STOCKS AND SHARES

New Zealand Herald, Volume LXXI, Issue 21983, 14 December 1934, Page 9

STOCKS AND SHARES

JTHE AUCKLAND EXCHANGE

QUIETER CONDITIONS RULE

Quieter conditions ruled in the investment market on the Auckland Stock Exchange yesterday and the turnover was reduced considerably. Levels, especially for industrials, were inclined to be easier. No business was done in Government loans, in which operations were restricted. The 1910 and 1946 4 per cent issues had slightly better support, but there was a weaker demand for the Si per cents. Bank of New Zealands were taken unchanged at 495, but levels dropped by about 3d all round and two parcels were transferred later at 48s lOd. Reserve Banks were steady and a lot was released at the current rate, £'G lis. There was no dealing in the Australian issues, but Commercials and New South Wales showed improvement on the bidding A rise in levels for New Zealand Insurance accompanied a sale 3d dearer at 6Ss 9tl. South British were a shado easier. . . In coals Renown Collieries were transferred 6d higher at 4s 6d. Auckland Gas shares were taken unchanged at 275, but more were not wanted at that price. Northern Steamship gained 2d in a sale at 6s lOd and New Zealand Refrigerating (10s paid) changed hands Id higher at 10s Id. A concession was made by holders of Colonial Sugars, which were accepted 5s lower at £i2 15s and at £42 17s 6d. More were available at £42 17s 6d. Milne and Choyce debentures were secured unchanged at 19s 3d.

CLOSING QUOTATIONS

BRITISH WAR LOAN ([Received December 13, 5.5 p.m.) British Wireless RUGBY. Dec 12 War Loan, 3* per cent, is quoted to-dav at £lO7 12s 6d, compared with £lO6 'lßs 9d yesterday. CALL AND DIVIDEND LIST tv j _ ' Uue Dividends— . K , rmders' Financ©-pret.. tinai. 5 3-5 p.c. p.a. • • ,• • . •: iO - day - Broken Hill South-Is 6d a shar ® o . morrow Blackwater Mines-int.. Is a shal '| 0 . ffiorrow Consolidated Gold-final. _6d » q mom)W r n q o "in n'r To-morrow Golden Sands, 10 p.c. •• n 17 Devonport berry—int., p.c... • Gear Meat-final, 6d a share■ . - Dec. 7 Gok sbroush-Mort— int., 2 p.c... • Woiksop Extended—lo p.c. •• Dec. 19 Golconda Holdings—fin.. 5 p.c. . . ■ Komata Beefs—int., 3d ft share Dec. 2R Morris Hedstrom —int., ord., 2 p. . British Tobacco —ord.. quarterly, 11 P* c * ' nnp Kauri Timber- 3 P-c. pa. •• i • Nat. Ban': N Z.-int.. 2 p.c. .. Jan. 5 Bulolo—int., 90 cents. .. • Jan. iu Placer Development—int.. 1 dollar 20 cents .. Ja "- \ n Mt. Morcan—Gd a share - . • • lu . A,P.A.—2i P :c. ,Tftn - ~ Call— Upper s>hotover —Id a share. _____ making lOd paid •• 10-morrow

