0 19 0 •— Wright-Stephensou (pf.) 0 19 G — COAL Grey Valley — 0 12 0 Pukemird .... — 1 1 6 Renown 0 4 R — Ditto (pref.) 0 2 3 0 2 6 Taupiri .. .. 0 13 0 0 14 6 Ditto (pref.)' 1 3 0 1 4 6 Wes f port-Stocktou . . 0 3 0 0 3 4 Ditto (pref.) 0 4 10 0 5 3 >..*>: ; GAS Auckland 1 6 '7 1 7 ' 0 Ditto (con. 1 0 19 3r 1 0 0 Birkenhead — 0 16 0 Dido (7, pref.) . . — 1 2 0 Whangarei — 0 17 0 SHIPPING Devonport Steam 1 3 6 1 5 6 Hiiddflrt-Purkcv 1 15 6 — Ditto (pref.) — 1 9 6 Northern Steamship 0 6 G 0 7 0 Ditto (con.) 0 1 4 — P. and 0 (def. stk.) 1 1 0 1 3 6 TIMBER '.Bartholomew 0 14 0 Kauri — 0 in R Leylond-O'Brieri ... — 1 3 0 National 0 14 3 0 14 9 Rotoiti ( .. 0 2 9 0 5 0 Taupo Totara" J. 0 5 6 0 6 1 WOOLLEN Kaiapoi . . .. 0 13 3 0 14 0 Ditto (con.) 0 4 0 0 4 G Wellington 5 8 0 — Ditto (pref.) 5 10 0 — BREWERIES Dominion Breweries 0 10 9 — N.Z. Breweries 2 8 9 2 9 6 J. Staples — 1 11 6 Tui . / 2 15 0 — MISCELLANEOUS Australian Gloss .. _ 0 13 6 British Tobacco 2 1 6 •> 2 3 Burns-Philp .. — 2 18 0 By croft, Ltd. 2 12 0 2 14 0 Claude Neon (Sydney] 1 2 2 0 0 7 0 Colonial Sugar 73 10 0 75 10 0 Consolidated Brick 0 10 9 0 11 0 Donaghy's Rope — 2 15 0 Dunlop-Perdriau .. 1 0 0 1 0 1 Electrolytic Zinc 1 7 9 — Ditto (pref.) 1 15 6 — Farmers'- Trading Co. 0 6 10 0 7 0 Ditto (A pref.) .. 0 18 0 0 19 0 Ditto (B pref.) .. 0 14 0 0 14 9 Gear Meat — 1 7 Grey and Mcnzies .. 0 4 6 0 7 0 Hill and Plummer .. — 0 18 0 Manawatu Knitting 1 6 6 — Milne and Choyce (pref.. 6) 1 3 0 1 9 0 Ditto (deb. stk.) 0 19 3 1. 0 6 Moturoa Oil — 0 3 G N.Z. Drug 3 18 6 . — National Electric 0 7 3 — X.Z. Farmers' Pert. 0 18 3 0 19 0 N.Z. Newspapers . 1 12 3 1 13 3 N.Z. Paper Mills .. 1 13 0 . 1 15 0 N.Z. Refrigerating .. 0 19 5 — _ Ditto (con,) 0 9 4 0 9 6 Northern Roller 1 11 6 1 11 0 Phillipps and Impcy 2 2 0 — Robinson Ice 1 0 0 1 1 6 San ford 0 2 9 0 3 ? Ditto (pref.) .. 0 11 0 — Sun News .. 0 3 9 0 4 1 Thames Theatre .. 0 2 6 — Union Oil — 1 13 0 Wuirakei .. 0 5 0 ' • — Wilsons Cement 1 13 9 1 15 0 Woolworths (N.Z.) .. 8 0 0 — Ditto (pref.) 1 19 6 2 2 0 Ditto (Syd.. 1st pf.) 2 0 0 — Ditto (Syd., 2nd jjf.) i 1 7 0 — Ditto (Vic..- pref.) 1 7 3 — . ' N.Z. GOVT. LOANS Bonds. 15' 11/41. 3 3 /4 105 0 0 Ditto, 15/1/40, 4 .. 105 2 6 105 iO 0 Ditto, 15/2/46, 4 .. 100 0 0 —- Ditto. 15/4 '49, 1 .. 109 0 0 — Ditto, 15/6/55, 4 .. 113 0 0 —• Rural, 15<9'47. 5 . . 102 0 0 — Stork. 15/3/38-43. 3'/ a 108 15 0 — Ditto. 15 6'38-52, O'i 110 0 0 — P*Uo. 15/3/39-43. 3!a 108 15 0 — Ditto, 15/5'39-52, 31 i 110 0 0 — Ditto, 15/11741, 3% 105 0 0 — 0 Ditto, 15/1/40, 4 .. 105 0 0 105 10 Ditto. 15/2/46, 4 . . 109 0 0 109 10 0 Ditto, 15/4'49, 4 . . 109 5 0 109 12 6 Ditto. 15 7 u'55. 4 113 0 0 113 10 0 DEBENTURES Ak. U.B-.. 10/7/48. 5Vi 103 0 0 106 0 0 Well. II.B.. 28/2 '40, 5'/ a — 107 0 0 Tli;.me s B.B.. 1/9/45. 6 — 84 0 0 A.K.P.B.. 30'4/50. 4 1 / — 106 10 0 Wnitemata. 1/6/64, n'/ 3 106 0 0 111 0 0 Wellington Hos. Brd 0 0 U '9/43. 4'-i 103 0 0 106 A.T.B.. 1/4/48: 4'-4 102 0 0 106 0 0 Mt. F.d»n, 1/4/63. 4 W , 102 0 0 — Tamaki Wrst. 1/1/65. -1% ~ 107 0 0 Anialga. Brick (Auck. I. 0 0 1 '3/44. 7% . . 101 0 0 106 GiRl-iorne Fhcepfarmers. 0 0 31/SMI, 6% . . 98 0 0 102 C'.l.'ixo. 1/8/15. B l -' a 91 0 0 SVillinnisoti Picture. 5/6/33-19. 7'/, — 92 0 0