Buyers Sellers £ a d £ a d BANKS Australasia 11 2 6 — Com. of Australia . • v, 16 0 0 16 3 Ditto Ipref.) — 0 10 0 0 Eng., Scot, and Aus. 5 0 5 5 0 National of N.Z. 3 10 0 3 13 6 New South Wales -. 31 7 6 32 0 0 New Zealand 2 8 9 2 9 0 Ditto. I). Mort., 20s pd. — 1 12 0 Beserve Bank of N.Z. 6 10 6 6 12 0 Union of Australia . . 8 15 0 9 0 0 INSURANCE Aus. Provincial — 0 11 3 National 1 1 0 1 2 0 Xew Zealand 3 8 6 3 9 0 Queensland 3 13 6 — South British 4 15 6 4 16 9 LOAN AND AGENCY Dalgety — 9 0 0 Dominion Investment — 0 lb 11 Farmers' Co-op. Auc. 3 15 (£5 paid) .. 3 2 6 0 Ditto (£2) — 1 5 0 Ditto (£1) •• — 0 10 0 Goldsbrough-Mort. . . 1 9 6 1 10 6 N.Z. and River Plate 0 15 0 — N.Z. Guarantee Corp. 0 5 9 0 5 1U N.Z. Loan and Merc. — 50 0 0 N.A. Farmers' Co-op. 0 (B pref.) Traders' Finance Corp. 0 5 6 0 8 — 0 9 0 0 Ditto (con.) — 0 3 Ditto (preM — 1 1 0 United Per. Bldg. (Ak.) i — 1 1 0 Wright-Stephenson 0 17 0 — Ditto (pref.) 0 19 6 — COAL Grey Valley — 0 11 0 Pukemiro .. .. 1 0 0 — Renown 0 4 6 0 5 6 Ditto (pref.) 0 1 7 0 2 0 Taupiri .. 0 14 3 — Ditto (pref.) 1 3 0 1 4 0 Westport-Stockton .. — 0 3 0 GAS Auckland — 1 7 0 Ditto (con.) 0 19 0 1 0 0 Birkenhead & N'cot» — 0 14 0 Ditto (7 p.c.. pf ) — 1 0 0 ■Wlianga.rei — 0 14 0 SHIPPING 1 Devonport Steam 1 2 0 1 4 0 Howard Smith v .. 0 15 0 0 16 6 Huddarl-Parker — 1 17 6 Ditto (pref.) .. — 1 10 0 Northern Steam. 0 6 9 0 (3 11 Ditto (con.) 0 1 5 0 1 10 P. and 0. (def. stk.1 — 1 1 6 Union Steam (pref.) — 1 8 0 TIMBER Bartholomew 0 14 0 — Kauri .. 0 18 9 — Parker-Lamb 0 1 0 — Tanpo Totara Timber 0 4 9 0 5 2 Ditto (pref.) 0 14 3 — WOOLLEN Kaiapoi .. ' — 0 15 9 Ditto (con.) — 0 6 0 Ditto (pref.) — 1 0 3 BREWERIES Dominion 0 10 6 0 11 6 New Zealand 2 10 0 2 11 6 Tooth'a — 2 11 6 MISCELLANEOUS British Tobacco 2 0 9 2 1 6 Bycroft, Limited .. — '2 12 6 Claude Neon (N.Z.) 2 13 6 2 15 6 jLnuo (Syd.) 2 12 3 — Colonial Sugar 42 10 0 42 17 6 Consolidated Brick .. 0 9 10 0 10 0 DunloprPerdriau Electrolytic Zinc Farmers' Trading Co. 0 19 7 0 19 11 — 1 4 u 0 6 10 0 7 0 Ditto (B pref.) — 0 0 14 0 Gear Meat 1 5 1 6 0 Grey and Menzies . . 0 5 0 — Hill and Plummer .. — 0 17 3 H.M. Theatre (pref.) — 1 2 0 , Milne and Choyce 1 7 0 (pref., 6 p.c.) 1 3 0 Ditto (deb. stock) 0 19 0 0 19 6 Morris Hedstrom 0 1(5 3 0 1(1 7 New Zealand Drug — 4 0 0 N.Z. Formers' Fert. 0 17 0 0 19 0 N.Z. Newspapers 1 12 9 1 13 3 N.Z. Paper Mills .. . — 1 14 6 N.Z. Refrigerating • • — 10 1 1 0 Ditto (con.) 0 9 0 1C 3 Northern Rolle- Mill. 1 12 0 — Peters Ice Cream . . 1 2 0 2 12 1 2 Phillipps and Impey Robinson Ice Cream 2 3 (i 6 0 Sanford 0 -2 10 0 3 3 Ditto (pref.) 0 11 3 !> 0 14 0 Shailand 1 5 — Ditto (pref.) 1 0 0 Taranaki Oil 0 0 8 0 1 0 Union Oil. Soap 1 8 !) — Wairakei 0 4 6 — Whittcme-Stevenaon 0 9 0 0 1!> 0 Wilsons Cement 1 12 0 1 13 0 Woolworths (N.Z.), pf. . 1 19 6 2 4 0 Ditto (Syd.), 1st pf. 2 0 0 Ditto (2nd pref.) . . 1 7 0 1 12 o Ditto (Vic.), pref. — N.Z. GOVT. LOANS Bonds, 15/1/40, 4 . . 103 5 0 104 0 105 10 112 5 0 0 A Ditto, 15/2/46 4. .. 105 5 0 Ditto, 1516155, 4 . . — 0 U Rural. 15/9/47. 5 ... 103 0 Stock. 15/5/39-52, 3% lib 0 0 ' Ditto. 15/5/39-52, 3% 105 0 0 ' Ditto. 15/11/41, 3% 100 0 0 104 0 n Ditto. 15/1/40, 4 . . 103. 5 0 U ' Ditto. 15/2/46, 4 105 2 6 107 0 112 0 q Ditto. 15/4/49. 4 .. 100 10 0 0 Ditto, 15/6/55, 4 .. 111 10 0 debentures City of Auckland, 1/1/44-67, iY, . 105 0 0 111 0 0 Akld. Elec. Power B.. 30/4/44, 4/i , • • JO Ditto. 30/4/47, iV* 103 10 Onehunga. 1/12/35, 4V* 0 0 106 0 loo o 100 10 0 0 0 Amal. Brick (Akld.). 1/3/44. 7% 101 0 0 103 10 0 Ditto ("Wellington), 31/3/44. 7% Gisbome Sneepfarmers. 31/8/11.6%.. 102 10 0 100 0 0 103 0 0